New Risk • Sep 29
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 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 Risks Negative equity (-HK$207m). Earnings have declined by 31% per year over the past 5 years. Market cap is less than US$10m (HK$64.9m market cap, or US$8.34m). Minor Risk Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). Buy Or Sell Opportunity • Sep 25
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 32% to HK$0.028. The fair value is estimated to be HK$0.036, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 53% over the last 3 years. Meanwhile, the company became loss making. New Risk • Sep 22
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: HK$72.7m (US$9.35m) 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 Negative equity (-HK$207m). Earnings have declined by 31% per year over the past 5 years. Market cap is less than US$10m (HK$72.7m market cap, or US$9.35m). Buy Or Sell Opportunity • Sep 10
Now 26% overvalued after recent price rise Over the last 90 days, the stock has risen 18% to HK$0.045. The fair value is estimated to be HK$0.036, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 53% over the last 3 years. Meanwhile, the company became loss making. Buy Or Sell Opportunity • Aug 25
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 2.4% to HK$0.043. The fair value is estimated to be HK$0.036, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 53% over the last 3 years. Meanwhile, the company became loss making. Buy Or Sell Opportunity • Jul 31
Now 21% overvalued The stock has been flat over the last 90 days, currently trading at HK$0.043. The fair value is estimated to be HK$0.035, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 53% over the last 3 years. Meanwhile, the company became loss making. Buy Or Sell Opportunity • Jul 15
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 2.4% to HK$0.043. The fair value is estimated to be HK$0.035, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 53% over the last 3 years. Meanwhile, the company became loss making. Buy Or Sell Opportunity • Jun 19
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 59% to HK$0.043. The fair value is estimated to be HK$0.035, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 53% over the last 3 years. Meanwhile, the company became loss making. Buy Or Sell Opportunity • Jun 04
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 30% to HK$0.043. The fair value is estimated to be HK$0.035, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 53% over the last 3 years. Meanwhile, the company became loss making. Buy Or Sell Opportunity • May 20
Now 49% overvalued after recent price rise Over the last 90 days, the stock has risen 66% to HK$0.053. The fair value is estimated to be HK$0.035, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 53% over the last 3 years. Meanwhile, the company became loss making. Buy Or Sell Opportunity • May 02
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 30% to HK$0.043. The fair value is estimated to be HK$0.035, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 53% over the last 3 years. Meanwhile, the company became loss making. New Risk • Apr 17
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 Hong Kong stocks, typically moving 17% 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 (17% average weekly change). Negative equity (-HK$207m). Earnings have declined by 31% per year over the past 5 years. Minor Risk Market cap is less than US$100m (HK$145.4m market cap, or US$18.7m). Buy Or Sell Opportunity • Apr 17
Now 58% overvalued after recent price rise Over the last 90 days, the stock has risen 70% to HK$0.056. The fair value is estimated to be HK$0.035, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 53% over the last 3 years. Meanwhile, the company became loss making. New Risk • Mar 21
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: HK$70.1m (US$9.02m) 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 Negative equity (-HK$207m). Earnings have declined by 31% per year over the past 5 years. Market cap is less than US$10m (HK$70.1m market cap, or US$9.02m). Minor Risk Share price has been volatile over the past 3 months (14% average weekly change). Buy Or Sell Opportunity • Mar 21
Now 24% undervalued after recent price drop Over the last 90 days, the stock has fallen 18% to HK$0.027. The fair value is estimated to be HK$0.035, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 53% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Feb 28
First half 2025 earnings released: HK$0.003 loss per share (vs HK$0.009 loss in 1H 2024) First half 2025 results: HK$0.003 loss per share (improved from HK$0.009 loss in 1H 2024). Revenue: HK$30.9m (down 56% from 1H 2024). Net loss: HK$7.09m (loss narrowed 70% from 1H 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 32 percentage points per year, which is a significant difference in performance. Announcement • Feb 07
Transmit Entertainment Limited to Report First Half, 2025 Results on Feb 25, 2025 Transmit Entertainment Limited announced that they will report first half, 2025 results on Feb 25, 2025 Announcement • Jan 22
Transmit Entertainment Limited Announces Resignation of Wang Bo as Independent Non-Executive Director and Member of the Audit Committee and Chairman of Each of the Nomination Committee and Remuneration Committee The board of directors of Transmit Entertainment Limited announced that Mr. Wang Bo (‘Mr. Wang’) has tendered his resignation as an independent non-executive Director, and ceased to be a member of the audit committee of the Company and the chairman of each of the nomination committee and remuneration committee of the Company with effect from 22 January 2025 as he would like to devote more time to his personal commitments. Reported Earnings • Nov 02
Full year 2024 earnings released: HK$0.14 loss per share (vs HK$0.072 loss in FY 2023) Full year 2024 results: HK$0.14 loss per share (further deteriorated from HK$0.072 loss in FY 2023). Revenue: HK$292.6m (up 76% from FY 2023). Net loss: HK$350.5m (loss widened 88% from FY 2023). 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. New Risk • Sep 28
New major risk - Negative shareholders equity The company has negative equity. Total equity: -HK$185m This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (14% average weekly change). Negative equity (-HK$185m). Earnings have declined by 27% per year over the past 5 years. Minor Risk Market cap is less than US$100m (HK$101.2m market cap, or US$13.0m). Reported Earnings • Sep 28
Full year 2024 earnings released: HK$0.14 loss per share (vs HK$0.072 loss in FY 2023) Full year 2024 results: HK$0.14 loss per share (further deteriorated from HK$0.072 loss in FY 2023). Revenue: HK$292.6m (up 76% from FY 2023). Net loss: HK$350.5m (loss widened 88% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 53 percentage points per year, which is a significant difference in performance. Announcement • Sep 28
Transmit Entertainment Limited Announces the Resignation of Zhao Wenzhu as Executive Director and President, Effective 30 September 2024 The Board of Transmit Entertainment Limited announced that Ms. Zhao Wenzhu ("Ms. Zhao") has tendered her resignation as an executive Director and the president of the Company with effect from 30 September 2024 as she would like to devote more time to her personal commitments. Announcement • Sep 27
Transmit Entertainment Limited, Annual General Meeting, Nov 22, 2024 Transmit Entertainment Limited, Annual General Meeting, Nov 22, 2024, at 15:00 China Standard Time. New Risk • Sep 23
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 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 Risk Earnings have declined by 12% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (HK$90.8m market cap, or US$11.7m). Announcement • Sep 12
Transmit Entertainment Limited to Report Fiscal Year 2024 Final Results on Sep 27, 2024 Transmit Entertainment Limited announced that they will report fiscal year 2024 final results on Sep 27, 2024 Announcement • Sep 10
Transmit Entertainment Limited Appoints Jiang Lei as Chief Executive Officer The Board of Transmit Entertainment Limited announced that Mr. Jiang Lei has been appointed as Chief Executive Officer of the Company with effect from 10 September 2024 to preside over the daily operation of the Company. Mr. Jiang Lei, aged 40, holds a Master of Fine Arts (Directing) from Beijing Film Academy. Mr. Jiang has about 18 years of experience in the film and television entertainment industry. From August 2011 to April 2021, he served as vice president of H&R Century Union Corporation. New Risk • Aug 05
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: HK$75.3m (US$9.67m) 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 (50% average weekly change). Earnings have declined by 12% per year over the past 5 years. Market cap is less than US$10m (HK$75.3m market cap, or US$9.67m). Reported Earnings • Feb 29
First half 2024 earnings released: HK$0.009 loss per share (vs HK$0.007 loss in 1H 2023) First half 2024 results: HK$0.009 loss per share (further deteriorated from HK$0.007 loss in 1H 2023). Revenue: HK$69.7m (down 10% from 1H 2023). Net loss: HK$23.7m (loss widened 40% from 1H 2023). Over the last 3 years on average, earnings per share has fallen by 46% per year whereas the company’s share price has fallen by 45% per year. New Risk • Feb 24
New major risk - Revenue and earnings growth Earnings have declined by 12% 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 12% per year over the past 5 years. Market cap is less than US$10m (HK$59.7m market cap, or US$7.63m). Minor Risk Share price has been volatile over the past 3 months (14% average weekly change). New Risk • Feb 14
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 Hong Kong stocks, typically moving 14% 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 (14% average weekly change). Market cap is less than US$10m (HK$72.7m market cap, or US$9.30m). Announcement • Feb 10
Transmit Entertainment Limited to Report First Half, 2024 Results on Feb 23, 2024 Transmit Entertainment Limited announced that they will report first half, 2024 results on Feb 23, 2024 Announcement • Sep 28
Transmit Entertainment Limited, Annual General Meeting, Nov 24, 2023 Transmit Entertainment Limited, Annual General Meeting, Nov 24, 2023, at 15:00 China Standard Time. Reported Earnings • Sep 28
Full year 2023 earnings released: HK$0.072 loss per share (vs HK$0.036 loss in FY 2022) Full year 2023 results: HK$0.072 loss per share (further deteriorated from HK$0.036 loss in FY 2022). Revenue: HK$166.4m (down 76% from FY 2022). Net loss: HK$186.9m (loss widened 103% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 31% per year, which means it is performing significantly worse than earnings. Announcement • Sep 16
Transmit Entertainment Limited Provides Earnings Guidance for the Year Ended 30 June 2023 Transmit Entertainment Limited is expected to record a net loss attributable to the owners of the Company in the range of approximately HKD 180 million to HKD 190 million as compared to the net loss attributable to the owners of the Company of approximately HKD 92.2 million for the year ended 30 June 2022. It was mainly attributable to (i) the absence of the broadcast of major TV series or variety shows by the Group during the Reporting Period, as the inspiring urban workplace TV series "The Ideal City" and the megahit detective reality show "The Detectives' Adventures" had been broadcast in the corresponding reporting period last year, resulting in a decrease in the revenue from the production and distribution of movies, TV series and variety shows during the Reporting Period; and (ii) delay in the production of various TV series and movies of the Group and the working arrangement of its artistes due to the impact of the COVID-19 pandemic and the related restrictive measures, which, having also taken into account the current market environment, intensified post-pandemic competition and future uncertainties, leading to the Company's provision of approximately HK$118 million for the impairment on goodwill during the Reporting Period. Announcement • Sep 09
Transmit Entertainment Limited to Report Fiscal Year 2023 Results on Sep 27, 2023 Transmit Entertainment Limited announced that they will report fiscal year 2023 results on Sep 27, 2023 Reported Earnings • Feb 25
First half 2023 earnings released: HK$0.006 loss per share (vs HK$0.004 profit in 1H 2022) First half 2023 results: HK$0.006 loss per share (down from HK$0.004 profit in 1H 2022). Revenue: HK$77.8m (down 87% from 1H 2022). Net loss: HK$16.9m (down 260% from profit in 1H 2022). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Announcement • Feb 15
Transmit Entertainment Limited Provides Consolidated Earnings Guidance for the Six Months Ended 31 December 2022 Transmit Entertainment Limited provided consolidated earnings guidance for the six months ended 31 December 2022. The company expects to record a net loss attributable to the owners of the Company in the range of approximately HKD 15 million to HKD 21 million as compared to the profit attributable to the owners of the Company of approximately HKD 10.6 million for the six months ended 31 December 2021. Announcement • Feb 10
Transmit Entertainment Limited to Report First Half, 2023 Results on Feb 24, 2023 Transmit Entertainment Limited announced that they will report first half, 2023 results on Feb 24, 2023 Buying Opportunity • Jan 09
Now 38% undervalued after recent price drop Over the last 90 days, the stock is down 26%. The fair value is estimated to be HK$0.11, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 37%. Board Change • Nov 16
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. President & Executive Director Wenzhu Zhao was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 28
Full year 2022 earnings released: HK$0.036 loss per share (vs HK$0.003 loss in FY 2021) Full year 2022 results: HK$0.036 loss per share (further deteriorated from HK$0.003 loss in FY 2021). Revenue: HK$704.0m (up 54% from FY 2021). Net loss: HK$92.2m (loss widened HK$84.5m from FY 2021). Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings. Announcement • Sep 28
Transmit Entertainment Limited, Annual General Meeting, Nov 25, 2022 Transmit Entertainment Limited, Annual General Meeting, Nov 25, 2022, at 15:00 China Standard Time. Reported Earnings • Sep 28
Full year 2022 earnings released: HK$0.035 loss per share (vs HK$0.003 loss in FY 2021) Full year 2022 results: HK$0.035 loss per share (further deteriorated from HK$0.003 loss in FY 2021). Revenue: HK$704.0m (up 54% from FY 2021). Net loss: HK$92.2m (loss widened HK$84.5m from FY 2021). Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings. Announcement • Sep 16
Transmit Entertainment Limited Provides Consolidated Earnings Guidance for the Year Ended June 30, 2022 Transmit Entertainment Limited provided consolidated earnings guidance for the year ended June 30, 2022. Based on the preliminary review by the Board of the unaudited consolidated management accounts of the Group for the year ended 30 June 2022 (the "Reporting Period"), the Company expects to record a net loss attributable to the owners of the Company in the range of approximately HKD 90 million to HKD 100 million as compared to the net loss attributable to the owners of the Company of approximately HKD 7.6 million for the year ended 30 June 2021. It was mainly attributable to (i) delay in the production of various TV series and variety shows of the Group and the working arrangement of its artistes due to the impact of the coronavirus disease 2019 ("COVID-19") pandemic and the restrictions imposed by the related quarantine and travel measures, which, having also taken into account the current market landscape and future uncertainties, led to the Company's provision of approximately HKD 68 million for the impairment on goodwill during the Reporting Period; and (ii) a decrease in the revenue and profit from the Group's artiste management business for the Reporting Period as compared to the same period last year, and a decrease of approximately HKD 17 million in the fair value of purchased call option, as a result of the impact of the COVID-19 pandemic. Announcement • Sep 10
Transmit Entertainment Limited to Report Fiscal Year 2022 Results on Sep 27, 2022 Transmit Entertainment Limited announced that they will report fiscal year 2022 results on Sep 27, 2022 Buying Opportunity • Aug 29
Now 26% undervalued after recent price drop Over the last 90 days, the stock is down 22%. The fair value is estimated to be HK$0.13, 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 has become profitable. Buying Opportunity • Jul 26
Now 26% undervalued after recent price drop Over the last 90 days, the stock is down 24%. The fair value is estimated to be HK$0.13, 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 has become profitable. Buying Opportunity • Jun 24
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 16%. The fair value is estimated to be HK$0.13, 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 has become profitable. Board Change • Apr 27
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. President & Executive Director Wenzhu Zhao was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 03
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: EPS: HK$0.004 (up from HK$0.031 loss in 1H 2021). Revenue: HK$587.2m (up 265% from 1H 2021). Net income: HK$10.6m (up HK$90.3m from 1H 2021). Profit margin: 1.8% (up from net loss in 1H 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. Announcement • Feb 16
Transmit Entertainment Limited Provides Group Earnings Guidance for the Six Months Ended 31 December 2021 Transmit Entertainment Limited provided Group earnings guidance for the six months ended 31 December 2021. The Group expects to record a profit attributable to owners of the Company in the range of approximately HKD 4,000,000 to HKD 11,000,000 for the Period as compared to the net loss attributable to owners of the Company of approximately HKD 79,715,000 for the six months ended 31 December 2020. Announcement • Feb 12
Transmit Entertainment Limited to Report First Half, 2022 Results on Feb 25, 2022 Transmit Entertainment Limited announced that they will report first half, 2022 results on Feb 25, 2022 Board Change • Jan 01
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. President & Executive Director Wenzhu Zhao was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Dec 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. President & Executive Director Wenzhu Zhao was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 28
Full year 2021 earnings released: HK$0.003 loss per share (vs HK$0.049 loss in FY 2020) The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2021 results: Revenue: HK$457.0m (down 1.8% from FY 2020). Net loss: HK$7.63m (loss narrowed 94% from FY 2020). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Announcement • Sep 15
Transmit Entertainment Limited Provides Unaudited Consolidated Earnings Guidance for the Year Ended June 30, 2021 Transmit Entertainment Limited provided unaudited consolidated earnings guidance for the year ended June 30, 2021. For the period, the Group expects to record a net loss attributable to owners of the Company in the range of approximately HKD 5,000,000 to HKD 15,000,000 for the Year as compared to the net loss attributable to owners of the Company of HKD 126,600,000 for the year ended 30 June 2020. Reported Earnings • Mar 21
First half 2021 earnings released: HK$0.031 loss per share (vs HK$0.008 loss in 1H 2020) The company reported a poor first half result with increased losses, weaker revenues and weaker control over costs. First half 2021 results: Revenue: HK$160.8m (down 48% from 1H 2020). Net loss: HK$79.7m (loss widened 307% from 1H 2020). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 18% per year, which means it is performing significantly worse than earnings. Announcement • Feb 10
Transmit Entertainment Limited to Report First Half, 2021 Results on Feb 26, 2021 Transmit Entertainment Limited announced that they will report first half, 2021 results on Feb 26, 2021 Reported Earnings • Sep 27
Full year earnings released - HK$0.049 loss per share Over the last 12 months the company has reported total losses of HK$126.6m, with losses widening by 253% from the prior year. Total revenue was HK$465.5m over the last 12 months, down 30% from the prior year. Announcement • Sep 11
Transmit Entertainment Limited to Report Fiscal Year 2020 Results on Sep 25, 2020 Transmit Entertainment Limited announced that they will report fiscal year 2020 results on Sep 25, 2020