Key takeaways
Foodie Media Bhd reported a 67.7% increase in net profit to RM15.67 million for its first full year as an ACE Market-listed company. Revenue rose 49.6% to RM55.49 million, driven by strong performance in digital content, influencer marketing, and events.
- Net profit surged 67.7% to RM15.67 million for the financial year ended August 31, 2026.
- Total revenue increased 49.6% to RM55.49 million, outpacing growth in specific business segments.
- The community segment grew over sevenfold to RM7.1 million, aided by the inaugural Monie Fest.
Summarised automatically by AI from the original article by New Straits Times. AI can make mistakes, so check the original for details.
KUALA LUMPUR: Foodie Media Bhd's net profit surged 67.7 per cent to RM15.67 million in its first full financial year as an ACE Market-listed company.
For the financial year ended Aug 31, 2026, Foodie Media's revenue rose 49.6 per cent to RM55.49 million from RM37.09 million a year earlier.
The revenue growth outpaced expansion in the company's digital content, influencer marketing and events business.
For the fourth quarter, its net profit surged more than tenfold to RM4.55 million from RM433,000 a year earlier, while revenue rose 82.5 per cent to a record RM15.82 million from RM8.67 million.