Reported Earnings • Apr 16
Full year 2025 earnings released Full year 2025 results: Revenue: ₱4.05m (up 14% from FY 2024). Net income: ₱2.65m (up 19% from FY 2024). Profit margin: 66% (up from 63% in FY 2024). The increase in margin was driven by higher revenue. Annuncio • Mar 27
GMA Holdings, Inc., Annual General Meeting, Dec 11, 2026 GMA Holdings, Inc., Annual General Meeting, Dec 11, 2026, at 10:00 W. Australia Standard Time. New Risk • Feb 18
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 Filipino 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 22% per year over the past 5 years. Revenue is less than US$1m (₱4.4m revenue, or US$75k). Minor Risks 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 (7.7% average weekly change). Reported Earnings • Nov 13
Third quarter 2025 earnings released Third quarter 2025 results: Net income: ₱757.6k (up 53% from 3Q 2024). Reported Earnings • Aug 15
Second quarter 2025 earnings released Second quarter 2025 results: Revenue: ₱1.08m (up 30% from 2Q 2024). Net income: ₱720.2k (up 52% from 2Q 2024). Profit margin: 67% (up from 57% in 2Q 2024). New Risk • Jun 16
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 Filipino stocks, typically moving 8.2% 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: Major Risks Earnings have declined by 14% per year over the past 5 years. Revenue is less than US$1m (₱3.8m revenue, or US$67k). Minor Risks 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 (8.2% average weekly change). Reported Earnings • Apr 16
Full year 2024 earnings released Full year 2024 results: Revenue: ₱3.55m (up 27% from FY 2023). Net income: ₱2.24m (up 87% from FY 2023). Profit margin: 63% (up from 43% in FY 2023). The increase in margin was primarily driven by higher revenue. Annuncio • Mar 28
GMA Holdings, Inc., Annual General Meeting, May 30, 2025 GMA Holdings, Inc., Annual General Meeting, May 30, 2025, at 10:00 W. Australia Standard Time. New Risk • Feb 05
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 Filipino stocks, typically moving 12% 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 (12% average weekly change). Earnings have declined by 4.5% per year over the past 5 years. Revenue is less than US$1m (₱3.1m revenue, or US$53k). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. New Risk • Dec 23
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 Filipino stocks, typically moving 7.5% 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: Major Risks Earnings have declined by 4.5% per year over the past 5 years. Revenue is less than US$1m (₱3.1m revenue, or US$53k). Minor Risks 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 (7.5% average weekly change). Reported Earnings • Nov 14
Third quarter 2024 earnings released Third quarter 2024 results: Revenue: ₱766.7k (up 11% from 3Q 2023). Net income: ₱495.3k (up 12% from 3Q 2023). Profit margin: 65% (in line with 3Q 2023). New Risk • Nov 14
New major risk - Revenue and earnings growth Earnings have declined by 1.8% 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 Risks Earnings have declined by 1.8% per year over the past 5 years. Revenue is less than US$1m (₱3.0m revenue, or US$51k). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Recent Insider Transactions • Oct 22
Independent Director recently bought ₱100k worth of stock On the 14th of October, Artemio Panganiban bought around 15k shares on-market at roughly ₱6.70 per share. This transaction amounted to 2.8% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth ₱1.8m. Insiders have collectively bought ₱3.2m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Oct 16
Independent Director recently bought ₱67k worth of stock On the 11th of October, Artemio Panganiban bought around 11k shares on-market at roughly ₱6.30 per share. This transaction amounted to 2.0% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth ₱1.2m. Insiders have collectively bought ₱1.3m more in shares than they have sold in the last 12 months. Reported Earnings • Aug 13
Second quarter 2024 earnings released Second quarter 2024 results: Revenue: ₱833.1k (up 24% from 2Q 2023). Net income: ₱473.0k (up 20% from 2Q 2023). Profit margin: 57% (down from 59% in 2Q 2023). The decrease in margin was driven by higher expenses. New Risk • Apr 17
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: 43% Last year net profit margin: 66% 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 Revenue is less than US$1m (₱2.8m revenue, or US$49k). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (43% net profit margin). Declared Dividend • Apr 05
Dividend of ₱0.60 announced Shareholders will receive a dividend of ₱0.60. Ex-date: 23rd April 2024 Payment date: 14th May 2024 Dividend yield will be 6.8%, which is higher than the industry average of 1.6%. Sustainability & Growth The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. Annuncio • Apr 03
GMA Holdings, Inc., Annual General Meeting, May 31, 2024 GMA Holdings, Inc., Annual General Meeting, May 31, 2024, at 10:00 Singapore Standard Time. Buy Or Sell Opportunity • Jan 23
Now 26% overvalued after recent price rise Over the last 90 days, the stock has risen 20% to ₱8.96. The fair value is estimated to be ₱7.12, however this is not to be taken as a sell recommendation but rather should be used as a guide only. New Risk • Dec 07
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 Filipino 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). Revenue is less than US$1m (₱2.5m revenue, or US$46k). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Reported Earnings • Nov 15
Third quarter 2023 earnings released Third quarter 2023 results: Revenue: ₱693.8k (up 41% from 3Q 2022). Net income: ₱443.2k (up 104% from 3Q 2022). Profit margin: 64% (up from 44% in 3Q 2022). The increase in margin was primarily driven by higher revenue. Reported Earnings • Aug 15
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: ₱672.8k (up 17% from 2Q 2022). Net income: ₱394.6k (up 77% from 2Q 2022). Profit margin: 59% (up from 39% in 2Q 2022). The increase in margin was primarily driven by lower expenses. New Risk • Jun 29
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 Filipino 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 Revenue is less than US$1m (₱2.2m revenue, or US$41k). Minor Risks Dividend is not well covered by cash flows (dividend per share is over 1063x cash flows per share). Share price has been volatile over the past 3 months (6.9% average weekly change). Reported Earnings • Apr 19
Full year 2022 earnings released Full year 2022 results: Revenue: ₱5.00m (down 55% from FY 2021). Net income: ₱3.30m (down 58% from FY 2021). Profit margin: 66% (down from 72% in FY 2021). The decrease in margin was driven by lower revenue. Annuncio • Dec 09
GMA Holdings, Inc., Annual General Meeting, Dec 09, 2022 GMA Holdings, Inc., Annual General Meeting, Dec 09, 2022. Reported Earnings • Nov 16
Third quarter 2022 earnings released Third quarter 2022 results: Revenue: ₱492.6k (down 62% from 3Q 2021). Net income: ₱216.9k (down 76% from 3Q 2021). Profit margin: 44% (down from 70% in 3Q 2021). The decrease in margin was driven by lower revenue. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 5 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Director Artemio Panganiban was the last independent director to join the board, commencing their role in 2009. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Aug 11
Second quarter 2022 earnings released Second quarter 2022 results: Revenue: ₱576.3k (down 92% from 2Q 2021). Net income: ₱223.4k (down 96% from 2Q 2021). Profit margin: 39% (down from 78% in 2Q 2021). The decrease in margin was driven by lower revenue. Reported Earnings • May 04
First quarter 2022 earnings released First quarter 2022 results: Revenue: ₱3.42m (up 313% from 1Q 2021). Net income: ₱2.50m (up 430% from 1Q 2021). Profit margin: 73% (up from 57% in 1Q 2021). The increase in margin was driven by higher revenue. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 5 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Director Artemio Panganiban was the last independent director to join the board, commencing their role in 2009. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Apr 20
Full year 2021 earnings released Full year 2021 results: Revenue: ₱11.1m (up 235% from FY 2020). Net income: ₱7.93m (up 290% from FY 2020). Profit margin: 72% (up from 62% in FY 2020). The increase in margin was driven by higher revenue. Reported Earnings • Nov 18
Third quarter 2021 earnings released The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₱1.29m (up 39% from 3Q 2020). Net income: ₱909.6k (up 68% from 3Q 2020). Profit margin: 70% (up from 58% in 3Q 2020). The increase in margin was primarily driven by higher revenue. Executive Departure • Sep 28
VP & Compliance Officer Roberto Rafael Lucila has left the company On the 18th of September, Roberto Rafael Lucila's tenure as VP & Compliance Officer ended. We don't have any record of a personal shareholding under Roberto Rafael's name. Roberto Rafael is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 14.67 years. Annuncio • Aug 26
GMA Holdings, Inc.(PSE:GMAP) dropped from PSE All Share Index GMA Holdings, Inc. has been removed from Philippines All Share Index. Reported Earnings • Aug 18
Second quarter 2021 earnings released The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ₱7.58m (up ₱7.15m from 2Q 2020). Net income: ₱5.94m (up ₱5.78m from 2Q 2020). Profit margin: 78% (up from 35% in 2Q 2020). The increase in margin was driven by higher revenue. Reported Earnings • May 18
First quarter 2021 earnings released The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: ₱827.0k (up 42% from 1Q 2020). Net income: ₱471.5k (up 70% from 1Q 2020). Profit margin: 57% (up from 48% in 1Q 2020). The increase in margin was driven by higher revenue. Reported Earnings • May 02
Full year 2020 earnings released The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: ₱3.31m (up 25% from FY 2019). Net income: ₱2.03m (up 58% from FY 2019). Profit margin: 62% (up from 48% in FY 2019). The increase in margin was primarily driven by higher revenue. Upcoming Dividend • Apr 12
Upcoming dividend of ₱1.35 per share Eligible shareholders must have bought the stock before 19 April 2021. Payment date: 19 May 2021. Trailing yield: 3.6%. Lower than top quartile of Filipino dividend payers (4.1%). In line with average of industry peers (3.9%). Is New 90 Day High Low • Mar 04
New 90-day high: ₱7.02 The company is up 25% from its price of ₱5.63 on 04 December 2020. The Filipino market is down 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Diversified Financial industry, which is down 5.0% over the same period. Is New 90 Day High Low • Feb 04
New 90-day high: ₱6.21 The company is up 24% from its price of ₱4.99 on 06 November 2020. The Filipino market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Diversified Financial industry, which is up 3.0% over the same period. Annuncio • Jan 29
GMA Holdings, Inc., Annual General Meeting, May 28, 2021 GMA Holdings, Inc., Annual General Meeting, May 28, 2021, at 10:00 Singapore Standard Time. Is New 90 Day High Low • Jan 13
New 90-day high: ₱6.09 The company is up 22% from its price of ₱5.00 on 16 October 2020. The Filipino market is up 21% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Diversified Financial industry, which is up 11% over the same period. Recent Insider Transactions • Jan 06
Independent Director recently bought ₱4.9m worth of stock On the 29th of December, Artemio Panganiban bought around 832k shares on-market at roughly ₱5.95 per share. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Is New 90 Day High Low • Dec 30
New 90-day high: ₱5.95 The company is up 19% from its price of ₱4.99 on 01 October 2020. The Filipino market is up 20% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Diversified Financial industry, which is up 20% over the same period. Is New 90 Day High Low • Dec 08
New 90-day high: ₱5.74 The company is up 15% from its price of ₱5.01 on 09 September 2020. The Filipino market is up 20% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Diversified Financial industry, which is up 30% over the same period. Is New 90 Day High Low • Nov 14
New 90-day high: ₱5.09 The company is up 11% from its price of ₱4.60 on 14 August 2020. The Filipino market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Diversified Financial industry, which is up 23% over the same period.