<span item_type="fundamental" item_id="c5378d5d7f9e1b229a15b305cbb9aea2" counter_id="ST/US/DGXX" env="prod"></span><span item_type="announcement" item_id="648606660103178753" env="prod"></span><p>Revenue: As of FY2026 Q1, the actual value is USD 6.8 M.</p><p>EBIT: As of FY2026 Q1, the actual value is USD -4.7 M.</p><p></p><h4>Financial Highlights (Three Months Ended March 31, 2026)</h4><h4>Revenue</h4><p>Revenue for Digi Power X Inc. was $6.8 million, compared to $9.3 million in Q1 2025, reflecting the planned wind-down of legacy operations as the company transitions to AI compute and colocation revenue <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1854368/000121390026057139/ea029078901ex99-1.htm"></span>.</p><h4>Net Loss</h4><p>Net loss was - $4.7 million, compared to - $1.6 million in Q1 2025, primarily reflecting pre-revenue investment in AI infrastructure capacity, Phase 1 commissioning activity at Columbiana, and growth in corporate headcount supporting the AI build program <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1854368/000121390026057139/ea029078901ex99-1.htm"></span>.</p><h4>Adjusted EBITDA</h4><p>Adjusted EBITDA was $1.1 million, a $2.4 million year-over-year improvement from - $1.3 million in Q1 2025 <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1854368/000121390026057139/ea029078901ex99-1.htm"></span>. EBITDA was - $3.2 million for Q1 2026 <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1854368/000121390026057139/ea029078901ex99-1.htm"></span>.</p><h4>Working Capital</h4><p>Working capital was $67.2 million, a $68.0 million year-over-year increase from - $0.8 million as at March 31, 2025 <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1854368/000121390026057139/ea029078901ex99-1.htm"></span>.</p><h4>Cash and Cash Equivalents (Quarter-End)</h4><p>Cash and cash equivalents were $73 million at quarter-end <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1854368/000121390026057139/ea029078901ex99-1.htm"></span>.</p><h4>Net Fixed Assets</h4><p>Net fixed assets were $26.4 million, up 29% year-over-year from March 31, 2025, reflecting capitalized investment at the Columbiana, Alabama facility <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1854368/000121390026057139/ea029078901ex99-1.htm"></span>.</p><h4>Operational and Post-Quarter Highlights</h4><h4>AI Colocation Agreement</h4><p>Digi Power X Inc. signed a $1.1 billion, 10-year AI colocation agreement with a leading AI infrastructure company, securing long-term contracted revenue <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1854368/000121390026057139/ea029078901ex99-1.htm"></span>.</p><h4>Cash and Cash Equivalents (Post-Quarter)</h4><p>Approximately $125 million in cash and cash equivalents were held as of May 15, 2026 <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1854368/000121390026057139/ea029078901ex99-1.htm"></span>.</p><h4>Digital Assets (Post-Quarter)</h4><p>Approximately $15 million in digital assets were held as of May 15, 2026 <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1854368/000121390026057139/ea029078901ex99-1.htm"></span>.</p><h4>Long-Term Debt</h4><p>Digi Power X Inc. reported zero long-term debt <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1854368/000121390026057139/ea029078901ex99-1.htm"></span>.</p><h4>Year-to-Date Capital Expenditures</h4><p>Approximately $45 million in year-to-date capital expenditures were deployed toward GPU equipment and data center buildout, principally at the Columbiana, Alabama facility <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1854368/000121390026057139/ea029078901ex99-1.htm"></span>.</p><h4>NeoCloudz GPU-as-a-Service</h4><p>NeoCloudz GPU-as-a-Service is live and recognized its first revenues in May 2026 from its initial fleet of NVIDIA B200 and B300 GPUs <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1854368/000121390026057139/ea029078901ex99-1.htm"></span>.</p><h4>Outlook / Guidance (Fiscal 2027)</h4><p>For fiscal 2027, Digi Power X Inc. is targeting total revenue of approximately $250-$300 million across its three operating segments <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1854368/000121390026057139/ea029078901ex99-1.htm"></span>. AI colocation revenue from the Colocation Agreement is expected to contribute approximately $80-$100 million, aiming for aggregate colocation revenues of up to $200 million with 90 MW of AI colocation <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1854368/000121390026057139/ea029078901ex99-1.htm"></span>. GPU-as-a-Service revenue through NeoCloudz is expected to scale to approximately 10 MW, targeting a year-end annualized run rate of up to $100 million, while energy sales are anticipated to contribute approximately $12 million <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1854368/000121390026057139/ea029078901ex99-1.htm"></span>.</p>

Digi Power X | 8-K: FY2026 Q1 Revenue: USD 6.8 M