KUALA LUMPUR (Feb 6): Less than three years after its ACE Market debut in May 2023, financial management software solutions developer Autocount Dotcom Bhd (KL:ADB) has secured regulatory approval to migrate to the Main Market of Bursa Malaysia.

The transfer is now in its final stages, with completion targeted for the first quarter of 2026, said the group in a statement.

Managing director Choo Yan Tiee said the Main Market listing is expected to enhance Autocount’s corporate profile and broaden its investor base, particularly among institutional funds that are restricted from investing in ACE Market securities.

“The approval to transfer to the Main Market represents a powerful validation of Autocount’s growth journey. It reflects the strength of our fundamentals, governance standards, and consistent operating track record since our initial listing,” he elaborated.

The proposed transfer is supported by the group’s consistent profitability track record. For the nine months ended Sept 30, 2025 (9MFY2025), Autocount’s profit after tax surged 90.9% year-on-year to RM27.41 million on revenue of RM61.38 million.

The stronger financial performance was driven by high demand for digitalisation and e-invoicing solutions.

Autocount remains focused on executing its business strategy, anchored by the accelerating demand for digital transformation among Malaysian small and medium enterprises (SMEs).

The group continues to see strong uptake for its cloud-based platforms and e-invoicing compliant software, as businesses prepare for the phased implementation of mandatory e-invoicing nationwide.

According to AskEdge, Autocount shows trailing twelve-month earnings before interest tax depreciation and amortisation margins of 57.4%.

Autocount’s share price fell 2.21% or 1.5 sen to 66.5 sen on Friday, bringing its market capitalisation to RM366 million.