New Risk • Jul 21
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 20% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. 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). Shares are highly illiquid. High level of non-cash earnings (20% accrual ratio). Market cap is less than US$10m (RM40.9m market cap, or US$9.99m). Minor Risk Less than 3 years of financial data is available. New Risk • Jul 17
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: RM40.9m (US$9.99m) 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 Debt is not well covered by operating cash flow (2.3% operating cash flow to total debt). Shares are highly illiquid. Market cap is less than US$10m (RM40.9m market cap, or US$9.99m). Minor Risk Less than 3 years of financial data is available. Announcement • Nov 19
MyAxis Group Berhad, Annual General Meeting, Dec 22, 2025 MyAxis Group Berhad, Annual General Meeting, Dec 22, 2025, at 09:30 Singapore Standard Time. Location: marjorie 6, level 11, iconic marjorie hotel, no 239a, jalan sultan azlan shah, 11900 bayan lepas, penang, Malaysia 
