DailySpaceBursa Malaysia companies, read from their annual reports从年报读懂大马上市公司

LGMS Berhad

0249 · Main Market主板(Main Market) · annual reports 2023 to 2025, 1115 entries read2023 至 2025 年报,共读出 1115 条

Revenue, 20252025 年营业额RM43.9m4.39千万令吉up 0.6% from比 2024 年增加 0.6%,当年为 RM43.6m4.36千万令吉 in 2024
Profit after taxation, 20252025 年税后盈利RM10.2m1.02千万令吉down 17.2% from比 2024 年减少 17.2%,当年为 RM12.3m1.23千万令吉 in 2024
Net cash from operating activities, 20252025 年营运活动所得现金净额RM11.9m1.19千万令吉down 6.6% from比 2024 年减少 6.6%,当年为 RM12.8m1.28千万令吉 in 2024
Cash and cash equivalents, 20252025 年现金与现金等价物RM74.1m7.41千万令吉up 8.9% from比 2024 年增加 8.9%,当年为 RM68.1m6.81千万令吉 in 2024

The company这家公司

LGMS provides independent cybersecurity services. Its work includes cybersecurity assessment and penetration testing, cyber risk management and compliance, and cyber threat and incident response. Its listing transferred from the ACE Market to the Main Market on 22 January 2026.LGMS 提供独立网络安全服务,业务包括网络安全评估与渗透测试、网络风险管理与合规,以及网络威胁与事件响应。其上市地位于 2026 年 1 月 22 日由创业板转至主板。

Source: annual report 2023, page 19; annual report 2025, page 2.出处:2023 年年报第 19 页;2025 年年报第 2 页。

In 2025, Cyber Risk Prevention contributed 59.52% of revenue, Cyber Risk Management and Compliance 30.35%, and Cyber Threat and Incident Response 10.13%. Prevention revenue fell to RM26.1 million from RM29.1 million. The other two segments rose to RM13.3 million and RM4.4 million respectively.2025 年,网络风险预防占营业额 59.52%,网络风险管理与合规占 30.35%,网络威胁与事件响应占 10.13%。预防业务营业额由 RM29.1 million 降至 RM26.1 million,另外两个部门分别升至 RM13.3 million 与 RM4.4 million。

Source: annual report 2025, pages 20, 21.出处:2025 年年报第 20、21 页。

Malaysia contributed RM36.9 million, or 84% of revenue, in 2025. Overseas markets contributed RM7.0 million, or 16%, with major contributions from Singapore, Japan, Taiwan, Australia and Hong Kong. In 2024, no single customer contributed 10% or more of group revenue.2025 年,马来西亚贡献营业额 RM36.9 million,占 84%;海外市场贡献 RM7.0 million,占 16%,主要来自新加坡、日本、台湾、澳大利亚与香港。2024 年,没有单一客户贡献集团营业额的 10% 或以上。

Source: annual report 2024, page 89; annual report 2025, page 22.出处:2024 年年报第 89 页;2025 年年报第 22 页。

The 2025 report's shareholding analysis lists FONG CHOONG FOOK with 167,014,740 shares, or 36.63%. The largest holders list includes GOH SOON SEI with 49,268,960 shares, or 10.80%, and HSBC NOMINEES (ASING) SDN BHD EXEMPT AN FOR SUMITOMO MITSUI TRUST BANK (U.S.A) LIMITED (MITSUI CO) with 114,000,000 shares, or 25.00%. Fong Choong Fook is Executive Chairman and the spouse of Executive Director Goh Soon Sei.2025 年报的股权分析列出 FONG CHOONG FOOK 持有 167,014,740 股,占 36.63%。大股东名单包括 GOH SOON SEI,持有 49,268,960 股,占 10.80%,以及 HSBC NOMINEES (ASING) SDN BHD EXEMPT AN FOR SUMITOMO MITSUI TRUST BANK (U.S.A) LIMITED (MITSUI CO),持有 114,000,000 股,占 25.00%。Fong Choong Fook 是执行主席,也是执行董事 Goh Soon Sei 的配偶。

Source: annual report 2025, pages 9, 10, 108, 109.出处:2025 年年报第 9、10、108、109 页。

The 2025 largest holders list also includes pledged securities accounts: ALLIANCEGROUP NOMINEES (TEMPATAN) SDN BHD PLEDGED SECURITIES ACCOUNT FOR LIM PANG KIAM (8085241), with 4,034,800 shares (0.88%); PHILLIP NOMINEES (TEMPATAN) SDN BHD PLEDGED SECURITIES ACCOUNT FOR YONG SAI YEEN, with 1,234,300 (0.27%); PUBLIC NOMINEES (TEMPATAN) SDN BHD PLEDGED SECURITIES ACCOUNT FOR WONG TAI YEN (E-BPJ/BKR), with 1,100,000 (0.24%); HLIB NOMINEES (TEMPATAN) SDN BHD PLEDGED SECURITIES ACCOUNT FOR YAP QWEE BENG, with 699,900 (0.15%); and MAYBANK NOMINEES (TEMPATAN) SDN BHD PLEDGED SECURITIES ACCOUNT FOR WONG SIEW TOH, with 620,000 (0.14%).2025 年大股东名单也列有抵押证券账户:ALLIANCEGROUP NOMINEES (TEMPATAN) SDN BHD PLEDGED SECURITIES ACCOUNT FOR LIM PANG KIAM (8085241),持有 4,034,800 股(0.88%);PHILLIP NOMINEES (TEMPATAN) SDN BHD PLEDGED SECURITIES ACCOUNT FOR YONG SAI YEEN,持有 1,234,300 股(0.27%);PUBLIC NOMINEES (TEMPATAN) SDN BHD PLEDGED SECURITIES ACCOUNT FOR WONG TAI YEN (E-BPJ/BKR),持有 1,100,000 股(0.24%);HLIB NOMINEES (TEMPATAN) SDN BHD PLEDGED SECURITIES ACCOUNT FOR YAP QWEE BENG,持有 699,900 股(0.15%);以及 MAYBANK NOMINEES (TEMPATAN) SDN BHD PLEDGED SECURITIES ACCOUNT FOR WONG SIEW TOH,持有 620,000 股(0.14%)。

Source: annual report 2025, pages 109, 110.出处:2025 年年报第 109、110 页。

Antonius Sommer resigned on 26 June 2023, and Kenichi Kogiku was appointed on 5 July 2023. On 17 February 2025, Toshio Kanki replaced Kenichi Kogiku as Mitsui's representative on the Board and was appointed Non-Independent Non-Executive Director.Antonius Sommer 于 2023 年 6 月 26 日辞任,Kenichi Kogiku 于 2023 年 7 月 5 日获委任。2025 年 2 月 17 日,Toshio Kanki 接替 Kenichi Kogiku,出任 Mitsui 的董事会代表,并获委任为非独立非执行董事。

Source: annual report 2023, page 56; annual report 2025, page 46.出处:2023 年年报第 56 页;2025 年年报第 46 页。

Revenue by segment, 20252025 年各部门营业额

Cyber Risk Prevention: 59.5%Cyber Risk Management and Compliance: 30.4%Cyber Threat and Incident Response: 10.1%
Cyber Risk Prevention 59.5%网络风险预防 59.5%Cyber Risk Management and Compliance 30.4%网络风险管理与合规 30.4%Cyber Threat and Incident Response 10.1%网络威胁与事件响应 10.1%

Source: annual report 2025, pages 21, 94.出处:2025 年年报第 21、94 页。

Revenue by geography, 20252025 年按地区划分的营业额

Malaysia: 84.0%Overseas: 16.0%
Malaysia 84.0%马来西亚 84.0%Overseas 16.0%海外 16.0%

Source: annual report 2025, page 22.出处:2025 年年报第 22 页。

Major events大事记

2022Listed on the ACE Market on 8 June; the IPO raised approximately RM45.7 million through 91,395,000 new shares at RM0.50 each.6 月 8 日在创业板上市;首次公开募股以每股 RM0.50 发行 91,395,000 股新股,筹得约 RM45.7 million。

Source: annual report 2023, pages 19, 53.出处:2023 年年报第 19、53 页。

2023Formed a strategic partnership with Mitsui in April; Mitsui became a substantial shareholder with a 25% equity interest.4 月与 Mitsui 建立策略合作关系;Mitsui 成为持有 25% 股权的大股东。

Source: annual report 2023, page 27.出处:2023 年年报第 27 页。

2023Entered into a partnership agreement with WithSecure in November to develop cybersecurity solutions for local SMEs.11 月与 WithSecure 签订合作协议,为本地中小企业开发网络安全方案。

Source: annual report 2023, page 27.出处:2023 年年报第 27 页。

2024Launched StarSentry, a plug-and-play vulnerability assessment device, after two years of research and development.经过两年研发,推出即插即用漏洞评估设备 StarSentry。

Source: annual report 2024, page 24.出处:2024 年年报第 24 页。

2024On 30 May, the Board extended the timeframe for use of IPO proceeds to 36 months from the listing date.5 月 30 日,董事会将首次公开募股所得款项的使用期限延长至上市日起 36 个月。

Source: annual report 2024, page 51.出处:2024 年年报第 51 页。

2025Toshio Kanki replaced Kenichi Kogiku as Mitsui's Board representative on 17 February.2 月 17 日,Toshio Kanki 接替 Kenichi Kogiku,出任 Mitsui 的董事会代表。

Source: annual report 2025, page 46.出处:2025 年年报第 46 页。

2025On 9 July, signed a conditional agreement with Antarex Holdings Sdn. Bhd. and its major shareholders for the proposed acquisition of 3,089,135 Antarex shares.7 月 9 日,与 Antarex Holdings Sdn. Bhd. 及其主要股东签订附条件协议,拟收购 Antarex 的 3,089,135 股股份。

Source: annual report 2025, page 105.出处:2025 年年报第 105 页。

2026Acquired a 27% interest in Antarex Holdings Sdn Bhd on 22 January.1 月 22 日收购 Antarex Holdings Sdn Bhd 的 27% 股权。

Source: annual report 2025, page 6.出处:2025 年年报第 6 页。

2026Transferred the listing from the ACE Market to the Main Market on 22 January.1 月 22 日将上市地位由创业板转至主板。

Source: annual report 2025, page 2.出处:2025 年年报第 2 页。

2026Paid a final dividend of 1.20 sen per share, amounting to RM5.5 million, on 24 March.3 月 24 日支付每股 1.20 仙的终期股息,合计 RM5.5 million。

Source: annual report 2025, page 92.出处:2025 年年报第 92 页。

Revenue, profit and operating cash营业额、盈利与营运现金

Revenue营业额
2022
RM32.8m3.28千万令吉
2023
RM34.2m3.42千万令吉
2024
RM43.6m4.36千万令吉
2025
RM43.9m4.39千万令吉
Profit after taxation税后盈利
2022
RM11.5m1.15千万令吉
2023
RM11.2m1.12千万令吉
2024
RM12.3m1.23千万令吉
2025
RM10.2m1.02千万令吉
Net cash from operating activities营运活动所得现金净额
2022
RM12.8m1.28千万令吉
2023
RM10.9m1.09千万令吉
2024
RM12.8m1.28千万令吉
2025
RM11.9m1.19千万令吉

Assets, cash and equity资产、现金与权益

Total assets总资产
2022
RM91.3m9.13千万令吉
2023
RM95.7m9.57千万令吉
2024
RM106.4m1.06亿令吉
2025
RM114.8m1.15亿令吉
Cash and cash equivalents现金与现金等价物
2022
RM69.1m6.91千万令吉
2023
RM73.6m7.36千万令吉
2024
RM68.1m6.81千万令吉
2025
RM74.1m7.41千万令吉
Total equity总权益
2022
RM83.6m8.36千万令吉
2023
RM86.6m8.66千万令吉
2024
RM94.4m9.44千万令吉
2025
RM102.3m1.02亿令吉

20232023 年

Operations generated RM10.9 million. Cash spending on property and equipment was RM740,000, and an additional investment in an existing associate cost RM72,000. Disposal of other investments brought in RM3.3 million, and disposal of property and equipment brought in RM779,000. The group paid RM8.2 million in dividends, repaid RM755,000 of hire purchase payables and RM669,000 of lease liabilities, and paid RM62,000 in interest. There were no proceeds from issuing ordinary shares during the year.营运产生现金 RM10.9 million。购置产业与设备的现金支出为 RM740,000,另向现有联营公司增资 RM72,000。出售其他投资收回 RM3.3 million,出售产业与设备收回 RM779,000。集团支付股息 RM8.2 million,偿还租购应付款 RM755,000、租赁负债 RM669,000,并支付利息 RM62,000。年内没有发行普通股所得款项。

Source: annual report 2023, page 67.出处:2023 年年报第 67 页。

20242024 年

Operations generated RM12.8 million. Cash spending on property and equipment was RM15.3 million; the later report describes this as purchases of two office units and related renovation costs. Disposal proceeds were RM686,000 for property and equipment, RM465,000 for right-of-use assets and RM1.1 million for other investments. The group paid RM4.6 million in dividends, repaid RM272,000 of hire purchase payables and RM664,000 of lease liabilities, and paid RM35,000 in interest.营运产生现金 RM12.8 million。购置产业与设备的现金支出为 RM15.3 million;后续年报说明,这是购买两个办公室单位及相关装修的费用。出售产业与设备收回 RM686,000,出售使用权资产收回 RM465,000,出售其他投资收回 RM1.1 million。集团支付股息 RM4.6 million,偿还租购应付款 RM272,000、租赁负债 RM664,000,并支付利息 RM35,000。

Source: annual report 2024, pages 64, 65; annual report 2025, page 20.出处:2024 年年报第 64、65 页;2025 年年报第 20 页。

20252025 年

Operations generated RM11.9 million. Cash spending on property and equipment was RM3.1 million, primarily for office renovation according to the review. The group paid RM2.3 million in dividends, repaid RM198,000 of hire purchase payables and RM174,000 of lease liabilities, and paid RM56,000 in interest. Management attributed the fall in net profit mainly to higher employee benefit expenses, which rose to RM22.0 million from RM18.4 million.营运产生现金 RM11.9 million。购置产业与设备的现金支出为 RM3.1 million,业务回顾说明主要用于办公室装修。集团支付股息 RM2.3 million,偿还租购应付款 RM198,000、租赁负债 RM174,000,并支付利息 RM56,000。管理层将净利下降主要归因于雇员福利开支增加,该项开支由 RM18.4 million 升至 RM22.0 million。

Source: annual report 2025, pages 20, 70, 71.出处:2025 年年报第 20、70、71 页。

Across the years跨年合看

Operations generated cash in each of the three report years. Cash and cash equivalents in the statements of financial position were RM73.6 million in 2023, RM68.1 million in 2024 and RM74.1 million in 2025. The latest report says the group has no formal dividend policy. Management has sought a payout of approximately 50% of profit after tax, subject to the Board's assessment of performance, funding requirements and market conditions.三个报告年度的营运均产生现金。财务状况表中的现金与现金等价物在 2023 年为 RM73.6 million,2024 年为 RM68.1 million,2025 年为 RM74.1 million。最新年报表示,集团没有正式股息政策。管理层一直争取将约 50% 的税后盈利用于派息,但须视董事会对业绩、资金需求及市场状况的评估而定。

Source: annual report 2025, page 21.出处:2025 年年报第 21 页。

Still to be spent尚待支出

The 2025 commitments table lists RM17,000 for renovation and RM22.7 million for acquisition of an associate. The report records the acquisition of a 27% interest in Antarex Holdings Sdn Bhd on 22 January 2026. The IPO proceeds table shows the RM45.7 million raised had been fully used, with no unused balance.2025 年承诺表列有装修支出 RM17,000,以及收购联营公司的支出 RM22.7 million。年报记录,集团于 2026 年 1 月 22 日收购 Antarex Holdings Sdn Bhd 的 27% 股权。首次公开募股所得款项表显示,筹得的 RM45.7 million 已全数使用,没有未使用余额。

Source: annual report 2025, pages 6, 57, 94.出处:2025 年年报第 6、57、94 页。

Four years of figures四年数字

Group figures, in RM thousand (×1,000), as printed in the statements.集团数字,单位千令吉(×1,000),照财务报表所印。

Group集团2022202320242025
RM'000千令吉RM'000千令吉RM'000千令吉RM'000千令吉
Revenue营业额32,79234,24243,63043,909
Profit before taxation税前盈利15,59715,23016,53013,407
Profit after taxation税后盈利11,54711,22212,34010,218
Net cash from operating activities营运活动所得现金净额12,82310,85512,75611,916
Purchase of property and equipment购置产业与设备(819)(740)(15,296)(3,107)
Dividends paid已付股息0(8,208)(4,560)(2,280)
Total assets总资产91,28095,674106,373114,807
Hire purchase payables租购应付款1,194439659461
Lease liabilities租赁负债605305143360
Cash and cash equivalents现金与现金等价物69,08773,61468,06474,149
Total equity总权益83,57086,58494,364102,302

On a computer, hover over a figure for the report and page it is printed on.在电脑上把鼠标移到数字上,可看到它印在哪份年报的哪一页。

Said and done说过的与做到的

What the reports said年报说要做的What later reports show之后年报显示的Status状态
The 2023 report said StarSentry was set to launch in 2024.2023 年报表示,StarSentry 定于 2024 年推出。The 2024 report records the launch of StarSentry, a plug-and-play vulnerability assessment device.2024 年报记录已推出即插即用漏洞评估设备 StarSentry。

Source: annual report 2023, page 30; annual report 2024, page 24.出处:2023 年年报第 30 页;2024 年年报第 24 页。

Launched in the stated year已在所述年份推出
The 2023 report said the group was moving towards subscription-based solutions to develop recurring revenue.2023 年报表示,集团正转向订阅式方案,以发展经常性收入。The 2025 report says the managed service model for its automated cybersecurity preventive tool is commercially active. It still describes the revenue contribution as expected to develop progressively.2025 年报表示,其自动化网络安全预防工具的托管服务模式已投入商业运营,但仍将营业额贡献描述为预期逐步增加。

Source: annual report 2023, page 30; annual report 2025, page 25.出处:2023 年年报第 30 页;2025 年年报第 25 页。

Commercially active; contribution still developing已商业运营;收入贡献仍在发展
The 2023 report made workforce expansion a core focus for 2024.2023 年报将扩充员工队伍列为 2024 年的核心重点。The 2024 report says the workforce grew by 26% to 149 professionals. The 2025 report records a further increase to 158.2024 年报表示,员工人数增加 26%,达到 149 人。2025 年报记录人数进一步增至 158 人。

Source: annual report 2023, page 31; annual report 2024, page 25; annual report 2025, page 19.出处:2023 年年报第 31 页;2024 年年报第 25 页;2025 年年报第 19 页。

Workforce expanded员工队伍已扩大
The 2023 report envisaged formalising a structured ESG reporting framework by mid-2025. The 2024 report repeated that deadline.2023 年报预期在 2025 年中前正式建立有组织的 ESG 报告框架。2024 年报重申该期限。The 2025 report records the group's first formal materiality assessment. It does not confirm that the reporting framework was formalised by mid-2025.2025 年报记录集团进行了首次正式重要性评估,但没有确认报告框架已在 2025 年中前正式建立。

Source: annual report 2023, page 32; annual report 2024, page 28; annual report 2025, page 29.出处:2023 年年报第 32 页;2024 年年报第 28 页;2025 年年报第 29 页。

Assessment reported; deadline not confirmed已报告评估;未确认是否达到期限
The 2024 report said the group was developing waste management plans and exploring partnerships with recycling companies.2024 年报表示,集团正制定废物管理计划,并探索与回收公司的合作。The 2025 report records basic office waste segregation and engagement of licensed e-waste service providers to dispose of obsolete electronic equipment.2025 年报记录已在办公室实行基本垃圾分类,并聘用持牌电子废物服务商处理淘汰的电子设备。

Source: annual report 2024, page 31; annual report 2025, page 33.出处:2024 年年报第 31 页;2025 年年报第 33 页。

Waste segregation and disposal arrangements introduced已落实垃圾分类与处理安排
The 2024 report said a final dividend of 0.5 sen per share, amounting to RM2.3 million, would be payable on 28 April 2025.2024 年报表示,每股 0.5 仙、合计 RM2.3 million 的终期股息将于 2025 年 4 月 28 日支付。The 2025 report records payment of that final dividend on 28 April 2025.2025 年报记录,该终期股息已于 2025 年 4 月 28 日支付。

Source: annual report 2024, page 53; annual report 2025, page 59.出处:2024 年年报第 53 页;2025 年年报第 59 页。

Paid on the stated date已于所述日期支付

What the reports leave open年报留下待看的事

  • The Utility Innovation Patent application for the technology underlying StarSentry remained in progress in the latest report.最新年报表示,StarSentry 底层技术的实用创新专利申请仍在办理中。

    Source: annual report 2025, page 23.出处:2025 年年报第 23 页。

  • The subscription-based managed service model still required refinement of service delivery, pricing and client engagement. The report expects its revenue contribution to build up progressively.订阅式托管服务模式仍需在服务交付、定价与客户互动方面继续调整。年报预期其营业额贡献将逐步增加。

    Source: annual report 2025, pages 20, 25.出处:2025 年年报第 20、25 页。

  • The report says the expanded technical workforce of 111 professionals was not yet fully utilised at the 2025 revenue level.年报表示,扩充至 111 人的技术团队,在 2025 年的营业额水平下尚未得到充分运用。

    Source: annual report 2025, page 25.出处:2025 年年报第 25 页。

  • Dr. Teh Chee Ghee had decided not to seek re-election at the forthcoming AGM. Crowe Malaysia PLT was not seeking reappointment, and the proposed appointment of KPMG PLT remained subject to shareholder approval.Dr. Teh Chee Ghee 已决定不在即将举行的股东周年大会寻求连任。Crowe Malaysia PLT 不再寻求续聘,拟委任 KPMG PLT 的议案仍须股东批准。

    Source: annual report 2025, pages 113, 114.出处:2025 年年报第 113、114 页。

Facts as printed in the company's annual reports, with the page of each; no rating and no advice. Built 2026-10-28.内容为公司年报所印的事实,并注明页码;不评级,不构成投资建议。生成日期 2026-10-28。