Diginex Limited Reports 57% Revenue Growth and Balance Sheet Improvement

Diginex Limited has announced a 57% increase in revenues to $2.0 million for the fiscal year ending March 31, 2025. This growth was led by software subscription and license sales. Despite this increase, the company reported a net loss of $5.2 million, up from $4.9 million the previous year, driven by costs associated with its IPO.

The company highlighted a transformed balance sheet, shifting from $23.0 million in net liabilities in 2024 to $4.6 million in net assets by March 2025. This improvement is attributed to the capitalization of shareholder loans and preferred shares.

Diginex plans to acquire Resulticks and Matter DK, aiming to enhance AI capabilities and ESG offerings. Looking forward, they have intentions for a dual listing on the Abu Dhabi Securities Exchange to tap into regional growth opportunities.