IIOT-OXYS, Inc. (ITOX) Jul 2024 Earnings Report
IIOT OXYS INC: Investment Report
Overview
IIOT OXYS INC is a technology company focused on developing engineered products, software, and services for industrial internet applications. With a market capitalization of $444,011, the company is a small-cap player in the computer hardware industry. As the company is not under analyst coverage, there is a lack of recommendations from analysts, making it a unique opportunity for investors to take a closer look. This report aims to provide an in-depth analysis of IIOT OXYS INC's financial performance, growth prospects, and news updates to help investors make an informed decision.
Core Metrics
- Current price: $0.0008 USD
- 52-week high: $0.002
- 52-week low: $0.0005
- Market Cap: $444,011 billion
- P/E Ratio: N/A
- Earnings per Share: N/A
- 50-day average: $0.0008754
- 200-day average: $0.00082035
- Analyst Recommendations: none
Financial Performance
The company's financial performance is a mixed bag. While the total cash balance of $1,405 and free cash flow of $40,312 are positives, the operating cash flow of -$84,514 and EBITDA of -$557,984 are concerning. The revenue growth of -0.942 is also a red flag. However, the gross margins of 0.16346 indicate that the company has some pricing power.
Growth Prospects
Despite the challenges, IIOT OXYS INC has a unique value proposition in the industrial internet applications space. The company's focus on developing hardware, software, and algorithms for various industries could lead to significant growth opportunities. With the increasing adoption of IoT technology, the company is well-positioned to capitalize on this trend.
News and Updates
Recent news articles highlight the company's financial results for the six months ended June 30, 2023, and an upcoming Investor Conference Call. The company's announcement is expected to provide more insight into its financial performance and growth prospects.
Upgrades and Downgrades
There are no recent upgrades or downgrades from analysts, as the company is not under analyst coverage.
Summary
In conclusion, IIOT OXYS INC is a small-cap technology company with a unique value proposition in the industrial internet applications space. While the company's financial performance is mixed, its focus on developing innovative products and services could lead to significant growth opportunities. With the increasing adoption of IoT technology, investors may want to consider taking a closer look at this company. However, it is essential to exercise caution due to the lack of analyst coverage and recommendations.
Disclosures
The information on this website should not be construed as or relied upon in any manner as investment, legal, tax, or other advice. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment. Any projections, estimates, forecasts, targets, prospects and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others. Any charts provided here or on other content distribution outlets are for informational purposes only, and should not be relied upon when making any investment decision. Under no circumstances should any information provided on this website or social media platforms be construed as an offer soliciting the purchase or sale of any security, nor should it be construed as an offer to provide investment advisory services.