Company: ARBB
Filing Date: 2025-10-31
Form Type: 20-F
Source: 0001213900-25-104705
Chunk: 66

Company: ARB IOT Group Ltd
Filing Date: 2025-10-31
Form: 20-F
Item: Item 5
Chunk 66
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million ($12.3 million) for the year ended June 30, 2024, primarily due to the sales of IoT vending machine and IoT network hardware.

The following table sets forth the breakdown of our revenue by business
lines.

                                                    For the years ended June 30,                                                                                
                                                    2024                                                               2025                                     
                                                    (in thousands)                                                     (in thousands)                           
                                                    RM                                            USD                  RM                                       
 ────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  IoT Smart Building and Engineering                                                     470      $           100                           96,350      22,859  
  IoT Gadget Distribution                                                              5,717                1,211                                -           -  
  IoT Smart Agriculture and System Development                                        52,000               11,012                          100,970      23,955  
  Total                                                                               58,187      $        12,323                          197,320      46,814  

Revenue from IoT Smart Building and Engineering
was RM96.4 million ($22.9 million) for the year ended June 30, 2025 compared to RM0.5 million ($0.1 million) for the year ended June 30,
2024, an increase of RM95.9 million ($22.8 million). The increase was primarily attributed to additional sales from AI Wi-Fi Optimisation.

Revenue from IoT Smart Agriculture and System
Development was RM101.0 million ($24.0 million) for the year ended June 30, 2025 compared to RM52.0 million ($11.0 million) for the year
ended June 30, 2024, an increase of RM49.0 million ($12.9 million) or 94.2%. The increase was primarily due to the increase in sales from
IoT vending machine and IoT network hardware.

The business line of IoT Gadget Distribution was
disposed of on October 6, 2023 due to its insignificant profit generation.

Cost of revenue. For the year ended June 30, 2025, the cost of revenue increased by
RM126.9 million ($32.1 million) or 161.7% to RM205.5 million ($48.7 million), when compared with RM78.5 million ($16.6 million) for the
year ended June 30, 2024 which was in line with the increase in revenue.

                                                    For the