v3.26.1
Operating Segments
 12 Months Ended
Dec. 31, 2025
Operating Segments [Abstract]  
OPERATING SEGMENTS
33 OPERATING SEGMENTS

 

Services from which reportable segments derive their revenues reported to the Company’s chief operating decision maker (CODM – Hoo Voon Him) for the purposes of resource allocation and assessment of segment performance focuses on the types of services provided. Management has chosen to organise the Company around differences in services. Revenue from business strategy consultancy and from Solutions and consultancy is aggregated and reported as one single operating segment for reporting purposes.

 

Segment revenues and results

 

   Revenue   Net profit/(loss) 
   December 31,
2023		   December 31,
2024		   December 31,
2025		   December 31,
2023		   December 31,
2024		   December 31,
2025		 
   US$   US$   US$   US$   US$   US$ 
                         
Business strategy consultancy   14,654,120    14,824,502    10,486,348    4,773,738    4,553,799    (8,681,919)
Technology development, solutions and consultancy   4,472,559    11,412,582    12,935,361    2,161,264    2,594,593    (15,037,186)
Interest income   413,354    1,214,842    2,285,415    225,855    553,014    (1,655,166)
Others   244,715    372,965    380,298    73,039    16,707    (275,723)
Total   19,784,748    27,824,891    26,087,422    7,233,896    7,718,113    (25,649,994)
Other gains and losses                  (112,831)   94,902    (3,356,440)
Interest income                  1,596    4,140    4,908 
Finance cost                  (20,175)   (131,912)   (619,994)
Profit before income tax                  7,102,486    7,685,243    (29,621,520)
Income tax benefit/(expense)                  135,031    (108,416)   (638,107)
Profit for the year                  7,237,517    7,576,827    (30,259,627)

 

Revenue reported above represents revenue generated from external customers, there were no inter-segment sales in 2023, 2024 and 2025.

 

The accounting policies of the reportable segments are the same as the Company’s accounting policies described in Note 2. Segment profit represents the profit earned by each segment without allocation of central administration costs, finance income, finance cost and income tax expense. This is the measure reported to the chief operating decision maker for the purposes of resource allocation and assessment of segment performance.

 

Segment assets

 

   December 31,
2023		   December 31,
2024		   December 31,
2025		 
   US$   US$   US$ 
             
Business strategy consultancy   12,315,497    34,052,672    
-
 
Technology development, solutions and consultancy   3,376,588    26,215,311    115,942,779 
Interest income   8,281,815    2,790,556    
-
 
Investments and others   1,748,462    28,501,201    961,483 
    25,722,362    91,559,740    116,904,262 
Unallocated assets        
-
    
-
 
Consolidated total assets   25,722,362    91,559,740    116,904,262 

 

No geographical segment information presented as Company’s operations are conducted predominantly in Malaysia.