New Risk • Jun 06
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 German stocks, typically moving 15% 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 Share price has been highly volatile over the past 3 months (15% average weekly change). Earnings have declined by 22% per year over the past 5 years. Minor Risk Market cap is less than US$100m (€18.9m market cap, or US$21.7m). Announcement • Mar 10
Adtiger Corporations Limited, Annual General Meeting, Jun 05, 2026 Adtiger Corporations Limited, Annual General Meeting, Jun 05, 2026. Announcement • Feb 26
Adtiger Corporations Limited to Report Fiscal Year 2025 Results on Mar 10, 2026 Adtiger Corporations Limited announced that they will report fiscal year 2025 results on Mar 10, 2026 Announcement • Aug 15
Adtiger Corporations Limited to Report First Half, 2025 Results on Aug 26, 2025 Adtiger Corporations Limited announced that they will report first half, 2025 results on Aug 26, 2025 Announcement • Mar 27
Adtiger Corporations Limited, Annual General Meeting, Jun 10, 2025 Adtiger Corporations Limited, Annual General Meeting, Jun 10, 2025. Announcement • Mar 14
Adtiger Corporations Limited to Report Fiscal Year 2024 Results on Mar 26, 2025 Adtiger Corporations Limited announced that they will report fiscal year 2024 results on Mar 26, 2025 Buy Or Sell Opportunity • Oct 09
Now 24% undervalued The stock has been flat over the last 90 days, currently trading at €0.004. The fair value is estimated to be €0.0053, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.4% over the last 3 years. Meanwhile, the company became loss making. New Risk • Sep 11
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €8.96m (US$9.87m) 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 Share price has been highly volatile over the past 3 months (81% average weekly change). Earnings have declined by 62% per year over the past 5 years. Market cap is less than US$10m (€8.96m market cap, or US$9.87m). Buy Or Sell Opportunity • Sep 09
Now 43% undervalued after recent price drop Over the last 90 days, the stock has fallen 74% to €0.003. The fair value is estimated to be €0.0052, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.4% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Aug 27
First half 2024 earnings released: CN¥0.006 loss per share (vs CN¥0.01 profit in 1H 2023) First half 2024 results: CN¥0.006 loss per share (down from CN¥0.01 profit in 1H 2023). Revenue: CN¥130.7m (down 22% from 1H 2023). Net loss: CN¥4.40m (down 172% from profit in 1H 2023). Over the last 3 years on average, the company's earnings growth rate has exceeded its share price growth rate by 3 percentage points per year. Announcement • Aug 15
Adtiger Corporations Limited Provides Group Earnings Guidance for the Six Months Ended 30 June 2024 Adtiger Corporations Limited provided group earnings guidance for the six months ended 30 June 2024. The board of directors of the Company informed the shareholders and potential investors of the Company that, based on the preliminary review of the latest available unaudited consolidated management accounts of the Group for the six months ended 30 June 2024 (the "Reporting Period") and the information currently available to the Company, the Group is expected to record a net loss of approximately RMB 4.0 million to RMB 6.0 million, as compared to a net profit of approximately RMB 5.4 million for the six months ended 30 June 2023. The Board considers that the swing from net profit to net loss was mainly attributable to the fact that in light of the global economic downturn and increasingly fierce market competition during the Reporting Period, the Group provided its customers with more attractive offers to encourage advertisement orders, resulting in a decrease in gross profit during the Reporting Period. The Board considers that a boost in market share is beneficial to the Group's long-term development in the economic downturn. Announcement • Aug 12
Adtiger Corporations Limited to Report First Half, 2024 Results on Aug 22, 2024 Adtiger Corporations Limited announced that they will report first half, 2024 results on Aug 22, 2024 Buy Or Sell Opportunity • May 28
Now 80% undervalued after recent price drop Over the last 90 days, the stock has fallen 11% to €0.004. The fair value is estimated to be €0.02, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years, while earnings per share has been flat. New Risk • Apr 19
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €9.22m (US$9.82m) 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 Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 46% per year over the past 5 years. Market cap is less than US$10m (€9.22m market cap, or US$9.82m). Minor Risk Shareholders have been diluted in the past year (20% increase in shares outstanding). Announcement • Mar 27
Adtiger Corporations Limited, Annual General Meeting, Jun 06, 2024 Adtiger Corporations Limited, Annual General Meeting, Jun 06, 2024. Reported Earnings • Mar 26
Full year 2023 earnings released: CN¥0.02 loss per share (vs CN¥0.015 profit in FY 2022) Full year 2023 results: CN¥0.02 loss per share (down from CN¥0.015 profit in FY 2022). Revenue: CN¥294.2m (down 17% from FY 2022). Net loss: CN¥10.9m (down 221% from profit in FY 2022). Announcement • Mar 15
Adtiger Corporations Limited to Report Fiscal Year 2023 Results on Mar 26, 2024 Adtiger Corporations Limited announced that they will report fiscal year 2023 results on Mar 26, 2024 Announcement • Nov 07
Adtiger Corporations Limited Announces Management Changes The board of directors of Adtiger Corporations Limited announced that Mr. HSIA Timothy Chunhon has resigned as a non-executive Director and a member of the audit committee of the Company, with effect from 6 November 2023 due to his personal business arrangements. The Board also announced that Mr. ZHENG Qi has been appointed as a non-executive Director and a member of the Audit Committee with effect from 6 November 2023. Mr. ZHENG Qi, aged 41, served as inspector, deputy chief clerk and chief clerk of the Beijing General Station of Immigration Inspection from July 2005 to October 2015. Since November 2015, Mr. Zheng has been the chief officer, director and secretary of the board of directors of Prokids Technology Corp., Beijing. Mr. Zheng obtained a bachelor's degree in management from Beijing Wuzi University in July 2005. Mr. Zheng entered into a director's service agreement with the Company commencing on 6 November 2023 and is subject to retirement by rotation and re-election at the annual general meeting at least once every three years in accordance with the articles of association of the Company and the Rules Governing the Listing of Securities on the Stock Exchange. Board Change • Aug 24
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Independent Non-Executive Director John Chan was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Aug 12
Adtiger Corporations Limited to Report First Half, 2023 Results on Aug 23, 2023 Adtiger Corporations Limited announced that they will report first half, 2023 results on Aug 23, 2023 Board Change • Jul 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Independent Non-Executive Director John Chan was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 25
Full year 2022 earnings released: EPS: CN¥0.015 (vs CN¥0.019 in FY 2021) Full year 2022 results: EPS: CN¥0.015 (down from CN¥0.019 in FY 2021). Revenue: CN¥354.6m (flat on FY 2021). Net income: CN¥8.99m (down 24% from FY 2021). Profit margin: 2.5% (down from 3.4% in FY 2021). Revenue is forecast to grow 31% p.a. on average during the next 2 years, compared to a 4.4% growth forecast for the Media industry in Germany. Announcement • Dec 24
Adtiger Corporations Limited Announces Change of Company Secretary Andauthorised Representatives The board of directors of ADTIGER CORPORATIONS LIMITED (the "Company") hereby announces that Ms. Lam Shi Ping ("Ms. Lam") has tendered her resignations from the following offices with effect from 23 December 2022:- (i) a joint company secretary of the Company (the "Joint Company Secretary"); (ii) an authorised representative (the "Exchange Authorised Representative") of the Company under Rule 3.05 of the Rules Governing the Listing of Securities on the Stock Exchange (the "Listing Rules"); and (iii) the authorised representative of the Company for accepting service of process and notices in Hong Kong under Part 16 of the Companies Ordinance (Chapter 622 of the Laws of Hong Kong (the "Part 16 Authorised Representative"). Ms. Lam has confirmed that she has no disagreement with the Board and there is no matter relating to her resignations from the above positions that need to be brought to the attention of the shareholders of the Company and the Stock Exchange. The Board announced that as nominated by Boardroom Corporate Services (HK) Limited, Mr. Chu Wing Tim Benedict ("Mr. Chu") has been appointed as a Joint Company Secretary, an Exchange Authorised Representative and the Part 16 AuthorisedRepresentative of the Company with effect from 23 December 2022. Mr. Chu holds a Master's Degree in Business Administration from the University of Strathclyde, U.K. He is an associate member of both The Chartered Governance Institute and The Hong Kong Chartered Governance Institute (HKCGI), and was awarded with the dual designations of Chartered Secretary and Chartered Governance Professional. Mr. Chu is also an associate member of the Hong Kong Securities and Investment Institute. He has over 10 years' experience in the fields of compliance, securities and corporate secretarial. Reported Earnings • Sep 29
First half 2022 earnings released: EPS: CN¥0.01 (vs CN¥0.022 in 1H 2021) First half 2022 results: EPS: CN¥0.01 (down from CN¥0.022 in 1H 2021). Revenue: CN¥190.5m (up 33% from 1H 2021). Net income: CN¥6.27m (down 55% from 1H 2021). Profit margin: 3.3% (down from 9.6% in 1H 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Media industry in Germany. Reported Earnings • Sep 01
First half 2022 earnings released: EPS: CN¥0.01 (vs CN¥0.022 in 1H 2021) First half 2022 results: EPS: CN¥0.01 (down from CN¥0.022 in 1H 2021). Revenue: CN¥190.5m (up 33% from 1H 2021). Net income: CN¥6.27m (down 55% from 1H 2021). Profit margin: 3.3% (down from 9.6% in 1H 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 33%, compared to a 6.3% growth forecast for the Media industry in Germany. Announcement • Aug 18
Adtiger Corporations Limited to Report First Half, 2022 Results on Aug 29, 2022 Adtiger Corporations Limited announced that they will report first half, 2022 results on Aug 29, 2022 Announcement • Apr 23
Adtiger Corporations Limited, Annual General Meeting, Jun 10, 2022 Adtiger Corporations Limited, Annual General Meeting, Jun 10, 2022, at 10:00 China Standard Time. Location: Room 1004-1005, Tower 5, Laiguangying Chengying Centre, Chaoyang District Beijing China Agenda: To consider and adopt the audited consolidated financial statements of the Company and its subsidiaries for the year ended 31 December 2021 and the respective reports of the Company's directors and independent auditor; to authorise the board of Directors to fix the remuneration of the Directors for the year ending 31 December 2022 ; to re-appoint Ernst & Young as the Independent Auditor in respect of the Company's financial statements for FY 2022 and authorise the Board to fix its remuneration; and to consider any other matters. Board Change • Mar 29
High number of new directors Independent Non-Executive Director John Chan was the last director to join the board, commencing their role in 2020. Reported Earnings • Aug 30
First half 2021 earnings released: EPS CN¥0.022 (vs CN¥0.052 in 1H 2020) The company reported a soft first half result with weaker earnings and profit margins, although revenues improved. First half 2021 results: Revenue: CN¥143.5m (up 17% from 1H 2020). Net income: CN¥13.8m (down 41% from 1H 2020). Profit margin: 9.6% (down from 19% in 1H 2020). Announcement • Mar 20
Adtiger Corporations Limited to Report Fiscal Year 2020 Results on Mar 31, 2021 Adtiger Corporations Limited announced that they will report fiscal year 2020 results on Mar 31, 2021 
