Reported Earnings • May 23
Third quarter 2026 earnings released: RM0.04 loss per share (vs RM0.003 loss in 3Q 2025) Third quarter 2026 results: RM0.04 loss per share (further deteriorated from RM0.003 loss in 3Q 2025). Revenue: RM11.1m (up 27% from 3Q 2025). Net loss: RM19.6m (loss widened RM18.3m from 3Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 45 percentage points per year, which is a significant difference in performance. Announcement • Apr 09
Mayu Global Group Berhad (KLSE:MAYU) acquired remaining 20% stake in Sunrise Manner Sdn Bhd from Tang Tiam Hok for MYR 1. Mayu Global Group Berhad (KLSE:MAYU) acquired remaining 20% stake in Sunrise Manner Sdn Bhd from Tang Tiam Hok for MYR 1 on April 7, 2026. A cash consideration of MYR 1 will be paid by Mayu Global Group Berhad. Following the acquisition, Sunrise Manner Sdn Bhd will become a wholly owned subsidiary of Mayu Global Group Berhad and Tan Kim Hee and Goh Chin Heng will serve as Directors of both companies.
The Acquisition is not expected to have any material impact on the earnings per share, net assets per share as well as the gearing of Mayu for the financial year ending June 30, 2026.
Mayu Global Group Berhad (KLSE:MAYU) completed the acquisition of remaining 20% stake in Sunrise Manner Sdn Bhd from Tang Tiam Hok on April 7, 2026. 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. 4 experienced directors. 3 highly experienced directors. Independent Non-Executive Director Wai Leong was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 25
Second quarter 2026 earnings released: RM0.001 loss per share (vs RM0.001 profit in 2Q 2025) Second quarter 2026 results: RM0.001 loss per share (down from RM0.001 profit in 2Q 2025). Revenue: RM12.5m (down 31% from 2Q 2025). Net loss: RM286.0k (down 171% from profit in 2Q 2025). Over the last 3 years on average, earnings per share has fallen by 31% per year whereas the company’s share price has fallen by 30% per year. Reported Earnings • Nov 29
First quarter 2026 earnings released: RM0.002 loss per share (vs RM0.003 profit in 1Q 2025) First quarter 2026 results: RM0.002 loss per share (down from RM0.003 profit in 1Q 2025). Revenue: RM13.3m (down 40% from 1Q 2025). Net loss: RM1.20m (down 175% from profit in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 31% per year, which means it is performing significantly worse than earnings. Announcement • Oct 30
Mayu Global Group Berhad, Annual General Meeting, Dec 15, 2025 Mayu Global Group Berhad, Annual General Meeting, Dec 15, 2025, at 11:30 Singapore Standard Time. Location: the light hotel, lebuh tenggiri 2, 13700 seberang jaya, pulau pinang Malaysia Reported Earnings • Aug 31
Full year 2025 earnings released: RM0.003 loss per share (vs RM0.033 profit in FY 2024) Full year 2025 results: RM0.003 loss per share (down from RM0.033 profit in FY 2024). Revenue: RM60.7m (down 42% from FY 2024). Net loss: RM1.53m (down 110% from profit in FY 2024). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings. New Risk • Jun 19
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 Risk Share price has been highly volatile over the past 3 months (13% average weekly change). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (RM48.2m market cap, or US$11.3m). Reported Earnings • May 28
Third quarter 2025 earnings released: RM0.003 loss per share (vs RM0.013 profit in 3Q 2024) Third quarter 2025 results: RM0.003 loss per share (down from RM0.013 profit in 3Q 2024). Revenue: RM8.78m (down 74% from 3Q 2024). Net loss: RM1.25m (down 121% from profit in 3Q 2024). 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 27% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 01
Second quarter 2025 earnings released: EPS: RM0.001 (vs RM0.006 loss in 2Q 2024) Second quarter 2025 results: EPS: RM0.001 (up from RM0.006 loss in 2Q 2024). Revenue: RM18.2m (up 9.1% from 2Q 2024). Net income: RM401.0k (up RM2.40m from 2Q 2024). Profit margin: 2.2% (up from net loss in 2Q 2024). 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 13% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 28
First quarter 2025 earnings released: EPS: RM0.003 (vs RM0.002 in 1Q 2024) First quarter 2025 results: EPS: RM0.003 (up from RM0.002 in 1Q 2024). Revenue: RM22.2m (down 25% from 1Q 2024). Net income: RM1.61m (up 140% from 1Q 2024). Profit margin: 7.2% (up from 2.3% in 1Q 2024). 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 14% per year, which means it is significantly lagging earnings. Announcement • Oct 29
Mayu Global Group Berhad, Annual General Meeting, Dec 19, 2024 Mayu Global Group Berhad, Annual General Meeting, Dec 19, 2024, at 11:30 Singapore Standard Time. Location: the light hotel, lebuh tenggiri 2, 13700 seberang jaya, pulau pinang, Malaysia New Risk • Aug 31
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 44% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (44% accrual ratio). Minor Risks Shareholders have been diluted in the past year (8.7% increase in shares outstanding). Market cap is less than US$100m (RM144.7m market cap, or US$33.5m). Reported Earnings • Aug 31
Full year 2024 earnings released: EPS: RM0.032 (vs RM0.037 in FY 2023) Full year 2024 results: EPS: RM0.032 (down from RM0.037 in FY 2023). Revenue: RM105.1m (down 45% from FY 2023). Net income: RM14.3m (down 1.5% from FY 2023). Profit margin: 14% (up from 7.7% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. New Risk • Aug 04
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 8.7% 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 Shareholders have been diluted in the past year (8.7% increase in shares outstanding). Market cap is less than US$100m (RM147.2m market cap, or US$32.7m). Announcement • May 29
Mayu Global Group Berhad Announces the Resignation of Chan Eoi Leng as Company Secretary Mayu Global Group Berhad announced the Resignation of CHAN EOI LENG as Company Secretary, Date of Change is 28 May 2024. Reported Earnings • May 25
Third quarter 2024 earnings released: EPS: RM0.013 (vs RM0.002 in 3Q 2023) Third quarter 2024 results: EPS: RM0.013 (up from RM0.002 in 3Q 2023). Revenue: RM33.7m (down 4.6% from 3Q 2023). Net income: RM5.94m (up RM5.29m from 3Q 2023). Profit margin: 18% (up from 1.8% in 3Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. New Risk • Mar 29
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 7.8% 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 (7.8% average weekly change). Large one-off items impacting financial results. Shareholders have been diluted in the past year (21% increase in shares outstanding). Market cap is less than US$100m (RM124.2m market cap, or US$26.3m). Reported Earnings • Feb 22
Second quarter 2024 earnings released: RM0.006 loss per share (vs RM0.007 profit in 2Q 2023) Second quarter 2024 results: RM0.006 loss per share (down from RM0.007 profit in 2Q 2023). Revenue: RM16.7m (down 59% from 2Q 2023). Net loss: RM2.00m (down 192% from profit in 2Q 2023). Announcement • Dec 02
Mayu Global Group Berhad Announces Cessation of Izzat Hafizuddin Bin Mohammad Halmi as Member of the Risk Management and Sustainability Committee Mayu Global Group Berhad announced that Mr. Izzat Hafizuddin Bin Mohammad Halmi has ceased to be a member of the Risk Management and Sustainability Committee ("RMSC") and the change in the composition of the RMSC effective from 1 December 2023 is as follows: Before Change: Mr. Chow Choon Hoong - Chairman of RMSC (Executive Director), Ms. Loh Yee Sing - Member of RMSC (Independent Non-Executive Director), Mr. Mathavan Pillay A/L Kanasi - Member of RMSC (Non-Directorate) and Mr. Izzat Hafizuddin Bin Mohammad Halmi - Member of RMSC (Non-Directorate). After Change: Mr. Chow Choon Hoong - Chairman of RMSC (Executive Director), Ms. Loh Yee Sing - Member of RMSC (Independent Non-Executive Director) and Mr. Mathavan Pillay A/L Kanasi - Member of RMSC (Non-Directorate). Announcement • Dec 01
Mayu Global Group Berhad Announces the Redesignation of Miss Tan Qian Hui from Non-Independent Director to Executive Director Mayu Global Group Berhad announced the redesignation of MISS TAN QIAN HUI from Non-Independent Director to Executive Director. Her age is 25. Date of change is December 1, 2023. Directorate is Executive. Qualifications: Degree - Bachelor of Commerce - University College of Dublin, Dublin, Ireland. Degree - Bachelor of Commerce Exchange Programme - Queen's University Kingston, Canada. Working experience and occupation CHUBBY CHEF CREATIVE AGENCY SDN BHD (MARCH 2022 - PRESENT) - Managing Director, MASCO AGRICULTURE SDN BHD (SEPTEMBER 2020 - JANUARY 2022) - Project Leader, ONE TOUCH MOBILE SDN BHD (APRIL 2020 - AUGUST 2020) - Marketing Executive, POET LIVING SDN BHD (NOVEMBER 2019 - MARCH 2020) - Marketing Executive. Reported Earnings • Dec 01
First quarter 2024 earnings released: EPS: RM0.002 (vs RM0.019 in 1Q 2023) First quarter 2024 results: EPS: RM0.002 (down from RM0.019 in 1Q 2023). Revenue: RM29.7m (down 41% from 1Q 2023). Net income: RM672.0k (down 85% from 1Q 2023). Profit margin: 2.3% (down from 8.7% in 1Q 2023). New Risk • Dec 01
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 20% 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 Risks Earnings have declined by 15% per year over the past 5 years. Shareholders have been substantially diluted in the past year (76% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (8.2% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (RM150.9m market cap, or US$32.2m). Announcement • Oct 28
Mayu Global Group Berhad, Annual General Meeting, Dec 15, 2023 Mayu Global Group Berhad, Annual General Meeting, Dec 15, 2023, at 11:00 Singapore Standard Time. Location: The Light Hotel, Lebuh Tenggiri 2 Seberang Jaya Pulau Pinang Malaysia Agenda: To receive the Audited Financial Statements for the year ended 30 June 2023, together with the Directors' and Auditors' Reports thereon; to consider and re-elect Dato' Sri Tajudin Bin Md Isa who retires in accordance with the Company's Constitution; to consider and re-elect Mr. Chow Choon Hoong who retires in accordance with the Company's Constitution; to consider and re-elect Ms. Leong Wai Kuan who was appointed during the year and retires in accordance with the Company's Constitution; to consider and re-elect Ms. Tan Qian Hui who was appointed during the year and retires in accordance with the Company's Constitution; and to transact such other business matters. New Risk • Sep 03
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 39% 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 Risks Earnings have declined by 32% per year over the past 5 years. Shareholders have been substantially diluted in the past year (77% increase in shares outstanding). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (RM135.3m market cap, or US$29.1m). Reported Earnings • Aug 30
Full year 2023 earnings released: EPS: RM0.045 (vs RM0.003 in FY 2022) Full year 2023 results: EPS: RM0.045 (up from RM0.003 in FY 2022). Revenue: RM189.5m (up 58% from FY 2022). Net income: RM14.5m (up RM13.8m from FY 2022). Profit margin: 7.7% (up from 0.6% in FY 2022). The increase in margin was driven by higher revenue. New Risk • Jul 05
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 89% 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 Earnings have declined by 47% per year over the past 5 years. Shareholders have been substantially diluted in the past year (89% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Profit margins are more than 30% lower than last year (0.6% net profit margin). Market cap is less than US$100m (RM117.6m market cap, or US$25.3m). Reported Earnings • May 30
Third quarter 2023 earnings released: EPS: RM0.002 (vs RM0.01 in 3Q 2022) Third quarter 2023 results: EPS: RM0.002 (down from RM0.01 in 3Q 2022). Revenue: RM35.3m (up 44% from 3Q 2022). Net income: RM645.0k (down 69% from 3Q 2022). Profit margin: 1.8% (down from 8.5% in 3Q 2022). Board Change • Apr 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent & Non Executive Director Wai Leong was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 23
Second quarter 2023 earnings released: EPS: RM0.007 (vs RM0.015 in 2Q 2022) Second quarter 2023 results: EPS: RM0.007 (down from RM0.015 in 2Q 2022). Revenue: RM40.5m (up 8.4% from 2Q 2022). Net income: RM2.18m (down 31% from 2Q 2022). Profit margin: 5.4% (down from 8.5% in 2Q 2022). Reported Earnings • Nov 25
First quarter 2023 earnings released: EPS: RM0.019 (vs RM0.008 in 1Q 2022) First quarter 2023 results: EPS: RM0.019 (up from RM0.008 in 1Q 2022). Revenue: RM50.3m (up 152% from 1Q 2022). Net income: RM4.37m (up 156% from 1Q 2022). Profit margin: 8.7% (up from 8.6% in 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. Reported Earnings • Oct 31
Full year 2022 earnings released: EPS: RM3.40 (vs RM0.62 loss in FY 2021) Full year 2022 results: EPS: RM3.40 (up from RM0.62 loss in FY 2021). Revenue: RM119.8b (up 54% from FY 2021). Net income: RM750.1m (up RM882.7m from FY 2021). Profit margin: 0.6% (up from net loss in FY 2021). Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 31
Full year 2022 earnings released: EPS: RM0.004 (vs RM0.001 loss in FY 2021) Full year 2022 results: EPS: RM0.004 (up from RM0.001 loss in FY 2021). Revenue: RM119.8m (up 54% from FY 2021). Net income: RM800.0k (up RM932.6k from FY 2021). Profit margin: 0.7% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Reported Earnings • May 29
Third quarter 2022 earnings released: EPS: RM0.01 (vs RM0.009 loss in 3Q 2021) Third quarter 2022 results: EPS: RM0.01 (up from RM0.009 loss in 3Q 2021). Revenue: RM24.5m (up 33% from 3Q 2021). Net income: RM2.08m (up RM3.98m from 3Q 2021). Profit margin: 8.5% (up from net loss in 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 31% 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 • Feb 27
Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations Second quarter 2022 results: EPS: RM0.015 (up from RM0.009 loss in 2Q 2021). Revenue: RM37.3m (up 103% from 2Q 2021). Net income: RM3.16m (up RM5.06m from 2Q 2021). Profit margin: 8.5% (up from net loss in 2Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 11% per year whereas the company’s share price has fallen by 15% per year. Reported Earnings • Nov 28
First quarter 2022 earnings: Revenues and EPS in line with analyst expectations First quarter 2022 results: EPS: RM0.008 (down from RM0.038 in 1Q 2021). Revenue: RM20.0m (down 27% from 1Q 2021). Net income: RM1.71m (down 79% from 1Q 2021). Profit margin: 8.6% (down from 30% in 1Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 61% 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. Reported Earnings • Oct 01
Full year 2021 earnings released: RM0.001 loss per share (vs RM0.025 profit in FY 2020) The company reported a soft full year result with weaker earnings and weaker control over costs, although revenues improved. Full year 2021 results: Revenue: RM77.9m (up 1.8% from FY 2020). Net loss: RM132.0k (down 102% from profit in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance. Executive Departure • Aug 05
Executive Director Chin Ng has left the company On the 30th of July, Chin Ng's tenure as Executive Director ended after 12.5 years in the role. As of March 2021, Chin still personally held only 190.78k shares (RM85k worth at the time). A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 4.29 years.