Board Change • May 21
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. 2 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Non-Executive Director Peter Tan 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. Board Change • May 04
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. 2 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Non-Executive Director Peter Tan 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. Board Change • Apr 17
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. 2 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Non-Executive Director Peter Tan 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. Board Change • Jan 19
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. 2 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Non-Executive Director Peter Tan 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. Announcement • Oct 27
GLG Corp Ltd, Annual General Meeting, Nov 27, 2025 GLG Corp Ltd, Annual General Meeting, Nov 27, 2025. Location: source governance, level 10, 161 collins street, melbourne, vic 3000, and, Australia Board Change • Sep 02
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Peter Tan was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 29
Full year 2025 earnings released: US$0.018 loss per share (vs US$0.05 loss in FY 2024) Full year 2025 results: US$0.018 loss per share (improved from US$0.05 loss in FY 2024). Revenue: US$110.5m (down 5.2% from FY 2024). Net loss: US$1.35m (loss narrowed 63% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 52 percentage points per year, which is a significant difference in performance. Announcement • Jul 29
GLG Corp Ltd to Report Fiscal Year 2025 Results on Aug 29, 2025 GLG Corp Ltd announced that they will report fiscal year 2025 results on Aug 29, 2025 Announcement • Jan 06
GLG Corp Ltd Provides Earnings Guidance for the First Half Year Ended 31 December 2024 GLG Corp. Ltd. provided earnings guidance for the first half year ended 31 December 2024. For the period, the group anticipated a net profit between USD 0.1 million and USD 0.6 million after tax for first half year ended 31 December 2024. Announcement • Nov 06
Glg Corp Ltd Announces Retirement of Susan Yong as Chief Operating Officer, Effective November 6, 2024 GLG Corp. Ltd.'s Chief Operating Officer (COO), Susan Yong, has informed the group of her intention to retire as the COO effective 6th November 2024 after almost 12 years with the group. Announcement • Oct 26
GLG Corp Ltd, Annual General Meeting, Nov 27, 2024 GLG Corp Ltd, Annual General Meeting, Nov 27, 2024. Location: source governance, suite 4201, level 42, 264-278 george street, sydney nsw 2000 Australia Reported Earnings • Aug 29
Full year 2024 earnings released: US$0.05 loss per share (vs US$0.026 loss in FY 2023) Full year 2024 results: US$0.05 loss per share (further deteriorated from US$0.026 loss in FY 2023). Revenue: US$116.6m (flat on FY 2023). Net loss: US$3.69m (loss widened 89% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance. New Risk • Aug 07
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: AU$15.2m (US$9.98m) 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 Shares are highly illiquid. Earnings have declined by 17% per year over the past 5 years. Market cap is less than US$10m (AU$15.2m market cap, or US$9.98m). New Risk • Apr 16
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: AU$15.6m (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 Shares are highly illiquid. Earnings have declined by 17% per year over the past 5 years. Market cap is less than US$10m (AU$15.6m market cap, or US$9.99m). New Risk • Feb 29
New major risk - Revenue and earnings growth Earnings have declined by 17% 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 Shares are highly illiquid. Earnings have declined by 17% per year over the past 5 years. Minor Risk Market cap is less than US$100m (AU$16.3m market cap, or US$10.6m). Announcement • Jan 25
Glg Corp Ltd Provides Earnings Guidance for the Half Year Ended 31 December 2023 GLG Corp. Ltd. provided earnings guidance for the half year ended 31 December 2023. For the period, the company expects a net loss between USD 1.6 million to USD 1.9 million after tax for the period. The net loss is mainly attributable to the decrease in sales caused by the high inventory levels of the Company's customers who were affected by unforeseen logistics delays, reduced margins due to high interest rates, price competition and write-off of stock and consumables assets. These factors have collectively led to exerted pressure on the profit margin for the period. Announcement • Oct 23
GLG Corp Ltd, Annual General Meeting, Nov 23, 2023 GLG Corp Ltd, Annual General Meeting, Nov 23, 2023, at 12:00 AUS Eastern Standard Time. Location: Source Governance, Suite 4201 Level 42, 264-278 George Street Sydney New South Wales Australia Agenda: To receive and consider the annual financial report of the Company and its controlled entities and the related Directors' and auditor's reports in respect of the financial year ended 30 June 2023; to consider Adoption of Remuneration Report (non-binding vote); and to consider re-election of Ms. Felicia Gan as Director. Reported Earnings • Sep 29
Full year 2023 earnings released: US$0.026 loss per share (vs US$0.07 profit in FY 2022) Full year 2023 results: US$0.026 loss per share (down from US$0.07 profit in FY 2022). Revenue: US$116.5m (down 42% from FY 2022). Net loss: US$1.95m (down 138% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Announcement • Sep 19
GLG Corp Ltd Announces Company Secretary Changes GLG Corp. Ltd. advised that Mr. Hasaka Martin has resigned as a Company Secretary, effective immediately. Ms Jade Cook remains a Company Secretary. Reported Earnings • Aug 29
Full year 2023 earnings released: US$0.026 loss per share (vs US$0.07 profit in FY 2022) Full year 2023 results: US$0.026 loss per share (down from US$0.07 profit in FY 2022). Revenue: US$116.5m (down 42% from FY 2022). Net loss: US$1.95m (down 138% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Announcement • May 09
GLG Corp Ltd Announces Change in Business Address GLG Corp. Ltd. announced a change in its business address to 15 Harvey Road Singapore 369930 effective 28 April 2023. GLG's registered address remains the same as: Level 42, Australia Square 264 George Street Sydney NSW 2000. Reported Earnings • Mar 01
First half 2023 earnings released: US$0.002 loss per share (vs US$0.046 profit in 1H 2022) First half 2023 results: US$0.002 loss per share (down from US$0.046 profit in 1H 2022). Revenue: US$69.5m (down 34% from 1H 2022). Net loss: US$138.0k (down 104% from profit in 1H 2022). Upcoming Dividend • Dec 21
Upcoming dividend of AU$0.021 per share Eligible shareholders must have bought the stock before 28 December 2022. Payment date: 16 January 2023. Payout ratio is a comfortable 21% but the company is not cash flow positive. Trailing yield: 4.4%. Lower than top quartile of Australian dividend payers (7.2%). Higher than average of industry peers (1.9%). Announcement • Dec 13
GLG Corp Ltd Announces Company Secretary Changes GLG Corp. Ltd. announced that Mr. Geoffrey Stirton has resigned as a Company Secretary, effective immediately. The company announced that the company has appointed Ms. Jade Cook as Company Secretary to act with the existing Company Secretary, Mr. Hasaka Martin. Ms. Cook has experience in a variety of companies in an in-house and outsourced capacity across several jurisdictions. Ms. Cook is a Chartered Secretary and an Associate of the Chartered Governance Institute UK & Ireland and holds a Master's degree in Corporate Governance. Announcement • Oct 26
GLG Corp Ltd Appoints Por Khay Ti an Independent Non-Executive Director GLG Corp. Ltd. announced the appointment of Mr. Por Khay Ti an independent Non-Executive Director, effective 25 October 2022. Mr. Por will also serve as member of the Nomination and Remuneration Committee and the Audit Committee of the Board. Por Khay Ti is not new to GLG Corp. Ltd. as he had served as Chief Operating Officer and Board as Executive Director from 1 July 2014 to 31 July 2015. Mr. Por is a Singaporean with more than 30 years' experience in international manufacturing and trading, on government boards and varied manufacturing industries such as printed circuit boards, leather upholsteries, furniture, technology, and apparel. Currently CEO of Adventech (S) Pte Ltd. who supply printed circuits boards to MNCs in North Asia and ASEAN countries. He served The Economic Development Board ("EDB") for 13 years in four divisions (Projects, Investment, International and Local Enterprises), of which 5 years were in the United States of America. The EDB is the lead government agency under the Ministry of Trade and Industry of the Singapore Government. Mr. Por's final role in the EDB was the Head of the Loans and Grants Department. In addition, he served two terms on the Board of Intellectual Property Office of Singapore (a statutory board under the Ministry of Law). Subsequently he joined the private sector where he gained experience in manufacturing industries and developed his board management skills. Mr. Por has a BSc (Hons) degree in Mechanical Engineering and a post-graduate Diploma in Business Administration. He was a member of the Strategic Planning Committee of Asian Productivity Organisation, a Founding member of SFIC Institute (training and development initiative for the furniture industry), Executive Committee Member of Singapore Furniture Industries Council (SFIC) and Honorary Secretary of the Singapore Manufacturers Federation. Announcement • Oct 25
GLG Corp Ltd, Annual General Meeting, Nov 25, 2022 GLG Corp Ltd, Annual General Meeting, Nov 25, 2022, at 13:00 W. Australia Standard Time. Location: Source Governance, Suite 4201 Level 42, 264-278 George Street, Sydney NSW 2000 Sydney Australia Agenda: To receive and consider the annual financial report of the Company and its controlled entities and the related Directors' and auditor's reports in respect of the financial year ended 30 June 2022; To consider Adoption of Remuneration Report; To consider Re-election of Mr Peter Tan as Director. Reported Earnings • Aug 30
Full year 2022 earnings released: EPS: US$0.07 (vs US$0.031 in FY 2021) Full year 2022 results: EPS: US$0.07 (up from US$0.031 in FY 2021). Revenue: US$199.6m (up 8.6% from FY 2021). Net income: US$5.18m (up 129% from FY 2021). Profit margin: 2.6% (up from 1.2% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth. Announcement • Aug 29
GLG Corp. Ltd. Declares Ordinary Fully Paid Dividend for the Six Months Ended June 30, 2022, Payable on January 16, 2023 The Board of GLG Corp. Ltd. has declared an ordinary fully paid dividend for the six months ended June 30, 2022 of USD 0.01500000 cents per share. Record Date is December 29, 2022. Ex Date is December 28, 2022. Payment Date is January 16, 2023. Announcement • Feb 26
GLG Corp Ltd Do Not Recommend Interim Dividend for the Financial Period Ended 31 December 2021 GLG Corp. Ltd. announced that for financial period ended 31 December 2021, the Directors do not recommend the payment of a interim dividend. Executive Departure • Nov 28
Joint Company Secretary Marika White has left the company On the 26th of November, Marika White's tenure as Joint Company Secretary ended after less than a year in the role. We don't have any record of a personal shareholding under Marika's name. A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 1.17 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Joint Company Secretary Marika White has left the company On the 26th of November, Marika White's tenure as Joint Company Secretary ended after less than a year in the role. We don't have any record of a personal shareholding under Marika's name. A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 1.17 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Joint Company Secretary Marika White has left the company On the 26th of November, Marika White's tenure as Joint Company Secretary ended after less than a year in the role. We don't have any record of a personal shareholding under Marika's name. A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 1.17 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Joint Company Secretary Marika White has left the company On the 26th of November, Marika White's tenure as Joint Company Secretary ended after less than a year in the role. We don't have any record of a personal shareholding under Marika's name. A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 1.17 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Joint Company Secretary Marika White has left the company On the 26th of November, Marika White's tenure as Joint Company Secretary ended after less than a year in the role. We don't have any record of a personal shareholding under Marika's name. A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 1.17 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Joint Company Secretary Marika White has left the company On the 26th of November, Marika White's tenure as Joint Company Secretary ended after less than a year in the role. We don't have any record of a personal shareholding under Marika's name. A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 1.17 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Joint Company Secretary Marika White has left the company On the 26th of November, Marika White's tenure as Joint Company Secretary ended after less than a year in the role. We don't have any record of a personal shareholding under Marika's name. A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 1.17 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Joint Company Secretary Marika White has left the company On the 26th of November, Marika White's tenure as Joint Company Secretary ended after less than a year in the role. We don't have any record of a personal shareholding under Marika's name. A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 1.17 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Joint Company Secretary Marika White has left the company On the 26th of November, Marika White's tenure as Joint Company Secretary ended after less than a year in the role. We don't have any record of a personal shareholding under Marika's name. A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 1.17 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Joint Company Secretary Marika White has left the company On the 26th of November, Marika White's tenure as Joint Company Secretary ended after less than a year in the role. We don't have any record of a personal shareholding under Marika's name. A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 1.17 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Joint Company Secretary Marika White has left the company On the 26th of November, Marika White's tenure as Joint Company Secretary ended after less than a year in the role. We don't have any record of a personal shareholding under Marika's name. A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 1.17 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Joint Company Secretary Marika White has left the company On the 26th of November, Marika White's tenure as Joint Company Secretary ended after less than a year in the role. We don't have any record of a personal shareholding under Marika's name. A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 1.17 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Joint Company Secretary Marika White has left the company On the 26th of November, Marika White's tenure as Joint Company Secretary ended after less than a year in the role. We don't have any record of a personal shareholding under Marika's name. A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 1.17 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Joint Company Secretary Marika White has left the company On the 26th of November, Marika White's tenure as Joint Company Secretary ended after less than a year in the role. We don't have any record of a personal shareholding under Marika's name. A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 1.17 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Joint Company Secretary Marika White has left the company On the 26th of November, Marika White's tenure as Joint Company Secretary ended after less than a year in the role. We don't have any record of a personal shareholding under Marika's name. A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 1.17 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Joint Company Secretary Marika White has left the company On the 26th of November, Marika White's tenure as Joint Company Secretary ended after less than a year in the role. We don't have any record of a personal shareholding under Marika's name. A total of 4 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Joint Company Secretary Marika White has left the company On the 26th of November, Marika White's tenure as Joint Company Secretary ended after less than a year in the role. We don't have any record of a personal shareholding under Marika's name. A total of 4 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Joint Company Secretary Marika White has left the company On the 26th of November, Marika White's tenure as Joint Company Secretary ended after less than a year in the role. We don't have any record of a personal shareholding under Marika's name. A total of 4 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Joint Company Secretary Marika White has left the company On the 26th of November, Marika White's tenure as Joint Company Secretary ended after less than a year in the role. We don't have any record of a personal shareholding under Marika's name. A total of 4 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Joint Company Secretary Marika White has left the company On the 26th of November, Marika White's tenure as Joint Company Secretary ended after less than a year in the role. We don't have any record of a personal shareholding under Marika's name. A total of 4 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 28
Joint Company Secretary Marika White has left the company On the 26th of November, Marika White's tenure as Joint Company Secretary ended after less than a year in the role. We don't have any record of a personal shareholding under Marika's name. A total of 4 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 27
Joint Company Secretary Marika White has left the company On the 26th of November, Marika White's tenure as Joint Company Secretary ended after less than a year in the role. We don't have any record of a personal shareholding under Marika's name. A total of 4 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 27
Joint Company Secretary Marika White has left the company On the 26th of November, Marika White's tenure as Joint Company Secretary ended after less than a year in the role. We don't have any record of a personal shareholding under Marika's name. A total of 4 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 27
Joint Company Secretary Marika White has left the company On the 26th of November, Marika White's tenure as Joint Company Secretary ended after less than a year in the role. We don't have any record of a personal shareholding under Marika's name. A total of 4 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 27
Joint Company Secretary Marika White has left the company On the 26th of November, Marika White's tenure as Joint Company Secretary ended after less than a year in the role. We don't have any record of a personal shareholding under Marika's name. A total of 4 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 27
Joint Company Secretary Marika White has left the company On the 26th of November, Marika White's tenure as Joint Company Secretary ended after less than a year in the role. We don't have any record of a personal shareholding under Marika's name. A total of 4 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 27
Joint Company Secretary Marika White has left the company On the 26th of November, Marika White's tenure as Joint Company Secretary ended after less than a year in the role. We don't have any record of a personal shareholding under Marika's name. A total of 4 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 27
Joint Company Secretary Marika White has left the company On the 26th of November, Marika White's tenure as Joint Company Secretary ended after less than a year in the role. We don't have any record of a personal shareholding under Marika's name. A total of 4 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 27
Joint Company Secretary Marika White has left the company On the 26th of November, Marika White's tenure as Joint Company Secretary ended after less than a year in the role. We don't have any record of a personal shareholding under Marika's name. A total of 4 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 27
Joint Company Secretary Marika White has left the company On the 26th of November, Marika White's tenure as Joint Company Secretary ended after less than a year in the role. We don't have any record of a personal shareholding under Marika's name. A total of 4 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Oct 06
Company Secretary Rebecca Weir has left the company On the 29th of September, Rebecca Weir's tenure as Company Secretary ended after less than a year in the role. We don't have any record of a personal shareholding under Rebecca's name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 1.08 years, which is considered inexperienced in the Simply Wall St Risk Model. Upcoming Dividend • Sep 10
Upcoming dividend of US$0.01 per share Eligible shareholders must have bought the stock before 17 September 2021. Payment date: 18 October 2021. Trailing yield: 8.5%. Within top quartile of Australian dividend payers (5.3%). Higher than average of industry peers (1.1%). Reported Earnings • Aug 31
Full year 2021 earnings released: EPS US$0.031 (vs US$0.051 in FY 2020) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2021 results: Revenue: US$183.8m (up 3.2% from FY 2020). Net income: US$2.26m (down 40% from FY 2020). Profit margin: 1.2% (down from 2.1% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Executive Departure • Aug 18
CFO and Head of IT & Human Resources Victoria Yong has left the company During their tenure, earnings grew by 319% annually compared to the industry average of 20%. On the 9th of August, Victoria Yong left the company after 1.5 in the role. We don't have any record of a personal shareholding under Victoria's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.25 years, which is considered inexperienced in the Simply Wall St Risk Model. Upcoming Dividend • Mar 18
Upcoming Dividend of US$0.01 Per Share Will be paid on the 15th of April to those who are registered shareholders by the 25th of March. The trailing yield of 3.8% is below the top quartile of Australian dividend payers (5.5%), but it is higher than industry peers (1.2%). Reported Earnings • Mar 02
First half 2021 earnings released: EPS US$0.018 (vs US$0.005 in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: US$99.5m (up 32% from 1H 2020). Net income: US$1.31m (up 251% from 1H 2020). Profit margin: 1.3% (up from 0.5% in 1H 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Dec 01
GLG Corp Limited Announces Change of Company Secretary GLG Corp. Limited has appointed Ms Rebecca Weir as Company Secretary, effective 30 November 2020. Rebecca is an employee of Boardroom Pty Limited (the company's Corporate Secretarial Services provider) and is the appointed Company Secretary for a number of companies, including ASX listed, private unlisted and smaller private start-up companies. Rebecca has a Bachelor of Laws Degree from Keele University (UK) and a detailed knowledge of regulatory requirements, including ASIC and the ASX, as well as best practices in Corporate Governance. Mr. Todd Richards has resigned as Company Secretary, effective 30 November 2020.