Datavault AI (DVLT) investor relations material

Executive summary

• Q3 2025 revenue surged 148% year-over-year to $2.9M, driven by the CSI acquisition and strong performance in audio technology and Datavault Platform, with nine-month revenue up 197% to $5.3M.

• Strategic shift to a scalable, nimble business model, with global expansion, new partnerships, and licensing agreements fueling growth.

• Major focus on tokenization of real-world assets (RWA), with new exchanges, technology platforms, and a robust licensing pipeline being launched.

• Management highlights global attention and adoption of advanced data monetization solutions, positioning for leadership in RWA tokenization.

• Significant acquisitions included CompuSystems, Inc. (CSI), Data Vault assets, and API Media, expanding data management and event services.

Financial highlights

• Q3 2025 revenue: $2.9M (up 148% year-over-year and 67% sequentially); nine-month revenue: $5.3M (up 197%).

• Gross profit margin declined to 3% in Q3 2025 from 19% a year ago due to lower-margin CSI revenue.

• Net loss for Q3 2025 was $33.0M, and $79.7M for the nine months, reflecting higher operating and financing costs.

• Revenue guidance for 2025 raised to at least $30M and for 2026 to over $200M, driven by licensing and tokenization deals.

• $150 million strategic equity investment received, with $7.8M–$8M already in and the remainder pending shareholder approval.

Outlook and guidance

• FY 2025 revenue guidance increased to a minimum of $30M, with 2026 guidance raised to exceed $200M, reflecting scaling in Acoustic Science and Data Science divisions.

• Aggressive revenue targets set, with management aiming to inspire high performance and not set a low bar.

• Guidance increase driven by pipeline in gold, diamonds, tin, geothermal, and other RWA tokenization deals.

• Management expects continued operating losses due to ongoing R&D, product expansion, and market share initiatives.

• Additional capital will be required within 12 months to support operations; substantial doubt exists about the ability to continue as a going concern.