many things going on in this company. from many MoUs, few converted to agreement, higher receivables without customer concentration due to diversified customer base, and quite a number of AI solutions at the application layers targeting SMEs in Malaysia (banks and different industries). If the company is successful, the numbers will be reflected accordingly.

For those wondering what the agreement with SNS meant - Agmo Studio shall be responsible for the following: (i) provision of Artificial Intelligence (AI)-related software stack, including AI model deployment frameworks, Application Programming Interface (API) integration layers and application management services; (ii) application deployment and management on the GPU infrastructure provided by SNS Network, inclusive of full administrative (root) control over the operating system and software stack; and (iii) provision of technical support and integration services to end customers in relation to the Services. Agmo Studio is granted a non-exclusive right to market, distribute and resell the GPU infrastructure services to end customers. SNS Network shall remain the infrastructure provider of record for all Services delivered under the Agreement.

Agmo is currently the only company in main board software sector to offer AI products/solutions at the application layer and recently added the infrastructure/compute layer. Worth watching as regional software companies seeing higher demand/reported stronger earnings and outlook.