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DigitalX Limited Reports Revenue Growth Despite Continued Losses

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DigitalX Limited Reports Revenue Growth Despite Continued Losses

An update from DigitalX Limited ( (AU:DCC) ) is now available.

DigitalX Limited reported a 36.3% increase in revenues from ordinary activities for the half-year ended 31 December 2024, reaching $1,741,521. Despite the revenue growth, the company experienced a loss of $2,441,691, which is a 4.4% improvement compared to the previous period. The net tangible assets per ordinary security also increased from 4.03 cents to 5.37 cents, indicating a stronger asset position. No dividends were declared during the period, and the financial statements were reviewed by auditors without any noted disputes or qualifications.

More about DigitalX Limited

DigitalX Limited operates in the blockchain and cryptocurrency industry, offering products and services such as the DigitalX Fund Unit Trust, DigitalX BTC Fund Unit Trust, and DigitalX Asset Reference Token Fund. The company focuses on leveraging blockchain technology for financial services and investment management.

YTD Price Performance: 40.0%

Average Trading Volume: 57,474

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $37.92M

For detailed information about DCC stock, go to TipRanks’ Stock Analysis page.

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