DXN Ltd. (AU:DXN) has released an update.
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DXN Ltd., a specialist in prefabricated modular data centers, reported $3 million in revenue for Q1 2025, bolstered by new contracts and a renewed agreement with Tasmanet Pty Ltd. Despite a negative operating cash flow of $130k, the company is poised for growth after completing a $6.5 million capital raise. DXN aims to expand geographically and enhance solutions for high-density AI workloads.
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