View Future GrowthThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest Events2GO Group 과거 순이익 실적과거 기준 점검 3/62GO Group은 연평균 8%의 비율로 수입이 증가해 온 반면, Shipping 산업은 수입이 3.5% 증가했습니다. 매출은 연평균 5.1%의 비율로 감소했습니다. 2GO Group의 자기자본이익률은 45.3%이고 순이익률은 2.6%입니다.핵심 정보7.96%순이익 성장률7.73%주당순이익(EPS) 성장률Shipping 산업 성장률41.61%매출 성장률-5.13%자기자본이익률45.29%순이익률2.60%최근 순이익 업데이트31 Mar 2023최근 과거 실적 업데이트Reported Earnings • May 13First quarter 2023 earnings released: EPS: ₱0.076 (vs ₱0.014 loss in 1Q 2022)First quarter 2023 results: EPS: ₱0.076 (up from ₱0.014 loss in 1Q 2022). Revenue: ₱5.16b (up 29% from 1Q 2022). Net income: ₱186.8m (up ₱221.7m from 1Q 2022). Profit margin: 3.6% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.Reported Earnings • Feb 28Full year 2022 earnings released: EPS: ₱0.13 (vs ₱0.47 loss in FY 2021)Full year 2022 results: EPS: ₱0.13 (up from ₱0.47 loss in FY 2021). Revenue: ₱19.3b (up 25% from FY 2021). Net income: ₱308.8m (up ₱1.45b from FY 2021). Profit margin: 1.6% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: ₱0.067 (vs ₱0.14 loss in 3Q 2021)Third quarter 2022 results: EPS: ₱0.067 (up from ₱0.14 loss in 3Q 2021). Revenue: ₱5.10b (up 37% from 3Q 2021). Net income: ₱165.3m (up ₱506.6m from 3Q 2021). Profit margin: 3.2% (up from net loss in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.Reported Earnings • Aug 18Second quarter 2022 earnings released: EPS: ₱0.044 (vs ₱0.13 loss in 2Q 2021)Second quarter 2022 results: EPS: ₱0.044 (up from ₱0.13 loss in 2Q 2021). Revenue: ₱4.71b (up 24% from 2Q 2021). Net income: ₱108.1m (up ₱416.8m from 2Q 2021). Profit margin: 2.3% (up from net loss in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 10% per year and the company’s share price has also fallen by 10% per year.Reported Earnings • May 14First quarter 2022 earnings released: ₱0.014 loss per share (vs ₱0.12 loss in 1Q 2021)First quarter 2022 results: ₱0.014 loss per share (up from ₱0.12 loss in 1Q 2021). Revenue: ₱3.99b (flat on 1Q 2021). Net loss: ₱34.9m (loss narrowed 88% from 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 18% per year whereas the company’s share price has fallen by 16% per year.Reported Earnings • Apr 14Full year 2021 earnings released: ₱0.47 loss per share (vs ₱0.75 loss in FY 2020)Full year 2021 results: ₱0.47 loss per share (up from ₱0.75 loss in FY 2020). Revenue: ₱15.4b (down 12% from FY 2020). Net loss: ₱1.14b (loss narrowed 38% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.모든 업데이트 보기Recent updates공시 • Jul 03The Philippine Stock Exchange Oks 2GO's Voluntary DelistingThe Philippine Stock Exchange, on June 29, 2023, approved the voluntary delisting of logistics and transportation firm 2GO Group Inc. effective July 17. The firm's board of directors and stockholders approved the decision to quit the PSE's main board in February. 2GO said at the time that its share price no longer reflected its intrinsic value.공시 • May 192GO Group Set to Voluntarily Delist from Philippine Stock Exchange Starting July 172GO Group, Inc. has filed a petition to finally delist from the main board of the Philippine Stock Exchange (PSE) effective on July 17. In a regulatory filing on May 18, 2023, 2GO said the voluntary delisting was proposed by and is fully supported by its two major shareholders, SM Investments Corp. (SMIC) and Trident Investments Holdings Pte. Ltd. The move is the final step in the company’s bid to go private, which started on Feb. 28, when the board of directors of SMIC approved the holding of a voluntary tender offer for up to 378,817,279 common shares or 15.39% of the issued and outstanding common stock of 2GO. The shares were priced based on a fairness valuation report prepared by BPI Capital Corp. The tender offer was conducted by SMIC with a view to the voluntary delisting of 2GO’s common shares from the main board of the stock exchange. During 2GO’s annual stockholders’ meeting on April 18, shareholders owning 2,409,564,081 common shares or 97.86% of the outstanding common stock of the company voted in favor of the voluntary delisting with no shareholder voting against the move.Reported Earnings • May 13First quarter 2023 earnings released: EPS: ₱0.076 (vs ₱0.014 loss in 1Q 2022)First quarter 2023 results: EPS: ₱0.076 (up from ₱0.014 loss in 1Q 2022). Revenue: ₱5.16b (up 29% from 1Q 2022). Net income: ₱186.8m (up ₱221.7m from 1Q 2022). Profit margin: 3.6% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.Reported Earnings • Feb 28Full year 2022 earnings released: EPS: ₱0.13 (vs ₱0.47 loss in FY 2021)Full year 2022 results: EPS: ₱0.13 (up from ₱0.47 loss in FY 2021). Revenue: ₱19.3b (up 25% from FY 2021). Net income: ₱308.8m (up ₱1.45b from FY 2021). Profit margin: 1.6% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: ₱0.067 (vs ₱0.14 loss in 3Q 2021)Third quarter 2022 results: EPS: ₱0.067 (up from ₱0.14 loss in 3Q 2021). Revenue: ₱5.10b (up 37% from 3Q 2021). Net income: ₱165.3m (up ₱506.6m from 3Q 2021). Profit margin: 3.2% (up from net loss in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.Reported Earnings • Aug 18Second quarter 2022 earnings released: EPS: ₱0.044 (vs ₱0.13 loss in 2Q 2021)Second quarter 2022 results: EPS: ₱0.044 (up from ₱0.13 loss in 2Q 2021). Revenue: ₱4.71b (up 24% from 2Q 2021). Net income: ₱108.1m (up ₱416.8m from 2Q 2021). Profit margin: 2.3% (up from net loss in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 10% per year and the company’s share price has also fallen by 10% per year.Board Change • May 31High number of new directorsNon-Independent Director Stephen Ly was the last director to join the board, commencing their role in 2021.Reported Earnings • May 14First quarter 2022 earnings released: ₱0.014 loss per share (vs ₱0.12 loss in 1Q 2021)First quarter 2022 results: ₱0.014 loss per share (up from ₱0.12 loss in 1Q 2021). Revenue: ₱3.99b (flat on 1Q 2021). Net loss: ₱34.9m (loss narrowed 88% from 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 18% per year whereas the company’s share price has fallen by 16% per year.Board Change • Apr 27High number of new directorsNon-Independent Director Stephen Ly was the last director to join the board, commencing their role in 2021.Reported Earnings • Apr 14Full year 2021 earnings released: ₱0.47 loss per share (vs ₱0.75 loss in FY 2020)Full year 2021 results: ₱0.47 loss per share (up from ₱0.75 loss in FY 2020). Revenue: ₱15.4b (down 12% from FY 2020). Net loss: ₱1.14b (loss narrowed 38% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.공시 • Apr 07+ 1 more update2GO Group, Inc. Announces Change of Corporate Governance and Compliance OfficerAt the meeting of the Board of Directors of 2GO Group, Inc. held on April 6, 2022, the Board accepted the resignation of Mr. Noel Ang as Corporate Governance and Compliance Officer of 2GO. At the same meeting, the Board approved the appointment of Atty. Jufil E. Siquian as the new Corporate Governance and Compliance Officer. Atty. Siquian has is currently Head of Legal- AVP of 2GO. He started his career as a Junior Associate for five yearsin law firms before joining the corporate world. He joined RFM Corporation in 2007 as a Corporate Legal Counsel and moved up to the rank of Assistant Vice President and Head of Corporate Legal & Labor Relations and CorporateSecretary. He spent 11 years with RFM Corporation before joining Coca- Cola Beverages Philippines then moved to his latest stint with Carlsberg Group, based in Cambodia as Legal Director.Executive Departure • Dec 01Chief Operating Officer Waldo Basilla has left the companyOn the 20th of November, Waldo Basilla's tenure as Chief Operating Officer ended. We don't have any record of a personal shareholding under Waldo's name. A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 1.42 years, which is considered inexperienced in the Simply Wall St Risk Model.Reported Earnings • Nov 13Third quarter 2021 earnings released: ₱0.14 loss per share (vs ₱0.13 loss in 3Q 2020)The company reported a poor third quarter result with increased losses, weaker revenues and weaker control over costs. Third quarter 2021 results: Revenue: ₱3.71b (down 19% from 3Q 2020). Net loss: ₱341.3m (loss widened 9.5% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.Reported Earnings • Aug 18Second quarter 2021 earnings released: ₱0.13 loss per share (vs ₱0.25 loss in 2Q 2020)The company reported a decent second quarter result with reduced losses and improved control over expenses, although revenues were weaker. Second quarter 2021 results: Revenue: ₱3.80b (down 3.2% from 2Q 2020). Net loss: ₱308.7m (loss narrowed 50% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.Reported Earnings • May 20First quarter 2021 earnings released: ₱0.12 loss per share (vs ₱0.044 loss in 1Q 2020)The company reported a poor first quarter result with increased losses, weaker revenues and weaker control over costs. First quarter 2021 results: Revenue: ₱3.99b (down 23% from 1Q 2020). Net loss: ₱291.1m (loss widened 167% from 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.Executive Departure • Apr 17Lead Independent Non-Executive Director has left the companyOn the 15th of April, Joseph Tan's tenure as Lead Independent Non-Executive Director ended after 4.2 years in the role. As of December 2020, Joseph personally held only 100.00 shares (₱830 worth at the time). A total of 2 executives have left over the last 12 months.Reported Earnings • Apr 01Full year 2020 earnings released: ₱0.75 loss per share (vs ₱0.17 loss in FY 2019)The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: ₱17.4b (down 19% from FY 2019). Net loss: ₱1.84b (loss widened 342% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings.공시 • Mar 19SM Investments Corporation (PSE:SM) authorized the conduct of a mandatory tender offer to acquire remaining 37.8% stake in 2GO Group, Inc. (PSE:2GO) for PHP 7.9 billion.SM Investments Corporation (PSE:SM) authorized the conduct of a mandatory tender offer to acquire remaining 37.8% stake in 2GO Group, Inc. (PSE:2GO) for PHP 7.9 billion on March 18, 2021. In related deal SM Investments Corporation (PSE:SM) agreed to acquire additional 31.7% stake in 2GO from Chelsea Logistics and Infrastructure Holdings Corp. on March 18, 2021.Reported Earnings • Mar 16Full year 2020 earnings released: ₱0.75 loss per share (vs ₱0.17 loss in FY 2019)The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: ₱17.4b (down 19% from FY 2019). Net loss: ₱1.84b (loss widened 342% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings.공시 • Mar 112GO Group, Inc., Annual General Meeting, Apr 23, 20212GO Group, Inc., Annual General Meeting, Apr 23, 2021, at 01:00 Coordinated Universal Time. Agenda: To consider call to Order; to consider certification of Notice and Quorum; to consider approval of Minutes of Annual Meeting of Stockholders held on June 18, 2020; to consider approval of Annual Report for 2020; to consider approval and Ratification of the Acts of the Board of Directors and Management; to consider election of Directors for 2021-2022; to consider appointment of External Auditor; to consider Other Matters.Is New 90 Day High Low • Jan 21New 90-day low: ₱8.20The company is down 8.0% from its price of ₱8.95 on 23 October 2020. The Filipino market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Shipping industry, which is up 55% over the same period.Is New 90 Day High Low • Jan 04New 90-day low: ₱8.27The company is down 3.0% from its price of ₱8.50 on 07 October 2020. The Filipino market is up 21% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Shipping industry, which is up 55% over the same period.Reported Earnings • Nov 12Third quarter 2020 earnings released: ₱0.13 loss per shareThe company reported a decent third quarter result with reduced losses and improved control over expenses, although revenues were weaker. Third quarter 2020 results: Revenue: ₱4.60b (down 14% from 3Q 2019). Net loss: ₱311.7m (loss narrowed 45% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.Is New 90 Day High Low • Nov 11New 90-day high: ₱9.25The company is up 9.0% from its price of ₱8.45 on 13 August 2020. The Filipino market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Shipping industry, which is up 27% over the same period.Is New 90 Day High Low • Oct 21New 90-day high: ₱9.20The company is up 2.0% from its price of ₱9.03 on 23 July 2020. The Filipino market is also up 2.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Shipping industry, which is up 16% over the same period.매출 및 비용 세부 내역2GO Group가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이PSE:2GO 매출, 비용 및 순이익 (PHP Millions)날짜매출순이익일반관리비연구개발비31 Mar 2320,4345311,008031 Dec 2219,268309987030 Sep 2217,703361,288030 Jun 2216,315-4711,266031 Mar 2215,412-8881,461031 Dec 2115,408-1,1441,267030 Sep 2115,220-1,742833030 Jun 2116,110-1,712694031 Mar 2116,234-2,025619031 Dec 2017,409-1,843878030 Sep 2018,880-9851,171030 Jun 2019,373-1,1471,438031 Mar 2021,085-3471,440031 Dec 1921,410-4171,054030 Sep 1919,347-7991,522030 Jun 1919,369-1,2281,585031 Mar 1919,428-1,2471,713031 Dec 1819,666-1,0281,894030 Sep 1821,433-1,0901,618030 Jun 1821,924-2341,632031 Mar 1822,428-101,444031 Dec 1719,287-3842,134030 Sep 1721,241-511,832030 Jun 1720,347-1101,738031 Mar 1719,7471131,916031 Dec 1619,0543301,744030 Sep 1618,7726161,123030 Jun 1617,6227791,186031 Mar 1616,627751985001 Jan 1616,383971,122030 Sep 1516,1561,1111,323030 Jun 1515,9821,1141,163031 Mar 1515,1599661,137031 Dec 1414,427828853030 Sep 1413,233456981030 Jun 1412,6892711,016031 Mar 1412,9192501,176031 Dec 1313,3732121,170030 Sep 1314,0703541,253030 Jun 1314,4615451,255031 Mar 1314,052-611,134031 Dec 1213,654-3661,088030 Sep 1213,600-7191,0090양질의 수익: 2GO는 고품질 수익을 보유하고 있습니다.이익 마진 증가: 2GO는 과거에 흑자전환했습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: 2GO는 지난 5년 동안 흑자전환하며 연평균 8%의 수익 성장을 기록했습니다.성장 가속화: 2GO는 지난해 흑자전환하여 5년 평균과 수익 성장률을 비교하기 어렵습니다.수익 대 산업: 2GO는 지난해 흑자전환하여 지난 해 수익 성장률을 Shipping 업계(2.8%)와 비교하기 어렵습니다.자기자본이익률높은 ROE: 2GO의 자본 수익률(45.29%)은 뛰어남이지만 높은 부채 수준으로 인해 왜곡되어 있습니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YTransportation 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2023/07/19 05:07종가2023/05/05 00:00수익2023/03/31연간 수익2022/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스2GO Group, Inc.는 0명의 분석가가 다루고 있습니다. 이 중 명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
Reported Earnings • May 13First quarter 2023 earnings released: EPS: ₱0.076 (vs ₱0.014 loss in 1Q 2022)First quarter 2023 results: EPS: ₱0.076 (up from ₱0.014 loss in 1Q 2022). Revenue: ₱5.16b (up 29% from 1Q 2022). Net income: ₱186.8m (up ₱221.7m from 1Q 2022). Profit margin: 3.6% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Feb 28Full year 2022 earnings released: EPS: ₱0.13 (vs ₱0.47 loss in FY 2021)Full year 2022 results: EPS: ₱0.13 (up from ₱0.47 loss in FY 2021). Revenue: ₱19.3b (up 25% from FY 2021). Net income: ₱308.8m (up ₱1.45b from FY 2021). Profit margin: 1.6% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: ₱0.067 (vs ₱0.14 loss in 3Q 2021)Third quarter 2022 results: EPS: ₱0.067 (up from ₱0.14 loss in 3Q 2021). Revenue: ₱5.10b (up 37% from 3Q 2021). Net income: ₱165.3m (up ₱506.6m from 3Q 2021). Profit margin: 3.2% (up from net loss in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
Reported Earnings • Aug 18Second quarter 2022 earnings released: EPS: ₱0.044 (vs ₱0.13 loss in 2Q 2021)Second quarter 2022 results: EPS: ₱0.044 (up from ₱0.13 loss in 2Q 2021). Revenue: ₱4.71b (up 24% from 2Q 2021). Net income: ₱108.1m (up ₱416.8m from 2Q 2021). Profit margin: 2.3% (up from net loss in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 10% per year and the company’s share price has also fallen by 10% per year.
Reported Earnings • May 14First quarter 2022 earnings released: ₱0.014 loss per share (vs ₱0.12 loss in 1Q 2021)First quarter 2022 results: ₱0.014 loss per share (up from ₱0.12 loss in 1Q 2021). Revenue: ₱3.99b (flat on 1Q 2021). Net loss: ₱34.9m (loss narrowed 88% from 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 18% per year whereas the company’s share price has fallen by 16% per year.
Reported Earnings • Apr 14Full year 2021 earnings released: ₱0.47 loss per share (vs ₱0.75 loss in FY 2020)Full year 2021 results: ₱0.47 loss per share (up from ₱0.75 loss in FY 2020). Revenue: ₱15.4b (down 12% from FY 2020). Net loss: ₱1.14b (loss narrowed 38% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.
공시 • Jul 03The Philippine Stock Exchange Oks 2GO's Voluntary DelistingThe Philippine Stock Exchange, on June 29, 2023, approved the voluntary delisting of logistics and transportation firm 2GO Group Inc. effective July 17. The firm's board of directors and stockholders approved the decision to quit the PSE's main board in February. 2GO said at the time that its share price no longer reflected its intrinsic value.
공시 • May 192GO Group Set to Voluntarily Delist from Philippine Stock Exchange Starting July 172GO Group, Inc. has filed a petition to finally delist from the main board of the Philippine Stock Exchange (PSE) effective on July 17. In a regulatory filing on May 18, 2023, 2GO said the voluntary delisting was proposed by and is fully supported by its two major shareholders, SM Investments Corp. (SMIC) and Trident Investments Holdings Pte. Ltd. The move is the final step in the company’s bid to go private, which started on Feb. 28, when the board of directors of SMIC approved the holding of a voluntary tender offer for up to 378,817,279 common shares or 15.39% of the issued and outstanding common stock of 2GO. The shares were priced based on a fairness valuation report prepared by BPI Capital Corp. The tender offer was conducted by SMIC with a view to the voluntary delisting of 2GO’s common shares from the main board of the stock exchange. During 2GO’s annual stockholders’ meeting on April 18, shareholders owning 2,409,564,081 common shares or 97.86% of the outstanding common stock of the company voted in favor of the voluntary delisting with no shareholder voting against the move.
Reported Earnings • May 13First quarter 2023 earnings released: EPS: ₱0.076 (vs ₱0.014 loss in 1Q 2022)First quarter 2023 results: EPS: ₱0.076 (up from ₱0.014 loss in 1Q 2022). Revenue: ₱5.16b (up 29% from 1Q 2022). Net income: ₱186.8m (up ₱221.7m from 1Q 2022). Profit margin: 3.6% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Feb 28Full year 2022 earnings released: EPS: ₱0.13 (vs ₱0.47 loss in FY 2021)Full year 2022 results: EPS: ₱0.13 (up from ₱0.47 loss in FY 2021). Revenue: ₱19.3b (up 25% from FY 2021). Net income: ₱308.8m (up ₱1.45b from FY 2021). Profit margin: 1.6% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: ₱0.067 (vs ₱0.14 loss in 3Q 2021)Third quarter 2022 results: EPS: ₱0.067 (up from ₱0.14 loss in 3Q 2021). Revenue: ₱5.10b (up 37% from 3Q 2021). Net income: ₱165.3m (up ₱506.6m from 3Q 2021). Profit margin: 3.2% (up from net loss in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
Reported Earnings • Aug 18Second quarter 2022 earnings released: EPS: ₱0.044 (vs ₱0.13 loss in 2Q 2021)Second quarter 2022 results: EPS: ₱0.044 (up from ₱0.13 loss in 2Q 2021). Revenue: ₱4.71b (up 24% from 2Q 2021). Net income: ₱108.1m (up ₱416.8m from 2Q 2021). Profit margin: 2.3% (up from net loss in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 10% per year and the company’s share price has also fallen by 10% per year.
Board Change • May 31High number of new directorsNon-Independent Director Stephen Ly was the last director to join the board, commencing their role in 2021.
Reported Earnings • May 14First quarter 2022 earnings released: ₱0.014 loss per share (vs ₱0.12 loss in 1Q 2021)First quarter 2022 results: ₱0.014 loss per share (up from ₱0.12 loss in 1Q 2021). Revenue: ₱3.99b (flat on 1Q 2021). Net loss: ₱34.9m (loss narrowed 88% from 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 18% per year whereas the company’s share price has fallen by 16% per year.
Board Change • Apr 27High number of new directorsNon-Independent Director Stephen Ly was the last director to join the board, commencing their role in 2021.
Reported Earnings • Apr 14Full year 2021 earnings released: ₱0.47 loss per share (vs ₱0.75 loss in FY 2020)Full year 2021 results: ₱0.47 loss per share (up from ₱0.75 loss in FY 2020). Revenue: ₱15.4b (down 12% from FY 2020). Net loss: ₱1.14b (loss narrowed 38% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.
공시 • Apr 07+ 1 more update2GO Group, Inc. Announces Change of Corporate Governance and Compliance OfficerAt the meeting of the Board of Directors of 2GO Group, Inc. held on April 6, 2022, the Board accepted the resignation of Mr. Noel Ang as Corporate Governance and Compliance Officer of 2GO. At the same meeting, the Board approved the appointment of Atty. Jufil E. Siquian as the new Corporate Governance and Compliance Officer. Atty. Siquian has is currently Head of Legal- AVP of 2GO. He started his career as a Junior Associate for five yearsin law firms before joining the corporate world. He joined RFM Corporation in 2007 as a Corporate Legal Counsel and moved up to the rank of Assistant Vice President and Head of Corporate Legal & Labor Relations and CorporateSecretary. He spent 11 years with RFM Corporation before joining Coca- Cola Beverages Philippines then moved to his latest stint with Carlsberg Group, based in Cambodia as Legal Director.
Executive Departure • Dec 01Chief Operating Officer Waldo Basilla has left the companyOn the 20th of November, Waldo Basilla's tenure as Chief Operating Officer ended. We don't have any record of a personal shareholding under Waldo's name. A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 1.42 years, which is considered inexperienced in the Simply Wall St Risk Model.
Reported Earnings • Nov 13Third quarter 2021 earnings released: ₱0.14 loss per share (vs ₱0.13 loss in 3Q 2020)The company reported a poor third quarter result with increased losses, weaker revenues and weaker control over costs. Third quarter 2021 results: Revenue: ₱3.71b (down 19% from 3Q 2020). Net loss: ₱341.3m (loss widened 9.5% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.
Reported Earnings • Aug 18Second quarter 2021 earnings released: ₱0.13 loss per share (vs ₱0.25 loss in 2Q 2020)The company reported a decent second quarter result with reduced losses and improved control over expenses, although revenues were weaker. Second quarter 2021 results: Revenue: ₱3.80b (down 3.2% from 2Q 2020). Net loss: ₱308.7m (loss narrowed 50% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.
Reported Earnings • May 20First quarter 2021 earnings released: ₱0.12 loss per share (vs ₱0.044 loss in 1Q 2020)The company reported a poor first quarter result with increased losses, weaker revenues and weaker control over costs. First quarter 2021 results: Revenue: ₱3.99b (down 23% from 1Q 2020). Net loss: ₱291.1m (loss widened 167% from 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.
Executive Departure • Apr 17Lead Independent Non-Executive Director has left the companyOn the 15th of April, Joseph Tan's tenure as Lead Independent Non-Executive Director ended after 4.2 years in the role. As of December 2020, Joseph personally held only 100.00 shares (₱830 worth at the time). A total of 2 executives have left over the last 12 months.
Reported Earnings • Apr 01Full year 2020 earnings released: ₱0.75 loss per share (vs ₱0.17 loss in FY 2019)The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: ₱17.4b (down 19% from FY 2019). Net loss: ₱1.84b (loss widened 342% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings.
공시 • Mar 19SM Investments Corporation (PSE:SM) authorized the conduct of a mandatory tender offer to acquire remaining 37.8% stake in 2GO Group, Inc. (PSE:2GO) for PHP 7.9 billion.SM Investments Corporation (PSE:SM) authorized the conduct of a mandatory tender offer to acquire remaining 37.8% stake in 2GO Group, Inc. (PSE:2GO) for PHP 7.9 billion on March 18, 2021. In related deal SM Investments Corporation (PSE:SM) agreed to acquire additional 31.7% stake in 2GO from Chelsea Logistics and Infrastructure Holdings Corp. on March 18, 2021.
Reported Earnings • Mar 16Full year 2020 earnings released: ₱0.75 loss per share (vs ₱0.17 loss in FY 2019)The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: ₱17.4b (down 19% from FY 2019). Net loss: ₱1.84b (loss widened 342% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings.
공시 • Mar 112GO Group, Inc., Annual General Meeting, Apr 23, 20212GO Group, Inc., Annual General Meeting, Apr 23, 2021, at 01:00 Coordinated Universal Time. Agenda: To consider call to Order; to consider certification of Notice and Quorum; to consider approval of Minutes of Annual Meeting of Stockholders held on June 18, 2020; to consider approval of Annual Report for 2020; to consider approval and Ratification of the Acts of the Board of Directors and Management; to consider election of Directors for 2021-2022; to consider appointment of External Auditor; to consider Other Matters.
Is New 90 Day High Low • Jan 21New 90-day low: ₱8.20The company is down 8.0% from its price of ₱8.95 on 23 October 2020. The Filipino market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Shipping industry, which is up 55% over the same period.
Is New 90 Day High Low • Jan 04New 90-day low: ₱8.27The company is down 3.0% from its price of ₱8.50 on 07 October 2020. The Filipino market is up 21% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Shipping industry, which is up 55% over the same period.
Reported Earnings • Nov 12Third quarter 2020 earnings released: ₱0.13 loss per shareThe company reported a decent third quarter result with reduced losses and improved control over expenses, although revenues were weaker. Third quarter 2020 results: Revenue: ₱4.60b (down 14% from 3Q 2019). Net loss: ₱311.7m (loss narrowed 45% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.
Is New 90 Day High Low • Nov 11New 90-day high: ₱9.25The company is up 9.0% from its price of ₱8.45 on 13 August 2020. The Filipino market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Shipping industry, which is up 27% over the same period.
Is New 90 Day High Low • Oct 21New 90-day high: ₱9.20The company is up 2.0% from its price of ₱9.03 on 23 July 2020. The Filipino market is also up 2.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Shipping industry, which is up 16% over the same period.