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DXN Launches DCaaS and Eyes $10M Acquisition Amid Steady Revenue Growth
4:51am on Monday 2nd of June, 2025 AEST
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Technology
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DXN Launches DCaaS and Eyes $10M Acquisition Amid Steady Revenue Growth
4:51am on Monday 2nd of June, 2025 AEST
Key Points
Q3 FY25 revenue up 2% to $2.5 million, driven by East Micronesia Cable System projects
Launched Data Centre as a Service (DCaaS) division with $3.6 million initial contract
Converted $1 million of loan to equity, reducing debt and improving financial flexibility
Agreed to acquire freehold of SDC Darwin data centre valued at $10 million
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