New Risk • Mar 03
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 7.6% 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 Risks Negative equity (-LK₨3.1b). Earnings have declined by 29% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Market cap is less than US$100m (LK₨6.73b market cap, or US$21.7m). Ankündigung • Dec 09
Odel PLC, Annual General Meeting, Jan 12, 2026 Odel PLC, Annual General Meeting, Jan 12, 2026, 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 • Nov 18
Second quarter 2026 earnings released: LK₨1.18 loss per share (vs LK₨3.74 loss in 2Q 2025) Second quarter 2026 results: LK₨1.18 loss per share (improved from LK₨3.74 loss in 2Q 2025). Revenue: LK₨1.63b (up 18% from 2Q 2025). Net loss: LK₨633.1m (loss narrowed 47% from 2Q 2025). Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 13% per year. Reported Earnings • Aug 14
First quarter 2026 earnings released: LK₨1.88 loss per share (vs LK₨3.83 loss in 1Q 2025) First quarter 2026 results: LK₨1.88 loss per share (improved from LK₨3.83 loss in 1Q 2025). Revenue: LK₨1.66b (up 24% from 1Q 2025). Net loss: LK₨1.01b (loss narrowed 2.9% from 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 21% 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 27
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 7.5% 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₨1.3b free cash flow). Share price has been highly volatile over the past 3 months (7.5% average weekly change). Negative equity (-LK₨1.2b). Earnings have declined by 33% per year over the past 5 years. Shareholders have been substantially diluted in the past year (98% increase in shares outstanding). Minor Risk Market cap is less than US$100m (LK₨5.71b market cap, or US$19.3m). Reported Earnings • Feb 15
Third quarter 2025 earnings released: LK₨2.26 loss per share (vs LK₨2.70 loss in 3Q 2024) Third quarter 2025 results: LK₨2.26 loss per share. Revenue: LK₨1.69b (down 21% from 3Q 2024). Net loss: LK₨881.3m (loss widened 20% from 3Q 2024). New Risk • Jan 27
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 7.2% 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 Risks Less than 1 year of cash runway based on free cash flow trend (-LK₨2.4b free cash flow). Negative equity (-LK₨280m). Earnings have declined by 34% per year over the past 5 years. Shareholders have been substantially diluted in the past year (98% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (7.2% average weekly change). Market cap is less than US$100m (LK₨6.78b market cap, or US$22.7m). Ankündigung • Dec 03
Odel PLC, Annual General Meeting, Dec 20, 2024 Odel PLC, Annual General Meeting, Dec 20, 2024. Location: the auditorium of central hospital limited 4th flr, no.114, norris canal road, colombo 10, United States Reported Earnings • Nov 16
Second quarter 2025 earnings released: LK₨3.74 loss per share (vs LK₨3.35 loss in 2Q 2024) Second quarter 2025 results: LK₨3.74 loss per share (further deteriorated from LK₨3.35 loss in 2Q 2024). Revenue: LK₨1.38b (down 25% from 2Q 2024). Net loss: LK₨1.19b (loss widened 30% from 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 39% 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 • Sep 29
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 98% 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 (8.5% average weekly change). Negative equity (-LK₨1.5b). Earnings have declined by 35% per year over the past 5 years. Shareholders have been substantially diluted in the past year (98% increase in shares outstanding). Minor Risk Market cap is less than US$100m (LK₨6.25b market cap, or US$20.9m). New Risk • Sep 21
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: LK₨3.05b (US$9.98m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.3% average weekly change). Negative equity (-LK₨1.5b). Earnings have declined by 35% per year over the past 5 years. Market cap is less than US$10m (LK₨3.05b market cap, or US$9.98m). Reported Earnings • Aug 18
First quarter 2025 earnings released: LK₨3.83 loss per share (vs LK₨2.77 loss in 1Q 2024) First quarter 2025 results: LK₨3.83 loss per share (further deteriorated from LK₨2.77 loss in 1Q 2024). Revenue: LK₨1.34b (down 30% from 1Q 2024). Net loss: LK₨1.04b (loss widened 39% from 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. New Risk • Jul 24
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 5.9% 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₨2.9b free cash flow). Share price has been highly volatile over the past 3 months (5.9% average weekly change). Negative equity (-LK₨462m). Earnings have declined by 38% per year over the past 5 years. Minor Risk Market cap is less than US$100m (LK₨3.51b market cap, or US$11.6m). Board Change • Jul 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. Independent Non Executive Director Joseph Jayanth Perera was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Jun 04
Full year 2024 earnings released: LK₨12.43 loss per share (vs LK₨8.13 loss in FY 2023) Full year 2024 results: LK₨12.43 loss per share (further deteriorated from LK₨8.13 loss in FY 2023). Revenue: LK₨7.30b (down 12% from FY 2023). Net loss: LK₨3.38b (loss widened 53% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. New Risk • Mar 04
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 6.5% 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 Share price has been highly volatile over the past 3 months (6.5% average weekly change). Earnings have declined by 41% per year over the past 5 years. Market cap is less than US$10m (LK₨2.99b market cap, or US$9.73m). Reported Earnings • Feb 10
Third quarter 2024 earnings released: LK₨2.70 loss per share (vs LK₨2.76 loss in 3Q 2023) Third quarter 2024 results: LK₨2.70 loss per share (improved from LK₨2.76 loss in 3Q 2023). Revenue: LK₨2.13b (down 11% from 3Q 2023). Net loss: LK₨735.9m (loss narrowed 2.1% from 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. New Risk • Jan 27
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 5.1% 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 44% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (5.1% average weekly change). Market cap is less than US$100m (LK₨3.59b market cap, or US$11.3m). Ankündigung • Nov 25
Odel PLC Announces Board Appointments Odel PLC announced the appointment of Dr. Ingrid Christine Ruanthi De Silva, Independent Non-Executive Director as Senior Independent Director of the company, effective from November 22, 2023. The appointment of a Senior Independent Director is required as per said rule, due to the chairperson of the company being an executive director. Mr. Ashok Kariyawasam Pathirage, Chairman and Managing Director is the founding member and Chairman/Managing Director of Softlogic Group, one of the Srilanka's leading conglomerates. Mr. Pathirage has a wealth of experience in the business field for more than 30 years . He manages and provides the strategic direction to the Softlogic Group which has a leading market presence in the three core verticals namely retail, healthcare services and financial services and in the three non- core verticals namely IT, leisure & automobiles . Mr. Pathirage entrepreneurial vision and knowledge is imperative for the continued growth of the company and as such he continues to be the Chairman and Executive Director of the company. New Risk • Nov 15
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -LK₨429m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. 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₨429m free cash flow). Earnings have declined by 44% per year over the past 5 years. Minor Risk Market cap is less than US$100m (LK₨3.86b market cap, or US$11.8m). Ankündigung • Oct 26
Odel PLC, Annual General Meeting, Nov 21, 2023 Odel PLC, Annual General Meeting, Nov 21, 2023, at 10:00 Sri Lanka Standard Time. Location: Auditorium of Central Hospital Limited (4th Floor) No.114, Norris Canal Road, Colombo 10 Colombo Sri Lanka Agenda: To receive and consider the Annual Report of the Board of Directors and Financial Statements of the Company for the year ended 31 March 2023 together with the Report of the Auditors thereon; to pass the ordinary resolution to re appoint Mr. J.M.J. Perera who is 70 years of age, as a Director of the Company; to re-appoint Messrs. Ernst & Young as Auditors of the Company for the ensuing year and to authorise the Directors to fix their remuneration; to authorise the Directors to determine and make donations for the year ending 31 March 2024 and up to the date of the next Annual General Meeting; and to consider other matters. Reported Earnings • Aug 16
First quarter 2024 earnings released: LK₨2.77 loss per share (vs LK₨1.09 loss in 1Q 2023) First quarter 2024 results: LK₨2.77 loss per share (further deteriorated from LK₨1.09 loss in 1Q 2023). Revenue: LK₨1.88b (down 14% from 1Q 2023). Net loss: LK₨752.8m (loss widened 154% from 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Reported Earnings • Jun 02
Full year 2023 earnings released: LK₨8.16 loss per share (vs LK₨5.04 loss in FY 2022) Full year 2023 results: LK₨8.16 loss per share (further deteriorated from LK₨5.04 loss in FY 2022). Revenue: LK₨8.25b (up 12% from FY 2022). Net loss: LK₨2.22b (loss widened 62% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Reported Earnings • Feb 14
Third quarter 2023 earnings released: LK₨2.76 loss per share (vs LK₨0.32 profit in 3Q 2022) Third quarter 2023 results: LK₨2.76 loss per share (down from LK₨0.32 profit in 3Q 2022). Revenue: LK₨2.41b (down 15% from 3Q 2022). Net loss: LK₨751.7m (down LK₨838.9m from profit in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Ankündigung • Dec 07
Odel PLC, Annual General Meeting, Dec 29, 2022 Odel PLC, Annual General Meeting, Dec 29, 2022, at 10:00 Sri Lanka Standard Time. Location: Auditorium of Central Hospital Limited (4th Floor), No.114, Norris Canal Road, Colombo 10 Colombo Sri Lanka Agenda: To receive and consider the Annual Report of the Board of Directors and the Financial Statements of the Company and of the Group for the year ended 31st March, 2022 together with the Report of the Auditors thereon; to re-appoint Messrs. Ernst & Young, as Auditors and to authorise the Directors to determine their remuneration; to authorise the Directors to determine and make Donations for the year ending 31st March 2023 and up to the date of the next Annual General Meeting. Reported Earnings • Aug 19
Third quarter 2022 earnings released: EPS: LK₨0.32 (vs LK₨1.35 loss in 3Q 2021) Third quarter 2022 results: EPS: LK₨0.32 (up from LK₨1.35 loss in 3Q 2021). Revenue: LK₨2.82b (up 119% from 3Q 2021). Net income: LK₨87.3m (up LK₨454.8m from 3Q 2021). Profit margin: 3.1% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance. Reported Earnings • Feb 09
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: LK₨0.32 (up from LK₨1.35 loss in 3Q 2021). Revenue: LK₨2.82b (up 119% from 3Q 2021). Net income: LK₨87.3m (up LK₨454.8m from 3Q 2021). Profit margin: 3.1% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 12
Second quarter 2022 earnings released: LK₨1.47 loss per share (vs LK₨1.09 loss in 2Q 2021) The company reported a poor second quarter result with increased losses, weaker revenues and weaker control over costs. Second quarter 2022 results: Revenue: LK₨1.16b (down 32% from 2Q 2021). Net loss: LK₨399.9m (loss widened 35% from 2Q 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 • Aug 18
First quarter 2022 earnings released: LK₨1.45 loss per share (vs LK₨2.49 loss in 1Q 2021) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2022 results: Revenue: LK₨1.03b (up 68% from 1Q 2021). Net loss: LK₨395.7m (loss narrowed 42% from 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 93 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Feb 02
New 90-day low: LK₨18.60 The company is down 5.0% from its price of LK₨19.50 on 04 November 2020. The Sri Lankan market is up 49% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Specialty Retail industry, which is up 34% over the same period. Is New 90 Day High Low • Jan 11
New 90-day high: LK₨22.60 The company is up 9.0% from its price of LK₨20.70 on 13 October 2020. The Sri Lankan market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Specialty Retail industry, which is up 26% over the same period. Ankündigung • Jan 02
Odel PLC, Annual General Meeting, Jan 15, 2021 Odel PLC, Annual General Meeting, Jan 15, 2021, at 10:00 Sri Lanka Standard Time. Location: Central Hospital Limited (4th floor), No.114, Norris Canal Road, Colombo Sri Lanka Is New 90 Day High Low • Dec 09
New 90-day high: LK₨21.90 The company is up 5.0% from its price of LK₨20.80 on 10 September 2020. The Sri Lankan market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Specialty Retail industry, which is up 31% over the same period. Reported Earnings • Nov 14
Second quarter 2021 earnings released: LK₨1.09 loss per share The company reported a poor second quarter result with increased losses and weaker revenues and control over expenses. Second quarter 2021 results: Revenue: LK₨1.72b (down 5.1% from 2Q 2020). Net loss: LK₨296.3m (loss widened 53% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 128% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Oct 22
New 90-day low: LK₨19.00 The company is down 1.0% from its price of LK₨19.10 on 24 July 2020. The Sri Lankan market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Specialty Retail industry, which is up 8.0% over the same period. Reported Earnings • Sep 26
First quarter earnings released Over the last 12 months the company has reported total losses of LK₨1.46b, with earnings decreasing by LK₨1.47b from the prior year. Total revenue was LK₨6.43b over the last 12 months, down 22% from the prior year. 
