DigitalX Limited ( (AU:DCC) ) just unveiled an announcement.
DigitalX Limited has reported a 36.3% increase in revenues and a 3% reduction in operational expenses for the half-year ending December 31, 2024, resulting in a reduced operating loss of $2.4 million compared to the previous year. The company continues to focus on narrowing its deficit and achieving a cashflow positive position, with ongoing revenue increases attributed to its staking activities.
More about DigitalX Limited
DigitalX Limited is a technology and investment company focused on expanding the blockchain economy through digital asset funds management, fintech and regtech products, and blockchain ventures. It offers low-cost asset management products for investors interested in digital assets, including Bitcoin, and launched a spot Bitcoin ETF on the ASX. Additionally, DigitalX is commercializing Drawbridge, a regtech solution for managing compliance and corporate governance policies.
YTD Price Performance: 40.0%
Average Trading Volume: 57,474
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $35.92M
For a thorough assessment of DCC stock, go to TipRanks’ Stock Analysis page.