Professional
Added to YB: 2024-10-03
Pitch date: 2024-10-01
ADB.KL [bullish]
Autocount Dotcom Berhad
Author Info
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Company Info
Autocount Dotcom Berhad, a software development company, engages in developing and distributing financial management software under the AutoCount brand.
Market Cap
MYR 525.7M
Pitch Price
MYR 0.95
Price Target
N/A
Dividend
4.19%
Sector
Software
Category
growth
Autocount Dotcom Berhad (KLSE:ADB)
ADB.KL: Leading Malaysian accounting software co. E-invoicing mandate catalyst, similar to 458% sales jump post-GST. Q2 2024: 53% rev growth, 100% profit growth. 6k new clients in Q2. Aggressive discounting for market share. Shift to SaaS. 29x EV/NOPAT, but growth potential makes it look conservative. ASEAN expansion plans.
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