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TECHNODEX BHD — Interim / Quarterly Report 2026
May 21, 2026
71655_rns_2026-05-21_34ba693a-193e-4ba6-b18c-0691b2237580.pdf
Interim / Quarterly Report
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TECHNODEX BHD.
Registration No. 200301025214 (627634-A)
(Incorporated in Malaysia)
UNAUDITED QUARTERLY FINANCIAL REPORT FOR THE THIRD QUARTER ENDED 31 MARCH 2026
CONDENSED CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME
| INDIVIDUAL QUARTER | CUMULATIVE QUARTER | ||||
|---|---|---|---|---|---|
| Note | 3 months ended | 9 months ended | |||
| 31/03/2026 RM'000 (Unaudited) | 31/03/2025 RM'000 (Audited) | 31/03/2026 RM'000 (Unaudited) | 31/03/2025 RM'000 (Audited) | ||
| Revenue | B1&B2 | 11,973 | 12,097 | 43,987 | 36,832 |
| Less: Cost of sales | (11,172) | (11,237) | (41,059) | (34,248) | |
| Gross Profit | 801 | 860 | 2,928 | 2,584 | |
| Other operating income | 47 | 8 | 139 | 34 | |
| Fair value gain/(loss) on investment in quoted shares | (35) | - | (35) | (71) | |
| Employee benefits | (605) | (608) | (1,797) | (1,977) | |
| Key management personnels's remuneration | (386) | (402) | (1,147) | (1,278) | |
| Depreciation & amortisation | (174) | (188) | (540) | (558) | |
| Other operating expenses | (352) | (291) | (1,141) | (1,212) | |
| (Loss) from operations | (704) | (621) | (1,593) | (2,478) | |
| Finance costs | B6 | (63) | (80) | (203) | (245) |
| (Loss) before taxation | (767) | (701) | (1,796) | (2,723) | |
| Income tax recover /(expenses) | B5 | - | - | (149) | - |
| (Loss) after taxation for the period | B1&B2 | (767) | (701) | (1,945) | (2,723) |
| Other Comprehensive income | |||||
| - Currency translation difference not recognised in income statement | - | - | - | - | |
| Total comprehensive (loss) for the period | (767) | (701) | (1,945) | (2,723) | |
| (Loss) Attributable to: | |||||
| Owner of the Parent | (766) | (704) | (1,943) | (2,722) | |
| Non-controlling interest | (1) | 3 | (2) | (1) | |
| (767) | (701) | (1,945) | (2,723) | ||
| Total comprehensive (Loss) attributable to : | |||||
| Owner of the Parent | (766) | (704) | (1,943) | (2,722) | |
| Non-controlling interest | (1) | 3 | (2) | (1) | |
| (767) | (701) | (1,945) | (2,723) | ||
| (loss) per share (sen) | |||||
| - Basic | B11 | (0.09) | (0.08) | (0.22) | (0.32) |
| - Diluted | B11 | (0.09) | (0.08) | (0.22) | (0.32) |
Note:
The unaudited Condensed Consolidated Statement of Profit or Loss and other Comprehensive Income should be read in conjunction with the Audited Financial Statements for the financial year ended 30 June 2025 and the accompanying note attached to this interim financial report.
TECHNODEX BHD.
Registration No. 200301025214 (627634-A)
(Incorporated in Malaysia)
UNAUDITED QUARTERLY FINANCIAL REPORT FOR THE THIRD QUARTER ENDED 31 MARCH 2026
CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION
| Note | Unaudited As At 31/12/2025 RM'000 | Audited As At 30/06/2025 RM'000 | |
|---|---|---|---|
| Assets | |||
| Non-current Assets | |||
| Property, plant and equipment | 358 | 505 | |
| Right of use assets | 509 | 779 | |
| Other Investments | 318 | 353 | |
| Total Non-current Assets | 1,185 | 1,637 | |
| Current Assets | |||
| Trade receivables | 7,024 | 7,774 | |
| Other receivables, deposits and prepayments | 246 | 405 | |
| Contract Asset | - | 54 | |
| Inventory | 11,846 | 7,203 | |
| Current tax asset | - | 20 | |
| Fixed deposits with licensed banks | 2,643 | 3,421 | |
| Cash and bank balances | 1,039 | 2,705 | |
| Total Current Assets | 22,798 | 21,582 | |
| Total Assets | 23,983 | 23,219 | |
| Equity and Liabilities | |||
| Share capital | 18,479 | 18,479 | |
| Capital Reserve | 2,164 | 11,288 | |
| Accumulated (losses) | (10,395) | (17,576) | |
| Non controlling interest | (32) | (30) | |
| Total Equity | 10,216 | 12,161 | |
| Non-current Liabilities | |||
| Lease Liabilities | B8 | 215 | 323 |
| Total Non-current Liabilities | 215 | 323 | |
| Current Liabilities | |||
| Trade payables | 9,013 | 5,360 | |
| Other payables & accruals | 1,797 | 1,403 | |
| Bank overdraft | B8 | 2,294 | 3,206 |
| Lease Liabilities | B8 | 385 | 511 |
| Deferred Income | - | 132 | |
| Tax Payables | 63 | 123 | |
| Total Current Liabilities | 13,552 | 10,735 | |
| Total Liabilities | 13,767 | 11,058 | |
| Total Equity and Liabilities | 23,983 | 23,219 | |
| Net assets per share attributable to ordinary equity holders of the parent company (RM) | 0.012 | 0.014 |
Note:
The unaudited Condensed Consolidated Statement of Financial Position should be read in conjunction with the Audited Financial Statements for the financial year ended 30 June 2025 and the accompanying note attached to this interim financial report.
TECHNODEX BHD.
Registration No. 200301025214 (627634-A)
(Incorporated in Malaysia)
UNAUDITED QUARTERLY FINANCIAL REPORT FOR THE THIRD QUARTER ENDED 31 MARCH 2026
CONDENSED CONSOLIDATED STATEMENT OF CASH FLOW
| Note | Period ended 31/03/2026 Unaudited RM'000 | Year ended 30/06/2025 Audited RM'000 | |
|---|---|---|---|
| Cash flows from/(for) operating activities | |||
| Loss before taxation: | (1,796) | (3,261) | |
| Adjustment for: | |||
| Depreciation of property, plant and equipment & right of use assets | 540 | 743 | |
| Interest income | (28) | (60) | |
| Lease liabilities interest expense | B6 | 32 | 53 |
| Bank Overdraft interest expense | B6 | 171 | 270 |
| Fair value (gain) / loss on investment in quoted shares | 35 | 106 | |
| Impairment of trade receivables | - | 48 | |
| Reversal on impairment trade receivable | - | (57) | |
| Gain on lease modification | (4) | (12) | |
| (Reversal) / provision for slow-moving inventories | - | 52 | |
| Gain on disposal of property, plant and equipment & right of use assets | (38) | ||
| Property, plant and equipment written off | 81 | - | |
| Unrealised loss/(gain) on foreign exchange | - | (36) | |
| Operating loss before working capital changes | (1,007) | (2,154) | |
| (Increase)/ Decrease in trade and other receivables | 963 | (1,171) | |
| Increase/ (Decrease) in trade and other payables | 4,047 | 3,437 | |
| Increase/ (Decrease) in deferred income | (132) | 113 | |
| (Increase)/ Decrease in inventory | (4,643) | 700 | |
| Cash flows from/(for) operating activities | (772) | 925 | |
| Interest income | 28 | 60 | |
| Bank overdraft interest expense | (171) | (270) | |
| Lease liabilities interest expense | (32) | (53) | |
| Taxation refund | 41 | 227 | |
| Taxation paid | (230) | (36) | |
| Net cash from/(for) operating activities | (1,136) | 853 | |
| Cash flows from/(for) investing activities | |||
| Purchase of property, plant and equipment | (34) | (40) | |
| Disposal of fixed assets, property, plant and equipment | 38 | - | |
| Change in fixed deposits with maturity of more than 3 months | (7) | (308) | |
| Fixed deposit placed as security value | (1) | 238 | |
| Net cash from/(for) investing activities | (4) | (110) | |
| Cash flows from/(for) financing activities | |||
| Proceeds from issuance of shares | - | 1,849 | |
| Repayment of lease liabilities | (400) | (539) | |
| Net cash from/(for) financing activities | (400) | 1,310 | |
| Net increase/(decrease) in cash and cash equivalents | (1,540) | 2,053 | |
| Cash and cash equivalents at beginning of the financial year | 299 | (1,754) | |
| Cash and cash equivalents at end of the financial period | (1,241) | 299 | |
| Cash and cash equivalents at the end of the financial period comprises the following :- | |||
| Fixed deposits with licensed banks | 2,643 | 3,421 | |
| Cash and bank balances | 1,039 | 2,705 | |
| Bank overdraft | (2,294) | (3,206) | |
| Cash at bank & on hand, including fixed deposits over three months and net overdrafts. | 1,388 | 2,920 | |
| Fixed deposits with maturity of more than 3 months pledged for bank overdraft | (2,374) | (2,621) | |
| Fixed deposits with maturity of Less than 3 months pledged for banking facilities | (255) | - | |
| (1,241) | 299 |
Note:
The unaudited Condensed Consolidated Statement of Cash Flow should be read in conjunction with the Audited Financial Statements for the financial year ended 30 June 2025 and the accompanying notes attached to this interim financial report.
TECHNODEX BHD.
Registration No. 200301025214 (627634-A)
(Incorporated in Malaysia)
UNAUDITED QUARTERLY FINANCIAL REPORT FOR THE THIRD QUARTER ENDED 31 MARCH 2026
CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY
| Attributable to Equity Holders of the Company | ||||||
|---|---|---|---|---|---|---|
| Share Capital RM'000 | Capital Reduction Reserve RM'000 | Accumulated Losses RM'000 | Attributable to owners of the Company RM'000 | Non-Controlling Interest RM'000 | Total Equity RM'000 | |
| Balance at 1 July 2025 | 18,479 | 11,288 | (17,576) | 12,191 | (30) | 12,161 |
| Contribution by Owners of the Company | ||||||
| Utilisation of capital reduction credit: | (9,124) | 9,124 | - | - | - | |
| - to write off accumulated losses | (9,124) | 9,124 | - | - | - | |
| Total comprehensive loss for the financial year | - | - | (1,943) | (1,943) | (2) | (1,945) |
| - | - | (1,943) | (1,943) | (2) | (1,945) | |
| Balance at 31 March 2026 | 18,479 | 2,164 | (10,395) | 10,248 | (32) | 10,216 |
| Balance at 1 July 2024 | 16,630 | 19,813 | (22,638) | 13,805 | (29) | 13,776 |
| Contribution by Owners of the Company | ||||||
| - Issuance of shares from private placement | 1,849 | 1,849 | 1,849 | |||
| Utilisation of capital reduction credit: | (8,525) | 8,525 | - | - | - | |
| - to write off accumulated losses | (8,525) | 8,525 | 1,849 | - | 1,849 | |
| Total comprehensive loss for the financial year | - | - | (3,463) | (3,463) | (1) | (3,464) |
| - | - | (3,463) | (3,463) | (1) | (3,464) | |
| Balance at 30 June 2025 | 18,479 | 11,288 | (17,576) | 12,191 | (30) | 12,161 |
The unaudited Condensed Consolidated Statement of Changes in Equity should be read in conjunction with the Audited Financial Statements for the financial year ended 30 June 2025 and the accompanying explanatory notes attached to the interim financial statements.
TECHNODEX BHD.
Registration No. 200301025214 (627634-A)
(Incorporated in Malaysia)
Unaudited Quarterly Financial Report for the Third Quarter Ended 31 March 2026
PART A. - Explanatory Notes Pursuant to Malaysian Financial Reporting Standard ("MFRS") 134, Interim Financial Reporting
A1. Basis of Preparation
The interim financial statements are unaudited and have been prepared in accordance with Malaysia Financial Reporting Standard ("MFRS") No. 134: Interim Financial Reporting, and Appendix 9B of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad ("Bursa Securities") ("AMLR").
The interim financial report should be read in conjunction with the Audited Financial Statements for the financial year ended 30 June 2025 and the accompanying notes attached to this interim financial report.
A2. Summary of Significant Accounting Policies
The significant accounting policies and methods of computation adopted by the Group in this interim financial report are consistent with those adopted as disclosed in the audited financial statements for the financial year ended 30 June 2025, except for the adoption of the following MFRSs, Amendments to MFRSs and new Interpretations that have become effective on 1 July 2025.
| MFRSs and/or IC Interpretations. | Effective Date |
|---|---|
| (Including The Consequential Amendments) | of Adoption |
| Amendments to MFRS 121 | |
| The Effects of Changes in Foreign Exchange Rates - Lack of Exchangeability | 1 January 2025 |
The Group has not applied in advance the following accounting standards and/or interpretations (including the consequential amendments, if any) that have been issued by the MASB but are not yet effective for this interim financial report: -
| MFRSs and/or IC Interpretations | Effective for financial periods |
|---|---|
| (Including The Consequential Amendments) | beginning on or after |
Amendments to MFRS 1: 1 January 2026
First-time Adoption of Malaysian Financial Reporting Standards
– Hedge accounting by a first-time adopter
Amendments to MFRS 7: 1 January 2026
Financial Instruments – Disclosures - Gain or loss on derecognition
Amendments to MFRS 9: 1 January 2026
Financial Instruments - Derecognition of lease liabilities and Transaction price
Amendments to MFRS 10: 1 January 2026
Consolidated Financial Statements - Determination of a ‘de facto agent’
TECHNODEX BHD.
Registration No. 200301025214 (627634-A)
(Incorporated in Malaysia)
Unaudited Quarterly Financial Report for the Third Quarter Ended 31 March 2026
PART A. - Explanatory Notes Pursuant To Malaysian Financial Reporting Standard ("MFRS") 134, Interim Financial Reporting
| MFRSs and/or IC Interpretations
(Including The Consequential Amendments) | Effective for financial periods beginning on or after |
| --- | --- |
| Amendments to MFRS 107: Statement of Cash Flows - Cost method | 1 January 2026 |
| MFRS 18: Presentation and Disclosure in Financial Statements | 1 January 2027 |
| MFRS 19: Subsidiaries without Public Accountability Disclosures | 1 January 2027 |
| Amendments to MFRS 10 and MFRS 128: Consolidated Financial Statement and Investment in Associates and Joint Ventures - Sale or Contribution of Assets between an Investor and its Associate or Joint Venture | To be determined |
The Group and the Company will adopt the above-mentioned standards, amendments or interpretations, if applicable, when they become effective in respective financial periods. The Directors do not expect any material impact to the financial statements upon adoption of the above pronouncements.
A3. Audit Report of Preceding Annual Financial Statements
The audited annual financial statements for the financial year ended 30 June 2025 were not subject to any qualification.
A4. Comments on Seasonal or Cyclical Factors
The results of the Group were not significantly affected by any seasonal or cyclical factors during the current quarter under review and the financial year-to-date.
A5. Nature and Amount of Exceptional and Extraordinary Items
There were no unusual items affecting assets, liabilities, equity, net income or cash flow of the Group during the current quarter under review and the financial year-to-date.
A6. Material Changes in Estimates
There were no material changes to the estimates used in preparing this interim financial report.
A7. Debts and Equity Securities
There were no issuance or repayment of debt and equity securities, share buy-back, share cancellations, shares held as treasury shares and resale of treasury shares for the financial period ended 31 March 2026 under review.
A8. Dividend
There were no dividends paid during the current quarter under review and the financial year-to-date.
TECHNODEX BHD.
Registration No. 200301025214 (627634-A)
(Incorporated in Malaysia)
Unaudited Quarterly Financial Report for the Third Quarter Ended 31 March 2026
PART A. - Explanatory Notes Pursuant to Malaysian Financial Reporting Standard ("MFRS") 134, Interim Financial Reporting
A9. Segmental Information
a) Analysis of revenue by product categories
| Quarter Ended
31 March 2026 | | Hardware, Software and Professional Services
RM'000 | Manpower Outsourcing & Recruitments Services
RM'000 | Investment Holding
RM'000 | Eliminations
RM'000 | Total
RM'000 |
| --- | --- | --- | --- | --- | --- | --- |
| Sales | | 11,403 | 570 | - | - | 11,973 |
| Intersegment sales | | 21 | 8 | 58 | (87) | - |
| | | 11,424 | 578 | 58 | (87) | 11,973 |
| Segment results | | | | | | |
| Interest Income | | 1 | 5 | 40 | (40) | 6 |
| Interest expenses | B6 | 65 | 35 | 3 | (40) | 63 |
| Depreciation & amortisation | | 94 | 2 | 78 | - | 174 |
| Income Tax recover /(expenses) | B5 | - | - | - | - | - |
| Segment profit/(loss) after tax
(After Intercompany Eliminations) | | (146) | (12) | (609) | - | (767) |
| Year to dated Ended
31 March 2026 | | Hardware, Software and Professional Services
RM'000 | Manpower Outsourcing & Recruitments Services
RM'000 | Investment Holding
RM'000 | Eliminations
RM'000 | Total
RM'000 |
| Sales | | 42,599 | 1,388 | - | - | 43,987 |
| Intersegment sales | | 47 | 77 | 174 | (298) | - |
| | | 42,646 | 1,465 | 174 | (298) | 43,987 |
| Segment results | | | | | | |
| Interest Income | | 3 | 17 | 128 | (120) | 28 |
| Interest expenses | B6 | (205) | (109) | (9) | 120 | (203) |
| Depreciation & amortisation | | (283) | (5) | (252) | - | (540) |
| Income Tax recover /(expenses) | B5 | (149) | - | - | - | (149) |
| Segment profit/(loss) after tax
(After Intercompany Eliminations) | | 236 | (125) | (2,056) | - | (1,945) |
b) In determining the geographical segments of the Group, segmental revenue is based on the country in which the customer is located.
The Group's segmental information by geographical location is not shown as the activities of the Group are in Malaysia.
TECHNODEX BHD.
Registration No. 200301025214 (627634-A)
(Incorporated in Malaysia)
Unaudited Quarterly Financial Report for the Third Quarter Ended 31 March 2026
PART A. - Explanatory Notes Pursuant to Malaysian Financial Reporting Standard (“MFRS”) 134, Interim Financial Reporting
A10. Valuation of Property, plant and equipment
There were no changes in the valuation of property, plant and equipment reported in the previous audited financial statements that will have an effect in the financial quarter under review.
A11. Material Events Subsequent to the End of the Current Period
Save as disclosed in Note B7, there were no material events subsequent to the end of the current period under review.
A12. Changes in Composition of the Group
There were no changes in the composition of the Group in the current financial quarter under review.
A13. Contingent Assets or Liabilities
There were no changes in contingent liabilities and contingent assets since the end of the last annual reporting period.
A14. Capital Commitments
There were no capital commitments for the period under review.
A15. Related Party Transactions
During the financial period ended 31 March 2026, the Group entered into a recurrent related party transaction involving the sublease of an office premise from a company in which certain Directors of the Company have an interest. The office premise is ultimately owned by an unrelated third party.
The transaction was entered into in the ordinary course of business and based on normal commercial terms.
Details of the transaction are as follows:
Details of the transaction are as follows:
9 months ended 31 March 2026
RM
Reimbursement of rental and related service and maintenance charges
111,117
TECHNODEX BHD.
Registration No. 200301025214 (627634-A)
(Incorporated in Malaysia)
Unaudited Quarterly Financial Report for the Third Quarter Ended 31 March 2026
PART B. – EXPLANATORY NOTES PURSUANT TO APPENDIX 9B OF THE LISTING REQUIREMENTS OF BURSA SECURITIES FOR THE ACE MARKET
B1. Review of Financial Performance for Current Quarter with the preceding year's corresponding periods:
i) The current quarter (“Q3 2026”) ended 31 March 2026 with the preceding year’s corresponding quarter (“Q3 2025”) ended 31 March 2025; and
ii) The current year to date (“CY2026) 9 months ended 31 March 2026 with the preceding year to date (“PY2025”) 9 months ended 31 March 2025 as follows: -
| Descriptions | INDIVIDUAL QUARTER ENDED | Changes | CUMULATIVE QUARTERS ENDED | Changes | ||||
|---|---|---|---|---|---|---|---|---|
| 31/03/2026 | ||||||||
| Q3026 | 31/03/2025 | |||||||
| Q32025 | 31/03/2026 | |||||||
| CY2026 | 31/03/2025 | |||||||
| PY2025 | ||||||||
| RM'000 | RM'000 | RM'000 | RM'000 | |||||
| Unaudited | Audited | RM'000 | % | Unaudited | Audited | RM'000 | % | |
| Revenue | 11,973 | 12,097 | (124) | -1.0% | 43,987 | 36,832 | 7,155 | 19.4% |
| (Loss) After Tax ("LAT") | (767) | (701) | (66) | 9.4% | (1,945) | (2,723) | 778 | -28.6% |
For the individual quarter ended 31 March 2026 (“Q3 2026”), the Group recorded revenue of RM11.97 million, representing a marginal decrease of RM0.12 million or 1.0% compared to RM12.10 million recorded in the corresponding quarter of the preceding year (“Q3 2025”).
For the current year-to-date nine-month period ended 31 March 2026 (“CY2026”), the Group achieved revenue of RM43.99 million, reflecting a strong increase of RM7.16 million or 19.4% from RM36.83 million recorded in the corresponding nine-month period of the preceding year (“PY2025”).
The stronger year-to-date performance was primarily attributable to increased contributions from the hardware, software and professional services segment, which rose from RM34.66 million in Q3 2025 to RM42.60 million in Q3 2026, representing an increase of RM7.94 million. This improvement was mainly supported by strong demand for e-Invoicing-compliant POS systems.
The increase was, however, partially offset by lower revenue from manpower outsourcing and recruitment services, which declined from RM2.17 million in Q3 2025 to RM1.39 million in Q3 2026, representing a decrease of RM0.78 million, mainly due to reduced outsourcing contracts and placement services.
On a quarterly basis, the Group recorded a loss after tax (“LAT”) of RM0.77 million in Q3 2026, compared to RM0.70 million in Q3 2025, representing an increase in losses of RM0.07 million or 9.4%. The increase in losses was mainly due to lower gross profit arising from reduced revenue during the quarter.
For the year-to-date under review, the Group recorded a lower LAT of RM1.94 million compared to RM2.72 million in the previous year (“PY2025”), representing a reduction in losses of RM0.78 million or 28.6%. The improvement was mainly attributable to higher gross profit arising from increased hardware sales, lower employee benefits and key management remuneration, higher other operating income, and lower fair value losses on quoted share investments. This was partially offset by tax provisions recognised on subsidiaries’ taxable profits.
TECHNODEX BHD.
Registration No. 200301025214 (627634-A)
(Incorporated in Malaysia)
Unaudited Quarterly Financial Report for the Third Quarter Ended 31 March 2026
PART B. – EXPLANATORY NOTES PURSUANT TO APPENDIX 9B OF THE LISTING REQUIREMENTS OF BURSA SECURITIES FOR THE ACE MARKET
B2. Review of Financial Performance-Comparison of financial performance of the Group for the current quarter (“Q3 2026”) ended 31 March 2026 with preceding quarter (“Q2 2026”) ended 31 December 2025.
| Descriptions | INDIVIDUAL QUARTER ENDED | VARIANCE | ||
|---|---|---|---|---|
| 31/03/2026 | ||||
| Q3026 | 31/12/2025 | |||
| Q22026 | ||||
| RM'000 | RM'000 | RM'000 | % | |
| Unaudited | Audited | |||
| Revenue | 11,973 | 18,185 | (6,212) | -34.2% |
| (Loss) After Tax ("LAT") | (767) | (712) | (55) | 7.7% |
The Group recorded revenue of RM11.97 million in Q3 2026, compared to RM18.18 million in the preceding quarter (Q2 2026), representing a decrease of RM6.21 million or 34.2%.
The decrease in revenue was primarily attributable to lower contributions from the hardware, software and professional services segment, which reduced by RM6.39 million from RM17.79 million in Q2 2026 to RM11.40 million in Q3 2026, mainly due to fewer project orders secured and slower seasonal business activities during the festive period.
The Group recorded a loss after tax (“LAT”) of RM0.77 million in Q3 2026, compared to a LAT of RM0.71 million in Q2 2026, representing a higher loss of RM0.05 million or 7.7%. The higher LAT in Q3 2026 was mainly attributable to lower gross profit arising from the decline in revenue.
TECHNODEX BHD.
Registration No. 200301025214 (627634-A)
(Incorporated in Malaysia)
Unaudited Quarterly Financial Report for the Third Quarter Ended 31 March 2026
PART B. – EXPLANATORY NOTES PURSUANT TO APPENDIX 9B OF THE LISTING REQUIREMENTS OF BURSA SECURITIES FOR THE ACE MARKET
B3. Commentary on Prospects
The Group notes the current market landscape, particularly the government’s continued emphasis on driving the Digital Economy. This is expected to support steady demand for ICT-related solutions, with government agencies likely to remain the main contributors to sector spending. Meanwhile, private sector sentiment is expected to stay cautious, with investments focused on essential digitalisation needs, especially in cybersecurity, e-Invoicing compliance, and other critical ICT services.
In response, the Group will continue strengthening its hardware distribution, software and professional services, and recruitment and consultancy offerings to meet evolving market needs. The Group will also pursue opportunities in higher-margin segments, regional expansion, and strategic partnerships, while internally continuing to strengthen cost-control measures, streamline operations, and enhance efficiency to support sustainable growth.
Barring unforeseen circumstances, the Board remains cautiously optimistic of achieving improved performance in the next financial year, supported by operational improvements and ongoing efforts to enhance service delivery and expand the customer base.
B4. Profit Forecast and Profit Guarantee
The Group has not provided any profit forecast or profit guarantee in any public document.
B5. Taxation
| Current Quarter Ended | Cumulative Quarter Ended | |
|---|---|---|
| 31/3/2026 | 31/3/2026 | |
| RM'000 | RM'000 | |
| Unaudited | Unaudited | |
| Income tax | ||
| - Current provision | 149 | 149 |
| - (Over)/ under provision of tax in prior years | - | - |
| Total income tax expenses | 149 | 149 |
Provision for taxation for the current quarter and financial period has been made in respect of the subsidiaries based on the estimated assessable profits for the financial year. The income tax has been computed at the Malaysian statutory tax rate of 24%.
TECHNODEX BHD.
Registration No. 200301025214 (627634-A)
(Incorporated in Malaysia)
Unaudited Quarterly Financial Report for the Third Quarter Ended 31 March 2026
PART B. – EXPLANATORY NOTES PURSUANT TO APPENDIX 9B OF THE LISTING REQUIREMENTS OF BURSA SECURITIES FOR THE ACE MARKET
B6. Interest Expenses
Breakdown of classification of interest expenses
| Current Quarter Ended | Cumulative Quarter Ended | |||
|---|---|---|---|---|
| 31-Mar-2026 Unaudited RM'000 | 31-Mar-2025 Audited RM'000 | 31-Mar-2026 Unaudited RM'000 | 31-Mar-2025 Audited RM'000 | |
| i) Finance costs | ||||
| Lease liabilities interest | 10 | 15 | 32 | 40 |
| Bank overdraft interest | 53 | 65 | 171 | 205 |
| Total Interest expenses | 63 | 80 | 203 | 245 |
B7. Corporate Proposals
The Board of Directors of the Company had on 26 March 2026 announced a proposed private placement of up to 88,579,642 new ordinary shares (“TDEX Shares”), representing not more than 10% of the total number of issued TDEX Shares (“Proposed Private Placement”). The application in relation thereto was submitted to Bursa Malaysia Securities Berhad on 23 April 2026.
The application for the listing of and quotation for the placement shares has been approved by Bursa Malaysia Securities Berhad on 28 April 2026. As at the date of this report, the Company has yet to allot and issue the placement shares.
B8. Borrowings and Debt Securities
Details of the Group’s borrowings as at 31 March 2026 are as follows: -
| As at 31/3/2026 (RM’000) | |
|---|---|
| Current: | |
| Bank overdraft | 2,294 |
| Lease Liabilities | 385 |
| 2,679 | |
| Non-Current: | |
| Lease Liabilities | 215 |
| 215 | |
| Total | 2,894 |
B9. Material Litigation
There was no material litigation as at the date of this report.
TECHNODEX BHD.
Registration No. 200301025214 (627634-A)
(Incorporated in Malaysia)
Unaudited Quarterly Financial Report for the Third Quarter Ended 31 March 2026
PART B. – EXPLANATORY NOTES PURSUANT TO APPENDIX 9B OF THE LISTING REQUIREMENTS OF BURSA SECURITIES FOR THE ACE MARKET
B10. Dividend
The Board of Directors does not recommend any dividend for the current quarter under review and the financial year-to-date.
B11. Earnings per Share
The basic earnings per share is calculated based on Group’s net loss attributable to the owners of the parent of approximately RM0.766 million for the current quarter under review and net loss attributable to the owners of RM1.943 million for the current year-to-date, divided by the weighted average number of ordinary shares in issue as follows: -
| Current Quarter Ended | Cumulative Quarter Ended | |
|---|---|---|
| 31/3/2026 | 31/3/2026 | |
| Unaudited | Unaudited | |
| Loss attributable to ordinary equity holders of the parent (RM’000) | (766) | (1,943) |
| Weighted Average Number of Ordinary Shares | 885,796,423 | 885,796,423 |
| Basic profit per share (sen) | (0.09) | (0.22) |
The loss for the period attributable to ordinary equity holders of the parent is not subjected to any dilutive elements, thus diluted loss per shares is not presented.