Reported Earnings • May 28
First quarter 2026 earnings released: EPS: RM0.003 (vs RM0 in 1Q 2025) First quarter 2026 results: EPS: RM0.003 (up from RM0 in 1Q 2025). Revenue: RM22.9m (up 61% from 1Q 2025). Net income: RM2.45m (up RM2.31m from 1Q 2025). Profit margin: 11% (up from 1.0% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Board Change • May 06
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Executive Director Chong Hong Ku was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Apr 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 7 experienced directors. No highly experienced directors. Executive Director Kenny Woo was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Mar 26
Axteria Group Berhad, Annual General Meeting, May 26, 2026 Axteria Group Berhad, Annual General Meeting, May 26, 2026, at 10:00 Singapore Standard Time. Location: event hall, daiman 18 golf club, no. 18, jalan pesona, taman johor jaya, 81100 johor bahru, johor darul takzim, Malaysia Reported Earnings • Mar 02
Full year 2025 earnings released: EPS: RM0.012 (vs RM0.014 loss in FY 2024) Full year 2025 results: EPS: RM0.012 (up from RM0.014 loss in FY 2024). Revenue: RM70.3m (up 46% from FY 2024). Net income: RM9.70m (up RM20.2m from FY 2024). Profit margin: 14% (up from net loss in FY 2024). The move to profitability was driven by higher revenue. 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 16% per year, which means it is significantly lagging earnings. New Risk • Feb 07
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 11% 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 (11% average weekly change). Minor Risk Market cap is less than US$100m (RM78.8m market cap, or US$20.0m). Reported Earnings • Nov 29
Third quarter 2025 earnings released: EPS: RM0.001 (vs RM0 in 3Q 2024) Third quarter 2025 results: EPS: RM0.001 (up from RM0 in 3Q 2024). Revenue: RM8.56m (down 26% from 3Q 2024). Net income: RM1.01m (up RM948.0k from 3Q 2024). Profit margin: 12% (up from 0.5% in 3Q 2024). 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 9% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 31
Second quarter 2025 earnings released: EPS: RM0.001 (vs RM0 in 2Q 2024) Second quarter 2025 results: EPS: RM0.001 (up from RM0 in 2Q 2024). Revenue: RM19.5m (up 15% from 2Q 2024). Net income: RM581.0k (up RM574.0k from 2Q 2024). Profit margin: 3.0% (up from 0% in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 17% per year. Reported Earnings • Jun 02
First quarter 2025 earnings released: EPS: RM0 (vs RM0 in 1Q 2024) First quarter 2025 results: EPS: RM0 (in line with 1Q 2024). Revenue: RM14.2m (up 61% from 1Q 2024). Net income: RM146.0k (down 18% from 1Q 2024). Profit margin: 1.0% (down from 2.0% in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 25% per year whereas the company’s share price has fallen by 22% per year. Reported Earnings • Mar 03
Full year 2024 earnings released: RM0.014 loss per share (vs RM0.001 loss in FY 2023) Full year 2024 results: RM0.014 loss per share (further deteriorated from RM0.001 loss in FY 2023). Revenue: RM48.1m (down 26% from FY 2023). Net loss: RM10.5m (loss widened RM9.51m from FY 2023). Over the last 3 years on average, earnings per share has fallen by 16% per year whereas the company’s share price has fallen by 18% per year. Reported Earnings • Nov 27
Third quarter 2024 earnings released: EPS: RM0 (vs RM0 in 3Q 2023) Third quarter 2024 results: EPS: RM0 (in line with 3Q 2023). Revenue: RM11.5m (down 47% from 3Q 2023). Net income: RM59.0k (down 79% from 3Q 2023). Profit margin: 0.5% (down from 1.3% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. New Risk • Oct 09
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 Share price has been volatile over the past 3 months (8.4% average weekly change). Shareholders have been diluted in the past year (10.0% increase in shares outstanding). Market cap is less than US$100m (RM102.5m market cap, or US$23.9m). New Risk • Sep 12
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 8.1% 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: Major Risk Less than 1 year of cash runway based on free cash flow trend (-RM5.3m free cash flow). Minor Risks Share price has been volatile over the past 3 months (8.1% average weekly change). Market cap is less than US$100m (RM111.1m market cap, or US$25.6m). Reported Earnings • Aug 31
Second quarter 2024 earnings released: EPS: RM0 (vs RM0 in 2Q 2023) Second quarter 2024 results: EPS: RM0 (in line with 2Q 2023). Revenue: RM17.0m (up 69% from 2Q 2023). Net income: RM7.0k (down 97% from 2Q 2023). Profit margin: 0% (down from 2.2% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Reported Earnings • May 21
First quarter 2024 earnings released: EPS: RM0 (vs RM0.002 in 1Q 2023) First quarter 2024 results: EPS: RM0 (down from RM0.002 in 1Q 2023). Revenue: RM8.80m (down 49% from 1Q 2023). Net income: RM177.0k (down 82% from 1Q 2023). Profit margin: 2.0% (down from 5.5% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 01
Full year 2023 earnings released: RM0.002 loss per share (vs RM0.021 loss in FY 2022) Full year 2023 results: RM0.002 loss per share (improved from RM0.021 loss in FY 2022). Revenue: RM65.4m (up 284% from FY 2022). Net loss: RM983.0k (loss narrowed 90% from FY 2022). Over the last 3 years on average, earnings per share has increased by 108% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings. New Risk • Feb 15
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: Major Risks Less than 1 year of cash runway based on free cash flow trend (-RM26m free cash flow). Earnings have declined by 1.3% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Market cap is less than US$100m (RM89.6m market cap, or US$18.7m). Reported Earnings • Nov 25
Third quarter 2023 earnings released: EPS: RM0.001 (vs RM0.004 loss in 3Q 2022) Third quarter 2023 results: EPS: RM0.001 (up from RM0.004 loss in 3Q 2022). Revenue: RM21.8m (up RM19.0m from 3Q 2022). Net income: RM282.0k (up RM1.93m from 3Q 2022). Profit margin: 1.3% (up from net loss in 3Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Announcement • Nov 01
Axteria Group Berhad Announces Resignation of Yee Wei Meng as Executive Director Axteria Group Berhad announced resignation of Mr. Yee Wei Meng as Executive Director. Age 45, Date of change 31 October 2023. Reason: Personal Commitment. Reported Earnings • Aug 26
Second quarter 2023 earnings released: EPS: RM0 (vs RM0.006 loss in 2Q 2022) Second quarter 2023 results: EPS: RM0 (improved from RM0.006 loss in 2Q 2022). Revenue: RM10.1m (up 266% from 2Q 2022). Net income: RM222.0k (up RM2.52m from 2Q 2022). Profit margin: 2.2% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. Announcement • Aug 03
Axteria Group Berhad Appoints Tee (Tay) Eng Joo as Executive Director Axteria Group Berhad appoints Tee (Tay) Eng Joo, 59, as Executive Director. Date of change 01 Aug. 2023. Qualifications:- Diploma General Surveying Practise, College of Estate Management, United Kingdom. Mr. Tee (Tay) Eng Joo ("Mr. Tee") began his career in real estate industry with Aldini Group of Companies in Johor Bahru in 1990. In 1996, he founded his own development consultancy company, APRE Consulting Sdn Bhd, which provided comprehensive property development consultancy and marketing services to reputable developers in Malaysia.Joining Axteria in December 2022, Mr. Tee oversees all sales and marketing functions, including market research, product innovation and development, new project planning, branding, advertising, lead generation, sales operations, and customer relationship management for the Group's development projects. He also leads effort to foster an innovation mindset by driving digitalisation across the organisation, which involves a dynamic operational approach that benefits both employers and employees. Reported Earnings • Jun 03
First quarter 2023 earnings released: EPS: RM0.002 (vs RM0 in 1Q 2022) First quarter 2023 results: EPS: RM0.002 (up from RM0 in 1Q 2022). Revenue: RM17.3m (up 138% from 1Q 2022). Net income: RM958.0k (up RM887.0k from 1Q 2022). Profit margin: 5.5% (up from 1.0% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 39% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 02
Full year 2022 earnings released: RM0.024 loss per share (vs RM0.005 loss in FY 2021) Full year 2022 results: RM0.024 loss per share (further deteriorated from RM0.005 loss in FY 2021). Revenue: RM17.0m (down 33% from FY 2021). Net loss: RM10.0m (loss widened 480% from FY 2021). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Announcement • Feb 09
Axteria Group Berhad Announces Appointment of Woo Wai Onn @ Foo Wai Onn as Group Managing Director Axteria Group Berhad announced appointment of MR WOO WAI ONN @ FOO WAI ONN as Group Managing Director. Date of change is February 8, 2023. Age is 63. Qualification includes Diploma of Finance and Accounting from North East London Polytechnic (UK). Working experience and occupation: Mr. Woo started his own manufacturing business in 1988 supplying high precision metal components to MNCs such as Bosch, Philips, Motorola, JVC, Panasonic, JCY, etc. In 2013, Mr. Woo divested his entire shareholdings to a local private equity firm that managed funds over MYR 600 million in pursuit of his interest in the property sector. Mr. Woo ventured into the property sector since 2006. Some of his notable projects are - 3 blocks of 266 units of serviced apartment, namely Puteri Bayu 1 Johor Bahru in 2007. - 50 units of detached industrial factories on about 100 acres of land in Desa Cemerlang and other locations in Johor Bahru in 2007. - 5 blocks of 1,310 units of serviced apartment, namely Greenfield Regency Johor Bahru in 2011. - 3 blocks of 1,050 units of serviced apartment, namely Molek Regency Johor Bahru in 2013. Throughout his entire working career, Mr. Woo has been personally involved in the daily operation of his businesses that encompass planning, marketing, finance and project management Mr. Woo was appointed as the Group Chief Executive Officer of the Company on 1 December 2022. Announcement • Dec 31
Axteria Group Berhad Announces Resignation of Mr. Tee Kuan Hong as Executive Director, with Effect from December 30, 2022 Axteria Group Berhad announced resignation of Mr. Tee Kuan Hong as Executive Director, with effect from December 30, 2022. Age: 38. Gender: Male. Nationality: Malaysia. Reason: Personal Commitment. Reported Earnings • Dec 04
Third quarter 2022 earnings released: RM0.004 loss per share (vs RM0.004 profit in 3Q 2021) Third quarter 2022 results: RM0.004 loss per share (down from RM0.004 profit in 3Q 2021). Revenue: RM2.82m (down 74% from 3Q 2021). Net loss: RM1.65m (down 230% from profit in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings. Board Change • Nov 16
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 1 experienced director. No highly experienced directors. Non-Independent & Non-Executive Director Ahmad Rahizal Bin Dato' Ahmad Rasidi is the most experienced director on the board, commencing their role in 2015. 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 • Oct 01
Axteria Group Berhad Announces Resignation of Ong Li Tak as Executive Director, Date of Change 30 September 2022 Axteria Group Berhad announced resignation of Ong Li Tak, age 44, as Executive Director, reason of Personal Commitment, Date of change 30 September 2022. Reported Earnings • Aug 27
Second quarter 2022 earnings released: RM0.006 loss per share (vs RM0.009 loss in 2Q 2021) Second quarter 2022 results: RM0.006 loss per share (up from RM0.009 loss in 2Q 2021). Revenue: RM2.75m (down 62% from 2Q 2021). Net loss: RM2.29m (loss narrowed 19% from 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 22% per year, which means it is performing significantly worse than earnings. Reported Earnings • May 30
First quarter 2022 earnings: EPS and revenues miss analyst expectations First quarter 2022 results: EPS: RM0 (up from RM0.009 loss in 1Q 2021). Revenue: RM7.29m (up 402% from 1Q 2021). Net income: RM71.0k (up RM2.51m from 1Q 2021). Profit margin: 1.0% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) were also behind analyst estimates. Over the last 3 years on average, earnings per share has fallen by 19% per year and the company’s share price has also fallen by 19% per year. Board Change • Apr 27
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Non-Independent Non-Executive Director Joo Tan was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Apr 01
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Non-Independent Non-Executive Director Joo Tan was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Mar 01
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Non-Independent Non-Executive Director Joo Tan was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 25
Full year 2021 earnings: EPS and revenues miss analyst expectations Full year 2021 results: RM0.005 loss per share (up from RM0.14 loss in FY 2020). Revenue: RM25.3m (up 389% from FY 2020). Net loss: RM1.73m (loss narrowed 94% from FY 2020). Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) were also behind analyst expectations. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings. Reported Earnings • Nov 28
Third quarter 2021 earnings: EPS and revenues miss analyst expectations Third quarter 2021 results: EPS: RM0.004 (up from RM0.03 loss in 3Q 2020). Revenue: RM11.0m (up RM10.5m from 3Q 2020). Net income: RM1.27m (up RM7.19m from 3Q 2020). Profit margin: 12% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) also missed analyst estimates by 29%. Earnings per share (EPS) missed analyst estimates by 29%. Over the last 3 years on average, earnings per share has fallen by 57% 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 • Sep 28
Second quarter 2021 earnings released: RM0.009 loss per share (vs RM0.006 loss in 2Q 2020) The company reported a solid second quarter result with improved revenues and control over costs, although losses increased. Second quarter 2021 results: Revenue: RM7.17m (up 494% from 2Q 2020). Net loss: RM2.83m (loss widened 162% from 2Q 2020). 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. Director Overboarding • Aug 28
Director Wei Yee has joined 3rd company board Group MD & Executive Director Wei Yee has been appointed to the board of Scope Industries Berhad (KLSE:SCOPE). Yee now sits on a total of 3 company boards. With 3 board positions including the role of CEO at Axteria Group Berhad (KLSE:AXTERIA), the director is at risk of having too many board obligations according to the Simply Wall St Risk Model. Executive Departure • Jun 08
Joint Company Secretary Wai Foong Wong has left the company On the 31st of May, Wai Foong Wong's tenure as Joint Company Secretary ended after 9.4 years in the role. We don't have any record of a personal shareholding under Wai Foong's name. A total of 6 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. Executive Departure • Jun 08
Joint Company Secretary Hooi Mooi Lim has left the company On the 31st of May, Hooi Mooi Lim's tenure as Joint Company Secretary ended. We don't have any record of a personal shareholding under Hooi Mooi's name. A total of 6 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. Executive Departure • Jun 08
Joint Company Secretary Yen Lau has left the company On the 31st of May, Yen Lau's tenure as Joint Company Secretary ended after 2.8 years in the role. We don't have any record of a personal shareholding under Yen's name. A total of 6 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 • May 28
First quarter 2021 earnings released: RM0.009 loss per share (vs RM0.009 loss in 1Q 2020) First quarter 2021 results: Net loss: RM2.44m (loss widened 41% from 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Executive Departure • May 21
Non-Independent Non-Executive Chairman Ngai Leong has left the company On the 10th of May, Ngai Leong's tenure as Non-Independent Non-Executive Chairman ended after 9.2 years in the role. As of March 2021, Ngai personally held 4.15m shares (RM1.3m worth at the time). A total of 3 executives have left over the last 12 months. Executive Departure • May 21
Independent Non Executive Director has left the company On the 10th of May, Kwai Soon's tenure as Independent Non Executive Director ended after 19.7 years in the role. As of March 2021, Kwai personally held 1.01m shares (RM323k worth at the time). A total of 3 executives have left over the last 12 months. Executive Departure • Apr 20
Independent & Non Executive Director has left the company On the 13th of April, Boon Huat Koh's tenure as Independent & Non Executive Director ended after 3.1 years in the role. We don't have any record of a personal shareholding under Boon Huat's name. Boon Huat is the only executive to leave the company over the last 12 months. Reported Earnings • Apr 02
Full year 2020 earnings released: RM0.13 loss per share (vs RM0.008 loss in FY 2019) Full year 2020 results: Net loss: RM26.2m (loss widened RM24.6m from FY 2019). Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Feb 04
New 90-day high: RM0.33 The company is up 35% from its price of RM0.24 on 06 November 2020. The Malaysian market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is up 13% over the same period. Announcement • Jan 08
Acoustech Berhad has completed a Follow-on Equity Offering in the amount of MYR 8.456372 million. Acoustech Berhad has completed a Follow-on Equity Offering in the amount of MYR 8.456372 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 44,274,200
Price\Range: MYR 0.191
Transaction Features: Subsequent Direct Listing Is New 90 Day High Low • Dec 21
New 90-day low: RM0.20 The company is down 29% from its price of RM0.29 on 22 September 2020. The Malaysian market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 20% over the same period. Reported Earnings • Nov 28
Third quarter 2020 earnings released: RM0.03 loss per share Third quarter 2020 results: Net loss: RM5.92m (down RM5.94m from profit in 3Q 2019). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Nov 24
New 90-day low: RM0.22 The company is down 32% from its price of RM0.33 on 26 August 2020. The Malaysian market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is flat over the same period. Is New 90 Day High Low • Oct 27
New 90-day low: RM0.24 The company is down 33% from its price of RM0.36 on 29 July 2020. The Malaysian market is down 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is down 2.0% over the same period. Is New 90 Day High Low • Oct 07
New 90-day low: RM0.28 The company is down 27% from its price of RM0.38 on 09 July 2020. The Malaysian market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is down 5.0% over the same period.