iCar Asia (ASX: ICQ)

iCar Asia (ASX: ICQ) Operates online car classifieds in South East Asia

2012

FOUNDED

MICRO

SIZE

MEDIA

Industry

Product / Service

  • iCar Asia develops and operates online car classifieds and automotive-related websites

  • iCar Asia’s two main activities are:

    • Development and operation of online automotive portals

    • Advertising, publication and distribution of automotive magazines in South East Asia

  • iCar Asia operates three business units by geography: Malaysia, Indonesia and Thailand

  • iCar Asia’s automotive portals are:

    • Carlist (Malaysia) – online classifieds for car buyers, sellers and enthusiasts

    • LiveLifeDrive (Malaysia) – automotive magazine with online car buying guide

    • Mobil123 (Indonesia) – online classifieds for car dealers and private sellers

    • Otospirit (Indonesia) – platform for car enthusiasts offering premium content on car industry, lifestyle and leisure

    • 0ne2car (Thailand) -- online classifieds for car buyers and sellers

    • Autospinn  (Thailand) – offers online automotive content

    • Thaicar (Thailand) – online classifieds for car buyers and sellers

  • iCar Asia attracts over 8 million website visitors per month and had 428,431 listings across its portals as at December 2016

History

  • iCar was founded by Singapore-based online media company Catcha group in April 2012
  • iCar listed on the ASX in September 2012

Customers

  • iCar’s customers are car dealers, manufactures, buyers, sellers, enthusiasts and advertisers

Operations

  • The company is headquartered in Kuala Lumpur, Malaysia
  • The company’s operations are in Malaysia, Thailand and Indonesia

We are passionate about becoming ASEAN’s largest and most trusted automotive digital marketplace, connecting over 600 million buyers and sellers

Profitability Table

Year Revenue ($m) % change EBIT ($m) % change
CY 2012 0.3 - -1.8 L
CY 2013 1.4 373 -7.2 L
CY 2014 2.8 94.6 -17.0 L
CY 2015 6.3 123 -12.8 L
CY 2016 6.7 6.1 -15.1 L

 

Fun Facts

  • Hamish Stone’s (CEO) total remuneration for CY 2016 was $363k

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