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Datasea Pre-announces Estimated First Quarter 2025 Fiscal Year Revenue of approximately $22.7 Million, Up 230% Year-Over-Year

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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) ha preannunciato il suo fatturato stimato per il primo trimestre dell'anno fiscale 2025, che si concluderà il 30 settembre 2024. L'azienda prevede un fatturato di circa $22,7 milioni, con un aumento del 230% rispetto all'anno precedente, rispetto ai $6,88 milioni del Q1 FY2024. Questo fatturato previsto è quasi pari al fatturato totale di Datasea per l'anno fiscale 2024, che è stato di circa $23,98 milioni.

La significativa crescita del fatturato è principalmente attribuita all'espansione rapida del business digitale multimodale 5G AI di Datasea in Cina. Il CEO Zhixin Liu ha messo in evidenza i progressi ottenuti in questo segmento, beneficiando di importanti contratti di servizio firmati a partire da agosto 2024. L'azienda prevede di mantenere il slancio di crescita attraverso la diversificazione dei prodotti, l'espansione della sua base clienti chiave e il progresso delle innovazioni tecnologiche.

Inoltre, il business acustico ad alta tecnologia di Datasea sta guadagnando riconoscimento sul mercato, con un miglioramento della risposta ai prodotti destinati a creare ambienti di vita più sani e sicuri.

Datasea Inc. (Nasdaq: DTSS) ha preanunciado sus ingresos estimados para el primer trimestre del año fiscal 2025, que finaliza el 30 de septiembre de 2024. La compañía espera ingresos de aproximadamente $22.7 millones, lo que representa un incremento del 230% interanual en comparación con $6.88 millones en el Q1 FY2024. Este ingreso proyectado casi iguala los ingresos totales de Datasea para el año fiscal 2024, que fueron de aproximadamente $23.98 millones.

El crecimiento significativo de los ingresos se atribuye principalmente a la rápida expansión del negocio digital multimodal 5G AI de Datasea en China. El CEO Zhixin Liu destacó los avances logrados en este segmento, beneficiándose de importantes contratos de servicio firmados desde agosto de 2024. La compañía planea mantener el impulso de crecimiento a través de la diversificación de productos, la ampliación de su base de clientes clave y el avance de las innovaciones tecnológicas.

Además, el negocio de alta tecnología acústica de Datasea está ganando reconocimiento en el mercado, con una mejor respuesta a los productos destinados a crear entornos de vida más saludables y seguros.

Datasea Inc. (Nasdaq: DTSS)는 2025 회계 연도 첫 분기에 대한 예상 수익을 미리 발표했습니다. 이는 2024년 9월 30일에 종료됩니다. 회사는 약 $22.7 백만의 수익을 예상하고 있으며, 이는 2024 회계 연도 첫 분기 $6.88 백만에 비해 230% 증가한 것입니다. 이 예상 수익은 Datasea의 2024 회계 연도 총 수익인 약 $23.98 백만과 거의 일치합니다.

이러한 큰 수익 성장은 주로 Datasea의 5G AI 다중 모드 디지털 비즈니스의 빠른 확장 덕분입니다. CEO Zhixin Liu는 2024년 8월 이후 체결된 주요 서비스 계약을 통해 이 분야에서 달성한 진전을 강조했습니다. 회사는 제품 다각화, 주요 고객 기반 확대 및 기술 혁신의 발전을 통해 성장 모멘텀을 유지할 계획입니다.

또한, Datasea의 고급 기술 음향 비즈니스는 건강하고 안전한 생활 환경을 조성하는 제품에 대한 반응이 개선되면서 시장에서 인정을 받고 있습니다.

Datasea Inc. (Nasdaq: DTSS) a préannoncé ses revenus estimés pour le premier trimestre de l'exercice 2025, qui se terminera le 30 septembre 2024. L'entreprise prévoit des revenus d'environ $22,7 millions, représentant une augmentation de 230% par rapport à l'année précédente, par rapport à $6,88 millions au premier trimestre de l'exercice 2024. Ce revenu projeté se rapproche presque des revenus totaux de Datasea pour l'exercice 2024, qui étaient d'environ $23,98 millions.

La croissance significative des revenus est principalement attribuée à l'expansion rapide du secteur numérique multimodal 5G AI de Datasea en Chine. Le PDG Zhixin Liu a souligné les progrès réalisés dans ce segment, bénéficiant de contrats de service majeurs signés depuis août 2024. L'entreprise prévoit de maintenir cet élan de croissance par la diversification des produits, l'élargissement de sa clientèle clé et l'avancement des innovations technologiques.

De plus, le secteur audio high-tech de Datasea reconnaît de plus en plus sa valeur sur le marché, avec une meilleure réponse aux produits visant à créer des environnements de vie plus sains et plus sûrs.

Datasea Inc. (Nasdaq: DTSS) hat seine geschätzten Einnahmen für das erste Quartal des Geschäftsjahres 2025, das am 30. September 2024 endet, vorab angekündigt. Das Unternehmen erwartet Einnahmen von etwa $22,7 Millionen, was einem 230% Anstieg im Vergleich zu $6,88 Millionen im Q1 FY2024 entspricht. Diese prognostizierten Einnahmen nähern sich fast den Gesamteinnahmen von Datasea für das Geschäftsjahr 2024, das etwa $23,98 Millionen betrug.

Das signifikante Umsatzwachstum wird hauptsächlich der schnellen Expansion von Dataseas 5G AI multimodalen Digitalgeschäft in China zugeschrieben. CEO Zhixin Liu hob die Fortschritte in diesem Bereich hervor und profitiert von bedeutenden Dienstleistungsverträgen, die seit August 2024 unterzeichnet wurden. Das Unternehmen plant, das Wachstum durch Produktdiversifizierung, Erweiterung der Kundenbasis und technologische Innovationen aufrechtzuerhalten.

Zusätzlich gewinnt Dataseas akustisches Hochtechnologiegeschäft an Marktanerkennung, da die Reaktion auf Produkte, die darauf abzielen, gesündere und sicherere Lebensumgebungen zu schaffen, sich verbessert hat.

Positive
  • Estimated Q1 FY2025 revenue of $22.7 million, up 230% year-over-year
  • Q1 FY2025 revenue nearly matches full FY2024 revenue
  • Rapid expansion of 5G AI multimodal digital business in China
  • Significant service contracts signed with major clients since August 2024
  • Acoustic high-tech business gaining market recognition
Negative
  • None.

Insights

Datasea's pre-announcement of Q1 FY2025 revenue is remarkably positive, showing a 230% year-over-year increase to approximately $22.7 million. This surge nearly matches their entire FY2024 revenue of $23.98 million, indicating explosive growth. The primary driver is their 5G AI multimodal digital business in China, suggesting successful market penetration and strong demand for their services. With a current market cap of only $11.68 million, this revenue projection implies a potential significant undervaluation of DTSS stock. The company's focus on product diversification, expanding key customer base and technology innovations bodes well for sustained growth. However, investors should note that pre-announced figures are estimates and await official financial reports for confirmation. The acoustic high-tech business segment also shows promise, potentially diversifying revenue streams. Overall, this pre-announcement signals a potentially transformative period for Datasea, warranting close investor attention.

Datasea's focus on 5G AI multimodal digital technologies and acoustics high-tech positions them at the forefront of emerging tech trends. The 230% revenue growth suggests their innovations are gaining significant market traction. Multimodal AI, which integrates various data types and sensory inputs, is a cutting-edge field with applications across industries. This aligns well with China's aggressive 5G rollout and digital transformation initiatives. The mention of "significant service contracts" indicates B2B success, potentially leading to long-term, stable revenue streams. Their acoustic high-tech business, while less prominent in the announcement, could offer unique synergies with their digital technologies, especially in IoT and smart environment applications. The emphasis on technology innovation suggests ongoing R&D investments, which is important in maintaining a competitive edge in the fast-evolving tech landscape. However, rapid growth often brings challenges in scaling operations and maintaining quality, which investors should monitor.

BEIJING, Oct. 10, 2024 /PRNewswire/ -- Datasea Inc. (Nasdaq: DTSS) ("Datasea" or the "Company"), a Nevada-registered digital technology company focused on innovations in acoustics high-tech and 5G AI multimodal digital technologies, today pre-announced that its revenue for the first quarter of fiscal year 2025, ending September 30, 2024, is expected to be approximately $22.7 million. This represents an increase of approximately $15.8 million, or 230%, compared to $6.88 million in revenue for the first quarter of fiscal year 2024. The projected revenue almost matches the Company's full revenue for fiscal year 2024, which was approximately $23.98 million. The strong revenue growth is primarily attributable to the rapid expansion of Datasea's 5G AI multimodal digital business in China.

Datasea's CEO, Ms. Zhixin Liu, commented: "Our 5G AI multimodal digital business continued to make progress in the first quarter, benefiting from the significant service contracts signed with several major clients since August 2024. We expect this business segment to maintain its growth momentum, with significant advances in both technology innovation and geographic expansion. We plan to continue expanding our market share moving forward by focusing on product diversification, expanding our key customer base, and advancing technology innovations." She further added: "We are also pleased to see our acoustic high-tech business gaining market recognition. Our products, aimed at creating healthier and safer living environments, are seeing improved market response as we implement our marketing and sales strategies."

About Datasea Inc.

Datasea Inc. ("Datasea") is a leading provider of products, services, and solutions for enterprise and retail customers in two innovative industries, acoustic high tech and 5G-AI multimodal digitalization. The Company's advanced R&D technology serves as the core infrastructure and backbone for its products. Its 5G multimodal digital segment operates on a cloud platform based on AI. Datasea leverages cutting-edge technologies, precision manufacturing, and ultrasonic, infrasound and directional sound technology in its acoustics business to combat viruses and prevent human infections, and it is also developing applications in medical ultrasonic cosmetology. In July 2023, Datasea established a wholly-owned subsidiary, Datasea Acoustics LLC, in Delaware, in a strategic move to enter the U.S. markets and to mark its global expansion plan. For additional information, please visit www.dataseainc.com.

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934 and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will", "expects", "anticipates", "future", "intends", "plans", "believes", "estimates", "target", "going forward", "outlook," "objective" and similar terms. Such statements are based upon management's current expectations and current market and operating conditions, and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and which are beyond Datasea's control, which may cause Datasea's actual results, performance or achievements (including the RMB/USD value of its anticipated benefit to Datasea as described herein) to differ materially and in an adverse manner from anticipated results contained or implied in the forward-looking statements. Further information regarding these and other risks, uncertainties or factors is included in Datasea's filings with the SEC, which are available at www.sec.gov. Datasea does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under law.

Investor and Media Contact: 

Datasea Investor Relations
Email:  investorrelations@shuhaixinxi.com
            sunhezhi@shuhaixinxi.com 

Cision View original content:https://www.prnewswire.com/news-releases/datasea-pre-announces-estimated-first-quarter-2025-fiscal-year-revenue-of-approximately-22-7-million-up-230-year-over-year-302272898.html

SOURCE Datasea Inc.

FAQ

What is Datasea's estimated revenue for Q1 FY2025?

Datasea (DTSS) estimates its revenue for Q1 FY2025, ending September 30, 2024, to be approximately $22.7 million.

How much did Datasea's revenue grow compared to Q1 FY2024?

Datasea's estimated Q1 FY2025 revenue of $22.7 million represents a 230% increase compared to $6.88 million in Q1 FY2024.

What is driving Datasea's revenue growth?

The strong revenue growth is primarily attributable to the rapid expansion of Datasea's 5G AI multimodal digital business in China.

How does Datasea plan to maintain its growth momentum?

Datasea plans to maintain growth momentum by focusing on product diversification, expanding its key customer base, and advancing technology innovations.

What other business segment is showing improvement for Datasea (DTSS)?

Datasea's acoustic high-tech business is gaining market recognition, with improved market response to products aimed at creating healthier and safer living environments.

Datasea Inc.

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