Datasea Inc. Reports Fiscal 2025 Revenue Up 199% to $71.62 Million; Net Loss Narrows 68% to $5.09 Million, Achieves Q4 Net Income Breakeven (Adjusted)

Reuters
Sep 26
Datasea Inc. Reports Fiscal 2025 Revenue Up 199% to $71.62 Million; Net Loss Narrows 68% to $5.09 Million, Achieves Q4 Net Income Breakeven (Adjusted)

Datasea Inc. reported record revenue of $71.62 million for the fiscal year ended June 30, 2025, an increase of 198.7% from $23.97 million in fiscal year 2024. Gross profit reached $2.44 million, up 415.5% from $0.47 million in the previous year, with the improvement attributed primarily to higher-margin solutions in the company's core businesses. The company achieved net income breakeven in the fourth quarter of fiscal 2025, as adjusted for non-cash amortization and depreciation. For the full fiscal year, Datasea recorded a net loss of $5.09 million, compared to a net loss of $15.7 million in fiscal year 2024, marking a year-over-year decrease of 67.6%. The company's AI multimodal digitalization segment continued to expand through long-term customer contracts, and the Acoustic + AI Solutions business recorded progress in delivering comprehensive solutions. Intangible assets at June 30, 2025, were $3.50 million, up 540.3% from $0.55 million in the prior year, mainly due to growth in the value of core intellectual property, including patents. Management indicated that the results reflect marketplace recognition and that the company has established a foundation for long-term growth and shareholder value. Datasea stated that ongoing commercialization updates are expected in the coming weeks.

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