Declared Dividend • Jun 01
Dividend of HK$0.01 announced Dividend of HK$0.01 is the same as last year. Ex-date: 30th June 2026 Payment date: 16th July 2026 Dividend yield will be 8.1%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is covered by both earnings (56% earnings payout ratio) and cash flows (15% cash payout ratio). The dividend has remained flat since 10 years ago. However, payments have been volatile during that time. Earnings per share has grown by 29% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • May 30
Vodatel Networks Holdings Limited, Annual General Meeting, Jun 26, 2026 Vodatel Networks Holdings Limited, Annual General Meeting, Jun 26, 2026, at 14:30 China Standard Time. Location: harbour grand hong kong, 23 oil street, north point, Hong Kong Reported Earnings • Mar 28
Full year 2025 earnings released: EPS: HK$0.018 (vs HK$0.017 in FY 2024) Full year 2025 results: EPS: HK$0.018 (up from HK$0.017 in FY 2024). Revenue: HK$584.1m (down 3.4% from FY 2024). Net income: HK$11.1m (up 8.0% from FY 2024). Profit margin: 1.9% (up from 1.7% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. New Risk • Mar 19
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: HK$76.4m (US$9.75m) 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 Risk Market cap is less than US$10m (HK$76.4m market cap, or US$9.75m). Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. New Risk • Mar 15
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: Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Market cap is less than US$100m (HK$78.9m market cap, or US$10.1m). Announcement • Feb 27
Vodatel Networks Holdings Limited to Report Fiscal Year 2025 Final Results on Mar 27, 2026 Vodatel Networks Holdings Limited announced that they will report fiscal year 2025 final results on Mar 27, 2026 New Risk • Oct 02
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: HK$77.0m (US$9.90m) 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 Risk Market cap is less than US$10m (HK$77.0m market cap, or US$9.90m). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Reported Earnings • Aug 24
First half 2025 earnings released: EPS: HK$0.008 (vs HK$0.001 in 1H 2024) First half 2025 results: EPS: HK$0.008 (up from HK$0.001 in 1H 2024). Revenue: HK$265.8m (down 6.8% from 1H 2024). Net income: HK$5.18m (up 475% from 1H 2024). Profit margin: 1.9% (up from 0.3% in 1H 2024). Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Announcement • Jul 14
Vodatel Networks Holdings Limited to Report Q2, 2025 Results on Aug 22, 2025 Vodatel Networks Holdings Limited announced that they will report Q2, 2025 results on Aug 22, 2025 Buy Or Sell Opportunity • Jun 20
Now 22% undervalued Over the last 90 days, the stock has risen 16% to HK$0.12. The fair value is estimated to be HK$0.15, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Meanwhile, the company has become profitable. Upcoming Dividend • Jun 18
Upcoming dividend of HK$0.01 per share Eligible shareholders must have bought the stock before 25 June 2025. Payment date: 07 July 2025. Payout ratio is a comfortable 60% but the company is not cash flow positive. Trailing yield: 7.8%. Within top quartile of Hong Kong dividend payers (7.4%). Higher than average of industry peers (3.0%). Declared Dividend • May 25
Dividend of HK$0.01 announced Dividend of HK$0.01 is the same as last year. Ex-date: 25th June 2025 Payment date: 7th July 2025 Dividend yield will be 9.6%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is covered by earnings (60% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has remained flat since 10 years ago. However, payments have been volatile during that time. Earnings per share has grown by 37% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • May 23
Vodatel Networks Holdings Limited, Annual General Meeting, Jun 20, 2025 Vodatel Networks Holdings Limited, Annual General Meeting, Jun 20, 2025, at 14:30 China Standard Time. Location: harbour grand hong kong, 23 oil street, north point, Hong Kong Reported Earnings • Apr 29
Full year 2024 earnings released: EPS: HK$0.017 (vs HK$0.011 in FY 2023) Full year 2024 results: EPS: HK$0.017 (up from HK$0.011 in FY 2023). Revenue: HK$604.8m (up 14% from FY 2023). Net income: HK$10.3m (up 57% from FY 2023). Profit margin: 1.7% (up from 1.2% in FY 2023). 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 16% per year, which means it is significantly lagging earnings. Board Change • Apr 14
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. 2 experienced directors. 5 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non Executive Director Kwok Wong was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Mar 28
Full year 2024 earnings released: EPS: HK$0.017 (vs HK$0.011 in FY 2023) Full year 2024 results: EPS: HK$0.017 (up from HK$0.011 in FY 2023). Revenue: HK$604.8m (up 14% from FY 2023). Net income: HK$10.3m (up 57% from FY 2023). Profit margin: 1.7% (up from 1.2% in FY 2023). The increase in margin was driven by higher revenue. 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 12% per year, which means it is significantly lagging earnings. Announcement • Mar 27
Vodatel Networks Holdings Limited Proposes Final Ordinary Dividend for the Financial Year Ended 31 December 2024, 07 July 2025 Vodatel Networks Holdings Limited proposed Final Ordinary dividend for the financial year ended 31 December 2024 of Dividend declared HKD 0.01 per share. Payment date: 07 July 2025. New Risk • Mar 14
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 Risks High level of non-cash earnings (41% accrual ratio). Market cap is less than US$10m (HK$65.3m market cap, or US$8.40m). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (10% average weekly change). Announcement • Feb 26
Vodatel Networks Holdings Limited to Report Fiscal Year 2024 Results on Mar 26, 2025 Vodatel Networks Holdings Limited announced that they will report fiscal year 2024 results on Mar 26, 2025 Buy Or Sell Opportunity • Feb 19
Now 21% undervalued Over the last 90 days, the stock has risen 13% to HK$0.11. The fair value is estimated to be HK$0.14, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Meanwhile, the company has become profitable. New Risk • Jan 24
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 Hong Kong stocks, typically moving 10% 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 High level of non-cash earnings (41% accrual ratio). Market cap is less than US$10m (HK$67.8m market cap, or US$8.70m). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (10% average weekly change). New Risk • Oct 08
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: HK$70.9m (US$9.11m) 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 High level of non-cash earnings (41% accrual ratio). Market cap is less than US$10m (HK$70.9m market cap, or US$9.11m). Minor Risk Paying a dividend despite having no free cash flows. Buy Or Sell Opportunity • Oct 08
Now 26% undervalued after recent price drop Over the last 90 days, the stock has fallen 27% to HK$0.12. The fair value is estimated to be HK$0.15, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Meanwhile, the company has become profitable. Reported Earnings • Aug 26
First half 2024 earnings released: EPS: HK$0.001 (vs HK$0.017 loss in 1H 2023) First half 2024 results: EPS: HK$0.001 (up from HK$0.017 loss in 1H 2023). Revenue: HK$285.1m (up 31% from 1H 2023). Net income: HK$901.0k (up HK$11.3m from 1H 2023). Profit margin: 0.3% (up from net loss in 1H 2023). Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Announcement • Jul 18
Vodatel Networks Holdings Limited to Report First Half, 2024 Results on Aug 23, 2024 Vodatel Networks Holdings Limited announced that they will report first half, 2024 results on Aug 23, 2024 Upcoming Dividend • Jun 19
Upcoming dividend of HK$0.01 per share Eligible shareholders must have bought the stock before 26 June 2024. Payment date: 05 July 2024. Payout ratio is on the higher end at 94%, however this is supported by cash flows. Trailing yield: 6.3%. Lower than top quartile of Hong Kong dividend payers (7.8%). Higher than average of industry peers (3.1%). Announcement • May 31
Vodatel Networks Holdings Limited, Annual General Meeting, Jun 24, 2024 Vodatel Networks Holdings Limited, Annual General Meeting, Jun 24, 2024, at 14:30 China Standard Time. Location: harbour grand hong kong, 23 oil street, north point, hong kong special administrative region, China Declared Dividend • May 31
Dividend of HK$0.01 announced Dividend of HK$0.01 is the same as last year. Ex-date: 26th June 2024 Payment date: 5th July 2024 Dividend yield will be 6.8%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is not adequately covered by earnings (94% earnings payout ratio). However, it is well covered by cash flows (11% cash payout ratio). The dividend has remained flat since 9 years ago. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 4.8% to bring the payout ratio under control, which is less than the 6.0% EPS growth achieved over the last 5 years. Buy Or Sell Opportunity • May 16
Now 24% overvalued after recent price rise Over the last 90 days, the stock has risen 21% to HK$0.17. The fair value is estimated to be HK$0.14, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has declined by 35%. Reported Earnings • Mar 28
Full year 2023 earnings released: EPS: HK$0.011 (vs HK$0.009 in FY 2022) Full year 2023 results: EPS: HK$0.011 (up from HK$0.009 in FY 2022). Revenue: HK$528.1m (up 7.4% from FY 2022). Net income: HK$6.53m (up 20% from FY 2022). Profit margin: 1.2% (up from 1.1% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Announcement • Mar 27
Vodatel Networks Holdings Limited Announces Final Ordinary Dividend for the Financial Year End 31 December 2023, Payable on July 5, 2024 Vodatel Networks Holdings Limited announces final ordinary dividend of HKD 0.01 per share for the financial year end 31 December 2023, payable on July 5, 2024. Buy Or Sell Opportunity • Mar 13
Now 29% overvalued after recent price rise Over the last 90 days, the stock has risen 23% to HK$0.17. The fair value is estimated to be HK$0.13, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.2% over the last 3 years. Meanwhile, the company became loss making. New Risk • Jan 30
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 Hong Kong stocks, typically moving 11% 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 Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 2.1% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (HK$91.8m market cap, or US$11.7m). Buy Or Sell Opportunity • Jan 30
Now 24% overvalued Over the last 90 days, the stock has fallen 4.5% to HK$0.15. The fair value is estimated to be HK$0.12, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.2% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Nov 13
Third quarter 2023 earnings released: EPS: HK$0.008 (vs HK$0.021 in 3Q 2022) Third quarter 2023 results: EPS: HK$0.008 (down from HK$0.021 in 3Q 2022). Revenue: HK$114.1m (down 7.0% from 3Q 2022). Net income: HK$4.71m (down 64% from 3Q 2022). Profit margin: 4.1% (down from 11% in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Reported Earnings • Aug 12
Second quarter 2023 earnings released: EPS: HK$0 (vs HK$0.004 in 2Q 2022) Second quarter 2023 results: EPS: HK$0 (down from HK$0.004 in 2Q 2022). Revenue: HK$132.9m (up 69% from 2Q 2022). Net income: HK$183.0k (down 92% from 2Q 2022). Profit margin: 0.1% (down from 2.9% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jul 24
Vodatel Networks Holdings Limited to Report Q2, 2023 Results on Aug 10, 2023 Vodatel Networks Holdings Limited announced that they will report Q2, 2023 results at 4:00 PM, China Standard Time on Aug 10, 2023 Upcoming Dividend • Jun 14
Upcoming dividend of HK$0.01 per share at 5.8% yield Eligible shareholders must have bought the stock before 21 June 2023. Payment date: 07 July 2023. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 5.8%. Lower than top quartile of Hong Kong dividend payers (7.8%). Higher than average of industry peers (2.7%). Reported Earnings • May 13
First quarter 2023 earnings released: HK$0.017 loss per share (vs HK$0.009 loss in 1Q 2022) First quarter 2023 results: HK$0.017 loss per share (further deteriorated from HK$0.009 loss in 1Q 2022). Revenue: HK$85.4m (down 3.5% from 1Q 2022). Net loss: HK$10.6m (loss widened 95% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Mar 24
Full year 2022 earnings released: EPS: HK$0.009 (vs HK$0.006 loss in FY 2021) Full year 2022 results: EPS: HK$0.009 (up from HK$0.006 loss in FY 2021). Revenue: HK$491.6m (up 19% from FY 2021). Net income: HK$5.46m (up HK$9.11m from FY 2021). Profit margin: 1.1% (up from net loss in FY 2021). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Announcement • Feb 18
Vodatel Networks Holdings Limited to Report Fiscal Year 2023 Results on Mar 23, 2023 Vodatel Networks Holdings Limited announced that they will report fiscal year 2023 results on Mar 23, 2023 Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non Executive Director Kwok Wong was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Oct 12
Vodatel Networks Holdings Limited to Report Q3, 2022 Results on Nov 10, 2022 Vodatel Networks Holdings Limited announced that they will report Q3, 2022 results at 4:00 PM, China Standard Time on Nov 10, 2022 Reported Earnings • Aug 14
Second quarter 2022 earnings released: EPS: HK$0.004 (vs HK$0.009 loss in 2Q 2021) Second quarter 2022 results: EPS: HK$0.004 (up from HK$0.009 loss in 2Q 2021). Revenue: HK$78.6m (down 10% from 2Q 2021). Net income: HK$2.30m (up HK$8.00m from 2Q 2021). Profit margin: 2.9% (up from net loss in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Announcement • Jul 12
Vodatel Networks Holdings Limited to Report First Half, 2022 Results on Aug 11, 2022 Vodatel Networks Holdings Limited announced that they will report first half, 2022 results on Aug 11, 2022 Upcoming Dividend • Jun 15
Upcoming dividend of HK$0.01 per share Eligible shareholders must have bought the stock before 22 June 2022. Payment date: 08 July 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 5.4%. Lower than top quartile of Hong Kong dividend payers (7.8%). Higher than average of industry peers (2.9%). Reported Earnings • May 13
First quarter 2022 earnings released: HK$0.009 loss per share (vs HK$0.003 profit in 1Q 2021) First quarter 2022 results: HK$0.009 loss per share (down from HK$0.003 profit in 1Q 2021). Revenue: HK$88.5m (down 25% from 1Q 2021). Net loss: HK$5.45m (down 371% from profit in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Announcement • May 13
Vodatel Networks Holdings Limited, Annual General Meeting, Jun 17, 2022 Vodatel Networks Holdings Limited, Annual General Meeting, Jun 17, 2022, at 14:30 China Standard Time. Location: at Harbour Grand Hong Kong, 23 Oil Street, North Point Hong Kong Agenda: To receive and adopt the audited consolidated financial statements and the reports of the directors and auditor of the Company for the year ended 31st December 2021; to approve the payment of a final dividend for the year ended 31st December 2021; to re-elect Wong Tsu An Patrick as an independent non-executive director of the Company; to authorise the board of the directors of the Company to fix the remuneration of the directors of the Company; and to consider other matters. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non Executive Director Kwok Wong was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 13
Vodatel Networks Holdings Limited to Report Q1, 2022 Results on May 12, 2022 Vodatel Networks Holdings Limited announced that they will report Q1, 2022 results on May 12, 2022 Reported Earnings • Apr 01
Full year 2021 earnings released Full year 2021 results: Revenue: HK$413.1m (up 1.1% from FY 2020). Net loss: HK$3.65m (down 196% from profit in FY 2020). Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Announcement • Mar 29
Vodatel Networks Holdings Limited Provides Earnings Guidance for the Year 2021 The Board of Vodatel Networks Holdings Limited provided earnings guidance for the year 2021. The Company announced that the Group is expected to post a loss of approximately HKD 8,400,000 for the Year, instead of HKD 7,700,000 as stated in the announcement of the Company dated 23rd March 2022 due to a revised accounting treatment suggested by the auditor of the Company. Reported Earnings • Nov 12
Third quarter 2021 earnings released: HK$0.002 loss per share (vs HK$0.01 profit in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: HK$78.2m (down 18% from 3Q 2020). Net loss: HK$1.29m (down 122% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Recent Insider Transactions Derivative • Oct 16
Chief Executive exercised options to buy HK$134k worth of stock. On the 15th of October, Monica Maria Nunes exercised options to buy 840k shares at a strike price of around HK$0.12, costing a total of HK$101k. This transaction amounted to 34% of their direct individual holding at the time of the trade. Since December 2020, Monica Maria has owned 2.45m shares directly. Company insiders have collectively bought HK$202k more than they sold, via options and on-market transactions, in the last 12 months. Reported Earnings • Aug 12
Second quarter 2021 earnings released: HK$0.009 loss per share (vs HK$0.005 loss in 2Q 2020) The company reported a soft second quarter result with increased losses and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: HK$87.6m (up 5.5% from 2Q 2020). Net loss: HK$5.71m (loss widened 93% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Upcoming Dividend • Jun 16
Upcoming dividend of HK$0.01 per share Eligible shareholders must have bought the stock before 23 June 2021. Payment date: 09 July 2021. Trailing yield: 5.6%. Lower than top quartile of Hong Kong dividend payers (6.0%). Higher than average of industry peers (2.0%). Reported Earnings • May 16
First quarter 2021 earnings released: EPS HK$0.003 (vs HK$0.007 loss in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: HK$117.2m (up 30% from 1Q 2020). Net income: HK$2.02m (up HK$6.51m from 1Q 2020). Profit margin: 1.7% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 21
Full year 2020 earnings released: EPS HK$0.006 (vs HK$0.009 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: HK$408.7m (down 23% from FY 2019). Net income: HK$3.83m (up HK$9.08m from FY 2019). Profit margin: 0.9% (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 4% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. Announcement • Feb 03
Vodatel Networks Holdings Limited to Report Fiscal Year 2020 Results on Mar 19, 2021 Vodatel Networks Holdings Limited announced that they will report fiscal year 2020 results on Mar 19, 2021 Reported Earnings • Nov 12
Third quarter 2020 earnings released: EPS HK$0.01 The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: HK$94.8m (down 36% from 3Q 2019). Net income: HK$5.88m (up 50% from 3Q 2019). Profit margin: 6.2% (up from 2.6% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 69% per year but the company’s share price has only fallen by 25% per year, which means it has not declined as severely as earnings. Announcement • Oct 20
Vodatel Networks Holdings Limited to Report Q3, 2020 Results on Nov 11, 2020 Vodatel Networks Holdings Limited announced that they will report Q3, 2020 results on Nov 11, 2020 Announcement • Jul 18
Vodatel Networks Holdings Limited to Report First Half, 2020 Results on Aug 12, 2020 Vodatel Networks Holdings Limited announced that they will report first half, 2020 results on Aug 12, 2020