Announcement • Sep 13
Starbox Group Holdings Ltd. Announces Chief Financial Officer Changes, Effective September 1, 2025 On September 1, 2025, Mr. Khoo Kien Hoe, the chief financial officer (“CFO”) of Starbox Group Holdings Ltd. notified the Company of his resignation from his position of the CFO, effective on the same date. The resignation of Mr. Khoo was due to personal reasons. On the same date, to fill the vacancy created by Mr. Khoo’s resignation, the board of directors (the “Board”) of the Company approved and appointed Mr. Chong Yip Loong, the chief executive officer, director, and chairman of the Board, to serve as the Company’s CFO. Announcement • Sep 04
Starbox Group Holdings Ltd. has withdrawn its Follow-on Equity Offering in the amount of $30 million. Starbox Group Holdings Ltd. has withdrawn its Follow-on Equity Offering in the amount of $30 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 119,984
Transaction Features: At the Market Offering Announcement • Jul 14
The Nasdaq Stock Market to Delist the Class A Ordinary Shares of Starbox Group Holdings The Nasdaq Stock Market announced that it will delist the Class A ordinary shares of Starbox Group Holdings Ltd. Starbox Group Holdings’ Class A ordinary shares were suspended on May 5, 2025 and have not traded on Nasdaq since that time. Reported Earnings • Feb 16
Full year 2024 earnings released: US$10.01 loss per share (vs US$0.61 profit in FY 2023) Full year 2024 results: US$10.01 loss per share (down from US$0.61 profit in FY 2023). Net loss: US$101.3m (down US$103.5m from profit in FY 2023). Announcement • Jan 28
Starbox Launches StarboxAI-IntelliCampaignOptimize, Revolutionizing Campaign Optimization for 180 Degrees Brandcom Starbox Group Holdings Ltd. announced that its wholly-owned subsidiary, Starbox Technologies Sdn. Bhd, proudly unveils its latest innovation - StarboxAI-IntelliCampaignOptimize, an advanced artificial intelligence ("AI") - driven system designed to optimize marketing campaigns. To support the operations of 180 Degrees Brandcom Sdn Bhd, an indirect (51% owned) subsidiary of Starbox, this system aims to enhance campaign performance while empowering merchants to achieve better outcomes efficiently. The StarboxAI-Intelli campaignOptimize is an AI-Driven system for campaign optimization that possesses the following capabilities: Real-time Optimization: Automatically adjusts campaigns based on performance metrics. Smart Budget Allocation: Maximizes the effectiveness of advertising spend. Personalized Campaign Targeting: Adapts messaging to audience behavior trends. Comprehensive Insights: Delivers actionable data for strategic decision-making. The integration of this system ensures that merchants benefit from increased efficiency and precision in their campaigns. By simplifying complex campaign management tasks, StarboxAI-Intelli CampaignOptimize allows merchants to focus on growth, while delivering meaningful and relevant experiences to their customers. This system is tailored to meet the evolving needs of modern businesses, aligning with 180 Degrees Brandcom's mission to drive impactful and results-driven marketing solutions. Announcement • Jan 16
Starbox Group Holdings Ltd. Unveils StarboxAI-IntelliContentCreate Starbox Group Holdings Ltd. announced the launch of StarboxAI-IntelliContentCreate by its wholly-owned subsidiary, Starbox Technologies Sdn. Bhd. (“Starbox Technologies”). The AI-powered content creation platform is designed to improve the way businesses and creators generate high-quality content. The Company also plans to support 180 Degrees Brandcom Sdn Bhd (“180 Degrees Brandcom”), an indirect (51% owned) subsidiary of Starbox, in its advertising business with the platform. 180 Degrees Brandcom is a 4A advertising agency that offers digital marketing, advertising consulting, and design services. About StarboxAI-IntelliContentCreate: StarboxAI-IntelliContentCreate is expected to offer: Intelligent Copywriting: By generating marketing copy, blog posts, and social media content, this feature is expected to help users produce consistent and high-quality content efficiently, saving both time and resources. AI-Powered Visual Design: Providing users with AI-driven suggestions for creating branded visuals, presentations, and social media posts, this feature is expected to provide a seamless and creative design process that simplifies workflows and enhances overall productivity. Advanced Video Creation: Integrating StarboxAI - ViPro module for AI-assisted professional-quality videos editing and special effects, this feature is expected to enable brands to produce visual content quickly, catering to the growing demand for video marketing. Supporting 180 Degrees Brandcom: With the launch of StarboxAI-IntelliContentCreate, Starbox plans to support 180 Degrees Brandcom with the platform to foster innovative advertising, by delivering personalized, timely, and effective campaigns that leverage the potential of AI-driven insights and automation. Automated Creative Generation: Leverages AI to tailor creative content such as text, images, and videos, to specific audiences. This process can craft personalized content based on input prompts, delivering copywriting efficiently. Personalized Design Assistance: Automates the creation of design elements that resonate with different demographics, streamlining the creative process and eliciting engagement. Dynamic, Context-Driven Campaigns: StarboxAI-IntelliContentCreate and StarboxAI-IntelliDistribute can dynamically adjust content based on real-time data to enhance relevance and engagement. Efficiency and Time-Saving: Significantly saves content creation time by streamlining research, ideation, production, and distribution. It also optimizes campaigns in real-time through performance analytics, enhancing results without manual adjustments. New Risk • Jan 13
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (22% average weekly change). Earnings have declined by 57% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 7x increase in shares outstanding). Minor Risks Latest financial reports are more than 6 months old (reported March 2024 fiscal period end). Market cap is less than US$100m (US$54.4m market cap). Announcement • Oct 26
Starbox Powers 180 Degrees Brandcom with StarboxAI Pro Series, an AI-Driven Expansion into Image, Video, and Live Streaming Content Starbox Group Holdings Ltd. announced that it has started to support 180 Degrees Brandcom Sdn Bhd (“180”) with its StarboxAI Pro Series software for 180’s branding and advertising business. 180, an indirect subsidiary that is 51% owned by Starbox, is a 4A advertising agency incorporated in 2013 that offers digital marketing, advertising consulting and design services. 180 has maintained long-term relationships, with more than 20% of its existing clients for over 15 years. To enhance service quality, 180 anticipates improving brand engagement by using StarboxAI Pro Series, which provides artificial intelligence (“AI”) powered solutions for image creation, video production, and live streaming alongside data-driven marketing strategies. Equipped with StarboxAI Pro Series, 180 is expected to have the following new capabilities: AI-powered Image Creation: Generation of campaign-specific image tailored to brand identity. AI-powered Video Production: Fast, automated creation of short videos for product promotion and social media. AI-powered Live Streaming: Real-time engagement with interactive features such as Q&A, purchase guidance, and dynamic content streaming. Reported Earnings • Jun 30
First half 2024 earnings released: US$0.16 loss per share (vs US$0.026 profit in 1H 2023) First half 2024 results: US$0.16 loss per share (down from US$0.026 profit in 1H 2023). Revenue: US$4.45m (up 12% from 1H 2023). Net loss: US$13.4m (down US$14.8m from profit in 1H 2023). Announcement • May 23
Starbox Group Holdings Ltd., Annual General Meeting, Jun 27, 2024 Starbox Group Holdings Ltd., Annual General Meeting, Jun 27, 2024, at 08:30 Singapore Standard Time. Location: vo2-03-07, velocity office 2, lingkaran sv, sunway velocity, 55100, kuala lumpur, Malaysia Announcement • May 22
Starbox Group Holdings Ltd. has completed a Follow-on Equity Offering in the amount of $4.3 million. Starbox Group Holdings Ltd. has completed a Follow-on Equity Offering in the amount of $4.3 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 21,500,000
Price\Range: $0.2
Transaction Features: Regulation S Board Change • May 01
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Independent Director Kwong Choy Lai is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • Feb 01
Starbox Group Holdings Ltd. announced delayed 20-F filing On 01/31/2024, Starbox Group Holdings Ltd. announced that they will be unable to file their next 20-F by the deadline required by the SEC. Announcement • Dec 29
Starbox Group Holdings Ltd. has withdrawn its Follow-on Equity Offering. Starbox Group Holdings Ltd. has withdrawn its Follow-on Equity Offering.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 5,050,505
Security Name: Pre-Funded Warrants
Security Type: Equity Warrant
Securities Offered: 5,050,505
Security Name: Common Warrants
Security Type: Equity Warrant
Securities Offered: 5,050,505 New Risk • Dec 07
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: US$15.0m This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (22% average weekly change). High level of non-cash earnings (195% accrual ratio). Market cap is less than US$10m (US$15.0m market cap). Minor Risk Shareholders have been diluted in the past year (32% increase in shares outstanding). Valuation Update With 7 Day Price Move • Oct 03
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to US$1.09, the stock trades at a trailing P/E ratio of 21.1x. Average trailing P/E is 16x in the Media industry in the US. Total loss to shareholders of 40% over the past year. New Risk • Sep 15
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 58% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (195% accrual ratio). Shareholders have been substantially diluted in the past year (58% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Market cap is less than US$100m (US$84.8m market cap). Valuation Update With 7 Day Price Move • Sep 07
Investor sentiment deteriorates as stock falls 34% After last week's 34% share price decline to US$1.55, the stock trades at a trailing P/E ratio of 26.4x. Average trailing P/E is 15x in the Media industry in the US. Total loss to shareholders of 58% over the past year. Announcement • Sep 06
Starbox Group Holdings Ltd. Unveils StarboxAI - ViPro Module with Text-To-Video Feature to Promote Creativity and Accelerate the Design Process in Content Creation Starbox Group Holdings Ltd. announced the launch of the StarboxAI - ViPro module, featuring an innovative text-to-video function. The StarboxAI – ViPro module's Text-to-Video feature allows content creators to translate text instructions or scripts into visually engaging video content. This technology enables the generation of a mass library of short video content, reducing the time to create a video, and is particularly designed to produce content for social media. By leveraging the StarboxAI - ViPro module, content creators can have access to greater efficiency with creativity in one tool that allows for seamless integration into existing production workflow, enabling the delivery of a diverse range of promotional videos while maintaining an active social media presence, all at a fraction of the time compared to conventional methods. Reported Earnings • Sep 01
First half 2023 earnings released: EPS: US$0.026 (vs US$0.031 in 1H 2022) First half 2023 results: EPS: US$0.026. Revenue: US$3.98m (up 36% from 1H 2022). Net income: US$1.36m (up 8.6% from 1H 2022). Profit margin: 34% (down from 43% in 1H 2022). The decrease in margin was driven by higher expenses. New Risk • Aug 31
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 195% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (195% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Shareholders have been diluted in the past year (39% increase in shares outstanding). Announcement • Aug 25
Starbox Group Holdings Ltd. to Report First Half, 2023 Results on Aug 29, 2023 Starbox Group Holdings Ltd. announced that they will report first half, 2023 results on Aug 29, 2023 Announcement • Aug 17
Starbox Applies Synchronous Voice-To-Image Technology to its StarboxAI ImPro Starbox Group Holdings Ltd. unveiled its latest innovation within the StarboxAI ImPro module: the voice-to-image capability (the "Technology"). Designed with versatility in mind, this feature is targeted to bringing changes across a multiple of business industries, offering a fresh approach to visualizing ideas and concepts in real-time. The voice-to-image technology of StarboxAI ImPro is expected to simplify business communications. The key function is that the Technology comprehends and translates vocal inputs, producing images that encapsulate the vocal inputs. This capability is anticipated to be applied to various scenarios, such as: Corporate Conference Room Visualization: The Technology dynamically produces relevant visuals of vocal content delivered during a business conference on projected screen, enhancing comprehension and participation. Marketing Campaign Visualization: Marketing and advertising teams can brainstorm campaign ideas vocally, and the Technology can generate images representing the campaign's ideas, themes, or target audiences, assisting in verbal brainstorming and visual campaign design. Advanced Forensics: Police departments can leverage this Technology by having witnesses orally describe the facial features of a suspect, and the Technology will generate the facial composite image of such suspect in real-time. Memory Visualization for Therapeutic Insight: In therapeutic setting, patients can articulate deeply-held memories or past experiences. The Technology then crafts a visual representation of these memories, providing a tangible point of reference for exploration and healing within the psychological and therapeutic journey. Revolutionizing Creative writing:writers can orally describe a scene, setting, or event in their story, prompting the Technology to craft detailed images, which can offer readers an immersive experience, allowing them to visualize novels or scripts. The Technology not only aims to accelerate the content creation and decision-making process, but may also introduce innovative ways for people to express, share, and collaborate. Announcement • Aug 12
Starbox Group Holdings Ltd., Annual General Meeting, Sep 22, 2023 Starbox Group Holdings Ltd., Annual General Meeting, Sep 22, 2023, at 08:30 US Eastern Standard Time. Location: VO2-03-07, Velocity Office 2, Lingkaran SV Sunway Velocity Kuala Lumpur Malaysia Agenda: To re-elect each of the five directors named in the proxy statement as a director of the Company to hold office until the next annual general meeting or until his/her respective successor is elected and duly qualified; and to ratify the appointment of YCM CPA, Inc. as the Company’s independent registered public accounting firm for the fiscal year ending September 30, 2023. Announcement • Aug 08
Starbox Group Holdings Ltd. Unveils Image-To-Image Processing Technology in AIGC Engine Starbox Group Holdings Ltd. announced the new image-to-image processing technology, an important addition to the core functions of the Company's artificial intelligence-generated content (AIGC) engine's StarboxAI - ImPro module. This innovative feature of the Technology is expected to enable users to create multiple design variations and iterations of the output image, elevating the design experience for both non-designers and professionals. Following the successful integration of its AI content creation engine supporting graphics, Starbox continues to facilitate creativity in the design industry. As a core function of the StarboxAI- ImPro module, the Technology leverages advanced deep learning models and capabilities of the AIGC engine, which allows users to upload an input image and create high-quality variations, iterate designs, and even customize outputs to align with their marketing or promotional needs. The Technology also enables users who seek to create attractive visuals, without requiring any specialized design skills. For professionals in the design industry, the Technology may assist them in creating content by offering rapid prototyping, exploration of design alternatives, and offering sophisticated refinement of visual assets to provide high-quality materials to the market at an efficient pace. The Starbox AIGC engine's Technology is part of the core functions of the "StarboxAI - ImPro Module" product series and is available for immediate use by customers across Southeast Asia. New Risk • Jul 22
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported September 2022 fiscal period end). Share price has been volatile over the past 3 months (11% average weekly change). Valuation Update With 7 Day Price Move • Jul 20
Investor sentiment improves as stock rises 30% After last week's 30% share price gain to US$4.30, the stock trades at a trailing P/E ratio of 75.4x. Average trailing P/E is 15x in the Media industry in the US. Valuation Update With 7 Day Price Move • Jun 29
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to US$3.42, the stock trades at a trailing P/E ratio of 51.6x. Average trailing P/E is 15x in the Media industry in the US. Valuation Update With 7 Day Price Move • May 26
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to US$2.62, the stock trades at a trailing P/E ratio of 39.5x. Average trailing P/E is 14x in the Media industry in the US. Valuation Update With 7 Day Price Move • May 11
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to US$3.42, the stock trades at a trailing P/E ratio of 51.6x. Average trailing P/E is 14x in the Media industry in the US. Board Change • May 01
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Independent Director Kwong Choy Lai is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Valuation Update With 7 Day Price Move • Mar 21
Investor sentiment deteriorates as stock falls 33% After last week's 33% share price decline to US$1.99, the stock trades at a trailing P/E ratio of 30x. Average trailing P/E is 14x in the Media industry in the US. Valuation Update With 7 Day Price Move • Mar 07
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to US$3.45, the stock trades at a trailing P/E ratio of 52.1x. Average trailing P/E is 15x in the Media industry in the US. Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to US$3.43, the stock trades at a trailing P/E ratio of 51.8x. Average trailing P/E is 13x in the Media industry in the US. Reported Earnings • Jan 20
Full year 2022 earnings released: EPS: US$0.089 (vs US$0.036 in FY 2021) Full year 2022 results: EPS: US$0.089 (up from US$0.036 in FY 2021). Revenue: US$7.19m (up 127% from FY 2021). Net income: US$3.60m (up 149% from FY 2021). Profit margin: 50% (up from 46% in FY 2021). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Dec 30
Investor sentiment improved over the past week After last week's 16% share price gain to US$2.84, the stock trades at a trailing P/E ratio of 53.4x. Average trailing P/E is 12x in the Media industry in the US. Valuation Update With 7 Day Price Move • Nov 29
Investor sentiment improved over the past week After last week's 21% share price gain to US$2.56, the stock trades at a trailing P/E ratio of 48.1x. Average trailing P/E is 13x in the Media industry in the US. Board Change • Nov 16
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Independent Director Yvonne Law is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Valuation Update With 7 Day Price Move • Oct 12
Investor sentiment deteriorated over the past week After last week's 20% share price decline to US$1.47, the stock trades at a trailing P/E ratio of 23.1x. Average trailing P/E is 10x in the Media industry in the US. Board Change • Sep 30
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Independent Director Yvonne Law is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Valuation Update With 7 Day Price Move • Sep 22
Investor sentiment deteriorated over the past week After last week's 26% share price decline to US$2.31, the stock trades at a trailing P/E ratio of 36.2x. Average trailing P/E is 11x in the Media industry in the US. Valuation Update With 7 Day Price Move • Sep 07
Investor sentiment deteriorated over the past week After last week's 35% share price decline to US$3.40, the stock trades at a trailing P/E ratio of 53.3x. Average trailing P/E is 12x in the Media industry in the US.