ARB IOT Group Limited (ARBB)

NASDAQ: ARBB · IEX Real-Time Price · USD
2.55
+0.03 (1.19%)
At close: Dec 29, 2023, 4:00 PM
2.47
-0.08 (-3.14%)
After-hours: Dec 29, 2023, 7:48 PM EST
1.19%
Market Cap 66.94M
Revenue (ttm) 52.67M
Net Income (ttm) 5.62M
Shares Out 26.25M
EPS (ttm) 0.25
PE Ratio 10.02
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 256,995
Open 2.40
Previous Close 2.52
Day's Range 2.30 - 2.60
52-Week Range 0.70 - 5.40
Beta n/a
Analysts Strong Buy
Price Target 8.00 (+213.73%)
Earnings Date Feb 10, 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... [Read more]

Sector Technology
IPO Date Apr 5, 2023
Employees 41
Stock Exchange NASDAQ
Ticker Symbol ARBB
Full Company Profile

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 Financial Statements

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
(213.73% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

ARB IOT Group Limited Announces Exercise and Closing of Over-Allotment Option in Initial Public Offering

Kuala Lumpur, Malaysia, April 25, 2023 (GLOBE NEWSWIRE) -- ARB IOT Group Limited ("ARB" or the "Company") (NASDAQ: ARBB), a provider of complete solutions to clients for the integration of Internet of...

8 months ago - GlobeNewsWire

ARB IOT Group Limited Announces Closing of $5.0 Million Initial Public Offering

Kuala Lumpur, Malaysia, April 10, 2023 (GLOBE NEWSWIRE) -- ARB IOT Group Limited ("ARB" or the "Company") (NASDAQ: ARBB), a provider of complete solutions to clients for the integration of Internet of...

9 months ago - GlobeNewsWire

ARB IOT Group Limited Announces Pricing of $5.0 Million Initial Public Offering

Kuala Lumpur, Malaysia, April 04, 2023 (GLOBE NEWSWIRE) -- ARB IOT Group Limited ("ARB" or the "Company") (NASDAQ: ARBB), a provider of complete solutions to clients for the integration of Internet of...

9 months ago - GlobeNewsWire

ARB IOT Group IPO Registration Document (F-1)

ARB IOT Group has filed to go public with an IPO on the NASDAQ.

1 year ago - SEC

ARB posts RM93mil in net profit for 18-month FY22, driven by ERP, IoT businesses

KUALA LUMPUR: Main Market-listed information technology (IT) software and platform provider ARB Bhd posted positive earnings in the eighteen months of its financial year ended 30 June 2022 (FY22) with...

1 year ago - NST Business

ARB to raise up to RM59.32 million via IPO through listing of IoT business unit on NASDAQ

ARB Bhd on Friday announced that it has proposed to list its internet of things (IoT) business via its indirect wholly-owned subsidiary ARB IOT Group Ltd (AIGL) on the NASDAQ Stock Exchange in New Yor...

1 year ago - The Edge Markets