Reported Earnings • Jul 16
Second quarter 2026 earnings released: ₱0.008 loss per share (vs ₱0.034 profit in 2Q 2025) Second quarter 2026 results: ₱0.008 loss per share (down from ₱0.034 profit in 2Q 2025). Net loss: ₱8.12m (down 126% from profit in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Reported Earnings • May 16
First quarter 2026 earnings released: ₱0.005 loss per share (vs ₱0.023 loss in 1Q 2025) First quarter 2026 results: ₱0.005 loss per share (improved from ₱0.023 loss in 1Q 2025). Net loss: ₱4.62m (loss narrowed 78% from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. Board Change • May 14
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Orlando Mercado was the last independent director to join the board, commencing their role in 2026. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • May 05
Full year 2025 earnings released: ₱0.01 loss per share (vs ₱0.044 loss in FY 2024) Full year 2025 results: ₱0.01 loss per share (improved from ₱0.044 loss in FY 2024). Net loss: ₱8.06m (loss narrowed 81% from FY 2024). Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Board Change • Apr 06
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Rodolfo Santiago was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. New Risk • Feb 13
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 9.2% 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 Less than 1 year of cash runway based on free cash flow trend (-₱72m free cash flow). Earnings have declined by 26% per year over the past 5 years. Revenue is less than US$1m (₱11m revenue, or US$192k). Market cap is less than US$10m (₱146.7m market cap, or US$2.53m). Minor Risk Share price has been volatile over the past 3 months (9.2% average weekly change). Board Change • Feb 03
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Rodolfo Santiago was the last independent director to join the board, commencing their role in 2022. 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 • Dec 15
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. 2 experienced directors. 5 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Rodolfo Santiago was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. New Risk • Nov 15
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -₱72m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₱72m free cash flow). Earnings have declined by 26% per year over the past 5 years. Revenue is less than US$1m (₱11m revenue, or US$188k). Market cap is less than US$10m (₱107.3m market cap, or US$1.82m). Reported Earnings • Nov 15
Third quarter 2025 earnings released: ₱0.012 loss per share (vs ₱0.002 loss in 3Q 2024) Third quarter 2025 results: ₱0.012 loss per share (further deteriorated from ₱0.002 loss in 3Q 2024). Net loss: ₱11.5m (loss widened ₱10.1m from 3Q 2024). 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 21% per year, which means it is significantly lagging earnings. Board Change • Sep 23
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 1 experienced director. 5 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Rodolfo Santiago was the last independent director to join the board, commencing their role in 2022. 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 • Jul 23
Second quarter 2025 earnings released: EPS: ₱0.032 (vs ₱0.018 loss in 2Q 2024) Second quarter 2025 results: EPS: ₱0.032 (up from ₱0.018 loss in 2Q 2024). Net income: ₱30.8m (up ₱47.0m from 2Q 2024). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Board Change • Jul 23
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 1 experienced director. 5 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Rodolfo Santiago was the last independent director to join the board, commencing their role in 2022. 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 • Jul 03
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 1 experienced director. 5 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Rodolfo Santiago was the last independent director to join the board, commencing their role in 2022. 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 • Jun 13
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 1 experienced director. 5 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Rodolfo Santiago was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. New Risk • May 28
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 7.8% 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 Revenue is less than US$1m (₱323k revenue, or US$5.8k). Market cap is less than US$10m (₱109.1m market cap, or US$1.97m). Minor Risk Share price has been volatile over the past 3 months (7.8% average weekly change). 공고 • May 15
Mabuhay Holdings Corporation, Annual General Meeting, Jun 24, 2025 Mabuhay Holdings Corporation, Annual General Meeting, Jun 24, 2025, at 14:00 W. Australia Standard Time. Location: makati Philippines Reported Earnings • Apr 30
Full year 2024 earnings released: ₱0.044 loss per share (vs ₱0.065 loss in FY 2023) Full year 2024 results: ₱0.044 loss per share (improved from ₱0.065 loss in FY 2023). Net loss: ₱43.1m (loss narrowed 32% from FY 2023). 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 24% per year, which means it is significantly lagging earnings. Board Change • Apr 29
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 1 experienced director. 5 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Rodolfo Santiago was the last independent director to join the board, commencing their role in 2022. 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 04
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 1 experienced director. 5 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Rodolfo Santiago was the last independent director to join the board, commencing their role in 2022. 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 • Nov 06
Third quarter 2024 earnings released: ₱0.001 loss per share (vs ₱0.05 loss in 3Q 2023) Third quarter 2024 results: ₱0.001 loss per share (improved from ₱0.05 loss in 3Q 2023). Net loss: ₱1.44m (loss narrowed 97% from 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 30% per year, which means it is performing significantly worse than earnings. New Risk • Aug 21
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 11% 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 Revenue is less than US$1m (₱8.4m revenue, or US$149k). Market cap is less than US$10m (₱197.1m market cap, or US$3.49m). Minor Risk Share price has been volatile over the past 3 months (11% average weekly change). Reported Earnings • Aug 01
Second quarter 2024 earnings released: ₱0.017 loss per share (vs ₱0.021 loss in 2Q 2023) Second quarter 2024 results: ₱0.017 loss per share (improved from ₱0.021 loss in 2Q 2023). Net loss: ₱16.2m (loss narrowed 20% from 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 29% per year, which means it has not declined as severely as earnings. 공고 • May 25
Mabuhay Holdings Corporation, Annual General Meeting, Jun 25, 2024 Mabuhay Holdings Corporation, Annual General Meeting, Jun 25, 2024, at 14:00 W. Australia Standard Time. Location: makati city Philippines Reported Earnings • Apr 17
Full year 2023 earnings released: ₱0.06 loss per share (vs ₱0.074 loss in FY 2022) Full year 2023 results: ₱0.06 loss per share (improved from ₱0.074 loss in FY 2022). Net loss: ₱63.2m (loss narrowed 13% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance. New Risk • Jan 29
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 (₱8.9m revenue, or US$158k). Market cap is less than US$10m (₱133.9m market cap, or US$2.37m). New Risk • Nov 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 9.3% 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 Revenue is less than US$1m (₱8.9m revenue, or US$161k). Market cap is less than US$10m (₱101.8m market cap, or US$1.84m). Minor Risk Share price has been volatile over the past 3 months (9.3% average weekly change). Reported Earnings • Nov 15
Third quarter 2023 earnings released: ₱0.05 loss per share (vs ₱0.034 loss in 3Q 2022) Third quarter 2023 results: ₱0.05 loss per share (further deteriorated from ₱0.034 loss in 3Q 2022). Net loss: ₱48.9m (loss widened 47% from 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 36% per year, which means it has not declined as severely as earnings. Reported Earnings • Jul 23
Second quarter 2023 earnings released: ₱0.021 loss per share (vs ₱0.004 loss in 2Q 2022) Second quarter 2023 results: ₱0.021 loss per share (further deteriorated from ₱0.004 loss in 2Q 2022). Net loss: ₱20.2m (loss widened 388% from 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has fallen by 30% per year, which means it is performing significantly worse than earnings. 공고 • Jun 14
Mabuhay Holdings Corporation, Annual General Meeting, Sep 18, 2023 Mabuhay Holdings Corporation, Annual General Meeting, Sep 18, 2023, at 14:00 Singapore Standard Time. Location: Makati City Metro Manila Philippines Reported Earnings • Apr 19
Full year 2022 earnings released: ₱0.074 loss per share (vs ₱0.036 loss in FY 2021) Full year 2022 results: ₱0.074 loss per share (further deteriorated from ₱0.036 loss in FY 2021). Net loss: ₱72.4m (loss widened 103% from FY 2021). Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings. Board Change • Nov 16
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 1 experienced director. 5 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Rodrigo Supena 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. 공고 • Oct 05
Mabuhay Holdings Corporation, Annual General Meeting, Nov 28, 2022 Mabuhay Holdings Corporation, Annual General Meeting, Nov 28, 2022, at 14:00 Singapore Standard Time. Reported Earnings • Jul 29
Second quarter 2022 earnings released: ₱0.004 loss per share (vs ₱0.004 profit in 2Q 2021) Second quarter 2022 results: ₱0.004 loss per share (down from ₱0.004 profit in 2Q 2021). Net loss: ₱4.14m (down 202% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings. Reported Earnings • May 17
First quarter 2022 earnings released: ₱0.035 loss per share (vs ₱0.01 loss in 1Q 2021) First quarter 2022 results: ₱0.035 loss per share (down from ₱0.01 loss in 1Q 2021). Net loss: ₱34.2m (loss widened 211% from 1Q 2021). Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Board Change • Apr 27
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 1 experienced director. 5 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Rodrigo Supena 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 • Nov 18
Third quarter 2021 earnings released: ₱0.049 loss per share (vs ₱0.069 profit in 3Q 2020) Third quarter 2021 results: Net loss: ₱48.0m (down 171% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 18
Second quarter 2021 earnings released: EPS ₱0.014 (vs ₱0.023 in 2Q 2020) Second quarter 2021 results: Net income: ₱4.08m (down 82% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Mar 16
New 90-day low: ₱0.48 The company is down 16% from a price of ₱0.57 on 16 December 2020. Underperformed the Filipino market, which is down 6.0% over the last 90 days. Lagged the Diversified Financial industry, which is down 3.0% over the same period. Is New 90 Day High Low • Jan 12
New 90-day high: ₱0.66 The company is up 36% from its price of ₱0.48 on 15 October 2020. The Filipino market is up 23% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Diversified Financial industry, which is up 14% over the same period. Reported Earnings • Nov 17
Third quarter 2020 earnings released: EPS ₱0.069 Third quarter 2020 results: Net income: ₱67.3m (up ₱111.4m from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Oct 03
New 90-day low: ₱0.45 The company is down 15% from its price of ₱0.53 on 03 July 2020. The Filipino market is down 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Diversified Financial industry, which is up 1.0% over the same period. 
