YOLFTbeta
01

Rexit Bhd

0106 · KLSE · Technology / Information Technology Services

0.36MYR+0.02 (+4.35%)

Price History

Full chart

Market Stats

Previous Close0.345
Open0.35
Day Range0.35 – 0.36
52-Week Range0.48 – 0.695
Volume12.00K
Market Cap84.88M
P/E (TTM)9.80
Forward P/E9.32
EPS0.05
Dividend Yield0.00%
Beta0.13
50-Day Avg0.5208
200-Day Avg0.5729

About

OpenMove AI Berhad, an investment holding company, provides software solutions and related services for the general insurance, Takaful, unit trust, and financial services industries in Malaysia, Hong Kong, China, and internationally. The company offers e-Cover, an online transaction portal; Agency Portal, a web based mobile responsive portal which provides comprehensive digital solution; and Integrated Insurance Management System, a customer-centric solution that covers various key operational functions, such as product development, marketing, intermediary management, underwriting, policy management, reinsurance, claims, and payments and accounts. It also provides Electronic Pilihan Pelaburan Ahli system, an online system for the submission of investment and redemption applications, which are settled electronically using the Employees Provident Fund member's contributions. In addition, the company offers takaful solutions, a customer-centric e-cover online transaction portal that offered as a software as a service solution; InfoGuardian, an integrated workflow, case management, and document management system for financial institutions, legal firms, and property valuer firms solutions. Further, the company engages in the research, design, development, and sale of application software solutions, as well as related products and services; offers software technical and consultancy services. Additionally, it provides shared and outsourcing services to insurance companies outside Malaysia, as well as eINSURANS gateway between the insurance companies in Malaysia and the JPJ. The company was formerly known as Rexit Berhad and changed its name to OpenMove AI Berhad in January 2026. The company was founded in 1998 and is based in Petaling Jaya, Malaysia.

Company Details

  • SectorTechnology
  • IndustryInformation Technology Services
  • CEOMr. Tack Heng Wong
  • Employees87
  • HeadquartersUnit 3-01 to 3-07, Level 3, Petaling Jaya, Malaysia, 47800, Malaysia
  • Websitehttps://www.rexit.com

Leadership

  • Mr. Tack Heng WongExecutive Director · b. 1972
  • Mr. Yong Qun YongChief Financial Officer · b. 1983
  • Mr. Tin Heng TongChief Application Officer · b. 1970
  • Mr. Tze Kok HewChief Strategy Officer · b. 1977
  • Ms. Mee Kiat WongCompany Secretary
  • Ms. Li Heong Lim MAICSACompany Secretary
  • Ms. Yen Teng LimJoint Secretary

Financials

Income Statement

Currency: MYR2015-06-302016-06-302017-06-302018-06-302019-06-302020-06-302021-06-302022-06-302023-06-302025-06-302026-06-30
Total Revenue17.00M18.84M20.58M21.84M22.72M25.54M25.22M26.20M27.30M48.29M34.21M
Growth (%)-+10.83%+9.19%+6.12%+4.06%+12.41%-1.25%+3.89%+4.17%+76.91%-29.16%
Cost of Revenue5.96M4.93M5.61M5.75M6.42M6.93M6.90M7.06M7.18M14.09M11.31M
Gross Profit11.04M13.91M14.96M16.09M16.30M18.61M18.32M19.14M20.11M34.19M22.90M
Gross Margin64.92%73.82%72.72%73.67%71.72%72.85%72.64%73.04%73.68%70.81%66.95%
Operating Expense5.40M5.07M5.13M5.82M5.79M5.76M5.54M6.75M5.61M12.80M14.51M
Operating Income5.63M8.84M9.84M10.27M10.51M12.85M12.79M12.39M14.50M21.39M8.39M
Operating Margin33.13%46.91%47.81%47.03%46.26%50.32%50.69%47.28%53.11%44.30%24.53%
EBITDA--10.70M10.16M11.05M12.94M13.36M13.63M15.61M-11.76M
EBITDA Margin--52.01%46.54%48.61%50.68%52.97%52.00%57.20%-34.39%
Net Income5.32M6.86M7.55M7.86M7.89M9.52M9.89M9.10M11.01M16.63M5.53M
Net Income Margin31.31%36.39%36.69%35.98%34.73%37.25%39.23%34.74%40.33%34.43%16.16%
Interest Expense000000015.87K9.16K-286.87K
Interest Expense % of Total Revenue0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.06%0.03%-0.84%

Balance Sheet

Currency: MYR2016-06-302017-06-302018-06-302019-06-302020-06-302021-06-302022-06-302023-06-302025-06-302026-06-30
Total Assets36.11M37.19M39.05M41.73M45.13M49.14M49.60M54.85M72.52M66.53M
Total Liabilities3.90M3.18M3.00M4.39M4.43M4.50M4.96M5.26M15.45M13.98M
Total Equity32.22M34.01M36.05M37.35M40.70M44.65M44.64M49.58M57.07M52.55M
Cash26.04M4.25M6.17M2.50M5.17M8.07M4.98M4.02M4.31M6.82M

Cash Flow

Currency: MYR2008-06-302015-06-302016-06-302017-06-302018-06-302019-06-302020-06-302021-06-302022-06-302023-06-302025-06-302026-06-30
Operating Cash Flow-2.87M9.50M7.14M7.85M6.02M8.73M14.73M7.36M12.11M18.98M8.34M
Investing Cash Flow--3.86M10.43M549.96K542.12K-291.12K-17.73M-1.26M7.57M-4.62M-10.17M-
Financing Cash Flow--3.00M-4.35M-5.73M-5.77M-6.74M-6.15M-6.97M-7.49M-6.93M-9.53M-
Capital Expenditure01.32M274.78K201.33K256.60K1.00M326.50K2.06M1.15M494.00K8.15M1.84M
Free Cash Flow---6.92M7.57M4.86M8.40M12.67M6.20M11.72M-6.50M
Dividends Paid-2.72M3.59M5.37M5.36M5.33M5.28M6.97M6.97M6.93M8.66M7.79M
FCF to OCF---96.90%96.44%80.63%96.26%86.02%84.33%96.76%-77.89%
Dividend Paid to FCF---77.55%70.72%109.83%62.84%55.01%112.34%59.11%-119.98%

Earnings

Report DateDec 2, 2009Mar 3, 2010Jun 2, 2010Mar 2, 2011Jun 1, 2011Aug 31, 2011Nov 30, 2011Feb 29, 2012May 30, 2012Aug 29, 2012Nov 28, 2012May 29, 2013Aug 28, 2013Nov 27, 2013Feb 26, 2014May 28, 2014Sep 3, 2014Dec 3, 2014Feb 25, 2015Jun 3, 2015Sep 2, 2015Dec 2, 2015Mar 2, 2016May 20, 2016Aug 24, 2016Nov 18, 2016Feb 20, 2017May 31, 2017Aug 25, 2017Nov 27, 2017Feb 19, 2018May 15, 2018Aug 28, 2018Nov 26, 2018Feb 27, 2019May 17, 2019Aug 28, 2019Dec 2, 2019Feb 19, 2020May 15, 2020Aug 25, 2020Nov 18, 2020Feb 23, 2021May 24, 2021Aug 23, 2021Nov 26, 2021Feb 10, 2022May 25, 2022Aug 25, 2022Nov 28, 2022Feb 17, 2023May 22, 2023Aug 22, 2023Nov 28, 2023Feb 22, 2024May 20, 2024Aug 27, 2024Nov 20, 2024Feb 26, 2025May 28, 2025Aug 21, 2025Nov 27, 2025Feb 27, 2026May 19, 2026Aug 26, 2026
EPS Estimate-----------------------------------------------------------------
EPS Actual0.010.010.010.010.010.010.010.000.000.000.010.010.010.010.010.000.010.000.000.010.010.010.010.010.010.010.010.010.010.010.010.010.010.010.010.010.010.010.010.010.020.010.020.010.010.020.010.010.010.010.020.010.020.020.020.030.020.010.010.010.010.010.000.040.01
Surprise-----------------------------------------------------------------
Timing---------------------------------------------------Pre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-market------

Key Statistics & Ratios

Market Cap84.88M
Enterprise Value49.62M
Trailing P/E9.80
Forward P/E9.32
Price / Sales2.39
Price / Book1.42
EPS0.05
Book Value0.342
Revenue (TTM)35.51M
Gross Profit (TTM)22.79M
EBITDA8.49M
Profit Margin26.15%
Operating Margin13.33%
Return on Equity16.78%
Return on Assets6.22%
Shares Outstanding173.22M
Shares Float36.49M
Beta0.13
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Dividends

20252×
0.02Jun 9, 20250.03Jan 31, 2025
20231×
0.05Dec 12, 2023
20221×
0.04Dec 6, 2022
20211×
0.04Dec 10, 2021
20201×
0.04Dec 3, 2020
20191×
0.03Dec 12, 2019
20181×
0.03Dec 10, 2018
20171×
0.03Dec 11, 2017
20162×
0.03Dec 13, 20160.02Mar 8, 2016
20151×
0.01Mar 3, 2015
20141×
0.02Feb 27, 2014
20132×
0.02Dec 6, 20130.02Feb 22, 2013
20121×
0.02May 24, 2012
20111×
0.02Mar 8, 2011
20102×
0.01May 13, 20100.02Feb 4, 2010
20092×
0.01Jun 3, 20090.02Mar 12, 2009
20081×
0.01Jun 9, 2008
20072×
0.02Dec 10, 20070.03Jun 5, 2007

Stock Splits

  • Jul 3, 20064:3