Announcement • Jan 29
Lambo Group Berhad, Annual General Meeting, Mar 10, 2026 Lambo Group Berhad, Annual General Meeting, Mar 10, 2026, at 14:30 Singapore Standard Time. Location: lot 4.1, 4th floor, menara lien hoe, no. 8 persiaran tropicana, tropicana golf & country resort, selangor, 47410 petaling jaya, Malaysia Reported Earnings • Jun 04
Second quarter 2024 earnings released: RM0.003 loss per share (vs RM0.002 profit in 2Q 2023) Second quarter 2024 results: RM0.003 loss per share (down from RM0.002 profit in 2Q 2023). Revenue: RM4.96m (up 3.3% from 2Q 2023). Net loss: RM4.88m (down 269% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has fallen by 59% per year, which means it is significantly lagging earnings. New Risk • Mar 02
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -RM15m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. 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 (-RM15m free cash flow). Share price has been highly volatile over the past 3 months (34% average weekly change). Earnings have declined by 29% per year over the past 5 years. Market cap is less than US$10m (RM30.8m market cap, or US$6.49m). Minor Risk Revenue is less than US$5m (RM18m revenue, or US$3.8m). Reported Earnings • Feb 02
Full year 2023 earnings released: EPS: RM0.002 (vs RM0.047 loss in FY 2022) Full year 2023 results: EPS: RM0.002 (up from RM0.047 loss in FY 2022). Revenue: RM14.8m (up 19% from FY 2022). Net income: RM3.21m (up RM59.7m from FY 2022). Profit margin: 22% (up from net loss in FY 2022). The move to profitability was primarily driven by lower expenses. Announcement • Jan 31
Lambo Group Berhad, Annual General Meeting, Mar 11, 2024 Lambo Group Berhad, Annual General Meeting, Mar 11, 2024, at 10:00 Singapore Standard Time. Agenda: To receive the Audited Financial Statements for the financial year ended 30 September 2023 together with the Directors and Auditors Reports thereon; to approve the payment of directors' fees and other benefits payable of up to RM500,000 to the directors for the period commencing from 11 March 2024 until the conclusion of the next Annual General Meeting of the Company; to re-elect Mr Khor Chin Fei who retires pursuant to Clause 90 of the Company's Constitution; and to discuss other matters. Reported Earnings • Dec 01
Full year 2023 earnings released: EPS: RM0.002 (vs RM0.051 loss in FY 2022) Full year 2023 results: EPS: RM0.002 (up from RM0.051 loss in FY 2022). Revenue: RM14.8m (up 12% from FY 2022). Net income: RM3.47m (up RM63.7m from FY 2022). Profit margin: 24% (up from net loss in FY 2022). New Risk • Aug 03
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (29% average weekly change). Earnings have declined by 58% per year over the past 5 years. Market cap is less than US$10m (RM30.8m market cap, or US$6.76m). Minor Risks Latest financial reports are more than 6 months old (reported September 2022 fiscal period end). Revenue is less than US$5m (RM13m revenue, or US$2.9m). Announcement • Jun 02
Lambo Group Berhad Appoints Datuk Salmah Hayati Binti Ghazali as Independent and Non Executive Director Lambo Group Berhad appointed Datuk Salmah Hayati Binti Ghazali, 63, as Independent and Non Executive Director. Date of change 01 June 2023. Qualifications:- Diploma Diploma in Public Administration Institut Teknologi MARA. Degree Bachelor in Business Administration Universiti Teknologi MARA - Ohio University. Masters Master in Business Administration Universiti Teknologi MARA. Datuk Salmah Hayati binti Ghazali (Datuk Salmah) is a retired civil servant, over 40 years of working experience with Majlis Amanah Rakyat (MARA) a government agency and Universiti Kuala Lumpur (UniKL), a MARA wholly owned university. Her last position in MARA was Deputy Director General (Entrepreneurship) and at UniKL as Deputy President for Management Services.Currently, Datuk Salmah serves as advisor to two entities namely Malaysia Multimedia University, Entrepreneur Development Centre and Takex Sdn. Bhd. She was the former Board Member of UniKL Resources Sdn. Bhd., Pelaburan MARA Berhad, Kolej Polytech MARA Sdn. Bhd. and Asia Aerotechnic Sdn. Bhd. Board Change • Nov 16
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. 3 experienced directors. 2 highly experienced directors. Independent Chairman Abdullah Bin Abdul Rahman 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. Reported Earnings • Aug 01
Full year 2022 earnings released: RM0.009 loss per share (vs RM0.69 loss in FY 2021) Full year 2022 results: RM0.009 loss per share (up from RM0.69 loss in FY 2021). Net loss: RM15.7m (loss narrowed 85% from FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 18 percentage points per year, which is a significant difference in performance. Reported Earnings • May 01
Third quarter 2022 earnings released: RM0.002 loss per share (vs RM0.47 loss in 3Q 2021) Third quarter 2022 results: RM0.002 loss per share (up from RM0.47 loss in 3Q 2021). Net loss: RM3.71m (loss narrowed 95% from 3Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 28 percentage points per year, which is a significant difference in performance. Board Change • Apr 27
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. 1 highly experienced director. Independent Chairman Abdullah Bin Abdul Rahman 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 • Apr 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. 4 experienced directors. 1 highly experienced director. Independent Chairman Abdullah Bin Abdul Rahman 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. Reported Earnings • Jan 30
Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations Second quarter 2022 results: RM0.006 loss per share (up from RM0.47 loss in 2Q 2021). Net loss: RM12.0m (loss narrowed 83% from 2Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 30 percentage points per year, which is a significant difference in performance. Reported Earnings • Oct 04
Full year 2021 earnings released: RM0.69 loss per share (vs RM0.052 profit in FY 2020) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: RM24.8m (down 46% from FY 2020). Net loss: RM105.2m (down RM109.6m 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 49 percentage points per year, which is a significant difference in performance. Reported Earnings • Jul 31
Full year 2021 earnings released: RM0.65 loss per share (vs RM0.052 profit in FY 2020) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: RM24.8m (down 46% from FY 2020). Net loss: RM98.8m (down RM103.2m 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 60 percentage points per year, which is a significant difference in performance. Announcement • Mar 14
Cheetah Holdings Berhad, XOX Berhad and Lambo Group Berhad Enters into Tripartite Collaboration to Mirror the Success by Targeting an Immediate Launch of New Look, Full Suite and Automated Cheetah Online Store In an initiative led by XOX Bhd, driven by the initial success of its BLACK Market marketplace where revenue scaling triple digit growth month on month since its launch in December 2020, these three companies, namely, Cheetah Holdings Berhad, XOX and Lambo Group Berhad entered into a tripartite collaboration to mirror the success by targeting an immediate launch of a new look, full suite and automated Cheetah Online Store, slated to be launched by next quarter. Cheetah, with over 1,000 stock-keeping units spanning across 4 major brand silos and 5 sub brands is moving to emulate other apparel brands to begin grabbing the online apparel market share, which is expected to hit over RM4.5 billion in 2021. Statistic expects the user penetration to exceed 30% by 2021. Online shopping for clothes have become increasingly popular as shopping malls and standalone outlets succumb to lower foot traffic and COVID-19 pandemic scares. The consortium is targeting an immediate rollout, with this collaboration by early second quarter of 2021. Cheetah aims to remodel and revamp its brands to be more receptive of the current trends, focusing on online business and the dynamic youth market, increasing its revenue per customer by bundling and brand re-imagination. XOX lends its 2 million strong customer base, extensive dealer network exceeding 20,000 dealers nationwide and also its E-wallet to provide consumers with bundled discounts, transaction benefits and a ready captive audience. Lambo, will lend its machine learning model, last mile delivery and explore collectively a bulk breaking, inventory management and e-fulfillment silo operation to cater for what would be an anchor client. This project will see each company pool its resources, talents, technology know how and industry expertise to give rise to a collective model with independent revenue streams to counter moves already made by Uniqlo, Zara and Zalora. The flow on effect will see Cheetah have immediate access to an excess of 2 million online customers being exposed to the latest design and trends. The revamped and new look platform is expected to be launched by April 2021. Reported Earnings • Oct 04
Full year earnings released - EPS RM0.0021 Over the last 12 months the company has reported total profits of RM4.36m, down 74% from the prior year. Total revenue was RM45.7m over the last 12 months, down 55% from the prior year. Profit margins were 9.5%, which is lower than the 16% margin from last year. The decrease in margin was driven by lower revenue.