UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 001-38767 DATASEA INC. (Exact name of registrant as specified in its charter) | --- | --- | |--------------------------------------------------|-----------------------| | Nevad ...

Datasea's Top-Line Performance Driven by its Further Penetration of China's 5G AI Applications SegmentBEIJING, Nov. 13, 2024 /PRNewswire/ -- Datasea Inc. (NASDAQ: DTSS) ("Datasea" or the "Company"), a Nevada-based technology firm, today released its financial results for its first fiscal quarter ended September 30, 2024, reporting robust revenue of $21.1 million, representing 206% growth year-over-year. The increase in revenue was primarily due to the continued success of the Company's leading edge 5G AI mu ...

BEIJING, Oct. 21, 2024 /PRNewswire/ -- Datasea Inc. (NASDAQ: DTSS) ("Datasea" or the "Company"), a Nevada-based digital technology company focused on innovative high-tech acoustics and 5G AI multimodal digital technology, today announced that, as of October 15, 2024, the Company closed its Regulation S offering (the "Offering") with three investors, including its two largest shareholders, the Company's CEO and Director, pursuant to which the Company sold the investors an aggregate of 1,932,224 shares of its ...

BEIJING, Oct. 10, 2024 /PRNewswire/ -- Datasea Inc. (Nasdaq: DTSS) ("Datasea" or the "Company"), a Nevada-registered digital technology company focused on innovations in acoustics high-tech and 5G AI multimodal digital technologies, today pre-announced that its revenue for the first quarter of fiscal year 2025, ending September 30, 2024, is expected to be approximately $22.7 million. This represents an increase of approximately $15.8 million, or 230%, compared to $6.88 million in revenue for the first quart ...

财务表现 - 公司2024财年收入为23,975,867美元，同比增长558.6%[382] - 公司2024财年和2023财年的收入分别为23,975,867美元和3,640,690美元，同比增长558.6%[538] - 公司2024财年和2023财年的毛利润分别为474,105美元和135,481美元，同比增长249.9%[539] - 公司2024财年和2023财年的现金余额分别为181,262美元和19,728美元，增加了161,534美元，增幅为8.19倍[540] - 公司2024财年和2023财年的存货余额分别为153,583美元和241,380美元，下降36.37%[541] - 公司2024财年和2023财年的资本公积余额分别为38,957,780美元和24,148,868美元，增加14,808,912美元，增幅为61.32%[542] - 公司2024财年和2023财年的流动租赁负债分别为53,530美元和124,640美元，下降57.05%[543] - 公司2024财年和2023财年的非流动负债分别为0美元和1,427,970美元，下降1,427,970美元[544] - 公司2024财年和2023财年的净现金增加分别为161,534美元和减少144,489美元，累计增加306,023美元[545] 业务发展 - 截至2024年9月20日，公司已收到约人民币1.524亿元(相当于2,137万美元)的大客户5G AI多模态数字业务现金预付款[384] - 公司目前正在执行的合同总价值超过1亿美元[384] - 公司在中国拥有21项专利和139项软件著作权[394] - 公司正积极在美国申请专利,并与美国知名大学和研究机构开展合作[397][399] - 公司通过并购和合资的方式,扩大产品和服务组合,加快在全球市场的布局[400] - 公司在国内外市场实现多元化发展,为客户提供声学高科技和5G AI多模态数字产品[402] - 公司利用先进的声学高科技和人工智能技术,开发了一系列超声波消毒产品,可以有效杀灭新冠病毒等病原体[406][407][409] - 公司在美国设立子公司Datasea Acoustics LLC,计划在美国市场大规模销售声波消毒产品[410] - 公司持续投资5G AI多模态数字技术,为企业客户提供高质量的数据包和新媒体营销等服务[411] - 公司现有的声学健康产品包括多款超声波消毒机型,可应用于医院、机场、酒店等场景[413][414][415] - 公司计划在2025年推出宠物消毒除味净化器、大脑皮质醇调节设备等新产品[418][419] - 公司已与美国Meglio公司、小然坊营销等建立销售合作,通过多渠道拓展国内外市场[426][430][431] - 公司与杭州富博众联科技有限公司签订销售协议，预计销售高达6.91百万美元(50百万人民币)的公司声学高科技产品[432] - 公司与美国上市公司iPower Inc.签订产品合作框架协议，开始在美国在线市场拓展产品分销[434] - 公司的声学高科技产品通过直销团队和选定的分销商及线上渠道合作伙伴进行销售[438] - 公司5G AI多模态数字业务产品实现文本、多媒体、对话消息和增值服务的深度融合[451,453,454] - 公司与青岛睿智一星信息科技有限公司签订5G AI多模态数据充值卡采购协议，预收款1.8998亿美元[460] - 公司与上海Shixun Network Technology Co., LTD.签订协议，在12个月内购买5G AI多模态数据卡，价格从10元到500元不等，截至2024年9月20日已收到1.63百万美元预付款[461] - 公司与武汉Xiaoming Technology Co., LTD.签订协议，在12个月内购买5G AI多模态数据充值卡，价格从10元到500元不等，截至2024年9月20日已收到76.25万美元预付款[462] - 公司与北京Haoteng Chuangxiang Technology Co., Ltd.签订协议，在2024年5月11日至2025年5月10日期间提供约420万美元的5G信息服务[463] - 公司与厦门Duoqiao Mai Network Technology Co., Ltd.的2023年7月至2024年6月营收为406万美元[465] - 公司与青岛Osaidi Network Technology Co., Ltd.的2023年8月至2024年6月营收为468万美元[465] 研发与创新 - 公司建立了多层次的薪酬和激励机制,包括股票激励计划[401] - 公司注重合规管理,优化运营流程,提高效率和盈利能力[403] - 公司持续加强品牌建设和声誉管理,并积极识别和管控各类风险[403] - 公司的研发成果包括5G AI多模态新媒体营销服务平台、5G AI多模态智慧农业(数字乡村)服务平台、5G AI多模态中小企业服务平台和5G AI多模态充值平台等[518] - 公司在声学高科技领域提出"声学效应"概念,并将声学技术和声学效应作为技术体系,研究和应用非听觉机械波效应,在超声技术领域有多种应用[521] 市场前景 - 中国5G市场预计到2030年将达到6.3万亿人民币[441] - 中国多模态AI市场预计到2027年将达到850亿人民币，复合年增长率约22%[442] - 根据预测,到2025年中国5G连接数将达4.6亿,占总连接数的28%,5G消息已成为国际标准[513] - 5G AI多模态数字业务占公司总收入的较大比例,属于物联网市场的早期发展阶段,各方面投入较大[515] 风险管理 - 通过专利收购提升品牌影响力,增强公司在全球声学智能领域的领先地位[565] - 建立智能风险控制系统,提高跨境交易风险识别和应对速度[566]

The Total Value of 5G-AI Contracts Currently in Process Exceeds $100 MM BEIJING, Sept. 26, 2024 /PRNewswire/ -- Datasea Inc. (NASDAQ: DTSS) ("Datasea" or the "Company"), a Nevada-based digital technology company focused on innovative high-tech intelligent acoustics and 5G AI multimodal digital technology, today announced the Company's financial results for its fiscal year ended June 30, 2024, and provided an update on its strategic initiatives.Fiscal Year 2024 Financial HighlightsRevenue. For the fiscal yea ...

Agreements Boost Fiscal 2025 Revenue and Expand Datasea's 5G Application Market Positioning in ChinaBEIJING, Sept. 17, 2024 /PRNewswire/ -- Datasea Inc. (NASDAQ: DTSS) ("Datasea" or the "Company"), a Nevada-based company focused on innovative high-tech acoustics and 5G-Artificial Intelligence ("AI") multimodal digital technology in the United States and China, today announced that, on August 12, 2024, its Chinese subsidiaries, Shuhai Information Technology Co., Ltd. ("Shuhai Information") and Guozhong Times ...

The Prospective Partnership with a Subsidiary of China Mobile, one of the World's Largest Mobile Operator, Underscores DTSS' Achievements in 5G-AI Communications BEIJING, Aug. 6, 2024 /PRNewswire/ -- Datasea Inc. (Nasdaq: DTSS) ("Datasea" or the "Company"), a digital technology company incorporated in Nevada, engaged in innovative businesses in high-tech intelligent acoustics in the United States, and 5G-Artificial Intelligence ("AI") multimodal communication technology in China, today announced that on Jul ...

BEIJING, July 2, 2024 /PRNewswire/ -- Datasea Inc., (NASDAQ: DTSS) ("Datasea" or the "Company"), a Nevada corporation engaged in innovative businesses in high-tech intelligent acoustics and 5G-Artificial Intelligence ("AI") multimodal communication technology in the United States and China, today announced that it entered into a share purchase agreement with a certain institutional investor to purchase 692,308 shares of its common stock (or common stock equivalents in lieu thereof) at an offering price of $ ...

The Three Agreements Support Continued Fiscal Year 2025 Revenue Growth for its Core AI-Based BusinessesBEIJING, July 1, 2024 /PRNewswire/ -- Datasea Inc. (NASDAQ: DTSS) ("Datasea" or the "Company"), a Nevada corporation engaged in innovative businesses in high-tech intelligent acoustics and 5G-Artificial Intelligence ("AI") multimodal communication technology in the United States and China, today announced three new sales agreements with its subsidiaries in China. If the parties to these agreements that tot ...