DATASEA INC. SEC 10-Q Report

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2025.11.13 19:33
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Datasea Inc. released its Form 10-Q report for Q3, highlighting financial and operational developments. Revenues decreased to $13.81M from $21.08M YoY, but gross profit increased to $1.17M from $0.20M. Operating losses reduced to $(0.29) M from $(2.03) M, and net loss improved to $(0.20) M from $(1.96) M. The company focuses on 5G AI Multimodal communication and smart city solutions, with all revenues generated in China. New software products were launched, and management is optimistic about future growth.

Datasea Inc., a leading provider of 5G messaging services and smart city solutions in the People's Republic of China (PRC), has released its Form 10-Q report for the third quarter. The report highlights significant financial and operational developments, reflecting the company's strategic focus and market performance.

Financial Highlights

  • Revenues: $13.81 million, reflecting a decrease from $21.08 million in the prior year period, indicating a decline in sales performance.
  • Gross Profit: $1.17 million, a significant increase from $0.20 million in the prior year period, suggesting improved cost management.
  • Loss from Operations: $(0.29) million, compared to a loss of $(2.03) million in the prior year period, showing a reduction in operating losses.
  • Net Loss to the Company: $(0.20) million, a substantial improvement from a net loss of $(1.96) million in the prior year period, indicating better overall financial performance.
  • Basic and diluted net loss per share: $(0.02), compared to $(0.49) in the prior year period, reflecting a decrease in loss per share.

Business Highlights

  • Revenue Segments: The company derives its revenues from product sales, software sales, and 5G messaging service contracts. The primary revenue source is the 5G AI Multimodal communication, which includes 5G SMS, 5G MMCP, and 5G multi-media video messaging. Other revenue streams include Acoustic Intelligence Business and Smart City business.
  • Geographical Performance: All of the company's customers are located in the People's Republic of China (PRC), and all revenues for the reporting period were generated from the PRC. This indicates a strong regional focus and reliance on the Chinese market.
  • Sales Units: The company reported significant sales in the 5G AI Multimodal communication segment, which includes various subcategories such as new media marketing and digital technical services. The Acoustic Intelligence Business also contributed to sales with products like Ultrasonic Sound Air Disinfection Equipment.
  • New Product Launches: During the reporting period, the company launched several new software products, including an AI multimodal order analysis system, a multimodal marketing program management system, a service provider’s marketing service system, and a consumer comprehensive labeling system.
  • Future Outlook: The company plans to continue focusing on its core business areas, including smart city solutions and 5G messaging services. Management is optimistic about generating sufficient revenues and raising additional funds to support research and development, procurement, marketing, and daily operations.

SEC Filing: DATASEA INC. [ DTSS ] - 10-Q - Nov. 13, 2025

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