ARB IOT (ARBB) H1 2025 earnings summary

Executive summary

• Report covers unaudited results for the six months ended December 31, 2024, with comparative restated figures for 2023.

• Group operates in IoT solutions and investment holding, with all functional currency in RM.

• No longer a controlled company under Nasdaq Rules after changes in shareholding structure in 2024.

Financial highlights

• Revenue rose to RM 82.7 million for the six months ended December 31, 2024, up from RM 31.6 million year-over-year.

• Net loss widened to RM 27.5 million from RM 19.2 million year-over-year.

• Gross profit increased to RM 2.75 million from RM 2.79 million year-over-year.

• Basic and diluted loss per share was RM 1.04, compared to RM 0.73 in the prior year.

• Cash and bank balances at period end were RM 23.1 million, down from RM 33.4 million at June 30, 2024.

Outlook and guidance

• No material events subsequent to December 31, 2024, requiring disclosure or adjustment.