New Risk • May 19
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. 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 Earnings have declined by 64% per year over the past 5 years. Shareholders have been substantially diluted in the past year (50% increase in shares outstanding). Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Share price has been volatile over the past 3 months (9.8% average weekly change). Market cap is less than US$100m (RM136.7m market cap, or US$34.4m). New Risk • Feb 06
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 Malaysian stocks, typically moving 11% 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 (11% average weekly change). Earnings have declined by 64% per year over the past 5 years. Shareholders have been substantially diluted in the past year (50% increase in shares outstanding). Minor Risk Market cap is less than US$100m (RM152.8m market cap, or US$38.7m). Annonce • Dec 31
An undisclosed buyer acquired 3.66% stake in Omesti Berhad (KLSE:OMESTI) from Microlink Solutions Berhad (KLSE:MICROLN) for MYR 8.5 million. An undisclosed buyer acquired 3.66% stake in Omesti Berhad (KLSE:OMESTI) from Microlink Solutions Berhad (KLSE:MICROLN) for MYR 8.5 million on December 29, 2025. The consideration will be paid in cash. The transaction is not subject to the approval of the shareholders of Microlink Solutions Berhador from any other regulatory authorities. The proceeds from the transaction will be utilized for working capital of Microlink Solutions Berhad.
An undisclosed buyer completed the acquisition of 3.66% stake in Omesti Berhad (KLSE:OMESTI) from Microlink Solutions Berhad (KLSE:MICROLN) on December 29, 2025. New Risk • Nov 14
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 Malaysian stocks, typically moving 7.7% 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 Earnings have declined by 64% per year over the past 5 years. Shareholders have been substantially diluted in the past year (50% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Market cap is less than US$100m (RM136.7m market cap, or US$33.1m). Reported Earnings • Nov 02
Full year 2025 earnings released: RM0.069 loss per share (vs RM0.033 loss in FY 2024) Full year 2025 results: RM0.069 loss per share (further deteriorated from RM0.033 loss in FY 2024). Revenue: RM330.5m (up 16% from FY 2024). Net loss: RM74.2m (loss widened 112% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance. Annonce • Oct 29
Microlink Solutions Berhad, Annual General Meeting, Dec 02, 2025 Microlink Solutions Berhad, Annual General Meeting, Dec 02, 2025, at 10:00 Singapore Standard Time. Location: dewan perdana, 1st floor, sport complex, bukit kiara equestrian & country resort, jalan bukit kiara, off jalan damansara, 60000 kuala lumpur, Malaysia Reported Earnings • Aug 31
Full year 2025 earnings released: RM0.071 loss per share (vs RM0.033 loss in FY 2024) Full year 2025 results: RM0.071 loss per share (further deteriorated from RM0.033 loss in FY 2024). Revenue: RM330.4m (up 16% from FY 2024). Net loss: RM76.6m (loss widened 119% from FY 2024). 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. New Risk • Jul 29
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 50% 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 (13% average weekly change). Earnings have declined by 61% per year over the past 5 years. Shareholders have been substantially diluted in the past year (50% increase in shares outstanding). Minor Risk Market cap is less than US$100m (RM217.2m market cap, or US$51.2m). Reported Earnings • Jun 03
Full year 2025 earnings released: RM0.086 loss per share (vs RM0.025 loss in FY 2024) Full year 2025 results: RM0.086 loss per share (further deteriorated from RM0.025 loss in FY 2024). Revenue: RM361.2m (up 28% from FY 2024). Net loss: RM92.2m (loss widened 243% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance. New Risk • May 16
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 Malaysian stocks, typically moving 13% 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 (13% average weekly change). Earnings have declined by 54% per year over the past 5 years. Minor Risk Market cap is less than US$100m (RM230.6m market cap, or US$53.7m). Reported Earnings • Mar 02
Third quarter 2025 earnings released: EPS: RM0.001 (vs RM0.003 loss in 3Q 2024) Third quarter 2025 results: EPS: RM0.001 (up from RM0.003 loss in 3Q 2024). Revenue: RM109.6m (up 57% from 3Q 2024). Net income: RM1.42m (up RM4.78m from 3Q 2024). Profit margin: 1.3% (up from net loss in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 28
Second quarter 2025 earnings released: RM0.079 loss per share (vs RM0 in 2Q 2024) Second quarter 2025 results: RM0.079 loss per share (further deteriorated from RM0 in 2Q 2024). Revenue: RM112.8m (up 46% from 2Q 2024). Net loss: RM85.1m (down RM85.2m from profit in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance. Annonce • Oct 21
Microlink Solutions Berhad Announces Resignation of Dato' Sri Chee Hong Leong as Non Independent and Non Executive Director Microlink Solutions Berhad announced the resignation of Dato' Sri Chee Hong Leong as Non Independent and Non Executive Director, Due to other business commitments. Age is 60. Date of change is 21 October 2024. New Risk • Aug 30
New major risk - Revenue and earnings growth Earnings have declined by 13% per year over the past 5 years. 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 profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings 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 Risk Earnings have declined by 13% per year over the past 5 years. Minor Risk Market cap is less than US$100m (RM252.0m market cap, or US$58.4m). Reported Earnings • Aug 02
Full year 2024 earnings released: RM0.025 loss per share (vs RM0.024 profit in FY 2023) Full year 2024 results: RM0.025 loss per share (down from RM0.024 profit in FY 2023). Revenue: RM281.3m (up 13% from FY 2023). Net loss: RM26.8m (down 204% from profit in FY 2023). Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 25% per year, which means it has not declined as severely as earnings. Annonce • Jul 30
Microlink Solutions Berhad, Annual General Meeting, Sep 04, 2024 Microlink Solutions Berhad, Annual General Meeting, Sep 04, 2024, at 10:30 Singapore Standard Time. Location: redwood meeting room, ho hup tower - aurora place, 2-09-01 - level 9, plaza bukit jalil, no. 1, persiaran jalil 1 bandar bukit jalil, 57000 kuala lumpur Malaysia New Risk • Jun 19
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 0% The company is paying a dividend despite having no free cash flows. Dividend yield: 1.7% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 0% Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (9.5% average weekly change). Market cap is less than US$100m (RM327.1m market cap, or US$69.4m). Annonce • Jun 13
Microlink Solutions Berhad Announces the Resignation of Mr. Monteiro Gerard Clair as Executive Director Microlink Solutions Berhad announced the resignation of Mr. Monteiro Gerard Clair, aged 52 as Executive Director of the company with effect from June 10, 2024. Reason: Focus on his other business commitment. Reported Earnings • May 29
Full year 2024 earnings released: RM0.023 loss per share (vs RM0.024 profit in FY 2023) Full year 2024 results: RM0.023 loss per share (down from RM0.024 profit in FY 2023). Revenue: RM281.5m (up 13% from FY 2023). Net loss: RM24.7m (down 195% from profit in FY 2023). Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings. Annonce • Apr 05
Microlink Solutions Berhad Appoints Danny Hoe Kam Thong as Non Independent and Non Executive Member of Nomination and Remuneration Committee Microlink Solutions Berhad announced appointment of Mr. Danny Hoe Kam Thong as Non Independent and Non Executive Member of Nomination and Remuneration Committee. Date of change is April 5, 2024. Age is 56. Composition of Nominating, Remuneration and Long-Term Incentive Plan Committee: Mr. Martin Chu Leong Meng (Chairman); Mr. Narayanasamy A/L N Chithambaram (Member) and Mr. Danny Hoe Kam Thong (Member). Board Change • Apr 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent & Non Executive Director Nara Chithambaram was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Annonce • Mar 15
Microlink Solutions Berhad Appoints Wong Kwang Chwen as Executive Director Microlink Solutions Berhad announced appointment of Mr. Wong Kwang Chwen as Executive Director, effective March 15, 2024. Age: 48. Working experience and occupation: Mr. Kwang Chwen previously held the position of Group Chief Operating Officer at Microlink Solutions Berhad and his responsibilities include optimising the cost of delivery, resources, quality of service, and compliance to ensure a healthy P&L. In addition to this, he is responsible for defining career paths for program management, quality assurance, solution architecture, and development. As part of the overall Microlink business expansion plan, Kwang Chwen also oversees the strategic execution of a new range of products and solutions, as well as building an extensive partner channel. Kwang Chwen was previously Group Chief Commercial Officer before appointed as Group COO with the core focus of not only in growing the business top and bottom line, but driving digital transformation across the Microlink range of products, especially in the core banking and fintech arena. Prior to joining Microlink, Kwang Chwen was Country Manager for Avanade Malaysia, before pioneering Fusionex as Senior Vice President to become a regionally recognised Big Data Analytics player. After leaving Fusionex, Kwang Chwen led the transformation journey at IFCA MSC Berhad, joining as Executive Vice President and serving as Chief Executive Officer for one of its business divisions. Qualifications: BSc (Second Upper) Computer Science and Technology from National University of Malaysia. New Risk • Mar 12
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: RM396.8m (US$84.8m) This is considered a minor 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 Risk Share price has been highly volatile over the past 3 months (14% average weekly change). Minor Risks Profit margins are more than 30% lower than last year (1.8% net profit margin). Market cap is less than US$100m (RM396.8m market cap, or US$84.8m). New Risk • Mar 11
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 Malaysian stocks, typically moving 11% 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 (11% average weekly change). Profit margins are more than 30% lower than last year (1.8% net profit margin). Reported Earnings • Mar 02
Third quarter 2024 earnings released: RM0.003 loss per share (vs RM0.007 profit in 3Q 2023) Third quarter 2024 results: RM0.003 loss per share (down from RM0.007 profit in 3Q 2023). Revenue: RM69.6m (down 4.9% from 3Q 2023). Net loss: RM3.37m (down 145% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Annonce • Feb 06
Microlink Solutions Berhad Appoints Puan Noor Zaliza Yati Binti Yahya as Independent and Non Executive Member of Audit Committee Microlink Solutions Berhad appointed Puan Noor Zaliza Yati Binti Yahya as Independent and Non Executive Member of Audit Committee, age is 45, gender is female, nationality is Malaysia. Date of change is 06 February 2024. Composition of Audit Committee (Name and Directorate of members after change): Composition of Audit and Risk Management Committee: Tai Keat Chai (Chairman, Independent Non-Executive Director); Martin Chu Leong Meng (Member, Independent Non-Executive Director); Noor Zaliza Yati binti Yahya (Member, Independent Non-Executive Director). Annonce • Jan 12
Microlink Solutions Berhad Announces Resignation of Tan Sri Jaganath Derek Steven Sabapathy as Non Independent and Non Executive Deputy Chairman Microlink Solutions Berhad announced resignation of Tan Sri Jaganath Derek Steven Sabapathy, age 66, as Non Independent and Non Executive Deputy Chairman. Date of change is 12 January 2024. Reason: Due to his other personal commitments. Reported Earnings • Nov 28
Second quarter 2024 earnings released: EPS: RM0 (vs RM0.007 in 2Q 2023) Second quarter 2024 results: EPS: RM0 (down from RM0.007 in 2Q 2023). Revenue: RM77.5m (up 38% from 2Q 2023). Net income: RM126.0k (down 98% from 2Q 2023). Profit margin: 0.2% (down from 13% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 27% per year, which means it is well ahead of earnings. Reported Earnings • Jul 30
Full year 2023 earnings released: EPS: RM0.024 (vs RM0.037 in FY 2022) Full year 2023 results: EPS: RM0.024. Revenue: RM248.4m (up 14% from FY 2022). Net income: RM25.9m (up 1.5% from FY 2022). Profit margin: 10% (down from 12% in FY 2022). The decrease in margin was driven by higher expenses. Annonce • Jul 29
Microlink Solutions Berhad, Annual General Meeting, Sep 04, 2023 Microlink Solutions Berhad, Annual General Meeting, Sep 04, 2023, at 10:30 Singapore Standard Time. Location: Redwood Meeting Room, Ho Hup Tower Aurora Place 2-09-01 Level 9, Plaza Bukit Jalil, No. 1, Persiaran Jalil 1, Bandar Bukit Jalil Kuala Lumpur Malaysia Agenda: To receive the audited financial statements for the financial year ended 31 March 2023 together with the Reports of the Directors and Auditors thereon; to approve the payment of Directors' fees and benefits to Non-Executive Directors of up to an amount of MYR 923,560 for the period from 5 September 2023 until the conclusion of the next Annual General Meeting (AGM) of the company; to re-election of directors; to re-appoint BDO PLT as Auditors of the company for the ensuing year and to authorise the Directors to fix their remuneration; to continuation in Office of Tai Keat Chai as Independent Non-Executive Director; and to consider other matter. Reported Earnings • May 30
Full year 2023 earnings released: EPS: RM0.025 (vs RM0.037 in FY 2022) Full year 2023 results: EPS: RM0.025. Revenue: RM248.3m (up 14% from FY 2022). Net income: RM26.3m (up 3.4% from FY 2022). Profit margin: 11% (down from 12% in FY 2022). The decrease in margin was driven by higher expenses. Reported Earnings • Feb 22
Third quarter 2023 earnings released: EPS: RM0.007 (vs RM0.008 in 3Q 2022) Third quarter 2023 results: EPS: RM0.007. Revenue: RM73.2m (up 20% from 3Q 2022). Net income: RM7.51m (up 1.9% from 3Q 2022). Profit margin: 10% (down from 12% in 3Q 2022). The decrease in margin was driven by higher expenses. Board Change • Jan 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Non-Executive Director Noor Zaliza Binti Yahya was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Dec 03
Second quarter 2023 earnings released: EPS: RM0.007 (vs RM0.007 in 2Q 2022) Second quarter 2023 results: EPS: RM0.007 (in line with 2Q 2022). Revenue: RM56.0m (down 11% from 2Q 2022). Net income: RM7.34m (up 3.1% from 2Q 2022). Profit margin: 13% (up from 11% in 2Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has increased by 83% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Aug 24
Microlink Solutions Berhad Declares Single-Tier Interim Dividend for the Financial Year Ending 31 March 2023, Payable on 30 September 2022 Microlink Solutions Berhad declared a single-tier interim dividend of RM0.005 per ordinary share amounting to MYR 5.34 million payable for the financial year ending 31 March 2023. The proposed dividend is payable on 30 September 2022 to shareholders whose names appear in the Record of Depositors at the close of business on 9 September 2022. Ex-Date is September 8, 2022. Board Change • Aug 02
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent & Non-Executive Director Mai Wan was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Annonce • Jul 30
Microlink Solutions Berhad, Annual General Meeting, Sep 02, 2022 Microlink Solutions Berhad, Annual General Meeting, Sep 02, 2022, at 10:30 China Standard Time. Location: Redwood Meeting Room, Ho Hup Tower Aurora Place 2-09-01 Level 9, Plaza Bukit Jalil,No. 1, Persiaran Jalil 1, Bandar Bukit Jalil Kuala Lumpur Malaysia Agenda: To consider the proposed renewal of existing shareholders' mandate for recurrent related party transactions of a revenue or trading nature. Reported Earnings • Jul 07
Full year 2022 earnings released: EPS: RM0.026 (vs RM0.04 in FY 2021) Full year 2022 results: EPS: RM0.026 (down from RM0.04 in FY 2021). Revenue: RM217.9m (up 22% from FY 2021). Net income: RM26.0m (down 18% from FY 2021). Profit margin: 12% (down from 18% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has increased by 72% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • May 28
Full year 2022 earnings released: EPS: RM0.10 (vs RM0.04 in FY 2021) Full year 2022 results: EPS: RM0.10. Revenue: RM217.9m (up 22% from FY 2021). Net income: RM26.0m (down 18% from FY 2021). Profit margin: 12% (down from 18% in FY 2021). The decrease in margin was driven by higher expenses. Annonce • Mar 03
Microlink Solutions Berhad Announces Appointment of Datuk Seri Mazlan Bin Lazim as Independent Director Microlink Solutions Berhad announced the appointment of DATUK SERI MAZLAN BIN LAZIM as Independent Director. Reported Earnings • Feb 24
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: RM0.03 (up from RM0.007 in 3Q 2021). Revenue: RM61.0m (up 36% from 3Q 2021). Net income: RM7.38m (up 47% from 3Q 2021). Profit margin: 12% (up from 11% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 101% per year but the company’s share price has only increased by 79% per year, which means it is significantly lagging earnings growth.