Business
DMG Blockchain Solutions Reports Fourth Quarter and Full Year 2025 Audited Results
VANCOUVER, British Columbia, Dec. 18, 2025 (GLOBE NEWSWIRE) -- DMG Blockchain Solutions Inc. (TSX...
About this update from Dmg Blockchain Solutions, Inc.
[{"type":"text","content":"DMG Blockchain Solutions Reports Fourth Quarter and Full Year 2025 Audited Results\nVANCOUVER, British Columbia, Dec. 18, 2025 (GLOBE NEWSWIRE) -- DMG Blockchain Solutions Inc. (TSX-V: DMGI) (OTCQB US: DMGGF) (FRANKFURT: 6AX) (“DMG”), a vertically integrated blockchain and data center technology company, today announces its fiscal fourth quarter and full year audited 2025 financial results. All financial references are in Canadian Dollars unless specified otherwise. Readers are encouraged to review the Company’s September 30, 2025 full year audited financial statements and management’s discussion and analysis thereof for an assessment of the Company’s performance and applicable risk factors, available at www.sedarplus.ca. Full Year 2025 Financial Results Highlights Revenue: $47.3 million, up 40% from $33.9 million in 2024Bitcoin Mined: 344 bitcoin with an ending balance of 342 bitcoinHashrate: average 1.70 EH/s with fleet efficiency of 22.7 J/TH versus 2024 average of 0.96 EH/s with fleet efficiency of 26.7 J/THCash Flow from Operations: $16.2 million in 2025, up 97% from $8.2 million in 2024Cash, Short-term Investments and Digital Assets: $65.2 million at year-end, up 81% from $36.0 million at year-end 2024Total Assets: $132.0 million at year-end, up 27% from $103.9 million at year-end 2024Net Income: -$10.3 million or -$0.05 per share versus -$5.2 million or -$0.03 per share in 2024Comprehensive Income: $11.3 million vs $5.1 million in 2024 DMG’s CEO, Sheldon Bennett, commented: “In 2025, we positioned the Company to enter the high-value Artificial Intelligence (AI) infrastructure market and grow our digital asset financial services offerings. We cultivated relationships with the Canadian government, enterprises and Indigenous communities to capture unique sovereign AI opportunities with a strategic focus on a colocation business model. In addition, our digital asset custody subsidiary achieved qualified custodian status as well as SOC 2 Type II certification, positioning it for revenue growth in the calendar 2026. We believe our strong balance sheet can help us weather the current crypto market downturn while we remain focused on long-term growth and cash generation.” Full Year 2025 Financial Results Review Revenue increased by $13,436,987 to $47,337,070 for the year end...