Dalrada Financial (DFCO) Q2 2024 Earnings Report

Dalrada Financial Corporation (DFCO) reported Q2 2024 results with a mixed signal set. Revenue reached $6.08 million, up 15.7% year-over-year but down 43.5% sequentially, indicating a marked quarter-to-quarter deceleration despite strengthening annualized activity. Gross profit was $1.78 million, yielding a gross margin of 29.28%, versus prior periods suggesting ongoing cost structure pressures. Despite some top-line growth, the company posted a substantial operating loss of $4.23 million and a net loss of $5.41 million for the quarter, with an EPS of -$0.0601. EBITDA deteriorated to -$5.00 million, reflecting continued fixed-cost absorption and decentralized segments that have not yet achieved scale.