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VCI (VCIG) - 2024 Q4 - Earnings Call Transcript
VCIGVCI (VCIG)2024-04-30 13:14

Financial Data and Key Metrics Changes - The company reported a remarkable 145% increase in revenue, reaching 19.8million,anda5719.8 million, and a 57% increase in net income to 7.2 million compared to the previous fiscal year [12][14] - Earnings per share grew by 62% to 0.21[7]EBITDAincreasedby1250.21 [7] - EBITDA increased by 125% to 7.3 million, while operating income rose over 128% to 7.1million[16]BusinessLineDataandKeyMetricsChangesCapitalmarketconsultancyrevenuesurgedby2657.1 million [16] Business Line Data and Key Metrics Changes - Capital market consultancy revenue surged by 265% [5] - Technology consulting revenue grew by 13% to 4.5 million, focusing on IT consultancy and system development in the Fintech industry [6] Market Data and Key Metrics Changes - As of December 31, 2023, the company is advising 10 clients in the process of going public on NASDAQ [6] Company Strategy and Development Direction - The company aims to broaden its scope of IPO advisory services in the Southeast Asia region, driven by strong performance and expanded capabilities [4] - The company is well-positioned for further market expansion, leveraging its market exposition, diverse services, and talented teams [4] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the opportunities ahead, citing growing demand for services and an evolving tech landscape [4] - The fiscal year 2023 results underscore the company's commitment to delivering value and driving sustainable growth [8] Other Important Information - The company emphasizes the importance of non-GAAP financial measures in evaluating performance, which should not be considered substitutes for GAAP measures [2] Q&A Session Summary - The Q&A session did not contain specific questions or answers as the call concluded without further inquiries [20]