Diginex Limited Announces 57% Increase in Revenues and Transformed Balance Sheet for Fiscal Year ended March 31, 2025
Diginex Limited (NASDAQ: DGNX), a Sustainability RegTech solutions provider, reported strong financial results for FY2025. The company achieved a 57% revenue increase to $2.0 million, primarily driven by software subscriptions and license fees. Despite recording a net loss of $5.2 million, Diginex transformed its balance sheet from net liabilities of $23.0 million to net assets of $4.6 million following its January 2025 IPO.
Post fiscal year, Diginex announced two strategic acquisition plans: Resulticks Group for approximately $2 billion and Matter DK ApS for $13 million, both in share-based transactions. The company also signed an MOU to pursue a dual listing on the Abu Dhabi Securities Exchange, including a planned capital raise of up to $250 million focused on GCC institutional investors.
Diginex Limited (NASDAQ: DGNX), fornitore di soluzioni RegTech per la sostenibilità, ha riportato risultati finanziari solidi per l'anno fiscale 2025. L'azienda ha registrato un aumento del fatturato del 57% raggiungendo i 2,0 milioni di dollari, trainato principalmente da abbonamenti software e commissioni di licenza. Nonostante una perdita netta di 5,2 milioni di dollari, Diginex ha trasformato il proprio bilancio passando da passività nette di 23,0 milioni di dollari a attività nette di 4,6 milioni di dollari dopo l'IPO di gennaio 2025.
Dopo la chiusura dell'anno fiscale, Diginex ha annunciato due piani strategici di acquisizione: Resulticks Group per circa 2 miliardi di dollari e Matter DK ApS per 13 milioni di dollari, entrambi tramite transazioni azionarie. L'azienda ha inoltre firmato un MOU per perseguire una doppia quotazione alla Borsa di Abu Dhabi, inclusa una prevista raccolta di capitale fino a 250 milioni di dollari rivolta principalmente a investitori istituzionali del GCC.
Diginex Limited (NASDAQ: DGNX), proveedor de soluciones RegTech para la sostenibilidad, reportó sólidos resultados financieros para el año fiscal 2025. La compañía logró un aumento de ingresos del 57% hasta 2,0 millones de dólares, impulsado principalmente por suscripciones de software y tarifas de licencias. A pesar de registrar una pérdida neta de 5,2 millones de dólares, Diginex transformó su balance de pasivos netos de 23,0 millones a activos netos de 4,6 millones de dólares tras su oferta pública inicial en enero de 2025.
Tras el cierre fiscal, Diginex anunció dos planes estratégicos de adquisición: Resulticks Group por aproximadamente 2 mil millones de dólares y Matter DK ApS por 13 millones de dólares, ambos mediante transacciones basadas en acciones. La empresa también firmó un MOU para buscar una doble cotización en la Bolsa de Valores de Abu Dhabi, incluyendo una captación de capital de hasta 250 millones de dólares dirigida a inversores institucionales del GCC.
Diginex Limited (NASDAQ: DGNX)� 지� 가능성 RegTech 솔루� 제공업체로서 2025 회계연도� 강력� 재무 실적� 보고했습니다. 회사� 주로 소프트웨� 구독 � 라이선스 수수료에 힘입� 매출� 57% 증가하여 200� 달러� 달성했습니다. 520� 달러� 순손�� 기록했음에도 불구하고, Diginex� 2025� 1� IPO 이후 순부� 2,300� 달러에서 순자� 460� 달러� 재무구조� 전환했습니다.
회계연도 종료 � Diginex� � 가지 전략� 인수 계획� 발표했습니다: � 20� 달러 규모� Resulticks Group 인수왶 1,300� 달러 규모� Matter DK ApS 인수, � � 모두 주식 기반 거래� 진행됩니�. 또한 회사� 아부다비 증권거래소에 이중 상장� 추진하기 위한 양해각서(MOU)� 체결했으�, GCC 기관 투자자를 대상으� 하는 최대 2� 5천만 달러� 자본 조달� 계획하고 있습니다.
Diginex Limited (NASDAQ : DGNX), fournisseur de solutions RegTech pour la durabilité, a annoncé de solides résultats financiers pour l'exercice 2025. La société a réalisé une augmentation de 57 % de son chiffre d'affaires, atteignant 2,0 millions de dollars, principalement grâce aux abonnements logiciels et aux frais de licence. Malgré une perte nette de 5,2 millions de dollars, Diginex a transformé son bilan, passant d'un passif net de 23,0 millions de dollars à un actif net de 4,6 millions de dollars suite à son introduction en bourse en janvier 2025.
Après la clôture de l'exercice, Diginex a annoncé deux plans d'acquisition stratégiques : Resulticks Group pour environ 2 milliards de dollars et Matter DK ApS pour 13 millions de dollars, tous deux dans le cadre de transactions en actions. La société a également signé un protocole d'accord (MOU) pour envisager une double cotation à la Bourse d'Abu Dhabi, incluant une levée de fonds pouvant atteindre 250 millions de dollars ciblant principalement les investisseurs institutionnels du CCG.
Diginex Limited (NASDAQ: DGNX), ein Anbieter von Nachhaltigkeits-RegTech-Lösungen, meldete starke Finanzergebnisse für das Geschäftsjahr 2025. Das Unternehmen erzielte einen Umsatzanstieg von 57 % auf 2,0 Millionen US-Dollar, hauptsächlich getrieben durch Software-Abonnements und Lizenzgebühren. Trotz eines Nettoverlusts von 5,2 Millionen US-Dollar wandelte Diginex seine Bilanz von Nettoschulden in Höhe von 23,0 Millionen US-Dollar in Nettovermögen von 4,6 Millionen US-Dollar nach dem Börsengang im Januar 2025 um.
Nach dem Geschäftsjahresende kündigte Diginex zwei strategische Übernahmepläne an: Resulticks Group für etwa 2 Milliarden US-Dollar und Matter DK ApS für 13 Millionen US-Dollar, beide als aktienbasierte Transaktionen. Das Unternehmen unterzeichnete außerdem ein Absichtserklärung (MOU), um eine Doppelnotierung an der Abu Dhabi Securities Exchange anzustreben, einschließlich einer geplanten Kapitalerhöhung von bis zu 250 Millionen US-Dollar, die sich auf institutionelle Investoren aus dem GCC konzentriert.
- Revenue growth of 57% year-over-year to $2.0 million
- Balance sheet transformation from -$23.0M net liabilities to +$4.6M net assets
- Strategic acquisitions planned: Resulticks ($2B) and Matter ($13M) to expand AI and data capabilities
- Planned dual listing on Abu Dhabi Securities Exchange with $250M capital raise
- Successful IPO completion in January 2025
- Cash position improved from $0.1M to $3.1M year-over-year
- No interest-bearing debt on balance sheet as of March 2025
- Net loss increased to $5.2 million from $4.9 million year-over-year
- Customization fees declined by $0.3M to $0.4M
- General and administrative expenses increased by $1.0M to $10.3M
- Professional fees increased significantly from $0.5M to $2.1M due to IPO costs
Insights
Diginex shows 57% revenue growth but widening losses amid strategic acquisitions and IPO transformation with persistent profitability challenges.
Diginex's financial results reveal a 57% revenue increase to
The balance sheet transformation is noteworthy, moving from net liabilities of
The company's revenue mix is shifting strategically, with subscription/license fees growing to
Post-fiscal year plans are ambitious but raise questions about dilution and integration risks. The
LONDON, July 11, 2025 (GLOBE NEWSWIRE) -- Diginex Limited (“Diginex� or the “Company�) (NASDAQ: DGNX), a leading provider of Sustainability RegTech solutions, today announced its financial results for the fiscal year ended March 31, 2025.
Fiscal Year ended March 31, 2025 Full-Year Highlights:
- Revenues for the fiscal year ended March 31, 2025, increased
57% to$2.0 million driven primarily by an increase in software subscriptions and license fees. - Net loss for the fiscal year ended March 31, 2025, of
$5.2 million , an increase of$0.3 million compared to the net loss of$4.9 million recorded in the prior year. - Transformed balance sheet with net assets of
$4.6 mDz at March 31, 2025, compared to net liabilities of$23.0 million at March 31, 2024. - Completed Initial Public Offering (“IPO�) in January 2025.
Post Year End Strategic Highlights
- Signed a memorandum of understanding on June 5, 2025 to acquire Resulticks Group Companies Pte Limited (“Resulticks�), subject to definitive agreements, in a transaction valued at approximately US
$2 bDz , to be primarily settled in Diginex ordinary shares. This combination leverages Resulticks� real-time audience engagement, agentic AI framework, and global reach to drive sustainability, compliance, customer relationships, and collective growth. - Executed a memorandum of understanding on May 23, 2025, to acquire Matter DK ApS (“Matter�), subject to definitive agreements, for approximately US
$13 mDz in an all-share deal. Management believes the acquisition of Matter will strengthen the Company’s sustainability data coverage, ESG analytics offerings, as well as its automated data collection capabilities.
Management Commentary
“The year ended March 31, 2025 was a transformative period for the Company, marked by the successful completion of our IPO in January 2025, a
“We also maintained a disciplined approach to cost management. While general and administrative expenses increased year on year, this was primarily due to IPO related professional fees and the fair value adjustment related to the issuance of preferred shares under an anti-dilution clause following an
“We’re also excited to have signed a memorandum of understanding on March 17, 2025, to pursue a dual listing of our ordinary shares on the Abu Dhabi Securities Exchange,� said Mr. Blick. “This planned listing is intended to increase exposure of Diginex to regional and international investors, strengthen our relationships in the Gulf Cooperation Council (“GCC�) region, and support Abu Dhabi’s strategic focus on sustainable finance. We believe this step aligns with our long-term commitment to expand our global presence.� The memorandum of understanding also contemplates a planned capital raise of up to USD
“Importantly, we are advancing our strategy to strengthen and diversify our technology and data capabilities through targeted acquisitions,� continued Mr. Blick. “Following the close of the fiscal year ended March 31, 2025, we signed two memoranda of understanding to acquire Resulticks and Matter, subject to definitive agreements. These transactions, if completed, would meaningfully expand our AI-driven data management and sustainability analytics capabilities globally, supporting our vision of delivering integrated, high-value solutions to clients worldwide. While both agreements remain subject to due diligence, negotiation and finalizing definitive terms, they demonstrate our commitment to disciplined, strategic growth through carefully selected acquisitions. We see powerful synergies with Resulticks in targeted sustainability marketing at scale, bringing in Matter’s sustainability data for company benchmarking and supply chain due diligence through diginexLUMEN, and the provision of AI enabled sustainability reporting capabilities with diginexESG.�
“Looking ahead, we have reason for optimism as our Company is on the leading edge of fundamental changes in the data industry that will drive future growth. We remain committed to investing across the Diginex platforms, enhancing our global market presence both organically and through acquisitions, and managing our operations with discipline to deliver long-term value to our shareholders,� Mr. Blick stated.
Revenues
For the year ended March 31, | ||
in USD millions | 2025 | 2024 |
Subscription and license fees | 1.3 | 0.4 |
Advisory fees | 0.3 | 0.2 |
Customization fees | 0.4 | 0.7 |
Total | 2.0 | 1.3 |
For the fiscal year ended March 31, 2025, total revenue increased by
Revenue from advisory fees increased modestly to
The increase in total revenue was partially offset by a decline in revenue from customization projects, which decreased by
“We are focused on building long-term, sustainable growth across all of our service lines,� said Mr. Blick. “This year’s results highlight the strength of our core subscription business and our ability to unlock additional revenue opportunities through strategic agreements and licensing agreements.�
General and Administrative Expenses
For the year ended March 31, | ||
in USD millions | 2025 | 2024 |
Employee benefits | 4.8 | 5.0 |
IT development and maintenance support | 1.5 | 2.1 |
Audit fees | 0.4 | 0.6 |
Professional fees | 2.1 | 0.5 |
Travel and entertainment | 0.4 | 0.5 |
Share based payments | 0.4 | - |
Amortization and depreciation | 0.1 | 0.1 |
Other | 0.6 | 0.5 |
10.3 | 9.3 | |
For the fiscal year ended March 31, 2025, general and administrative expenses increased by
Employee benefits decreased by
Balance Sheet Highlights
At March 31, 2025, net assets of
The Company’s cash position of
The balance sheet at March 31, 2025, held no interest-bearing debt instruments.
“The strengthening of our balance sheet following our IPO marks an important milestone for the company,� concluded Mr. Blick. “This enhanced financial position gives us the flexibility to invest in growth, pursue strategic initiatives, and deliver sustainable value to our shareholders. We remain committed to disciplined capital management as we expand our operations, strengthen key partnerships, and execute on our long-term vision to drive innovation and create a lasting impact in our industry.�
About Diginex
Diginex Limited (Nasdaq: DGNX; ISIN KYG286871044), headquartered in London, is a sustainable RegTech business that empowers businesses and governments to streamline ESG, climate, and supply chain data collection and reporting. The Company utilizes blockchain, AI, machine learning and data analysis technology to lead change and increase transparency in corporate regulatory reporting and sustainable finance. Diginex’s products and services solutions enable companies to collect, evaluate and share sustainability data through easy-to-use software.
The award-winning diginexESG platform supports 19 global frameworks, including GRI (the “Global Reporting Initiative�), SASB (the “Sustainability Accounting Standards Board�), and ISSB (IFRS Sustainability Disclosure Standards). Clients benefit from end-to-end support, ranging from materiality assessments and data management to stakeholder engagement, report generation and an ESG Ratings SupportService.
For more information, please visit the Company’s website: .
Forward-Looking Statements
Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “approximates,� “believes,� “hopes,� “expects,� “anticipates,� “estimates,� “projects,� “intends,� “plans,� “will,� “would,� “should,� “could,� “may� or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results disclosed in the Company's filings with the SEC.
Diginex
Investor Relations
Email:
IR Contact - Europe
Anna Höffken
Phone: +49.40.609186.0
Email:
IR Contact - US
Jackson Lin
Lambert by LLYC
Phone: +1 (646) 717-4593
Email:
IR Contact - Asia
Shelly Cheng
Strategic Financial Relations Ltd.
Phone: +852 2864 4857
Email:
DIGINEX LIMITED CONSOLIDATED STATEMENTS OF PROFIT OR LOSS AND OTHER COMPREHENSIVE LOSS For the years ended 31 March 2024 and 2025 | ||
Year ended | Year ended | |
31 March 2025 | 31 March 2024 | |
USD | USD | |
Revenue | 2,040,602 | 1,299,538 |
General and administrative expenses | (10,344,514) | (9,363,345) |
OPERATING LOSS | (8,303,912) | (8,063,807) |
Other income, gains or (losses) | 3,501,200 | 3,753,988 |
Finance cost, net | (410,167) | (552,651) |
LOSS BEFORE TAX | (5,212,879) | (4,862,470) |
Income tax expense | - | (8,917) |
LOSS FOR THE YEAR | (5,212,879) | (4,871,387) |
OTHER COMPREHENSIVE INCOME (LOSS) | ||
Items that may be reclassified subsequently to profit or loss: | ||
Exchange gain (loss) on translation of foreign operations | 30 | (7,684) |
TOTAL COMPREHENSIVE LOSS FOR THE YEAR | (5,212,849) | (4,879,071) |
LOSS PER SHARE ATTRIBUTABLE TO THE ORDINARY EQUITY HOLDERS OF THE COMPANY | ||
Basic loss per share | (0.33) | (0.51) |
Diluted loss per share | (0.53) | (0.75) |
DIGINEX LIMITED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION At 31 March 2024 and 2025 | ||
At 31 March 2025 | At 31 March 2024 | |
USD | USD | |
ASSETS | ||
Right-of-use assets | 225,672 | 357,202 |
Rental deposit | 45,463 | 35,431 |
Plant and equipment | - | - |
Total non-current assets | 271,135 | 392,633 |
Trade receivables, net | 1,394,545 | 182,334 |
Contract assets | 750 | 69,354 |
Other receivables, deposit and prepayment | 1,066,191 | 253,476 |
Restricted bank balance | 399,400 | - |
Cash and cash equivalents | 3,111,141 | 76,620 |
Total current assets | 5,972,027 | 581,784 |
LIABILITIES | ||
Trade payables | (200,660) | (788,798) |
Other payables and accruals | (706,874) | (596,870) |
Tax payables | - | (8,917) |
Deferred revenues | (505,424) | (322,826) |
Due to a related company | (34,579) | (34,579) |
Due to immediate holding company | - | (5,345,929) |
Loans from immediate holding company | - | (1,930,993) |
Loan from a related company | - | (1,140,931) |
Lease liabilities, current | (126,808) | (122,076) |
Convertible loan notes, current | - | (3,975,534) |
Total current liabilities | (1,574,345) | (14,267,453) |
Lease liabilities, net of current portion | (110,867) | (243,280) |
Preferred shares | - | (9,359,000) |
Convertible loan notes, net of current portion | - | (114,808) |
Total non-current liabilities | (110,867) | (9,717,088) |
Net current assets (liabilities) | 4,397,682 | (13,685,669) |
Net assets (liabilities) | 4,557,950 | (23,010,124) |
EQUITY (DEFICIT) | ||
Share Capital | 1,150 | 477 |
Share Premium | 25,689,436 | - |
Capital reserve | 5,126,150 | 3,752,192 |
Warrant reserve | 79,263,200 | - |
Exchange reserve | (1,651) | (1,681) |
Share option reserve | 1,076,345 | 2,409,689 |
Accumulated losses | (106,596,680) | (29,170,801) |
Total equity (deficit) | 4,557,950 | (23,010,124) |
DIGINEX LIMITED CONSOLIDATED STATEMENTS OF CASH FLOWS For the years ended 31 March 2024 and 2025 | ||
Year ended | Year ended | |
31 March 2025 | 31 March 2024 | |
USD | USD | |
CASH FLOWS FROM OPERATING ACTIVITIES | ||
Loss before taxation | (5,212,879) | (4,862,470) |
Adjustments for: | ||
Amortization - right-of-use assets | 125,575 | 99,580 |
Depreciation - property, plant and equipment | - | 3,696 |
Impairment losses (reversed) recognized in respect of trade receivables | (2,844) | (400) |
Bad debt written off | 12,064 | 21,522 |
Write-off of due from related company | - | 81,347 |
Finance costs | 410,167 | 552,651 |
Share option awards | 859,685 | 1,352,835 |
Share-based payments expenses on anti-dilution issuance of preferred shares | 369,648 | - |
IPO expenses charged to P&L | 1,659,081 | - |
Net fair value loss of convertible loan notes | 639,000 | 374,000 |
Net fair value loss of preferred shares | (4,117,648) | (4,101,000) |
Operating cash flows before movements in working capital | (5,258,151) | (6,478,239) |
Movements in working capital | ||
Trade receivables | (1,221,431) | 86,332 |
Other receivables, deposit and prepayment | (955,348) | (210,936) |
Contract assets | 68,604 | (42,365) |
Due from a related company | - | (39,815 |
Trade and other payables | (478,610) | 841,155 |
Deferred revenue | 182,598 | (12,840) |
Amount due to immediate holding company | - | - |
Cash generated from operations | (7,662,338) | (5,856,708) |
Income tax paid | (8,917) | - |
Net cash used in operating activities | (7,671,255) | (5,856,708) |
CASH FLOWS FROM INVESTING ACTIVITIES | ||
Payment to rental deposit | (10,032) | - |
Cash used in investing activities | (10,032) | - |
CASH FLOWS FROM FINANCING ACTIVITIES | ||
Issue of shares under global offerings | 10,608,750 | - |
Payment of transaction costs of issue of new shares | (2,948,791) | - |
Loans from immediate holding company | 3,410,461 | 564,483 |
Advances from immediate holding company | 713,719 | 5,345,423 |
Proceeds from shares issued | 50 | - |
Proceeds from issuance of convertible loan notes | - | 100,000 |
Loan from a related company | - | - |
Repayment of due to immediate holding company | - | - |
Repayment of lease liabilities | (138,962) | (109,754) |
Placement of restricted bank balance | (399,400) | - |
Repayment of loan from immediate holding company | (530,019) | (1,150,000) |
Net cash generated from financing activities | 10,715,808 | 4,750,152 |
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | 3,034,521 | (1,106,556) |
Cash and cash equivalents at the beginning of the year | 76,620 | 1,183,176 |
CASH AND CASH EQUIVALENTS AT THE END OF THE YEAR | 3,111,141 | 76,620 |
