Income Statement Mlabs Systems

Stocks

0085

MYQ0085OO009

Software

Market Closed - BURSA MALAYSIA 04:50:02 2026-09-28 EDT			5-day change	1st Jan Change
0.0450 ^MYR	+12.50%		+12.50%	-18.18%

08-28	Mlabs Systems Berhad Reports Earnings Results for the Third Quarter and Nine Months Ended June 30, 2026	CI
08-28	Mlabs Systems Berhad Announces the Resignation of Prof Emeritus Dr Sureswaran Ramadass as Member of Risk Committee, Effective from August 28, 2026	CI

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Published financial data: MLABS SYSTEMS

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: September	2021 (MYR)	2022 (MYR)	2023 (MYR)	2024 (MYR)	2025 (MYR)
Revenues	10.58M	20.87M	22.49M	26.72M	26.73M
Total Revenues	10.58M	20.87M	22.49M	26.72M	26.73M
Cost of Goods Sold, Total	9.27M	14.82M	10.39M	16.79M	13.93M
Gross Profit	1.32M	6.05M	12.1M	9.93M	12.8M
Selling General & Admin Expenses, Total	18.73M	17.99M	20.13M	22.51M	22.31M
Provision for Bad Debts	-	-	1.06M	1.29M	1.82M
Other Operating Expenses	241K	5.82M	5.32M	5.32M	261K
Other Operating Expenses, Total	18.97M	23.81M	26.51M	29.13M	24.39M
Operating Income	-17.66M	-17.76M	-14.41M	-19.19M	-11.6M
Interest Expense, Total	-46.1K	-397K	-147K	-304K	-122K
Interest And Investment Income	993K	500K	634K	457K	379K
Net Interest Expenses	947K	104K	488K	153K	257K
Currency Exchange Gains (Loss)	-	270K	1.01M	20.79K	36.8K
Other Non Operating Income (Expenses)	-	-	-301K	58.56K	-12.58M
EBT, Excl. Unusual Items	-16.71M	-17.39M	-13.21M	-18.96M	-23.89M
Impairment of Goodwill	-	-	-	-	-
Gain (Loss) On Sale Of Investments	1.34M	3.66M	2.65M	741K	242K
Gain (Loss) On Sale Of Assets	-	-	2.37M	-	2.16M
Asset Writedown	-584K	-	-	-	-
EBT, Incl. Unusual Items	-15.95M	-13.73M	-8.18M	-18.22M	-21.48M
Income Tax Expense	-	614K	608K	126K	292K
Earnings From Continuing Operations	-15.95M	-14.34M	-8.79M	-18.35M	-21.77M
Net Income to Company	-15.95M	-14.34M	-8.79M	-18.35M	-21.77M
Minority Interest	914K	1.31M	1.51M	3.59M	616K
Net Income - (IS)	-15.04M	-13.04M	-7.29M	-14.76M	-21.16M
Net Income to Common Incl Extra Items	-15.04M	-13.04M	-7.29M	-14.76M	-21.16M
Net Income to Common Excl. Extra Items	-15.04M	-13.04M	-7.29M	-14.76M	-21.16M
Per Share Items
Net EPS - Basic	-0.46	-0.19	-0.1	-0.2	-0.08
Basic EPS - Continuing Operations	-0.46	-0.19	-0.1	-0.2	-0.08
Basic Weighted Average Shares Outstanding	32.38M	69.99M	72.47M	-	277M
Net EPS - Diluted	-0.46	-0.19	-0.1	-0.2	-0.08
Diluted EPS - Continuing Operations	-0.46	-0.19	-0.1	-0.2	-0.08
Diluted Weighted Average Shares Outstanding	32.38M	69.99M	72.47M	-	277M
Normalized Basic EPS	-0.29	-0.14	-0.09	-0.11	-0.05
Normalized Diluted EPS	-0.29	-0.14	-0.09	-0.11	-0.05
Supplemental Items
EBITDA	-17.03M	-17.01M	-11.46M	-15.11M	-7.67M
EBITA	-17.66M	-17.76M	-14.41M	-19.19M	-11.6M
EBIT	-17.66M	-17.76M	-14.41M	-19.19M	-11.6M
EBITDAR	-16.82M	-16.88M	-	-	-
Effective Tax Rate - (Ratio)	-	-4.47	-7.43	-0.69	-1.36
Current Domestic Taxes	-	-	-	-	341K
Total Current Taxes	-	-	411K	262K	341K
Total Deferred Taxes	-	-	198K	-136K	-48.8K
Normalized Net Income	-9.53M	-9.56M	-6.75M	-8.26M	-14.31M
Interest on Long-Term Debt	46.1K	111K	140K	108K	108K
Supplemental Operating Expense Items
Selling and Marketing Expenses	1.53M	2.75M	1.56M	4.62M	5.87M
General and Administrative Expenses	-	15.1M	18.57M	17.89M	16.44M
Research And Development Expense From Footnotes	2.58M	666K	2.54M	2.65M	-
Net Rental Expense, Total	216K	131K	-	-	-
Imputed Operating Lease Interest Expense	53.32K	130K	-	-	-
Imputed Operating Lease Depreciation	162K	835	-	-	-
Stock-Based Comp., Other (Total)	6.69M	-	-	-	-
Total Stock-Based Compensation	6.69M	-	-	-	-

Fiscal Period: September	2021 (MYR)	2022 (MYR)	2023 (MYR)	2024 (MYR)	2025 (MYR)
Assets
Cash And Equivalents	100M	41.14M	59.79M	49.92M	5.54M
Short Term Investments	1.5M	27.54M	2.43M	275K	43.86M
Total Cash And Short Term Investments	102M	68.68M	62.22M	50.2M	49.4M
Accounts Receivable, Total	3.86M	15.34M	12.5M	24.6M	34.94M
Other Receivables	2.57M	1.52M	1.08M	662K	619K
Total Receivables	6.44M	16.86M	13.58M	25.26M	35.56M
Inventory	446K	618K	1.5M	1.91M	2.08M
Prepaid Expenses	15.89M	990K	1.03M	8.69M	1.46M
Other Current Assets, Total	-	-	-	-	1.2M
Total Current Assets	125M	87.15M	78.34M	86.06M	89.69M
Gross Property Plant And Equipment	6.48M	19.07M	22.16M	19.14M	18.56M
Accumulated Depreciation	-3.32M	-3.86M	-5.74M	-8.61M	-12.1M
Net Property Plant And Equipment	3.16M	15.21M	16.43M	10.53M	6.46M
Long-term Investments	2.03M	4.74M	4.72M	5.32M	6.41M
Goodwill	2.92M	0	-	-	-
Other Intangibles, Total	7.03M	17.99M	15.75M	11.22M	0
Accounts Receivable Long-Term	-	-	1.63M	370K	2.05M
Deferred Charges Long-Term	-	-	-	-	-
Other Long-Term Assets, Total	8.88M	18.66M	18.42M	18.43M	18.52M
Total Assets	149M	144M	135M	132M	123M
Liabilities
Accounts Payable, Total	434K	896K	698K	6.66M	3.64M
Accrued Expenses, Total	319K	1.51M	645K	951K	1.86M
Short-term Borrowings	823K	916K	-	2.59K	-
Current Portion of Leases	542K	1.09M	944K	455K	603K
Current Income Taxes Payable	8.06K	156K	211K	65.75K	54K
Unearned Revenue Current, Total	1.06M	399K	70.54K	170K	32K
Other Current Liabilities	8.92M	4.07M	2.77M	12.45M	3.53M
Total Current Liabilities	12.11M	9.05M	5.34M	20.76M	9.73M
Long-Term Leases	381K	2.64M	1.84M	1.03M	596K
Unearned Revenue Non Current	-	-	-	-	2.05M
Deferred Tax Liability Non Current	-	-	198K	61.16K	-
Total Liabilities	12.49M	11.68M	7.38M	21.85M	12.38M
Common Stock, Total	101M	110M	110M	110M	130M
Additional Paid In Capital	-	-	-	-	-
Retained Earnings	-10.72M	-24.72M	-32M	-1.96M	-30.53M
Comprehensive Income and Other	44.47M	46.19M	48.39M	4.1M	12.56M
Total Common Equity	135M	132M	126M	112M	112M
Minority Interest	889K	541K	1.47M	-2.11M	-795K
Total Equity	136M	132M	128M	110M	111M
Total Liabilities And Equity	149M	144M	135M	132M	123M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	72.47M	72.47M	72.47M	289M	289M
ECS Total Common Shares Outstanding	60.39M	72.47M	72.47M	72.47M	289M
Book Value / Share	2.24	1.81	1.74	1.55	0.39
Tangible Book Value	125M	114M	111M	101M	112M
Tangible Book Value Per Share	2.07	1.57	1.53	1.39	0.39
Total Debt	1.75M	4.64M	2.79M	1.49M	1.2M
Net Debt	-99.99M	-64.04M	-59.44M	-48.71M	-48.2M
Debt Equivalent Oper. Leases	1.72M	1.05M	-	-	-
Minority Interest, Total (Incl. Fin. Div)	889K	541K	1.47M	-2.11M	-795K
Account Code - Inventory Valuation	5	5	5	5	5
Inventories - Finished Goods, Total	446K	618K	1.5M	1.91M	2.08M
Machinery, Total	3.43M	4.25M	14.14M	14.14M	14.46M
Full Time Employees	57	75	82	96	-
Accumulated Allowance for Doubtful Accounts (Supple)	2.26M	2.26M	-	-	6.83M

Fiscal Period: September	2021 (MYR)	2022 (MYR)	2023 (MYR)	2024 (MYR)	2025 (MYR)
Net Income	-15.04M	-13.04M	-7.29M	-14.76M	-21.16M
Depreciation & Amortization - CF	1.17M	1.63M	3.95M	4.84M	4.48M
Depreciation & Amortization, Total	1.17M	1.63M	3.95M	4.84M	4.48M
Amortization of Deferred Charges, Total - (CF)	2.19M	923K	2.54M	4.57M	-
(Gain) Loss From Sale Of Asset	-	502	-2.37M	547K	-2.12M
(Gain) Loss on Sale of Investments - (CF)	-583K	-1.97M	2.5M	1.38M	3.2K
Asset Writedown & Restructuring Costs	584K	3.93M	666K	102K	37.6K
Stock-Based Compensation (CF)	6.69M	-	-	-	-
Provision and Write-off of Bad Debts	-	3.95K	1.06M	1.53M	1.82M
Other Operating Activities, Total	-1.58M	1.04K	-1.2M	-3.74M	11.68M
Change In Accounts Receivable	-17.07M	3.64M	161K	-17.98M	-12.8M
Change In Inventories	-216K	-230K	-889K	-427K	-167K
Change In Accounts Payable	7.81M	-2.31M	-832K	15.77M	-4.32M
Change in Unearned Revenues	1.06M	-658K	-328K	99.26K	1.53M
Change in Other Net Operating Assets	-	-	-	-	-
Cash from Operations	-15M	-8.07M	-2.02M	-8.08M	-21M
Capital Expenditure	-323K	-10.12M	-5.53M	-409K	-583K
Sale of Property, Plant, and Equipment	5.5K	600	2.23K	427K	20K
Cash Acquisitions	-46.16K	-5.1M	-	-	-
Divestitures	-	-	-196K	-	-510K
Sale (Purchase) of Real Estate properties	-	-9.91M	-	-112K	-
Sale (Purchase) of Intangible assets	-7.49M	-1.32M	-	-	-
Investment in Marketable and Equity Securities, Total	2.6M	-941K	14.92K	-2.7M	-5.79M
Other Investing Activities, Total	993K	500K	897K	457K	-938K
Cash from Investing	-4.26M	-26.89M	-4.82M	-2.34M	-7.8M
Short Term Debt Issued, Total	822K	93.65K	34.92K	-	-
Total Debt Issued	822K	93.65K	34.92K	-	-
Short Term Debt Repaid, Total	-	-6.22M	-	-774	-10K
Long-Term Debt Repaid, Total	-693K	-703K	-1.11M	-755K	-686K
Total Debt Repaid	-693K	-6.92M	-1.11M	-755K	-557K
Issuance of Common Stock	96.96M	8.65M	-	32	27.18M
Other Financing Activities, Total	-46.1K	-397K	-147K	-304K	-122K
Cash from Financing	97.04M	1.43M	-1.22M	-1.06M	26.5M
Foreign Exchange Rate Adjustments	-43.37K	270K	1.98M	510K	38.4K
Net Change in Cash	77.75M	-33.27M	-6.09M	-10.96M	-2.27M
Supplemental Items
Cash Interest Paid	46.1K	397K	147K	304K	122K
Cash Income Tax Paid (Refund)	-	466K	313K	413K	352K
Levered Free Cash Flow	-16.44M	-20.64M	-9.34M	-7.04M	-
Unlevered Free Cash Flow	-16.41M	-20.4M	-9.25M	-6.85M	-
Change In Net Working Capital	7.61M	400K	1.2M	3.85M	-
Net Debt Issued / Repaid	129K	-6.82M	-1.08M	-755K	-557K

Fiscal Period: September	2021 (MYR)	2022 (MYR)	2023 (MYR)	2024 (MYR)	2025 (MYR)
Profitability
Return on Assets	-11.07	-7.6	-6.46	-8.98	-
Return on Total Capital	-11.74	-8.09	-6.76	-9.9	-
Return On Equity %	-17.24	-10.7	-6.76	-15.42	-
Return on Common Equity	-16.51	-9.78	-5.65	-12.37	-
Margin Analysis
Gross Profit Margin %	12.43	28.98	53.79	37.18	47.89
SG&A Margin	176.97	86.2	89.48	84.25	83.47
EBITDA Margin %	-160.9	-81.51	-50.96	-56.55	-28.69
EBITA Margin %	-166.81	-85.11	-64.07	-71.83	-43.39
EBIT Margin %	-166.81	-85.11	-64.07	-71.83	-43.39
Income From Continuing Operations Margin %	-150.72	-68.73	-39.09	-68.66	-81.47
Net Income Margin %	-142.08	-62.47	-32.39	-55.22	-79.17
Net Avail. For Common Margin %	-142.08	-62.47	-32.39	-55.22	-79.17
Normalized Net Income Margin	-90.03	-45.81	-30.01	-30.92	-53.56
Levered Free Cash Flow Margin	-155.29	-98.92	-41.52	-26.35	-
Unlevered Free Cash Flow Margin	-155.02	-97.73	-41.11	-25.64	-
Asset Turnover
Asset Turnover	0.11	0.14	0.16	0.2	-
Fixed Assets Turnover	3.2	2.27	1.42	1.98	-
Receivables Turnover (Average Receivables)	4.48	2.17	1.62	1.43	-
Inventory Turnover (Average Inventory)	25.55	27.85	9.81	9.84	-
Short Term Liquidity
Current Ratio	10.29	9.63	14.66	4.15	9.22
Quick Ratio	8.94	9.46	14.19	3.64	8.73
Operating Cash Flow to Current Liabilities	-1.24	-0.89	-0.38	-0.39	-2.16
Days Sales Outstanding (Average Receivables)	81.56	167.89	225.85	255.46	-
Days Outstanding Inventory (Average Inventory)	14.29	13.11	37.21	37.19	-
Average Days Payable Outstanding	8.41	16.19	25.8	81.88	-
Cash Conversion Cycle (Average Days)	87.43	164.81	237.25	210.77	-
Long Term Solvency
Total Debt/Equity	1.28	3.52	2.18	1.35	1.08
Total Debt / Total Capital	1.27	3.4	2.13	1.34	1.07
LT Debt/Equity	0.28	2	1.44	0.94	0.54
Long-Term Debt / Total Capital	0.28	1.93	1.41	0.93	0.53
Total Liabilities / Total Assets	8.41	8.13	5.46	16.56	10.05
EBIT / Interest Expense	-383.04	-44.77	-98.3	-63.07	-94.75
EBITDA / Interest Expense	-357.62	-40.67	-71.33	-47.18	-58.11
(EBITDA - Capex) / Interest Expense	-364.63	-66.17	-109.07	-48.52	-62.88
Total Debt / EBITDA	-0.11	-0.29	-0.27	-0.1	-0.17
Net Debt / EBITDA	6.07	3.97	5.68	3.39	6.78
Total Debt / (EBITDA - Capex)	-0.1	-0.18	-0.17	-0.1	-0.16
Net Debt / (EBITDA - Capex)	5.95	2.44	3.72	3.3	6.26
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	27.23	97.16	7.78	18.79	-
Gross Profit, 1 Yr. Growth %	31.47	317.23	100.04	-17.9	-
EBITDA, 1 Yr. Growth %	21.84	-3.42	-32.25	25.76	-
EBITA, 1 Yr. Growth %	21.94	-2.62	-18.43	28.27	-
EBIT, 1 Yr. Growth %	21.94	-2.62	-18.43	28.27	-
Earnings From Cont. Operations, 1 Yr. Growth %	-38.67	-10.09	-38.7	108.64	-
Net Income, 1 Yr. Growth %	-41.61	-13.32	-44.11	102.53	-
Normalized Net Income, 1 Yr. Growth %	15.26	-3.37	-29.38	22.36	-
Diluted EPS Before Extra, 1 Yr. Growth %	-93.38	-59.9	-46.03	102.54	-
Accounts Receivable, 1 Yr. Growth %	345.35	297.02	-18.49	93.74	-
Inventory, 1 Yr. Growth %	59.3	38.72	142.64	27.32	-
Net Property, Plant and Equip., 1 Yr. Growth %	-8.53	381.93	8	-35.91	-
Total Assets, 1 Yr. Growth %	191.62	-3.22	-5.88	-2.49	-
Tangible Book Value, 1 Yr. Growth %	199.18	-9.31	-2.51	-8.78	-
Common Equity, 1 Yr. Growth %	187.66	-2.68	-3.87	-11.27	-
Cash From Operations, 1 Yr. Growth %	68.63	-46.18	-74.94	299.28	-
Capital Expenditures, 1 Yr. Growth %	178.81	3.03K	-45.32	-92.62	-
Levered Free Cash Flow, 1 Yr. Growth %	406.29	33.17	-52.52	-27.32	-
Unlevered Free Cash Flow, 1 Yr. Growth %	411.22	31.81	-52.39	-28.61	-
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	19.54	58.38	45.78	13.15	-
Gross Profit, 2 Yr. CAGR %	-5.28	145.85	188.9	28.15	-
EBITDA, 2 Yr. CAGR %	76.54	10.32	-19.33	-5.49	-
EBITA, 2 Yr. CAGR %	73.73	10.76	-11.11	4.23	-
EBIT, 2 Yr. CAGR %	73.73	10.76	-11.11	4.23	-
Earnings From Cont. Operations, 2 Yr. CAGR %	73.44	-25.74	-25.76	13.09	-
Net Income, 2 Yr. CAGR %	70.73	-28.86	-30.4	6.39	-
Normalized Net Income, 2 Yr. CAGR %	88.46	7.53	-17.4	-7.05	-
Diluted EPS Before Extra, 2 Yr. CAGR %	-44.76	-83.71	-53.48	4.55	-
Accounts Receivable, 2 Yr. CAGR %	-7.86	320.49	79.89	26.66	-
Inventory, 2 Yr. CAGR %	13.14	48.66	83.47	75.76	-
Net Property, Plant and Equip., 2 Yr. CAGR %	70.7	109.95	128.14	-16.81	-
Total Assets, 2 Yr. CAGR %	45.48	68	-4.56	-4.2	-
Tangible Book Value, 2 Yr. CAGR %	75.3	64.72	-5.97	-5.7	-
Common Equity, 2 Yr. CAGR %	49.18	67.32	-3.28	-7.64	-
Cash From Operations, 2 Yr. CAGR %	794.71	-4.73	-63.28	0.02	-
Capital Expenditures, 2 Yr. CAGR %	6.03	834.1	313.65	-79.91	-
Levered Free Cash Flow, 2 Yr. CAGR %	-	152.16	-22.39	-40.17	-
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	152.08	-22.7	-40.61	-
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	41.24	39.31	36.16	-
Gross Profit, 3 Yr. CAGR %	-	60.38	129.52	89.94	-
EBITDA, 3 Yr. CAGR %	-	46.01	-6.4	-4.98	-
EBITA, 3 Yr. CAGR %	-	44.81	-0.16	1.71	-
EBIT, 3 Yr. CAGR %	-	44.81	-0.16	1.71	-
Earnings From Cont. Operations, 3 Yr. CAGR %	-	39.33	-30.34	4.77	-
Net Income, 3 Yr. CAGR %	-	36.2	-34.36	-0.63	-
Normalized Net Income, 3 Yr. CAGR %	-	52.74	-6.53	-5.84	-
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-50.36	-75.72	-24.03	-
Accounts Receivable, 3 Yr. CAGR %	-	49.93	143.36	85.36	-
Inventory, 3 Yr. CAGR %	-	21.1	75.03	62.43	-
Net Property, Plant and Equip., 3 Yr. CAGR %	-	141.26	68.22	49.41	-
Total Assets, 3 Yr. CAGR %	-	27	38.49	-3.87	-
Tangible Book Value, 3 Yr. CAGR %	-	40.73	38.3	-6.92	-
Common Equity, 3 Yr. CAGR %	-	29.38	39.09	-6.02	-
Cash From Operations, 3 Yr. CAGR %	-	250.57	-38.96	-18.65	-
Capital Expenditures, 3 Yr. CAGR %	-	227.68	262.68	8.11	-
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	42.21	-23.13	-
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	42.29	-23.78	-
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	-	29.25	-
Gross Profit, 5 Yr. CAGR %	-	-	-	46.61	-
EBITDA, 5 Yr. CAGR %	-	-	-	22.56	-
EBITA, 5 Yr. CAGR %	-	-	-	26.82	-
EBIT, 5 Yr. CAGR %	-	-	-	26.82	-
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	-	28.17	-
Net Income, 5 Yr. CAGR %	-	-	-	23.39	-
Normalized Net Income, 5 Yr. CAGR %	-	-	-	25.22	-
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	-	-33.13	-
Accounts Receivable, 5 Yr. CAGR %	-	-	-	40.15	-
Inventory, 5 Yr. CAGR %	-	-	-	40.56	-
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	-	57.59	-
Total Assets, 5 Yr. CAGR %	-	-	-	13.46	-
Tangible Book Value, 5 Yr. CAGR %	-	-	-	19.9	-
Common Equity, 5 Yr. CAGR %	-	-	-	13.06	-
Cash From Operations, 5 Yr. CAGR %	-	-	-	112.28	-
Capital Expenditures, 5 Yr. CAGR %	-	-	-	7.27	-