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DGXX

Digi Power X Inc.

DGXX

Digi Power X Inc. • NASDAQ
$4.08 ▼ -2.63% (-0.11)
Market Cap $182.42 M
52w High $6.78
52w Low $0.85
Dividend Yield 0%
P/E -12.75
Volume 2.99M
Outstanding Shares 44.71M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $8.145M ▲ $2.088M ▼ $302.791K ▲ 3.717% ▲ $0.01 ▲ $-1.343M ▲
Q2-2025 $8.111M ▼ $4.069M ▲ $-10.386M ▼ -128.038% ▼ $-0.28 ▼ $-8.779M ▼
Q1-2025 $9.277M ▲ $3.097M ▲ $-1.689M ▼ -18.202% ▼ $-0.05 ▼ $-2.257M ▼
Q4-2024 $5.638M ▼ $-3.233M ▼ $-464.075K ▲ -8.232% ▲ $-0.01 ▲ $3.344M ▲
Q3-2024 $9.176M $2.06M $-6.412M -69.884% $-0.21 $-2.49M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $6.214M ▲ $51.272M ▲ $7.113M ▼ $44.159M ▲
Q2-2025 $4.283M ▲ $37.295M ▲ $10.656M ▲ $26.639M ▲
Q1-2025 $804.372K ▼ $33.016M ▼ $8.661M ▼ $24.355M ▲
Q4-2024 $1.704M ▲ $34.318M ▼ $12.336M ▲ $21.703M ▼
Q3-2024 $588.61K $38.616M $11.521M $27.095M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $302.791K ▲ $-6.832M ▲ $-7.605M ▼ $16.368M ▲ $1.931M ▼ $-14.437M ▼
Q2-2025 $-10.386M ▼ $-8.199M ▲ $5.599M ▲ $6.079M ▲ $3.479M ▲ $-8.974M ▲
Q1-2025 $-1.689M ▼ $-10.105M ▲ $3.816M ▼ $5.389M ▲ $-899.524K ▼ $-10.887M ▲
Q4-2024 $-464.075K ▲ $-18.004M ▼ $17.917M ▲ $1.202M ▼ $1.115M ▲ $-18.595M ▼
Q3-2024 $-6.412M $-4.661M $0 $3.722M $-938.446K $-4.661M

Five-Year Company Overview

Income Statement

Income Statement Digi Power X is still in a very early revenue stage. Sales have been creeping up from almost nothing, but they remain very small and not yet at a scale that can support the business comfortably. Profitability is weak and inconsistent. Gross margins have slipped into negative territory again after briefly turning positive earlier in the period, which means the core operations have not yet proven they can reliably generate profit from each dollar of revenue. Operating results move between small gains and losses, but overall the company has been loss‑making in most recent years. Earnings per share tell the same story: occasional brief improvement, followed by renewed losses. Overall, the income statement looks like that of a company in transition, spending ahead of revenue growth and still searching for a stable, profitable business model.

Balance Sheet

Balance Sheet The balance sheet is very small, which underlines how early‑stage and niche the company still is. Asset levels are modest and have actually shrunk a bit from earlier years, suggesting some drawdown as the company invests and absorbs losses. On the positive side, Digi Power X shows essentially no financial debt in the recent period, which reduces interest burden and gives it more flexibility. Equity makes up almost all of the capital base, reflecting a relatively clean, simple structure. The lack of reported cash is notable. It raises questions about how new investments and day‑to‑day operations will be funded going forward, since there is little visible financial cushion on the balance sheet. This leaves the company more exposed to business hiccups or delays in its growth plans.

Cash Flow

Cash Flow Cash flow patterns show a business that is still consuming cash rather than generating it. Operating cash flow has bounced between slightly positive and clearly negative over the years, with the latest year back in the negative column. That suggests the underlying operations are not yet self‑funding and still require support. Free cash flow has been negative in most years, even though actual capital spending has not been especially heavy. In practice, this means even a relatively modest investment program has been enough to keep the company cash‑flow negative. Altogether, the cash flow picture highlights execution risk: the company will likely need external funding or improved earnings to sustain its pivot and growth ambitions.

Competitive Edge

Competitive Edge Digi Power X is trying to reposition itself from a crypto‑mining operator into a specialist in AI and high‑performance computing infrastructure. That is a bold shift into one of the fastest‑growing areas of tech, but also one of the most competitive. Its main competitive angle is a combination of three things: - Modular, Tier III‑grade data centers that can be deployed much faster than traditional facilities. - Direct ownership of power generation assets, giving it more control over energy costs and reliability. - A hybrid model that combines AI data center services, ongoing crypto mining, and selling excess power back to the grid. These features could give Digi Power X a cost and speed edge in certain niches, especially where power access is a bottleneck. However, it competes in a landscape filled with very large, well‑funded cloud and data center players. Its small scale, limited financial resources, and early stage in AI client relationships make its competitive position promising but still unproven.

Innovation and R&D

Innovation and R&D The company’s strategy leans heavily on innovation rather than sheer size. Key initiatives include: - The ARMS modular data center platform, designed for rapid rollout of AI and high‑performance computing capacity, with support for the latest high‑end chips. - A planned NeoCloudz service, which aims to offer GPU power “as a service” to developers, startups, and enterprises through an easy‑to‑use cloud‑style platform. - Vertical integration of power, cooling, and compute to create more efficient, tightly controlled sites. These are conceptually strong ideas that fit where the market is going: faster deployments, massive GPU demand, and more specialized AI infrastructure. The main risks are execution and timing. The business must complete its new facilities, launch NeoCloudz on schedule, sign meaningful customers, and maintain access to cutting‑edge hardware. Until those milestones are met and adopted widely, the innovation story remains more about potential than realized impact.

Summary

Digi Power X is a tiny, transitional technology infrastructure company trying to reinvent itself for the AI era. Financially, it operates at a very small scale, with modest and still fragile revenues, recurring losses, and negative free cash flow. The balance sheet is simple and essentially debt‑free, which is a clear strength, but also thin, with limited visible cash and a narrow asset base. That combination points to high sensitivity to delays, cost overruns, or slower‑than‑expected customer uptake. Strategically, the company is aiming at attractive growth themes: AI data centers, high‑performance computing, and GPU‑as‑a‑service. Its modular Tier III designs, integrated power assets, and planned NeoCloudz platform can help differentiate it from standard data centers and pure crypto miners. The opportunity is significant if Digi Power X can turn these concepts into stable, recurring AI infrastructure revenue. The key uncertainties revolve around scale, funding, client acquisition, and the ability to execute large build‑outs in a crowded, capital‑intensive market. Overall, DGXX looks like an early, high‑risk, high‑optionality story tied closely to how well it delivers on its AI infrastructure pivot over the next few years.

NEWS

November 19, 2025 · 8:00 PM UTC

Digi Power X Announces Grant of Stock Options and RSUs

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November 18, 2025 · 5:00 PM UTC

Digi Power X Files Amended and Restated Prospectus Supplement for its Existing At-the-Market Equity Program

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November 13, 2025 · 5:15 PM UTC

Digi Power X Achieves Positive Net Earnings for Q3 2025 and Reports Strong Balance Sheet to Support 2026 AI Infrastructure Development Plan

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November 3, 2025 · 7:30 AM UTC

Digi Power X Strengthens Balance Sheet to Support 2026 AI Infrastructure Development Plan

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October 30, 2025 · 7:30 AM UTC

Digi Power X to Announce 2025 Q3 Financial Results on November 13th

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