Reported Earnings • May 16
First quarter 2026 earnings released: NT$0.51 loss per share (vs NT$0.32 loss in 1Q 2025) First quarter 2026 results: NT$0.51 loss per share (further deteriorated from NT$0.32 loss in 1Q 2025). Revenue: NT$60.7m (down 29% from 1Q 2025). Net loss: NT$28.2m (loss widened 60% from 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Reported Earnings • Mar 17
Full year 2025 earnings released: NT$1.30 loss per share (vs NT$0.024 profit in FY 2024) Full year 2025 results: NT$1.30 loss per share (down from NT$0.024 profit in FY 2024). Revenue: NT$357.7m (down 18% from FY 2024). Net loss: NT$71.6m (down NT$72.9m from profit in FY 2024). Over the last 3 years on average, earnings per share has fallen by 33% 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 • Mar 16
GlobalSat WorldCom Corporation, Annual General Meeting, Jun 22, 2026 GlobalSat WorldCom Corporation, Annual General Meeting, Jun 22, 2026. Location: b2 floor building. l no,716, chung cheng rd., jhonghe district, new taipei city Taiwan New Risk • Dec 17
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 Taiwanese stocks, typically moving 6.4% 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 Risk Earnings have declined by 9.5% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.4% average weekly change). Market cap is less than US$100m (NT$918.0m market cap, or US$29.2m). Reported Earnings • Nov 18
Third quarter 2025 earnings released: NT$0.028 loss per share (vs NT$0.18 loss in 3Q 2024) Third quarter 2025 results: NT$0.028 loss per share. Revenue: NT$69.2m (down 31% from 3Q 2024). Net loss: NT$15.6m (loss widened 56% from 3Q 2024). Reported Earnings • Aug 13
Second quarter 2025 earnings released: NT$0.54 loss per share (vs NT$0.13 loss in 2Q 2024) Second quarter 2025 results: NT$0.54 loss per share (further deteriorated from NT$0.13 loss in 2Q 2024). Revenue: NT$97.2m (up 1.4% from 2Q 2024). Net loss: NT$29.5m (loss widened 302% from 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. New Risk • Jul 04
New major risk - Revenue and earnings growth Earnings have declined by 2.9% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 2.9% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$739.4m market cap, or US$25.6m). Reported Earnings • May 19
First quarter 2025 earnings released: NT$0.32 loss per share (vs NT$0.058 profit in 1Q 2024) First quarter 2025 results: NT$0.32 loss per share (down from NT$0.058 profit in 1Q 2024). Revenue: NT$85.1m (down 5.1% from 1Q 2024). Net loss: NT$17.6m (down NT$20.8m from profit in 1Q 2024). 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 10% per year, which means it has not declined as severely as earnings. New Risk • Apr 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 Taiwanese stocks, typically moving 6.5% 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: Minor Risks Share price has been volatile over the past 3 months (6.5% average weekly change). Market cap is less than US$100m (NT$832.8m market cap, or US$25.2m). Reported Earnings • Apr 02
Full year 2024 earnings released: EPS: NT$0.02 (vs NT$0.61 loss in FY 2023) Full year 2024 results: EPS: NT$0.02 (up from NT$0.61 loss in FY 2023). Revenue: NT$437.7m (up 22% from FY 2023). Net income: NT$1.31m (up NT$34.9m from FY 2023). Profit margin: 0.3% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Aankondiging • Mar 10
GlobalSat WorldCom Corporation, Annual General Meeting, Jun 11, 2025 GlobalSat WorldCom Corporation, Annual General Meeting, Jun 11, 2025. Location: b2 floor building. l no,716, chung cheng rd., jhonghe district, new taipei city Taiwan Reported Earnings • Nov 19
Third quarter 2024 earnings released: NT$0.18 loss per share (vs NT$0.17 loss in 3Q 2023) Third quarter 2024 results: NT$0.18 loss per share (further deteriorated from NT$0.17 loss in 3Q 2023). Revenue: NT$100.6m (up 49% from 3Q 2023). Net loss: NT$10.0m (loss widened 4.8% from 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Reported Earnings • Aug 17
Second quarter 2024 earnings released: NT$0.13 loss per share (vs NT$0.14 loss in 2Q 2023) Second quarter 2024 results: NT$0.13 loss per share (improved from NT$0.14 loss in 2Q 2023). Revenue: NT$95.8m (up 36% from 2Q 2023). Net loss: NT$7.32m (loss narrowed 6.0% from 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. Reported Earnings • May 20
First quarter 2024 earnings released: EPS: NT$0.06 (vs NT$0.31 loss in 1Q 2023) First quarter 2024 results: EPS: NT$0.06 (up from NT$0.31 loss in 1Q 2023). Revenue: NT$89.6m (up 4.6% from 1Q 2023). Net income: NT$3.21m (up NT$20.1m from 1Q 2023). Profit margin: 3.6% (up from net loss in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. Reported Earnings • Apr 02
Full year 2023 earnings released: NT$0.61 loss per share (vs NT$0.074 loss in FY 2022) Full year 2023 results: NT$0.61 loss per share (further deteriorated from NT$0.074 loss in FY 2022). Revenue: NT$360.3m (up 10.0% from FY 2022). Net loss: NT$33.6m (loss widened NT$29.6m from FY 2022). Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 22% per year, which means it is well ahead of earnings. Aankondiging • Mar 19
GlobalSat WorldCom Corporation, Annual General Meeting, Jun 05, 2024 GlobalSat WorldCom Corporation, Annual General Meeting, Jun 05, 2024. Reported Earnings • Aug 19
Second quarter 2023 earnings released: NT$0.14 loss per share (vs NT$0.12 profit in 2Q 2022) Second quarter 2023 results: NT$0.14 loss per share (down from NT$0.12 profit in 2Q 2022). Revenue: NT$70.3m (down 20% from 2Q 2022). Net loss: NT$7.79m (down 223% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 31
Full year 2022 earnings released: NT$0.07 loss per share (vs NT$0.18 loss in FY 2021) Full year 2022 results: NT$0.07 loss per share (improved from NT$0.18 loss in FY 2021). Revenue: NT$327.5m (down 25% from FY 2021). Net loss: NT$4.08m (loss narrowed 60% from FY 2021). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Nov 04
Investor sentiment improved over the past week After last week's 16% share price gain to NT$15.55, the stock trades at a trailing P/E ratio of 56.9x. Average trailing P/E is 13x in the Consumer Durables industry in Taiwan. Total loss to shareholders of 3.2% over the past three years. Valuation Update With 7 Day Price Move • Oct 13
Investor sentiment deteriorated over the past week After last week's 16% share price decline to NT$13.25, the stock trades at a trailing P/E ratio of 48.5x. Average trailing P/E is 13x in the Consumer Durables industry in Taiwan. Total loss to shareholders of 17% over the past three years. Reported Earnings • Aug 19
Second quarter 2022 earnings released: EPS: NT$0.11 (vs NT$0.11 loss in 2Q 2021) Second quarter 2022 results: EPS: NT$0.11 (up from NT$0.11 loss in 2Q 2021). Revenue: NT$88.2m (down 28% from 2Q 2021). Net income: NT$6.32m (up NT$12.3m from 2Q 2021). Profit margin: 7.2% (up from net loss in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Reported Earnings • May 19
First quarter 2022 earnings released: NT$0.03 loss per share (vs NT$0.26 loss in 1Q 2021) First quarter 2022 results: NT$0.03 loss per share (up from NT$0.26 loss in 1Q 2021). Revenue: NT$86.7m (down 10% from 1Q 2021). Net loss: NT$1.43m (loss narrowed 90% from 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance. Reported Earnings • Mar 28
Full year 2021 earnings released: NT$0.18 loss per share (vs NT$0.49 loss in FY 2020) Full year 2021 results: NT$0.18 loss per share (up from NT$0.49 loss in FY 2020). Revenue: NT$437.5m (up 5.1% from FY 2020). Net loss: NT$10.1m (loss narrowed 63% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 93 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 18
Third quarter 2021 earnings released: EPS NT$0.12 (vs NT$0.22 loss in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$99.1m (up 13% from 3Q 2020). Net income: NT$6.45m (up NT$18.6m from 3Q 2020). Profit margin: 6.5% (up from net loss in 3Q 2020). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance. Reported Earnings • May 17
First quarter 2021 earnings released: NT$0.26 loss per share (vs NT$0.30 loss in 1Q 2020) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: NT$96.8m (up 26% from 1Q 2020). Net loss: NT$14.3m (loss narrowed 14% from 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance. Reported Earnings • Mar 31
Full year 2020 earnings released: NT$0.49 loss per share (vs NT$0.57 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: NT$416.3m (down 45% from FY 2019). Net loss: NT$27.2m (down 187% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Dec 14
New 90-day high: NT$12.70 The company is up 23% from its price of NT$10.35 on 16 September 2020. The Taiwanese market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 8.0% over the same period. Is New 90 Day High Low • Nov 27
New 90-day high: NT$11.55 The company is up 11% from its price of NT$10.45 on 28 August 2020. The Taiwanese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 2.0% over the same period. Reported Earnings • Nov 15
Third quarter 2020 earnings released: NT$0.22 loss per share The company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: NT$87.6m (down 55% from 3Q 2019). Net loss: NT$12.2m (down 168% from profit in 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.