Reported Earnings • May 31
Full year 2026 earnings released: EPS: RM0.004 (vs RM0.007 in FY 2025) Full year 2026 results: EPS: RM0.004 (down from RM0.007 in FY 2025). Revenue: RM272.8m (up 111% from FY 2025). Net income: RM4.03m (down 48% from FY 2025). Profit margin: 1.5% (down from 6.0% in FY 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings. Reported Earnings • Feb 28
Third quarter 2026 earnings released Third quarter 2026 results: EPS: RM0. Revenue: RM84.5m (up 174% from 3Q 2025). Net income: RM375.0k (down 35% from 3Q 2025). Profit margin: 0.4% (down from 1.9% in 3Q 2025). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 23
Second quarter 2026 earnings released: EPS: RM0 (vs RM0.002 in 2Q 2025) Second quarter 2026 results: EPS: RM0 (down from RM0.002 in 2Q 2025). Revenue: RM75.5m (up 140% from 2Q 2025). Net income: RM758.0k (down 25% from 2Q 2025). Profit margin: 1.0% (down from 3.2% in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings. New Risk • Aug 31
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 4.9% Last year net profit margin: 20% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (323% increase in shares outstanding). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.9% net profit margin). Market cap is less than US$100m (RM269.2m market cap, or US$63.7m). New Risk • Aug 05
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 123% 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: Major Risk Shareholders have been substantially diluted in the past year (323% increase in shares outstanding). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (RM277.9m market cap, or US$65.7m). Reported Earnings • Aug 05
Full year 2025 earnings released: EPS: RM0.007 (vs RM0.006 in FY 2024) Full year 2025 results: EPS: RM0.007 (up from RM0.006 in FY 2024). Revenue: RM129.5m (up 43% from FY 2024). Net income: RM7.78m (up 226% from FY 2024). Profit margin: 6.0% (up from 2.6% in FY 2024). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 33% per year, which means it is significantly lagging earnings. Annuncio • Jul 30
Harvest Miracle Capital Berhad, Annual General Meeting, Sep 26, 2025 Harvest Miracle Capital Berhad, Annual General Meeting, Sep 26, 2025, at 09:30 Singapore Standard Time. Location: green iii, sports wing, jalan kelab tropicana, tropicana golf & country resort, 47410 petaling jaya, selangor darul ehsan, Malaysia Reported Earnings • May 28
Full year 2025 earnings released: EPS: RM0.007 (vs RM0.006 in FY 2024) Full year 2025 results: EPS: RM0.007 (up from RM0.006 in FY 2024). Revenue: RM129.4m (up 43% from FY 2024). Net income: RM7.78m (up 226% from FY 2024). Profit margin: 6.0% (up from 2.6% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings. Reported Earnings • Feb 22
Third quarter 2025 earnings released: EPS: RM0.001 (vs RM0.052 in 3Q 2024) Third quarter 2025 results: EPS: RM0.001 (down from RM0.052 in 3Q 2024). Revenue: RM30.8m (up 48% from 3Q 2024). Net income: RM573.0k (down 97% from 3Q 2024). Profit margin: 1.9% (down from 101% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. New Risk • Jan 31
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 302% 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 (17% average weekly change). Shareholders have been substantially diluted in the past year (302% increase in shares outstanding). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (RM295.3m market cap, or US$66.5m). Annuncio • Jan 23
Harvest Miracle Capital Berhad Announces Appointment of Siew Kar Fong as Group Financial Controller Harvest Miracle Capital Berhad announced appointment of Mr. Siew Kar Fong as Group Financial Controller. Age is 41. Date of change is 22 January 2025. Qualifications: Accountancy from Malaysian Institute of Accountants; Accountancy from CPA Australia and Bachelor's Degree in Commerce from Latrobe University. Working experience and occupation: Mr. Siew Kar Fong brings over 20 years of experience in auditing, finance, and accounting. He dedicated the majority of his career to Tien Wah Press Holdings Berhad (“Tien Wah”) from 2009 to 2022, where he held several key positions, including Group Senior Finance Manager, Group Finance Manager, Assistant Group Finance Manager, Group Accountant, and Senior Account Executive. Mr. Siew began his career at SC Lim, Ng & Co., where he gained substantial audit experience, rising from Audit Semi Senior to Audit Supervisor before transitioning to Tien Wah. He is a Chartered Accountant and a respectable member of both the Malaysia Institute of Accountants (MIA) and Certified Practising Accountant Australia (CPA Australia). New Risk • Dec 18
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 15% 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 (15% average weekly change). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (RM51.3m market cap, or US$11.5m). Reported Earnings • Nov 23
Second quarter 2025 earnings released: EPS: RM0.001 (vs RM0 in 2Q 2024) Second quarter 2025 results: EPS: RM0.001 (up from RM0 in 2Q 2024). Revenue: RM31.5m (up 46% from 2Q 2024). Net income: RM1.01m (up RM1.01m from 2Q 2024). Profit margin: 3.2% (up from 0% in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. New Risk • Nov 19
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: RM32.8m (US$7.33m) 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 Risk Market cap is less than US$10m (RM32.8m market cap, or US$7.33m). Minor Risks Share price has been volatile over the past 3 months (8.9% average weekly change). Large one-off items impacting financial results. Reported Earnings • Aug 31
First quarter 2025 earnings released: EPS: RM0.001 (vs RM0.013 loss in 1Q 2024) First quarter 2025 results: EPS: RM0.001 (up from RM0.013 loss in 1Q 2024). Revenue: RM27.5m (up 19% from 1Q 2024). Net income: RM814.0k (up RM16.2m from 1Q 2024). Profit margin: 3.0% (up from net loss in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 02
Full year 2024 earnings released: EPS: RM0.002 (vs RM0.007 loss in FY 2023) Full year 2024 results: EPS: RM0.002 (up from RM0.007 loss in FY 2023). Revenue: RM90.5m (down 32% from FY 2023). Net income: RM2.39m (up RM10.7m from FY 2023). Profit margin: 2.6% (up from net loss in FY 2023). Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Annuncio • Jul 26
Harvest Miracle Capital Berhad, Annual General Meeting, Aug 29, 2024 Harvest Miracle Capital Berhad, Annual General Meeting, Aug 29, 2024, at 09:30 Singapore Standard Time. Reported Earnings • May 30
Full year 2024 earnings released: EPS: RM0.002 (vs RM0.007 loss in FY 2023) Full year 2024 results: EPS: RM0.002 (up from RM0.007 loss in FY 2023). Revenue: RM90.5m (down 32% from FY 2023). Net income: RM2.39m (up RM10.7m from FY 2023). Profit margin: 2.6% (up from net loss in FY 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Annuncio • Apr 09
Harvest Miracle Capital Berhad Appoints Madam Lim Peng Peng as Independent and Non Executive Member of Audit Committee Harvest Miracle Capital Berhad announced the appointment of Madam Lim Peng Peng, age 43, as Independent and Non Executive Member of Audit Committee, effective from 09 April 2024. Composition of Audit Committee (Name and Directorate of members after change) (1) Mr. Ling Wee Tak (Chairman, Independent non-Executive Director)(2) Mr. Chua Ei Ming (Member, Independent non-Executive Director)(3) Ms. Lim Peng Peng (Member, Independent non-Executive Director). Reported Earnings • Feb 25
Third quarter 2024 earnings released: EPS: RM0.017 (vs RM0.005 in 3Q 2023) Third quarter 2024 results: EPS: RM0.017 (up from RM0.005 in 3Q 2023). Revenue: RM20.8m (down 41% from 3Q 2023). Net income: RM21.1m (up 255% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 25
Second quarter 2024 earnings released: EPS: RM0 (vs RM0.001 loss in 2Q 2023) Second quarter 2024 results: EPS: RM0 (improved from RM0.001 loss in 2Q 2023). Revenue: RM21.6m (down 39% from 2Q 2023). Net loss: RM2.0k (loss narrowed 100% from 2Q 2023). Profit margin: 0% (up from net loss in 2Q 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Annuncio • Nov 18
Harvest Miracle Capital Berhad (KLSE:HM) entered into a share sale agreement to acquire 70% stake in Claybricks & Tiles Sdn.Bhd. from Commonwell Sdn. Bhd. for MYR 10 million. Harvest Miracle Capital Berhad (KLSE:HM) entered into a share sale agreement to acquire 70% stake in Claybricks & Tiles Sdn.Bhd. from Commonwell Sdn. Bhd. for MYR 10 million on November 17, 2023. The consideration will be satisfied through internally generated funds. Claybricks & Tiles Sdn.Bhd. reported revenues of MYR 12.2 million, loss after tax of MYR 6.1 million and net assets of MYR 20.8 million for financial year ended December 31, 2022. The transaction is conditional upon Harvest Miracle being satisfied with the results of its due diligence investigation, Commonwell shall fully discharge all existing charges of Claybricks, Commonwell shall fully settle and discharge all the existing liabilities of Claybricks. The acquisition is expected to be completed in fourth quarter of the calendar year 2023. Board Change • Nov 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 Ei Ming Chua was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. New Risk • Oct 20
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 11% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (10% increase in shares outstanding). Market cap is less than US$100m (RM165.4m market cap, or US$34.7m). Annuncio • Sep 22
Pang Kim Moon entered into a Shares Sale Agreement to acquire 40% stake in Viewnet Computer System Sdn. Bhd. from Harvest Miracle Capital Berhad (KLSE:HM) for MYR 14 million. Pang Kim Moon entered into a Shares Sale Agreement to acquire 40% stake in Viewnet Computer System Sdn. Bhd. from Harvest Miracle Capital Berhad (KLSE:HM) for MYR 14 million on September 20, 2023. As part of the agreement, Pang Kim Moon will acquire 1,358,346 ordinary shares in Viewnet Computer System for a total cash consideration of MYR 14 million. VCS will become a 60% owned subsidiary of HMCB after the Proposed Disposal. As of financial year, ended March 31, 2023, Revenue of MYR 126.08322 million, Loss after tax MYR 1.579906 million and Net assets MYR 9.133298 million. The transaction is subject to completion of due diligence investigation and obtained the approval of its board of directors of purchaser. The proposed disposal is expected to be completed by the fourth quarter of the calendar year 2023. Reported Earnings • Aug 02
Full year 2023 earnings released: RM0.007 loss per share (vs RM0.008 profit in FY 2022) Full year 2023 results: RM0.007 loss per share (down from RM0.008 profit in FY 2022). Revenue: RM132.9m (down 21% from FY 2022). Net loss: RM8.30m (down 247% from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has fallen by 31% per year, which means it is significantly lagging earnings. Annuncio • Jul 29
Harvest Miracle Capital Berhad, Annual General Meeting, Aug 29, 2023 Harvest Miracle Capital Berhad, Annual General Meeting, Aug 29, 2023, at 09:30 Singapore Standard Time. Location: Dewan Perdana, Bukit Kiara Equestrian & Country Resort Jalan Bukit Kiara, Off Jalan Damansara 60000 Kuala Lumpur 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 re-elect Mr. Sam Kok Hong who is retiring by rotation in accordance with Clause 131 of the Constitution of the Company; To re-elect Mr. See Toh Kean Yaw who is retiring by rotation in accordance with Clause 131 of the Constitution of the Company; To approve the payment of Directors fees up to an aggregate amount of RM750,000 for the financial year ending 31 March 2024 which is payable quarterly in arrears; To approve the payment of Directors benefits of up to an aggregate amount of RM50,000 from the passing of this resolution until the next Annual General Meeting of the Company; To re-appoint Crowe Malaysia PLT as Auditors of the Company until the conclusion of the next Annual General Meeting and to authorise the Directors to fix their remuneration; and to consider other matters if any. Annuncio • Jul 23
Harvest Miracle Capital Berhad Announces Resignation of Choo Peng Hung as Executive Managing Director Harvest Miracle Capital Berhad announced resignation of MR CHOO PENG HUNG as Executive Managing Director Due to other work commitments. Date of change is July 21, 2023. age is 50. Reported Earnings • Jun 02
Full year 2023 earnings released: RM0.007 loss per share (vs RM0.008 profit in FY 2022) Full year 2023 results: RM0.007 loss per share (down from RM0.008 profit in FY 2022). Revenue: RM132.9m (down 21% from FY 2022). Net loss: RM8.30m (down 247% from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings. Reported Earnings • Feb 25
Third quarter 2023 earnings released: EPS: RM0.005 (vs RM0.001 in 3Q 2022) Third quarter 2023 results: EPS: RM0.005 (up from RM0.001 in 3Q 2022). Revenue: RM35.3m (down 24% from 3Q 2022). Net income: RM5.94m (up RM5.56m from 3Q 2022). Profit margin: 17% (up from 0.8% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 26
Second quarter 2023 earnings released: RM0.001 loss per share (vs RM0 in 2Q 2022) Second quarter 2023 results: RM0.001 loss per share (further deteriorated from RM0 in 2Q 2022). Revenue: RM35.1m (down 26% from 2Q 2022). Net loss: RM1.21m (down RM1.21m from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has fallen by 39% per year, which means it is significantly lagging earnings. Board Change • Oct 31
High number of new directors Independent & Non-Executive Director Wee Tak Ling was the last director to join the board, commencing their role in 2022. Reported Earnings • Jul 28
Full year 2022 earnings released: EPS: RM0.008 (vs RM0.042 loss in FY 2021) Full year 2022 results: EPS: RM0.008 (up from RM0.042 loss in FY 2021). Revenue: RM168.5m (down 9.3% from FY 2021). Net income: RM5.63m (up RM17.0m from FY 2021). Profit margin: 3.3% (up from net loss in FY 2021). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 39% per year, which means it is significantly lagging earnings. Reported Earnings • May 29
Full year 2022 earnings released Full year 2022 results: Revenue: RM168.5m (down 9.3% from FY 2021). Net income: RM5.63m (up RM17.0m from FY 2021). Profit margin: 3.3% (up from net loss in FY 2021). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 38% per year, which means it is significantly lagging earnings. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Non Independent & Non Executive Director Han Liu was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 27
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: RM0.001 (up from RM0.002 loss in 3Q 2021). Revenue: RM46.6m (down 11% from 3Q 2021). Net income: RM389.0k (up RM1.03m from 3Q 2021). Profit margin: 0.8% (up from net loss in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has fallen by 49% per year, which means it is performing significantly worse than earnings.