VivoPower Reports Unaudited First Quarter Fiscal Year 2027 Financial Results
VivoPower PLC announced its unaudited financial results for the first quarter of fiscal year 2027, reporting revenue of US$6.8 million and a net profit of US$0.6 million.
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VivoPower PLC Executes Heads of Agreement with Open Innovation AI
VivoPower PLC has entered into a definitive heads of agreement with UAE-based Open Innovation AI to explore a joint venture for AI-powered data center infrastructure.
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VivoPower Reports Unaudited First Quarter Fiscal Year 2027 Results with Revenue of US$6.8 Million, Net Profit of US$0.6 Million and Positive Operating Cash Flow of US$2.1 Million
VivoPower PLC reported Q1 FY2027 results showing significant improvement with US$6.8 million in revenue (primarily from Mo i Rana data center in Norway), net profit of US$0.6 million, and positive operating cash flow of US$2.1 million, compared to a net loss of US$7.4 million in the prior year period. The company also secured US$50 million in PIPE convertible financing and announced plans to establish a separate Singapore-headquartered AI infrastructure company.
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VivoPower Board Approves Creation Of Separate, Independent Singapore-Based AI Infrastructure Firm
VivoPower PLC (NASDAQ:VIVO) ("VivoPower" or the "Company"), a B Corp-certified global developer and owner of powered land and data center infrastructure for AI compute applications, today announced that