Stock Fundamentals

Company Information

Company Name
Rexit Bhd
Sector
Technology
Industry
Information Technology Services
Exchange
KLSE
ISIN: MYQ0106OO003
Currency: MYR
Full Time Employees: 0
Phone: 60 3 7495 0000
Fiscal Year End: June
Description:

OpenMove AI Berhad, an investment holding company, provides software solutions and related services for the general insurance, Takaful, unit trust, and financial services industries in Malaysia, Hong Kong, China, and internationally. The company offers e-Cover, an online transaction portal; Agency Portal, a web based mobile responsive portal which provides comprehensive digital solution; and Integrated Insurance Management System, a customer-centric solution that covers various key operational functions, such as product development, marketing, intermediary management, underwriting, policy management, reinsurance, claims, and payments and accounts. It also provides Electronic Pilihan Pelaburan Ahli system, an online system for the submission of investment and redemption applications, which are settled electronically using the Employees Provident Fund member's contributions. In addition, the company offers takaful solutions, a customer-centric e-cover online transaction portal that offered as a software as a service solution; InfoGuardian, an integrated workflow, case management, and document management system for financial institutions, legal firms, and property valuer firms; and national health services solutions. Further, the company engages in the research, design, development, and sale of application software solutions, as well as related products and services; offers software technical and consultancy services. Additionally, it provides shared and outsourcing services to insurance companies outside Malaysia, as well as eINSURANS gateway between the insurance companies in Malaysia and the JPJ. The company was formerly known as Rexit Berhad and changed its name to OpenMove AI Berhad in January 2026. The company was founded in 1998 and is based in Petaling Jaya, Malaysia.

Address:

Unit 3-01 to 3-07, Level 3, Petaling Jaya, Malaysia, 47800

Directors & Officers

Name Title Year Born
Mr. Tack Heng Wong Executive Director 1973
Mr. Choon Teng Lee Chief Executive Officer 1982
Mr. Yong Qun Yong Chief Financial Officer 1983
Mr. Chin Yau Tan Chief Operating Officer 1976
Mr. Tin Heng Tong Chief Application Officer 1970
Ms. Mee Kiat Wong Company Secretary NA
Ms. Li Heong Lim Company Secretary NA
Ms. Yen Teng Lim Joint Secretary NA

Shares Statistics

Shares Outstanding: 173.22M
Shares Float: 38.44M
% Insiders: 7,246.00%
% Institutions: 0.00%

Valuation Metrics

Enterprise Value: $89.56M
Trailing P/E: 6.44
Forward P/E: 11.57

Financial Highlights

Market Cap: $106.03M
EBITDA: $11.02M
P/E Ratio: $14.84
Book Value: $0.30
Dividend/Share: $0.07
Dividend Yield: 13.21%
Earnings/Share: $0.04
Profit Margin: 23.56%
Operating Margin: 24.15%
ROA (TTM): 26.01%
ROE (TTM): 1,225.36%
Revenue (TTM): $33.21M
Revenue/Share (TTM): $0.19
Earnings Growth (YOY): -17.70%
Revenue Growth (YOY): 13.70%

Stock Price History

1 Year Price History

2 Years Price History

5 Years Price History

10 Years Price History

Download Financials (Excel)

Financial Charts

Revenue & Net Income (Yearly)

Revenue & Net Income (Quarterly)

Operating Expenses (Yearly)

Operating Expenses (Quarterly)

Balance Sheet (Yearly)

Balance Sheet (Quarterly)

Assets Breakdown (Yearly)

Assets Breakdown (Quarterly)

Liabilities Breakdown (Yearly)

Liabilities Breakdown (Quarterly)

Earnings Per Share (EPS) History

Financial Ratios (Yearly)

Financial Ratios (Quarterly)

Earnings History

Balance Sheet (Yearly)

Financial Ratios

Date Current Ratio Debt/Equity Debt/Assets Interest Coverage Debt/EBITDA
2025-06-30 4.75x 0.00x 0.21x N/A 0.00x
2023-06-30 6.24x 0.00x 0.10x 1,582.44x 0.00x
2022-06-30 6.89x 0.00x 0.10x 780.81x 0.00x
2021-06-30 6.48x 0.00x 0.09x N/A 0.00x
2020-06-30 4.99x 0.00x 0.10x N/A 0.00x
2019-06-30 8.31x 0.00x 0.11x N/A 0.00x
2018-06-30 11.56x 0.00x 0.08x N/A 0.00x
2017-06-30 10.20x 0.00x 0.09x N/A 0.00x
2016-06-30 7.84x 0.00x 0.11x N/A 0.00x

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