CTOS Digital Berhad (“CTOS Digital” or “the Group”) reported a revenue increase of 6.3% to RM76.1 million for the three months ended 31 March 2025 (“1Q 2025”) as compared to the similar quarter of the preceding year, driven by stronger contributions from the Direct-to-Consumer and Key Account segments. The Group’s International Business also maintained positive momentum, supported by healthy client onboarding. Share of profits from associates increased by 54% to RM2.8 million backed by strong performance by Juris Technologies Sdn Bhd (“JurisTech”). Profit after tax and minority interest stood at RM14.4 million for the quarter.
The Company declared a first interim single-tier dividend of 0.44 sen per ordinary share in respect of the three-month period ended 31 March 2025, which will be paid on 23 July 2025. This translates to a payout ratio of 70% for the quarter. The entitlement date for the dividend payment is 25 June 2025.
CTOS Digital’s Group Chief Executive Officer, Mr. Erick Hamburger commented: “We continue to see uptick in revenue as growth opportunities remain abundant both domestically and regionally. Financial institutions are increasingly seeking more sophisticated data and tools for credit analysis, underpinning sustained demand for the Group’s offerings. Innovation remains central to our strategy, and several product enhancements and new solutions are scheduled for launch in 2025, further reinforcing our commitment to continuous improvement and value creation.
In parallel, we have embarked on a series of cost optimisation initiatives to enhance operational efficiency and reallocating resources more effectively. While the benefits will be realised progressively, we expect to see improvements in our cost-to-income ratio over the coming quarters.These measures reflect the Group’s commitment to maintaining financial discipline while continuing to invest in strategic growth areas,” he added.
As part of a carefully planned leadership transition, CTOS Digital also announced that Mr. Loh Kok Leong will serve as Interim Group Chief Executive Officer (“GCEO”) effective 1 May 2025, as Mr. Hamburger will be on leave from 1 May 2025 until the conclusion of his employment on 30 September 2025. Since joining the Group in 2021, Mr. Hamburger has contributed to CTOS Digital’s growth and development. The Board extends their sincere appreciation to Mr. Hamburger for his leadership over this period, and wish him continued success in his future endeavours. Mr. Loh, who has been on the Board since the company’s Initial Public Offering, will also be redesignated as an Executive Director. As someone deeply familiar with CTOS Digital and its strategic direction, Mr. Loh’s appointment ensures a smooth transition with no disruption to business operations. The management team remains fully aligned and committed to executing the Group’s key priorities.
Source: CTOS Investor Relations
CTOS is a member of BIIA
