Why Did DigiAsia Corp (FAAS) Soar 13.67%? Strong Earnings, Optimistic Outlook

DigiAsia Corp (FAAS) has surged 13.67% in pre-market trading on June 13, 2025, marking a significant rise in its stock price.

DigiAsia Corp (FAAS) has reported strong financial results for the first half of 2024, achieving a 45% revenue growth compared to the same period in 2023. The company's revenue reached $51.1 million, up from $35.3 million in the first half of 2023. Additionally, net losses have significantly improved, decreasing by 59% to -$1.48 million from -$3.68 million.

DigiAsia Corp (FAAS) has also issued an optimistic outlook for the coming quarters, indicating strong performance and growth potential. The company's financial results and positive outlook have contributed to the surge in its stock price, reflecting investor confidence in its future prospects.