Datasea Narrows Net Loss 57%, Turns Cash Flow Positive in FY2026
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Beijing – October 05, 2026 -- Datasea Intelligent Technology Ltd. (Nasdaq: DTSS) narrowed its net loss by 57.0% to approximately $2.19 million in fiscal year 2026, as operating cash flow turned positive at approximately $1.98 million, the company reported for the year ended June 30, 2026.
Revenue fell 43.17% to $40.70 million as Datasea cut lower-margin digital services
Revenue declined to approximately $40.70 million from $71.62 million in fiscal 2025, a drop the company attributed to a deliberate reduction of standardized, lower-margin AI multimodal and traffic-related services under a business-mix optimization strategy.