Revenue Surges 238% to $18.6M, Digital Health Unit Drives 75% Gross Margins
DXST sits 91% above its 52-week low of $1.5 on elevated volume (2.0× avg).
Summary
Decent Holding reported H1 FY2026 revenue of $18.6M, up 238% YoY, driven by a 1,762% surge in wastewater treatment to $9.2M and a new digital health segment contributing $3.5M in training revenue at 75% gross margins. Gross profit jumped 310% to $6.2M, lifting overall gross margin to 33.4% from 27.5%. Despite a net loss of $1.1M (vs. $0.5M loss last year) due to expansion costs, the loss margin narrowed to 5.8%. Cash stood at $1.7M after $7M in financing inflows. This follows the June 4 preliminary revenue announcement and the July 14 shareholder approval to increase authorized shares, providing a fuller picture of the company's accelerating growth and improving unit economics. The digital health segment's high-margin contribution and wastewater project wins signal a significant shift in revenue quality, though the net loss and low cash balance warrant attention.
At the time of this announcement, DXST was trading at $2.86 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $4.1M. The 52-week trading range was $1.50 to $62.00. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: GlobeNewswire.