Decent Holding Inc.(US:DXST) Globenewswireยท2025-08-13 12:00Core Insights - Decent Holding Inc. reported a significant increase in total revenue, which rose by 147.3% to approximately $5.5 million for the first half of fiscal year 2025, compared to approximately $2.2 million in the prior-year period [4][5] - The company experienced substantial growth in river water quality management revenue, which surged by 187.4% to approximately $4.7 million, and product sales, which increased by 220.6% to $277,081 [6][5] - Despite the revenue growth, the company reported a net loss of approximately $0.5 million for the first half of 2025, compared to a net loss of $0.02 million in the same period of 2024 [5][9] Financial Performance - Total revenue increased by approximately $3.3 million, reflecting the company's resilience in a fluctuating economic environment [4] - Gross profit rose by 170.5% to approximately $1.5 million, with gross margin improving to 27.5% from 25.1% in the prior year [5][7] - Operating expenses jumped by 227.8% to approximately $2.0 million, primarily due to increased marketing fees and general administrative expenses [8] Revenue Breakdown - Revenue from wastewater treatment services increased slightly by 0.2% to $493,123, while associated costs rose by 19.2% [6] - Revenue from river water quality management climbed significantly, driven by successful project completions, with a gross profit margin of 27.6% [6][7] - Product sales revenue saw a substantial increase, with a gross profit margin of 41.7%, benefiting from local river water quality projects [6][7] Cash Position - As of April 30, 2025, the company had cash of $838,415, a decrease from $909,765 as of April 30, 2024 [10] - The net change in cash for the period was an increase of $431,384, despite cash used in operating and investing activities [20] Future Outlook - The company plans to accelerate the deployment of integrated treatment solutions across wider regions in China and deepen academic collaborations for next-generation technologies [3]