KUALA LUMPUR: Evergreen Max Cash Capital Bhd, an established pawnbroking service provider as well as retailer and trader of gold and luxury products, continued to deliver another quarter of growth with Q4 ended Dec 31, 2025 (FY25) revenue surging 69.6% year-on-year (YoY) to RM69.2 million, compared to RM40.8 million in Q4 FY24.
Net profit rose 279.3% YoY to RM11.0 million from RM2.9 million in Q4 FY24, marking a new quarterly record for the group and contributing to the highest full-year net profit ever achieved.
The growth in financial performance was driven by growth across all business segments, namely conventional pawnbroking, gold and luxury products retail and
trading, and Tawarruq products.
The total value of loan disbursements has increased, mainly supported by internally generated funds and higher revolving credit facilities from financial institutions that were allocated for the deployment of pawn loans.
Notably, the Tawarruq pawnbroking segment saw an increase of 317.3% in loan disbursements in Q4 FY25 to RM162.7 million, and the conventional pawnbroking loan disbursements grew 62.1% to RM231.7 million, while the gold and luxury products retail and trading business recorded higher sales volumes of pre-owned gold products by 84.6%, jumping to 51.5kg.
The price of gold also contributed to strong growth, averaging US$4,353/oz in Q4 FY25, up from US$2,609/oz in Q4 FY24.
Commenting on the group’s financial achievements, executive director and group
managing director Datuk Low Kok Chuan said the group delivered the highest full-year revenue and net profit in history.
“This reflects the resilience and scalability of EMCC’s business model. With a larger outlet network, expanding loan book, and strengthened funding base, the group is well-positioned to capture a larger share of the market,” he said.
For FY25, revenue rose 75.4% to RM214.5 million from RM122.3 million in the
previous financial year, while net profit increased 68.8% to RM37.0 million from
RM21.9 million earlier.
Total loan disbursements across the conventional pawnbroking and Tawarruq segments exceeded RM1.0 billion for the year.
By segment, revenue from conventional pawnbroking increased 29.5% to RM56.4
million, with loan disbursements expanding 39.9% YoY to RM747.3 million.
The Tawarruq products segment saw revenue growth of 363.5% to RM26.1 million, with
loan disbursements expanded 376.7% YoY to RM420.7 million.
Revenue from the gold and luxury products retail and trading segment grew 80.8% to RM132.0 million.
“At the start of 2025, we operated 70 outlets. By the end of the year, this has increased to 99, in line with our expansion strategy.
“We strengthened our position in the Islamic pawnbroking segment, while continuing to grow our conventional pawnbroking business through additional funding lines secured during the year.
“Looking ahead, we will continue to deploy capital in a disciplined manner to sustain
our growth trajectory,” he concluded.
EMCC has declared an interim single-tier dividend of 0.35 sen per share. This brings the total dividends declared for FY25 to 0.65 sen per share, amounting to RM7.3 million, representing a dividend payout ratio of 19.8% of FY25 net profit.
