For its FY2026 ended March, Addvalue reported patmi of US$4.8 million, a surge of 148% y-o-y, led by a 60% jump in revenue to US$24.8 million.
Jarick Seet of Maybank Securities has turned more bullish on Addvalue Technologies after the communications company's full year results that came in above his expectations. From 31 cents, Seet now figures this stock is worth 34 cents, as he expects the strong growth momentum to continue.
"Besides AI, Addvalue is benefiting from two of the most exciting and highest growth themes: drones and space. We expect a rapid growth phase in the next few years after its turnaround in FY25 and it thus ranks as one of our top picks in the small-cap tech space," says Seet in his May 25 note.
