Malaysian retail investors, let’s dive into the latest financial pulse of MLABS SYSTEMS BERHAD (MLABS) for the quarter ended 31 March 2025. This report offers a compelling narrative of strategic shifts and an encouraging step towards profitability, despite facing a dynamic market landscape. While the company continues to navigate challenges, its latest figures reveal a significant reduction in losses and a clear strategic roadmap for future growth. It’s a report that merits a closer look!
Navigating the Numbers: A Closer Look at Performance
MLABS SYSTEMS BERHAD has demonstrated a notable improvement in its financial performance for the quarter ended 31 March 2025 compared to the same period last year. Let’s break down the key figures:
Current Quarter (31 March 2025)
- Revenue: RM6.49 million
- Gross Profit: RM3.42 million
- Gross Profit Margin: 52.7%
- Loss Before Tax: RM(1.97) million
- Loss After Tax: RM(2.00) million
- Loss Attributable to Owners: RM(2.21) million
Preceding Year Quarter (31 March 2024)
- Revenue: RM5.63 million
- Gross Profit: RM1.89 million
- Gross Profit Margin: 33.5%
- Loss Before Tax: RM(4.78) million
- Loss After Tax: RM(4.86) million
- Loss Attributable to Owners: RM(3.89) million
The company’s revenue for the quarter saw a healthy 15% increase, rising from RM5.6