KUALA LUMPUR: RedPlanet Bhd has posted a 21.3% increase in net profit to RM6.33mil for the financial year ended June 30, 2026 (FY26), from RM5.22mil a year earlier, ahead of its transfer to Bursa Malaysia’s ACE Market on Oct 22.

Revenue rose 22.3% to RM40.72mil from RM33.3mil previously.

Excluding RM980,000 in non-recurring listing expenses, adjusted net profit increased 35.1% to RM7.31mil from RM5.41mil.

In a statement, the enterprise ICT solutions provider said its geospatial solutions segment contributed RM18.4mil, or 45.1% of total revenue, followed by intelligent rail solutions at RM11.6mil and ICT solutions and ancillary hardware trading at RM10.8mil.

For the fourth quarter ended June 30, 2026, RedPlanet recorded a net profit of RM1.36mil on revenue of RM7.55mil.

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