Diginex Limited, a leading provider of Sustainability RegTech solutions, reported a 57% increase in revenues for the fiscal year ended March 31, 2025, reaching $2.0 million, up from $1.3 million in the prior year. This growth was primarily driven by an increase in software subscriptions and license fees, including a significant $0.9 million license fee from a non-exclusive distribution agreement for a white-label version of their diginexESG platform. Net loss for the year rose to $5.2 million, an increase of $0.3 million from the previous year's net loss of $4.9 million. The company successfully completed its Initial Public Offering in January 2025, which contributed to a transformed balance sheet showing net assets of $4.6 million as of March 31, 2025, compared to net liabilities of $23.0 million the previous year. Diginex also focused on enhancing its product offerings and signed strategic agreements with leading professional firms to boost future revenues and client acquisition.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.