Catcha Digital Berhad (“Catcha Digital” or the “Group”) has on 26 Aug announced its unaudited financial results for the second quarter and half-year ended 30 June 2026 (“Q2 FY2026” and “H1 FY2026”).
For the half-year ended 30 June 2026, the Group achieved the following financial results compared to the corresponding period of the prior financial year (“H1 FY2025”):
- Revenue of RM47.69 million, up 114% year-on-year
- Adjusted EBITDA* of RM8.69 million, up 80% year-on-year
- Adjusted PATAMI* of RM3.64 million, up 14% year-on-year
- Statutory LATAMI of RM1.69 million, arising substantially from non-cash and acquisition-
- related charges (see reconciliation below)
- Cash and cash equivalents of RM30.40 million as at 30 June 2026
We are two years into building a permanent home for market-leading companies .
The revenue has been growing meaningfully, our half-year revenue more than doubled year-on-year and our adjusted EBITDA grew 80%, which tells us the underlying platform is compounding as intended.
The statutory loss reflects the accounting cost of acquiring eight businesses in fifteen months and not the cost of operating them,” said Eric Tan, Group Chief Executive Officer of Catcha Digital.
Record Half-Year Revenue Driven by the Digital Media Portfolio
The digital media segment remained the primary driver of the Group’s revenue growth, contributing RM20.77 million in Q2 FY2026, compared with RM12.38 million in Q2 FY2025, and RM46.41 million in H1 FY2026, compared with RM21.61 million in H1 FY2025.
The segment accounted for the majority of the Group’s revenue in both periods, driving overall revenue growth of 68% for the quarter and 115% for the first half.
Digital media also remained the Group’s core earnings engine. The segment delivered adjusted EBITDA of RM4.69 million in Q2 FY2026, up from RM3.77 million in Q2 FY2025, and RM11.72 million in H1 FY2026, compared with RM5.85 million in H1 FY2025.
This represents adjusted EBITDA growth of 24% for the quarter and 100% for the first half.
Earnings Inflection: B2B Expo Weighted To The Second Half
The B2B Expo segment did not hold any exhibitions during the quarter and therefore incurred fixed operating costs without corresponding revenue, resulting in an adjusted LATAMI of RM0.45 million.
As the segment was only established in Q3 FY2025, there was no comparable contribution in Q2 FY2025.
Its flagship exhibitions for FY2026 are scheduled to take place in Q3 FY2026, meaning the segment’s revenue and profit contribution for the financial year is expected to be concentrated in the second half.
The B2B Expo segment comprises Agri Malaysia, MBAM OneBuild and the Malaysian International Food and Beverage Trade Fair (MIFB).
The Group’s overall moderation in Q2 adjusted EBITDA and adjusted PATAMI was mainly due to the seasonal absence of B2B Expo exhibitions during the quarter, as well as higher investment at the holding company level, rather than any softening in the underlying digital media business.
Strong Capital Position To Continue Executing Acquisition Strategy
The Group’s acquisition-led expansion is supported by a solid capital base.
Catcha Digital has a RM35 million Revolving Credit Facility with Affin Hwang Investment Bank Berhad and could potentially raise up to an additional RM73 million upon the full exercise of outstanding warrants issued under the Rights Issue completed in 2025.
In line with the Group’s policy of funding growth through operating cash flow first, followed by debt and then equity, proceeds from the warrants remain a reserve funding source rather than a primary funding mechanism.
As at 30 June 2026, the Group held RM30.40 million in cash and cash equivalents, against total bank borrowings of approximately RM12.29 million.
“We now have a growing portfolio across three verticals and eight acquisitions expected to contribute for a full financial year in FY2026. With our B2B Expo exhibitions weighted to the second half, we expect earnings to inflect through the remainder of the year and end FY2026 with meaningful growth compared to 2025.
We remain committed to the long-term compounding of free cash flow, and we are as excited as ever about partnering with great entrepreneurs building category-defining businesses,” said Patrick Grove, Chairman of Catcha Digital.
Catcha Digital completed seven acquisitions in 2025 and one acquisition in Q1 FY2026, each aimed at strengthening its presence across the digital media, B2B expo and IT solutions segments.
All eight acquisitions are expected to contribute positively to future earnings. No new acquisitions were completed during Q2 FY2026.
- On 31 March 2026, Catcha Digital completed an acquisition of 100% equity interest in ExpoCO Sdn Bhd (“MIFB”) (formerly known as Constellar Exhibitions Malaysia Sdn Bhd) for a cash consideration of RM3.97 million due at Completion Date, via the Group’s 60% direct subsidiary, One International, giving the Group a 60% effective equity interest of MIFB.
- On 22 December 2025, Catcha Digital completed an acquisition of 50% equity interest in Headline Media Sdn Bhd, the owner of digital platforms including Weirdkaya, LokLokWords and Ezlokal Food, raising its total equity interest to 80%. The payment, to be made in two tranches over 12 months, consisting of RM0.80 million due at Completion Date and RM3.20 million due 12 months after Completion Date.
- On 17 December 2025, Catcha Digital completed an acquisition of 60% equity interest in
Framemotion Studio Sdn Bhd (“Framemotion”) for RM37.32 million. The payment, to be made in three tranches over 24 months, is contingent on Framemotion achieving a profit after tax and minority interest of RM6.8 million in the first 12 months post-completion and RM6.8 million in the subsequent 12 months. - On 5 December 2025, Catcha Digital completed an acquisition of 100% equity interest in
Maxoom Sdn Bhd for RM6.13 million. The payment, to be made in two tranches over 12
months, consisting of RM1.80 million due on the Completion Date and a Post-Completion Sum of RM4.33 million due 12 months after the Completion Date. The acquisition includes a Net Asset Guarantee of RM0.89 million at the Completion Accounts Date. - On 27 August 2025, Catcha Digital completed an acquisition of 60% equity interest in One International Exhibition Sdn Bhd (“One International”) for RM11.38 million. The payment, to be made in three tranches over 24 months, is contingent on One International achieving a profit after tax and minority interest of RM2.75 million in the first 12 months post-completion and RM3.16 million in the subsequent 12 months.
- On 18 June 2025, Catcha Digital completed an acquisition of 70% equity interest in Tastefully Malaysia Sdn Bhd (“Tastefully”) for RM7.6 million. The payment, to be made in four tranches over 36 months, is contingent on Tastefully achieving a PAT of RM0.5 million for the FYE 2024, RM1.1 million for the first 12 months after completion, RM1.4 million for the subsequent 12 months, and RM1.6 million for the final 12 months.
- On 7 May 2025, Catcha Digital completed an acquisition of 60% equity interest in Drive 2 Digital Sdn Bhd (“D2D”) for RM16.2 million. The payment, to be made in three tranches over 24 months, is contingent on D2D achieving a PAT of RM3.5 million in the first 12 months post-completion and RM4.2 million in the subsequent 12 months.
- On 22 January 2025, Catcha Digital completed an acquisition of 51% equity interest in Nexible Solutions Sdn Bhd (“Nexible”) for RM11.3 million. The purchase considerations are to be paid in four tranches and is tied to the achievement of the profit after tax guarantee (“PAT Guarantee”) over the period of 36 months, broken down into PAT Guarantee of RM0.7 million, RM1.2 million, RM2.2 million and RM3.3 million for the 12-month period ended 31 December 2024, 31 December 2026, 31 December 2027 and 31 December 2028 respectively.
