Reported Earnings • Apr 02
Full year 2025 earnings released: EPS: RM0.001 (vs RM0.004 loss in FY 2024) Full year 2025 results: EPS: RM0.001 (up from RM0.004 loss in FY 2024). Revenue: RM56.3m (up 19% from FY 2024). Net income: RM3.45m (up RM27.4m from FY 2024). Profit margin: 6.1% (up from net loss in FY 2024). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Reported Earnings • Oct 01
Full year 2025 earnings released: EPS: RM0.001 (vs RM0.004 loss in FY 2024) Full year 2025 results: EPS: RM0.001 (up from RM0.004 loss in FY 2024). Revenue: RM56.1m (up 19% from FY 2024). Net income: RM5.40m (up RM29.4m from FY 2024). Profit margin: 9.6% (up from net loss in FY 2024). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 21% per year, which means it is performing significantly worse than earnings. New Risk • Jul 31
New major risk - Revenue and earnings growth Revenue has declined by 31% over the past year. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (74% average weekly change). Revenue has declined by 31% over the past year. Market cap is less than US$10m (RM32.3m market cap, or US$7.58m). Minor Risk Latest financial reports are more than 6 months old (reported July 2024 fiscal period end). New Risk • Jun 17
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended July 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (80% average weekly change). Market cap is less than US$10m (RM32.3m market cap, or US$7.61m). Minor Risk Latest financial reports are more than 6 months old (reported July 2024 fiscal period end). Annonce • Apr 07
EA Holdings Berhad, Annual General Meeting, Apr 30, 2025 EA Holdings Berhad, Annual General Meeting, Apr 30, 2025, at 10:00 Singapore Standard Time. Location: eugenia ballroom, ground floor, palm garden golf club, ioi resort city, 62502, putrajaya Malaysia Reported Earnings • Nov 30
Full year 2024 earnings released: RM0.004 loss per share (vs RM0.004 loss in FY 2023) Full year 2024 results: RM0.004 loss per share (in line with FY 2023). Revenue: RM47.2m (down 32% from FY 2023). Net loss: RM24.0m (loss narrowed 9.7% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 41% per year whereas the company’s share price has fallen by 37% per year. Buy Or Sell Opportunity • May 06
Now 60% undervalued after recent price drop Over the last 90 days, the stock has fallen 50% to RM0.005. The fair value is estimated to be RM0.012, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.9% over the last year. Meanwhile, the company became loss making. Buy Or Sell Opportunity • Mar 15
Now 59% undervalued The stock has been flat over the last 90 days, currently trading at RM0.005. The fair value is estimated to be RM0.012, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.9% over the last year. Meanwhile, the company became loss making. Reported Earnings • Mar 04
Third quarter 2024 earnings released: EPS: RM0 (vs RM0 in 3Q 2023) Third quarter 2024 results: EPS: RM0 (in line with 3Q 2023). Revenue: RM9.70m (down 35% from 3Q 2023). Net loss: RM71.0k (down 110% from profit in 3Q 2023). Buy Or Sell Opportunity • Feb 27
Now 57% undervalued The stock has been flat over the last 90 days, currently trading at RM0.005. The fair value is estimated to be RM0.012, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Meanwhile, the company became loss making. Buy Or Sell Opportunity • Feb 08
Now 59% undervalued after recent price drop Over the last 90 days, the stock has fallen 50% to RM0.005. The fair value is estimated to be RM0.012, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Meanwhile, the company became loss making. Buy Or Sell Opportunity • Jan 23
Now 56% undervalued after recent price drop Over the last 90 days, the stock has fallen 50% to RM0.005. The fair value is estimated to be RM0.011, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Meanwhile, the company became loss making. Buying Opportunity • Jan 18
Now 57% undervalued after recent price drop Over the last 90 days, the stock is down 50%. The fair value is estimated to be RM0.012, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Meanwhile, the company became loss making. Buying Opportunity • Dec 27
Now 59% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be RM0.012, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Meanwhile, the company became loss making. Buying Opportunity • Dec 07
Now 59% undervalued after recent price drop Over the last 90 days, the stock is down 50%. The fair value is estimated to be RM0.012, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Dec 01
Second quarter 2024 earnings released: RM0.002 loss per share (vs RM0 in 2Q 2023) Second quarter 2024 results: RM0.002 loss per share (further deteriorated from RM0 in 2Q 2023). Revenue: RM10.9m (down 27% from 2Q 2023). Net loss: RM13.3m (down RM13.9m from profit in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 31% per year, which means it is significantly lagging earnings. Annonce • Nov 29
EA Holdings Berhad, Annual General Meeting, Dec 28, 2023 EA Holdings Berhad, Annual General Meeting, Dec 28, 2023, at 11:00 Singapore Standard Time. Agenda: To receive the Audited Financial Statements for the financial period ended 31 March 2023 and the Reports of Directors and Auditors thereon; to approve the payment of Directors' fees amounting to MYR 196,380 from 1 October 2021 to 31 March 2023; to approve the payment of Directors' fees amounting to MYR 155,920 for the financial year ending 31 March 2024; to re-elect the Director, Ms. Wong Wan Rou who retires in accordance with Article 123 of the Company's Constitution; to re-elect the Director, En. Mohammad Sobri bin Saad, who retires in accordance with Article 126 of the Company's Constitution; to re-appoint Messrs. Moore Stephens Associates PLT as auditors of the Company and to authorize the Directors to fix their remuneration; and to consider other matters. Buying Opportunity • Nov 14
Now 58% undervalued after recent price drop Over the last 90 days, the stock is down 50%. The fair value is estimated to be RM0.012, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Earnings per share has grown by 51%. Buying Opportunity • Oct 26
Now 59% undervalued after recent price drop Over the last 90 days, the stock is down 50%. The fair value is estimated to be RM0.012, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Earnings per share has grown by 51%. Buying Opportunity • Oct 10
Now 59% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be RM0.012, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Earnings per share has grown by 51%. Buying Opportunity • Sep 25
Now 58% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be RM0.012, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Earnings per share has grown by 51%. Buying Opportunity • Sep 06
Now 59% undervalued after recent price drop Over the last 90 days, the stock is down 50%. The fair value is estimated to be RM0.012, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Earnings per share has grown by 51%. Reported Earnings • Aug 01
Full year 2023 earnings released: RM0.002 loss per share (vs RM0.002 loss in FY 2022) Full year 2023 results: RM0.002 loss per share (in line with FY 2022). Revenue: RM58.5m (up 27% from FY 2022). Net loss: RM11.5m (loss narrowed 13% from FY 2022). Over the last 3 years on average, earnings per share has increased by 101% per year but the company’s share price has fallen by 31% per year, which means it is significantly lagging earnings. Annonce • Jul 29
EA Holdings Berhad, Annual General Meeting, Sep 27, 2023 EA Holdings Berhad, Annual General Meeting, Sep 27, 2023, at 11:00 Singapore Standard Time. Agenda: To consider the Audited Financial Statements for the financial period ended 31 March 2023 and the Reports of Directors and Auditors thereon; to approve the payment of Directors fees amounting to RM196,380 from 1 October 2021 to 31 March 2023.To approve the payment of Directors fees amounting to RM 155,920 for the financial year ending 31 March 2024; to re-elect the Director, Ms. Wong Wan Rou who retires in accordance with Article 123 of the Company's Constitution; to re-elect the Director, En. Mohammad Sobri bin Saad, who retires in accordance with Article 126 of the Company's Constitution; and to consider any other matters. New Risk • Jun 24
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: RM32.3m (US$6.90m) 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 (47% average weekly change). Market cap is less than US$10m (RM32.3m market cap, or US$6.90m). Annonce • Jun 10
EA Holdings Berhad Appoints WONG WAN ROU as Executive Director EA Holdings Berhad announced the Appointment of Miss WONG WAN ROU, age 34 as Executive Director. Date of change is on June 09, 2023. Qualifications: Degree: Accountancy in University Putra Malaysia; Professional Qualification: Certified Practicing Accountant (CPA) in Australia; Professional Qualification: Malaysia Institute of Accountants (MIA) in Malaysia. Working experience and occupation: Ms. Wong Wan Rou has more than 10 years of professional and commercial experience in various industries which includes audit, telecommunications and IT industries, retail & trading, property investment and property development. After obtaining her degree in accountancy in 2012, she joined Crowe Malaysia PLT as an audit assistant. During her tenure in the audit firm, she was involved in the auditing process of clients in various industries. She subsequently joined Knusford Berhad, a company listed on the Bursa Malaysia for a short period of time as an accountant before joining the Asian International Arbitration Centre (AIAC), a not-for-profit organization, as its Deputy Head of Finance in 2018. She left AIAC to join EA Holdings Berhad in 2019. Reported Earnings • Jun 01
Second quarter 2023 earnings released: RM0.003 loss per share (vs RM0 in 2Q 2022) Second quarter 2023 results: RM0.003 loss per share (further deteriorated from RM0 in 2Q 2022). Revenue: RM20.9m (up 55% from 2Q 2022). Net loss: RM21.0m (down RM21.4m from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 03
First quarter 2023 earnings released: EPS: RM0 (vs RM0 in 1Q 2022) First quarter 2023 results: EPS: RM0 (in line with 1Q 2022). Revenue: RM15.0m (up 37% from 1Q 2022). Net income: RM685.0k (down 57% from 1Q 2022). Profit margin: 4.6% (down from 15% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Board Change • Dec 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 Seng Choo was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 31
Third quarter 2022 earnings released: EPS: RM0 (vs RM0.003 loss in 3Q 2021) Third quarter 2022 results: EPS: RM0 (up from RM0.003 loss in 3Q 2021). Revenue: RM11.4m (up 13% from 3Q 2021). Net income: RM294.0k (up RM17.5m from 3Q 2021). Profit margin: 2.6% (up from net loss in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Reported Earnings • Jun 02
Second quarter 2022 earnings released: EPS: RM0 (vs RM0.01 loss in 2Q 2021) Second quarter 2022 results: EPS: RM0 (up from RM0.01 loss in 2Q 2021). Revenue: RM13.5m (up 17% from 2Q 2021). Net income: RM347.0k (up RM49.6m from 2Q 2021). Profit margin: 2.6% (up from net loss in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 02
First quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat First quarter 2022 results: EPS: RM0 (up from RM0.01 loss in 1Q 2021). Revenue: RM10.9m (down 4.7% from 1Q 2021). Net income: RM1.61m (up RM50.8m from 1Q 2021). Profit margin: 15% (up from net loss in 1Q 2021). Revenue exceeded analyst estimates by 3.1%. Earnings per share (EPS) were in line with analyst estimates. 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 13% per year, which means it is significantly lagging earnings. Annonce • Jan 30
EA Holdings Berhad, Annual General Meeting, Mar 22, 2022 EA Holdings Berhad, Annual General Meeting, Mar 22, 2022, at 11:00 Singapore Standard Time. Agenda: To consider the audited financial statements for the financial year ended 30 September 2021 and the reports of Directors and Auditors thereon; to consider the payment of Directors' fees amounting to MYR 130,920 from 1 October 2020 to 30 September 2021; to re-elect the Director, En. Basir Bin Bachik who retires in accordance with Article 126 of the rompany's Constitution; to re-appoint Messrs. Moore Stephens Associates PLT as auditors of the company and to authorize the Directors to fix their remuneration; to re-elect the Director, En. Abdul Fattah Bin Mohamed Yatim, who retires in accordance with Article 126 of the company's Constitution; and to consider any other matters. Annonce • Dec 14
EA Holdings Berhad (KLSE:EAH) entered a conditional sale and purchase agreement to acquire remaining 10% stake in Sunland Volonte Agency Sdn. Bhd. from Law Kum Wah for MYR 5 million. EA Holdings Berhad (KLSE:EAH) entered a conditional sale and purchase agreement to acquire remaining 10% stake in Sunland Volonte Agency Sdn. Bhd. from Law Kum Wah for MYR 5 million on December 13, 2021. The Purchase Consideration shall be satisfied via the issuance of 279.3296 million Shares at the issue price of MYR 0.0179 per Share. Law Kum Wah shareholding in EA Holdings will increase from nil to 4.33%. The Proposed Shares Issuance is subject to the approval from Bursa Securities for the listing of and quotation for the Consideration Shares on the ACE Market of Bursa Securities. The Consideration will be satisfied via the issuance of 279.3296 million Shares pursuant to the Proposed Share Issuance. For the year ending on September 30, 2021, Sunland reported revenue of MYR 21.991948 million and profit after tax of MYR 4.236589 million. The transaction is subject to EA obtaining the approval of Bursa Securities for the listing of and quotation for the Consideration Shares on the ACE Market of Bursa Securities, approvals, consents authorizations, permits or waivers of any other relevant governmental or regulatory body and any other third parties necessary or appropriate to carry out the sale and purchase of the Sale Shares pursuant to the terms of the SPA having been obtained and approval from board of Sunland. The transaction is expected to close in the first quarter of 2022. TA Securities Holdings Berhad acted as financial advisor to EA Holdings. Reported Earnings • Dec 01
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: RM0.003 loss per share (up from RM0.007 loss in FY 2020). Revenue: RM45.1m (up 33% from FY 2020). Net loss: RM14.6m (loss narrowed 59% from FY 2020). Revenue exceeded analyst estimates by 3.1%. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Reported Earnings • Feb 03
Full year 2020 earnings released: RM0.007 loss per share (vs RM0.009 loss in FY 2019) The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: RM33.9m (up 49% from FY 2019). Net loss: RM35.9m (loss narrowed 25% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 72% 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. Annonce • Jan 30
EA Holdings Berhad, Annual General Meeting, Mar 17, 2021 EA Holdings Berhad, Annual General Meeting, Mar 17, 2021, at 11:00 Singapore Standard Time. Location: Unit 25-5, Level 25, Oval Damansara, 685, Jalan Damansara Kuala Lumpur Malaysia Agenda: To receive the Audited Financial Statements for the financial period ended 30 September 2020 and the Reports of Directors and Auditors thereon; to approve the payment of Directors' fees amounting to MYR 179,190 from 1 April 2019 to 30 September 2020; to re-elect directors; and to consider any other matters.