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DXN Ltd. ( (AU:DXN) ) has shared an announcement.
DXN Limited reported a significant 70.8% revenue increase in the first half of FY25, reaching $7.8 million, driven by a surge in modular division projects and the launch of a new HPC AI Module. Despite a decrease in gross profit due to the expiration of high-margin Flow agreements, the company remains optimistic about achieving its full-year revenue guidance of $16.0 million, supported by strategic hires and balance sheet strengthening initiatives.
More about DXN Ltd.
DXN Limited is a specialist in prefabricated modular data centers, providing in-house design, engineering, and manufacturing services. The company focuses on the modular data center market, aiming to capture growth opportunities and meet the rising demand for AI infrastructure.
YTD Price Performance: -28.33%
Average Trading Volume: 340,074
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: A$12.09M
Find detailed analytics on DXN stock on TipRanks’ Stock Analysis page.