DHTI Dalrada Technology Group, Inc.

Overview and Growth

In fiscal 2025, Dalrada Technology Group, Inc. recorded $20.30M of revenue, net loss of $24.65M, and an operating cash outflow of $17.97M. At $20.30M, the top line establishes the operating scale supporting the company’s profit and cash-flow profile. Compared with $19.84M in fiscal 2024, revenue recorded a 2.3% year-over-year increase. The company reported diluted EPS of -$0.23, adding a shareholder-level measure to the absolute income figures considered below. At period end, total assets were $18.36M, framing the scale of the company’s operating and financing commitments. The revenue-to-assets relationship was 1.11x, showing the sales generated relative to the resources carried on the balance sheet.

Profitability

The first profit layer was $5.30M of gross profit, the amount available after reported direct revenue costs to absorb operating expenses. Gross margin was 26.1%, so that share of each revenue unit remained after the cost of revenue reported for the period. Operations produced a $20.46M operating loss before non-operating and tax effects. An operating margin of -100.8% reflected costs exceeding revenue-level gross profit by 100.8% of sales. The company ended the period with a net loss of $24.65M, extending the operating result through all remaining items. Net margin was -121.4%, reflecting a loss equal to 121.4% of reported revenue. The company reported negative EBITDA of $19.46M, adding a pre-interest, tax, depreciation, and amortization view of the operating shortfall. The company reported a pretax loss of $24.66M, before the effect of income taxes. The pretax loss equaled 121.5% of revenue, measuring the pre-tax deficit against sales. Income tax expense totaled $9.60K, providing the reported tax component that separates pretax and after-tax earnings. The loss-to-assets relationship was 134.2%, placing the bottom-line deficit against the company’s resource base. The bottom-line deficit decreased from $28.95M in fiscal 2024 to $24.65M.

Liquidity and Capital Structure

Total assets were $18.36M, supported by $25.05M of liabilities and -$6.69M of shareholder equity. The company reported negative equity of -$6.69M, a capital deficit that reduces its ability to absorb losses through book equity. The near-term balance sheet paired $7.74M of current assets with $15.74M of current liabilities at the reporting date. At 0.49x, current liabilities exceeded current assets and placed pressure on the company’s near-term liquidity position. The company held $172.79K in cash and equivalents, a narrower liquidity measure than total current assets. Cash and equivalents represented 1.1% of current liabilities, showing the portion of near-term obligations matched by reported cash alone. Book equity represented -36.4% of total assets, quantifying the balance-sheet share supported by shareholder capital. Relative to total assets, liabilities measured 136.4%, complementing the separate equity-based view of the company’s capital structure. Cash and equivalents equaled 0.9% of total assets, showing the liquid cash component within the company’s broader resource base. Total assets were 20.4% lower than fiscal 2024 assets of $23.07M, measuring the company’s own balance-sheet change. Reported equity changed 299.9% from $3.35M in fiscal 2024, placing the current capital base lower year over year. The reported cash balance changed 65.6% from $501.93K in fiscal 2024, ending lower year over year.

Cash Flow and Earnings Quality

The company reported an operating cash outflow of $17.97M, rather than cash generation from operations. The company spent $374.45K on capital expenditures while operations also absorbed cash, so both ongoing activity and investment drew on liquidity during the period. The company recorded a $18.35M cash deficit after capital spending for the period. Relative to revenue, the post-investment cash deficit represented 90.4%. Relative to total assets, the post-investment cash deficit measured 99.9%.

Based on the annual report for the fiscal year ending Jun 30, 2025. Analysis generated Oct 21, 2026.