DayOne Data Centers (DODC) investor relations material

Company overview and business model

• Digital infrastructure platform operating across ten markets; secured 4.6GW of Resources and ~2.3GW of Bookings, primarily from seven hyperscale and technology customers, since inception in 2022.

• Provides data-center space, power and cooling under long-term contracts; substantially all revenue comes from data-center services, with power generally billed on a pass-through basis.

• Modular, prefabricated development model targets gigawatt-scale campuses; Southeast Asia delivery is estimated at 20%–30% below industry cost benchmarks and within 12 months, with mid-teens development yield.

• Footprint spans SIJORI, Greater Bangkok, Kuala Lumpur, Tokyo and Kyushu in Asia, plus Greater Helsinki and Zaragoza in Europe; Malaysia generated 81.5% of FY2025 revenue and 87.0% in H1 2026.

• Customer contracts are predominantly 10–15 years, usually with five-year renewal options; three hyperscale customers each have multi-market Bookings around or above 200MW.

Financial performance and metrics

• Revenue was $178.1M in 2024 and $484.3M in 2025; H1 2026 revenue reached $512.0M, up 238.0% YoY from $151.5M as Billings rose from 213MW to 666MW.

• Net loss widened from $57.6M in 2024 to $367.1M in 2025; H1 2026 net loss was $77.2M versus $12.6M in H1 2025.

• H1 2026 GAAP gross margin was 26.6%; adjusted gross margin was 52.7%, and adjusted EBITDA was $205.9M with a 40.2% margin, versus $48.9M and 32.3% in H1 2025.

• At June 30, 2026: cash and cash equivalents $1.98B, total borrowings $4.43B, finance leases $430.4M and unused credit facilities $1.82B; net cash from operations was $14.0M in H1 2026.

• At September 20, 2026: Capacity In Service 962MW, Capacity Under Construction 1,328MW, Bookings 2.3GW and Pre-Commitment Rate 99.3%; substantially all Bookings are estimated for delivery by Dec. 31, 2028.

Use of proceeds and capital allocation

• Net proceeds are intended primarily for development and construction of new data-center projects, with the balance for working capital and general corporate purposes; management retains discretion over allocation.

• Current Bookings are estimated to require $11.4B to complete, net of costs spent through June 30, 2026; available capital resources are believed sufficient to fund them.

• Capital strategy prioritizes contracted demand, creditworthy counterparties and project returns; future options include diversified debt and equity funding, capital recycling and development joint ventures.