Reported Earnings • May 24
First quarter 2026 earnings released: EPS: RM0 (vs RM0.001 in 1Q 2025) First quarter 2026 results: EPS: RM0 (down from RM0.001 in 1Q 2025). Revenue: RM19.1m (down 7.2% from 1Q 2025). Net income: RM40.8k (down 87% from 1Q 2025). Profit margin: 0.2% (down from 1.5% in 1Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • May 20
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 20% to RM0.27. The fair value is estimated to be RM0.22, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Meanwhile, the company has become profitable. Buy Or Sell Opportunity • Apr 28
Now 26% overvalued after recent price rise Over the last 90 days, the stock has risen 2.3% to RM0.23. The fair value is estimated to be RM0.18, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Meanwhile, the company has become profitable. Announcement • Apr 23
IFCA MSC Berhad, Annual General Meeting, May 22, 2026 IFCA MSC Berhad, Annual General Meeting, May 22, 2026, at 10:00 Singapore Standard Time. Location: the auditorium, ifca msc berhad, block f2, no. 19, jalan pju 1/42a, dataran prima, 47301 petaling jaya, selangor, Malaysia Reported Earnings • Mar 02
Full year 2025 earnings released: EPS: RM0.01 (vs RM0.029 in FY 2024) Full year 2025 results: EPS: RM0.01 (down from RM0.029 in FY 2024). Revenue: RM95.7m (down 9.8% from FY 2024). Net income: RM5.94m (down 66% from FY 2024). Profit margin: 6.2% (down from 16% in FY 2024). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. New Risk • Nov 19
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 95% Cash payout ratio: 101% Dividend yield: 5.8% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 95% Cash payout ratio: 101% Minor Risks Share price has been volatile over the past 3 months (8.0% average weekly change). Market cap is less than US$100m (RM156.0m market cap, or US$37.6m). Reported Earnings • Nov 19
Third quarter 2025 earnings released: EPS: RM0.002 (vs RM0.009 in 3Q 2024) Third quarter 2025 results: EPS: RM0.002 (down from RM0.009 in 3Q 2024). Revenue: RM23.4m (down 22% from 3Q 2024). Net income: RM1.16m (down 79% from 3Q 2024). Profit margin: 5.0% (down from 18% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Sep 22
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 12% to RM0.33. The fair value is estimated to be RM0.27, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 96%. Reported Earnings • Aug 23
Second quarter 2025 earnings released: EPS: RM0.006 (vs RM0.009 in 2Q 2024) Second quarter 2025 results: EPS: RM0.006 (down from RM0.009 in 2Q 2024). Revenue: RM25.6m (down 12% from 2Q 2024). Net income: RM3.56m (down 36% from 2Q 2024). Profit margin: 14% (down from 19% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 96% 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. 4 experienced directors. 2 highly experienced directors. Independent Non-Executive Director Liza Binti Rasool Khan was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Jun 04
Upcoming dividend of RM0.01 per share Eligible shareholders must have bought the stock before 11 June 2025. Payment date: 26 June 2025. Payout ratio is a comfortable 57% and this is well supported by cash flows. Trailing yield: 4.5%. Lower than top quartile of Malaysian dividend payers (5.6%). Higher than average of industry peers (4.0%). Announcement • May 23
IFCA MSC Berhad Approves Final Single-Tier Dividend for the Financial Year Ended 31 December 2024 IFCA MSC Berhad announced that at the Annual General Meeting held on 23 May 2025, approved the final single-tier dividend of 1.0 sen per ordinary share in respect of the financial year ended 31 December 2024. Reported Earnings • Apr 27
Full year 2024 earnings released: EPS: RM0.029 (vs RM0.004 in FY 2023) Full year 2024 results: EPS: RM0.029 (up from RM0.004 in FY 2023). Revenue: RM106.0m (up 36% from FY 2023). Net income: RM17.4m (up RM15.2m from FY 2023). Profit margin: 16% (up from 2.7% in FY 2023). 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 only increased by 14% per year, which means it is significantly lagging earnings growth. Declared Dividend • Apr 26
Final dividend of RM0.01 announced Shareholders will receive a dividend of RM0.01. Ex-date: 11th June 2025 Payment date: 26th June 2025 Dividend yield will be 5.6%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is covered by both earnings (53% earnings payout ratio) and cash flows (56% cash payout ratio). The dividend has increased by an average of 4.1% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 24% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Apr 23
IFCA MSC Berhad, Annual General Meeting, May 23, 2025 IFCA MSC Berhad, Annual General Meeting, May 23, 2025, at 10:00 Singapore Standard Time. Location: the auditorium, ifca msc berhad, block f2, no. 19, jalan pju 1/42a, dataran prima, 47301 selangor, petaling jaya Malaysia Reported Earnings • Mar 02
Full year 2024 earnings released: EPS: RM0.029 (vs RM0.004 in FY 2023) Full year 2024 results: EPS: RM0.029 (up from RM0.004 in FY 2023). Revenue: RM109.9m (up 41% from FY 2023). Net income: RM17.4m (up RM15.2m from FY 2023). Profit margin: 16% (up from 2.7% in FY 2023). 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 only increased by 22% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Nov 28
Upcoming dividend of RM0.015 per share Eligible shareholders must have bought the stock before 05 December 2024. Payment date: 20 December 2024. Payout ratio is on the higher end at 90%, however this is supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Malaysian dividend payers (4.9%). Lower than average of industry peers (3.7%). Reported Earnings • Nov 20
Third quarter 2024 earnings released: EPS: RM0.009 (vs RM0.001 in 3Q 2023) Third quarter 2024 results: EPS: RM0.009 (up from RM0.001 in 3Q 2023). Revenue: RM30.8m (up 46% from 3Q 2023). Net income: RM5.50m (up RM4.89m from 3Q 2023). Profit margin: 18% (up from 2.9% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Nov 15
IFCA MSC Berhad to Report Q3, 2024 Results on Nov 19, 2024 IFCA MSC Berhad announced that they will report Q3, 2024 results at 5:00 PM, Singapore Standard Time on Nov 19, 2024 Buy Or Sell Opportunity • Oct 08
Now 34% overvalued Over the last 90 days, the stock has fallen 17% to RM0.74. The fair value is estimated to be RM0.55, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 37%. Announcement • Aug 23
IFCA MSC Berhad Reports Impairment Charges for the Second Quarter Ended June 30, 2024 IFCA MSC Berhad reported impairment charges for the second quarter ended June 30, 2024. For the quarter, the company reported impairment losses on investment property of MYR 287,761. Impairment losses on contract asset of MYR 6,494 against MYR 24,150 a year ago. Reported Earnings • Aug 21
Second quarter 2024 earnings released: EPS: RM0.009 (vs RM0.001 in 2Q 2023) Second quarter 2024 results: EPS: RM0.009 (up from RM0.001 in 2Q 2023). Revenue: RM29.7m (up 60% from 2Q 2023). Net income: RM5.51m (up RM4.96m from 2Q 2023). Profit margin: 19% (up from 3.0% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has increased by 27% per year, which means it is well ahead of earnings. New Risk • Aug 02
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: RM438.8m (US$97.6m) 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: Major Risk Earnings have declined by 33% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (RM438.8m market cap, or US$97.6m). Announcement • Apr 26
IFCA MSC Berhad, Annual General Meeting, May 23, 2024 IFCA MSC Berhad, Annual General Meeting, May 23, 2024, at 10:00 Singapore Standard Time. Location: The Auditorium, IFCA MSC Berhad, Block F2, The Auditorium, IFCA MSC Berhad, Block F2 47301 Petaling Jaya Selangor Malaysia Agenda: To receive the Audited Financial Statements of the Company for the financial year ended 31 December 2023 together with the Reports of the Directors and Auditors thereon; to approve the Directors' Fees and Allowances up to RM300,000 with effect from 24 May 2024 until the next AGM of the Company; to re-elect Mr. Yong Keang Cheun who retires by rotation in accordance with Clause 94 of the Company's Constitution and who being eligible offers himself for re-election; and to discuss other matters. New Risk • Apr 22
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 8.4% 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 Risk Earnings have declined by 35% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.4% average weekly change). Market cap is less than US$100m (RM251.2m market cap, or US$52.6m). Reported Earnings • Mar 02
Full year 2023 earnings released: EPS: RM0.004 (vs RM0.007 loss in FY 2022) Full year 2023 results: EPS: RM0.004 (up from RM0.007 loss in FY 2022). Revenue: RM82.6m (up 9.5% from FY 2022). Net income: RM2.13m (up RM6.27m from FY 2022). Profit margin: 2.6% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance. Announcement • Feb 29
IFCA MSC Berhad Proposes Final Single-Tier Dividend in Respect of the Financial Year Ended 31 December 2023 The Board of Directors of IFCA MSC Berhad announced a Proposed Final Single-Tier Dividend of 0.5 sen per share in respect of the financial year ended 31 December 2023 which is subject to the shareholders' approval at the forthcoming Annual General Meeting. The book closure date and payment date will be announced at a later date. Reported Earnings • Nov 18
Third quarter 2023 earnings released: EPS: RM0.001 (vs RM0.001 in 3Q 2022) Third quarter 2023 results: EPS: RM0.001 (in line with 3Q 2022). Revenue: RM22.1m (up 8.8% from 3Q 2022). Net income: RM611.4k (down 26% from 3Q 2022). Profit margin: 2.8% (down from 4.0% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 17
Second quarter 2023 earnings released: EPS: RM0.001 (vs RM0.005 loss in 2Q 2022) Second quarter 2023 results: EPS: RM0.001 (up from RM0.005 loss in 2Q 2022). Revenue: RM20.0m (up 3.0% from 2Q 2022). Net income: RM555.2k (up RM3.50m from 2Q 2022). Profit margin: 2.8% (up from net loss in 2Q 2022). The move to profitability was primarily driven by lower expenses. 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 14% per year, which means it has not declined as severely as earnings. New Risk • Jun 20
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 7.7% 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 Earnings have declined by 23% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Market cap is less than US$100m (RM184.6m market cap, or US$39.9m). Reported Earnings • Jun 02
First quarter 2023 earnings released: EPS: RM0.001 (vs RM0.004 loss in 1Q 2022) First quarter 2023 results: EPS: RM0.001 (up from RM0.004 loss in 1Q 2022). Revenue: RM18.1m (up 20% from 1Q 2022). Net income: RM290.4k (up RM2.57m from 1Q 2022). Profit margin: 1.6% (up from net loss in 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. Reported Earnings • Apr 22
Full year 2022 earnings released: RM0.007 loss per share (vs RM0.016 profit in FY 2021) Full year 2022 results: RM0.007 loss per share (down from RM0.016 profit in FY 2021). Revenue: RM75.5m (down 5.5% from FY 2021). Net loss: RM4.14m (down 142% from profit in FY 2021). Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Reported Earnings • Mar 02
Full year 2022 earnings released: RM0.68 loss per share (vs RM0.016 profit in FY 2021) Full year 2022 results: RM0.68 loss per share (down from RM0.016 profit in FY 2021). Revenue: RM78.2m (down 2.1% from FY 2021). Net loss: RM4.14m (down 142% from profit in FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 134 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 23
Third quarter 2022 earnings released: EPS: RM0.001 (vs RM0.003 in 3Q 2021) Third quarter 2022 results: EPS: RM0.001 (down from RM0.003 in 3Q 2021). Revenue: RM21.8m (up 7.3% from 3Q 2021). Net income: RM823.2k (down 47% from 3Q 2021). Profit margin: 3.8% (down from 7.6% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 17% per year whereas the company’s share price has fallen by 15% per year. Reported Earnings • Aug 23
Second quarter 2022 earnings released: RM0.005 loss per share (vs RM0.004 profit in 2Q 2021) Second quarter 2022 results: RM0.005 loss per share (down from RM0.004 profit in 2Q 2021). Revenue: RM19.9m (up 1.1% from 2Q 2021). Net loss: RM2.95m (down 211% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 5% per year. Announcement • Jul 20
IFCA MSC Berhad Appoints Puan Norliza Binti Rasool Khan as Independent and Non Executive Member of Audit Committee IFCA MSC Berhad appointed Puan Norliza Binti Rasool Khan as Independent and Non Executive Member of Audit Committee, date of change is July 19, 2022. Announcement • Jul 19
IFCA MSC Berhad Appoints Puan Norliza Binti Rasool Khan as Independent and Non-Executive Director IFCA MSC Berhad appointed Puan Norliza Binti Rasool Khan Designation Independent Director Directorate Independent and Non Executive, date of change is July 18, 2022. Norliza binti Rasool Khan ("Liza") is an Independent Non-Executive director of the public company Red One Holdings Berhad, a leading telecommunications MVNO in SEA where she sits in the risk management and audit committee. As a director of the non-profit NGO Voice of the Children Sdn Bhd, she contributes to campaigns and fund raising efforts for advocacy of child rights. A director of Suria Labs Development Sdn Bhd and its holding company Mimir Sdn Bhd, a leading app/mobile developer in Europe and Malaysia overseeing contract and risk issues. An Advocate & Solicitor of the High Court of Malaya with over 20 years experience and a certified arbitrator, she is the founder of Liza Khan Chambers practising in corporate and commercial advisory and dispute resolution. Having been seconded to the Securities Commission, she is well versed with the workings of the Corporate Governance and Capital Markets, personal data, gaming laws and sustainability laws. She has extensive experience in advising and acting for creditors and liquidators in relation to restructuring and insolvency of companies as well as for the Securities Commission in securities litigation. Liza is also well versed in Islamic Finance having obtained an Executive Certificate in Islamic Finance granted by INCEIF. Upcoming Dividend • Jun 13
Upcoming dividend of RM0.01 per share Eligible shareholders must have bought the stock before 20 June 2022. Payment date: 05 July 2022. Payout ratio is on the higher end at 83%, however this is supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Malaysian dividend payers (4.7%). Higher than average of industry peers (2.7%). Reported Earnings • May 29
First quarter 2022 earnings released: RM0.004 loss per share (vs RM0 in 1Q 2021) First quarter 2022 results: RM0.004 loss per share (down from RM0 in 1Q 2021). Revenue: RM15.6m (down 2.7% from 1Q 2021). Net loss: RM2.28m (down RM2.50m from profit in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 8% per year. Reported Earnings • Feb 27
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: RM0.016 (up from RM0.014 in FY 2020). Revenue: RM84.9m (up 4.8% from FY 2020). Net income: RM9.82m (up 17% from FY 2020). Profit margin: 12% (up from 10% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.5%. Over the last 3 years on average, earnings per share has fallen by 5% per year and the company’s share price has also fallen by 5% per year. Reported Earnings • Nov 28
Third quarter 2021 earnings: EPS in line with analyst expectations despite revenue beat Third quarter 2021 results: EPS: RM0.003 (down from RM0.006 in 3Q 2020). Revenue: RM21.6m (down 2.0% from 3Q 2020). Net income: RM1.55m (down 61% from 3Q 2020). Profit margin: 7.2% (down from 18% in 3Q 2020). The decrease in margin was primarily driven by higher expenses. Revenue exceeded analyst estimates by 4.5%. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Executive Departure • Sep 09
Independent Non-Executive Director Boon Ang has left the company On the 1st of September, Boon Ang's tenure as Independent Non-Executive Director ended after 2.2 years in the role. We don't have any record of a personal shareholding under Boon's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 2.96 years. Reported Earnings • Aug 26
Second quarter 2021 earnings released: EPS RM0.004 (vs RM0.006 in 2Q 2020) The company reported a poor second quarter result with weaker earnings and profit margins, although revenues were flat. Second quarter 2021 results: Revenue: RM20.6m (flat on 2Q 2020). Net income: RM2.67m (down 27% from 2Q 2020). Profit margin: 13% (down from 18% in 2Q 2020). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Announcement • May 20
IFCA MSC Berhad Announces Change of First and Final Dividend to Interim Dividend IFCA MSC Berhad announced the calling off of the company's upcoming 23rd annual general meeting which is supposed to be held physically on May 28, 2021 in compliance with the movement control order 3.0 imposed by the Government on May 12, 2021. A subsequent notice will be sent to notify all the shareholders of the convening of a fresh annual general meeting.to be held in June 2021. As a result of the calling off of the 23rd annual general meeting, the board of directors also announced that the company will change the first and final dividend to an interim dividend and will maintain the payment to all the shareholders of the dividend of 0.5 sen per share as announced on April 28, 2021 with no change to the book closure/entitlement and payment dates. Reported Earnings • Mar 25
Full year 2020 earnings released The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: RM87.4m (up 2.1% from FY 2019). Net income: RM8.32m (up 40% from FY 2019). Profit margin: 9.5% (up from 7.0% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Executive Departure • Mar 05
Independent Non-Executive Director has left the company On the 1st of March, Bee Ooi's tenure as Independent Non-Executive Director ended after 2.9 years in the role. As of December 2020, Bee personally held 4.40m shares (RM1.7m worth at the time). Bee is the only executive to leave the company over the last 12 months. Announcement • Dec 06
IFCA MSC Berhad Enters into a Strategic Partnership Agreement with Huawei Technologies (Malaysia) Sdn Bhd IFCA MSC Berhad announced that the Company entered into a strategic partnership agreement with Huawei Technologies (Malaysia) Sdn Bhd to collaborate in the areas of Market Strategy, knowledge sharing and jointly develop software solutions for property technology ("PropTech") industry. The joint developed solutions shall be embedded with Huawei's smart and innovative technologies including but not limited to Cloud Computing, Artificial Intelligence (AI), Big Data, Internet of Things (iOT), Machine to Machine (M2M), facial and/or voice recognition. The Parties will jointly explore, design and execute cloud-based connectivity solutions for commercial deployment in digital transformation within IFCA's line of business. The Parties will set up a joint team to develop and operate a PropTech portal as well as software solutions for HUAWEI e-service hub with the adoption of Huawei Cloud and AI technology. During the validity of this Agreement, HUAWEI will share the current market insights on cloud technologies with the Company, specifically in the areas of Artificial Intelligence (AI), Smart Campus, IoT, Digital Transformation, Machine to Machine (M2M) and facial and/or voice recognition technology. Reported Earnings • Nov 21
Third quarter 2020 earnings released: EPS RM0.007 The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: RM23.4m (down 5.0% from 3Q 2019). Net income: RM3.94m (up 119% from 3Q 2019). Profit margin: 17% (up from 7.3% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Oct 30
New 90-day low: RM0.34 The company is down 4.0% from its price of RM0.35 on 30 July 2020. The Malaysian market is also down 4.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Software industry, which is down 8.0% over the same period.