For FY24, SMRT achieved revenue of RM69.1 million and profit after tax and non-controlling interest ("net profit") of RM26.7 million, translating into a healthy net profit margin of 38.6%.
On a quarterly basis, the Group reported revenue of RM17.9 million in 4QFY24, marking an 11.2% growth from RM16.1 million in the immediate preceding quarter ("3QFY24"). This was primarily driven by variations in the number and timing of deployments, as well as an increase in the cumulative number of managed sites.
Meanwhile, the Group's net profit stood at RM6.2 million in 4QFY24, compared to RM6.9 million in 3QFY24, which included a one-off gain on disposal of a dormant subsidiary.