iCar Asia’s 2019 revenue up by 28% and EBITDA improved by 45%

Kuala Lumpur, February 21st, 2020

21 February 2020 – iCar Asia Limited (‘iCar Asia’ or the ‘Company’), ASEAN's number 1 network of automotive portals, has released its unaudited Preliminary Financial Report for the year ending 31 December 2019. Final...

iCar Asia again reports record quarterly cash receipts

Kuala Lumpur, January 14th, 2020

Record quarterly cash receipts for Q4 2019 of A$4.2million, up 39% year on year Net operating cash flow improved by 37% for full year 2019 and by 25% year on year for Q4 Malaysia and Thailand EBITDA and cashflow positive for the full year of...

iCar Asia reaches EBITDA breakeven in November 2019

Kuala Lumpur, December 4th, 2019

4 December 2019 – iCar Asia Limited (‘iCar Asia’, the ‘Group’ or the ‘Company’), ASEAN's number 1 network of digital automotive marketplaces, announced today that the Gr...

iCar Asia completes the acquisition of Carmudi Indonesia

Kuala Lumpur, November 12th, 2019

12 November 2019 - iCar Asia Limited (‘iCar Asia’ or the ‘Company’), owner of ASEAN's number 1 network of automotive portals today announced it had signed the long form documents and deed of shares transfer for the acquisi...

iCar Asia improves Operating Cash Flow by 45% and beats Revenue Guidance for Q3

Kuala Lumpur, October 11th, 2019

Operating Cash Flows improved by 45% year on year and by 12% versus the previous quarter iCar Asia’s unaudited revenue in Q3 grew 29% year on year to A$3.9 million, beating guidance of 27% Strong cash receipts from customers for Q3 2019...