IRIS Corp. Bhd.

IRIS Corp. Bhd.

MMYX:IRIS
0.18
MYR
0.00
(0.00%)
28.53P/E
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
1.36
1.02
0.92
0.77
0.56
0.34
0.31
0.14
0.27
0.43
0.45
0.27
0.21
0.18
Basic EPS, GAAP
0.06
-0.04
0.01
-0.52
-0.2
0.06
0.02
-0.01
- -
0.03
0.04
0.03
- -
-0.01
Free Cash Flow per Basic Share
-0.29
-0.16
-0.14
0.07
0.06
0.1
-0.03
0.01
-0.03
0.02
0.04
0.03
0.03
0.03
Dividend per Share
0.02
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.02
- -
- -
Book Value per Share
1.15
1.07
1.06
0.49
0.29
0.37
0.39
0.4
0.4
0.43
0.47
0.47
0.47
0.47
Tangible Book Value per Share
0.46
0.32
0.7
0.23
0.06
0.18
0.21
0.23
0.24
0.29
0.34
0.37
0.36
0.36
Basic Weighted Avg Shares
423
510
519
558
603
684
742
750
792
816
816
816
816
816
Sales/Revenue/Turnover
573
520
476
429
335
229
230
107
211
349
371
221
168
146
Operating Margin (%)
9.89
2.14
2.85
-64.35
-33.35
1.03
12.08
-3.4
2.12
9.63
11.55
14.94
4.05
-9.5
Depreciation Expense
32
30
28
22
19
9
10
7
8
8
6
4
4
4
Net Income, GAAP
23
-22
6
-292
-124
38
14
-11
3
22
32
24
-4
-9
Effective Tax Rate (%)
46.89
- -
- -
- -
- -
8.11
45.77
- -
18.77
33.34
20.15
28.35
319.87
61.16
Profit Margin (%)
4.06
-4.22
1.27
-68.05
-36.91
16.69
5.97
-10.34
1.62
6.28
8.69
10.75
-2.16
-5.86
Working Capital
116
138
288
52
-68
35
55
81
110
158
204
227
224
226
LT Debt
76
167
140
90
60
31
19
6
2
- -
- -
- -
- -
- -
Total Equity
606
565
538
240
144
250
265
291
323
345
378
386
378
378
Return on Invested Capital (%)
3.44
- -
- -
- -
- -
1
5.53
- -
1.2
6.82
9.66
6.31
-3.98
3.65
Return on Capital (%)
4.58
- -
- -
- -
- -
16.27
4.6
- -
1.47
6.56
8.96
6.2
-1.12
2.67
Return on Common Equity (%)
4.82
-4
1.11
-70.9
-54.45
16.92
4.91
-3.67
1.07
6.51
8.88
6.2
-0.94
-2.21

Capital Structure

MYR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
1
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
816
816
816
Market Capitalization
196
143
175

Working Capital

MYR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
454
423
427
Cash, Cash Equivalents & STI
31
166
181
Accounts Receivable, Net
114
55
56
Inventories
14
24
28
Total Current Liabilities
216
198
201
Payables & Accruals
- -
- -
- -
ST Debt
- -
1
- -
Deferred Revenue
- -
- -
- -

Growth Rates

MYR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
2.17%
5.44%
-2.03%
Free Cash Flow
-80.85%
-92.41%
8.74%
Net Income, GAAP
-504.38%
63.31%
-115.23%
Sales/Revenue/Turnover
-1.18%
21%
-24.14%
Total Cash Common Dividend
- -
- -
-75%

Quarterly Revenue

MYR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
82
41
57
42
221
2026
63
50
34
21
168
2027
41
- -
- -
- -
- -

Quarterly Earnings Per Share

MYR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
0.02
- -
0.01
- -
0.03
2026
0.01
- -
- -
-0.02
- -
2027
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

MYR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
0.01
0.02
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Company Description

CEO
Jen Wen Chia
Full Time Employees
454
Sector
Electronic technology
Industry
Computer peripherals
Address
IRIS Smart Technology Complex Kuala Lumpur WP Malaysia 57000
IPO Date
Jul 2, 2002
Business
IRIS Corporation Berhad engages in the development and provision of trusted identification solutions, including electronic passports, national e-identification cards, digital IDs, eVisas, eVoter cards, driver's licenses, and automated border control systems; it manufactures smart cards in PVC, PC, PETG, and hybrid materials, biometric scanners, contact and contactless card readers, secure document solutions with IRISeal technology, payment cards, RFID systems, automated electronic ticketing and fare collection, loyalty management programs, and digital conferencing systems. The company serves government agencies and enterprises in sectors such as immigration, banking, transportation, healthcare, and security, with operations spanning over 34 countries including Malaysia, Nigeria, Senegal, Tanzania, Guinea-Conakry, and others across Asia, Africa, and beyond. Founded in 1994 and headquartered at IRIS Smart Technology Complex, Technology Park Malaysia, Bukit Jalil, Kuala Lumpur, Malaysia, IRIS lists on Bursa Malaysia's ACE Market under ticker 0010.KL. In September 2025, IRIS signed a supplemental agreement to transfer its listing to IGB Corporation Berhad as part of a major corporate restructuring aimed at streamlining its structure and enhancing market positioning; it recently sold IRIS Tech Ventures Sdn Bhd for MYR 2.4 million and faces ongoing legal matters including a failed appeal against ex-directors over investment losses. The company has implemented strategic cost-cutting measures, including cloud migration and automation, improving net profit margins to 11% in FY2025 despite a 40.5% revenue decline to RM221 million due to delayed e-passport deliveries and market challenges in its Trusted ID and IT division.