Datasea sees Q2 revenue ~$20.5M vs. $11.3M last year

Datasea (DTSS) pre-announced that its revenue for the second quarter of fiscal year 2025, ended December 31, 2024, is expected to be approximately $20.5M, representing an 81% increase compared to $11.3M for the same year-ago period. Gross profit for the second quarter is estimated to be $0.41M, a 310% increase from $0.1M for the same year-ago period. The expected second quarter increase of these two key income statement metrics was driven by the continued high growth of the company’s 5G AI multimodal digital business and its increased market penetration across China.