VCI Global Limited (NASDAQ:VCIG) shares surged 26.85% to $1.37 in after-hours trading on Thursday following the release of its fiscal year results. The stock's rally came after a significant intraday decline of 32.08%, where it closed at $1.08 earlier in the day, according to Benzinga Pro data.
Fiscal Year Results
For the fiscal year ending December 31, 2025, VCI Global reported revenue of $26.1 million, a decrease from $27.8 million in 2024. The company's business strategy consultancy division, which assists enterprises in navigating capital markets, saw a 29% decline in revenue, dropping to $10.5 million from $14.8 million in the previous year. This segment was spun off in December 2025 through the separation of VCCG. Conversely, revenue from technology development increased by 13.3% year-over-year to $12.9 million.
Financial Performance
VCI Global reported a net loss of $30.2 million for the year, attributed to non-cash valuation adjustments, restructuring expenses, and losses from the disposal of core subsidiaries. The company's market capitalization stands at approximately $4.46 million. Over the past year, VCI Global's share price has declined by nearly 100%, reaching a 52-week high of $2,412 and a low of $0.71. The stock's Relative Strength Index (RSI) is currently at 30.83, indicating potential ongoing pressure on its market position.
The significant stock price movement may attract attention from investors in small-cap technology and consultancy sectors, particularly those focused on AI and operational platforms. The volatility in VCI Global's shares could indicate broader market sentiment regarding recovery potential in these industries.
Watch for further updates on VCI Global's performance and any strategic moves that may influence investor confidence in the upcoming quarters.