Foodie Media Bhd has delivered strong earnings growth, improving profitability and a rapidly scaling business since its listing, yet its share price tells a different story. The Edge examines whether the market is viewing Foodie through the wrong lens.
After delivering better-than-expected third-quarter results, Foodie Media (KL:FOODIE) is expected to continue to benefit from the shift from traditional advertising expenditure (adex) to digital adex even amid subdued consumer sentiments. Maybank Investment Bank said Foodie's nine month revenue and core earnings beat its expectations, coming in at 81% and 85% of its estimates respectively.
Foodie Media Bhd plans to continue diversifying into new content verticals, industry segments and client categories while leveraging technology and artificial intelligence (AI) to improve productivity and campaign performance. The digital-marketing-driven media company said it is well positioned to sustain its growth trajectory, supported by favourable long-term trends in digital advertising, creator-led marketing and performance-driven brand engagement.
Foodie Media Bhd is poised for stronger earnings growth, driven by new client wins and expansion into non-food segments and new content verticals, according to Rakuten Trade.
KUALA LUMPUR, 22 APRIL 2026 – Foodie Media Berhad reported a record first half performance for FY2026, with revenue of RM25.8 million and adjusted PATAMI of RM7.7 million. The Group has already achieved approximately 70% of its FY2025 full-year revenue within the first six months of FY2026, reflecting strong momentum across its core Content and Creator pillars. The Board also declared maiden dividends of 0.53 sen per share.
Foodie Media Bhd (KL:FOODIE) is collaborating with WTM Media Sdn Bhd to co-develop and commercialise next-generation digital and e-sports media content. Effective from Feb 9, 2026, the partnership runs for an initial one-year term, with an option to extend, according to Foodie Media's bourse filing.
Recently listed digital-marketing driven media company Foodie Media Bhd oversaw a strong first quarter ended Nov 30, supported by its diversified portfolio of digital assets and marketing capabilities. The company delivered a gross profit of RM7.1mil on the back of revenue at RM12.6mil, with net profit amounting to RM3.8mil.
Foodie Media Bhd posted a net profit of RM3.78 million in the first quarter ended Nov 30, 2025, supported by stable operating conditions and disciplined cost management. Its revenue stood at RM12.6 million driven by the growth in the digital media publishing segment arising from higher sponsored content engagements.
Digital media group Foodie Media Bhd reported record revenue and profit in its first quarterly results announcement following the group's ACE Market debut in November 2025. For its first quarter ended Nov 30, 2025, the group made a net profit of RM3.78 million on a revenue of RM12.6 million.
For the financial year ended 31 August 2025 (FY2025), the group achieved revenue of RM37.1 million. Digital media publishing contributed RM22.8 million, representing 61.5% of total revenue. Excluding a one-off listing expense of RM2.5 million, the Group's core profit after tax was RM11.9 million, marking a 25% increase from RM7.4 million.
Foodie Media Bhd's net profit for the financial year ended Aug 31, 2025, rose 25.4 per cent to RM9.34 million from RM7.45 million a year earlier. Revenue increased 54.8 per cent to RM37.09 million from RM23.95 million, supported by higher contributions from its digital media publishing segment.
The retail tranche of Foodie Media Bhd's initial public offering (IPO) has been oversubscribed by 24.63 times. A total of 10,470 applications for 1.14 billion shares were submitted for the 44.4 million shares offered to the Malaysian public. The Bumiputera portion was oversubscribed by 13.09 times, while the remaining public portion saw 36.18 times demand.
Foodie Media Bhd's innovative approach to digital content creation has positioned the company as a leading lifestyle media group in Malaysia, with a strong following across multiple social media platforms.
Foodie Media Bhd, the company behind popular social media brands such as KL Foodie and Penang Foodie, has launched its initial public offering (IPO) on Bursa Malaysia's ACE Market, with listing scheduled for Nov 28.
Foodie Media Bhd, kumpulan media digital gaya hidup terkemuka di Malaysia melancarkan prospektus bagi tawaran awam permulaan (IPO) sebagai langkah untuk disenaraikan di Pasaran ACE Bursa Malaysia dengan harga IPO 30 sen sesaham menyasarkan hasil sebanyak RM41.4 juta.
'Creator-driven' Foodie Media plans to raise $18m and expand AI use, says CEO. When Penang native Lim Pinn Yang started a food blog in 2016, it was not to chase clicks or viral fame.
Foodie Media Bhd's wholly-owned digital media agency Good Foodie Media Sdn Bhd has entered into a partnership with Alibaba Group's Taobao, and influencer and livestream agency W Talent Academy Sdn Bhd to support Malaysian creators under the Taobao Affiliate Programme.
Taobao, an international e-commerce platform belonging to Alibaba Group, today signed a Memorandum of Understanding (MoU) with GOOD FOODIE MEDIA SDN BHD, a subsidiary of FOODIE MEDIA BERHAD, and W Talent Academy Sdn. Bhd. This strategic partnership aims to support more Malaysian creators through the Taobao Affiliate Programme.
Foodie Media Bhd, which operates the KL Foodie social media brands, has signed an underwriting agreement with Maybank Investment Bank Bhd for its ACE Market listing.
Foodie Media Bhd has entered into an underwriting agreement with Malayan Banking Bhd's investment banking arm ahead of its initial public offering on Bursa Malaysia's ACE Market.
Digital media publishing company Foodie Media Bhd, which operates the KL Foodie social media brands, is planning to raise funds through an IPO on the ACE Market of Bursa Malaysia.
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