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VCI Global Ltd (VCIG) stock

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NASDAQ: VCIG Nasdaq Research & Consulting Services

D Fundamentals grade

VCI Global Ltd is a US-listed company in the research & consulting services industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Fair value per share

Under review: cash-flow, stock-pay or share-count figures missing or out of date.

Price vs value

Under review: cash-flow, stock-pay or share-count figures missing or out of date. We'll show the comparison once resolved.

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders1 buying, 0 selling3 purchases and 0 sales by directors and officers, last 12 monthsInsider trades

Value diary

Our note on each quarter VCI Global files

Where VCI Global stands after its latest Filing

Revenue for the twelve months was $26m. Free-cash-flow margin held at 6.4%. The diluted share count is up 81592.5% on a year earlier, which dilutes existing holders. Against its peers on growth, profitability, cash generation and balance sheet, it grades D. It passes 2 of our 2 financial-health checks.

Our model value for VCI Global is under review, so past values are not shown until it is resolved.

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

VCI Global Ltd's trailing-twelve-month revenue fell 6.2% year on year, with a free-cash-flow margin of 6.4%. Where it stands out: long-term debt as % of assets of 0.0% ranks 1 of 21 research & consulting services companies we cover. Where it lags: change in share count of 81592.5% ranks 30 of 30 research & consulting services companies we cover.

Current signal Revenue growth decelerating: TTM revenue growth slowed to -6.2% (-46.9pp vs the prior quarter), the 2nd consecutive quarterly slowdown.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Strengths

Nothing in VCI Global Ltd's latest figures clears our strength thresholds.

Things to watch

  • Revenue shrinking. Revenue fell 6.2% over the last 12 months.
  • Growth slowing. The growth rate is 46.9 points lower than a quarter earlier.
  • Heavy stock-based pay. Stock pay equals 25.5% of revenue, against a median of 2.6% for research & consulting services companies we cover: a real cost that cash-flow figures leave out.
  • Share dilution. Diluted shares rose 81592.5% in a year.
  • Gross margin slipping. Gross margin is down 8.1 points on a year ago.
  • Below peers: days sales outstanding. Days sales outstanding of 413 days ranks 29 of 29 research & consulting services companies we cover (median 63 days).

Price chart

  • 1 day+4728.4%
  • 1 week+3244.3%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$26.1M
Net margin
-116.0%
EPS (TTM, diluted)
$-463.01

Growth

Revenue growth
−6.2%
Change in growth rate
−46.9 pts
Share count change
+81592.5%

Cash

Free cash flow (TTM)
$1.7M
FCF margin
6.4%
Stock pay % of revenue
25.5%

News & updates

Updated November 2, 2026

Company announcements, filed results and changes that matter to shareholders.

No recent updates are available for VCIG from the sources we follow. See filings →

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: cash-flow, stock-pay or share-count figures missing or out of date.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: High.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Analysts' consensus

No analyst estimates are published for VCI Global Ltd: too few analysts cover it.

Positioning

Short interest
1.7%
of tradable shares
Days to cover
0.02
at average volume
Short interest, 1 month
+5331%
to October 15, 2026
Held by institutions
1%
of shares
Held by insiders
3.6%
of shares
Employees
74
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

Recent prices are available. Older price history and the statistics that need it are being loaded in the background.

Price behaviour

52-week range
Not enough history
From 52-week high
—
vs 50-day average
—
vs 200-day average
—
Volatility (1 year)
—
Beta vs S&P 500
—

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

VCI Global Ltd in five measures

Fundamentals grade D
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) VCI Global Ltd
$0 $10M $20M $30M FY22 Q4 FY23 Q4 FY24 Q4 FY25 Q4 Revenue (TTM), FY22 Q4: $8.1M Revenue (TTM), FY23 Q4: $19.8M Revenue (TTM), FY24 Q4: $27.8M Revenue (TTM), FY25 Q4: $26.1M $26.1M

Source: SEC EDGAR filings. Retrieved November 1, 2026.

View chart data
Period Revenue (TTM)
FY22 Q4 $8.1M
FY23 Q4 $19.8M
FY24 Q4 $27.8M
FY25 Q4 $26.1M
FCF margin (TTM) VCI Global Ltd
-50% 0% 50% 100% FY22 Q4 FY23 Q4 FY24 Q4 FY25 Q4 FCF margin (TTM), FY22 Q4: -8.5% FCF margin (TTM), FY23 Q4: 3.6% FCF margin (TTM), FY24 Q4: 78.9% FCF margin (TTM), FY25 Q4: 6.4% 6.4%

Source: SEC EDGAR filings. Retrieved November 1, 2026.

View chart data
Period FCF margin (TTM)
FY22 Q4 -8.5%
FY23 Q4 3.6%
FY24 Q4 78.9%
FY25 Q4 6.4%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 20-F. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

VCI Global Ltd: annual financial statements
Fiscal year 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025
Income
Revenue 1 11 8 20 28 26
Gross profit 1 9 6 16 23 19
Net income 1 5 5 8 8 −30
Diluted EPS $0.02 $0.14 $0.13 $353254.27 $98427.54 −$463.01
Growth (year on year)
Revenue — +>999% −29.5% +144.9% +40.6% −6.2%
Net income — +655.6% −0.1% +58.5% +1.3% −484.3%
Diluted EPS — +660.4% −10.2% +>999% −72.1% −100.5%
Margins
Gross margin 88.6% 78.3% 78.5% 83.1% 82.2% 74.1%
Net margin 74.8% 42.8% 60.7% 39.3% 28.3% −116.0%
Free-cash-flow margin — 58.2% −8.5% 3.6% 78.9% 6.4%
Cash flow
Cash from operations 1 7 −0 1 22 3
Capital spending — 0 0 0 0 1
Free cash flow — 7 −1 1 22 2
Stock-based pay — — — 1 2 7
Free cash flow after stock pay — — — −0 20 −5
Balance sheet
Cash 0 1 1 1 8 1
Total debt — 0 0 0 0 —
Net debt (negative = net cash) −0 −0 −1 −1 −8 −1
Diluted shares 33m 33m 35m — — —
Returned to shareholders
Dividends — — — 0 — —
Total returned — — — 0 — —

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Older annual columns retain the reporting standard and currency used in those filings, translated separately to USD. Current filings replace overlapping periods. Reporting changes can affect comparability; older bases are not used to fill current valuation inputs.

Financial health

2 of 2 checks passed · December 31, 2025
What it owns · $117m
Short-term assets $31mLonger-term assets $86m
What it owes, and who funded it · $117m
Short-term liabilities $20mLonger-term liabilities $1mShareholders' equity $96m
  • Short-term assets cover short-term liabilities $31m of assets due within a year against $20m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $31m short-term assets against $808,220 of longer-dated liabilities.
  • More cash than debt Cash or debt not separately reported. Not assessable.
  • Debt below 40% of shareholders' equity Equity or debt not reported. Not assessable.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt Cash flow or debt not reported. Not assessable.
  • Operating profit covers interest at least five times over Interest not separately reported. Not assessable.

From VCI Global Ltd's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

Diluted share count
+81592.5%
year over year
Days sales outstanding
413 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in research & consulting services
Growth, margins and cash generation against peers
Last 12 months unless stated VCIG LICN ACCS CTM ACFN RYOJ Median
Revenue, last 12 months $26m $25m $22m $55m $10m $9m $632m
Revenue growth, last 12 months −6.2% −40.9% −0.4% 16.3% −27.5% −19.4% 4.8%
Revenue growth, 3-year average — — −9.9% 8.3% 9.2% — 6.8%
Revenue growth, latest quarter — — −0.1% −1.1% −29.4% — 4.4%
Gross margin 74.1% 37.3% 74.9% 35.3% 80.3% 26.6% 43.9%
Operating margin — −73.7% −8.8% −4.9% 7.1% −8.1% 6.1%
Operating margin, 3-year average — — −38.4% −15.5% 11.9% — 6.0%
Net margin −116.0% −89.6% −7.6% −4.1% 16.1% 1.3% 3.1%
Cash from operations / revenue 10.0% −72.8% 3.2% 4.9% 15.3% 9.3% 9.6%
Free-cash-flow margin 6.4% −72.8% 3.1% 4.7% 15.3% 7.4% 7.4%
Free-cash-flow margin, 3-year average — — 9.2% 0.4% 9.4% — 8.6%
Stock pay / revenue 25.5% 1.3% 3.7% 3.9% 3.5% 5.8% 2.5%
Change in share count >999% >999% 1.1% 41.8% 0.9% 5.1% 0.5%

Median of all 33 companies we cover in research & consulting services. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

33 research & consulting services companies
Measures ranked against peers
Measure Company Peer median Rank
Revenue growth Growth -6.2% 4.8% 24 of 33
Change in growth rate Growth -46.9pp +0.6pp 32 of 33
Gross margin Profitability 74.1% 45.2% 4 of 25
Net margin Profitability -116.0% 3.1% 31 of 33
Free-cash-flow margin Cash generation 6.4% 7.4% 21 of 33
Stock pay as % of revenue Cash generation 25.5% 2.6% 28 of 30
Long-term debt as % of assets Balance sheet 0.0% 22.7% 1 of 21
Change in share count Balance sheet 81592.5% 0.6% 30 of 30
Days sales outstanding Balance sheet 413 days 63 days 29 of 29

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Who owns it

13F filings for June 30, 2026
Reported value
$90,158
Institutions reporting
4
Shares held vs prior quarter
▲ 52.6%
Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Jane Street Group, LLC $49,655 18K 55.1% New
Bank Of Montreal $27,000 10K 29.9% New
Tower Research Capital LLC (TRC) $13,500 5K 15.0% New
Caitong International Asset Management Co., Ltd $3 0K 0.0% ▼ 66.7%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not VCI Global Ltd's complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Recent insider open-market transactions
Insider Date Trade Shares Price Value
Hoo Voon Him CEO and Director September 30, 2026 Buy 193,349 $1.62 $313,225
Hoo Voon Him CEO and Director May 26, 2026 Buy 654,135 $1.33 $870,000
Hoo Voon Him CEO and Director May 20, 2026 Buy 1,200,000 $0.75 $900,000

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Recent SEC filings

Data status

When each part of this page on VCI Global Ltd was last updated.

DataLast updatedSource
Share priceExchange closing prices
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

VCI Global Ltd in brief

What does VCI Global Ltd do?
VCI Global Ltd is a US-listed company in the research & consulting services industry. Its financial year ends in December.
What is VCI Global Ltd's stock ticker?
VCI Global Ltd trades under the ticker VCIG on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is VCI Global Ltd's revenue, and how fast is it growing?
Over its most recent trailing twelve months, VCI Global Ltd reported revenue of $26.1M, 6.2% lower than a year earlier, according to its SEC filings.
What is VCI Global Ltd's free cash flow?
VCI Global Ltd's free-cash-flow margin is 6.4% of revenue over the trailing twelve months, ranking 21 of the 33 research & consulting services companies we cover.
Who are VCI Global Ltd's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Jane Street Group, LLC, Bank Of Montreal and Tower Research Capital LLC (TRC). 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Who are VCI Global Ltd's competitors?
In our Research & Consulting Services peer group, the companies closest to VCI Global Ltd are Lichen International Ltd, Access Newswire Inc., Castellum, Inc., Acorn Energy, Inc. and Ryojbaba Co., Ltd. The side-by-side comparison below sets their revenue, margins and growth against VCI Global Ltd's.
Are insiders buying or selling VCI Global Ltd stock?
Over the last 12 months, VCI Global Ltd's directors and officers reported 3 open-market purchases and 0 sales on Form 4. The insider trading page charts every trade.