공시 • May 29
MPICO plc, Annual General Meeting, Jun 27, 2025 MPICO plc, Annual General Meeting, Jun 27, 2025. Location: physically at sunbird capital hotel, lilongwe, Malawi Upcoming Dividend • Jul 05
Upcoming dividend of MK0.38 per share Eligible shareholders must have bought the stock before 10 July 2024. Payment date: 26 July 2024. Payout ratio is a comfortable 13% but the company is not cash flow positive. Trailing yield: 2.4%. Lower than top quartile of Malawian dividend payers (3.4%). Lower than average of industry peers (5.5%). Board Change • Jul 02
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Martha Mkandawire 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. Reported Earnings • Jun 15
Full year 2023 earnings released: EPS: MK0.024 (vs MK2.49 in FY 2022) Full year 2023 results: EPS: MK0.024 (down from MK2.49 in FY 2022). Revenue: MK8.41b (up 20% from FY 2022). Net income: MK5.47b (down 4.5% from FY 2022). Profit margin: 65% (down from 82% in FY 2022). Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. 공시 • Jun 05
MPICO plc, Annual General Meeting, Jun 28, 2024 MPICO plc, Annual General Meeting, Jun 28, 2024. Location: amaryllis hotel, blantyre Malawi New Risk • Mar 13
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. 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: Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Revenue is less than US$5m (MK7.4b revenue, or US$4.7m). Market cap is less than US$100m (MK33.8b market cap, or US$21.7m). Board Change • Sep 15
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. 6 non-independent directors. Independent Non-Executive Director Felix Mangani was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 28
First half 2023 earnings released First half 2023 results: EPS: MK1.64. Net income: MK3.77b (up MK3.77b from 1H 2022). Board Change • Aug 18
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. 6 non-independent directors. Independent Non-Executive Director Felix Mangani was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Jul 05
Upcoming dividend of MK0.22 per share at 1.7% yield Eligible shareholders must have bought the stock before 12 July 2023. Payment date: 28 July 2023. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Malawian dividend payers (3.4%). Lower than average of industry peers (7.6%). Reported Earnings • Jun 04
Full year 2022 earnings released: EPS: MK2.49 (vs MK2.05 in FY 2021) Full year 2022 results: EPS: MK2.49 (up from MK2.05 in FY 2021). Revenue: MK7.87b (up 17% from FY 2021). Net income: MK5.73b (up 22% from FY 2021). Profit margin: 73% (up from 70% in FY 2021). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Board Change • May 10
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. 6 non-independent directors. Independent Non-Executive Director Felix Mangani was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Apr 01
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. 6 non-independent directors. Independent Non-Executive Director Felix Mangani was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Feb 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. 6 non-independent directors. Independent Non-Executive Director Felix Mangani was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jan 19
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. 6 non-independent directors. Independent Non-Executive Director Felix Mangani was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Dec 30
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. 6 non-independent directors. Independent Non-Executive Director Felix Mangani was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Nov 30
Upcoming dividend of MK0.14 per share Eligible shareholders must have bought the stock before 07 December 2022. Payment date: 16 December 2022. Trailing yield: 1.8%. Lower than top quartile of Malawian dividend payers (3.7%). Lower than average of industry peers (6.1%). Board Change • Nov 25
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. 6 non-independent directors. Independent Non-Executive Director Felix Mangani was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Aug 26
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. 6 non-independent directors. Independent Non-Executive Director Felix Mangani was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jun 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. 7 experienced directors. No highly experienced directors. 1 independent director (6 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • May 31
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. 7 experienced directors. No highly experienced directors. 1 independent director (6 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Mar 29
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. 7 experienced directors. No highly experienced directors. 1 independent director (6 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Feb 01
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. 7 experienced directors. No highly experienced directors. 1 independent director (6 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Jan 11
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. 7 experienced directors. No highly experienced directors. 1 independent director (6 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Nov 10
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. 7 experienced directors. No highly experienced directors. 1 independent director (6 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Upcoming Dividend • Sep 29
Upcoming dividend of MK0.12 per share Eligible shareholders must have bought the stock before 06 October 2021. Payment date: 22 October 2021. Trailing yield: 1.3%. Lower than top quartile of Malawian dividend payers (4.9%). Lower than average of industry peers (5.7%). Board Change • Sep 28
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. 7 experienced directors. No highly experienced directors. 1 independent director (6 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Upcoming Dividend • Jul 21
Upcoming dividend of MK0.28 per share Eligible shareholders must have bought the stock before 28 July 2021. Payment date: 06 August 2021. Trailing yield: 1.8%. Lower than top quartile of Malawian dividend payers (4.2%). Lower than average of industry peers (5.6%).