🟢 DXN is trading 5% up today after record backlog reached A$40 million

DXN is trading at A$0.41 (+5.06%) after investors reassessed its FY26 results and forward backlog.

• FY26 revenue fell 33% to A$10.1 million after customer project deferrals
• Record backlog reached A$40 million, with approximately 45% expected as 1H FY27 revenue
• Recovery reflects renewed optimism around AI infrastructure demand, despite weak historical profitability