Reported Earnings • May 01
Full year 2025 earnings released: RM0.25 loss per share (vs RM29.15 loss in FY 2024) Full year 2025 results: RM0.25 loss per share. Revenue: RM120.7m (up 34% from FY 2024). Net loss: RM7.76m (loss widened 51% from FY 2024). お知らせ • Apr 12
Founder Group Limited Regains Compliance with Nasdaq's Minimum Publicly Held Shares Requirement Founder Group Limited announced that on April 9, 2026, it received a letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC confirming that the Company has regained compliance with Nasdaq's minimum publicly held shares requirement under Listing Rule 5550(a)(4). New Risk • Feb 28
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Over 6x increase in shares outstanding. 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (32% average weekly change). Earnings have declined by 63% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 6x increase in shares outstanding). Minor Risk Market cap is less than US$100m (US$12.8m market cap). Recent Insider Transactions Derivative • Dec 22
Chairman of the Board & CEO notifies of intention to sell stock Seng Chi Lee intends to sell 300k shares in the next 90 days after lodging an Intent To Sell Form on the 16th of December. If the sale is conducted around the recent share price of US$0.38, it would amount to US$114k. Since June 2025, Seng Chi has owned 4.83m shares directly. There have been no trades via on-market transactions or options from company insiders in the last 12 months. Reported Earnings • Nov 25
First half 2025 earnings released: RM0.10 loss per share (vs RM0.11 loss in 1H 2024) First half 2025 results: RM0.10 loss per share. Revenue: RM55.5m (up 82% from 1H 2024). Net loss: RM1.93m (loss widened 13% from 1H 2024). お知らせ • Nov 21
Founder Group Limited, Annual General Meeting, Dec 05, 2025 Founder Group Limited, Annual General Meeting, Dec 05, 2025. New Risk • Nov 12
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2024. 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 Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (23% average weekly change). Revenue has declined by 39% over the past year. Market cap is less than US$10m (US$8.65m market cap). Minor Risk Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). New Risk • Sep 30
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: US$8.93m 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (18% average weekly change). Revenue has declined by 39% over the past year. Market cap is less than US$10m (US$8.93m market cap). New Risk • Sep 28
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 American stocks, typically moving 17% 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (17% average weekly change). Revenue has declined by 39% over the past year. Minor Risk Market cap is less than US$100m (US$11.6m market cap). New Risk • Jun 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 American stocks, typically moving 12% 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). Revenue has declined by 39% over the past year. Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Market cap is less than US$100m (US$16.1m market cap). Reported Earnings • Apr 27
Full year 2024 earnings released: RM0.29 loss per share (vs RM0.46 profit in FY 2023) Full year 2024 results: RM0.29 loss per share (down from RM0.46 profit in FY 2023). Revenue: RM90.3m (down 39% from FY 2023). Net loss: RM5.15m (down 172% from profit in FY 2023). Valuation Update With 7 Day Price Move • Apr 17
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to US$1.53, the stock trades at a trailing P/E ratio of 40.7x. Average trailing P/E is 21x in the Construction industry in the US. Valuation Update With 7 Day Price Move • Jan 27
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to US$1.58, the stock trades at a trailing P/E ratio of 41.9x. Average trailing P/E is 36x in the Construction industry in the US. Valuation Update With 7 Day Price Move • Dec 31
Investor sentiment deteriorates as stock falls 29% After last week's 29% share price decline to US$1.29, the stock trades at a trailing P/E ratio of 34.9x. Average trailing P/E is 33x in the Construction industry in the US. Reported Earnings • Dec 18
First half 2024 earnings released First half 2024 results: RM0.11 loss per share. Net loss: RM1.71m (flat on 1H 2023). Valuation Update With 7 Day Price Move • Dec 04
Investor sentiment improves as stock rises 28% After last week's 28% share price gain to US$3.06, the stock trades at a trailing P/E ratio of 32.3x. Average trailing P/E is 38x in the Construction industry in the US. お知らせ • Nov 27
Founder Group Limited (NasdaqCM:FGL) agreed to acquire 80% stake in VES 1 Joint Stock Company from VES Joint Stock Company Founder Group Limited (NasdaqCM:FGL) agreed to acquire 80% stake in VES 1 Joint Stock Company from VES Joint Stock Company on November 25, 2024. Valuation Update With 7 Day Price Move • Nov 20
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to US$1.95, the stock trades at a trailing P/E ratio of 20.7x. Average trailing P/E is 35x in the Construction industry in the US.