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Recent press releases and 8-K filings for DMNIF.
Damon Reports Fiscal Year 2025 Results and Strategic Business Update
DMNIF
Earnings
New Projects/Investments
CEO Change
- Damon Inc. reported a net loss of approximately $5.35 million for fiscal year 2025 (ended June 30, 2025), a significant improvement from the prior year's $33.97 million net loss. The company also saw total cash increase to $2.5 million and total liabilities reduce to $14.0 million by June 30, 2025.
- In September 2025, Damon announced a $30 million Regulation A+ equity offering to advance its personal mobility products and AI-enabled connected vehicle strategy.
- The company launched its Damon I/O™ Platform in June 2025, an AI-enabled rider intelligence and connected services platform, and has transitioned to an asset-light business model focused on technology provision and licensing.
- Dominique Kwong was appointed CEO and Shashi Tripathi as Chairman of the Board. Damon's shares began trading on the OTC market under "DMNIF" in May 2025.
Sep 30, 2025, 1:00 PM
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