DigiAsia ( (FAAS) ) has provided an announcement.
On April 1, 2025, DigiAsia Corp. reported strong financial results for 2023 and 2024, with a positive outlook for 2025. The company achieved $74 million in revenue for FY2023 and $101 million for FY2024, despite small EBITDA losses due to one-time costs. For 2025, DigiAsia projects a 24% revenue increase to $125 million with a positive EBITDA of $12 million. The company’s growth is driven by its core fintech products and a broad customer base, with new strategic initiatives in cross-border payments and AI fintech datacenter deployments expected to enhance future profitability.
More about DigiAsia
DigiAsia Corp. is a leading Fintech as a Service (FaaS) ecosystem provider in Indonesia, offering end-to-end white label fintech solutions across payments, banking, and lending. The company operates a B2B2X business model and serves over 70 of Indonesia’s leading enterprises, including major telcos, banks, and retail stores. DigiAsia’s ecosystem includes a large base of 1.2 million merchants, facilitating digital commerce processes and connecting various stakeholders in the value chain.
YTD Price Performance: -72.61%
Average Trading Volume: 347,966
Technical Sentiment Signal: Buy
Current Market Cap: $15.29M
See more insights into FAAS stock on TipRanks’ Stock Analysis page.