iris annual 2022 - Annual Report

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GROUP FINANCIAL PERFORMANCE

The Group achieved a 98% increase in revenue of
RM211.0 million in FY2022 compared to RM106.6 million in FY2021. For FY2022, the Group posted Profit Before
Tax (PBT) of RM4.2 million as compared to FY2021 Loss Before Tax (LBT) of RM9.6 million.

Trusted ID (Identification) posted a higher revenue of RM206.8 million in FY2022 as compared to FY2021
revenue of RM104.8 million. The Sustainable Development division contributed a higher revenue of RM4.2 million in FY2022 compared to FY2021’s RM1.7 million.

GROUP
REVENUE
INCREASED
BY

0^%

TRUSTED ID
DIVISION
REVENUE
INCREASED BY

0^%

SUSTAINABLE
DEVELOPMENT
DIVISION
REVENUE
INCREASED BY

0^%

Our TRUSTED ID FOOTPRINT

As of March 2022,
we have delivered more than…

0 million

pieces of
ePassport and/or Inlay
to 14 countries

0 million

pieces of
eID and/or card-based
driving licenses

0 thousand

contact / contactless card
readers and devices
sold to 28 countries

As of March 2022,
we have delivered more than…

0 million

pieces of
ePassport and/or Inlay
to 14 countries
0 million

pieces of
eID and/or card-based
driving licenses
0 thousand

contact / contactless card
readers and devices
sold to 28 countries

34 countries

and still expanding...

Americas

1Bahamas
2Canada
3United States

Europe

4Italy
5Netherlands
6Norway

Africa

7Egypt
8Guinea Conakry
9Nigeria
10Senegal
11Somalia
12Tanzania

Asia

13Afghanistan
14Bahrain
15Bangladesh
16Bhutan
17Brunei
18Cambodia
19India
20Indonesia
21Kazakhstan
22Malaysia

23Maldives
24Myanmar
25Saudi Arabia
26South Korea
27Sri Lanka
28Thailand
29Turkey
30Turkmenistan
31United Arab Emirates
32Uzbekistan

Oceania

33New Zealand
34Solomon Islands

Americas

1Bahamas
2Canada
3United States

Europe

4Italy
5Netherlands
6Norway

Africa

7Egypt
8Guinea Conakry
9Nigeria
10Senegal
11Somalia
12Tanzania

Asia

13Afghanistan
14Bahrain
15Bangladesh
16Bhutan
17Brunei
18Cambodia
19India
20Indonesia
21Kazakhstan
22Malaysia
23Maldives
24Myanmar
25Saudi Arabia
26South Korea
27Sri Lanka
28Thailand
29Turkey
30Turkmenistan
31United Arab Emirates
32Uzbekistan

Oceania

33New Zealand
34Solomon Islands

SUSTAINABILITY AT IRIS

IRIS recognises the importance of sustainability and
its impact to achieve profitability in a safe, secure, and
sustainable environment. We have been incrementally
embracing a culture of incorporating Economic,
Environmental, and Social (EES) risks and opportunities into
our decision making, business practices and processes.

Corporate
Vision

Mission

Core
Values

We remain tenacious and dedicated in our resolve to face new, unexpected challenges and make the most of every opportunity.