DTSS

Gross Profit Increased 284.4% Year-over-Year and Gross Margin Increases 730 Basis Points to 8.8% BEIJING, Feb. 12, 2026 /PRNewswire/ -- Datasea Inc. (Nasdaq: DTSS) ("Datasea" or the "Company"), a Nevada-based technology enterprise engaged in acoustic technologies and 5G+AI multimodal digitalization, today announced its unaudited financial results for the second fiscal quarter and the six months ended December 31, 2025. Additional details will be available in the Company's Quarterly Report on Form 10-Q as filed with the SEC. Six Month Fiscal 2026 Highlights for the Period Ended December 31, 2025 Revenue: Approximately $26.81 million compared with $41.54 million for the same period last year, representing a decrease of $14.73 million, or 35.46%. This was primarily due to the Company's successful execution of its strategic plan to reduce its low-margin standardized services and optimize its revenue mix toward high-value, technology-driven business lines. Gross Profit: $2.36 million, compared with $0.61 million in the same period last year, representing an increase of $1.75 million, or 284.4% year-over-year. This was driven by improved cost efficiencies and the Company's leadership in delivering innovative value-added 5G+AI multimodal solutions. Gross Margin: 8.8%, compared with 1.5% in the same period last year, primarily as a result of an optimized revenue mix from high margin value-added 5G+AI multimodal solution. Management Commentary Ms. Zhixin Liu, Chief Executive Officer of Datasea, commented, "The first half of fiscal 2026 reflects our continued execution of a strategic shift away from top-line growth toward higher-quality revenue and improved profitability. While revenue declined year-over-year as a result of our deliberate reduction of low-margin standardized services, both gross profit and gross margin expanded meaningfully, underscoring the effectiveness of our technology-driven, higher-value business mix." "We continued to advance our 5G+AI multimodal digitalization business with a strategic focus on higher-margin, customized solutions and a more selective customer mix. Through ongoing optimization of our product and service structure, we believe this business segment will remain a key contributor to revenue stability and profitability going forward." "At the same time, we are advancing our acoustic high-tech initiatives designed to extend our techn...

Gross Profit Increased 278% Year-over-Year with Significant Improvement in Gross Margin BEIJING, Jan. 21, 2026 /PRNewswire/ -- Datasea Inc. (NASDAQ: DTSS) ("Datasea" or the "Company"), a Nevada-based technology company specializing in acoustic high-tech solutions and 5G+AI multimodal digitalization, today pre-announced its unaudited financial results for the second quarter of fiscal year 2026, ended December 31, 2025. The financial highlights below are presented on a six-month basis for the period ended December 31, 2025. Fiscal Year 2026 Second Quarter Financial Highlights (Unaudited, Six Months Ended December 31, 2025) Revenue for the six months ended December 31, 2025 is expected to be approximately $26.68 million. Gross profit is expected to be approximately $2.32 million, representing an increase of approximately 278% year-over-year compared to the same period of fiscal year 2025. Gross margin is expected to be approximately 8.70%, a significant improvement from 1.48% in the prior-year period. Strategic and Operational Review The Company's performance during the first six months of fiscal year 2026 reflects the continued execution of its strategic transition toward profitability optimization and technology-driven value creation, moving away from a growth model primarily focused on revenue scale. During the period, the Company achieved a substantial improvement in gross profit and gross margin through the following initiatives: A deliberate reduction of standardized, low-margin 5G AI communication services; An increased contribution from high-margin 5G+AI customized solutions; Continued advancement and application of the Company's acoustic high-tech products and integrated solutions; and Ongoing enhancement of cost controls and operational efficiency. Management Commentary Ms. Zhixin Liu, Chief Executive Officer of Datasea, commented: "The six-month period ended December 31, 2025 represents an important milestone in the Company's strategic transformation. While we intentionally moderated the pace of revenue expansion, our gross profit increased by 278% year-over-year and gross margin expanded to 8.7%, underscoring the effectiveness of our shift toward high-value, technology-driven businesses. We believe that the significant improvement in profit quality helps support the Company's long-term sustainable development strategy. In line with this objective, w...

Gross Margin Rose to 8.5% through High-Tech Products Mix and Cost Efficiencies BEIJING, Nov. 13, 2025 /PRNewswire/ -- Datasea Inc. (Nasdaq: DTSS) ("Datasea" or the "Company"), a Nevada-based high-tech enterprise engaged in acoustic technologies and AI multimodal digitalization, today announces its unaudited financial results for its first fiscal quarter ended September 30, 2025. Additional information will also be set forth in our Quarterly Report on Form 10-Q for the quarter ended September 30, 2025. First Quarter Fiscal 2026 Highlights Revenue: $13.81 million as compared to $21.08 million for the first quarter of 2025, a decrease of 34.5%, due to the Company's strategic optimization of its high technology business and a reduction of its low margin operations. Gross Profit: $1.17 million as compared to $0.02 million, an increase of 5.9x as compared to the first quarter of 2025, reflecting cost rationalization and operational efficiencies, and a strategic focus on bottom line profitability, driven by high-tech product expansion. Gross Margin: 8.46% as compared to 0.93% for the first quarter of 2025, an improvement of 753 basis points, attributable to a higher contribution from high-margin 5G+AI multimodal digital solutions and acoustic technology products. Management Commentary Ms. Zhixin Liu, Chief Executive Officer of Datasea, commented, "The first quarter of fiscal 2026 marks a strategic transition for Datasea as we pivot from scale expansion to profitability optimization. Our revenue decreased due to our plan to deliberately restructure our revenue mix toward technology-driven, high value-added businesses, and implement a reduction in standardized low margin 5G AI multimodal top up services. As a result, our gross margin rose sharply to 8.46%, reflecting the success of this structural transformation and the growing contribution from our high-margin AI multimodal and acoustic technology solutions. For example, during the quarter, Shuhai Beijing provided customized 5G+AI multimodal digital services for Yuxiang Zhiyang (Tianjin) Innovation Technology Co., Ltd. and several other clients, focusing on Douyin live-streaming and smart home marketing scenarios, generating total revenue of approximately RMB 6.53 million (around USD0.92 million). Such high-margin, technology-driven solutions have proven the effectiveness of our strategic shift and further enhanced...

DTSS Achieves Fourth Quarter Net Income Breakeven Driven by Cutting-Edge Acoustics and AI Multimodal Digitalization; Ongoing Commercialization Updates in the Coming Weeks BEIJING, Sept. 26, 2025 /PRNewswire/ -- Datasea Inc. (NASDAQ: DTSS) ("Datasea" or the "Company"), a Nevada-based high-tech enterprise engaged in acoustic high-tech products and services and AI multimodal digitalization, today announced its financial results for the fiscal year ended June 30, 2025. The Company reported record revenue of $71.62 million, an increase of 198.7% from $23.97 million in fiscal year 2024. Gross profit reached $2.44 million, up 415.5% from $0.47 million year-over-year. In the fourth quarter of fiscal year 2025, the Company achieved net income breakeven as adjusted for non-cash depreciation and amortization. Management Commentary Ms. Zhixin Liu, Chief Executive Officer of Datasea, stated, "Our operating and financial results for fiscal year 2025 represents a milestone in Datasea's corporate growth. We nearly tripled our revenue due to the success of our dual-engine business segments of AI multimodal digitalization and acoustic high-tech. Further, in the fourth quarter, we achieved adjusted net income breakeven for the first time, signaling a transition from building scale to achieving profitability and sustainable growth." "On the business side, AI Multimodal Digitalization continues to expand through long-term customer contracts, while Acoustic + AI Solutions achieved significant progress, especially in delivering comprehensive solutions. These results reflect recognition from the marketplace as well as the resilience and viability of our innovation-driven business model. We believe that we have established a solid foundation for achieving long-term goals and maximizing shareholder value." Fiscal Year 2025 Financial Highlights Revenue: $71.62 million, an increase of 198.7% compared to $23.97 million for fiscal year 2024, through innovative technology and cost advantages in AI multimodal digitalization, a stable client base, and scaled growth that minimizes costs and increases margins. Gross Profit: $2.44 million, an increase of 415.5% compared to $0.47 million in fiscal year 2024, with gross margin improvement primarily attributable to the delivery of highly effective margin solutions in our core businesses. Net Income: Breakeven in the fourth quarter of fiscal 2025,...

DTSS' AI-Powered Technology Serves as a Unifying Core Innovation for its5G Multimodal Digital Platform and Acoustic High-Tech Segment BEIJING, May 15, 2025 /PRNewswire/ -- Datasea Inc. (NASDAQ: DTSS) ("Datasea" or the "Company"), a Nevada-based technology company specializing in 5G+AI multimodal digital solutions and acoustic high-tech innovations, today announced its financial results for the third fiscal quarter ended March 31, 2025. The Company reported revenue of $10.4 million, up 653.6% compared to $1.38 million for the same period of fiscal 2024. For the first nine months of the year, the Company reported revenue of $51.9 million, up 164.8% compared to revenue of $19.6 million for the same period of fiscal year 2024. Ms. Zhixin Liu, CEO of Datasea, commented, "We are pleased to have delivered robust year-over-year revenue growth. The period's revenue was driven by the continued strong performance and market expansion of the Company's 5G+AI multimodal digital segment in China, supported by its growing adoption across a spectrum of industries resulting in long-term customer contracts. In addition, the Company's acoustic high-tech products gained traction through strategic retail placement and new product innovation. The strength of our 5G+AI multimodal data platform and the market adoption of our acoustic products reinforce our vision of redefining digital and physical experiences through innovation." Financial Highlights Revenue: Revenue for the third fiscal quarter of 2025 was $10.4 million, an increase of 653.6% compared to revenue of $1.4 million for the third fiscal quarter of 2024. This increase was primarily driven by the growth of the Company's 5G+AI multimodal digital business in China, primarily due to the continuous enhancement of its 5G multimodal digital products and services through the empowerment of AI technology. Gross Profit: Gross profit for the third fiscal quarter of 2025 was $0.3 million and a gross margin was 2.9%. This marks an improvement from the same period in the prior year when the Company recorded gross profit of $0.01 million and a gross margin of 0.7%. Net Loss: Net loss for the third fiscal quarter of 2025 was $1.8 million, which marks a significant improvement from the same period in the prior year when the Company recorded a net loss of $4.1 million. Financial Condition: The Company's cash balance increased by 378.2% to...

Expects to Achieve Projected Annual Revenue of $90 Million BEIJING, May 8, 2025 /PRNewswire/ -- Datasea Inc. (Nasdaq: DTSS) ("Datasea" or "the Company"), a Nevada-based digital technology company specializing in acoustics high-tech and 5G+AI multimodal digital innovations, today pre-announced its revenue for the third quarter of fiscal year 2025, ended March 31, 2025, which is expected to be approximately $51.9 million, representing an increase of approximately 164.6%, as compared to approximately $19.6 million for the same period in the previous year. The expected increase was primarily driven by sustained growth in the Company's 5G+AI multimodal digital business, continuing the trend of significant market penetration and adoption of Datasea's innovative technological solutions. Ms. Zhixin Liu, CEO of Datasea, commented, "We are pleased to report yet another quarter of substantial growth, achieving a significant year-over-year revenue increase of over 164%. This success continues to validate our strategic focus on our 5G+AI multimodal solutions, which remain highly sought after by companies across various industries. We remain focused on achieving our projected annual revenue of $90 million and are confident in our ability to meet this ambitious goal." "Our continued focus on technological innovation and market expansion has effectively driven substantial growth. We remain dedicated to enhancing our cost management and operational efficiencies while expanding the reach and capabilities of our core AI-driven technologies," Ms. Liu added. Datasea continues to strategically position itself to leverage opportunities in both the acoustics high-tech and 5G+AI multimodal digital sectors, with the objective of driving long-term shareholder value. 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 develop...