BitStrat HLDGS (06113) Issues Profit Warning: Projects RM2.70 Million FY2025 Loss After Bitcoin Impairment and Rising Operating Costs

Bulletin Express03-09

BitStrat Holdings Limited (BITSTRAT HLDGS, 06113) has warned shareholders and potential investors of an anticipated loss attributable to owners of approximately RM2.70 million for the financial year ended 31 December 2025, reversing the prior year’s RM13.30 million profit.

Management attributes the projected loss primarily to two factors:

1. Bitcoin impairment: A non-cash impairment of digital assets totaling about RM4.90 million was recognised during the period. 2. Escalating operating expenses: Other operating costs rose to roughly RM22.40 million, up from RM13.30 million a year earlier, driven by higher spending on analytical reviews aimed at improving telemarketing service performance and workforce deployment.

The Board emphasised that the Bitcoin impairment is an accounting adjustment and does not involve cash outflows. Final audited results are slated for release by the end of March 2026.

The company advises investors to exercise caution when dealing in its shares pending publication of the full annual results.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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