Reported Earnings • May 05
Full year 2026 earnings released: EPS: RM0 (vs RM0.002 in FY 2025) Full year 2026 results: EPS: RM0 (down from RM0.002 in FY 2025). Revenue: RM56.5m (up 12% from FY 2025). Net income: RM68.0k (down 95% from FY 2025). Profit margin: 0.1% (down from 2.9% in FY 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 113 percentage points per year, which is a significant difference in performance. Reported Earnings • Jan 31
Third quarter 2026 earnings released: EPS: RM0 (vs RM0 in 3Q 2025) Third quarter 2026 results: EPS: RM0 (in line with 3Q 2025). Revenue: RM16.0m (up 49% from 3Q 2025). Net income: RM14.0k (up 133% from 3Q 2025). Profit margin: 0.1% (in line with 3Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 120 percentage points per year, which is a significant difference in performance. Reported Earnings • Oct 29
Second quarter 2026 earnings released: EPS: RM0 (vs RM0.002 in 2Q 2025) Second quarter 2026 results: EPS: RM0 (down from RM0.002 in 2Q 2025). Revenue: RM11.8m (down 18% from 2Q 2025). Net income: RM19.0k (down 97% from 2Q 2025). Profit margin: 0.2% (down from 4.0% in 2Q 2025). The decrease in margin was driven by lower revenue. 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. Reported Earnings • Jul 30
First quarter 2026 earnings released First quarter 2026 results: Revenue: RM9.04m (down 30% from 1Q 2025). Net income: RM7.0k (down 98% from 1Q 2025). Profit margin: 0.1% (down from 2.4% in 1Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 115 percentage points per year, which is a significant difference in performance. New Risk • Jul 13
New major risk - Revenue and earnings growth Earnings have declined by 25% 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. This is currently the only risk that has been identified for the company. Announcement • Jun 26
Ecomate Holdings Berhad, Annual General Meeting, Aug 25, 2025 Ecomate Holdings Berhad, Annual General Meeting, Aug 25, 2025, at 11:00 Singapore Standard Time. Location: bei boutique hotel, centro meeting hall, level 3, 8-3, jalan abdul rahman, 84000 muar, johor darul takzim, Malaysia Announcement • Jun 06
Ecomate Holdings Berhad (KLSE:ECOMATE) entered into a conditional share and purchase agreement to acquire 60% stake in Progressive Computer Systems Sdn. Bhd. from Law Seng Peng for MYR 8.4 million. Ecomate Holdings Berhad (KLSE:ECOMATE) entered into a conditional share and purchase agreement to acquire 60% stake in Progressive Computer Systems Sdn. Bhd. from Law Seng Peng for MYR 8.4 million on June 6, 2025. As part of the acquisition, Ecomate Holdings will acquire 0.6 million shares in Progressive Computer Systems Sdn. Bhd. Upon completion, Law Seng Peng will retain the remaining 40% stake in Progressive Computer Systems Sdn. Bhd. As part of the consideration, MYR 8.4 million will be paid in cash, out of which, MYR 0.1 million was paid as Earnest deposit by Ecomate to Law Seng Peng on April 4, 2025. Ecomate Holdings shall make payment of MYR 0.74 million as the balance deposit for the Proposed Acquisition to Law Seng Peng within 14 business days from the date of SPA and the remaining MYR 7.6 million shall be paid within 30 days upon the fulfilment or satisfaction of the conditions precedent of the SPA. As a consequence to the SPA, Ecomate Holdings, Law Seng Peng and PCS will enter into a shareholders’ agreement (“SHA”) upon completion of the SPA to regulate the affairs of PCS and govern the relationship of the shareholders of PCS. The transaction will be financed via internally-generated funds.
For the period ending December 31, 2024, Progressive Computer Systems Sdn. Bhd. reported profit after tax of MYR 2 million. and net assets of MYR 1.2 million. The transaction is subject to approval of offer by the shareholders of Ecomate Holdings Berhad and any other relevant authority. The transaction is expected to be completed by fourth quarter of 2025.
Khong & Jaafar Sdn Bhd acted as fairness opinion provider to Ecomate Holdings Berhad. M & A Securities Sdn Bhd acted as financial advisor to Ecomate Holdings Berhad. Reported Earnings • May 01
Full year 2025 earnings released: EPS: RM0.004 (vs RM0.004 in FY 2024) Full year 2025 results: EPS: RM0.004 (in line with FY 2024). Revenue: RM50.6m (up 7.1% from FY 2024). Net income: RM1.47m (down 2.5% from FY 2024). Profit margin: 2.9% (down from 3.2% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 102 percentage points per year, which is a significant difference in performance. Reported Earnings • Jan 24
Third quarter 2025 earnings released: EPS: RM0 (vs RM0.001 in 3Q 2024) Third quarter 2025 results: EPS: RM0 (down from RM0.001 in 3Q 2024). Revenue: RM10.7m (down 13% from 3Q 2024). Net income: RM6.0k (down 98% from 3Q 2024). Profit margin: 0.1% (down from 2.1% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 102 percentage points per year, which is a significant difference in performance. Reported Earnings • Oct 30
Second quarter 2025 earnings released: EPS: RM0.002 (vs RM0 in 2Q 2024) Second quarter 2025 results: EPS: RM0.002 (up from RM0 in 2Q 2024). Revenue: RM14.4m (up 44% from 2Q 2024). Net income: RM572.0k (up RM482.0k from 2Q 2024). Profit margin: 4.0% (up from 0.9% in 2Q 2024). The increase in margin was driven by higher revenue. Announcement • Jul 31
Ecomate Holdings Berhad Announces Appointment of Goh Siow Cheng as Independent and Non Executive Member of Audit Committee Ecomate Holdings Berhad Announced Appointment of MISS GOH SIOW CHENG as Independent and Non Executive Member of Audit Committee. Age42. Date of change 31 July 2024. Composition of Audit Committee; Chairperson; Lim Yik Hui (Independent Non-Executive Director), Members; Datuk Lee Ching Yong (Independent Non-Executive Director), Goh Siow Cheng (Independent Non-Executive Director). Reported Earnings • Jul 30
First quarter 2025 earnings released: EPS: RM0.001 (vs RM0.003 in 1Q 2024) First quarter 2025 results: EPS: RM0.001 (down from RM0.003 in 1Q 2024). Revenue: RM12.9m (up 7.8% from 1Q 2024). Net income: RM315.0k (down 69% from 1Q 2024). Profit margin: 2.4% (down from 8.4% in 1Q 2024). The decrease in margin was driven by higher expenses. Announcement • Jun 28
Ecomate Holdings Berhad, Annual General Meeting, Jul 29, 2024 Ecomate Holdings Berhad, Annual General Meeting, Jul 29, 2024, at 11:00 Singapore Standard Time. Location: bei boutique hotel, centro meeting hall, level 3, 8-3, jalan abdul rahman, 84000 muar, johor darul takzim, Malaysia Reported Earnings • May 02
Full year 2024 earnings released: EPS: RM0.005 (vs RM0.018 in FY 2023) Full year 2024 results: EPS: RM0.005 (down from RM0.018 in FY 2023). Revenue: RM47.2m (down 8.1% from FY 2023). Net income: RM1.62m (down 74% from FY 2023). Profit margin: 3.4% (down from 12% in FY 2023). Reported Earnings • Jan 31
Third quarter 2024 earnings released: EPS: RM0.001 (vs RM0.003 in 3Q 2023) Third quarter 2024 results: EPS: RM0.001 (down from RM0.003 in 3Q 2023). Revenue: RM12.3m (down 6.4% from 3Q 2023). Net income: RM258.0k (down 79% from 3Q 2023). Profit margin: 2.1% (down from 9.1% in 3Q 2023). Reported Earnings • Oct 28
Second quarter 2024 earnings released: EPS: RM0 (vs RM0.005 in 2Q 2023) Second quarter 2024 results: EPS: RM0 (down from RM0.005 in 2Q 2023). Revenue: RM10.0m (down 24% from 2Q 2023). Net income: RM90.0k (down 94% from 2Q 2023). Profit margin: 0.9% (down from 12% in 2Q 2023). The decrease in margin was driven by lower revenue. Reported Earnings • Jun 20
Full year 2023 earnings released: EPS: RM0.018 (vs RM0.022 in FY 2022) Full year 2023 results: EPS: RM0.018 (down from RM0.022 in FY 2022). Revenue: RM51.4m (down 13% from FY 2022). Net income: RM6.17m (down 13% from FY 2022). Profit margin: 12% (in line with FY 2022). Announcement • Jun 16
Ecomate Holdings Berhad, Annual General Meeting, Jul 17, 2023 Ecomate Holdings Berhad, Annual General Meeting, Jul 17, 2023, at 11:00 Singapore Standard Time. Agenda: To receive the Audited Financial Statements for the financial year ended 28 February 2023 together with the Reports of Directors and Auditors thereon; to approve the payment of Directors' fees and benefits up to MYR 204,000.00 for the financial year ending 29 February 2024 payable monthly in arrears after each month completed service of the Directors during the subject financial year; to re-elect the Directors who retire in accordance with Clause 95 of the Company's Constitution; to re-appoint Messrs Crowe Malaysia PLT as Auditors of the Company and to authorise the Directors to fix their remuneration; and to consider other matters. Announcement • May 06
Ecomate Holdings Berhad Announces Interim Single Tier Dividend for the Financial Year Ending 29 February 2024, Payable on 02 June 2023 Ecomate Holdings Berhad announced interim single tier dividend of 0.5 sen per ordinary share in respect of the financial year ending 29 February 2024, payable on 02 June 2023. Entitlement date is 22 May 2023. Ex-Date is 19 May 2023. Reported Earnings • Apr 27
Full year 2023 earnings released: EPS: RM0.018 (vs RM0.022 in FY 2022) Full year 2023 results: EPS: RM0.018 (down from RM0.022 in FY 2022). Revenue: RM51.4m (down 13% from FY 2022). Net income: RM6.47m (down 8.8% from FY 2022). Profit margin: 13% (in line with FY 2022). Reported Earnings • Feb 01
Third quarter 2023 earnings released: EPS: RM0.003 (vs RM0.011 in 3Q 2022) Third quarter 2023 results: EPS: RM0.003 (down from RM0.011 in 3Q 2022). Revenue: RM13.2m (down 26% from 3Q 2022). Net income: RM1.21m (down 69% from 3Q 2022). Profit margin: 9.1% (down from 22% in 3Q 2022). The decrease in margin was driven by lower revenue. Board Change • Nov 16
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. Executive Director Cheng Huat Koh is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Oct 26
Second quarter 2023 earnings released: EPS: RM0.005 (vs RM0.011 in 2Q 2022) Second quarter 2023 results: EPS: RM0.005 (down from RM0.011 in 2Q 2022). Revenue: RM13.1m (down 26% from 2Q 2022). Net income: RM1.58m (down 59% from 2Q 2022). Profit margin: 12% (down from 22% in 2Q 2022). The decrease in margin was driven by lower revenue. Board Change • Apr 27
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Executive Director Cheng Huat Koh is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • Apr 26
Ecomate Holdings Berhad Approves Interim Single Tier Dividend in Respect of the Financial Year Ending 28 February 2023, Payable on 3 June 2022 Ecomate Holdings Berhad announced that the Directors had on 25 April 2022 approved an interim single tier dividend of 0.5 sen per ordinary share ("Dividend") in respect of the financial year ending 28 February 2023 to the shareholders of the Company whose names appear in the Record of Depositories on 13 May 2022 and the Dividend so declared is payable on 3 June 2022. Board Change • Jan 02
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Executive Director Cheng Huat Koh is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. 
