Datasea, Inc. (DTSS), a digital technology company, reported a net loss of $11.38 million or $4.38 per share for the full year 2024. This compares to a net loss of $9.37 million or $5.70 per share in the prior year.
Revenues for the quarter surged to $23.98 million, significantly up from $3.64 million in the same quarter of the previous year. The remarkable growth in revenue is primarily driven by the rapid expansion of Datasea's 5G AI multimodal digital business in China.
