DXN Ltd. ( (AU:DXN) ) has shared an update.
DXN Limited reported a significant 70.8% increase in revenue for the half-year ending December 31, 2024, totaling $7,758,285. Despite this growth, the company faced a loss after tax of $1,416,774, an increase of 69.0% from the previous year, due to the expiration of a key agreement which impacted gross profit. The company’s EBITDA showed a loss of $245,522, highlighting challenges in its operational performance. No dividends were declared, and the financial statements revealed a material uncertainty related to the company’s ability to continue as a going concern.
More about DXN Ltd.
DXN Limited operates in the data center industry, providing modular data center solutions. The company focuses on offering flexible, scalable, and efficient data center infrastructure to meet the growing demands of digital transformation and cloud-based services.
YTD Price Performance: -28.33%
Average Trading Volume: 340,074
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: A$12.09M
For a thorough assessment of DXN stock, go to TipRanks’ Stock Analysis page.