iCarAsia Press Release

iCar Asia’s quarterly net operating cash outflow reaches a 5 year record low

Kuala Lumpur, July 12th, 2019

Strong cash receipts from customers for Q2 2019 of A$3.73 million Net operating cashflows improved by 48% vs the same period last year Cash balance significantly improved to A$12.9m due to receipt of A$7.67m from the exercising of options in...

iCarAsia Press Release

iCar Asia’s Q1 2019 cash receipts grows 25% versus Q4 2018

Kuala Lumpur, April 8th, 2019

Cash receipts from customers in Q1 2019 of A$3.8 million, up A$0.8m or 25% versus Q4 2018 iCar Asia’s unaudited revenue in Q1 2019 grew 30% year on year to A$2.6 million Net Operating Cash Flows improved 20% quarter on quarter with a dec...

iCarAsia Press Release

iCar Asia Limited announces annual revenue growth of 27%

Kuala Lumpur, February 22nd, 2019

22 February 2019 – iCar Asia Limited (‘iCar Asia’ or the ‘Company’), ASEAN's number 1 network of automotive portals, has released its full-year Financial Report for the year 2018 with a 27% increase in revenue year-o...

Carlistbid.my steps up with 2nd inspection hub

Kuala Lumpur, February 11th, 2019

Shah Alam, 11 February 2019 – Carlistbid.my, a brand under Carlist.my has just opened their 2nd inspection hub here in 3 Stone Park, Glenmarie, to cater to the increasing demand for cars through their auction platform. This hub’s main ben...

iCarAsia Press Release

iCar Asia’s Q4 cash receipts grows 36%, Thailand is EBITDA and cashflow positive

Kuala Lumpur, January 11th, 2019

  Thailand operations became EBITDA and cash flow positive in December. Malaysia records its first quarterly positive EBITDA and net cashflow Cash receipts from customers in Q4 grew 36% year on year to A$3.0 million Operational metri...

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