DIH reports 42% revenue growth to $47.1M for nine months ended Dec 31, 2023; adjusted EBITDA positive $0.5M

DIH HOLDING US, INC.

2024-FY EPS reported -$0.32 revenue$64,473,000

Revenue $47.1M, +42.1% YoY; device revenue $36.9M (+47.3%), services $8.8M (+17.3%).
Gross profit $23.2M, +27.4% YoY; adjusted EBITDA $0.5M.
Cash and equivalents $2.8M as of Dec 31, 2023.
Strong sales in Europe, Americas, Asia; favorable FX impact ~$1.7M from Euro fluctuations.
Selling, general & admin expense $19.9M (+9%) due to public listing preparation costs.

item 2.02 item 7.01 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

DIH HOLDING US, INC. reported the nine months ended December 31, 2023 results: revenue $47.1 million.

Period: the nine months ended December 31, 2023
Revenue: $47.1 million
Result: reported results

Exact text from the filing

Revenue of $47.1 million for the nine months ended December 31, 2023, representing growth of 42.1% over the prior year period

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Source: SEC EDGAR

accession 0001493152-24-017086

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