XOX Malaysia, publicly owned and headquartered in Malaysia, founded in 2005, employs approximately 250 individuals and reported $54.9M in revenue as of 2024. The company operates primarily in telecoms, functioning as Malaysia's first public-listed Mobile Virtual Network Operator (MVNO). It also provides mobile communication services, including prepaid and postpaid options under brands like ONEXOX, alongside e-wallet, e-commerce, and digital advertising solutions.
XOX Bhd reported unaudited consolidated financial results for the third quarter ended June 30, 2026, with revenue increasing 10% year-over-year to RM73.07 million from RM66.44 million. The company achieved a profit before tax of RM7.21 million, a significant turnaround from a loss of RM30.25 million in the same quarter of FY2025, with profit attributable to owners reaching RM7.16 million. Cumulative revenue for the nine months ended June 30, 2026, grew 7% to RM206.15 million, while the cumulative loss before tax improved to RM11.17 million from RM53.67 million in the prior year. Cash and short-term deposits rose to RM83.42 million from RM49.47 million as of September 30, 2025. During the quarter, a subsidiary acquired 1.09 million shares in Cheetah for RM148,037, increasing its total stake to 26.71%. Previously, on August 28, the company also reported total assets of RM315.501 million and total equity attributable to owners of RM125.240 million as of June 30, 2026. It further noted the issuance of 493,000 new ordinary shares during the quarter through the conversion of irredeemable convertible preference shares. Earlier on the same day, XOX Bhd announced the release of its unaudited quarterly report for the financial period.
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XOX Malaysia offers 2 products in the media and telecoms services industry. XOX Malaysia's product portfolio comprises of telecoms.
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XOX Malaysia's revenues were $54.9M in 2024. Caretta Research has split XOX Malaysia's revenue into 2 different product categories, the largest of which is mobile services, which represents 62% of XOX Malaysia's revenue.
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