Financial Performance - Hyperscale Data, Inc. announced preliminary financial results for the twelve-month period ended December 31, 2024[5] - The company reported a revenue increase of 15% year-over-year, reaching 600 million[7] User Growth - User data showed a growth of 25% in active users, totaling 2 million by the end of 2024[5] Product Development - New product launches are anticipated to contribute an additional 10 million in R&D for new technologies in cloud computing[7] Market Strategy - The company is focusing on market expansion in Europe, targeting a 30% increase in market share by 2026[7] - The company plans to explore strategic acquisitions to enhance its service offerings in the next fiscal year[7] Operating Expenses - Operating expenses are projected to increase by 10% due to investments in technology and marketing[7] Financial Position - The company remains committed to maintaining a strong balance sheet with a current cash position of $100 million[7]
Ault Alliance(AULT) - 2024 Q4 - Annual Results