Autocount Dotcom Berhad (ADB) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2026 was RM14.47 million, down 43.37% year-over-year due to normalization after high prior-year e-Invoicing demand.

• Profit before tax (PBT) fell 65.28% year-over-year to RM6.26 million, but PBT margin remained strong at 43.27%.

• Sequentially, revenue grew 3.71% and PBT increased 22.22% from the previous quarter, driven by higher cloud-native software sales and lower costs.

Financial highlights

• Gross profit for Q1 2026 was RM11.30 million, compared to RM22.63 million a year ago.

• Net profit after tax was RM4.86 million, down from RM13.65 million year-over-year.

• Basic and diluted EPS for the quarter was 0.88 sen, compared to 2.48 sen in Q1 2025.

• Cash and cash equivalents at quarter-end were RM14.38 million.

Outlook and guidance

• Focus remains on expanding SaaS offerings and transitioning to a subscription model to boost recurring revenue.

• Plans for regional expansion and potential strategic acquisitions to strengthen market presence.

• Board remains cautiously optimistic, supported by digitalisation trends and innovation.