DXN Ltd. (AU:DXN) has released an update.
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DXN Ltd. has reported a robust financial turnaround, with a 63.5% revenue increase to $10.8 million and its first positive EBITDA of $644,000, thanks to strategic focus on modular data centers. The company’s operational success includes record-breaking orders, significant savings from exiting a Sydney data center, and continued revenue generation from its Darwin and Hobart facilities. DXN’s commitment to delivering scalable modular solutions positions it as a leader in a rapidly growing industry.
For further insights into AU:DXN stock, check out TipRanks’ Stock Analysis page.