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VCI (VCIG) - 2024 Q4 - Earnings Call Transcript
2025-05-13 13:02
Financial Data and Key Metrics Changes - Revenue increased by 41% to US$27.8 million, with net income rising to US$7.6 million, reflecting a US$0.4 million increase compared to the previous fiscal year [3][8][12] - EBITDA rose by 13% to US$8.3 million, representing a 30% margin on revenue, while earnings per share increased by 143% to US$0.51 [11] Business Line Data and Key Metrics Changes - Revenue from Business Strategy Consultancy increased by 1% from US$14.7 million in 2023 to US$14.8 million in fiscal year 2024, indicating consistent performance [9] - The Technology Development Solutions and Consultancy segment saw a remarkable growth of 155%, with revenue surging to US$11.4 million from US$4.5 million the previous year [10] Market Data and Key Metrics Changes - The company is expanding its regional footprint with new offices in Singapore and Hong Kong to enhance its cybersecurity and capital market advisory services [5][19] - The upcoming carve-out IPO of V Capital Consulting Group Limited (VCCG) is expected to take place in Q3 2025, reflecting confidence in the long-term potential of the Capital Market Advisory space [16] Company Strategy and Development Direction - The company aims to accelerate the development of a cross-sector platform strategy that integrates AI infrastructure, cybersecurity, fintech solutions, renewable energy assets, and capital market advisory [6][14] - The strategy focuses on creating synergies across sectors to drive sustainable growth and maximize shareholder value [14][15] Management's Comments on Operating Environment and Future Outlook - Management acknowledged a challenging macroeconomic environment but emphasized the importance of strategic investments in talent and infrastructure for long-term growth [4][13] - The company is positioned to capitalize on emerging trends and high-growth sectors, with a commitment to building future-ready infrastructure [26][27] Other Important Information - The company has developed a proprietary cybersecurity as a service solution, CyberSecure, which offers comprehensive real-time protection and automated backup capabilities [23][24] - VGalant's AI infrastructure is designed to navigate geopolitical tensions by providing a flexible solution that minimizes dependency on any single supply chain [20][21] Q&A Session Summary Question: Key financial highlights for fiscal year 2024 - The company reported a 41% increase in revenue and a rise in net profit to US$7.6 million, driven by strong performance in technology and cybersecurity services [12][13] Question: Benefits of cross-sector offerings for shareholders - The cross-sector strategy aims to create synergies that enhance customer lifetime value and reduce acquisition costs, ultimately maximizing shareholder value [14][15] Question: Carve-out IPO of VCCG and broader strategy - The carve-out IPO is part of a strategy to unlock value in high-potential business units, with plans to replicate this model across other fast-growing segments [16][17] Question: International expansion strategy - The company is expanding into the Middle East and has established offices in Singapore and Hong Kong to tap into high-growth markets [19] Question: VGalant's navigation of geopolitical challenges - VGalant offers a flexible AI infrastructure that integrates Eastern and Western technologies, ensuring resilience against geopolitical risks [20][21] Question: Competitive landscape of cybersecurity services - The proprietary CyberSecure solution differentiates the company by providing comprehensive protection and rapid recovery capabilities, along with military-grade encryption [23][24]
VCI (VCIG) - 2024 Q4 - Earnings Call Transcript
2025-05-13 13:00
Financial Data and Key Metrics Changes - VCI Global reported a 41% increase in revenue, reaching $27.8 million, and a net income increase of $0.4 million to $7.6 million compared to the previous fiscal year [4][8][12] - EBITDA rose by 13% to $8.3 million, representing a 30% margin on revenue, while earnings per share increased by 143% to $0.51 [12] Business Line Data and Key Metrics Changes - Revenue from Business Strategy Consultancy increased by 1% from $14.7 million in 2023 to $14.8 million in fiscal year 2024, reflecting consistency in performance [10] - The Technology Development Solutions and Consultancy segment saw a remarkable growth of 155%, with revenue surging to $11.4 million from $4.5 million the previous year [11] Market Data and Key Metrics Changes - The Advisory business, particularly V Capital Consulting Group Limited (VCCG), is preparing for a carve-out IPO, indicating confidence in the long-term potential of the Capital Market Advisory space [6][17] - New offices in Singapore and Hong Kong are aimed at scaling cybersecurity and capital market advisory services, reinforcing the company's regional leadership [6][20] Company Strategy and Development Direction - The company plans to continue accelerating the development of its cross-sector platform strategy, integrating AI infrastructure, cybersecurity, fintech solutions, renewable energy assets, and capital market advisory [7][15] - The carve-out IPO of VCCG is part of a broader strategy to incubate high-potential business units and unlock their value in public markets [17][18] Management's Comments on Operating Environment and Future Outlook - Management expressed pride in the strategic milestones achieved despite a challenging macroeconomic environment, emphasizing investments in talent and infrastructure for future growth [5][14] - The company aims to build future-ready infrastructure that drives recurring value and enhances shareholder returns, with a focus on high-growth sectors [27][28] Other Important Information - VCI Global's proprietary CyberSecure solution offers comprehensive real-time protection and military-grade encryption, setting it apart in the competitive cybersecurity landscape [24][25] - The company is in advanced talks for expansion into the Middle East, aiming to tap into high-growth markets [20] Q&A Session Summary Question: Key financial highlights for fiscal year 2024 - VCI Global achieved a 41% increase in revenue and a net profit rise to $7.6 million, driven by strong performance in technology and cybersecurity services [13][14] Question: Benefits of cross-sector offerings for shareholders - The cross-sector strategy aims to create synergies that drive sustainable growth and maximize shareholder value by integrating multiple services [15][16] Question: Additional carve-out plans for other business segments - The upcoming VCCG IPO is part of a strategy to unlock value in high-potential business units, with plans to replicate this model in AI and cybersecurity [17][18] Question: International expansion strategy - The company has established offices in Singapore and Hong Kong and is in talks for expansion into the Middle East to enhance its global presence [20] Question: Navigating geopolitical tensions with AI infrastructure - VGalant offers a flexible AI infrastructure that minimizes dependency on single supply chains, ensuring resilience amid geopolitical challenges [21][22] Question: Competitive landscape in cybersecurity - VCI Global's CyberSecure solution provides unique features such as automated backup and military-grade encryption, enhancing its competitive edge [24][25]
VCI Global’s High-Growth Fintech Startup Credilab Secures Strategic Investment from Dubai Fund
Globenewswire· 2025-04-30 11:49
US$1 Million Funding to Accelerate Credilab’s Push Toward Unicorn Status and Regional Market LeadershipKUALA LUMPUR, Malaysia, April 30, 2025 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global” or the “Company”) today announced that its fintech subsidiary, Credilab Sdn Bhd (“Credilab”), a fast-scaling digital lending platform, has secured a strategic investment worth US$1 million from Triple Helix Capital Ltd (“Triple Helix”), a leading Dubai-based private investment fund. Credilab is focuse ...
VCI Global to Announce Fiscal Year 2024 Financial Results on May 13, 2025
Globenewswire· 2025-04-29 12:30
Company Overview - VCI Global Limited is a diversified global holding company focusing on sectors such as AI & Robotics, Fintech, Cybersecurity, Renewable Energy, and Capital Market Consultancy [3] - The company has a strong presence in Asia, Europe, and the United States, emphasizing technological innovation and sustainable growth [3] Financial Results Announcement - VCI Global will release its financial results for the fiscal year 2024, which ended on December 31, 2024, before markets open on May 13, 2025 [1] - An earnings call is scheduled for 8:00 a.m. Eastern Time on May 13, 2025, to discuss the financial and business outlook [1] Management Statement - Dato' Victor Hoo, Group Executive Chairman and CEO, expressed excitement about sharing the company's progress and growth during fiscal year 2024 with investors [3]
VCI Global Confirms No Material Impact from U.S. Tariffs, Stays Resilient, and Reaffirms Strong Outlook Amid Global Shifts
Newsfilter· 2025-04-07 12:00
Core Insights - VCI Global Limited has no material exposure to the newly imposed U.S. tariffs and maintains a stable outlook while strengthening its dual-track strategy [1][2] - The company serves as a bridge for U.S. businesses and investors to access high-growth regions in Southeast Asia, leveraging its strategic location in Malaysia and Nasdaq listing [2][3] - VCI Global has a proven track record in advising Southeast Asian companies on successful Nasdaq listings, providing comprehensive support including market entry planning and post-listing advisory [3][4] - The company is accelerating the growth of its fintech, AI-as-a-service, and cybersecurity platforms, which are in high demand as organizations modernize their operations [4][5] - VCI Global's diversified strategy allows it to remain resilient amid global shifts, with a focus on supporting Southeast Asian companies in accessing U.S. capital markets while expanding technology offerings [5]
VCI Global Announces 1-for-20 Reverse Stock Split
Newsfilter· 2025-04-01 15:30
Group 1 - VCI Global Limited has announced a 1-for-20 reverse stock split of its common stock, effective April 3, 2025, to increase the market price per share and regain compliance with Nasdaq listing requirements [1][2]. - The reverse stock split will reduce the number of shares outstanding from approximately 54.5 million to about 2.8 million, with no fractional shares issued [3]. - Vstock Transfer, LLC will act as the exchange agent for the reverse stock split, providing instructions for stockholders on exchanging their physical stock certificates for split-adjusted shares [4]. Group 2 - VCI Global is a diversified holding company focused on sectors such as AI & Robotics, Fintech, Cybersecurity, Renewable Energy, and Capital Market Consultancy, with a strong presence in Asia, Europe, and the United States [5].
VCI Global Unveils DeepAI via V Gallant: Enterprise-Grade AI Without the Heavy Price Tag or Technical Bottlenecks
Newsfilter· 2025-03-27 16:00
Core Viewpoint - VCI Global Limited has launched DeepAI, an AI infrastructure platform aimed at accelerating enterprise adoption of large language models (LLMs) [1][2]. Company Overview - V Gallant Sdn Bhd, a subsidiary of VCI Global, specializes in AI infrastructure and cybersecurity solutions, providing GPU-optimized services with capabilities for distillation, fine-tuning, and inference [2][6]. - The company aims to eliminate the need for capital expenditure and internal AI engineering teams by offering a fully managed AI-as-a-service model through DeepAI [2]. Product Features - DeepAI focuses on data sovereignty and security, allowing businesses to deploy AI models on-premises, through hosted solutions, or within intranet-only environments [3]. - The platform supports custom AI applications tailored to specific enterprise workflows and industry needs, with multiple product tiers available [3][8]. - DeepAI is designed to reduce AI adoption costs and enhance performance by utilizing on-premises processing, which avoids the latency associated with cloud-based solutions [4]. Market Insights - The global AI infrastructure market is projected to reach USD 60.23 billion by 2025, with a compound annual growth rate (CAGR) of 26.60% from 2025 to 2034 [3]. - The on-premises segment is significant within this market, providing greater control over data security and regulatory compliance, particularly for organizations with stable workloads [3]. Strategic Goals - The launch of DeepAI is part of VCI Global's commitment to driving AI transformation in Southeast Asia, focusing on sovereign AI, data protection, and operational automation [5]. - The company aims to establish a full-stack AI infrastructure ecosystem, positioning DeepAI as a core component for enterprise AI deployment [5].
VCI Global Expands AI Footprint with US$33 Million in AI Infrastructure Contracts Across Three Enterprises
Globenewswire· 2025-03-24 12:33
Core Insights - VCI Global Limited has secured three significant contracts worth a total of US$33 million for the deployment of advanced AI infrastructure solutions, aimed at enhancing clients' computing capabilities with a combined processing capacity of 6 trillion parameters within the next 12 months [1][2][6] Group 1: Project Details - The three projects will be completed within 12 months and involve the procurement of necessary hardware and refinement of proprietary software to ensure seamless integration with clients' existing systems [2][3] - The deployment will include AI-optimized servers with Intel processors and NVIDIA GPUs to manage complex AI workloads efficiently [3][4] Group 2: Software and Security Enhancements - Intelligent software solutions will optimize resource management, virtualization, and interoperability with existing IT environments, while AI model tuning and GPU optimization will enhance training speed and inference performance [4][5] - Robust cybersecurity measures, data protection protocols, and compliance frameworks will be implemented to safeguard AI operations, along with 24/7 monitoring and technical support [5][6] Group 3: Strategic Positioning - By integrating advanced hardware, software, and support services, VCI Global positions itself as a key enabler of AI-driven digital transformation, empowering businesses to scale their AI capabilities confidently [6][7] - The increasing demand for AI-powered solutions highlights the company's commitment to providing robust and scalable infrastructure to help organizations unlock AI's full potential [7][8]
VCI Global Disrupts Cybersecurity Market With ‘V Gallant CyberSecure’ – AI-Powered Defense and Military-Grade Encryption Chips
Globenewswire· 2025-03-20 12:33
Core Viewpoint - VCI Global Limited has launched V Gallant CyberSecure, an AI-powered cybersecurity solution designed to protect enterprise systems from ransomware, malware, and advanced cyber threats [1][2]. Company Overview - VCI Global Limited operates through its subsidiary V Gallant Sdn Bhd, focusing on AI infrastructure and cybersecurity solutions [9]. - The company is a diversified global holding entity with interests in AI & Robotics, Fintech, Cybersecurity, Renewable Energy, and Capital Market Consultancy [10]. Product Features - V Gallant CyberSecure integrates AI-driven threat detection with automated, encrypted data protection, providing a dual-layer approach to cybersecurity [2]. - The solution includes The Vault, an encrypted backup system that requires authentication keys for access, ensuring data security from both external and internal threats [3][5]. - The system offers instant rollback capabilities, allowing businesses to restore operations immediately after an attack or system failure [3]. Technological Advancements - The architecture of V Gallant CyberSecure utilizes AI-accelerated encryption chips developed in collaboration with leading technology partners, enhancing cybersecurity performance [4][6]. - The solution accelerates encryption and decryption speeds, ensuring seamless real-time data protection while reducing computational overhead [6]. Market Opportunity - The global cybersecurity market is projected to grow at a compound annual growth rate of 12.9% from 2025 to 2030, driven by increasing demand from institutions and enterprises [4]. - V Gallant CyberSecure operates on a recurring revenue model through annual subscription fees, positioning the company for predictable and scalable growth in the expanding cybersecurity sector [7]. Executive Insight - The Group Executive Chairman and CEO of VCI Global emphasized the need for next-generation solutions that not only prevent attacks but also ensure complete system recoverability without data compromise [8].
VCI Global Disrupts Cybersecurity Market With 'V Gallant CyberSecure' – AI-Powered Defense and Military-Grade Encryption Chips
Newsfilter· 2025-03-20 12:33
Core Viewpoint - VCI Global Limited has launched V Gallant CyberSecure, an AI-powered cybersecurity solution aimed at protecting enterprise systems from various cyber threats, including ransomware and malware [1][2]. Company Overview - VCI Global Limited is a diversified global holding company focusing on sectors such as AI & Robotics, Fintech, Cybersecurity, Renewable Energy, and Capital Market Consultancy [9]. - V Gallant Sdn Bhd, a subsidiary of VCI Global, specializes in AI infrastructure and cybersecurity solutions, providing high-performance GPU hardware and software for AI development [8]. Product Features - V Gallant CyberSecure integrates AI-driven threat detection with automated encrypted data protection, offering a dual-layer approach to cybersecurity [2]. - The solution includes "The Vault," an encrypted backup system that secures critical data and allows for rapid recovery post-attack or system failure [3][6]. - The system employs AI-accelerated encryption chips to enhance performance, ensuring seamless real-time data protection and proactive threat identification [4][7]. Market Opportunity - The global cybersecurity market is projected to grow at a compound annual growth rate of 12.9% from 2025 to 2030, driven by increasing demand from institutions and enterprises [4]. - V Gallant CyberSecure operates on a recurring revenue model through annual subscription fees, positioning the company for predictable and scalable growth in the expanding cybersecurity sector [4].