KUALA LUMPUR: Sedania Innovator Berhad (“Sedania” or the “Company”), has recently announced their financial year performance for Q1, 2021, which recorded as their highest performance since they were listed.
Based on the report provided, the Company recorded Group revenue of RM17.07 million, more than six-fold increase from RM2.78 million in the same period last year.
Group profit after tax is recorded at RM4.89 million compared to a loss after tax of RM1.82 million in Q1 2020.
SEDANIA CEO Daniel Ruppert said, “The pandemic has reshaped consumer behaviour worldwide. Based on the reports published recently, there are a total of 40 million new users in 2020, making it to a total of 400 million new internet users in Southeast Asia."
Ruppert added, “Our HealthTech segment under Offspring Inc is recording a sharp rise in online sales compared to pre-pandemic period. Our June online sales recorded an increase of almost 65 per cent to average online sales recorded in the same period last year”.
E-commerce was growing fast before the pandemic, however, the global health crisis has pushed more consumers online. This has led to an acceleration to digital consumption.
According to SEDANIA, their HealthTech segment has contributed approximately 32 per cent of the Group’s total revenue.
“We are at a strategic intersection, as we remain cautiously optimistic behind the background of an unprecedented pandemic,
"SEDANIA has been given a golden opportunity to capitalise our technological expertise, capabilities and core offerings.
"Our FinTech segment has been receiving many requests from prospect clients to relook into their end-to-end operation in their journey towards digital transformation.”
We are proud to be the technology enabler for the said exercise, said Ruppert again.
According to SEDANIA, one of their key focuses in 2021 is to continue to build their Esports segment to become the first ever Unicorn company in Malaysia.
In a previous statement, it was reported that their pre-Series A funding round has over RM32 million post-money valuation, 900 per cent capital growth in just 18 months.
The audience of Esports has grown exponentially in recent years, and industry experts estimate that by 2023, nearly 656 million people will participate or watch Esports online.
Ruppert concluded in the interview, “The staggering numbers simply show that Esports has become the revolution in the sports and entertainment industry amid the pandemic. As cliche as it may sound, the pandemic has given us the opportunity to shine.”
Media Statement
Tue Jun 29 2021
According to SEDANIA, one of their key focuses in 2021 is to continue to build their Esports segment to become the first-ever Unicorn company in Malaysia. - Filepic
Restoran nasi kandar dibaling cat, polis kesan tiga lelaki
Cat merah tersebut terkena papan tanda dan pintu hadapan restoran yang mula beroperasi pada Sabtu.
Ringgit dijangka diniaga dalam jajaran kecil
Ringgit Malaysia dijangka berada di sekitar 4.77 berbanding Dolar AS minggu depan, bergantung kepada keputusan FOMC dan data ekonomi AS
Bursa Malaysia dijangka diniagakan dalam jajaran kecil
Analisis terkini menunjukkan Bursa Malaysia berpotensi naik dalam jajaran kecil minggu depan, dengan pandangan positif terhadap kembalinya dana asing. Paras sokongan dan konsolidasi disebutkan.
PM TIBA di Riyadh untuk hadiri mesyuarat WEF
Datuk Seri Anwar Ibrahim tiba di Riyadh bagi menghadiri Mesyuarat Khas Forum Ekonomi Sedunia. Beliau dijadual terlibat dalam dialog strategik, panel, dan pertemuan bersama pemimpin serantau
Battle Of The Reds: Legenda Liverpool masih bertenaga
Legenda Manchester United terpaksa akur dengan kekalahan kepada legenda Liverpool dengan jaringan 4-2.
Boling Padang: Farah Ain muncul juara dunia!
Farah pamer aksi luar biasa dalam penampilan sulungnya di pentas bertaraf dunia dengan kemenangan straight sets 6-2 dan 6-3.
Sultan Nazrin, Tuanku Zara hadiri majlis Aidilfitri PDRM Perak
Sultan dan Raja Permaisuri Perak berkenan berangkat menghadiri Majlis Sambutan Aidilfitri PDRM Kontinjen Perak 2024.
Nahas helikopter Lumut: Kebajikan, pendidikan anak-anak wira dipastikan tidak terabai - Menteri
Kementerian Pendidikan lakukan susur tindak bagi memastikan kebajikan 10 orang anak mangsa nahas helikopter dijaga sehingga tamat persekolahan kelak.
Bintang TikTok Iraq, Umm Fahad ditembak mati di luar rumah
Pihak berkuasa Iraq umum penubuhan "jawatankuasa siasatan khas- untuk menjejaki pembunuh yang tidak dikenali itu.
PM Anwar tiba di Riyadh untuk hadiri Mesyuarat Khas Forum Ekonomi Sedunia
Perdana Menteri Anwar tiba di Riyadh dalam rangka lawatan tiga hari bagi menghadiri Mesyuarat Khas Forum Ekonomi Sedunia (WEF).