Reported Earnings • Jun 09
Third quarter 2026 earnings released Third quarter 2026 results: EPS: ৳0.29. Revenue: ৳641.5m (down 40% from 3Q 2025). Net income: ৳21.2m (up ৳36.7m from 3Q 2025). Profit margin: 3.3% (up from net loss in 3Q 2025). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. New Risk • Jun 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 Bangladeshi stocks, typically moving 6.1% 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 Interest payments are not well covered by earnings (1.7x net interest cover). High level of non-cash earnings (746% accrual ratio). Market cap is less than US$10m (৳1.10b market cap, or US$8.99m). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.1% average weekly change). Board Change • May 20
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. 3 experienced directors. 1 highly experienced director. 1 independent director (3 non-independent directors). Independent Director M. Ahmed was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Aankondiging • Apr 27
Oimex Electrode Limited to Report Q3, 2026 Results on Apr 29, 2026 Oimex Electrode Limited announced that they will report Q3, 2026 results on Apr 29, 2026 Aankondiging • Jan 25
Oimex Electrode Limited to Report Q2, 2026 Results on Jan 29, 2026 Oimex Electrode Limited announced that they will report Q2, 2026 results on Jan 29, 2026 Aankondiging • Dec 01
Oimex Electrode Limited to Report Q1, 2026 Results on Dec 03, 2025 Oimex Electrode Limited announced that they will report Q1, 2026 results on Dec 03, 2025 Aankondiging • Nov 05
Oimex Electrode Limited, Annual General Meeting, Dec 30, 2025 Oimex Electrode Limited, Annual General Meeting, Dec 30, 2025, at 11:00 Central Asia Standard Time. Location: hybrid system, at gulshan shooting club, (2nd floor), gulshan avenue, gulshan-1, dhaka-1212., Bangladesh Aankondiging • Oct 21
Oimex Electrode Limited to Report Fiscal Year 2025 Results on Oct 28, 2025 Oimex Electrode Limited announced that they will report fiscal year 2025 results on Oct 28, 2025 Aankondiging • Apr 23
Oimex Electrode Limited to Report Q3, 2025 Results on Apr 29, 2025 Oimex Electrode Limited announced that they will report Q3, 2025 results on Apr 29, 2025 Aankondiging • Jan 27
Oimex Electrode Limited to Report Q2, 2025 Results on Jan 30, 2025 Oimex Electrode Limited announced that they will report Q2, 2025 results on Jan 30, 2025 Aankondiging • Nov 11
Oimex Electrode Limited to Report Q1, 2025 Results on Nov 14, 2024 Oimex Electrode Limited announced that they will report Q1, 2025 results on Nov 14, 2024 New Risk • Nov 07
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 1.2% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.7x net interest cover). Earnings have declined by 58% per year over the past 5 years. High level of non-cash earnings (80% accrual ratio). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.6% average weekly change). Shareholders have been diluted in the past year (8.9% increase in shares outstanding). Market cap is less than US$100m (৳1.88b market cap, or US$15.7m). Valuation Update With 7 Day Price Move • Oct 27
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ৳23.60, the stock trades at a trailing P/E ratio of 74.3x. Average trailing P/E is 36x in the Metals and Mining industry in Bangladesh. Total returns to shareholders of 22% over the past three years. Aankondiging • Oct 23
Oimex Electrode Limited to Report Fiscal Year 2024 Results on Oct 28, 2024 Oimex Electrode Limited announced that they will report fiscal year 2024 results on Oct 28, 2024 Valuation Update With 7 Day Price Move • Sep 16
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ৳23.40, the stock trades at a trailing P/E ratio of 73.7x. Average trailing P/E is 46x in the Metals and Mining industry in Bangladesh. Total loss to shareholders of 7.6% over the past three years. Reported Earnings • May 15
Third quarter 2024 earnings released: EPS: ৳0.37 (vs ৳0.18 loss in 3Q 2023) Third quarter 2024 results: EPS: ৳0.37 (up from ৳0.18 loss in 3Q 2023). Revenue: ৳543.2m (up ৳464.8m from 3Q 2023). Net income: ৳25.6m (up ৳37.4m from 3Q 2023). Profit margin: 4.7% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. Aankondiging • Apr 30
Oimex Electrode Limited to Report Q3, 2024 Results on Apr 30, 2024 Oimex Electrode Limited announced that they will report Q3, 2024 results on Apr 30, 2024 Reported Earnings • Mar 05
Second quarter 2024 earnings released: EPS: ৳0.30 (vs ৳0.24 loss in 2Q 2023) Second quarter 2024 results: EPS: ৳0.30 (up from ৳0.24 loss in 2Q 2023). Revenue: ৳472.6m (up ৳453.2m from 2Q 2023). Net income: ৳20.0m (up ৳36.2m from 2Q 2023). Profit margin: 4.2% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 29% 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. Aankondiging • Jan 29
Oimex Electrode Limited to Report Q2, 2024 Results on Jan 31, 2024 Oimex Electrode Limited announced that they will report Q2, 2024 results on Jan 31, 2024 New Risk • Jan 22
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 Bangladeshi stocks, typically moving 7.3% 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 (7.3% average weekly change). Earnings have declined by 73% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (8.9% increase in shares outstanding). Revenue is less than US$5m (৳185m revenue, or US$1.7m). Market cap is less than US$100m (৳1.50b market cap, or US$13.7m). Market cap is less than US$100m (৳1.50b market cap, or US$13.7m). Reported Earnings • Dec 27
Full year 2023 earnings released: ৳0.82 loss per share (vs ৳1.65 loss in FY 2022) Full year 2023 results: ৳0.82 loss per share (improved from ৳1.65 loss in FY 2022). Revenue: ৳184.8m (up ৳172.1m from FY 2022). Net loss: ৳55.3m (loss narrowed 50% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 94 percentage points per year, which is a significant difference in performance. Aankondiging • Dec 19
Oimex Electrode Limited to Report Q1, 2024 Results on Dec 21, 2023 Oimex Electrode Limited announced that they will report Q1, 2024 results on Dec 21, 2023 Aankondiging • Nov 13
Oimex Electrode Limited, Annual General Meeting, Dec 31, 2023 Oimex Electrode Limited, Annual General Meeting, Dec 31, 2023, at 10:30 Bangladesh Standard Time. Aankondiging • Nov 07
Oimex Electrode Limited to Report Fiscal Year 2023 Results on Nov 11, 2023 Oimex Electrode Limited announced that they will report fiscal year 2023 results on Nov 11, 2023 New Risk • Oct 14
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2022. 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 Revenue has declined by 94% over the past year. Revenue is less than US$1m (৳13m revenue, or US$115k). Minor Risks Latest financial reports are more than 6 months old (reported June 2022 fiscal period end). Share price has been volatile over the past 3 months (8.0% average weekly change). Market cap is less than US$100m (৳1.48b market cap, or US$13.5m). Reported Earnings • Mar 30
Full year 2022 earnings released: ৳1.65 loss per share (vs ৳0.082 profit in FY 2021) Full year 2022 results: ৳1.65 loss per share (down from ৳0.082 profit in FY 2021). Net loss: ৳110.8m (down ৳116.3m from profit in FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 118 percentage points per year, which is a significant difference in performance. Aankondiging • Feb 07
Oimex Electrode Limited Recommends Cash Dividend to General Shareholders Oimex Electrode Limited recommended 1% cash dividend to general shareholders other than Sponsors and Directors for the year ended June 30, 2022. The Sponsors and Directors hold 20,133,184 shares out of total 67,084,781 shares of the Company. 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. 5 experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Independent Director M. Ahmed was the last independent director to join the board, commencing their role in 2016. 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 • Apr 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. 5 experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Independent Director M. Ahmed was the last independent director to join the board, commencing their role in 2016. 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 • Feb 02
Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations Second quarter 2022 results: ৳0.41 loss per share (down from ৳0.092 profit in 2Q 2021). Revenue: ৳5.37m (down 91% from 2Q 2021). Net loss: ৳27.8m (down ৳34.0m from profit in 2Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Jan 07
New 90-day high: ৳25.30 The company is up 5.0% from its price of ৳24.00 on 08 October 2020. The Bangladeshi market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 14% over the same period.