VCIG Earnings Prediction
The chart below shows how VCIG performed 10 days before and after its earnings report, based on data from the past quarters. Typically, VCIG sees a +0.00% change in stock price 10 days leading up to the earnings, and a +0.00% change 10 days following the report. On the earnings day itself, the stock moves by +0.00%. This data can give you a slight idea of what to expect for the next quarter's release.
VCIG Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
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Gross Margin
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Operating Margin
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Net Margin
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EPS
17.64
-38.39%
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No Data Available
VCIG Earnings Analysis
VCI Global Limited Ordinary Share Corporation (VCIG.O) Earnings Conference Call
Positive
Revenue Increase Overview: 44% increase in revenue, totaling $13.7 million compared to the same period last fiscal year.
Net Income Surge: 25% increase in net income, reaching $5.4 million compared to the same period last fiscal year.
Consultancy Revenue Surge: Revenue from the Business Strategy Consultancy segment surged by 151% from $4.5 million to $11.2 million in the first half of 2024.
Fintech Revenue Surge: Fintech segment revenue increased by 183% to $0.7 million compared to $0.2 million during the same period last fiscal year.
EBITDA Growth and Profitability: 26% increase in EBITDA, reaching $5.7 million, reflecting significant improvement in profitability.
Negative
Fintech Revenue Growth: Revenue from the Fintech segment only increased by 183% to $0.7 million, indicating that it remains a small contributor to overall revenue despite the growth.
Revenue Increase Challenges: Despite a 44% increase in total revenue to $13.7 million, the company still faces challenges in scaling its smaller segments, as evidenced by the low revenue figures from Fintech and other areas.
Consultancy Revenue Surge: The Business Strategy Consultancy segment, while showing a 151% increase, had a starting revenue of only $4.5 million, suggesting that it was previously underperforming and reliant on a few key clients for growth.
Net Income Growth Concerns: The overall net income increase of 25% to $5.4 million, while positive, indicates that profit growth is lagging behind revenue growth, raising concerns about cost management and operational efficiency.
Client Concentration Risk: The company is advising nearly 15 clients on going public, which may indicate a reliance on a limited number of clients for future revenue, posing a risk if any of these clients do not proceed.
VCIG FAQs
How does VCIG typically perform around its earnings report dates?
Is VCI Global Limited. (VCIG) Q2 2024 Earnings Call Summary positive or negative?
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VCIG Earning Call Sentiment
VCI Global Limited. (VCIG) Q2 2024 Earnings Call Transcript
1.0x
00:00
00:00
VCIG.O
30.31%Positive
The earnings call reflects strong financial performance with significant revenue and net income growth, especially in the Business Strategy Consultancy segment. Strategic initiatives, including acquisitions and a secondary listing, indicate expansion efforts. The share buyback program signals confidence in future prospects. Despite macroeconomic and regulatory risks, the absence of unclear management responses in the Q&A section suggests transparency and confidence. The positive financial metrics and strategic moves suggest a likely positive stock price movement over the next two weeks.
