Autocount Dotcom Berhad (ADB) Q1 2025 earnings summary

Executive summary

• Revenue for Q1 2025 surged 86.96% year-over-year to RM25.55 million, driven by strong demand for financial management software, especially the e-invoicing module.

• Profit before tax rose 235.42% year-over-year to RM18.03 million, with a PBT margin of 70.55%.

• Malaysia contributed 94.15% of total revenue, with Singapore as the main overseas market.

Financial highlights

• Gross profit increased to RM22.63 million from RM9.11 million year-over-year.

• Net profit after tax reached RM13.65 million, up from RM4.07 million in Q1 2024.

• Basic and diluted EPS rose to 2.48 sen from 0.74 sen year-over-year.

• Net assets per share increased to RM0.12 from RM0.11 at year-end 2024.

Outlook and guidance

• Industry growth expected due to digitalisation, government grants, and SME digital transformation initiatives.

• Expansion plans and new product launches, such as AutoCount e-Invoicing and OneSales PalmPOS, are expected to support future growth.

• RM50 million in government grants under Budget 2025 to accelerate SME digital adoption.