ARB IOT Group Limited (ARBB)

Market Cap	29.61M
Revenue (ttm)	242.13M
Net Income (ttm)	25.83M
Shares Out	26.44M
EPS (ttm)	0.24
PE Ratio	4.57
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	58,091
Open	1.110
Previous Close	1.130
Day's Range	1.070 - 1.150
52-Week Range	0.697 - 5.190
Beta	n/a
Analysts	Strong Buy
Price Target	8.00 (+614.29%)
Earnings Date	May 7, 2024

About ARBB

ARB IOT Group Limited, through its subsidiaries, provides Internet of Things (IoT) system solutions, and system integration and support services in Malaysia. It offers IoT smart home and building solutions, such as design, procurement, and provision of smart home products and devices; integration services; and electrical wire installation and home data network setup for homeowners, as well as provides smart building solutions, including design, procurement, installation, testing, pre-commissioning and commissioning of various IoT systems, solut...

• Industry: Information Technology Services
• Sector: Technology
• IPO Date: Apr 5, 2023
• Employees: 41
• Stock Exchange: NASDAQ
• Ticker Symbol: ARBB

Financial Performance

In 2023, ARB IOT Group's revenue was 242.13 million, a decrease of -45.35% compared to the previous year's 443.02 million. Earnings were 25.83 million, a decrease of -64.89%.

Financial numbers in MYR

Analyst Forecast

According to one analyst, the rating for ARBB stock is "Strong Buy" and the 12-month stock price forecast is $8.0.

Price Target

$8.0

(614.29% upside)

Analyst Consensus: Strong Buy