Reported Earnings • May 23
Third quarter 2026 earnings released: EPS: RM0.017 (vs RM0.018 in 3Q 2025) Third quarter 2026 results: EPS: RM0.017 (down from RM0.018 in 3Q 2025). Revenue: RM419.5m (up 149% from 3Q 2025). Net income: RM10.3m (down 2.5% from 3Q 2025). Profit margin: 2.5% (down from 6.3% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 11% p.a. on average during the next 3 years, while revenues in the Energy Services industry in Malaysia are expected to grow by 4.7%. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Major Estimate Revision • Apr 10
Consensus EPS estimates fall by 16% The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate fell from RM0.111 to RM0.093. Revenue forecast unchanged from RM886.0m at last update. Net income forecast to grow 1.1% next year vs 1.5% growth forecast for Energy Services industry in Malaysia. Consensus price target of RM0.67 unchanged from last update. Share price rose 7.9% to RM0.41 over the past week. Major Estimate Revision • Apr 07
Consensus EPS estimates increase by 19% The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate increased from RM0.093 to RM0.111. Revenue forecast unchanged at RM955.6m. Net income forecast to shrink 0.3% next year vs 0.8% growth forecast for Energy Services industry in Malaysia . Consensus price target of RM0.67 unchanged from last update. Share price rose 2.6% to RM0.40 over the past week. Reported Earnings • Feb 28
Second quarter 2026 earnings released: EPS: RM0.02 (vs RM0.021 in 2Q 2025) Second quarter 2026 results: EPS: RM0.02. Revenue: RM289.7m (up 114% from 2Q 2025). Net income: RM12.2m (up 1.5% from 2Q 2025). Profit margin: 4.2% (down from 8.8% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 2.9% growth forecast for the Energy Services industry in Malaysia. Reported Earnings • Nov 02
Full year 2025 earnings: EPS and revenues exceed analyst expectations Full year 2025 results: EPS: RM0.091 (up from RM0.081 in FY 2024). Revenue: RM716.7m (up 19% from FY 2024). Net income: RM53.6m (up 24% from FY 2024). Profit margin: 7.5% (up from 7.2% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.0%. Earnings per share (EPS) also surpassed analyst estimates by 64%. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, while revenues in the Energy Services industry in Malaysia are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Announcement • Oct 24
Uzma Berhad, Annual General Meeting, Nov 25, 2025 Uzma Berhad, Annual General Meeting, Nov 25, 2025, at 10:00 Singapore Standard Time. Location: theatre, damansara performing arts centre, g floor, uzma tower, no. 2, jalan pju 8/8a, damansara perdana, 47820 petaling jaya, selangor darul ehsan, Malaysia Reported Earnings • Aug 27
Full year 2025 earnings released: EPS: RM0.12 (vs RM0.084 in FY 2024) Full year 2025 results: EPS: RM0.12 (up from RM0.084 in FY 2024). Revenue: RM725.1m (up 21% from FY 2024). Net income: RM53.5m (up 24% from FY 2024). Profit margin: 7.4% (up from 7.2% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 2 years, in line with the revenue forecast for the Energy Services industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Price Target Changed • Jun 18
Price target decreased by 14% to RM0.78 Down from RM0.91, the current price target is an average from 4 analysts. New target price is 90% above last closing price of RM0.41. Stock is down 53% over the past year. The company is forecast to post earnings per share of RM0.073 for next year compared to RM0.084 last year. New Risk • May 13
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 23% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (3.0% operating cash flow to total debt). High level of non-cash earnings (35% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (23% increase in shares outstanding). Market cap is less than US$100m (RM254.6m market cap, or US$58.8m). Announcement • Feb 21
Uzma Berhad (KLSE:UZMA) acquired the remaining stake in Premier Enterprise Corporation Sdn. Bhd. for MYR 0.03 million. Uzma Berhad (KLSE:UZMA) acquired the remaining stake in Premier Enterprise Corporation Sdn. Bhd. for MYR 0.03 million on November 15, 2024. A cash consideration of MYR 0.03 million will be paid by Uzma Berhad. As part of consideration, MYR 0.03 million is paid towards None of Premier Enterprise Corporation Sdn. Bhd.
Uzma Berhad (KLSE:UZMA) completed the acquisition of the remaining stake in Premier Enterprise Corporation Sdn. Bhd. for MYR 0.03 million on November 15, 2024. Reported Earnings • Feb 21
Second quarter 2025 earnings released: EPS: RM0.028 (vs RM0.033 in 2Q 2024) Second quarter 2025 results: EPS: RM0.028 (down from RM0.033 in 2Q 2024). Revenue: RM135.6m (down 1.7% from 2Q 2024). Net income: RM12.0m (down 5.1% from 2Q 2024). Profit margin: 8.8% (down from 9.2% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 5.1% decline forecast for the Energy Services industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Price Target Changed • Feb 20
Price target decreased by 9.2% to RM1.21 Down from RM1.33, the current price target is an average from 3 analysts. New target price is 89% above last closing price of RM0.64. Stock is down 43% over the past year. The company is forecast to post earnings per share of RM0.12 for next year compared to RM0.11 last year. Reported Earnings • Nov 21
First quarter 2025 earnings released: EPS: RM0.025 (vs RM0.031 in 1Q 2024) First quarter 2025 results: EPS: RM0.025 (down from RM0.031 in 1Q 2024). Revenue: RM207.9m (up 38% from 1Q 2024). Net income: RM11.1m (down 7.3% from 1Q 2024). Profit margin: 5.3% (down from 7.9% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 5.6% decline forecast for the Energy Services industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Nov 20
Upcoming dividend of RM0.02 per share Eligible shareholders must have bought the stock before 27 November 2024. Payment date: 26 December 2024. Payout ratio is a comfortable 18% but the company is not cash flow positive. Trailing yield: 2.4%. Lower than top quartile of Malaysian dividend payers (4.8%). Higher than average of industry peers (2.1%). Reported Earnings • Oct 18
Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2024 results: EPS: RM0.11 (up from RM0.095 in FY 2023). Revenue: RM600.3m (up 27% from FY 2023). Net income: RM43.2m (up 29% from FY 2023). Profit margin: 7.2% (up from 7.1% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.6%. Earnings per share (EPS) missed analyst estimates by 13%. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 5.4% decline forecast for the Energy Services industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. New Risk • Oct 16
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 2.3% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (9.7% operating cash flow to total debt). High level of non-cash earnings (28% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (12% increase in shares outstanding). Market cap is less than US$100m (RM394.0m market cap, or US$91.8m). Announcement • Sep 27
Uzma Berhad Recommends First and Final Single Tier Dividend for the Financial Year Ended 30 June 2024 The Board of Directors of Uzma Berhad recommended a first and final single tier dividend of MYR 0.02 per Uzma share in respect of the financial year ended 30 June 2024. The declaration of the first and final single tier dividend is subject to the approval of the Company's shareholders at the upcoming Seventeenth Annual General Meeting of the Company. Major Estimate Revision • Sep 02
Consensus EPS estimates fall by 24% The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from RM0.138 to RM0.105. Revenue forecast unchanged from RM626.3m at last update. Net income forecast to grow 29% next year vs 7.8% growth forecast for Energy Services industry in Malaysia. Consensus price target up from RM1.38 to RM1.41. Share price was steady at RM1.00 over the past week. Reported Earnings • Aug 27
Full year 2024 earnings released: EPS: RM0.11 (vs RM0.095 in FY 2023) Full year 2024 results: EPS: RM0.11 (up from RM0.095 in FY 2023). Revenue: RM600.7m (up 27% from FY 2023). Net income: RM50.1m (up 49% from FY 2023). Profit margin: 8.3% (up from 7.1% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.9% p.a. on average during the next 2 years, compared to a 6.3% decline forecast for the Energy Services industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. New Risk • Aug 05
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: RM422.3m (US$95.4m) This is considered a minor 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: Minor Risks High level of debt (58% net debt to equity). Shareholders have been diluted in the past year (12% increase in shares outstanding). Market cap is less than US$100m (RM422.3m market cap, or US$95.4m). Board Change • Jul 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Chief People Officer & Executive Director Hassan Binti Mat Shah was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Price Target Changed • Jun 13
Price target decreased by 7.2% to RM1.38 Down from RM1.48, the current price target is an average from 3 analysts. New target price is 14% above last closing price of RM1.21. Stock is up 92% over the past year. The company is forecast to post earnings per share of RM0.13 for next year compared to RM0.095 last year. Reported Earnings • May 25
Third quarter 2024 earnings released: EPS: RM0.026 (vs RM0.026 in 3Q 2023) Third quarter 2024 results: EPS: RM0.026 (in line with 3Q 2023). Revenue: RM106.7m (up 24% from 3Q 2023). Net income: RM9.94m (up 8.2% from 3Q 2023). Profit margin: 9.3% (down from 11% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 4.8% decline forecast for the Energy Services industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Announcement • May 25
Uzma Berhad Appoints Datin Rozita Binti Mat Shah @ Hassan as Executive Director Uzma Berhad announced the appointment of Datin Rozita Binti Mat Shah @ Hassan, aged 54 as Executive Director. Qualifications: Bachelor of Science in Chemical Engineering from Rensselaer Polytechnic Institute, New York, United States of America. Working experience and occupation: Datin Rozita graduated with a Bachelor of Science in Chemical Engineering from Rensselaer Polytechnic Institute, New York in 1993. She worked for an American technology company before returning to Malaysia in 1994 where she joined Exxon Production Malaysia Inc. (EPMI) as a Systems Engineer. She held various technical roles during her 6 years with EPMI during which she developed sound project management skills and became an accomplished Project Engineer. After a short stint as a Project Engineer with OGP Technical Services Sdn. Bhd., she joined forces with her husband, Dato' Kamarul Redzuan Bin Muhamed to set up Uzma. Her initial role in Uzma Malaysia was to build the core consultancy business where she had successfully grown the business during her tenure. Her good business acumen, people skills and strong management techniques have won her respect from the staffs, customers and consultants. She became the Operations Director, managing the back office functions for the whole business as well as performance improvement. The back office functions include logistics, human resources and information technology, as well as corporate social responsibility. She was appointed as Executive Director of Uzma Berhad on 21 May 2008 and retired on 25 May 2016. Currently, Datin Rozita is Chief People Officer of Uzma Berhad. New Risk • Apr 17
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: RM476.3m (US$99.4m) This is considered a minor 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: Minor Risks High level of debt (58% net debt to equity). Share price has been volatile over the past 3 months (7.9% average weekly change). Shareholders have been diluted in the past year (10.0% increase in shares outstanding). Market cap is less than US$100m (RM476.3m market cap, or US$99.4m). Price Target Changed • Feb 21
Price target increased by 16% to RM1.32 Up from RM1.13, the current price target is an average from 3 analysts. New target price is 12% above last closing price of RM1.18. Stock is up 77% over the past year. The company is forecast to post earnings per share of RM0.13 for next year compared to RM0.095 last year. Announcement • Feb 21
Uzma Berhad Appoints Dato' Nasri Bin Nasrun as Non Independent and Non Executive Director Uzma Berhad appointed Dato' Nasri Bin Nasrun as Non Independent and Non Executive Director. Age is 54, gender is male, nationality is Malaysia and date of change is 20 February 2024. Qualifications: Chartered Accountant from Malaysian Institute of Accountants (MIA); Advanced Diploma in Accountancy from Universiti Teknologi MARA. Working experience and occupation: Dato' Nasri Bin Nasrun (Dato Nasri) has more than 30 years experience in finance, accounting and entrepreneurship. He started as Audit Assistant at KPMG Desa Megat & Co, Kuala Lumpur in 1992. He then joined Schlumberger Technical Services Inc, Dubai, United Arab Emirates in 1996 as its Tax Consultant, where he was then responsible for its financial accounting and regional consolidation. Upon his return to Malaysia, Dato Nasri ventured into several businesses, amongst which, in Information Technology. In 2000, with several local talents whom he had identified, Dato Nasri co-founded Secure Computing & Networking Associates Sdn. Bhd. (later, SCAN Associates Berhad). Dato Nasri then ventured into construction and the oil and gas industry under a group of companies he had set up, namely, Setegap Ventures Group of Companies. Under one of its subsidiaries, Dato Nasri was entrusted by the Malaysian government to pioneer and undertake the BLMT/PFI Concession for Student Accomodation for one of the Malaysias public universites. SCAN Group and Setegap Ventures Group of companies thrived under Dato Nasris leadership, whereby notable achievements during the tenure included successful listings on the Kuala Lumpur Stock Exchange (KLSE) and commendable recognition under PETRONAS' Vendor Development Program (VDP). Dato Nasris passion for technology and innovation continues to grow, such being evident in his current ventures and participation in Biopolymer and Green Technology, New Space Industry and Green Energy Generation. Directorships in public companies and listed issuers (if any): Sedania Innovator Berhad. Reported Earnings • Feb 21
Second quarter 2024 earnings released: EPS: RM0.033 (vs RM0.029 in 2Q 2023) Second quarter 2024 results: EPS: RM0.033 (up from RM0.029 in 2Q 2023). Revenue: RM137.9m (down 1.0% from 2Q 2023). Net income: RM12.6m (up 23% from 2Q 2023). Profit margin: 9.2% (up from 7.4% in 2Q 2023). Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 4.2% decline forecast for the Energy Services industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Announcement • Feb 21
Uzma Berhad Appoints Dato' Nasri Bin Nasrun as Non Independent and Non Executive Member of Audit Committee Uzma Berhad appointed Dato' Nasri Bin Nasrun as Non Independent and Non Executive Member of Audit Committee. Age is 54, gender is male, nationality is Malaysia and date of change is 20 February 2024. Composition of Audit Committee (Name and Directorate of members after change): YM Tengku Ezuan Ismara bin Tengku Nun Ahmad - Chairman (Independent Non-Executive Director); Encik Ikhlas bin Abdul Rahman - Member (Independent Non-Executive Director); Encik Mazli Zakuan bin Mohd Noor - Member (Independent Non-Executive Director); Dato' Nasri bin Nasrun - Member (Non-Independent Non-Executive Director). New Risk • Feb 06
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 7.4% 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 High level of debt (59% net debt to equity). Share price has been volatile over the past 3 months (7.4% average weekly change). Shareholders have been diluted in the past year (10.0% increase in shares outstanding). Market cap is less than US$100m (RM460.8m market cap, or US$96.9m). Valuation Update With 7 Day Price Move • Jan 26
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to RM1.06, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 10x in the Energy Services industry in Malaysia. Total returns to shareholders of 119% over the past three years. Price Target Changed • Dec 05
Price target increased by 7.3% to RM1.13 Up from RM1.06, the current price target is an average from 3 analysts. New target price is 49% above last closing price of RM0.76. Stock is up 37% over the past year. The company is forecast to post earnings per share of RM0.11 for next year compared to RM0.095 last year. Announcement • Nov 30
Uzma Berhad Announces Resignation of Encik Yahya Bin Razali as Independent and Non Executive Director Uzma Berhad announced resignation of Encik Yahya Bin Razali as Independent and Non Executive Director. Age: 68, Gender: Male, Nationality: Malaysia, Date of change is 30 November 2023. Remarks: Encik Yahya bin Razali did not seek for retension as independent director of the company at the sixteenth annual genereal meeitng (16 AGM) and had also expressed his intention to retire from the board at the conclusion of the 16th AGM. Reported Earnings • Nov 05
Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2023 results: EPS: RM0.095 (up from RM0.008 in FY 2022). Revenue: RM473.8m (up 25% from FY 2022). Net income: RM33.6m (up RM30.7m from FY 2022). Profit margin: 7.1% (up from 0.8% in FY 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 5.6%. Earnings per share (EPS) exceeded analyst estimates by 1.6%. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 4.1% decline forecast for the Energy Services industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth. Announcement • Oct 31
Uzma Berhad, Annual General Meeting, Nov 30, 2023 Uzma Berhad, Annual General Meeting, Nov 30, 2023, at 10:00 Singapore Standard Time. Location: Level 2, Uzma Tower, No. 2, Jalan PJU 8/8a Damansara Perdana, 47820 Petaling Jaya, Selangor Darul Ehsan, Malaysia SELANGOR DARUL EHSAN Malaysia Agenda: To consider and approve the audited Financial Statements of the Company for the financial year ended 30 June 2023 together with the Directors' and auditors' Reports thereon; to consider and approve the Directors' fees and benefits payable to the Non-Executive Directors of up to an aggregate amount of RM1,179,000.00 for the period from 1 December 2023 until the next annual General Meeting of the Company and the payment thereof; and to consider other matters. Price Target Changed • Aug 28
Price target increased by 7.6% to RM0.94 Up from RM0.88, the current price target is an average from 3 analysts. New target price is 27% above last closing price of RM0.74. Stock is up 99% over the past year. The company is forecast to post earnings per share of RM0.11 for next year compared to RM0.11 last year. Reported Earnings • Aug 26
Full year 2023 earnings released: EPS: RM0.11 (vs RM0.008 in FY 2022) Full year 2023 results: EPS: RM0.11 (up from RM0.008 in FY 2022). Revenue: RM474.0m (up 25% from FY 2022). Net income: RM39.0m (up RM36.1m from FY 2022). Profit margin: 8.2% (up from 0.8% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 3.3% decline forecast for the Energy Services industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. New Risk • Jul 07
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 10.0% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks High level of debt (55% net debt to equity). Shareholders have been diluted in the past year (10.0% increase in shares outstanding). Market cap is less than US$100m (RM244.0m market cap, or US$52.3m). Reported Earnings • Jun 01
Third quarter 2023 earnings released: EPS: RM0.026 (vs RM0.003 in 3Q 2022) Third quarter 2023 results: EPS: RM0.026 (up from RM0.003 in 3Q 2022). Revenue: RM86.3m (down 6.2% from 3Q 2022). Net income: RM9.19m (up RM8.00m from 3Q 2022). Profit margin: 11% (up from 1.3% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 9.8% p.a. on average during the next 3 years, while revenues in the Energy Services industry in Malaysia are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 24
Second quarter 2023 earnings released: EPS: RM0.029 (vs RM0 in 2Q 2022) Second quarter 2023 results: EPS: RM0.029 (up from RM0 in 2Q 2022). Revenue: RM139.2m (up 84% from 2Q 2022). Net income: RM10.3m (up RM10.2m from 2Q 2022). Profit margin: 7.4% (up from 0.1% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Energy Services industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Price Target Changed • Dec 21
Price target increased to RM0.68 Up from RM0.58, the current price target is an average from 3 analysts. New target price is 25% above last closing price of RM0.55. Stock is up 31% over the past year. The company is forecast to post earnings per share of RM0.063 for next year compared to RM0.0083 last year. Reported Earnings • Dec 03
First quarter 2023 earnings released: EPS: RM0.025 (vs RM0.001 in 1Q 2022) First quarter 2023 results: EPS: RM0.025 (up from RM0.001 in 1Q 2022). Revenue: RM121.8m (up 20% from 1Q 2022). Net income: RM8.83m (up RM8.48m from 1Q 2022). Profit margin: 7.2% (up from 0.3% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Energy Services industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Major Estimate Revision • Dec 02
Consensus EPS estimates increase by 12% The consensus outlook for earnings per share (EPS) in 2023 has improved. 2023 revenue forecast increased from RM419.5m to RM423.9m. EPS estimate increased from RM0.05 to RM0.05 per share. Net income forecast to grow 537% next year vs 21% growth forecast for Energy Services industry in Malaysia. Consensus price target broadly unchanged at RM0.59. Share price rose 29% to RM0.54 over the past week. Price Target Changed • Nov 22
Price target increased to RM0.58 Up from RM0.53, the current price target is an average from 3 analysts. New target price is 46% above last closing price of RM0.40. Stock is down 20% over the past year. The company is forecast to post earnings per share of RM0.046 for next year compared to RM0.0083 last year. Announcement • Nov 01
Uzma Berhad, Annual General Meeting, Dec 14, 2022 Uzma Berhad, Annual General Meeting, Dec 14, 2022, at 10:00 Singapore Standard Time. Location: Level 2, Uzma Tower, Jalan PJU 8/8A, Damansara Perdana 47820 Petaling Jaya SELANGOR DARUL EHSAN Malaysia Agenda: To give effect to the Proposed Renewal of Share Buy-Back. Announcement • Sep 03
Uzma Berhad Announces Redesignation of Abdullah Bin Karim as Independent and Non Executive Member of Nomination and Remuneration Committee Uzma Berhad announced redesignation of DATUK ABDULLAH BIN KARIM as Independent and Non Executive Member of Nomination and Remuneration Committee from Independent and Non Executive Chairman of Nomination and Remuneration Committee (Independent and Non Executive Director). Age 70, Nationality is Malaysia. Date of change 01 September 2022. Composition of Nomination and Remuneration Committee Datuk Seri Zurainah Binti Musa - Chairperson (Independent Non-Executive Director), Datuk Abdullah Bin Karim - Member (Independent Non-Executive Director) and YM Tengku Ezuan Ismara Bin Tengku Nun Ahmad - Member (Independent Non-Executive Director). Reported Earnings • Aug 31
Full year 2022 earnings released: EPS: RM0.016 (vs RM0.041 in FY 2021) Full year 2022 results: EPS: RM0.016 (down from RM0.041 in FY 2021). Revenue: RM385.1m (flat on FY 2021). Net income: RM5.48m (down 58% from FY 2021). Profit margin: 1.4% (down from 3.4% in FY 2021). Over the next year, revenue is forecast to grow 29%, compared to a 7.3% growth forecast for the Energy Services industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings. Reported Earnings • Jun 01
Third quarter 2022 earnings: EPS and revenues miss analyst expectations Third quarter 2022 results: EPS: RM0.003 (down from RM0.023 in 3Q 2021). Revenue: RM92.0m (down 1.5% from 3Q 2021). Net income: RM1.19m (down 84% from 3Q 2021). Profit margin: 1.3% (down from 7.8% in 3Q 2021). The decrease in margin was primarily driven by higher expenses. Revenue missed analyst estimates by 22%. Earnings per share (EPS) also missed analyst estimates by 49%. Over the next year, revenue is forecast to grow 30%, compared to a 8.4% growth forecast for the industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Announcement • May 31
Uzma Berhad Announces Appointment of Maziah Binti Martin as Joint Secretary with Effect from June 1, 2022 Uzma Berhad announced appointment of Maziah Binti Martin as Joint Secretary with effect from June 1, 2022. Working experience and occupation during past 5 years: 2019 to Present - Assistant Manager, Uzma Berhad; 2018 to 2019 - Senior Legal Executive, OCS (M) Malaysia Sdn. Bhd.; and 2017 to 2018 - Advocate & Solicitor, CF Ho & Co. Major Estimate Revision • Mar 04
Consensus EPS estimates fall by 13% The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from RM441.4m to RM418.3m. EPS estimate also fell from RM0.06 per share to RM0.05 per share. Net income forecast to grow 430% next year vs 42% growth forecast for Energy Services industry in Malaysia. Consensus price target down from RM0.65 to RM0.64. Share price fell 9.3% to RM0.49 over the past week. Reported Earnings • Feb 27
Second quarter 2022 earnings: EPS and revenues miss analyst expectations Second quarter 2022 results: EPS: RM0 (down from RM0.023 in 2Q 2021). Revenue: RM75.7m (down 18% from 2Q 2021). Net income: RM51.0k (down 99% from 2Q 2021). Profit margin: 0.1% (down from 8.1% in 2Q 2021). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 22%. Earnings per share (EPS) were also behind analyst estimates. Over the next year, revenue is forecast to grow 28%, compared to a 9.2% growth forecast for the industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Announcement • Feb 15
Uzma Berhad Appoints Datuk Farisha Binti Pawan Teh as Independent and Non-Executive Director Uzma Berhad announced the appointment of Datuk Farisha Binti Pawan Teh as Independent and Non-Executive Director. Farisha Binti working experience includes: June 2020 to June 2021 - Communication advisor, Minister of Youth and Sports; July 2021 to recent - Communication advisor, Minister of Housing and Local Government. Date of change is February 14, 2022. Major Estimate Revision • Dec 23
Consensus EPS estimates fall by 12% The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from RM449.7m to RM441.4m. EPS estimate also fell from RM0.07 per share to RM0.06 per share. Net income forecast to grow 100% next year vs 12% growth forecast for Energy Services industry in Malaysia. Consensus price target down from RM0.68 to RM0.65. Share price fell 5.7% to RM0.41 over the past week. Reported Earnings • Nov 29
First quarter 2022 earnings: EPS and revenues miss analyst expectations First quarter 2022 results: EPS: RM0.001 (down from RM0.005 in 1Q 2021). Revenue: RM101.4m (up 1.8% from 1Q 2021). Net income: RM347.0k (down 79% from 1Q 2021). Profit margin: 0.3% (down from 1.7% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 22%. Earnings per share (EPS) also missed analyst estimates by 49%. Earnings per share (EPS) missed analyst estimates by 49%. Over the next year, revenue is forecast to grow 20%, compared to a 9.2% growth forecast for the industry in Malaysia. Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings. Price Target Changed • Oct 04
Price target decreased to RM0.83 Down from RM0.91, the current price target is an average from 3 analysts. New target price is 39% above last closing price of RM0.59. Stock is up 31% over the past year. Price Target Changed • Aug 30
Price target increased to RM0.97 Up from RM0.88, the current price target is an average from 4 analysts. New target price is 51% above last closing price of RM0.64. Stock is up 12% over the past year. Reported Earnings • Aug 29
Full year 2021 earnings released: EPS RM0.04 (vs RM0.071 loss in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: RM387.5m (down 30% from FY 2020). Net income: RM12.8m (up RM35.6m from FY 2020). Profit margin: 3.3% (up from net loss in FY 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings. Reported Earnings • Jun 05
Third quarter 2021 earnings released: EPS RM0.023 (vs RM0.017 in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: RM93.4m (down 24% from 3Q 2020). Net income: RM7.28m (up 34% from 3Q 2020). Profit margin: 7.8% (up from 4.4% in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance. 
