KUALA LUMPUR: Foodie Media Bhd
plans to continue diversifying into new content verticals, industry segments and client categories while leveraging technology and artificial intelligence (AI) to improve productivity and campaign performance.
The digital-marketing-driven media company said it is well positioned to sustain its growth trajectory, supported by favourable long-term trends in digital advertising, creator-led marketing and performance-driven brand engagement, while creating long-term value for its clients, employees and shareholders.
For the third quarter ended May 31, Foodie Media posted a net profit of RM4.15mil, or earnings per share of 0.47 sen, bringing its nine-month net profit to RM11.12mil, or 1.32 sen per share.
Quarterly revenue stood at RM13.9mil, while revenue for the first nine months totalled RM39.7mil.
Foodie Media ended the quarter with RM49.5mil in cash and short-term deposits, while total borrowings stood at RM1.1mil, comprising hire purchase and lease liabilities with no bank borrowings.
The group said this resulted in a net cash position of approximately RM48.4mil, providing financial flexibility to support future growth initiatives and strategic investments.
Foodie Media’s first interim dividend of 0.32 sen per share and special dividend of 0.21 sen per share, totalling approximately RM4.7mil, were paid on May 25, 2026.
Chief executive officer Nicholas Lim Pinn Yang said the results reflect the growing relevance of Foodie Media's integrated platform approach.
He said the group had already surpassed its full-year FY25 revenue, profit before tax and net profit after just nine months of FY26, while also paying its first interim and special dividends during the quarter.
"This demonstrates the growing scale of our platform, the strength of client demand and the resilience of our diversified business model," he said.
“Backed by a strong balance sheet and supported by favourable industry trends, we remain focused on scaling the audience we own, investing in technology and talent, and deepening how we monetise that audience across the 4Cs (content, creator, commerce and community), as we work towards becoming the attention infrastructure of Southeast Asia.”
