MACROKIOSK foreign sales to double

PETALING JAYA: Mobile messaging services provider Macro Kiosk Bhd expects revenue contribution from its overseas operations to double for the financial year (FY) ending Jan 31, 2007. The overseas operations currently contributed 20% to 30% of revenue, said chief operating officer and company co-founder Henry Goh.

“We expect that to double for FY2007,” he said at a media briefing yesterday. The company expanded to new markets in the Philippines, Taiwan and Vietnam in its third quarter ended Oct 31. However, with a turnaround time of three to six months, these markets would not contribute to FY2007 revenue, chief executive officer and co-founder Kenny Goh said. Start-up cost for these three countries has been RM200,000 so far. Macro Kiosk, which made its first acquisition of 60%-owned subsidiary Eluxion Media (M) Sdn Bhd in January, is planning a second purchase in the first quarter of next year. Eluxion Media, a production house making interactive TV gameshows, had begun contributing to revenue, Kenny said. Macro Kiosk currently has a physical presence in Thailand, China, Brunei, Hong Kong, Indonesia and Singapore For the financial year ended Jan 31, 2006, Macro Kiosk made RM2mil in net profit on revenue of RM38mil, said Henry. Macro Kiosk is a 70%-owned subsidiary of main board-listed Goldis Bhd, an associate company of property developer IGB Corp Bhd. The company offers enabling systems to content providers to channel content to mobile network operators across the region.