v3.26.3
Consolidated Statements of Cash Flows
 12 Months Ended
Dec. 31, 2025
MYR (RM)
Dec. 31, 2025
USD ($)
Dec. 31, 2024
MYR (RM)
Dec. 31, 2023
MYR (RM)
Cash flows from operating activities        
Profit before tax RM 11,990,753 $ 2,956,301 RM 6,345,785 RM 5,110,267
Adjustments for:        
Finance costs 1,092,275 269,297 1,668,770 503,211
Commission fee for redeemable convertible preference shares 137,912
Loss on redeemable convertible preference shares redemption 704,900
Gain on redeemable convertible preference shares modification (37,092) (9,145)
Contribution by a shareholder 120,000
Other expenses 857
Depreciation charge of property, plant and equipment 136,963 33,768 89,117 47,055
Depreciation of right-of-use assets 509,448 125,604 480,114 236,272
Amortization of intangible assets 471,048 116,136 243,183 16,106
Credit loss on trade receivables 286,974 70,753 661,263 66,915
Changes in assets and liabilities        
Increase in trade receivables (32,262,385) (7,954,237) (21,819,002) (13,855,955)
(Increase)/decrease in prepayments, deposits and other receivables 1,718,490 423,691 298,864 (509,268)
Increase in amounts due from related companies (738,690) (182,123) (40,619) (800)
Decrease in development costs 2,151,248
Increase in other payables 3,825,975 943,288 863,278 105,021
(Decrease)/increase in amounts due to related companies 588,883 145,188 678,900 (21,721)
Increase in trade payables 6,204,025 1,529,592 11,791,451 1,779,550
Income tax paid (71,217) (17,558) (320,690)
Net cash (used in)/generated from operating activities (6,284,550) (1,549,445) 941,271 (3,409,287)
Cash flows from investing activities        
Payments for purchases of property, plant and equipment (1,043,134) (257,183) (97,550) (217,284)
Payments for purchases of intangible assets-related parties (4,049,321) (998,353) (6,387,602) (684,684)
Payments for purchases of intangible assets-third parties (485,482) (119,695) (335,476) (1,021,986)
Advance to related parties (704,196)
Net cash used in investing activities (5,577,937) (1,375,231) (6,820,628) (2,628,150)
Cash flows from financing activities        
Payment of IPO related costs (621,400) (1,147,842)
Proceeds from capital injection from shareholders 820,000
Advances received from/(repayment to) a related party 3,443,291 848,938 (37,431) 1,042,409
Proceeds from/(repayment of) shareholder’s loan (2,000,000) (493,097) (70,925) 1,363,000
Proceeds from bank borrowings 808,000 199,211 69,000
Payment of principal element of bank borrowings (19,214) (4,737) (14,914) (1,914)
Payment of interest element of bank borrowings (9,424) (2,323) (4,056) (796)
Proceeds from the issue of ordinary shares 12,478,247 3,076,491 39,450
Proceeds from the issue of redeemable convertible preference shares 7,989,890 3,609,483
Payment of redeemable convertible preference shares commission fee (137,912)
Interest paid for redeemable convertible preference shares (978,267) (241,190) (355,394) (175,000)
Advances received for redeemable convertible preference shares 918,274
Redemption for redeemable convertible preference shares (405,700) (100,025)
Payment of capital element of lease liabilities (397,706) (98,054) (339,747) (161,857)
Payment of interest element of lease liabilities (231,431) (57,059) (253,389) (124,157)
Net cash generated from financing activities 12,687,796 3,128,155 6,332,084 6,072,688
Effect of foreign currency exchange rate 262,282 64,665 (171,388)
Net increase in cash 1,087,591 268,144 281,339 35,251
Cash – beginning of the year 390,500 96,277 109,161 73,910
Cash – end of the year RM 1,478,091 $ 364,421 RM 390,500 RM 109,161