Reported Earnings • Apr 18
Full year 2025 earnings released: EPS: ₱0.48 (vs ₱0.17 in FY 2024) Full year 2025 results: EPS: ₱0.48 (up from ₱0.17 in FY 2024). Revenue: ₱775.8m (up 45% from FY 2024). Net income: ₱310.9m (up 188% from FY 2024). Profit margin: 40% (up from 20% in FY 2024). The increase in margin was driven by higher revenue. お知らせ • Dec 04
Repower Energy Development Corporation (PSE:REDC) acquired 95% stake in Maramag Hydropower Corporation for PHP 32.2 million. Repower Energy Development Corporation (PSE:REDC) acquired 95% stake in Maramag Hydropower Corporation for PHP 32.2 million on December 2, 2025. A cash consideration of PHP 32.1 million will be paid by Repower Energy Development Corporation. As part of consideration, PHP 32.2 million is paid towards common equity of Maramag Hydropower Corporation.
Repower Energy Development Corporation (PSE:REDC) completed the acquisition of 95% stake in Maramag Hydropower Corporation on December 2, 2025. Valuation Update With 7 Day Price Move • Nov 28
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₱6.36, the stock trades at a trailing P/E ratio of 18.7x. Average trailing P/E is 7x in the Renewable Energy industry in Philippines. Total returns to shareholders of 23% over the past year. お知らせ • Nov 13
Repower Energy Development Corporation announces Annual dividend, payable on January 12, 2026 Repower Energy Development Corporation announced Annual dividend of PHP 0.0800 per share payable on January 12, 2026, ex-date on December 10, 2025 and record date on December 11, 2025. Reported Earnings • Nov 13
Third quarter 2025 earnings released Third quarter 2025 results: Revenue: ₱167.1m (up 45% from 3Q 2024). Net income: ₱70.6m (up ₱61.6m from 3Q 2024). Profit margin: 42% (up from 7.8% in 3Q 2024). The increase in margin was primarily driven by higher revenue. Reported Earnings • Aug 13
Second quarter 2025 earnings released: EPS: ₱0.08 (vs ₱0.04 in 2Q 2024) Second quarter 2025 results: EPS: ₱0.08 (up from ₱0.04 in 2Q 2024). Revenue: ₱178.7m (up 61% from 2Q 2024). Net income: ₱53.8m (up 133% from 2Q 2024). Profit margin: 30% (up from 21% in 2Q 2024). The increase in margin was driven by higher revenue. お知らせ • Jul 08
Repower Energy Development Corporation Approves Executive Committee Changes Repower Energy Development Corporation held its Annual Stockholder's Meeting on July 7, 2025. The following directors and officers were likewise elected as members of the different Board committees pursuant to the Corporation's By-Laws and Revised Manual of Corporate Governance, to serve as such for the ensuing year until their successors have been duly elected and qualified: Executive Committee: Eric Peter Y. Roxas - Chairman; Ryotaro Sumi- Member; Charlie T. Sy - Member. お知らせ • May 29
Repower Energy Development Corporation, Annual General Meeting, Jul 07, 2025 Repower Energy Development Corporation, Annual General Meeting, Jul 07, 2025, at 09:00 W. Australia Standard Time. Location: via videconference, Philippines New Risk • May 14
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 22% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.1x net interest cover). High level of non-cash earnings (22% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (24% net profit margin). Market cap is less than US$100m (₱3.36b market cap, or US$60.2m). Reported Earnings • May 04
Full year 2024 earnings released: EPS: ₱0.17 (vs ₱0.33 in FY 2023) Full year 2024 results: EPS: ₱0.17 (down from ₱0.33 in FY 2023). Revenue: ₱533.4m (up 17% from FY 2023). Net income: ₱108.0m (down 35% from FY 2023). Profit margin: 20% (down from 36% in FY 2023). The decrease in margin was driven by higher expenses. New Risk • Nov 18
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: 26% Last year net profit margin: 39% 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 Risks Interest payments are not well covered by earnings (2.3x net interest cover). High level of non-cash earnings (42% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (26% net profit margin). Market cap is less than US$100m (₱3.36b market cap, or US$57.2m). Reported Earnings • Nov 13
Third quarter 2024 earnings released: EPS: ₱0.02 (vs ₱0.093 in 3Q 2023) Third quarter 2024 results: EPS: ₱0.02 (down from ₱0.093 in 3Q 2023). Revenue: ₱115.3m (up 12% from 3Q 2023). Net income: ₱9.03m (down 75% from 3Q 2023). Profit margin: 7.8% (down from 35% in 3Q 2023). The decrease in margin was driven by higher expenses. Reported Earnings • Aug 14
Second quarter 2024 earnings released: EPS: ₱0.04 (vs ₱0.093 in 2Q 2023) Second quarter 2024 results: EPS: ₱0.04 (down from ₱0.093 in 2Q 2023). Revenue: ₱110.8m (up 7.3% from 2Q 2023). Net income: ₱23.0m (down 37% from 2Q 2023). Profit margin: 21% (down from 35% in 2Q 2023). The decrease in margin was driven by higher expenses. お知らせ • Jul 02
Repower Energy Development Corporation Announces Committee Changes Repower Energy Development Corporation at its Annual Stockholder's Meeting held on July 2, 2024 announced election of committee members for the upcoming year. The Executive committee consists of: Eric Peter Y. Roxas- Chairman; Ryotaro Sumi- Member; Charlie T. Sy- Member, the Audit Committee consists of: Antonio Felix C. Carag- Chairman; Edmond P. Maceda- Member; Eric Peter Y. Roxas- Member, the Board Risk Oversight Committee consists of: Charlie T. Sy- Chairman; Antonio Felix C. Carag- Member; Ryan Wesley T. Yapkianwee- Member, the Corporate Governance Committee consists of: Edmond P. Maceda- Chairman; Antonio Felix C. Carag- Member; Nicholas Anthony N. Te- Member, the Nominations Committee consists of: Ryan Wesley T. Yapkianwee- Chairman; Edmond P. Maceda- Member; Nicholas Anthony N. Te- Member. お知らせ • May 11
Repower Energy Development Corporation, Annual General Meeting, Jul 02, 2024 Repower Energy Development Corporation, Annual General Meeting, Jul 02, 2024, at 11:00 W. Australia Standard Time. Location: via videconference in accordance with the rules of, the sec, Philippines Reported Earnings • May 02
Full year 2023 earnings released: EPS: ₱0.32 (vs ₱0.33 in FY 2022) Full year 2023 results: EPS: ₱0.32. Revenue: ₱456.6m (up 20% from FY 2022). Net income: ₱165.1m (up 19% from FY 2022). Profit margin: 36% (in line with FY 2022). New Risk • Apr 15
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 7.6% 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: Major Risk High level of non-cash earnings (28% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Market cap is less than US$100m (₱3.25b market cap, or US$57.2m). Valuation Update With 7 Day Price Move • Nov 04
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₱7.04, the stock trades at a trailing P/E ratio of 32.9x. Average trailing P/E is 7x in the Renewable Energy industry in Philippines. お知らせ • Aug 10
Repower Energy Development Corporation Announces Executive Changes Repower Energy Development Corporation announced that in compliance with SEC rules and recommended good corporate governance practices, the following changes within the corporate organization have been approved: Mr. Roberto B. Uy's resignation as Vice President and Compliance Officer has been accepted. Mr. Reynaldo Piamonte was appointed as Vice President. Prior to joining the Company, Mr. Piamonte was Assistant Director - Supply Chain Management at Globe Telecom Inc., the company he was with from 2007-2023.Mr. Piamonte obtained his Bachelor of Science in Electronics andCommunications Engineering from De La Salle University (Manila). Atty. Susan Bertulfo-Carisma resigned as Corporate Secretary and was appointed to the position of Compliance Officer, in addition to her role as VP - Legal and Corporate Affairs. Atty. Ann Margaret Lorenzo has been appointed as Corporate Secretary. Ms. Lorenzo is a Senior Associate at Tan Venturanza Valdez and serves as Corporate Secretary/Assistant Corporate Secretary in various publicly-listed and/or reporting companies. She finished her Juris Doctor and BA English Studies at the University of the Philippines (Diliman) in 2014 and 2010, respectively. She was admitted to the Philippine bar in 2015. Effective date of resignation of Roberto B. Uy: August 7, 2023. Reason: personal reasons. Effective date of resignation of Susan Bertulfo-Carisma: August 7, 2023. Reason: To assume Compliance Officer position. Reynaldo Piamonte, Susan Bertulfo-Carisma and Ann Margaret Lorenzo appointments are effective from August 7, 2023. New Risk • Aug 10
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. 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 Risk Shares are highly illiquid. Minor Risks High level of debt (141% net debt to equity). Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Market cap is less than US$100m (₱3.37b market cap, or US$60.1m). Board Change • Jul 24
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Director Antonio Felix Carag was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.