Reported Earnings • May 30
First quarter 2026 earnings released: EPS: RM0 (vs RM0.002 in 1Q 2025) First quarter 2026 results: EPS: RM0 (down from RM0.002 in 1Q 2025). Revenue: RM9.84m (down 33% from 1Q 2025). Net loss: RM498.0k (down 121% from profit in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Announcement • Apr 29
Benalec Holdings Berhad, Annual General Meeting, May 28, 2026 Benalec Holdings Berhad, Annual General Meeting, May 28, 2026, at 10:00 Singapore Standard Time. Location: topas room, the saujana hotel kuala lumpur, jalan lapangan terbang saas, 40150 shah alam, selangor darul ehsan, Malaysia New Risk • Mar 02
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 5.3% Last year net profit margin: 14% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risks Profit margins are more than 30% lower than last year (5.3% net profit margin). Market cap is less than US$100m (RM86.6m market cap, or US$22.1m). Reported Earnings • Mar 02
Full year 2025 earnings released: EPS: RM0.003 (vs RM0.012 in FY 2024) Full year 2025 results: EPS: RM0.003 (down from RM0.012 in FY 2024). Revenue: RM61.5m (down 33% from FY 2024). Net income: RM3.29m (down 74% from FY 2024). Profit margin: 5.3% (down from 14% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. New Risk • Feb 16
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 Malaysian stocks, typically moving 11% 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 Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (RM76.4m market cap, or US$19.6m). 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. 2 experienced directors. 2 highly experienced directors. Independent Non-Executive Director Kenneth Chin was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Nov 26
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 3,113% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (RM91.7m market cap, or US$22.2m). Reported Earnings • Aug 28
Second quarter 2025 earnings released: EPS: RM0.003 (vs RM0.002 in 2Q 2024) Second quarter 2025 results: EPS: RM0.003 (up from RM0.002 in 2Q 2024). Revenue: RM15.4m (up 21% from 2Q 2024). Net income: RM3.36m (up 35% from 2Q 2024). Profit margin: 22% (up from 19% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. New Risk • Jul 10
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 Malaysian stocks, typically moving 8.1% 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: Minor Risks Share price has been volatile over the past 3 months (8.1% average weekly change). Market cap is less than US$100m (RM81.5m market cap, or US$19.2m). Reported Earnings • Jun 03
First quarter 2025 earnings released: EPS: RM0.002 (vs RM0 in 1Q 2024) First quarter 2025 results: EPS: RM0.002 (up from RM0 in 1Q 2024). Revenue: RM14.6m (down 61% from 1Q 2024). Net income: RM2.37m (up RM2.82m from 1Q 2024). Profit margin: 16% (up from net loss in 1Q 2024). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. New Risk • May 06
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 23% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (RM91.7m market cap, or US$21.7m). Announcement • Apr 28
Benalec Holdings Berhad, Annual General Meeting, May 30, 2025 Benalec Holdings Berhad, Annual General Meeting, May 30, 2025, at 10:00 Singapore Standard Time. Location: melati 123 (mezzanine floor), dorsett grand subang, jalan ss12/1, 47500 subang jaya, selangor darul ehsan, Malaysia Reported Earnings • Feb 26
Full year 2024 earnings released: EPS: RM0.013 (vs RM0.06 loss in FY 2023) Full year 2024 results: EPS: RM0.013 (up from RM0.06 loss in FY 2023). Revenue: RM91.3m (up 144% from FY 2023). Net income: RM12.8m (up RM74.0m from FY 2023). Profit margin: 14% (up from net loss in FY 2023). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 28
Third quarter 2024 earnings released: EPS: RM0.009 (vs RM0.015 loss in 3Q 2023) Third quarter 2024 results: EPS: RM0.009 (up from RM0.015 loss in 3Q 2023). Revenue: RM12.9m (up 18% from 3Q 2023). Net income: RM9.48m (up RM24.6m from 3Q 2023). Profit margin: 73% (up from net loss in 3Q 2023). Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 4% per year. New Risk • Sep 17
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risks Share price has been volatile over the past 3 months (8.1% average weekly change). Market cap is less than US$100m (RM122.3m market cap, or US$28.6m). Reported Earnings • Aug 31
Second quarter 2024 earnings released: EPS: RM0.002 (vs RM0.012 loss in 2Q 2023) Second quarter 2024 results: EPS: RM0.002 (up from RM0.012 loss in 2Q 2023). Revenue: RM12.8m (up 47% from 2Q 2023). Net income: RM2.48m (up RM15.1m from 2Q 2023). Profit margin: 19% (up from net loss in 2Q 2023). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Reported Earnings • Jun 04
First quarter 2024 earnings released: EPS: RM0 (vs RM0.008 loss in 1Q 2023) First quarter 2024 results: EPS: RM0 (improved from RM0.008 loss in 1Q 2023). Revenue: RM37.4m (up RM36.2m from 1Q 2023). Net loss: RM453.0k (loss narrowed 94% from 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 4% per year and the company’s share price has also fallen by 4% per year. Announcement • May 01
Benalec Holdings Berhad, Annual General Meeting, May 30, 2024 Benalec Holdings Berhad, Annual General Meeting, May 30, 2024, at 10:00 Singapore Standard Time. Agenda: To receive the Audited Financial Statements for the financial year ended 31 December 2023 together with the Reports of the Directors and Auditors thereon; to approve the payment of Directors's fees of MYR 576,000 for the financial year ended 31 December 2023; to approve the payment of the Directors's benefits up to an aggregate amount of MYR 50,000 for the period from 31 May 2024 until Nineteenth Annual General Meeting of the Company to be held in 2025; to re-elect Encik Fazrin Azwar bin Md. Nor who is retiring pursuant to Clause 76 of the Company's Constitution; to re-appoint BDO PLT as Auditors of the Company for the ensuing year and to authorise the Directors to fix their remuneration; to approve the authority to issue shares pursuant to Sections 75 and 76 of the Companies Act 2016; and to approve the proposed Renewal of Share Buy-Back Mandate. New Risk • Mar 07
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -RM19m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-RM19m free cash flow). Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 18% per year over the past 5 years. Minor Risk Market cap is less than US$100m (RM122.3m market cap, or US$26.0m). Reported Earnings • Mar 01
Full year 2023 earnings released: RM0.064 loss per share (vs RM0.049 loss in FY 2022) Full year 2023 results: RM0.064 loss per share (further deteriorated from RM0.049 loss in FY 2022). Net loss: RM65.5m (loss widened 32% from FY 2022). 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 8% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 29
Third quarter 2023 earnings released: RM0.015 loss per share (vs RM0.007 profit in 3Q 2022) Third quarter 2023 results: RM0.015 loss per share (down from RM0.007 profit in 3Q 2022). Net loss: RM15.1m (down 311% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 25
Second quarter 2023 earnings released: RM0.012 loss per share (vs RM0.01 loss in 2Q 2022) Second quarter 2023 results: RM0.012 loss per share (further deteriorated from RM0.01 loss in 2Q 2022). Revenue: RM8.73m (down 55% from 2Q 2022). Net loss: RM12.6m (loss widened 20% from 2Q 2022). Reported Earnings • May 30
First quarter 2023 earnings released: RM0.008 loss per share (vs RM0.012 loss in 1Q 2022) First quarter 2023 results: RM0.008 loss per share (improved from RM0.012 loss in 1Q 2022). Revenue: RM1.23m (down 60% from 1Q 2022). Net loss: RM7.89m (loss narrowed 35% from 1Q 2022). Reported Earnings • Feb 26
Full year 2022 earnings released: RM0.049 loss per share (vs RM0.038 loss in FY 2021) Full year 2022 results: RM0.049 loss per share (further deteriorated from RM0.038 loss in FY 2021). Revenue: RM76.7m (up 9.7% from FY 2021). Net loss: RM49.6m (loss widened 51% from FY 2021). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 26
Third quarter 2022 earnings released: EPS: RM0.007 (vs RM0.013 loss in 3Q 2021) Third quarter 2022 results: EPS: RM0.007 (up from RM0.013 loss in 3Q 2021). Revenue: RM37.0m (up 278% from 3Q 2021). Net income: RM7.14m (up RM18.3m from 3Q 2021). Profit margin: 19% (up from net loss in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. 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. 2 experienced directors. 3 highly experienced directors. Independent Non-Executive Director Fazrin Bin Md. Nor was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 26
Second quarter 2022 earnings released: RM0.01 loss per share (vs RM0.005 loss in 2Q 2021) Second quarter 2022 results: RM0.01 loss per share (down from RM0.005 loss in 2Q 2021). Net loss: RM10.5m (loss widened 169% from 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 17% per year, which means it is performing significantly worse than earnings. Reported Earnings • May 27
First quarter 2022 earnings: EPS and revenues miss analyst expectations First quarter 2022 results: RM0.012 loss per share (down from RM0.01 loss in 1Q 2021). Net loss: RM12.1m (loss widened 46% from 1Q 2021). Revenue missed analyst estimates by 100%. Earnings per share (EPS) were also behind analyst expectations. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 14% per year. 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. 2 experienced directors. 3 highly experienced directors. Independent Director Fazrin Bin Md. Nor was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Apr 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. 2 experienced directors. 3 highly experienced directors. Independent Director Fazrin Bin Md. Nor was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 02
Full year 2021 earnings: EPS and revenues miss analyst expectations Full year 2021 results: RM0.038 loss per share (up from RM0.08 loss in FY 2020). Revenue: RM69.9m (down 57% from FY 2020). Net loss: RM32.9m (loss narrowed 52% from FY 2020). Revenue missed analyst estimates by 100%. Earnings per share (EPS) were also behind analyst expectations. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. Board Change • Mar 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. 2 experienced directors. 3 highly experienced directors. Independent Director Fazrin Bin Md. Nor was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 30
Third quarter 2021 earnings: EPS and revenues miss analyst expectations Third quarter 2021 results: RM0.013 loss per share (up from RM0.015 loss in 3Q 2020). Revenue: RM9.81m (down 82% from 3Q 2020). Net loss: RM11.2m (loss narrowed 12% from 3Q 2020). Revenue missed analyst estimates by 100%. Earnings per share (EPS) were also behind analyst expectations. Earnings per share (EPS) missed analyst estimates. Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Reported Earnings • Sep 18
Second quarter 2021 earnings released: RM0.005 loss per share (vs RM0.033 loss in 2Q 2020) The company reported a decent second quarter result with reduced losses and improved control over expenses, although revenues were weaker. Second quarter 2021 results: Revenue: RM23.9m (down 38% from 2Q 2020). Net loss: RM3.89m (loss narrowed 86% from 2Q 2020). 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. Reported Earnings • May 19
First quarter 2021 earnings released: RM0.01 loss per share (vs RM0.033 loss in 1Q 2020) The company reported a decent first quarter result with reduced losses and improved control over expenses, although revenues were weaker. First quarter 2021 results: Revenue: RM31.2m (down 19% from 1Q 2020). Net loss: RM8.32m (loss narrowed 70% from 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance. Reported Earnings • Mar 30
Full year 2020 earnings released: RM0.08 loss per share (vs RM0.038 loss in FY 2019) The company reported a mediocre full year result with increased losses and weaker control over costs, although revenues improved. Full year 2020 results: Revenue: RM161.1m (up 78% from FY 2019). Net loss: RM67.8m (loss widened 114% from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 111 percentage points per year, which is a significant difference in performance. Announcement • Oct 17
Benalec Holdings Berhad Announces Re-Designation of Leaw Ai Lin to Non Executive Director from Executive Director Benalec Holdings Berhad announced Redesignation of Leaw Ai Lin to Non Executive Director from Executive Director. The date of change is October 16, 2020.