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Starbox Group Holdings Ltd., a company specializing in connecting retail merchants with shoppers through cash rebates and providing digital advertising services, has reported its financial performance for the fiscal year ended September 30, 2023. The company's total revenue increased by 63.2% to $11.74 million, primarily due to the introduction of software licensing services and the acquisition of One Eighty Ltd. Despite this growth, net income decreased by 31.7% to $2.15 million, attributed to increased operating expenses and income tax provisions. The company also expanded its business into marketing and software development sectors, as well as online and offline advertising services. Starbox Group's operations are primarily located in Malaysia, and it has undergone a reorganization to streamline its holding structure. The company's financial statements have been audited by YCM CPA INC. and Friedman LLP, with no material misstatements found. Starbox Group's shares are traded on the Nasdaq Capital Market under the symbol 'STBX'.
Starbox Group Holdings Ltd., a company specializing in connecting retail merchants with shoppers through cash rebates and providing digital advertising services, has reported its financial performance for the fiscal year ended September 30, 2023. The company's total revenue increased by 63.2% to $11.74 million, primarily due to the introduction of software licensing services and the acquisition of One Eighty Ltd. Despite this growth, net income decreased by 31.7% to $2.15 million, attributed to increased operating expenses and income tax provisions. The company also expanded its business into marketing and software development sectors, as well as online and offline advertising services. Starbox Group's operations are primarily located in Malaysia, and it has undergone a reorganization to streamline its holding structure. The company's financial statements have been audited by YCM CPA INC. and Friedman LLP, with no material misstatements found. Starbox Group's shares are traded on the Nasdaq Capital Market under the symbol 'STBX'.
Starbox Group Holdings Ltd.是一家专门通过现金回扣将零售商家与购物者联系起来并提供数字广告服务的公司,该公司公布了截至2023年9月30日的财年的财务业绩。该公司的总收入增长了63.2%,达到1174万美元,这主要是由于引入了软件许可服务和收购了One Eighty Ltd。尽管如此,净收入下降了31.7%,至215万美元,这要归因于运营费用和所得税准备金的增加。该公司还将其业务扩展到营销和软件开发领域以及在线和离线广告服务。Starbox 集团的业务主要位于马来西亚,并进行了重组以精简其控股结构。该公司的财务报表已由YCM CPA INC.和Friedman LLP进行了审计,未发现任何重大错误陈述。Starbox集团的股票在纳斯达克资本市场上市,股票代码为 “STBX”。
Starbox Group Holdings Ltd.是一家专门通过现金回扣将零售商家与购物者联系起来并提供数字广告服务的公司,该公司公布了截至2023年9月30日的财年的财务业绩。该公司的总收入增长了63.2%,达到1174万美元,这主要是由于引入了软件许可服务和收购了One Eighty Ltd。尽管如此,净收入下降了31.7%,至215万美元,这要归因于运营费用和所得税准备金的增加。该公司还将其业务扩展到营销和软件开发领域以及在线和离线广告服务。Starbox 集团的业务主要位于马来西亚,并进行了重组以精简其控股结构。该公司的财务报表已由YCM CPA INC.和Friedman LLP进行了审计,未发现任何重大错误陈述。Starbox集团的股票在纳斯达克资本市场上市,股票代码为 “STBX”。
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