KUALA LUMPUR (Nov 24): Catcha Digital Bhd’s (KL:CATCHA) third quarter net profit more than doubled due to contributions from its online media business iMedia Asia group and newly acquired exhibition and trade show organiser, One International Exhibition Sdn Bhd.

Net profit for Catcha Digital was RM2.8 million in the quarter ended Sept 30, 2025 (3QFY2025) versus RM1.2 million a year earlier, according to an exchange filing.

Quarterly revenue rose 127% to RM25.3 million compared to RM11.1 million in the previous year.

The group said One International contributed RM6.94 million in revenue following the successful organisation of its trade exhibitions in August and September 2025.

For the nine-month period, revenue rose 72.5% to RM47.5 million, from RM27.6 million a year earlier. Meanwhile, net profit rose 72.6% to RM5.9 million, from RM3.4 million previously.

No dividend was declared for the quarter under review.

Catcha Digital expects favourable financial prospects and aims to build a diversified digital group that delivers sustainable shareholder value while contributing to the growth of the digital economy in Malaysia and Southeast Asia.

In a separate statement, chief executive officer Erin Tan said its recent acquisitions helped lift both revenue and net profit despite a challenging macroeconomic environment.

“The successful integration of our recent acquisitions into the group has led to marked improvement in our earnings. This success is a clear testament to our capability to identify and unlock significant earnings potential immediately following an acquisition,” said Tan.

Catcha Digital has completed four of the eight acquisitions announced in the past year to boost its presence in the digital economy and support future earnings. The combined expected profit from these companies is about RM26.7 million for their first 12 months post-acquisition or for the year ending Dec 31, 2025, where applicable.

It completed a 60% acquisition of One International for RM11.38 million in August 2025, 60% of Drive 2 Digital Sdn Bhd for RM16.2 million in May 2025, 70% of Tastefully Malaysia Sdn Bhd for RM7.6 million in June 2025, and 51% of Nexible Solutions Sdn Bhd for RM11.3 million in January 2025.

Its acquisition of a 92.5% interest in Theta Service Partner Sdn Bhd for RM35 million, 51% of DS Services Sdn Bhd for RM22.95 million, and 60% of Framemotion Studio Sdn Bhd for RM37.32 million are yet to be completed. Its latest acquisition, announced on Nov 6, 2025, is for iMedia Asia Sdn Bhd to purchase a 100% interest in Maxoom Sdn Bhd for RM6.125 million for entry into the consumer technology space.

“We will continue to pursue strategic partnerships, investments and acquisitions that are directly accretive to our earnings per share,” said chairman Patrick Grove in a statement.

Shares of Catcha Digital closed up half a sen or 1.59% to 32 sen on Monday’s noon break, valuing the group at RM144.2 million.