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DXN Ltd. ( (AU:DXN) ) has shared an announcement.
DXN Ltd. reported a 49% revenue growth to $16.0 million for FY25, driven by strong order intake in its modular division and strategic contract wins with blue-chip clients like Globalstar and DP World Australia. The company launched a new DCaaS division, secured a $6.5 million capital raise, and finalized a $2.1 million acquisition of SDC Darwin property. These developments, along with a robust $12.0 million order backlog and a pipeline of 71 potential projects, position DXN well for sustainable growth and improved profitability in the expanding data centre market.
The most recent analyst rating on (AU:DXN) stock is a Buy with a A$0.08 price target. To see the full list of analyst forecasts on DXN Ltd. stock, see the AU:DXN Stock Forecast page.
More about DXN Ltd.
DXN Ltd. is a specialist in prefabricated modular data centres, focusing on innovative, scalable, and cost-effective infrastructure solutions. The company operates in the data centre industry, with a market focus on edge computing, AI infrastructure, and subsea cable deployments. DXN has recently expanded its offerings to include Data Centre as a Service (DCaaS), targeting the Asia-Pacific region’s rapidly growing data centre sector.
Average Trading Volume: 470,144
Technical Sentiment Signal: Hold
Current Market Cap: A$18.82M
For an in-depth examination of DXN stock, go to TipRanks’ Overview page.