Reported Earnings • Feb 16
Third quarter 2026 earnings released: EPS: RM0.008 (vs RM0.008 loss in 3Q 2025) Third quarter 2026 results: EPS: RM0.008 (up from RM0.008 loss in 3Q 2025). Revenue: RM49.3m (down 15% from 3Q 2025). Net income: RM6.79m (up RM13.3m from 3Q 2025). Profit margin: 14% (up from net loss in 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has fallen by 43% per year, which means it is performing significantly worse than earnings. Reported Earnings • Nov 26
Second quarter 2026 earnings released: EPS: RM0.005 (vs RM0.008 loss in 2Q 2025) Second quarter 2026 results: EPS: RM0.005 (up from RM0.008 loss in 2Q 2025). Revenue: RM49.9m (up 6.9% from 2Q 2025). Net income: RM3.87m (up RM10.5m from 2Q 2025). Profit margin: 7.8% (up from net loss in 2Q 2025). Reported Earnings • Aug 06
Full year 2025 earnings released: RM0.028 loss per share (vs RM0.019 loss in FY 2024) Full year 2025 results: RM0.028 loss per share (further deteriorated from RM0.019 loss in FY 2024). Revenue: RM198.3m (up 12% from FY 2024). Net loss: RM24.1m (loss widened 173% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 44 percentage points per year, which is a significant difference in performance. Announcement • Jul 30
D'nonce Technology Bhd., Annual General Meeting, Sep 23, 2025 D'nonce Technology Bhd., Annual General Meeting, Sep 23, 2025, at 10:30 Singapore Standard Time. Location: cardamom, level 2, the light hotel penang, lebuh tenggiri 2, bandar seberang jaya, 13700 perai, pulau pinang Malaysia Board Change • Jul 01
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Independent & Non Executive Director Sham Shamrat Gupta is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Jun 03
Full year 2025 earnings released: RM0.027 loss per share (vs RM0.019 loss in FY 2024) Full year 2025 results: RM0.027 loss per share (further deteriorated from RM0.019 loss in FY 2024). Revenue: RM198.3m (up 12% from FY 2024). Net loss: RM23.9m (loss widened 170% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 41 percentage points per year, which is a significant difference in performance. New Risk • Mar 04
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 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 68% per year over the past 5 years. Shareholders have been substantially diluted in the past year (100% increase in shares outstanding). Market cap is less than US$10m (RM34.7m market cap, or US$7.78m). Reported Earnings • Feb 16
Third quarter 2025 earnings released: RM0.007 loss per share (vs RM0.007 loss in 3Q 2024) Third quarter 2025 results: RM0.007 loss per share (in line with 3Q 2024). Revenue: RM57.7m (up 33% from 3Q 2024). Net loss: RM6.53m (loss widened 121% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 29
Second quarter 2025 earnings released: RM0.008 loss per share (vs RM0.006 profit in 2Q 2024) Second quarter 2025 results: RM0.008 loss per share (down from RM0.006 profit in 2Q 2024). Revenue: RM46.7m (up 4.1% from 2Q 2024). Net loss: RM6.58m (down 343% from profit in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance. New Risk • Oct 25
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: RM43.4m (US$10.00m) 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 Earnings have declined by 66% per year over the past 5 years. Shareholders have been substantially diluted in the past year (100% increase in shares outstanding). Market cap is less than US$10m (RM43.4m market cap, or US$10.00m). Minor Risk Share price has been volatile over the past 3 months (9.2% average weekly change). Reported Earnings • Aug 05
Full year 2024 earnings released: RM0.019 loss per share (vs RM0.001 loss in FY 2023) Full year 2024 results: RM0.019 loss per share (further deteriorated from RM0.001 loss in FY 2023). Revenue: RM176.4m (flat on FY 2023). Net loss: RM8.83m (loss widened RM8.57m from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 47 percentage points per year, which is a significant difference in performance. Board Change • Aug 01
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. Independent & Non Executive Director Sham Shamrat Gupta is the most experienced director on the board, commencing their role in 2021. 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 • Jul 30
D'nonce Technology Bhd., Annual General Meeting, Sep 12, 2024 D'nonce Technology Bhd., Annual General Meeting, Sep 12, 2024, at 10:30 Singapore Standard Time. Location: lot 4.1, 4th floor, menara lien hoe, no. 8, persiaran tropicana, tropicana golf & country resort, 47410 petaling jaya, selangor darul ehsan, Malaysia Announcement • Jul 17
D'nonce Technology Bhd. Appoints Roy Ho Yew Kee as Executive Director D'nonce Technology Bhd. announced the appointment of ROY HO YEW KEE as Executive Director. Age 48, Date of change 17 July 2024. Qualifications Degree Bachelor of Commerce Griffith University, Australia. Working experience and occupation Mr. Roy has more than 22 years of experience in the Equity Capital Markets involved in corporate strategy, restructuring and finance focusing and specialising in origination and structuring. Mr. Roy is currently the Executive Director in Key Alliance Group Berhad, XOX Bhd, Komarkcorp Berhad and Cheetah Holdings Berhad. Reported Earnings • Jun 05
Full year 2024 earnings released: RM0.019 loss per share (vs RM0.001 loss in FY 2023) Full year 2024 results: RM0.019 loss per share (further deteriorated from RM0.001 loss in FY 2023). Revenue: RM176.4m (flat on FY 2023). Net loss: RM8.83m (loss widened RM8.57m from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 49 percentage points per year, which is a significant difference in performance. Reported Earnings • Feb 24
Third quarter 2024 earnings released: RM0.007 loss per share (vs RM0.007 loss in 3Q 2023) Third quarter 2024 results: RM0.007 loss per share (in line with 3Q 2023). Revenue: RM43.5m (down 6.0% from 3Q 2023). Net loss: RM2.95m (loss widened 12% from 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance. New Risk • Feb 18
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 100% This is considered a major 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 Share price has been highly volatile over the past 3 months (14% average weekly change). Earnings have declined by 14% per year over the past 5 years. Shareholders have been substantially diluted in the past year (100% increase in shares outstanding). Minor Risk Market cap is less than US$100m (RM73.9m market cap, or US$15.5m). New Risk • Jan 29
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: RM45.6m (US$9.64m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (14% average weekly change). Earnings have declined by 14% per year over the past 5 years. Market cap is less than US$10m (RM45.6m market cap, or US$9.64m). New Risk • Jan 26
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 13% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 14% per year over the past 5 years. Minor Risk Market cap is less than US$100m (RM54.3m market cap, or US$11.5m). Reported Earnings • Nov 29
Second quarter 2024 earnings released: EPS: RM0.006 (vs RM0.007 loss in 2Q 2023) Second quarter 2024 results: EPS: RM0.006 (up from RM0.007 loss in 2Q 2023). Revenue: RM44.9m (down 3.1% from 2Q 2023). Net income: RM2.70m (up RM5.34m from 2Q 2023). Profit margin: 6.0% (up from net loss in 2Q 2023). New Risk • Aug 29
New major risk - Revenue and earnings growth Earnings have declined by 1.7% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 1.7% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.7% average weekly change). Shareholders have been diluted in the past year (16% increase in shares outstanding). Market cap is less than US$100m (RM58.7m market cap, or US$12.6m). Reported Earnings • Aug 02
Full year 2023 earnings released: RM0.001 loss per share (vs RM0.028 profit in FY 2022) Full year 2023 results: RM0.001 loss per share (down from RM0.028 profit in FY 2022). Revenue: RM174.9m (down 3.8% from FY 2022). Net loss: RM258.7k (down 103% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has fallen by 37% per year, which means it is performing significantly worse than earnings. Announcement • Jul 29
D'nonce Technology Bhd., Annual General Meeting, Sep 22, 2023 D'nonce Technology Bhd., Annual General Meeting, Sep 22, 2023, at 10:30 Singapore Standard Time. Agenda: To receive the Audited Financial Statements for the financial year ended 31 March 2023 together with the Reports of the Directors and Auditors thereon; to approve the payment of Directors' Fees and Benefits up to an amount of RM400,000 for the period from this 23rd Annual General Meeting until the next Annual General Meeting of the Company; to re-elect Datuk Sham Shamrat Sen Gupta who retires pursuant to Article 107 of the Company's Constitution as Director of the Company; to re-elect Ms. Ong Poh Lin Abdullah who retires pursuant to Article 114 of the Company's Constitution as Director of the Company; to re-appoint Messrs Grant Thornton Malaysia PLT as Auditors of the Company and to authorise the Directors to fix their remuneration; and to consider other business matters. Board Change • Jun 02
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 2 experienced directors. No highly experienced directors. Independent & Non-Executive Chairman Moktar Bin Mohd Noor is the most experienced director on the board, commencing their role in 2019. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Jun 02
Full year 2023 earnings released: RM0.001 loss per share (vs RM0.027 profit in FY 2022) Full year 2023 results: RM0.001 loss per share (down from RM0.027 profit in FY 2022). Revenue: RM174.9m (down 3.7% from FY 2022). Net loss: RM259.0k (down 103% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has fallen by 19% per year, which means it is performing significantly worse than earnings. Announcement • May 26
D'nonce Technology Bhd. Appoints Madam Ong Poh Lin Abdullah as Independent and Non Executive Director D'nonce Technology Bhd. appointed Madam Ong Poh Lin Abdullah, aged 36 as Independent and Non Executive Director of the company with effect from 25 May 2023. She did Degree Bachelor of Engineering (Hons) Biomedical from Universiti Tunku Abdul Rahman, A-Levels from INTI International College Subang Jaya and Sijil Pelajaran Malaysia from SMK Mahmud Raub. Working experience and occupation: Madam Ong Poh Lin Abdullah graduated from Universiti Tunku Abdul Rahman in 2011 with a Bachelor Degree of Engineering (Hons) Biomedical. She started her career working in Universiti Tunku Abdul Rahman as research assistant in 2011. Subsequently, she joined IBG Manufacturing Sdn Bhd as Laboratory Consultant in 2014 and left in 2016. Currently, she is a Senior Admin Manager in Seakyin Holdings (M) Sdn Bhd, and is responsible for managing and administrating the processing of invoices, organising and updating internal records accurately and timely as well as training and monitoring new teammates.Directorships in public companies and listed issuers (if any); Advance Information Marketing Berhad;AE Multi Holdings Berhad; and Saudee Group Berhad. Announcement • Dec 31
D'nonce Technology Bhd. (KLSE:DNONCE) completed the acquisition of 99.9991% stake in Komark (Thailand) Co. Ltd. from General Labels & Labelling (M) Sdn. Bhd. D'nonce Technology Bhd. (KLSE:DNONCE) entered into a share sale agreement to acquire 99.9991% stake in Komark (Thailand) Co. Ltd. from General Labels & Labelling (M) Sdn. Bhd. on August 11, 2022. The deal is subject to the approval by the shareholders of D'nonce Technology Bhd, regulatory approvals and due diligence consummation. Roy Ho Yew Kee and Chan Jee Peng would transfer their 1 ordinary share each in the issued share capital of Komark Thailand to Mr Choong Lee Aun as designated person. The deal is expected to close on February 10, 2023. As of December 23, 2022, the Board of Directors of Komarkcorp announced that the SSA has become unconditional upon fulfilment of all the conditions precedent to the SSA. As of December 23, 2022, The Board of Directors of Komarkcorp wishes to announce that the SSA has become unconditional upon fulfilment of all the conditions precedent to the SSA.
D'nonce Technology Bhd. (KLSE:DNONCE) completed the acquisition of 99.9991% stake in Komark (Thailand) Co. Ltd. from General Labels & Labelling (M) Sdn. Bhd. on December 29, 2022. Announcement • Aug 30
D'nonce Technology Bhd. Reports Write Offs Charges for the Quarter Ended June 30, 2022 D'nonce Technology Bhd. reported write offs for the quarter ended June 30, 2022. for the quarter, the company reported Property, plant and equipment written off of MYR 1,000. Announcement • Aug 12
D'nonce Technology Bhd. (KLSE:DNONCE) agreed to acquire 99.9991% stake in Komark (Thailand) Co. Ltd. from General Labels & Labelling (M) Sdn. Bhd. D'nonce Technology Bhd. (KLSE:DNONCE) agreed to acquire 99.9991% stake in Komark (Thailand) Co. Ltd. from General Labels & Labelling (M) Sdn. Bhd. on August 11, 2022. The deal is subject to the approval by the shareholders of D'nonce Technology Bhd. Roy Ho Yew Kee and Chan Jee Peng would transfer their 1 ordinary share each in the issued share capital of Komark Thailand to Mr Choong Lee Aun as designated person. The deal is expected to close on February 10, 2023. Reported Earnings • Jul 31
Full year 2022 earnings released: EPS: RM0.027 (vs RM0.046 in FY 2021) Full year 2022 results: EPS: RM0.027 (down from RM0.046 in FY 2021). Revenue: RM181.5m (down 1.5% from FY 2021). Net income: RM9.23m (down 32% from FY 2021). Profit margin: 5.1% (down from 7.3% in FY 2021). Announcement • Jul 30
D'nonce Technology Bhd., Annual General Meeting, Sep 26, 2022 D'nonce Technology Bhd., Annual General Meeting, Sep 26, 2022, at 10:00 Singapore Standard Time. Agenda: To consider and receive the Audited Financial Statements for the financial period ended 31st March 2022 together with the Reports of the Directors and Auditors thereon; to approve the payment of Directors’ Fees and Benefits up to an amount of RM360,000 for the period from this 22nd Annual General Meeting until the next Annual General Meeting of the Company; to re-elect Dato’ Moktar Bin Mohd Noor who retires pursuant to Clause 107 of the Company’s Constitution; to re-appoint Messrs Grant Thornton Malaysia PLT as Auditors of the Company and to authorize the Directors to fix their remuneration; and to consider any other business of which due notice shall be given in accordance with the Companies Act 2016. Reported Earnings • May 30
Full year 2022 earnings released: EPS: RM0.027 (vs RM0.046 in FY 2021) Full year 2022 results: EPS: RM0.027 (down from RM0.046 in FY 2021). Revenue: RM181.5m (down 1.5% from FY 2021). Net income: RM9.23m (down 32% from FY 2021). Profit margin: 5.1% (down from 7.3% in FY 2021). Announcement • May 27
D'nonce Technology Bhd. Announces Cessation of Datuk Tho Yow Yin as Chief Executive Officer, Effective July 22, 2022 D'nonce Technology Bhd. Announced the cessation of Datuk Tho Yow Yin as Chief Executive Officer, with effect from July 22, 2022. Datuk Tho Yow Yin will be taking his leave of absence and will relinquish his duties as Chief Executive Officer of the Company with effect from May 20, 2022 until his cessation of office takes effect on July 22, 2022. Board Change • Apr 27
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. 2 experienced directors. No highly experienced directors. Independent & Non-Executive Director Kim Chong is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Buying Opportunity • Feb 25
Now 27% undervalued after recent price drop Over the last 90 days, the stock is down 21%. The fair value is estimated to be RM0.33, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 2.8% per annum over the last 3 years. Earnings per share has grown by 51% per annum over the last 3 years. Reported Earnings • Dec 23
Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations Second quarter 2022 results: EPS: RM0.009 (down from RM0.01 in 2Q 2021). Revenue: RM46.8m (down 2.4% from 2Q 2021). Net income: RM2.94m (up 3.8% from 2Q 2021). Profit margin: 6.3% (up from 5.9% in 2Q 2021). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Board Change • Nov 01
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 3 experienced directors. No highly experienced directors. Independent & Non-Executive Director Kim Chong is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Executive Departure • Oct 03
Joint Secretary Yee Lin Wong has left the company On the 27th of September, Yee Lin Wong's tenure as Joint Secretary ended after 2.2 years in the role. We don't have any record of a personal shareholding under Yee Lin's name. A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 2.25 years. Executive Departure • Oct 01
Independent Non Executive Director Wai How has left the company On the 29th of September, Wai How's tenure as Independent Non Executive Director ended after less than a year in the role. We don't have any record of a personal shareholding under Wai's name. A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 2.25 years. Executive Departure • Oct 01
Independent & Non-Executive Director Kum Tho Wan has left the company On the 29th of September, Kum Tho Wan's tenure as Independent & Non-Executive Director ended after 1.7 years in the role. We don't have any record of a personal shareholding under Kum Tho's name. A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 2.25 years. Director Overboarding • Sep 16
Director Lee-Aun Choong has joined 5th company board Executive Director Lee-Aun Choong has been appointed to the board of D'nonce Technology Bhd. (KLSE:DNONCE). Choong now sits on a total of 5 company boards. With 5 board positions including the role of CEO at AT Systematization Berhad (KLSE:AT), the director is at risk of having too many board obligations according to the Simply Wall St Risk Model. Reported Earnings • Sep 05
Full year 2021 earnings released: EPS RM0.046 (vs RM0.002 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: RM184.2m (up 7.5% from FY 2020). Net income: RM13.5m (up RM13.1m from FY 2020). Profit margin: 7.3% (up from 0.3% in FY 2020). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Dec 14
New 90-day low: RM0.56 The company is down 7.0% from its price of RM0.59 on 15 September 2020. The Malaysian market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Packaging industry, which is up 20% over the same period.