공시 • Feb 16
Lorenzo Shipping Corporation, Annual General Meeting, Jun 25, 2026 Lorenzo Shipping Corporation, Annual General Meeting, Jun 25, 2026, at 09:00 W. Australia Standard Time. Location: (zoom platform), Philippines Reported Earnings • Nov 15
Third quarter 2025 earnings released: ₱0.18 loss per share (vs ₱0.23 loss in 3Q 2024) Third quarter 2025 results: ₱0.18 loss per share. Revenue: ₱354.3m (down 37% from 3Q 2024). Net loss: ₱178.1m (loss widened 41% from 3Q 2024). New Risk • Nov 07
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 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 Less than 1 year of cash runway based on free cash flow trend (-₱252m free cash flow). Earnings have declined by 42% per year over the past 5 years. Shareholders have been substantially diluted in the past year (124% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Market cap is less than US$100m (₱844.8m market cap, or US$14.3m). Board Change • Nov 07
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. 4 experienced directors. 4 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Virgilio Pena was the last independent director to join the board, commencing their role in 2019. 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 • Aug 15
Second quarter 2025 earnings released: ₱0.15 loss per share (vs ₱0.14 loss in 2Q 2024) Second quarter 2025 results: ₱0.15 loss per share (further deteriorated from ₱0.14 loss in 2Q 2024). Revenue: ₱381.8m (down 42% from 2Q 2024). Net loss: ₱151.8m (loss widened 96% from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance. Board Change • Jul 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. 4 experienced directors. 4 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Virgilio Pena was the last independent director to join the board, commencing their role in 2019. 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 30
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 12% 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 Less than 1 year of cash runway based on free cash flow trend (-₱278m free cash flow). Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 28% per year over the past 5 years. Shareholders have been substantially diluted in the past year (79% increase in shares outstanding). Market cap is less than US$10m (₱485.2m market cap, or US$8.70m). Reported Earnings • May 16
First quarter 2025 earnings released: ₱0.21 loss per share (vs ₱0.15 loss in 1Q 2024) First quarter 2025 results: ₱0.21 loss per share (further deteriorated from ₱0.15 loss in 1Q 2024). Revenue: ₱425.0m (down 33% from 1Q 2024). Net loss: ₱172.8m (loss widened 100% from 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Reported Earnings • Apr 16
Full year 2024 earnings released: ₱0.66 loss per share (vs ₱0.17 profit in FY 2023) Full year 2024 results: ₱0.66 loss per share (down from ₱0.17 profit in FY 2023). Revenue: ₱2.34b (down 29% from FY 2023). Net loss: ₱541.8m (down ₱637.6m from profit in FY 2023). Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. 공시 • Apr 08
Lorenzo Shipping Corporation, Annual General Meeting, Aug 28, 2025 Lorenzo Shipping Corporation, Annual General Meeting, Aug 28, 2025, at 09:30 W. Australia Standard Time. Board Change • Feb 18
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. 4 experienced directors. 4 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Virgilio Pena was the last independent director to join the board, commencing their role in 2019. 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 • Jan 22
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 49% 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 Share price has been highly volatile over the past 3 months (14% average weekly change). Shareholders have been substantially diluted in the past year (49% increase in shares outstanding). Minor Risk Market cap is less than US$100m (₱659.7m market cap, or US$11.3m). Reported Earnings • Nov 15
Third quarter 2024 earnings released: ₱0.23 loss per share (vs ₱0.04 loss in 3Q 2023) Third quarter 2024 results: ₱0.23 loss per share (further deteriorated from ₱0.04 loss in 3Q 2023). Revenue: ₱562.3m (down 28% from 3Q 2023). Net loss: ₱126.6m (loss widened 497% from 3Q 2023). Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 3% per year. Buy Or Sell Opportunity • Nov 05
Now 27% overvalued after recent price rise Over the last 90 days, the stock has risen 82% to ₱0.90. The fair value is estimated to be ₱0.71, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.7% over the last 3 years. Meanwhile, the company became loss making. 공시 • Aug 28
Lorenzo Shipping Corporation Announces Compliance Officer Changes, Effective August 31, 2024 The Board of Directors of Lorenzo Shipping Corporation appointed Jocelyn Hermogenes Baylon, vice Atty. Ruby Mae F. Reyes, as Compliance Officer. Effective date is August 31, 2024. Reported Earnings • Aug 15
Second quarter 2024 earnings released: ₱0.14 loss per share (vs ₱0.14 profit in 2Q 2023) Second quarter 2024 results: ₱0.14 loss per share (down from ₱0.14 profit in 2Q 2023). Revenue: ₱659.9m (down 23% from 2Q 2023). Net loss: ₱77.6m (down 198% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. 공시 • Jun 25
Lorenzo Shipping Corporation Announces Appointments to Related Party Transactions Committee During the organizational meeting held after the annual stockholders meeting on June 25, 2024, the board of directors of Lorenzo Shipping Corporation appointed the following as the chairman and members of the company's committees for the year 2024- 2025: Related party transactions committee- Virgilio L. Pena: Chairman, Independent Director. Deogracias N. Vistan- Member, Independent Director. Rene J. Buenaventura: Member, Independent Director. Antony Louis Marden: Member. Michael L. Escaler: Member. Reported Earnings • May 16
First quarter 2024 earnings released: ₱0.16 loss per share (vs ₱0.092 profit in 1Q 2023) First quarter 2024 results: ₱0.16 loss per share (down from ₱0.092 profit in 1Q 2023). Revenue: ₱635.4m (down 30% from 1Q 2023). Net loss: ₱86.2m (down 269% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 16
Full year 2023 earnings released: EPS: ₱0.17 (vs ₱0.034 in FY 2022) Full year 2023 results: EPS: ₱0.17 (up from ₱0.034 in FY 2022). Revenue: ₱3.28b (flat on FY 2022). Net income: ₱95.8m (up 415% from FY 2022). Profit margin: 2.9% (up from 0.6% in FY 2022). Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. 공시 • Apr 12
Lorenzo Shipping Corporation, Annual General Meeting, Jun 25, 2024 Lorenzo Shipping Corporation, Annual General Meeting, Jun 25, 2024, at 09:00 Singapore Standard Time. Board Change • Feb 22
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. 4 experienced directors. 4 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Virgilio Pena was the last independent director to join the board, commencing their role in 2019. 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 15
Third quarter 2023 earnings released: ₱0.04 loss per share (vs ₱0.04 profit in 3Q 2022) Third quarter 2023 results: ₱0.04 loss per share (down from ₱0.04 profit in 3Q 2022). Revenue: ₱778.5m (down 9.6% from 3Q 2022). Net loss: ₱21.2m (down 209% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 15
Second quarter 2023 earnings released: EPS: ₱0.14 (vs ₱0.13 loss in 2Q 2022) Second quarter 2023 results: EPS: ₱0.14 (up from ₱0.13 loss in 2Q 2022). Revenue: ₱853.6m (up 10.0% from 2Q 2022). Net income: ₱79.4m (up ₱153.8m from 2Q 2022). Profit margin: 9.3% (up from net loss in 2Q 2022). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. 공시 • Jun 14
Lorenzo Shipping Corporation, Annual General Meeting, Aug 10, 2023 Lorenzo Shipping Corporation, Annual General Meeting, Aug 10, 2023, at 09:00 Singapore Standard Time. Reported Earnings • Apr 18
Full year 2022 earnings released: EPS: ₱0.03 (vs ₱0.15 loss in FY 2021) Full year 2022 results: EPS: ₱0.03 (up from ₱0.15 loss in FY 2021). Revenue: ₱3.30b (up 15% from FY 2021). Net income: ₱18.6m (up ₱103.2m from FY 2021). Profit margin: 0.6% (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 19% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Board Change • Nov 16
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. 4 experienced directors. 4 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Virgilio Pena was the last independent director to join the board, commencing their role in 2019. 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 • Aug 17
Second quarter 2022 earnings released: ₱0.13 loss per share (vs ₱0.09 loss in 2Q 2021) Second quarter 2022 results: ₱0.13 loss per share (down from ₱0.09 loss in 2Q 2021). Revenue: ₱775.9m (up 8.3% from 2Q 2021). Net loss: ₱74.4m (loss widened 49% from 2Q 2021). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. 공시 • Jun 10
Lorenzo Shipping Corporation Announces Executive Changes Lorenzo Shipping Corporation announced the resignation of Jay R. Olivarez as SVP - Compliance Officer, Marie Christine Eleonor R. Enciso-Villegas as Corporate Secretary. The appointment of Greta Monica D. Trazo as Corporate Secretary, Carmella I. Dellosa as Assistant Corporate Secretary. Ruby Mae F. Reyes from Assistant Corporate Secretary to Compliance Officer. Effective date is May 30, 2022. 공시 • Jun 09
Lorenzo Shipping Corporation, Annual General Meeting, Jul 28, 2022 Lorenzo Shipping Corporation, Annual General Meeting, Jul 28, 2022, at 09:00 Singapore Standard Time. Agenda: To consider Certification of Notice and Quorum; to consider approval of Minutes of Previous Meeting; to consider presentation of Management Report; to consider approval of Audited Financial Statements as of 31 December 2021; to consider ratification of Acts and Resolutions of the Board of Directors and Corporate Officers; to consider election of the Members of the Board of Directors; to consider approval of Extension of Mr. Deogracias N. Vistan's Position as Independent Director; to consider appointment of External Auditors; and to consider other matters. Reported Earnings • May 17
Full year 2021 earnings released: ₱0.15 loss per share (vs ₱0.12 loss in FY 2020) Full year 2021 results: ₱0.15 loss per share (down from ₱0.12 loss in FY 2020). Revenue: ₱2.87b (up 8.1% from FY 2020). Net loss: ₱84.6m (loss widened 24% from FY 2020). Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has remained flat, 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 an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 4 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Virgilio Pena was the last independent director to join the board, commencing their role in 2019. 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 17
Third quarter 2021 earnings released: ₱0.13 loss per share (vs ₱0.068 loss in 3Q 2020) The company reported a soft third quarter result with increased losses and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: ₱666.8m (up 9.6% from 3Q 2020). Net loss: ₱71.4m (loss widened 90% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 17
Third quarter 2021 earnings released: ₱0.13 loss per share (vs ₱0.068 loss in 3Q 2020) The company reported a soft third quarter result with increased losses and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: ₱666.8m (up 9.6% from 3Q 2020). Net loss: ₱71.4m (loss widened 90% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 18
Second quarter 2021 earnings released: ₱0.09 loss per share (vs ₱0.08 loss in 2Q 2020) The company reported a mediocre second quarter result with increased losses, although control over costs was stable and revenues improved. Second quarter 2021 results: Revenue: ₱716.6m (up 18% from 2Q 2020). Net loss: ₱49.9m (loss widened 17% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Reported Earnings • May 28
First quarter 2021 earnings released The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: ₱780.5m (up 6.5% from 1Q 2020). Net income: ₱42.7m (up ₱75.4m from 1Q 2020). Profit margin: 5.5% (up from net loss in 1Q 2020). 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 3% per year, which means it is significantly lagging earnings. 공시 • Mar 19
Lorenzo Shipping Corporation, Annual General Meeting, Jun 25, 2021 Lorenzo Shipping Corporation, Annual General Meeting, Jun 25, 2021, at 09:00 Singapore Standard Time. Agenda: To consider certification of notice and quorum; to approval of minutes of previous meeting; to presentation of management report; to approval of audited financial statements as of 31 december 2020; to ratification of acts and resolutions of the board of directors and corporate officers; to election of the members of the board of directors; to appointment of external auditors; and to consider other matter. Is New 90 Day High Low • Mar 03
New 90-day high: ₱1.14 The company is up 16% from its price of ₱0.98 on 03 December 2020. The Filipino market is down 1.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Shipping industry, which is up 21% over the same period. Is New 90 Day High Low • Jan 13
New 90-day high: ₱1.10 The company is up 15% from its price of ₱0.96 on 16 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 64% over the same period. Reported Earnings • Nov 17
Third quarter 2020 earnings released: ₱0.07 loss per share The company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: ₱608.2m (down 22% from 3Q 2019). Net loss: ₱37.5m (down ₱37.7m from profit in 3Q 2019). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Nov 07
New 90-day high: ₱1.05 The company is up 46% from its price of ₱0.72 on 07 August 2020. The Filipino market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Shipping industry, which is up 24% over the same period. Is New 90 Day High Low • Oct 12
New 90-day high: ₱0.98 The company is up 29% from its price of ₱0.76 on 14 July 2020. The Filipino market is down 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Shipping industry, which is up 16% over the same period.