OIO (OIO) financial statements
OIO reported revenue of $6M in fiscal 2024, up 10.5% a year over 2 years.
Net income was -$633,257.
Free cash flow was -$5M.
The diluted share count rose 308% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from OIO's 10-K filings with the SEC.
| Fiscal year | 2022 | 2023 | 2024 |
|---|---|---|---|
| Revenue | $5M | $6M | $6M |
| Cost of revenue | $1M | $977,619 | — |
| Gross profit | $4M | $5M | — |
| Selling, general and admin | $2M | $94M | — |
| Interest expense | $246,359 | $388,717 | $350,145 |
| Pre-tax income | -$2M | -$95M | -$760,586 |
| Income tax | $8,000 | $133,000 | -$127,329 |
| Net income | -$2M | -$95M | -$633,257 |
| EPS (diluted) | -$0.37 | -$14.69 | -$0.02 |
| Diluted shares | 6M | 6M | 26M |
| Gross margin | 78.1% | 84.1% | — |
| Net margin | -47.9% | -1540.8% | -10.4% |
Balance sheet
Fiscal years, from OIO's 10-K filings with the SEC.
| Fiscal year | 2022 | 2023 | 2024 |
|---|---|---|---|
| Cash and short-term investments | $252,399 | $366,761 | $634,882 |
| Receivables | $815,128 | $1M | $1M |
| Inventory | $221,151 | $64,184 | $440,194 |
| Total current assets | $1M | $1M | $2M |
| Property, plant and equipment | $22M | $22M | $21M |
| Total assets | $26M | $26M | $26M |
| Total current liabilities | $10M | $15M | $9M |
| Long-term debt | $371,103 | $112,319 | — |
| Total liabilities | $13M | $18M | $11M |
| Shareholders' equity | $13M | $8M | $15M |
| Net debt | $118,704 | -$254,442 | -$634,882 |
Cash flow
Fiscal years, from OIO's 10-K filings with the SEC.
| Fiscal year | 2022 | 2023 | 2024 |
|---|---|---|---|
| Operating cash flow | $2M | $5M | -$3M |
| Capital spending | $2M | $2M | $2M |
| Free cash flow | $456,040 | $3M | -$5M |
| Net borrowing | -$2M | -$179,410 | -$1M |
| Free cash flow margin | 9.1% | 52.6% | -84.1% |
Every line, every quarterThe deep dive has fifteen-plus years of statements, quarterly results, charts and valuation models for OIO.
Open OIO in InvestinglyQuestions
What was OIO's revenue in 2024?
$6M in fiscal 2024, from its 10-K filing.
How much free cash flow does OIO generate?
-$5M in fiscal 2024 (operating cash flow minus capital spending).
From OIO's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.