• Revenue down 65.5% to $2.7 million
• Loss after tax of $3.47 million, up 145.1%
• Underlying EBITDA loss of $2.16 million

DXN Ltd, a vertically integrated manufacturer and operator of modular datacentres, reported a 65.5% decline in revenue to $2.7 million for the half-year ended 31 December 2025. The loss for the Group after providing for income tax amounted to $3,472,398, up 145.1% from the previous corresponding period. Approximately 50% of total revenue was recognised based on the stage of completion of projects within the Modular Division, with a substantial portion arising from progress achieved in the manufacturing of orders for GlobalStar and AP Telecom. The Group's Data Centre Operations division generated $1.3 million in revenue from operating data centres in Darwin and Hobart, while the new Data Centre as a Service (DCaaS) division contributed $0.08 million. Underlying EBITDA was a loss of $2,164,843 compared to a profit of $211,097 in the prior corresponding period. The Group continues to expand its operations in Southeast Asia, registering a subsidiary in Singapore and establishing a joint venture with Super Sistem Indonesia to capitalise on the growing Indonesian digital infrastructure market.

The Group continues to recognise that Southeast Asia represents a significant growth opportunity and is preparing to capitalise on future opportunities in the region, particularly in Indonesia and Malaysia.