ARBB

MKT CAP:$8M

ARB IOT Group Limited

Market Cap

$8M

Technology·Information Technology Services· Malaysia·NASDAQ

Technology·IT Services·NASDAQ

Stock Price

$4.31-$1.46 (-25.30%)

Apr 20, 2026

Company Details

ARB IOT Group Limited, through its subsidiaries, provides Internet of Things (IoT) system solutions, and system integration and support services. It also offers IoT smart home and building solutions, such as design, procurement, and provisi...

CEO

Kok Leong Liew

IPO Date

Apr 5, 2023

Website

www.arbiotgroup.com

Key Metrics TTM

Revenue

$63M

-63.3% YoY

Net Income

-$31M

EPS (Diluted)

-$11.14

Free Cash Flow

$7M

Revenue / Share

$35.92

Gross Margin

-11.2%

Operating Margin

-46.3%

Net Margin

-49.6%

FCF Margin

11.1%

P/S

0.1x

P/E

—

Earnings Reports

FY 2025

Oct 31, 2025

$48MEPS -$9.76

Q4 2025

Oct 31, 2025

$28M+315.6%EPS -$6.03

Q2 2025

Dec 30, 2024

$21M+161.4%EPS -$3.94

Q4 2024

Jun 30, 2024

$7M-77.6%EPS -$0.59

Q2 2024

Dec 30, 2023

$8M-74.4%EPS -$0.58

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q2 21	$9M	$875.4K	$423.9K
Q4 21	$3M	$2M	$1M
Q2 22	$43M	$9M	$8M
Q4 22	$68M	$16M	$14M
Q2 23	$31M	$4M	$556.9K
Q4 23	$30M	$9M	$5M
Q2 24	$8M	-$4M	-$16M
Q4 24	$7M	-$695.2K	-$827.9K
Q2 25	$21M	$694.0K	-$6M
Q4 25	$28M	-$3M	-$6M

Valuation

Quarter	P/S	P/E
Q2 21	—	—
Q4 21	—	—
Q2 22	—	—
Q4 22	0.8x	4.4x
Q2 23	0.7x	4.2x
Q4 23	0.4x	2.4x
Q2 24	0.3x	10.3x
Q4 24	0.2x	—
Q2 25	0.2x	—
Q4 25	0.2x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q2 21	-$8M	-$8M
Q4 21	$9M	$9M
Q2 22	$4M	$4M
Q4 22	$4M	-$10M
Q2 23	$12M	-$6M
Q4 23	$2M	$2M
Q2 24	$20M	$13M
Q4 24	-$6M	-$6M
Q2 25	-$2M	-$2M
Q4 25	$3M	$3M

Capital Expenditures

Quarter	CapEx
Q2 21	$0
Q4 21	$0
Q2 22	$817
Q4 22	$14M
Q2 23	$18M
Q4 23	$9.5K
Q2 24	$8M
Q4 24	$0
Q2 25	$0
Q4 25	$1

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q2 23	+229.6%	+238.9%
Q4 23	+822.4%	+1301.0%
Q2 24	-81.6%	-32.0%
Q4 24	-90.2%	-86.0%
Q2 25	-33.1%	-12.2%
Q4 25	-6.9%	+36.2%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q2 21	$0	0.0%
Q4 21	$0	0.0%
Q2 22	$0	0.0%
Q4 22	$0	0.0%
Q2 23	$0	0.0%
Q4 23	$0	0.0%
Q2 24	$0	0.0%
Q4 24	$0	0.0%
Q2 25	$0	0.0%
Q4 25	$0	0.0%

OpEx Breakdown

Quarter	G&A	S&M	SG&A
Q2 21	$451.4K	—	—
Q4 21	$236.5K	$29.1K	—
Q2 22	$972.9K	$14.8K	—
Q4 22	$2M	$12.8K	—
Q2 23	$3M	$13.6K	—
Q4 23	$4M	$12.8K	—
Q2 24	$12M	$14.8K	—
Q4 24	$125.3K	$7.4K	—
Q2 25	$7M	$185.6K	—
Q4 25	—	—	$4M

War Chest

Quarter	Cash	Short-term Investments	Total
Q2 21	$0	$7M	$7M
Q4 21	$2M	$0	$2M
Q2 22	$6M	$1M	$7M
Q4 22	$7M	$0	$7M
Q2 23	$9M	$0	$9M
Q4 23	$8M	$0	$8M
Q2 24	$8M	$4M	$11M
Q4 24	$3M	$0	$3M
Q2 25	$555.9K	$0	$555.9K
Q4 25	$8M	$0	$8M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q2 21	0	—	—
Q4 21	0	—	—
Q2 22	667K	—	—
Q4 22	667K	0.0%	—
Q2 23	1M	+84.0%	—
Q4 23	2M	+39.2%	—
Q2 24	1M	-14.1%	+120.0%
Q4 24	2M	+40.3%	+208.8%
Q2 25	2M	-14.4%	+43.7%
Q4 25	2M	+0.2%	+3.4%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q2 21	—	—
Q4 21	—	—
Q2 22	—	—
Q4 22	—	—
Q2 23	—	—
Q4 23	$5M	6
Q2 24	$1M	6
Q4 24	$1M	6
Q2 25	$3M	6
Q4 25	$6M	5

Revenue / Employee