About Ray Go Solar
Ray Go Solar is a publicly listed company based in Klang (Malaysia) founded in 2012. Solar panels are manufactured by Ray Go Solar in Malaysia. Ray Go Solar has raised $331.36 thousand across 1 funding round. Ray Go Solar offers products and services including Solar PV Installation and Solar Consultancy. Its focus areas include Energy, Solar Energy, Project Development Services and Project Developers. Its legal entity is Ray Go Solar Holdings Bhd. Its competitors include Solarvest Energy, Cypark Resources Berhad and Gading Kencana.
Company details
Ray Go Solar was established in 2012 in Klang, Malaysia, where operations in the renewable energy sector are conducted. Solar panels are produced through dedicated manufacturing processes, with a focus on photovoltaic technology. The company maintains its online presence via raygosolar.com and supports regional energy needs in Southeast Asia. Activities are centered on production and distribution without additional services noted.
- Headquarters Klang, Malaysia
- Stage Public
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website raygosolar.com
- Social LinkedIn Facebook
- Legal Name Ray Go Solar Holdings Bhd.
- Annual Revenue$7.34 M (USD)-0.84as on Oct 31, 2025
- Net Profit$189.37 K (USD)-39.1as on Oct 31, 2025
- EBITDA$1.1 M (USD)-12.15as on Oct 31, 2025
- Total Equity Funding$331.36K (USD)
in 1 rounds
- Latest Funding Round$331.36K (USD), Seed
Oct 2018
Products & Services of Ray Go Solar
Ray Go Solar offers a comprehensive portfolio of products and services, including Solar PV Installation and Solar Consultancy.
Provides engineering, procurement, and commissioning for solar systems.
Offers expert advice on solar projects and energy efficiency.
Funding Insights of Ray Go Solar
Ray Go Solar has successfully raised a total of $331.36K through 1 strategic funding round. The most recent funding activity was a Seed round of $331.36 thousand completed in October 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $331,361
- Total Rounds 1
- Last Round Seed — $331,361
- First Round $331,361
(Oct 2018)
All 1 funding rounds of Ray Go Solar with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2018 | $331,361 | Seed | – | – | – |
IPO & Listings of Ray Go Solar
Ray Go Solar is a publicly listed company on the MYX with ticker symbol RGS in Malaysia, operating in the Industrial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date11 Mar 2022
- Listed onKLSE: RGS
- Listed entityRay Go Solar Holdings Bhd.
- Exchange sectorIndustrial services
- ISINMYL03052O007
- Share price0.17 MYR · 2026-10-13
- Market capitalisation43,350,000.00 MYR
- Price to earnings38.6
- EPS (diluted, trailing year)0.00 MYR
Financials of Ray Go Solar
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 30.7M MYR | 793,090 MYR | 4.6M MYR |
| 2024 | 31.0M MYR | 1.3M MYR | 5.2M MYR |
| 2023 | 20.4M MYR | -80,090 MYR | 3.0M MYR |
| 2022 | 8.9M MYR | -2.2M MYR | 340,190 MYR |
| 2021 | 15.8M MYR | 1.8M MYR | 5.3M MYR |
Detailed financial statements for Ray Go Solar
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Timeline of Ray Go Solar
3 dated milestones of Ray Go Solar across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Ray Go Solar is founded.
- Funding First funding round of $331K.
- IPO Lists on the stock exchange (IPO).
Competitors of Ray Go Solar
Ray Go Solar has 3 listed competitors in our database. They include Solarvest Energy, Cypark Resources Berhad and Gading Kencana.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| solarvest.my | 2012 | Petaling Jaya, Malaysia | 181 | Solar energy projects are developed and maintained with full services. | ||
| cypark.com | 2010 | Petaling Jaya, Malaysia | Solar engineering, procurement, and construction services are provided. | |||
| gadingkencana.com.my | 1993 | Shah Alam, Malaysia | Provides electrical maintenance, energy audits, solar systems, and consulting services in Malaysia. |
Detailed competitors of Ray Go Solar
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Frequently Asked Questions about Ray Go Solar
Ray Go Solar was founded in 2012 and raised its 1st funding round 6 years after it was founded.
Ray Go Solar is headquartered in Klang, Malaysia. It is registered at Klang, Selangor, Malaysia.
Ray Go Solar is a funded company, having raised a total of $331.36K across 1 funding round to date. The company's 1st funding round was a Seed of $331.36K, raised on Oct 2018.
Annual revenue of Ray Go Solar is $7.34M as on Oct 31, 2025.
Ray Go Solar was established in 2012 in Klang, Malaysia, where operations in the renewable energy sector are conducted. Solar panels are produced through dedicated manufacturing processes, with a focus on photovoltaic technology. The company maintains its online presence via raygosolar.com and supports regional energy needs in Southeast Asia. Activities are centered on production and distribution without additional services noted.
Ray Go Solar's top competitors include Cypark Resources Berhad, Solarvest Energy and Gading Kencana.
Ray Go Solar offers Solar PV Installation and Solar Consultancy.
Yes, Ray Go Solar is publicly traded on MYX under the ticker symbol RGS.
Ray Go Solar operates through Ray Go Solar Holdings Bhd.