Quarterly Activities/Appendix 4C Cash Flow Report
| Stock | DXN Ltd (DXN.ASX) |
|---|---|
| Release Time | 28 Jul 2025, 8:49 a.m. |
| Price Sensitive | Yes |
DXN Delivers 51% Revenue Growth in Q4 FY25
- Revenue of $5.8 million, up 51% on pcp
- Cash balance of $3.1 million as at 30 June 2025
- Signed $3.6 million Data Centre as a Service contract
DXN Limited, a prefabricated modular data centre specialist, is pleased to provide an operational and financial update for the quarter ending 30 June 2025 (the 'June Quarter' or 'Q4 FY25'). The company delivered Q4 FY25 revenue of $5.8 million, an increase of 51% on the previous corresponding period. DXN ended the quarter with a strong cash position of $3.1 million and achieved its revenue target of $16.0 million for FY25, a 48% increase on FY24. The company also ended FY25 with back-log orders of $12.0 million. During the quarter, DXN successfully finalised the $2.1 million acquisition of the SDC Darwin property, signed its first Data Centre as a Service (DCaaS) contract valued at $3.6 million, and secured a $2.0 million contract with DP World Australia and a $4.6 million contract with US telecom company Globalstar. The company also refinanced its debt on competitive terms via a $5.0 million loan facility with iPartners Pty Ltd. DXN enters FY26 with a robust order book and is well-positioned to capitalise on emerging opportunities in the prefabricated modular data centre space.
DXN achieved its revenue target of $16.0 million for FY25, a 48% increase on FY24.
DXN enters FY26 with $12.0 million in back log orders, providing a strong foundation for continued revenue growth and operational performance. The company is focused on growing its DCaaS division, rolling out new product initiatives, and expanding into new markets such as AI-enabled products and indoor prefabricated modular data centre builds for hyperscale data centres.