Digi Power X Inc. Full Year Loss Narrows

(RTTNews) - Digi Power X Inc. (DGX.V) reported Loss for full year of -$6.798 million

The company's earnings totaled -$6.798 million, or -$0.22 per share. This compares with -$21.885 million, or -$0.77 per share, last year.

The company's revenue for the period rose 41.8% to $37 million from $26.1 million last year.

Digi Power X Inc. earnings at a glance (GAAP) :

-Earnings: -$6.798 Mln. vs. -$21.885 Mln. last year. -EPS: -$0.22 vs. -$0.77 last year. -Revenue: $37 Mln vs. $26.1 Mln last year.

Looking ahead, Digi Power said: “Assuming Bitcoin prices remain at current levels or rise further, the company expects that its revenues will continue to grow in 2025. Digi Power X anticipates bringing additional power online during 2025. The Company is actively pivoting into Tier 3 AI data centers through the creation of its U.S. Data Center subsidiary, a move expected to generate significant shareholder value through 2025 and into 2026.”

Digi Power was up by 13.55 percent at $1.215 in the pre-market trade on the Nasdaq.