Major Estimate Revision • Jun 02
Consensus revenue estimates fall by 12% The consensus outlook for revenues in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from RM200.1m to RM176.6m. EPS estimate fell from RM0.05 to RM0.02 per share. Net income forecast to shrink 27% next year vs 25% growth forecast for IT industry in Malaysia . Consensus price target down from RM0.97 to RM0.72. Share price was steady at RM0.45 over the past week. Reported Earnings • May 26
First quarter 2026 earnings released: EPS: RM0.004 (vs RM0.008 in 1Q 2025) First quarter 2026 results: EPS: RM0.004 (down from RM0.008 in 1Q 2025). Revenue: RM34.8m (down 2.1% from 1Q 2025). Net income: RM1.97m (down 56% from 1Q 2025). Profit margin: 5.7% (down from 13% in 1Q 2025). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 10% growth forecast for the IT industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Price Target Changed • May 21
Price target decreased by 20% to RM0.94 Down from RM1.18, the current price target is provided by 1 analyst. New target price is 76% above last closing price of RM0.54. Stock is down 31% over the past year. The company is forecast to post earnings per share of RM0.049 for next year compared to RM0.04 last year. Announcement • Apr 29
Cloudpoint Technology Berhad, Annual General Meeting, Jun 26, 2026 Cloudpoint Technology Berhad, Annual General Meeting, Jun 26, 2026, at 10:00 Singapore Standard Time. Location: m resort (bukit tunku room @ level 9) of, jalan damansara, bukit kiara, 60000 kuala lumpur, wilayah persekutuan kuala lumpur, Malaysia Reported Earnings • Mar 01
Full year 2025 earnings released: EPS: RM0.041 (vs RM0.038 in FY 2024) Full year 2025 results: EPS: RM0.041 (up from RM0.038 in FY 2024). Revenue: RM183.9m (up 27% from FY 2024). Net income: RM21.5m (up 5.2% from FY 2024). Profit margin: 12% (down from 14% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.8% p.a. on average during the next 2 years, compared to a 13% growth forecast for the IT industry in Malaysia. Announcement • Nov 28
Cloudpoint Technology Berhad Proposes First Interim Dividend in Respect of the Financial Year Ending 31 December 2025, Payable on 2 January 2026 Cloudpoint Technology Berhad has proposed the first interim dividend of MYR 0.01 per share in respect of the financial year ending 31 December 2025, amounting to a dividend payable of MYR 5,316,000.00The entitlement date is 9 December 2025, and the payment date will be 2 January 2026. Ex Date is 8 December 2025. Declared Dividend • Nov 27
Dividend of RM0.01 announced Dividend of RM0.01 is the same as last year. Ex-date: 8th December 2025 Payment date: 2nd January 2026 Dividend yield will be 2.8%, which is lower than the industry average of 4.9%. Sustainability & Growth Dividend is well covered by both earnings (48% earnings payout ratio) and cash flows (41% cash payout ratio). The dividend has not increased over the past 2 years but payments have been stable during that time. EPS is expected to grow by 31% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 26
Third quarter 2025 earnings released: EPS: RM0.008 (vs RM0.008 in 3Q 2024) Third quarter 2025 results: EPS: RM0.008 (in line with 3Q 2024). Revenue: RM44.7m (up 69% from 3Q 2024). Net income: RM4.48m (up 12% from 3Q 2024). Profit margin: 10.0% (down from 15% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 10% growth forecast for the IT industry in Malaysia. New Risk • Oct 27
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: RM417.3m (US$99.1m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company. Reported Earnings • Aug 31
Second quarter 2025 earnings released: EPS: RM0.01 (vs RM0.01 in 2Q 2024) Second quarter 2025 results: EPS: RM0.01 (in line with 2Q 2024). Revenue: RM45.6m (up 44% from 2Q 2024). Net income: RM5.51m (up 6.1% from 2Q 2024). Profit margin: 12% (down from 16% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the IT industry in Malaysia. Reported Earnings • May 30
First quarter 2025 earnings released: EPS: RM0.009 (vs RM0.007 in 1Q 2024) First quarter 2025 results: EPS: RM0.009 (up from RM0.007 in 1Q 2024). Revenue: RM35.6m (up 2.7% from 1Q 2024). Net income: RM4.50m (up 22% from 1Q 2024). Profit margin: 13% (up from 11% in 1Q 2024). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the IT industry in Malaysia. Announcement • Apr 29
Cloudpoint Technology Berhad, Annual General Meeting, Jun 23, 2025 Cloudpoint Technology Berhad, Annual General Meeting, Jun 23, 2025, at 10:00 Singapore Standard Time. Location: m resort (bukit tunku room @ level 9) of, jalan damansara, bukit kiara, 60000 kuala lumpur, wilayah persekutuan kuala lumpur, Malaysia New Risk • Mar 04
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: RM412.0m (US$92.2m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Market cap is less than US$100m (RM412.0m market cap, or US$92.2m). New Risk • Mar 02
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 6.8% 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. This is currently the only risk that has been identified for the company. Declared Dividend • Feb 28
Final dividend of RM0.01 announced Dividend of RM0.01 is the same as last year. Ex-date: 12th March 2025 Payment date: 2nd April 2025 Dividend yield will be 2.3%, which is lower than the industry average of 4.9%. Sustainability & Growth Dividend is covered by both earnings (55% earnings payout ratio) and cash flows (48% cash payout ratio). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. EPS is expected to grow by 28% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 27
Full year 2024 earnings released: EPS: RM0.038 (vs RM0.036 in FY 2023) Full year 2024 results: EPS: RM0.038 (up from RM0.036 in FY 2023). Revenue: RM145.0m (up 32% from FY 2023). Net income: RM20.3m (up 25% from FY 2023). Profit margin: 14% (in line with FY 2023). Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 13% growth forecast for the IT industry in Malaysia. Announcement • Nov 27
Cloudpoint Technology Berhad First Interim Single-Tier Dividend for the Financial Year Ending 31 December 2024, Payable on December 23, 2024 Cloudpoint Technology Berhad announced First Interim Single-Tier Dividend of MYR 0.01 for the financial year ending 31 December 2024. Ex-Date is December 9, 2024, Entitlement date is December 10, 2024 and payment date is December 23, 2024. Declared Dividend • Nov 27
Dividend of RM0.01 announced Dividend of RM0.01 is the same as last year. Ex-date: 9th December 2024 Payment date: 23rd December 2024 Dividend yield will be 2.4%, which is lower than the industry average of 4.9%. Sustainability & Growth Dividend is covered by earnings (55% earnings payout ratio) but not covered by cash flows (272% cash payout ratio). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. The company's earnings per share (EPS) would need to decline by 39% to shift the payout ratio to a potentially unsustainable range, which is less than the 62% EPS decline seen over the last 5 years. Reported Earnings • Nov 26
Third quarter 2024 earnings released: EPS: RM0.008 (vs RM0.006 in 3Q 2023) Third quarter 2024 results: EPS: RM0.008 (up from RM0.006 in 3Q 2023). Revenue: RM26.4m (up 35% from 3Q 2023). Net income: RM4.02m (up 22% from 3Q 2023). Profit margin: 15% (down from 17% in 3Q 2023). The decrease in margin was driven by higher expenses. Reported Earnings • Aug 24
Second quarter 2024 earnings released: EPS: RM0.01 (vs RM0.008 in 2Q 2023) Second quarter 2024 results: EPS: RM0.01 (up from RM0.008 in 2Q 2023). Revenue: RM31.6m (down 21% from 2Q 2023). Net income: RM5.19m (up 21% from 2Q 2023). Profit margin: 16% (up from 11% in 2Q 2023). The increase in margin was driven by lower expenses. New Risk • Aug 05
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: RM396.0m (US$89.5m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Short dividend paying track record (1 year of continuous dividend payments). Share price has been volatile over the past 3 months (8.8% average weekly change). Market cap is less than US$100m (RM396.0m market cap, or US$89.5m). New Risk • Jul 08
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 Short dividend paying track record (1 year of continuous dividend payments). Share price has been volatile over the past 3 months (7.8% average weekly change). Valuation Update With 7 Day Price Move • Jul 03
Investor sentiment improves as stock rises 30% After last week's 30% share price gain to RM1.02, the stock trades at a trailing P/E ratio of 32x. Average trailing P/E is 29x in the IT industry in Malaysia. Total returns to shareholders of 103% over the past year. Reported Earnings • May 25
First quarter 2024 earnings released: EPS: RM0.007 (vs RM0.007 in 1Q 2023) First quarter 2024 results: EPS: RM0.007 (in line with 1Q 2023). Revenue: RM34.7m (up 79% from 1Q 2023). Net income: RM3.70m (up 23% from 1Q 2023). Profit margin: 11% (down from 16% in 1Q 2023). The decrease in margin was driven by higher expenses. Announcement • May 01
Cloudpoint Technology Berhad, Annual General Meeting, Jun 26, 2024 Cloudpoint Technology Berhad, Annual General Meeting, Jun 26, 2024, at 10:00 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 Directors' Fees and other benefits up to RM250,000 payable to the Non-Executive Directors of the Company for the period commencing from the date immediately after the 2nd AGM until the conclusion of the next AGM of the Company in the year 2025; to re-appoint Messrs. Baker Tilly Monteiro Heng PLT (AF 0117) as Auditors of the Company for the upcoming year and to authorize the Directors to fix their remuneration; and to consider other matters. Upcoming Dividend • Feb 29
Upcoming dividend of RM0.01 per share Eligible shareholders must have bought the stock before 07 March 2024. Payment date: 02 April 2024. Trailing yield: 3.5%. Lower than top quartile of Malaysian dividend payers (4.7%). Lower than average of industry peers (4.5%). Reported Earnings • Feb 24
Full year 2023 earnings released: EPS: RM0.031 (vs RM8.77 in FY 2022) Full year 2023 results: EPS: RM0.031. Revenue: RM110.1m (up 22% from FY 2022). Net income: RM16.2m (up 23% from FY 2022). Profit margin: 15% (in line with FY 2022). Announcement • Nov 24
Cloudpoint Technology Berhad Announces First Interim Single-Tier Dividend for the Financial Year Ending 31 December 2023, Payable on 02 January 2024 Cloudpoint Technology Berhad announced first interim single-tier dividend of MYR 0.01 for the financial year ending 31 December 2023. Ex-Date is 07 December 2023. Entitlement date is 08 December 2023. Payment Date is 02 January 2024. Reported Earnings • Nov 23
Third quarter 2023 earnings released Third quarter 2023 results: EPS: RM0.006. Net income: RM3.31m (up RM3.31m from 3Q 2022). Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 17% growth forecast for the IT industry in Malaysia. Reported Earnings • Aug 24
Second quarter 2023 earnings released Second quarter 2023 results: EPS: RM0.008. Net income: RM4.30m (up RM4.30m from 2Q 2022). Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the IT industry in Asia. Board Change • May 29
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. No experienced directors. No highly experienced directors. Executive Director & CEO Wai Hoong Choong 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.