April Trading Update

Kuala Lumpur, May 14th, 2020

Unaudited revenue year to date until April 2020 reached A$4.3m, an increase of 18% YoY despite COVID-19 Net Operating Cash Flow improved substantially in April 2020, with an outflow of only A$0.4m resulting from effective cost control and revenu...

Key Operating Metrics Remain Stable in Q1 as COVID-19 Impacts Cash Performance

Kuala Lumpur, April 21st, 2020

iCar Asia earned cash receipts in Q1 2020 of A$3.9m, down 6% on the prior quarter but up 3% year-on-year, as COVID-related lockdowns in all three of the Company’s markets caused a sharp drop in activities from the middle of March 2020 Q1 2...

iCar Asia’s 2019 revenue up by 28% and EBITDA improved by 45%

Kuala Lumpur, February 21st, 2020

21 February 2020 – iCar Asia Limited (‘iCar Asia’ or the ‘Company’), ASEAN's number 1 network of automotive portals, has released its unaudited Preliminary Financial Report for the year ending 31 December 2019. Final...

iCar Asia again reports record quarterly cash receipts

Kuala Lumpur, January 14th, 2020

Record quarterly cash receipts for Q4 2019 of A$4.2million, up 39% year on year Net operating cash flow improved by 37% for full year 2019 and by 25% year on year for Q4 Malaysia and Thailand EBITDA and cashflow positive for the full year of...

iCar Asia reaches EBITDA breakeven in November 2019

Kuala Lumpur, December 4th, 2019

4 December 2019 – iCar Asia Limited (‘iCar Asia’, the ‘Group’ or the ‘Company’), ASEAN's number 1 network of digital automotive marketplaces, announced today that the Gr...