New Risk • Jun 12
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: NT$311.2m (US$9.83m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. 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 (-NT$70m free cash flow). Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 55% per year over the past 5 years. Market cap is less than US$10m (NT$311.2m market cap, or US$9.83m). Minor Risk Revenue is less than US$5m (NT$72m revenue, or US$2.3m). Reported Earnings • Apr 11
Full year 2025 earnings released: NT$2.66 loss per share (vs NT$1.41 loss in FY 2024) Full year 2025 results: NT$2.66 loss per share (further deteriorated from NT$1.41 loss in FY 2024). Revenue: NT$72.1m (down 53% from FY 2024). Net loss: NT$106.5m (loss widened 156% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Aankondiging • Mar 20
meimaii Technology Co., Ltd, Annual General Meeting, Jun 09, 2026 meimaii Technology Co., Ltd, Annual General Meeting, Jun 09, 2026. Location: 15 floor no,100, tun hua n. rd., songshan district, taipei city Taiwan New Risk • Mar 07
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: NT$317.2m (US$9.95m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. 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 (-NT$98m free cash flow). Share price has been highly volatile over the past 3 months (47% average weekly change). Earnings have declined by 37% per year over the past 5 years. Market cap is less than US$10m (NT$317.2m market cap, or US$9.95m). Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Revenue is less than US$5m (NT$97m revenue, or US$3.0m). New Risk • Mar 02
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. 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 Less than 1 year of cash runway based on free cash flow trend (-NT$98m free cash flow). Share price has been highly volatile over the past 3 months (48% average weekly change). Earnings have declined by 37% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Revenue is less than US$5m (NT$97m revenue, or US$3.1m). Market cap is less than US$100m (NT$341.2m market cap, or US$10.9m). New Risk • Jul 18
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 7.3% 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 Earnings have declined by 3.9% per year over the past 5 years. Shareholders have been substantially diluted in the past year (83% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (7.3% average weekly change). Market cap is less than US$100m (NT$302.0m market cap, or US$10.3m). New Risk • May 09
New major risk - Revenue and earnings growth Earnings have declined by 3.9% 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 Risks Earnings have declined by 3.9% per year over the past 5 years. Shareholders have been substantially diluted in the past year (83% increase in shares outstanding). Market cap is less than US$10m (NT$249.2m market cap, or US$8.26m). New Risk • Mar 12
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: NT$318.0m (US$9.64m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (83% increase in shares outstanding). Market cap is less than US$10m (NT$318.0m market cap, or US$9.64m). Minor Risk Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). New Risk • Mar 03
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. 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 Risk Shareholders have been substantially diluted in the past year (83% increase in shares outstanding). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Market cap is less than US$100m (NT$368.4m market cap, or US$11.2m). Aankondiging • Jan 21
meimaii Technology Co., Ltd, Annual General Meeting, Jun 10, 2025 meimaii Technology Co., Ltd, Annual General Meeting, Jun 10, 2025. Location: 15 floor no,100, tun hua n. rd., songshan district, taipei city Taiwan New Risk • Sep 20
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 83% 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 (13% average weekly change). Shareholders have been substantially diluted in the past year (83% increase in shares outstanding). Minor Risk Market cap is less than US$100m (NT$492.0m market cap, or US$15.4m). Reported Earnings • Apr 28
Full year 2023 earnings released: NT$1.82 loss per share (vs NT$0.54 loss in FY 2022) Full year 2023 results: NT$1.82 loss per share (further deteriorated from NT$0.54 loss in FY 2022). Revenue: NT$173.4m (down 14% from FY 2022). Net loss: NT$40.0m (loss widened 240% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance. Aankondiging • Mar 12
meimaii Technology Co., Ltd, Annual General Meeting, May 27, 2024 meimaii Technology Co., Ltd, Annual General Meeting, May 27, 2024. New Risk • Mar 01
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. 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 Less than 1 year of cash runway based on free cash flow trend (-NT$70m free cash flow). Share price has been highly volatile over the past 3 months (8.6% average weekly change). Market cap is less than US$10m (NT$248.5m market cap, or US$7.85m). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Revenue is less than US$5m (NT$158m revenue, or US$5.0m). New Risk • Oct 20
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 Taiwanese stocks, typically moving 7.9% 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 (-NT$70m free cash flow). Share price has been highly volatile over the past 3 months (7.9% average weekly change). Market cap is less than US$10m (NT$201.4m market cap, or US$6.22m). Minor Risk Revenue is less than US$5m (NT$158m revenue, or US$4.9m). New Risk • Aug 13
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: -NT$70m 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 (-NT$70m free cash flow). Market cap is less than US$10m (NT$214.3m market cap, or US$6.72m). Minor Risks Share price has been volatile over the past 3 months (6.6% average weekly change). Revenue is less than US$5m (NT$158m revenue, or US$4.9m). Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Buying Opportunity • Aug 09
Now 22% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be NT$17.57, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making. Buying Opportunity • Jul 22
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 2.1%. The fair value is estimated to be NT$17.44, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making. Buying Opportunity • Jun 10
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 5.3%. The fair value is estimated to be NT$17.77, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making. Buying Opportunity • May 19
Now 23% undervalued after recent price drop Over the last 90 days, the stock is down 15%. The fair value is estimated to be NT$17.65, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Apr 27
Full year 2021 earnings released: NT$0.59 loss per share (vs NT$0.022 profit in FY 2020) Full year 2021 results: NT$0.59 loss per share (down from NT$0.022 profit in FY 2020). Revenue: NT$185.3m (up 134% from FY 2020). Net loss: NT$8.87m (down NT$9.12m from profit in FY 2020). Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Aug 18
First half 2021 earnings released: NT$0.63 loss per share (vs NT$0.025 loss in 1H 2020) The company reported a mediocre first half result with increased losses and weaker control over costs, although revenues improved. First half 2021 results: Revenue: NT$83.5m (up 98% from 1H 2020). Net loss: NT$9.43m (loss widened NT$9.15m from 1H 2020). Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 28
Full year 2020 earnings released: EPS NT$0.02 (vs NT$5.73 loss in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: NT$79.1m (down 44% from FY 2019). Net income: NT$256.0k (up NT$65.6m from FY 2019). Profit margin: 0.3% (up from net loss in FY 2019). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Mar 07
New 90-day low: NT$13.45 The company is down 10.0% from its price of NT$15.00 on 07 December 2020. The Taiwanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is up 7.0% over the same period. Is New 90 Day High Low • Jan 20
New 90-day high: NT$17.00 The company is up 34% from its price of NT$12.65 on 23 October 2020. The Taiwanese market is up 22% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Entertainment industry, which is up 7.0% over the same period. Is New 90 Day High Low • Jan 05
New 90-day high: NT$15.80 The company is up 37% from its price of NT$11.55 on 08 October 2020. The Taiwanese market is up 17% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Entertainment industry, which is up 7.0% over the same period. Is New 90 Day High Low • Dec 08
New 90-day high: NT$15.00 The company is up 35% from its price of NT$11.15 on 09 September 2020. The Taiwanese market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Entertainment industry, which is down 4.0% over the same period.