Press

KUALA LUMPUR, 27 Nov 2024: Catcha Digital Berhad (“Catcha Digital” or the “Company”) announces its financial results for the third quarter ended 30 September 2024 (“Q3 FY2024”).

For Q3 FY2024, the Company reported a record revenue of RM11.14 million. This marks a significant increase compared to the third quarter ended 30 September 2023 (“Q3 FY2023”), where the Company reported revenue of RM7.19 million, achieving year-over-year growth of 55%. The Company posted a profit after tax of RM1.21 million in Q3 FY2024, bringing its total profit after tax for the first nine months to RM3.43 million.

“We are proud of the team for achieving such impressive revenue growth amidst a volatile macroeconomic environment, owing to the heavy focus on product innovation capabilities. Over the past quarter, we have launched a range of innovative advertising solutions, such as augmented reality advertising and offline-to-online campaigns, allowing our advertisers to connect more effectively with their customers. We remained focused on achieving sustainable growth and earnings for our shareholders,” says Eric Tan, Chief Executive Officer of Catcha Digital.

“We are pleased to have achieved this record revenue in our fifth quarter after exiting GN2 status in July 2023, and we strive to maintain this momentum. As we continue our mission to build a leading profitable digital group in Southeast Asia, we will pursue strategic partnerships, investments, and acquisitions that are accretive to our earnings per share. The prospects for the business remain excellent, and we look forward to executing on all the great opportunities which we will share with the market soon,” says Patrick Grove, Chairman of Catcha Digital.

Recently, on 28 June 2024, Catcha Digital announced a joint venture with Khairy Jamaluddin and Shahril Hamdan, the founders of Keluar Sekejap, to form a new disruptive digital media business, KS Lagi. KS Lagi was launched in October 2024 and has secured global brands such as MG Motor, Honor, and Vico as advertisers.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3503233

KUALA LUMPUR, 28 Feb 2024: Catcha Digital Berhad (“Catcha Digital”) and Framemotion Studio (“FMS”) today announced that they have entered into a strategic partnership, combining Catcha Digital’s industry-leading digital advertising solutions with FMS’s award-winning production capabilities in immersive digital experiences. 

FMS is an award-winning integrated consultancy specialising in the creation, design and delivery of immersive digital experiences across Southeast Asia. FMS serves a broad range of enterprise clients across different industries, including prominent companies like Gamuda, Petronas, Genting, BMW and Pfizer. FrameMotion Studio was also the producer and local partner of the first Van Gogh Alive exhibition from 17 December 2022 to 9 April 2023, which saw over 300,000 visitors. Before its debut in Malaysia, the Van Gogh Alive exhibition attracted 8.5 million visitors across 80 cities worldwide.

“We are excited to partner with Catcha Digital as we will be able to unlock new growth opportunities, allowing us to take on even bigger and more profitable projects. At the same time, we look forward to bringing our capabilities in immersive digital animation to Catcha Digital’s existing clients,” said Pua Yin Chye (Jeand), founder and CEO of FMS. 

“With the partnership with FMS, Catcha Digital’s clients can now benefit from an integrated online-to-offline advertising solution, leveraging FMS’s proven track record in delivering high-quality immersive digital experiences. FMS is recognised across Southeast Asia as one of the leaders in their field, as evidenced by their impressive client roster and portfolio of work. We believe Jeand and his team are outstanding and this is an excellent win-win partnership to take both our businesses to the next level,” said Patrick Grove, Chairman of Catcha Digital.

END OF PRESS RELEASE

For further information, kindly contact:

Catcha Digital Berhad

Eric Tan Leong Yit – Chief Executive Officer

Email: [email protected]

About Catcha Digital Berhad

Catcha Digital is a Malaysia-based investment holding company, focused on operating businesses in the digital media, advertising and software industries. The Group’s wholly-owned subsidiary, iMedia Asia Sdn Bhd, is a digital media company that provides integrated advertising solutions to major brands in the fast-moving consumer goods, retail, property, entertainment and other industries in Malaysia. 

About Framemotion Studio Sdn Bhd

Framemotion Studio is an award-winning integrated consultancy specialising in the creation, design and delivery of immersive digital experiences. Framemotion Studio serves a broad range of enterprise clients across different industries, including prominent companies like Gamuda, Petronas, Genting, BMW and Pfizer.

Website: https://www.FrameMotionstudio.com/ 

YouTube: https://www.youtube.com/FrameMotionStudioSdnBhd 

Facebook: https://www.facebook.com/FrameMotionstudio/  

Instagram: https://www.instagram.com/FrameMotionstudio/ 

Vimeo: https://vimeo.com/FrameMotionstudio