New Risk • Aug 05
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: RM39.3m (US$9.59m) 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 Interest payments are not well covered by earnings (1.3x net interest cover). Share price has been highly volatile over the past 3 months (21% average weekly change). Market cap is less than US$10m (RM39.3m market cap, or US$9.59m). Reported Earnings • May 26
First quarter 2026 earnings released: RM0.009 loss per share (vs RM0.013 loss in 1Q 2025) First quarter 2026 results: RM0.009 loss per share (improved from RM0.013 loss in 1Q 2025). Revenue: RM32.1m (up 44% from 1Q 2025). Net loss: RM3.45m (loss narrowed 30% from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings. Annuncio • Apr 23
Ecoscience International Berhad, Annual General Meeting, May 25, 2026 Ecoscience International Berhad, Annual General Meeting, May 25, 2026, at 14:30 Singapore Standard Time. Location: pendeta 123, palm resort golf & country club, jalan persiaran, off jalan jumbo, 81250 senai, johor, Malaysia Reported Earnings • Mar 02
Full year 2025 earnings released: EPS: RM0.004 (vs RM0.072 loss in FY 2024) Full year 2025 results: EPS: RM0.004 (up from RM0.072 loss in FY 2024). Revenue: RM134.4m (down 6.9% from FY 2024). Net income: RM1.42m (up RM28.5m from FY 2024). Profit margin: 1.1% (up from net loss in FY 2024). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 29% per year, which means it is performing significantly worse than earnings. Reported Earnings • Nov 23
Third quarter 2025 earnings released: EPS: RM0.014 (vs RM0.044 loss in 3Q 2024) Third quarter 2025 results: EPS: RM0.014 (up from RM0.044 loss in 3Q 2024). Revenue: RM33.3m (up 20% from 3Q 2024). Net income: RM5.35m (up RM21.9m from 3Q 2024). Profit margin: 16% (up from net loss in 3Q 2024). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has fallen by 32% per year, which means it is performing significantly worse than earnings. Annuncio • Nov 22
Ecoscience International Berhad Reports Property, Plant and Equipment Written Off for the Third Quarter Ended September 30, 2025 Ecoscience International Berhad reported property, plant and equipment written off for the third quarter ended September 30, 2025. For the quarter, the company reported property, plant and equipment written off of MYR 208,000. New Risk • Oct 24
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: RM41.1m (US$9.74m) 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 Less than 1 year of cash runway based on free cash flow trend (-RM23m free cash flow). Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 55% per year over the past 5 years. Market cap is less than US$10m (RM41.1m market cap, or US$9.74m). Reported Earnings • Aug 23
Second quarter 2025 earnings released: RM0.004 loss per share (vs RM0.006 loss in 2Q 2024) Second quarter 2025 results: RM0.004 loss per share (improved from RM0.006 loss in 2Q 2024). Revenue: RM34.5m (up 18% from 2Q 2024). Net loss: RM1.38m (loss narrowed 41% from 2Q 2024). Reported Earnings • Jun 02
First quarter 2025 earnings released: RM0.013 loss per share (vs RM0.009 loss in 1Q 2024) First quarter 2025 results: RM0.013 loss per share (further deteriorated from RM0.009 loss in 1Q 2024). Revenue: RM22.4m (down 51% from 1Q 2024). Net loss: RM4.94m (loss widened 52% from 1Q 2024). Annuncio • May 30
Ecoscience International Berhad Announces the Cessation of Andrea Huong Jia Mei as Independent and Non Executive Member of Risk Committee Ecoscience International Berhad announced the cessation of Miss. Andrea Huong Jia Mei, age 43, as Independent and Non Executive Member of Risk Committee. Date of change is 30 May 2025. Composition of Risk Committee: (Name and Directorate of members after change): 1. Mr. Law Sang Thiam (Chairman, Independent Non-Executive Director)and 2. Ms. Ang Chye Kian (Member, Independent Non-Executive Director). New Risk • May 09
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: -RM9.0m 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 (-RM9.0m free cash flow). Share price has been highly volatile over the past 3 months (33% average weekly change). Earnings have declined by 56% per year over the past 5 years. Minor Risk Market cap is less than US$100m (RM59.8m market cap, or US$13.9m). Annuncio • Apr 29
Ecoscience International Berhad, Annual General Meeting, May 30, 2025 Ecoscience International Berhad, Annual General Meeting, May 30, 2025, at 15:00 Singapore Standard Time. Location: allamanda room, palm resort golf & country club, jalan persiaran, off jalan jumbo, 81250 senai, johor, Malaysia Reported Earnings • Feb 28
Full year 2024 earnings released: RM0.068 loss per share (vs RM0.028 loss in FY 2023) Full year 2024 results: RM0.068 loss per share (further deteriorated from RM0.028 loss in FY 2023). Revenue: RM144.8m (down 6.9% from FY 2023). Net loss: RM25.6m (loss widened 160% from FY 2023). Reported Earnings • Nov 23
Third quarter 2024 earnings released: RM0.044 loss per share (vs RM0.009 loss in 3Q 2023) Third quarter 2024 results: RM0.044 loss per share (further deteriorated from RM0.009 loss in 3Q 2023). Revenue: RM27.8m (down 40% from 3Q 2023). Net loss: RM16.6m (loss widened 433% from 3Q 2023). Reported Earnings • Aug 22
Second quarter 2024 earnings released: RM0.006 loss per share (vs RM0.002 profit in 2Q 2023) Second quarter 2024 results: RM0.006 loss per share (down from RM0.002 profit in 2Q 2023). Revenue: RM29.3m (down 2.6% from 2Q 2023). Net loss: RM2.36m (down RM2.87m from profit in 2Q 2023). Reported Earnings • May 30
First quarter 2024 earnings released: RM0.009 loss per share (vs RM0.001 loss in 1Q 2023) First quarter 2024 results: RM0.009 loss per share (further deteriorated from RM0.001 loss in 1Q 2023). Revenue: RM45.5m (flat on 1Q 2023). Net loss: RM3.25m (loss widened RM2.94m from 1Q 2023). Annuncio • Apr 28
Ecoscience International Berhad, Annual General Meeting, May 28, 2024 Ecoscience International Berhad, Annual General Meeting, May 28, 2024, at 10:00 Singapore Standard Time. Location: Discover Room, Level M3, VE Hotel & Residences, Bangsar South City, No. 8 Jalan Kerinchi Kuala Lumpur Malaysia Agenda: To receive the Audited Financial Statements for the financial year ended 31 December 2023 together with the Reports of the Directors and Auditors; to approve the payment of Directors' fees of MYR 5,500.00 per month to Dato' Tan Yee Boon for the period from 29 May 2024 until the date of the next Annual General Meeting of the Company to be held in 2025; to re-elect Mr Wong Choi Ong as Director, who is retiring by rotation in accordance with Clause 76(3) of the Constitution of the Company; and to consider other matters. New Risk • Mar 12
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 7.8% 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 53% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.8% average weekly change). Shareholders have been diluted in the past year (10.0% increase in shares outstanding). Market cap is less than US$100m (RM119.7m market cap, or US$25.6m). Reported Earnings • Feb 29
Full year 2023 earnings released: RM0.029 loss per share (vs RM0.032 loss in FY 2022) Full year 2023 results: RM0.029 loss per share. Revenue: RM155.6m (up 65% from FY 2022). Net loss: RM10.0m (loss widened 6.5% from FY 2022). New Risk • Jan 31
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 7.4% 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 55% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Shareholders have been diluted in the past year (10.0% increase in shares outstanding). Market cap is less than US$100m (RM129.0m market cap, or US$27.3m). New Risk • Nov 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 Malaysian stocks, typically moving 6.9% 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 55% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Shareholders have been diluted in the past year (10.0% increase in shares outstanding). Market cap is less than US$100m (RM155.2m market cap, or US$32.8m). Annuncio • Oct 26
Ecoscience International Berhad has completed a Follow-on Equity Offering in the amount of HKD 12.24 million. Ecoscience International Berhad has completed a Follow-on Equity Offering in the amount of HKD 12.24 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 34,000,000
Price\Range: HKD 0.36
Transaction Features: Subsequent Direct Listing New Risk • Oct 25
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 10.0% This is considered a minor 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 Risk Earnings have declined by 55% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (10.0% increase in shares outstanding). Market cap is less than US$100m (RM149.6m market cap, or US$31.3m). Reported Earnings • Aug 26
Second quarter 2023 earnings released Second quarter 2023 results: EPS: RM0.002. Net income: RM516.0k (up RM516.0k from 2Q 2022). Annuncio • Aug 23
Ecoscience International Berhad announced that it expects to receive MYR 11.2 million in funding Ecoscience International Berhad announced a private placement of 34,000,000 common shares for the gross proceeds of MYR 11.2 million on August 22, 2023. The transaction is subjected to approvals from Bursa Securities and shareholders of the company. The transaction is expected to close in 4 quarter of 2023, that is, October 1, 2023, to December 31, 2023. New Risk • Jun 17
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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 53% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Market cap is less than US$100m (RM134.3m market cap, or US$29.1m). Reported Earnings • May 30
First quarter 2023 earnings released First quarter 2023 results: RM0.001 loss per share. Net loss: RM313.0k (flat on 1Q 2022). Reported Earnings • Mar 04
Full year 2022 earnings released: RM0.032 loss per share (vs RM0.031 profit in FY 2021) Full year 2022 results: RM0.032 loss per share (down from RM0.031 profit in FY 2021). Revenue: RM94.4m (down 38% from FY 2021). Net loss: RM9.39m (down 216% from profit in FY 2021). Board Change • Nov 16
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. MD & Non-Independent Executive Director Choi Wong is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Jul 18
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. MD & Non-Independent Executive Director Choi Wong is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.