DIH Holding US Reports $62.9 Million Revenue and $8.7 Million Net Loss for Fiscal Year Ending March 31, 2025

DIH Holding US, Inc. reported a revenue of $62.9 million for the fiscal year ending March 31, 2025, a decrease of 2.5% from the previous year's revenue of $64.5 million. The decline was attributed to a shift in product mix, with customers purchasing a similar number of devices but at lower average sales prices. The company's net loss for the year was $8.7 million, slightly higher than the $8.4 million loss reported in fiscal 2024. This increase in net loss was influenced by a rise in operating expenses, which grew by 21.2% to $39.2 million, primarily due to higher professional and personnel costs associated with becoming a public company.

In terms of operational developments, DIH's customer base remains concentrated in the Europe, Middle East, and Africa (EMEA) regions, which accounted for approximately 58% of total revenue. The Americas contributed 27%, while the Asia Pacific (APAC) region accounted for 15%. The company has also seen a notable increase in deferred revenue, which rose to $12.9 million from $9.9 million in the previous year, indicating a growing backlog of service contracts and equipment maintenance agreements. As of March 31, 2025, DIH employed 178 individuals, with 81% of its workforce located outside the U.S.

Strategically, DIH has made significant moves to enhance its market position, including the acquisition of the SafeGait 360 and SafeGait Active smart mobility trainer systems from Gorbel in October 2022. However, the company recorded an impairment charge of $2.2 million in fiscal 2025 related to the discontinuation of the SafeGait product line. Additionally, the company executed a reverse stock split on October 17, 2025, at a ratio of 1-for-25, aimed at improving its stock price and compliance with Nasdaq listing requirements.

Looking ahead, DIH faces challenges related to liquidity, as it reported cash and cash equivalents of $1.9 million as of March 31, 2025, alongside an accumulated deficit of $43.9 million. The company has received multiple deficiency notices from Nasdaq regarding its compliance with listing standards, raising concerns about its ability to continue as a going concern. Management is actively pursuing additional financing options and implementing cost-reduction strategies to address these challenges. The outlook remains cautious, with expectations of limited revenue growth in fiscal 2026 due to ongoing liquidity constraints and market conditions.