Company Overview - Hyperscale Data, Inc. reported preliminary financial results for Q1 2025, with revenue exceeding $25 million and guidance for full fiscal year 2025 projected between $115 million and $125 million [1][2] - The company recognized a one-time gain of approximately $9.7 million from the deconsolidation of Avalanche International, Corp. [2] - The transition of the Michigan data center into an AI-focused facility is a strategic move to enhance its position in the AI infrastructure market [2][3] Strategic Initiatives - The CEO highlighted the strong start to 2025, emphasizing growth across core businesses and the importance of transitioning to an AI data center and divesting non-core assets [3] - The company is preparing for a divestiture of Ault Capital Group, Inc. (ACG) by December 31, 2025, which will allow it to focus solely on data center operations and high-performance computing services [6][7] - ACG is involved in various sectors, including AI software, social gaming, defense, and private credit, until the divestiture is completed [6] Financial Highlights - The company’s revenue growth is attributed to its subsidiaries, including Ault Global Real Estate Equities, Circle 8 Crane Services, and TurnOnGreen [1] - The strategic transition and focus on high-growth sectors are aimed at capturing emerging opportunities and delivering sustained value to stockholders [3]
Hyperscale Data Announces Preliminary $25 Million in Revenue for Q1 2025, Provides Full-Year Guidance of $115–$125 Million