Valuation Update With 7 Day Price Move • Apr 13
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to LK₨7.20, the stock trades at a trailing P/E ratio of 60.1x. Average trailing P/E is 10x in the Consumer Finance industry in Sri Lanka. Total loss to shareholders of 15% over the past three years. Valuation Update With 7 Day Price Move • Mar 11
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to LK₨7.50, the stock trades at a trailing P/E ratio of 63x. Average trailing P/E is 11x in the Consumer Finance industry in Sri Lanka. Total loss to shareholders of 16% over the past three years. New Risk • Mar 10
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Sri Lankan stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risks Large one-off items impacting financial results. Revenue is less than US$5m (LK₨955m revenue, or US$3.1m). Market cap is less than US$100m (LK₨6.83b market cap, or US$22.0m). New Risk • Jan 29
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Sri Lankan stocks, typically moving 8.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.0% average weekly change). Large one-off items impacting financial results. Revenue is less than US$5m (LK₨955m revenue, or US$3.1m). Market cap is less than US$100m (LK₨6.06b market cap, or US$19.6m). Valuation Update With 7 Day Price Move • Jan 29
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to LK₨6.30, the stock trades at a trailing P/E ratio of 52.9x. Average trailing P/E is 11x in the Consumer Finance industry in Sri Lanka. Total loss to shareholders of 32% over the past three years. Reported Earnings • Nov 17
Second quarter 2026 earnings released: EPS: LK₨0.35 (vs LK₨0.20 in 2Q 2025) Second quarter 2026 results: EPS: LK₨0.35. Revenue: LK₨354.7m (down 22% from 2Q 2025). Net income: LK₨84.3m (down 55% from 2Q 2025). Profit margin: 24% (down from 42% in 2Q 2025). Board Change • Sep 05
High number of new directors Non-Independent Non-Executive Director Naresh Abeyesekera was the last director to join the board, commencing their role in 2024. Ankündigung • Sep 02
Softlogic Finance PLC, Annual General Meeting, Sep 30, 2025 Softlogic Finance PLC, Annual General Meeting, Sep 30, 2025, at 10:00 Sri Lanka Standard Time. Location: auditorium of central hospital limited, (4th floor), no.114, norris canal road, colombo 10 Sri Lanka New Risk • Aug 17
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 2,319% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.2% average weekly change). Large one-off items impacting financial results. Revenue is less than US$5m (LK₨1.1b revenue, or US$3.5m). Market cap is less than US$100m (LK₨5.78b market cap, or US$19.2m). Reported Earnings • Aug 16
First quarter 2026 earnings released: LK₨0.32 loss per share (vs LK₨0.16 loss in 1Q 2025) First quarter 2026 results: LK₨0.32 loss per share. Revenue: LK₨134.7m (up 147% from 1Q 2025). Net loss: LK₨76.9m (loss narrowed 49% from 1Q 2025). Reported Earnings • Jun 02
Full year 2025 earnings released: EPS: LK₨0.16 (vs LK₨2.83 loss in FY 2024) Full year 2025 results: EPS: LK₨0.16 (up from LK₨2.83 loss in FY 2024). Net income: LK₨113.9m (up LK₨1.89b from FY 2024). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. New Risk • Apr 24
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Sri Lankan stocks, typically moving 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 25% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.3% average weekly change). Revenue is less than US$5m (LK₨986m revenue, or US$3.3m). Market cap is less than US$100m (LK₨5.01b market cap, or US$16.7m). Reported Earnings • Jan 27
Third quarter 2025 earnings released Third quarter 2025 results: Net income: LK₨4.24m (up LK₨643.7m from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 39% per year, which means it is performing significantly worse than earnings. Reported Earnings • Nov 06
Second quarter 2025 earnings released Second quarter 2025 results: Net income: LK₨188.5m (up LK₨573.8m from 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. Ankündigung • Oct 01
Softlogic Finance PLC, Annual General Meeting, Oct 30, 2024 Softlogic Finance PLC, Annual General Meeting, Oct 30, 2024, at 10:00 Sri Lanka Standard Time. Location: auditorium of central hospital limited(4th floor), no. 114, norris canal road, colombo 10, Sri Lanka Reported Earnings • Aug 16
First quarter 2025 earnings released First quarter 2025 results: Net loss: LK₨150.6m (loss narrowed 72% from 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings. Reported Earnings • Jun 04
Full year 2024 earnings released: LK₨2.88 loss per share (vs LK₨5.66 loss in FY 2023) Full year 2024 results: LK₨2.88 loss per share (improved from LK₨5.66 loss in FY 2023). Net loss: LK₨1.76b (loss narrowed 41% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. New Risk • Mar 29
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 58% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (6.9% average weekly change). Earnings have declined by 59% per year over the past 5 years. Shareholders have been substantially diluted in the past year (58% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (LK₨5.49b market cap, or US$18.3m). Reported Earnings • Feb 16
Third quarter 2024 earnings released: LK₨4.20 loss per share (vs LK₨0.95 loss in 3Q 2023) Third quarter 2024 results: LK₨4.20 loss per share (further deteriorated from LK₨0.95 loss in 3Q 2023). Net loss: LK₨639.4m (loss widened 11% from 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings. Reported Earnings • Nov 16
Second quarter 2024 earnings released Second quarter 2024 results: Net loss: LK₨385.3m (loss widened 9.3% from 2Q 2023). Ankündigung • Nov 09
Softlogic Finance PLC has filed a Follow-on Equity Offering. Softlogic Finance PLC has filed a Follow-on Equity Offering.
Security Name: Ordinary Shares
Security Type: Common Stock
Transaction Features: Rights Offering New Risk • Oct 13
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Sri Lankan stocks, typically moving 7.4% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-LK₨3.4b free cash flow). Share price has been highly volatile over the past 3 months (7.4% average weekly change). Earnings have declined by 63% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Shareholders have been diluted in the past year (24% increase in shares outstanding). Market cap is less than US$100m (LK₨4.33b market cap, or US$13.4m). Ankündigung • Sep 01
Softlogic Finance PLC, Annual General Meeting, Sep 27, 2023 Softlogic Finance PLC, Annual General Meeting, Sep 27, 2023, at 10:00 Sri Lanka Standard Time. Location: No. 13, De Fonseka Place, Colombo 04 Colombo Sri Lanka Agenda: To receive and consider the Annual Report of the Board of Directors and the Financial Statements of the Company for the year ended 31st March 2023 together with the Report of the Auditors thereon; to re-elect .K. Kaimal who retires by rotation in terms of Articles 91 and 92 of the Articles of Association, as a Director of the Company; to elect H.S. Sisira Dabare in terms of Article 97 of the Articles of Association as a Director of the Company; to elect R.J. Perera in terms of Article 97 of the Articles of Association as a Director of the Company; to consider re-appoint Messrs Ernst & Young, as Auditors of the Company for the ensuing year and to authorize the Directors to fix their remuneration; and to authorize the Directors to determine and make donations for the year ending 31st March 2024 and up to the date of the next Annual General Meeting. Ankündigung • Aug 26
Softlogic Finance PLC Announces Resignation of Anura Christopher Manilka Fernando as Non-Executive Independent Director Softlogic Finance PLC announced that Mr. Anura Christopher Manilka Fernando, non-executive Independent Director of the company has resigned from the board with effect from August 13, 2023, since he reached the age of 70 years on August 13, 2023. Reported Earnings • Aug 17
First quarter 2024 earnings released: LK₨3.50 loss per share (vs LK₨0.67 loss in 1Q 2023) First quarter 2024 results: LK₨3.50 loss per share (further deteriorated from LK₨0.67 loss in 1Q 2023). Net loss: LK₨533.1m (loss widened 61% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Reported Earnings • Jun 02
Full year 2023 earnings released: LK₨3.77 loss per share (vs LK₨2.33 loss in FY 2022) Full year 2023 results: LK₨3.77 loss per share (further deteriorated from LK₨2.33 loss in FY 2022). Net loss: LK₨1.99b (loss widened 113% from FY 2022). Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. Reported Earnings • Feb 15
Third quarter 2023 earnings released Third quarter 2023 results: Net loss: LK₨577.0m (down LK₨673.0m from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 20
Second quarter 2023 earnings released Second quarter 2023 results: Net loss: LK₨352.4m (down LK₨374.1m from profit in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 24% per year, which means it is performing significantly worse than earnings. Board Change • Nov 16
High number of new directors Independent Non-Executive Director Pasan Wanigasekara was the last director to join the board, commencing their role in 2022. Reported Earnings • Aug 05
First quarter 2023 earnings released First quarter 2023 results: Net loss: LK₨332.0m (loss widened 130% from 1Q 2022). Reported Earnings • Jul 05
Full year 2022 earnings released: LK₨2.33 loss per share (vs LK₨5.95 loss in FY 2021) Full year 2022 results: LK₨2.33 loss per share. Net loss: LK₨935.7m (loss widened 3.6% from FY 2021). Reported Earnings • Jun 02
Full year 2022 earnings released: LK₨1.48 loss per share (vs LK₨5.95 loss in FY 2021) Full year 2022 results: LK₨1.48 loss per share (up from LK₨5.95 loss in FY 2021). Net loss: LK₨727.0m (loss narrowed 20% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 29% per year, which means it has not declined as severely as earnings. Board Change • Apr 27
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Non Independent Non-Executive Director Aashiq Cader Lafir was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Jan 27
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: LK₨0.20 (up from LK₨0.73 loss in 3Q 2021). Net income: LK₨96.0m (up LK₨292.7m from 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Reported Earnings • Nov 07
Second quarter 2022 earnings released Second quarter 2022 results: Net income: LK₨21.7m (up LK₨296.2m from 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 10
First quarter 2022 earnings released First quarter 2022 results: Net loss: LK₨144.6m (loss narrowed 61% from 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance. Reported Earnings • May 22
Full year 2021 earnings released: LK₨6.01 loss per share (vs LK₨4.29 loss in FY 2020) Full year 2021 results: Net loss: LK₨912.1m (loss widened 173% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Feb 18
New 90-day low: LK₨10.40 The company is down 8.0% from its price of LK₨11.30 on 20 November 2020. The Sri Lankan market is up 26% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Finance industry, which is up 77% over the same period. Reported Earnings • Feb 17
Third quarter 2021 earnings released: LK₨0.73 loss per share (vs LK₨0.14 profit in 3Q 2020) Third quarter 2021 results: Net loss: LK₨196.7m (down LK₨210.7m from profit in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Jan 19
New 90-day high: LK₨12.30 The company is up 11% from its price of LK₨11.10 on 21 October 2020. The Sri Lankan market is up 33% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Finance industry, which is up 58% over the same period. Is New 90 Day High Low • Oct 21
New 90-day low: LK₨11.10 The company is down 15% from its price of LK₨13.00 on 23 July 2020. The Sri Lankan market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Finance industry, which is up 12% over the same period. 