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DigitalX Limited (ASX:DCC)

ALERT: Price-sensitive ASX Announcement for DCC
Current share price for DCC : $0.024 -0.01 (-29.41%)+
Announcement
Release
23 Apr 2026 9:23AM
Price at Release
$0.034
Full Release
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Summary
DigitalX Limited's quarterly report for the period ending 31 March 2026 highlights significant financial developments and strategic initiatives. The company reported a cash and asset value of $59.5 million, with a substantial reduction in operating cash outflow by 77% compared to the previous year, attributed to streamlined operations. Revenue from 'Sell My Shares' reached a record $808k, supporting improved cash flow outcomes. The quarter marked a strategic shift with the launch of a $30 million investment program and a continued focus on optimizing balance sheets through on-chain yield strategies. Leigh Travers was appointed as Executive Chair to lead the company's transition into an execution phase, emphasizing disciplined growth opportunities.
Key Points
  • Total liquid assets of A$59.5 million at quarter end.
  • Launch of A$30 million Strategic Investment and Acquisition Program.
  • Appointment of Leigh Travers as Executive Chair.
  • Record quarterly revenue from 'Sell My Shares' of over A$800k.
  • 77% reduction in quarterly net cash outflow versus prior corresponding period.
  • Focus on balance sheet optimization and on-chain yield strategies.
  • Significant decrease in operating costs and improved cash flow outcomes.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.