Quarterly ResultAug 12, 2026, 04:33 PM
Datacentrex Q2 Revenue +96% to $4.09M; Net Loss Widens to $11.62M
AI Summary
Datacentrex reported a significant increase in revenue for the six months ended June 30, 2026, reaching $4.09 million, up 96% year-over-year. However, the company's net loss widened substantially to $11.62 million, compared to a $1.84 million loss in the prior year, primarily due to a 214% surge in cost of revenue, a 283% increase in operating expenses, and a $2.48 million net unrealized and realized loss on digital assets. The company's cash and cash equivalents increased to $51.88 million, boosted by $17.90 million from a public offering.
Key Highlights
- Revenue for six months ended June 30, 2026, increased 96% to $4.09 million.
- Net loss widened to $11.62 million for six months, from $1.84 million in 2025.
- Basic and diluted net loss per share was $(0.32) for the six-month period.
- Cost of revenue surged 214% to $3.37 million for the six months.
- Operating expenses increased 283% to $10.53 million for the six months.
- Net unrealized and realized loss on digital assets was $2.48 million.
- Cash and cash equivalents rose to $51.88 million as of June 30, 2026.
- Public offering generated $17.90 million in financing activities.
Price Impact
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