Reported Earnings • May 26
First quarter 2026 earnings released: EPS: RM0.04 (vs RM0.056 in 1Q 2025) First quarter 2026 results: EPS: RM0.04 (down from RM0.056 in 1Q 2025). Net income: RM5.26m (down 28% from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Announcement • Apr 29
JcbNext Berhad, Annual General Meeting, Jun 16, 2026 JcbNext Berhad, Annual General Meeting, Jun 16, 2026, at 14:00 Singapore Standard Time. Location: wilayah 1, 1st floor, prescott hotel kuala lumpur, medan tuanku, 23 lorong medan tuanku 1, off jalan sultan ismail, 50300 kuala lumpur, Malaysia Announcement • Apr 24
JcbNext Berhad announces Annual dividend, payable on July 21, 2026 JcbNext Berhad announced Annual dividend of MYR 0.0725 per share payable on July 21, 2026, ex-date on June 29, 2026 and record date on June 30, 2026. New Risk • Mar 01
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 211% Last year net profit margin: 350% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 0% Paying a dividend despite having no free cash flows. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (211% net profit margin). Market cap is less than US$100m (RM229.2m market cap, or US$58.9m). Announcement • Feb 27
Southern Score Builders Berhad (KLSE:SSB8) completed the acquisition of additional 26.56% stake in Nova Pharma Solutions Berhad. Southern Score Builders Berhad (KLSE:SSB8) extend a mandatory take-over offer to acquire additional 26.56% stake in Nova Pharma Solutions Berhad for MYR 14.64 million on December 22, 2025. Upon completion, Southern Score Builders Berhad will own 59.55% stake in Nova Pharma Solutions Berhad. The Offer will not be extended to the PACs
The offer is expected to close in the first quarter of 2026. As of document filed on January 12, 2026 Southern Score Builders Berhad (KLSE:SSB8) will acquire additional 26.55% stake in Nova Pharma Solutions Berhad for MYR 14.64 million. Assuming full acceptances, the Offeror will hold 88,743,507 NPS Shares, representing 59.556% of total issued and paid-up share capital in Nova Pharma Solutions Berhad. As of January 19, 2026 JcbNext Berhad (KLSE:JCBNEXT) has disposed of 14,084,507 ordinary shares representing a 9.45% equity interest in Nova Pharma, for a total cash consideration of MYR 5,211,268. Pursuant to which it has ceased to be a substantial shareholder of Nova Pharma following the Disposal. As of January 23, 2026 the Offeror has received valid acceptances in respect of the Offer Shares which resulted in the Offeror and its PACs holding not less than 90% of the total issued shares in NPS Berhad. Notwithstanding the above, as disclosed in the Offer Document dated January 12, 2026, the Offer will remain open for acceptances until February 4, 2026.
As per the announcement dated January 29, 2026 the offer period is extended to February 27, 2026.
Kenanga Investment Bank Berhad acted as financial Adviser for Nova Pharma Solutions Berhad.
Southern Score Builders Berhad (KLSE:SSB8) completed the acquisition of additional 26.56% stake in Nova Pharma Solutions Berhad on February 27, 2026. as per the transaction, Southern Score Builders Berhad acquired 38.8 million shares and will acquire remaining shares of the offer via squeeze out procedure. Reported Earnings • Nov 29
Third quarter 2025 earnings released: EPS: RM0.10 (vs RM0.051 in 3Q 2024) Third quarter 2025 results: EPS: RM0.10 (up from RM0.051 in 3Q 2024). Net income: RM13.8m (up 104% from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 29
Second quarter 2025 earnings released: EPS: RM0.11 (vs RM0.13 in 2Q 2024) Second quarter 2025 results: EPS: RM0.11 (down from RM0.13 in 2Q 2024). Net income: RM14.8m (down 12% from 2Q 2024). 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 13% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 28
First quarter 2025 earnings released: EPS: RM0.056 (vs RM0.087 in 1Q 2024) First quarter 2025 results: EPS: RM0.056 (down from RM0.087 in 1Q 2024). Net income: RM7.34m (down 36% from 1Q 2024). 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 8% per year, which means it is significantly lagging earnings growth. Announcement • Apr 29
JcbNext Berhad, Annual General Meeting, Jun 18, 2025 JcbNext Berhad, Annual General Meeting, Jun 18, 2025, at 14:00 Singapore Standard Time. Location: wilayah 1, 1st floor, prescott hotel kuala lumpur, medan tuanku, 23 lorong medan tuanku 1, off jalan sultan ismail, 50300 kuala lumpur, Malaysia Reported Earnings • Mar 01
Full year 2024 earnings released: EPS: RM0.39 (vs RM0.27 in FY 2023) Full year 2024 results: EPS: RM0.39 (up from RM0.27 in FY 2023). Net income: RM51.1m (up 44% from FY 2023). Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 28
Third quarter 2024 earnings released: EPS: RM0.051 (vs RM0.065 in 3Q 2023) Third quarter 2024 results: EPS: RM0.051 (down from RM0.065 in 3Q 2023). Net income: RM6.77m (down 22% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Announcement • Oct 10
JcbNext Berhad Appoints CHUA BEE AI as Non Independent and Non Executive Director JcbNext Berhad announced the appointment of Miss CHUA BEE AI, age 49 as Non Independent and Non Executive Director. Date of change is on 09 October 2024. Qualifications: Masters: Wealth Management in Singapore Management University; Masters: Operational Research in London School of Economics, United Kingdom; Degree: Mathematics & Computer Science in King's College London, United Kingdom. Working experience and occupation: Ms. Chua is a project management professional with over two decades of experience with Dell Asia Pacific, Lenovo China, Blizzard Entertainment China and Razer Inc. Currently, she is an Investment Manager at a Family office in Singapore, Little Rain Pte Ltd. Her current responsibility is managing external investments on behalf of the Family office. Reported Earnings • Aug 29
Second quarter 2024 earnings released: EPS: RM0.13 (vs RM0.094 in 2Q 2023) Second quarter 2024 results: EPS: RM0.13 (up from RM0.094 in 2Q 2023). Net income: RM16.9m (up 36% from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Jun 26
Upcoming dividend of RM0.065 per share Eligible shareholders must have bought the stock before 03 July 2024. Payment date: 25 July 2024. Payout ratio is a comfortable 21% but the company is not cash flow positive. Trailing yield: 3.8%. Lower than top quartile of Malaysian dividend payers (4.7%). Higher than average of industry peers (0.9%). Reported Earnings • May 25
First quarter 2024 earnings released: EPS: RM0.087 (vs RM0.047 in 1Q 2023) First quarter 2024 results: EPS: RM0.087 (up from RM0.047 in 1Q 2023). Net income: RM11.5m (up 84% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Announcement • May 01
JcbNext Berhad, Annual General Meeting, Jun 20, 2024 JcbNext Berhad, Annual General Meeting, Jun 20, 2024, at 10:30 Singapore Standard Time. Agenda: To receive the Audited Financial Statements for the financial year ended 31 December 2023 together with the Reports of the Directors and Auditors thereon; To approve the payment of Final Dividend of 6.5 sen per ordinary share under single-tier system in respect of the financial year ended 31 December 2023; To approve the Directors' Fees up to an aggregate amount of RM316,000.00 for the financial year ending 31 December 2024 and Benefits Payable to Non-Executive Directors up to an aggregate amount of RM28,000.00 for the period from the 20th AGM until the next AGM of the Company in year 2025 and the payment thereof. Declared Dividend • Apr 29
Dividend increased to RM0.065 Dividend of RM0.065 is 8.3% higher than last year. Ex-date: 3rd July 2024 Payment date: 25th July 2024 Dividend yield will be 4.0%, which is higher than the industry average of 0.6%. Sustainability & Growth Dividend is covered by earnings (26% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 30% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Apr 27
JcbNext Berhad Proposes Final Dividend for the Financial Year Ended 31 December 2023, Payable on 25 July 2024 JcbNext Berhad proposed final dividend of 6.5 sen per ordinary share under single-tier system in respect of the financial year ended 31 December 2023 will be subject to shareholders' approval at the forthcoming Twentieth Annual General Meeting of the Company. Ex-Date is 03 July 2024; Entitlement date is 04 July 2024; Payment Date is 25 July 2024. Reported Earnings • Mar 01
Full year 2023 earnings released: EPS: RM0.27 (vs RM0.18 in FY 2022) Full year 2023 results: EPS: RM0.27 (up from RM0.18 in FY 2022). Net income: RM35.5m (up 51% from FY 2022). Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 22
Third quarter 2023 earnings released: EPS: RM0.065 (vs RM0.061 in 3Q 2022) Third quarter 2023 results: EPS: RM0.065 (up from RM0.061 in 3Q 2022). Net income: RM8.62m (up 6.4% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 24
Second quarter 2023 earnings released: EPS: RM0.094 (vs RM0.051 in 2Q 2022) Second quarter 2023 results: EPS: RM0.094 (up from RM0.051 in 2Q 2022). Net income: RM12.4m (up 84% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Jun 26
Upcoming dividend of RM0.06 per share at 4.0% yield Eligible shareholders must have bought the stock before 03 July 2023. Payment date: 25 July 2023. Payout ratio is a comfortable 33% but the company is not cash flow positive. Trailing yield: 4.0%. Lower than top quartile of Malaysian dividend payers (5.5%). Higher than average of industry peers (0.7%). Reported Earnings • May 28
First quarter 2023 earnings released: EPS: RM0.047 (vs RM0.046 in 1Q 2022) First quarter 2023 results: EPS: RM0.047 (up from RM0.046 in 1Q 2022). Net income: RM6.26m (up 3.9% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 25
Full year 2022 earnings released: EPS: RM0.18 (vs RM0.13 in FY 2021) Full year 2022 results: EPS: RM0.18 (up from RM0.13 in FY 2021). Net income: RM23.6m (up 40% from FY 2021). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 26
Third quarter 2022 earnings released: EPS: RM0.061 (vs RM0.034 in 3Q 2021) Third quarter 2022 results: EPS: RM0.061 (up from RM0.034 in 3Q 2021). Net income: RM8.10m (up 83% from 3Q 2021). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Board Change • Oct 31
High number of new directors Independent Non-Executive Director Beng Tan was the last director to join the board, commencing their role in 2022. Reported Earnings • Aug 31
Second quarter 2022 earnings released: EPS: RM0.051 (vs RM0.025 in 2Q 2021) Second quarter 2022 results: EPS: RM0.051 (up from RM0.025 in 2Q 2021). Net income: RM6.73m (up 100% from 2Q 2021). 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 4% per year, which means it is significantly lagging earnings. Board Change • Aug 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 2 highly experienced directors. Independent Non-Executive Director Cindy Ko was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Jul 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 2 highly experienced directors. Independent Non-Executive Director Cindy Ko was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Jun 28
Upcoming dividend of RM0.035 per share Eligible shareholders must have bought the stock before 05 July 2022. Payment date: 27 July 2022. Payout ratio is a comfortable 24% but the company is not cash flow positive. Trailing yield: 2.7%. Lower than top quartile of Malaysian dividend payers (4.9%). Higher than average of industry peers (0.5%). Reported Earnings • May 27
First quarter 2022 earnings: EPS and revenues exceed analyst expectations First quarter 2022 results: EPS: RM0.046 (up from RM0.029 in 1Q 2021). Net income: RM6.02m (up 53% from 1Q 2021). Revenue exceeded analyst estimates by 1,674%. Earnings per share (EPS) also surpassed analyst estimates by 14,432%. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Announcement • May 02
JcbNext Berhad, Annual General Meeting, Jun 22, 2022 JcbNext Berhad, Annual General Meeting, Jun 22, 2022, at 10:30 Singapore Standard Time. Location: 12th Floor, Menara Symphony, No. 5, Jalan Prof. Khoo Kay Kim, Seksyen 13 Petailing Jaya Selangor Malaysia Reported Earnings • Feb 27
Full year 2021 earnings: EPS and revenues exceed analyst expectations Full year 2021 results: EPS: RM0.13 (up from RM0.048 in FY 2020). Net income: RM16.9m (up 161% from FY 2020). Revenue exceeded analyst estimates by 1,674%. Earnings per share (EPS) also surpassed analyst estimates by 14,432%. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 25
Third quarter 2021 earnings: EPS and revenues exceed analyst expectations Third quarter 2021 results: EPS: RM0.034 (up from RM0.01 in 3Q 2020). Net income: RM4.43m (up 248% from 3Q 2020). Revenue exceeded analyst estimates by 1,674%. Earnings per share (EPS) also surpassed analyst estimates by 14,432%. Earnings per share (EPS) surpassed analyst estimates by 14,432%. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 6% per year. Executive Departure • Nov 25
Company Secretary Siew Wong has left the company On the 24th of November, Siew Wong's tenure as Company Secretary ended after less than a year in the role. We don't have any record of a personal shareholding under Siew's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Reported Earnings • Aug 29
Second quarter 2021 earnings released: EPS RM0.025 (vs RM0.015 in 2Q 2020) Second quarter 2021 results: Net income: RM3.36m (up 65% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 4% per year. Valuation Update With 7 Day Price Move • Jul 06
Investor sentiment improved over the past week After last week's 15% share price gain to RM1.50, the stock trades at a trailing P/E ratio of 23.4x. Average trailing P/E is 32x in the Interactive Media and Services industry in Asia. Total loss to shareholders of 3.4% over the past three years. Upcoming Dividend • Jun 22
Upcoming dividend of RM0.03 per share Eligible shareholders must have bought the stock before 29 June 2021. Payment date: 21 July 2021. Trailing yield: 2.0%. Lower than top quartile of Malaysian dividend payers (3.9%). Higher than average of industry peers (0.3%). Valuation Update With 7 Day Price Move • Jun 18
Investor sentiment improved over the past week After last week's 31% share price gain to RM1.69, the stock trades at a trailing P/E ratio of 26.3x. Average trailing P/E is 36x in the Interactive Media and Services industry in Asia. Total returns to shareholders of 5.2% over the past three years. Reported Earnings • May 27
First quarter 2021 earnings released: EPS RM0.029 (vs RM0.013 in 1Q 2020) First quarter 2021 results: Net income: RM3.93m (up 123% from 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 8% per year, which means it is performing significantly worse than earnings. Announcement • May 18
JcbNext Berhad Approves Final Dividend in Respect of the Financial Year Ended December 31, 2020, Payable on July 21, 2021 JcbNext Berhad announced that it has approved final dividend of 3.0 sen per ordinary share under single-tier system in respect of the financial year ended December 31, 2020. Ex-dividend date is June 29, 2021, entitlement date is June 30, 2021 and payment date is July 21, 2021. Announcement • May 12
JcbNext Berhad Proposes Final Single-Tier Dividend for the Year Ended 31 December 2020 JcbNext Berhad has proposed a final single tier-dividend of 3.0 sen per ordinary share for the financial year ended 31 December 2020, subject to the shareholders' approval at the forthcoming Seventeeth Annual General Meeting of the Company. Reported Earnings • Feb 27
Full year 2020 earnings released: EPS RM0.047 (vs RM0.075 in FY 2019) Full year 2020 results: Net income: RM6.35m (down 38% from FY 2019). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Feb 25
New 90-day low: RM1.27 The company is down 11% from its price of RM1.43 on 24 November 2020. The Malaysian market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Interactive Media and Services industry, which is up 17% over the same period. Is New 90 Day High Low • Feb 02
New 90-day low: RM1.31 The company is down 7.0% from its price of RM1.41 on 02 November 2020. The Malaysian market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Interactive Media and Services industry, which is up 18% over the same period. Reported Earnings • Nov 27
Third quarter 2020 earnings released: EPS RM0.01 Third quarter 2020 results: Revenue: RM934.0k (down 57% from 3Q 2019). Net income: RM1.28m (down 63% from 3Q 2019). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Oct 05
New 90-day high: RM1.46 The company is up 8.0% from its price of RM1.35 on 07 July 2020. The Malaysian market is down 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Interactive Media and Services industry, which is up 1.0% over the same period.