Hello fellow investors and tech enthusiasts!
Today, we’re diving deep into the latest financial performance of CENSOF HOLDINGS BERHAD, a prominent player in Malaysia’s technology sector. The company has just released its unaudited condensed consolidated financial statements for the fourth quarter and full financial year ended 31 March 2025. This report offers a crucial glimpse into CENSOF’s operational health and strategic direction amidst an evolving digital landscape.
While the fourth quarter presented some challenges, leading to a net loss, the full financial year paints a more resilient picture, demonstrating growth in overall revenue and profit before taxation. This mixed performance, coupled with the company’s strategic positioning in key growth areas like digital technology and financial management solutions, makes this report particularly insightful. Let’s unpack the numbers and see what CENSOF is doing to navigate the market and capitalize on future opportunities.
Key Financial Highlights: A Look at the Numbers
CENSOF’s latest report reveals a dynamic performance, with a full-year positive trajectory despite a challenging final quarter. Here’s a snapshot of the core financial metrics:
Full Financial Year Ended 31 March 2025 (FY2025 vs FY2024)
Revenue
FY2025: RM104,676,000
Revenue (FY2024)
RM101,261,000
The Group’s revenue for the full financial year increased by 3.4% to RM104.68 million, up from RM101.26 million in the previous financial year. This indicates a steady top-line growth for the company over the year.
Profit Before Taxation (PBT)
FY2025: RM8,184,000
Profit Before Taxation (PBT) (FY2024)
RM7,555,000
Profit Before Taxation saw a healthy 8.3% increase to RM8.18 million for the full year, compared to RM7.56 million last year. This suggests improved operational efficiency or better margins over the cumulative period.
Profit After Taxation (PAT)
FY2025: RM3,700,000
Profit After Taxation (PAT) (FY2024)
RM5,113,000
Despite the positive PBT trend, Profit After Taxation for the full year decreased by 27.6% to RM3.70 million from RM5.11 million. This significant drop is primarily due to a higher income tax expense of RM4.48 million in FY2025, compared to RM2.44 million in FY2024.
Earnings Per Share (EPS)
FY2025: 0.52 sen
Earnings Per Share (EPS) (FY2024)
0.80 sen
Reflecting the lower net profit, basic earnings per share for the full year stood at 0.52 sen, a decline from 0.80 sen in the previous year.
Fourth Quarter Ended 31 March 2025 (Q4 FY2025 vs Q4 FY2024)
The fourth quarter presented a different picture compared to the full year, with a decline in revenue and a net loss.
Revenue
Q4 FY2025: RM24,873,000
Revenue (Q4 FY2024)
RM27,741,000
Quarterly revenue decreased by 10.3% to RM24.87 million, primarily due to lower contributions from the Financial Management Solution – Government (FMS-G), Financial Management Solution – Commercial & SME (FMS-C), and Wealth Management Solutions (WMS) segments.
Profit Before Taxation (PBT)
Q4 FY2025: RM1,665,000
Profit Before Taxation (PBT) (Q4 FY2024)
RM2,463,000
Quarterly PBT decreased by 32.4% to RM1.67 million. This was largely influenced by a higher elimination for intercompany dividend amounting to RM5.15 million, which impacted the Group’s overall profitability for the quarter.
Profit After Taxation (PAT)
Q4 FY2025: (RM785,000)
Profit After Taxation (PAT) (Q4 FY2024)