Company: ARBB
Filing Date: 2025-10-31
Form Type: 20-F
Source: 0001213900-25-104705
Chunk: 4

Company: ARB IOT Group Ltd
Filing Date: 2025-10-31
Form: 20-F
Item: Item 3
Chunk 4
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Risks Related to Our Business

We have a limited operating history and
experience in the Malaysian IoT industry, which may make it difficult to evaluate our business and prospects and may not be indicative
of our future growth or financial results.

We have a limited operating history in the Malaysian
IoT industry, which makes it difficult to evaluate our business and prospects. We began operations in 2019, starting with offering smart
home and building solutions, and since then, have expanded our product and service offerings to provide IoT solutions for agriculture,
construction, consumer electronics, retail and other industries.

In the fiscal year ended June 30, 2025, our revenue
increased by RM139.1 million ($34.5 million) or 239%, to RM197.3 million ($46.8 million), from RM58.2 million ($12.3 million) for the
year ended June 30, 2024.

Our growth prospects should be considered in light
of the risks and uncertainties that companies with a limited operating history and experience in our industry may encounter, including,
among others, risks and uncertainties regarding our ability to:

  introduce new products and services;  

  improve our existing products and services;  

  retain existing clients and attract new clients;  

  identify business synergies and enhance connectivity for our clients;  

  adjust and optimize our business model;  

  successfully compete with other companies that are currently in, or may in the future enter, our industry or similar industries; and  
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  observe and strategize on the latest market trends.  

All these endeavors involve risks and will require
significant allocation of management and employee resources. We cannot assure you that we will be able to effectively manage our growth
or implement our business strategies effectively. If the market for our services does not develop as we expect or if we fail to address
the needs of this dynamic market, our business, results of operations, and financial condition will be materially and adversely affected.

Our expansion into
new products, services, technologies, market segments and geographic regions subjects us to additional risks.

We continue to expand
into new market segments, products and services, such as smart agriculture, industrial building management, drone-enabled services and
AI