Company: ARBB
Filing Date: 2025-10-31
Form Type: 20-F
Source: 0001213900-25-104705
Chunk: 69

Company: ARB IOT Group Ltd
Filing Date: 2025-10-31
Form: 20-F
Item: Item 5
Chunk 69
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49,920       10,692      (20,335       (4,306       (70,255      (14,998      (140.7  
  Total expenses                                                                                          (28,814       (6,172      (46,782       (9,907       (17,968       (3,735        62.4  
  Other income                                                                                                787          169        1,608          341           821          172       104.3  
  Profit/(loss) before tax                                                                                 21,893        4,689      (65,509      (13,872       (87,402      (18,561      (399.2  
  Tax expenses                                                                                              5,644        1,209       10,821        2,292         5,177        1,083        91.7  
  Profit/(loss) for the financial year, representing total comprehensive income/(loss) for the year        27,537        5,898      (54,688      (11,580       (82,225      (17,478      (298.6  
  Item that may be reclassified subsequently to profit or loss:                                                                                                                                  
  Exchange differences arising on translation of foreign operation                                          1,100          236          278           59          (822         (177         (75  
  Total comprehensive income/(loss) for the year                                                           28,637        6,134      (54,410      (11,521       (83,047      (17,655      (291.4  

Revenue. For the year ended June
30, 2024, the revenue decreased by RM183.9 million ($39.5 million) or 76.0% to RM58.2 million ($12.3 million), when compared with RM242.1
million ($51.9 million) for the year ended June 30, 2023, primarily due to completion of construction and deployment of a newly developed
IoT smart farming system in Terengganu in previous financial year. Additionally, the decrease was due to the shift in the IoT Smart Agriculture’s
revenue model from one-off sales to recurring income in 2023. We now generate income from the IoT Smart Agriculture by offering our systems
to customers on a profit-sharing basis, in contrast with the previous model of one-off sales. Although this has led to a revenue decrease
in