DTSS

Datasea's Financial Performance: Datasea reported Q2 revenue of $20.5 million, a significant increase from $11.3 million the previous year, attributed to the expansion of their 5G+AI multimodal digital business and high-margin acoustic products.

Strategic Partnerships: The company has entered agreements to place acoustic high-tech products in 200 stores and signed cooperation agreements with 14 companies in the beauty industry, indicating a focus on growth and innovation.

Financial Performance: Datasea Inc. reported an expected revenue of $20.5 million for Q2 2025, marking an 81% increase year-over-year, along with a gross profit projected to rise by 310% to $0.41 million due to growth in its 5G AI multimodal digital business.

Business Strategy: The company's CEO highlighted the focus on 5G + AI multimodal solutions and strategic placement of acoustic high-tech products in over 400 retail stores across China as key drivers for their financial success and long-term shareholder value.

Financial Performance: Datasea Inc. reported preliminary financial results for Q2 FY2025, expecting revenue of approximately $20.5 million, an 81% increase from $11.3 million in the same quarter last year, driven by growth in its 5G+AI digital business and market expansion in China.

Market Strategy: The company has strategically placed acoustic high-tech products in over 400 retail stores across China, which is anticipated to enhance future financial performance.

Datasea's Revenue Growth: Datasea (DTSS) anticipates a revenue of approximately $20.5M for Q2 FY2025, marking an 81% increase from the previous year, driven by growth in its 5G AI multimodal digital business and market expansion in China.

Gross Profit Increase: The company's gross profit for the same quarter is expected to reach $0.41M, reflecting a significant 310% rise compared to the prior year's $0.1M.

Expansion of Product Placement: Datasea Inc. has signed new agreements to place its acoustic high-tech products in an additional 200 beauty stores across Northern China, aiming for projected sales of 120,000 units and approximately $8.2 million in revenue by the end of 2025.

Growth Strategy and Market Confidence: The company plans to expand its reach to up to 10,000 beauty and body care locations in the coming years while leveraging its 5G+AI Digital System to enhance customer service and optimize operations, reflecting strong market acceptance of its innovative products.

New Agreements and Revenue Projections: Datasea Inc. has signed cooperation agreements with 14 beauty industry companies to sell approximately 140,000 acoustic high-tech products by the end of 2025, potentially generating $11 million in revenue.

Expansion Plans and Technological Integration: The company aims to enhance its market presence in northern China by providing a 5G AI Digital Beauty System to partnered stores, improving customer service and expanding its retail network to up to 10,000 beauty and body care locations over the next few years.

Strategic Sales Agreement: Datasea Inc. has signed a five-year strategic sales agreement with Qingrong Digital Chain Technology Co., Ltd. to sell up to 300,000 units of its acoustic high-tech products annually, potentially generating approximately $20.8 million in sales each year.

Successful Promotion Event: The company hosted a successful product promotion event titled "5G AI: Unlocking the Future with Sound," attended by over 200 industry leaders, showcasing innovations in acoustic technology and emphasizing collaboration with women entrepreneurs in Tianjin.

Revenue Expectations: Datasea Inc. anticipates a revenue of approximately $90 million for fiscal year 2025, marking a significant increase of 275% from $24 million in fiscal year 2024.

Growth Drivers: The expected revenue growth is attributed to strong performance in the 5G digital applications sector, supported by large contracts and geographical expansion efforts.

Revenue Forecast: Datasea Inc. anticipates a revenue of approximately $90 million for fiscal year 2025, marking a significant increase of 275% from the previous year's revenue of $24 million.

Business Growth Drivers: The expected revenue growth is attributed to strong performance in their 5G digital applications segment, supported by large contracts and plans for geographic expansion and vertical penetration.

Revenue Growth Announcement: Datasea Inc. expects its revenue for the fiscal year ending June 30, 2025, to reach approximately $90 million, marking a significant increase of 275% from $24 million in fiscal year 2024, driven by strong performance in its 5G digital applications business.

Business Expansion and Strategy: The company is also making progress in its acoustic high-tech segment, focusing on clean air products, and aims to leverage AI-driven technologies to create long-term shareholder value while expanding into U.S. markets through its subsidiary, Datasea Acoustics LLC.

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Financial Performance: Datasea Inc. reported a significant revenue increase of 206% year-over-year, reaching $21.1 million for the first fiscal quarter ended September 30, 2024, primarily driven by its 5G AI multimodal digital business in China.

Business Developments: The company has formed new agreements worth approximately $30 million for 5G-AI services and is pursuing partnerships with major players like China Mobile Internet, while also expanding its acoustics business through innovative product development and marketing strategies.

Regulation S Offering Closed: Datasea Inc. has successfully closed a Regulation S offering, selling 1,932,224 shares of common stock at $2.06 per share to three investors, including major shareholders and management, raising approximately $4 million for future business operations.

Company Overview and Future Plans: Datasea focuses on innovative high-tech acoustics and 5G AI multimodal digital technology, with plans to use the raised funds for product design upgrades, mass production, intellectual property acquisition, and promoting its digital business products.

Regulation S Offering Closed: Datasea Inc. has successfully closed a Regulation S offering, selling 1,932,224 shares of common stock at $2.06 per share to three investors, including major shareholders and management, raising approximately $4 million for future business operations.

Company Overview and Future Plans: Datasea focuses on innovative high-tech acoustics and 5G AI multimodal digital technology, with plans to use the raised funds for product design upgrades, mass production, intellectual property acquisition, and promoting its digital business products.

Revenue Growth: Datasea Inc. anticipates a revenue of approximately $22.7 million for Q1 FY 2025, marking a 230% increase from $6.88 million in the same quarter last year.

Business Expansion: The growth is driven by the expansion of its 5G AI multimodal digital business in China, supported by significant service contracts with major clients.

Revenue Growth Announcement: Datasea Inc. expects its revenue for Q1 of fiscal year 2025 to be approximately $22.7 million, marking a 230% increase from $6.88 million in the same quarter last year, driven by the expansion of its 5G AI multimodal digital business in China.

CEO's Insights on Business Expansion: CEO Ms. Zhixin Liu highlighted the company's progress in securing major service contracts and emphasized plans for continued growth through product diversification, customer base expansion, and technological innovations, while also noting positive market recognition for their acoustic high-tech products.

Financial Performance: Datasea, Inc. reported a net loss of $11.38 million for the full-year 2024, an increase from a loss of $9.37 million in the previous year.

Revenue Growth: The company's revenues surged to $23.98 million for the quarter, up from $3.64 million last year, driven by the expansion of its 5G AI multimodal digital business in China.

Financial Performance: Datasea Inc. reported a significant revenue increase of approximately 558.6% for the fiscal year ending June 30, 2024, reaching around $24 million, driven by the expansion of its 5G AI multimodal digital business in China and effective customer acquisition strategies.

Strategic Initiatives: The company is focusing on technological innovation in both its 5G AI and acoustics businesses, including partnerships with U.S. retailers to enhance market presence and the development of new products aimed at various industries, while maintaining a strong competitive edge in the rapidly growing 5G market.

Tech Stock Performance: Tech stocks showed mixed results with the Technology Select Sector SPDR Fund down 0.3% while the SPDR S&P Semiconductor ETF rose by 0.2%. Notable movements included a 2.7% drop in Electronic Arts shares after announcing no Sims 5 game, and a 24% surge in Datasea shares due to a new 5G AI service agreement.

Corporate Developments: Intel's shares increased by 2.4% following plans to create an independent manufacturing subsidiary and expand its partnership with Amazon for custom AI chips. Hewlett Packard Enterprise saw a 5.5% rise after being upgraded by BofA Securities.

Agreements Enhance Revenue and Market Position: Datasea Inc. has signed agreements with Qingdao Ruizhi Yixing to provide advanced 5G-AI multimodal services, which are expected to generate approximately $30 million in revenue over the next year, significantly boosting fiscal 2025 performance.

Growing Demand for 5G Services: The collaboration highlights the increasing demand for 5G application services in China, as Datasea aims to solidify its position as a leading provider of innovative digital solutions in the market.