OASIS HOME HOLDING BERHAD’s Q3 FY2025: A Deep Dive into Their First Interim Report Post-IPO
Greetings, fellow investors and market watchers! Today, we’re unboxing the unaudited interim financial report for OASIS HOME HOLDING BERHAD, covering their third quarter ended 31 March 2025. This report is particularly significant as it marks their first interim financial disclosure since their recent listing on the ACE Market of Bursa Securities, providing us with a fresh look at their performance and strategic direction.
OASIS HOME HOLDING BERHAD, a company focused on marketing and selling consumer lifestyle products in Malaysia, has unveiled figures that paint a picture of a business with clear growth momentum, predominantly driven by its direct-to-consumer (D2C) segment. While we don’t have comparative quarterly data from the previous year, as this is their inaugural interim report post-IPO, the current numbers offer valuable insights into their operational strength and future potential.
Key Takeaway: OASIS HOME HOLDING BERHAD recorded a robust RM13.00 million in revenue for Q3 FY2025, contributing to a cumulative RM52.06 million for the nine-month period. Profitability remains strong, with a notable gross profit margin driven by product mix.
Unpacking the Financial Highlights
Let’s break down the core numbers that define OASIS HOME HOLDING BERHAD’s performance for this period. As mentioned in the report, comparative figures for the preceding corresponding quarter (31 March 2024) are not available, as no interim financial report was prepared for that period. Therefore, we will focus on the current quarter’s performance and its contribution to the year-to-date figures.
Overall Performance – Q3 FY2025 (3 Months Ended 31 March 2025) and 9 Months Ended 31 March 2025
The Group’s financial results demonstrate a solid operational quarter:
| Financial Metric | Individual Quarter (3 months ended 31 Mar 2025) | Cumulative Quarter (9 months ended 31 Mar 2025) |
|---|---|---|
| Revenue | RM13,002,000 | RM52,056,000 |
| Gross Profit | RM7,746,000 | RM24,813,000 |
| Profit Before Tax (PBT) | RM3,423,000 | RM10,993,000 |
| Profit After Tax (PAT) | RM2,468,000 | RM8,005,000 |
| Basic and Diluted Earnings Per Share (sen) | 0.49 | 1.60 |
For the individual quarter, OASIS HOME HOLDING BERHAD achieved a gross profit (GP) of RM7.75 million, translating to an impressive GP margin of 59.6%. This higher margin is primarily attributed to better margins from wellness products sold during the quarter. Looking at the cumulative nine-month period, the Group’s GP stood at RM24.81 million, with a GP margin of 47.6%, largely due to improved margins from home and living products marketed and sold during the financial period.
It’s worth noting that administrative expenses for both the individual and cumulative quarters included one-off initial public offering (IPO) expenses of RM0.13 million and RM0.17 million respectively, which had a slight impact on the overall profitability figures.
Segmental Performance: D2C Dominance
OASIS HOME HOLDING BERHAD’s revenue continues to be overwhelmingly driven by its Direct-to-Consumer (D2C) segment, underscoring its successful engagement with retail customers:
- For the current quarter, the D2C segment contributed RM12.54 million, representing 96.5% of total revenue. The Business-to-Business (B2B) segment accounted for the remaining RM0.46 million (3.5%).
- Over the nine-month period, D2C sales reached RM51.15 million (98.3% of total revenue), with B2B contributing RM0.91 million (1.7%).
Within the D2C segment, live commerce remains the undisputed leader, generating RM7.28 million (56.0% of Q3 revenue) and a substantial RM35.07 million (67.4% of 9-month revenue). This strong performance is driven by the Group’s consistent introduction of new products through its routine live commerce sessions.
Third-party e-commerce marketplaces and digital marketing platforms also played a significant role, contributing RM3.72 million (28.6% in Q3) and RM10.38 million (20.0% in 9 months), a testament to the Group’s intensified digital marketing efforts to expand customer reach. While mobile application and website sales, along with offline channels, contributed smaller percentages, their presence rounds out a comprehensive sales strategy. The report notes that consumer preference for live commerce platforms, which offer a more immersive and interactive shopping experience, led to a relatively lower contribution from mobile application/website and offline channels.
Financial Health and Liquidity
A look at the balance sheet and cash flow statements provides further insight into the company’s financial standing. We can compare the financial position as at 31 March 2025 with the audited figures as at 30 June 2024.
Statement of Financial Position
As at 31 March 2025
Total Assets: RM55,363,000
Total Equity: RM33,691,000
Total Liabilities: RM21,672,000
Net Assets per Share: RM0.07
Cash and Short-Term Deposits: RM14,527,000
Total Borrowings: RM16,536,000
As at 30 June 2024
Total Assets: RM50,447,000
Total Equity: RM29,891,000
Total Liabilities: RM20,556,000
Net Assets per Share: RM0.06
