Mawson Q4 revenue plunges 79% to $3.2M, net loss widens; settles two litigations

Big Digital Energy, Inc.

2025-FY EPS reported -$20.11 revenue$39,754,085

Preliminary Q4 revenue $3.2M (down 79% YoY); gross loss ($1.1M) vs profit $4.7M prior year.
Q4 net loss $15.8M, up 250% YoY from $4.5M; full-year net loss improved to $23.8M from $46.3M.
Full-year 2025 revenue $39.8M (down 33% YoY); gross margin improved to 44% from 34% in 2024.
Reached settlements with Ionic Digital Mining and a separate customer to resolve hosting disputes, eliminating large portion of potential liability.
No admission of liability; settlements provide clarity on balance sheet strength according to interim CEO.

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