Welcome to our dedicated page for Datasea news (Ticker: DTSS), a resource for investors and traders seeking the latest updates and insights on Datasea stock.
Datasea Inc. (DTSS) combines cutting-edge intelligent acoustics with 5G-AI digital solutions, serving enterprises and consumers through innovative technologies. This news hub provides investors and industry observers with essential updates about the company's strategic developments.
Access real-time announcements including product launches, financial results, and partnership agreements. Our curated collection features press releases about acoustic innovations in healthcare environments, advancements in cloud-based AI platforms, and expansion initiatives across global markets.
Key updates cover regulatory milestones, technology patents, and enterprise software deployments. Bookmark this page to monitor Datasea's progress in ultrasonic sterilization systems, multimodal data discovery tools, and government intelligence solutions.
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Datasea (NASDAQ: DTSS) reported strong Q2 2025 financial results with revenue reaching $20.5 million, up 81.4% year-over-year from $11.3 million. The growth was primarily driven by the expansion of its 5G+AI multimodal digital business in China and commercialization of acoustic high-tech products.
The company's gross profit improved to $0.4 million with a 2.0% margin, up from $0.1 million and 0.9% margin in the previous year. Intangible assets increased significantly by 647% to $4.08 million, while inventory grew 108.31% to $319,932.
The company secured new contracts worth approximately $30 million and was selected as a prospective strategic partner by China Mobile Internet. Datasea plans to expand globally, particularly in the U.S. market, through partnerships and M&A opportunities, focusing on scaling high-margin acoustic products and improving profitability.
Datasea (NASDAQ: DTSS) pre-announced its financial results for Q2 FY2025, ending December 31, 2024. The company reported projected revenue of $20.5 million, an 81% increase from $11.3 million in the same period last year. Gross profit is estimated at $0.41 million, showing a significant 310% increase from $0.1 million year-over-year.
The growth was primarily driven by the company's expanding 5G AI multimodal digital business and increased market penetration across China. The company has positioned its acoustic high-tech products in over 400 physical retail stores throughout China. Datasea's business strategy focuses on two main segments: acoustics high-tech and 5G+AI multimodal digital, both powered by core AI-driven technologies.
Datasea (NASDAQ: DTSS) has expanded its acoustic high-tech business through new agreements with 12 health management companies in Tianjin, China. These agreements will place Datasea's products in 200 additional beauty stores across Northern Chinese markets, expecting to generate sales of 120,000 units and revenue of $8.2 million by year-end 2025.
This expansion follows previous agreements with 263 beauty salons signed in December 2024, targeting 140,000 units and $11 million in revenue. The combined agreements now cover 463 stores with projected total sales of 260,000 units and revenue of $19 million by year-end 2025.
The product lineup includes acoustic sterilizers, sleep products, and 5G+AI Digital Service Systems for the beauty industry. The company forecasts full-year revenue of $90 million for its fiscal year ending June 30, 2025, and plans to expand to up to 10,000 beauty and body care locations across Northern China.
Datasea (NASDAQ: DTSS) has signed cooperation agreements with 14 beauty industry service companies to place its acoustic high-tech products in 263 beauty salons and body care stores across northern China. The agreements, signed on December 28, 2024, through subsidiary Guozhong Haoze, target sales of 140,000 acoustic high-tech products by year-end 2025, potentially generating revenue of $11 million.
The product lineup includes acoustic air sterilizers, sleep products, and a 5G AI Digital Service System specifically developed for the beauty industry. The company plans to expand its customer channel to 10,000 beauty and body care stores across Tianjin, Hebei, Beijing, and Inner Mongolia over the next 2-5 years. The system integrates 5G and AI technologies to enhance service workflows, enable precise customer need identification, and leverage big data analytics for targeted promotions.
Datasea (NASDAQ: DTSS) hosted a product promotion event '5G AI: Unlocking the Future with Sound' on November 23, 2024, showcasing its acoustic high-tech products. During the event, the company signed a strategic sales agreement with Qingrong Digital Chain Technology for up to 300,000 units of acoustic products. The five-year agreement is expected to generate approximately $20.8 million in annual sales. The event, attended by over 200 industry leaders and representatives, featured Datasea's acoustic air sterilizers and sleep aid products. The company also established strategic cooperation with the Tianjin Women Entrepreneurs Association to drive sales in North China.
Datasea (Nasdaq: DTSS) pre-announces expected revenue of $90.0 million for fiscal year 2025, representing a 275% increase from $24.0 million in fiscal 2024. The company has already achieved $31.7 million in revenue for the first four months of fiscal 2025, including $21.1 million in Q1 and $10.6 million in October 2024. Growth is primarily driven by strong performance in the 5G digital applications business, with additional contribution expected from their acoustic high-tech clean air products division.
Datasea (NASDAQ: DTSS) reported Q1 2025 revenue of $21.1 million, up 206% from $6.9 million in the same period last year, driven by growth in its 5G AI multimodal digital business segment in China. Current assets increased to $7.2 million from $2.6 million, with cash balance rising to $0.9 million from $0.2 million following a $2.25 million registered direct offering. The company's subsidiary was selected as a prospective partner by China Mobile Internet, and new 5G-AI agreements with an estimated potential value of $30 million over 12 months were secured. Additionally, the company received $4.0 million from a private placement in October 2024.
Datasea Inc. (NASDAQ: DTSS) has announced the closing of a $4.0 million private offering as of October 15, 2024. The company sold 1,932,224 shares of common stock at $2.06 per share to three investors, including its CEO and Director, who are also the company's two largest shareholders. The purchase price was equal to the closing price on September 26, 2024, when binding subscription agreements were signed. Investors have agreed to a 180-day holding period for the shares.
The funds raised will be used to support Datasea's future business operations, including:
- Investments in acoustic high-tech related products design upgrade
- Working capital for mass production and online sales
- Acquiring intellectual property
- Promotion and sales of 5G AI multimodal digital business products
CEO Zhixin Liu stated that the support from major shareholders enhances market confidence and will help accelerate the achievement of strategic goals.
Datasea Inc. (Nasdaq: DTSS) has pre-announced its estimated revenue for the first quarter of fiscal year 2025, ending September 30, 2024. The company expects revenue of approximately $22.7 million, representing a 230% increase year-over-year from $6.88 million in Q1 FY2024. This projected revenue nearly matches Datasea's full revenue for fiscal year 2024, which was about $23.98 million.
The significant revenue growth is primarily attributed to the rapid expansion of Datasea's 5G AI multimodal digital business in China. CEO Zhixin Liu highlighted the progress made in this segment, benefiting from major service contracts signed since August 2024. The company plans to maintain growth momentum through product diversification, expanding its key customer base, and advancing technology innovations.
Additionally, Datasea's acoustic high-tech business is gaining market recognition, with improved response to products aimed at creating healthier and safer living environments.
Datasea Inc. (NASDAQ: DTSS) reported significant financial growth for fiscal year 2024, with revenue increasing by 558.6% to $24.0 million, primarily due to the rapid expansion of its 5G AI multimodal digital business in China. The company's capital reserve balance increased by 61.3% to $39.0 million, while noncurrent liabilities decreased to zero.
Key highlights include:
- Technological advancements in 5G AI multimodal digital technology
- Expansion of acoustic product distribution in the U.S. market
- Partnerships with major clients and retailers
- Launch of new acoustic health products
CEO Zhixin Liu emphasized the company's commitment to technological innovation and global expansion strategies in both the 5G AI and acoustics businesses.
