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VCIG

VCI Global Limited

VCIG

VCI Global Limited • NASDAQ
$1.12 ▲ 5.66% (+0.06)
Market Cap $7.33 M
52w High $2994.00
52w Low $0.91
Dividend Yield 0%
P/E 0
Volume 651.36K
Outstanding Shares 6.54M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q4-2024 $59.637M ▼ $1.464M ▼ $7.291M ▼ 12.226% ▼ $34.96 ▼ $8.924M ▼
Q2-2024 $64.752M ▲ $19.005M ▲ $27.909M ▲ 43.102% ▲ $352.8 ▼ $27.814M ▲
Q4-2023 $46.335M ▲ $7.604M ▼ $14.463M ▼ 31.214% ▼ $377.92 ▼ $12.828M ▼
Q2-2023 $44.463M ▲ $9.948M ▲ $21.203M ▲ 47.688% ▼ $539 ▲ $20.678M ▲
Q4-2022 $14.195M $3.45M $8.017M 56.476% $223.26 $466.144K

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q4-2024 $36.214M ▲ $409.309M ▲ $23.416M ▼ $385.899M ▲
Q2-2024 $10.391M ▲ $267.931M ▲ $31.13M ▲ $242.77M ▲
Q4-2023 $4.637M ▼ $118.048M ▲ $25.078M ▲ $97.062M ▲
Q2-2023 $15.329M ▲ $81.367M ▲ $11.824M ▼ $72.334M ▲
Q4-2022 $3.996M $41.824M $17.55M $25.916M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q4-2024 $7.292M ▼ $119.108M ▲ $-195.702M ▼ $114.02M ▲ $0 ▼ $118.392M ▲
Q2-2024 $27.909M ▲ $-19.509M ▼ $-21.757M ▲ $40.337M ▲ $617.718K ▲ $-20.255M ▼
Q4-2023 $14.463M ▼ $22.464M ▲ $-31.199M ▼ $-2.011M ▼ $-5.346M ▼ $21.118M ▲
Q2-2023 $21.203M ▲ $-17.18M ▼ $12.955M ▲ $15.613M ▲ $5.666M ▲ $-17.826M ▼
Q4-2022 $8.017M $-701.624K $1.306M $1.678M $-1.714M $-2.337M

Five-Year Company Overview

Income Statement

Income Statement VCI Global is still a very small company in revenue terms, but its sales have been climbing steadily each year. The business has consistently earned a healthy gross margin and has managed to stay profitable at the operating and net income level, which is unusual for a young, tech-heavy advisory firm. The profit trend is upward but built on a narrow base, so results could swing more sharply than for a larger, more diversified company. Reported earnings per share look unusually high, which likely reflects a small share count and share-structure changes rather than a large underlying profit pool.

Balance Sheet

Balance Sheet The balance sheet is light but clean: assets and shareholders’ equity have grown meaningfully over the past few years, while the company carries no financial debt. Cash has improved from almost nothing to a modest cushion, but not yet to the level of a deeply capitalized tech giant. The company appears to be funding growth largely through equity and internally generated profits, which reduces financial risk but can limit how fast it scales. Overall, it looks like a lean, asset-light consulting and tech platform with a simple capital structure.

Cash Flow

Cash Flow VCI Global is already generating positive cash flow from its core operations, which is encouraging for a company of its size and age. Free cash flow has generally been positive as well, helped by low spending on physical assets and an advisory model that does not require heavy investment in equipment. The recent step-up in capital spending for technology infrastructure is visible but still controlled, suggesting the company is trying to balance growth ambitions with cash discipline. Given the small absolute cash flows, any slowdown in projects or delays in new platform launches could quickly change the cash picture, so there is limited room for missteps.

Competitive Edge

Competitive Edge Competitively, VCI Global sits at the intersection of consulting and technology, combining capital markets advisory with AI, cybersecurity, and fintech offerings. Its niche in helping Asian companies list on overseas exchanges, along with exclusive access to certain cybersecurity tools, gives it clear differentiation against traditional local consultants. The planned AI cloud platform backed by high-end GPUs could position it as an early mover in enterprise AI services in Southeast Asia, where local options are still limited. At the same time, its small size and broad ambitions leave it exposed to larger global consulting firms and cloud providers that could move into the same niches, making execution and speed especially critical.

Innovation and R&D

Innovation and R&D Innovation is the heart of the story: the company is investing in AI cloud infrastructure, encrypted AI data platforms, hardware-based security, and AI-integrated servers aimed at privacy-sensitive enterprises. It is also pushing into fintech, digital assets, and cybersecurity-as-a-service, attempting to build an ecosystem rather than just point solutions. Beyond pure software, it is exploring partnerships in semiconductors and renewable energy, signaling a willingness to pursue diverse, higher-growth verticals. The upside is a pipeline of potentially high-margin, differentiated offerings; the risk is that the company may be stretching limited resources across many complex initiatives at once.

Summary

VCI Global comes across as a very small but already profitable advisory and technology company with a clean, debt-free balance sheet and positive cash generation. Its strategy is bold: fuse IPO and capital markets consulting with AI cloud, cybersecurity, and fintech solutions to create a one-stop platform for companies in Asia and beyond. If it can successfully launch and scale its AI and cybersecurity platforms, deepen its strategic partnerships, and convert its innovation roadmap into recurring, high-quality revenue, the business profile could strengthen meaningfully. However, the company’s modest scale, ambitious diversification, share-structure volatility, and intense competition from much larger global players mean that execution risk and earnings volatility are likely to remain high for some time.

NEWS

November 25, 2025 · 8:28 AM UTC

VCI Global Partners with Oobit to Expand Access to the US$3.1 Trillion Global Payment Market for Crypto-to-Fiat Transactions

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November 21, 2025 · 7:59 AM UTC

VCI Global CEO Purchases Shares on the Open Market, Reinforcing Confidence in the Company's Growth

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November 19, 2025 · 4:30 PM UTC

VCI Global Executes Share Repurchases as Part of Multi-Sector Technology Expansion Strategy

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November 17, 2025 · 8:08 AM UTC

VCI Global Declares Special Dividend of V Gallant Shares as Cybersecurity & AI Subsidiary Prepares for Nine-Figure Nasdaq IPO

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November 13, 2025 · 8:00 AM UTC

Tether-Backed OOBIT Token Trading Live on Kraken; VCI Global Reports US$109.8 Million Unrealized Gain from Initial US$50 Million Digital-Treasury Deployment

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