Annuncio • Aug 04
Phoenix Power Company SAOG to Report First Half, 2026 Results on Aug 12, 2026 Phoenix Power Company SAOG announced that they will report first half, 2026 results on Aug 12, 2026 Reported Earnings • Jul 12
Second quarter 2026 earnings released: EPS: ر.ع0.011 (vs ر.ع0.008 in 2Q 2025) Second quarter 2026 results: EPS: ر.ع0.011 (up from ر.ع0.008 in 2Q 2025). Revenue: ر.ع51.4m (down 7.9% from 2Q 2025). Net income: ر.ع16.1m (up 72% from 2Q 2025). Profit margin: 31% (up from 17% in 2Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 57% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Apr 13
First quarter 2026 earnings released: ر.ع0.002 loss per share (vs ر.ع0 in 1Q 2025) First quarter 2026 results: ر.ع0.002 loss per share (further deteriorated from ر.ع0 in 1Q 2025). Revenue: ر.ع28.4m (up 4.8% from 1Q 2025). Net loss: ر.ع2.82m (loss widened ر.ع2.69m from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 54% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Mar 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 Omani stocks, typically moving 5.7% 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. This is currently the only risk that has been identified for the company. Annuncio • Mar 15
Phoenix Power Company SAOG Announces Board and Committee Appointments Phoenix Power Company SAOG at the meeting of the Board of Directors held on 11 March 2026: The appointment of Mr. Khalid Muhammad Jolo as the chairman of the Board. The formation of the audit committee from the following members: Mr. Akihiro Katsui- Chairman, Mr. Atsuhi Terada - Member and Mr. Adrian Rothlisberger - Member . Formation of the Nomination and Remuneration Committee from the following members: Mr. Adrian Rothlisberger - Chairman, Mr. Khaled Mohamed Youssef Jolo - Member and Mr. Atsushi Terada - Member . Appointing Mr. Ahmed Zahir Hfimad Al-Abri, as the company's secretary . New Risk • Mar 01
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 3.8% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company. Reported Earnings • Feb 14
Full year 2025 earnings released: EPS: ر.ع0.018 (vs ر.ع0.016 in FY 2024) Full year 2025 results: EPS: ر.ع0.018 (up from ر.ع0.016 in FY 2024). Revenue: ر.ع174.1m (up 3.7% from FY 2024). Net income: ر.ع26.0m (up 13% from FY 2024). Profit margin: 15% (up from 14% 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 9% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • Feb 11
Phoenix Power Company SAOG, Annual General Meeting, Mar 11, 2026 Phoenix Power Company SAOG, Annual General Meeting, Mar 11, 2026. Declared Dividend • Jan 17
Final dividend of ر.ع0.002 announced Shareholders will receive a dividend of ر.ع0.002. Ex-date: 29th January 2026 Payment date: 3rd February 2026 Dividend yield will be 3.2%, which is lower than the industry average of 10%. Payout Ratios Payout ratio: 21%. Cash payout ratio: 12%. Annuncio • Jan 14
Phoenix Power Company SAOG Announces Cash Dividend for the Financial Year Ended 31 December 2024 Phoenix Power Company SAOG announced that the management of the Phoenix Poth January SAOG on behalf of the Board of Directors of the Company advises the Financial Services Authority, the Muscat Stock Exchange and the investors' community that in accordance with the resolutions passed at the Ordinary General Meeting of the Company on the 18th March 2025 and as resolved by the Board of Directors: "To distribute cash dividend of Baizas 2.00 per share, out of the retained earnings as per the audited financial statements for the financial year ended 31st December 2024 to the shareholders of the Company who are registered in the Company's shareholders' register with the Muscat Clearing & Depository Company SAOC as on 28th January 2026. Reported Earnings • Jan 14
Full year 2025 earnings released: EPS: ر.ع0.018 (vs ر.ع0.016 in FY 2024) Full year 2025 results: EPS: ر.ع0.018 (up from ر.ع0.016 in FY 2024). Revenue: ر.ع174.8m (up 4.2% from FY 2024). Net income: ر.ع26.0m (up 13% from FY 2024). Profit margin: 15% (up from 14% 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 9% per year but the company’s share price has increased by 54% per year, which means it is tracking significantly ahead of earnings growth. Price Target Changed • Dec 08
Price target increased by 85% to ر.ع0.12 Up from ر.ع0.065, the current price target is provided by 1 analyst. New target price is 21% below last closing price of ر.ع0.15. Stock is up 167% over the past year. The company posted earnings per share of ر.ع0.016 last year. Annuncio • Jul 16
Phoenix Power Company SAOG announces Annual dividend, payable on August 03, 2025 Phoenix Power Company SAOG announced Annual dividend of OMR 0.0035 per share payable on August 03, 2025, ex-date on July 29, 2025 and record date on July 28, 2025. Price Target Changed • May 28
Price target decreased by 12% to ر.ع0.065 Down from ر.ع0.074, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of ر.ع0.064. Stock is up 8.5% over the past year. The company posted earnings per share of ر.ع0.016 last year. Reported Earnings • Apr 15
First quarter 2025 earnings released: ر.ع0.002 loss per share (vs ر.ع0.003 loss in 1Q 2024) First quarter 2025 results: ر.ع0.002 loss per share (improved from ر.ع0.003 loss in 1Q 2024). Revenue: ر.ع27.1m (up 6.2% from 1Q 2024). Net loss: ر.ع3.13m (loss narrowed 28% from 1Q 2024). Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 7% per year. New Risk • Apr 01
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 Omani stocks, typically moving 4.6% 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: Minor Risks High level of debt (47% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (4.6% average weekly change). Price Target Changed • Mar 06
Price target decreased by 12% to ر.ع0.065 Down from ر.ع0.074, the current price target is provided by 1 analyst. New target price is 10% above last closing price of ر.ع0.059. The company posted earnings per share of ر.ع0.016 last year. Annuncio • Feb 25
Phoenix Power Company SAOG, Annual General Meeting, Mar 18, 2025 Phoenix Power Company SAOG, Annual General Meeting, Mar 18, 2025. Price Target Changed • Nov 19
Price target decreased by 12% to ر.ع0.065 Down from ر.ع0.074, the current price target is provided by 1 analyst. New target price is 14% above last closing price of ر.ع0.057. Stock is up 5.6% over the past year. The company posted earnings per share of ر.ع0.015 last year. Reported Earnings • Oct 15
Third quarter 2024 earnings released: EPS: ر.ع0.011 (vs ر.ع0.01 in 3Q 2023) Third quarter 2024 results: EPS: ر.ع0.011 (up from ر.ع0.01 in 3Q 2023). Revenue: ر.ع57.4m (up 3.6% from 3Q 2023). Net income: ر.ع15.6m (up 3.7% from 3Q 2023). Profit margin: 27% (in line with 3Q 2023). Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Renewable Energy industry in Asia. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 7% per year. New Risk • Oct 01
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 Omani stocks, typically moving 4.1% 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: Minor Risks High level of debt (58% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (4.1% average weekly change). New Risk • Aug 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 Omani stocks, typically moving 4.2% 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: Minor Risks High level of debt (58% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (4.2% average weekly change). Declared Dividend • Jul 17
First half dividend of ر.ع0.0032 announced Shareholders will receive a dividend of ر.ع0.0032. Ex-date: 28th July 2024 Payment date: 1st January 1970 Dividend yield will be 8.6%, which is lower than the industry average of 10%. Sustainability & Growth Dividend is well covered by both earnings (35% earnings payout ratio) and cash flows (17% cash payout ratio). The dividend has increased by an average of 13% per year over the past 9 years. However, payments have been volatile during that time. Earnings per share has grown by 12% over the last 3 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Jul 13
Second quarter 2024 earnings released: EPS: ر.ع0.01 (vs ر.ع0.009 in 2Q 2023) Second quarter 2024 results: EPS: ر.ع0.01 (up from ر.ع0.009 in 2Q 2023). Revenue: ر.ع54.5m (up 3.5% from 2Q 2023). Net income: ر.ع14.7m (flat on 2Q 2023). Profit margin: 27% (in line with 2Q 2023). Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 8% per year. Reported Earnings • Apr 11
First quarter 2024 earnings released: ر.ع0.003 loss per share (vs ر.ع0.003 loss in 1Q 2023) First quarter 2024 results: ر.ع0.003 loss per share (in line with 1Q 2023). Revenue: ر.ع25.5m (up 12% from 1Q 2023). Net loss: ر.ع4.32m (loss narrowed 2.2% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 10% per year. Board Change • Apr 07
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Ahmed Mahmoud Ibrahim 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. New Risk • Feb 01
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 Omani stocks, typically moving 5.5% 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 High level of debt (66% net debt to equity). Share price has been volatile over the past 3 months (5.5% average weekly change). Reported Earnings • Jan 16
Full year 2023 earnings released: EPS: ر.ع0.015 (vs ر.ع0.014 in FY 2022) Full year 2023 results: EPS: ر.ع0.015 (up from ر.ع0.014 in FY 2022). Revenue: ر.ع158.5m (up 6.3% from FY 2022). Net income: ر.ع21.9m (up 7.7% from FY 2022). Profit margin: 14% (in line with FY 2022). Revenue is forecast to grow 1.7% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Renewable Energy industry in Asia. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. New Risk • Oct 18
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 19% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Minor Risk Share price has been volatile over the past 3 months (6.2% average weekly change). Reported Earnings • Oct 14
Third quarter 2023 earnings released: EPS: ر.ع0.01 (vs ر.ع0.01 in 3Q 2022) Third quarter 2023 results: EPS: ر.ع0.01 (in line with 3Q 2022). Revenue: ر.ع55.4m (up 7.5% from 3Q 2022). Net income: ر.ع15.0m (up 2.0% from 3Q 2022). Profit margin: 27% (down from 29% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Renewable Energy industry in Asia. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jul 15
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: ر.ع52.6m (up 2.9% from 2Q 2022). Net income: ر.ع14.6m (up 5.4% from 2Q 2022). Profit margin: 28% (in line with 2Q 2022). Reported Earnings • Apr 15
First quarter 2023 earnings released: ر.ع0.003 loss per share (vs ر.ع0.003 loss in 1Q 2022) First quarter 2023 results: ر.ع0.003 loss per share (in line with 1Q 2022). Revenue: ر.ع22.8m (up 11% from 1Q 2022). Net loss: ر.ع4.41m (loss widened 3.3% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 28
Full year 2022 earnings released: EPS: ر.ع0.014 (vs ر.ع0.012 in FY 2021) Full year 2022 results: EPS: ر.ع0.014 (up from ر.ع0.012 in FY 2021). Revenue: ر.ع149.2m (up 2.0% from FY 2021). Net income: ر.ع20.4m (up 21% from FY 2021). Profit margin: 14% (up from 12% in FY 2021). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Reported Earnings • Jan 16
Full year 2022 earnings released: EPS: ر.ع0.014 (vs ر.ع0.012 in FY 2021) Full year 2022 results: EPS: ر.ع0.014 (up from ر.ع0.012 in FY 2021). Revenue: ر.ع149.2m (up 2.0% from FY 2021). Net income: ر.ع20.4m (up 21% from FY 2021). Profit margin: 14% (up from 12% in FY 2021). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Price Target Changed • Nov 16
Price target decreased to ر.ع0.051 Down from ر.ع0.061, the current price target is provided by 1 analyst. New target price is 24% above last closing price of ر.ع0.041. Stock is down 16% over the past year. The company posted earnings per share of ر.ع0.012 last year. 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. 1 experienced director. No highly experienced directors. Independent Deputy Chairman Adrian Rothlisberger 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. Annuncio • Oct 04
Phoenix Power Company SAOG Appoints Maitham Al Talib as Head of Internal Audit Unit Phoenix Power Company SAOG announced appointment of Mr. Maitham Al Talib as the Head of the Internal Audit Unit of the Company with effective 2 October 2022: Mr. Maitham has around 17 years' experience in Internal Auditing and he holds a bachelor's degree in accounting and is Certified in CAT, CFE and RBIA. Reported Earnings • Jul 27
Second quarter 2022 earnings released: EPS: ر.ع0.01 (vs ر.ع0.008 in 2Q 2021) Second quarter 2022 results: EPS: ر.ع0.01 (up from ر.ع0.008 in 2Q 2021). Revenue: ر.ع51.2m (up 2.9% from 2Q 2021). Net income: ر.ع13.8m (up 14% from 2Q 2021). Profit margin: 27% (up from 25% in 2Q 2021). Board Change • Jun 01
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. 1 experienced director. No highly experienced directors. Independent Deputy Chairman Adrian Rothlisberger 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 • Apr 27
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Non-Executive Non-Independent Director Ryosuke Tsuchiya was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Annuncio • Apr 25
Phoenix Power Company Saog Announces Executive Changes Phoenix Power Company SAOG announced at its meeting of the Board of Directors held on 21 April 2022 the resignation of Mr. Carlos AlCazar from his position as Deputy Chairman of the Board and as Chairman of Nomination and Remuneration Committee with effect from 21 April 2022 due to personal related reasons. Appoint Mr. Mohammed Fatih Abdel Kariem as a temporary member of the Board of Directors, with effect from 21 April 2022. Acceptance of the appointment of Mr. Sultan AL Tai who has more than 22 years of experience in the investment sector as a member of the Board, as a representative of civil service employees' pension fund as a replacement of Mr. Rashad AL Battash with effect from 24 April 2022. To appoint Mr. Adrian Rothlisberger as a deputy chairman of the board. Re-formation of the Nomination and Remuneration to be chaired by Mr. Adrian Rothlisberger and membership of each of Mr. Khalid Mohammed and Mr. Hideharu Tatedori. Re-formation of the Audit Committee to be chaired by Mr. Mohammed Fatih Abdel Kariem and membership of each of Mr. Tsuchiya Ryosuke and Mr. Hideharu Tatedori. Reported Earnings • Mar 05
Full year 2021 earnings: Revenues miss analyst expectations Full year 2021 results: Revenue: ر.ع146.2m (down 59% from FY 2020). Net income: ر.ع16.9m (down 60% from FY 2020). Profit margin: 12% (in line with FY 2020). Revenue missed analyst estimates by 1.6%. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. Annuncio • Feb 24
Phoenix Power Company SAOG, Annual General Meeting, Mar 17, 2022 Phoenix Power Company SAOG, Annual General Meeting, Mar 17, 2022. Agenda: Annual general meeting. Price Target Changed • Aug 05
Price target decreased to ر.ع0.057 Down from ر.ع0.061, the current price target is provided by 1 analyst. New target price is 21% above last closing price of ر.ع0.047. Stock is down 13% over the past year. Reported Earnings • Jul 15
Second quarter 2021 earnings released The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: ر.ع49.7m (up 6.4% from 2Q 2020). Net income: ر.ع12.2m (down 3.4% from 2Q 2020). Profit margin: 25% (down from 27% in 2Q 2020). The decrease in margin was driven by higher expenses. Executive Departure • May 04
CFO & Disclosure Officer has left the company On the 1st of May, Koichi Matsumoto's tenure as CFO & Disclosure Officer ended after 2.3 years in the role. We don't have any record of a personal shareholding under Koichi's name. Koichi is the only executive to leave the company over the last 12 months. Reported Earnings • Apr 16
First quarter 2021 earnings released The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: ر.ع22.3m (up 16% from 1Q 2020). Net loss: ر.ع4.92m (loss narrowed 7.8% from 1Q 2020). Reported Earnings • Mar 04
Full year 2020 earnings released The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: US$135.4m (down 61% from FY 2019). Net income: US$16.0m (down 58% from FY 2019). Profit margin: 12% (in line with FY 2019). Annuncio • Mar 04
Phoenix Power Company SAOG, Annual General Meeting, Mar 22, 2021 Phoenix Power Company SAOG, Annual General Meeting, Mar 22, 2021, at 11:00 Coordinated Universal Time. Agenda: To consider and approve the BOD report for the financial year ended December 31, 2020; to consider and approve the Corporate Governance Report for the financial year ended December 31, 2020; to consider the auditors's report and to approve the financial statements of the company for the financial year ended December 31, 2020; to consider appointment of statutory auditors for the financial year ending December 31, 2021; and to consider any other matters. Reported Earnings • Oct 15
Third quarter earnings released Over the last 12 months the company has reported total profits of ر.ع15.5m, up 13% from the prior year. Total revenue was ر.ع137.6m over the last 12 months, up 1.4% from the prior year.