MMAG Holdings Berhad Past Earnings Performance

Past criteria checks 0/6

MMAG Holdings Berhad's earnings have been declining at an average annual rate of -20.3%, while the IT industry saw earnings growing at 25.6% annually. Revenues have been growing at an average rate of 29.8% per year.

Key information

-20.3%

Earnings growth rate

14.0%

EPS growth rate

IT Industry Growth	25.8%
Revenue growth rate	29.8%
Return on equity	-44.5%
Net Margin	-11.1%
Last Earnings Update	31 Dec 2023

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown
Beta

How MMAG Holdings Berhad makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

KLSE:MMAG Revenue, expenses and earnings (MYR Millions)
Date	Revenue	Earnings	G+A Expenses
31 Dec 23	456	-51	57
30 Sep 23	463	-62	57
30 Jun 23	433	-67	57
31 Mar 23	422	-74	57
31 Dec 22	389	-17	44
30 Sep 22	344	-17	44
30 Jun 22	387	-23	44
31 Mar 22	386	-23	44
31 Dec 21	366	-42	32
30 Sep 21	349	-39	32
30 Jun 21	278	-25	32
31 Mar 21	223	-23	32
31 Dec 20	218	-18	21
30 Sep 20	211	-16	21
30 Jun 20	193	-26	21
31 Mar 20	183	-28	21
31 Dec 19	177	-27	16
30 Sep 19	134	-27	16
30 Jun 19	101	-24	16
31 Mar 19	75	-22	16
31 Dec 18	58	-23	22
30 Sep 18	72	-21	22
30 Jun 18	101	-20	22
31 Mar 18	141	-18	22
31 Dec 17	167	-21	22
30 Sep 17	202	-19	22
30 Jun 17	233	-20	22
31 Mar 17	248	-21	22
31 Dec 16	260	-16	22
30 Sep 16	262	-17	22
30 Jun 16	248	-19	22
31 Mar 16	234	-19	22
31 Dec 15	293	-23	20
30 Sep 15	324	-18	20
30 Jun 15	362	-25	22
31 Mar 15	407	-25	22
31 Dec 14	418	-12	24
30 Sep 14	483	-5	26
30 Jun 14	556	2	23
31 Mar 14	613	2	25
31 Dec 13	620	1	22
30 Sep 13	600	-3	20
30 Jun 13	574	0	20

Quality Earnings: MMAG is currently unprofitable.

Growing Profit Margin: MMAG is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: MMAG is unprofitable, and losses have increased over the past 5 years at a rate of 20.3% per year.

Accelerating Growth: Unable to compare MMAG's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: MMAG is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (18.7%).

Return on Equity

High ROE: MMAG has a negative Return on Equity (-44.53%), as it is currently unprofitable.

MMAG Holdings Berhad Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

Third quarter 2024 earnings released: EPS: RM0 (vs RM0.05 loss in 3Q 2023)

Second quarter 2024 earnings released: EPS: RM0.01 (vs RM0.014 loss in 2Q 2023)

Full year 2023 earnings released: RM0.038 loss per share (vs RM0.018 loss in FY 2022)

Full year 2023 earnings released: RM0.036 loss per share (vs RM0.018 loss in FY 2022)

Third quarter 2023 earnings released: RM0.005 loss per share (vs RM0.01 loss in 3Q 2022)

Second quarter 2023 earnings released: RM0.001 loss per share (vs RM0.008 loss in 2Q 2022)

Recent updates

Third quarter 2024 earnings released: EPS: RM0 (vs RM0.05 loss in 3Q 2023)

Not Many Are Piling Into MMAG Holdings Berhad (KLSE:MMAG) Just Yet

High number of new directors

MMAG Holdings Bhd Appoints Woo Kam Weng as Chairman of Mmag Aviation Consortium Sdn Bhd

New major risk - Shareholder dilution

Mmag Holdings Berhad Announces Appointment of Mr. Chin Boon Long as Executive Director

New major risk - Financial position

Second quarter 2024 earnings released: EPS: RM0.01 (vs RM0.014 loss in 2Q 2023)

MMAG Holdings Berhad (KLSE:MMAG) entered into a Shares Sale Agreement to acquire additional 5.34% stake in Line Clear Express and Logistics Sdn Bhd from CSH Alliance Berhad (KLSE:CSH) for MYR 8.25 million.

MMAG Holdings Berhad (KLSE:MMAG) entered into a Shares Sale Agreement to acquire additional 5.34% stake in Line Clear Express and Logistics Sdn Bhd from CSH Alliance Berhad (KLSE:CSH) for MYR 8.25 million.

Is MMAG Holdings Berhad (KLSE:MMAG) Using Debt In A Risky Way?

Full year 2023 earnings released: RM0.038 loss per share (vs RM0.018 loss in FY 2022)

MMAG Holdings Berhad, Annual General Meeting, Aug 28, 2023

MMAG Holdings Berhad Announces Resignation of Ym Tengku Farith Rithauddeen as Independent and Non Executive Member of Remuneration Committee

Full year 2023 earnings released: RM0.036 loss per share (vs RM0.018 loss in FY 2022)

Now 33% undervalued after recent price drop

Does MMAG Holdings Berhad (KLSE:MMAG) Have A Healthy Balance Sheet?

Now 33% undervalued after recent price drop

Now 33% undervalued after recent price drop

Now 33% undervalued after recent price drop

Third quarter 2023 earnings released: RM0.005 loss per share (vs RM0.01 loss in 3Q 2022)

Is MMAG Holdings Berhad (KLSE:MMAG) Using Too Much Debt?

Second quarter 2023 earnings released: RM0.001 loss per share (vs RM0.008 loss in 2Q 2022)

High number of new directors

Full year 2022 earnings released: RM0.018 loss per share (vs RM0.023 loss in FY 2021)

MMAG Holdings Berhad, Annual General Meeting, Aug 30, 2022

Is MMAG Holdings Berhad (KLSE:MMAG) Using Debt In A Risky Way?

Full year 2022 earnings released: RM0.017 loss per share (vs RM0.023 loss in FY 2021)

JT Aerotech Solutions Sdn. Bhd. Issues Summons Against MMAG Holdings Berhad and MJets International Sdn. Bhd

High number of new directors

Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations

MMAG Holdings Berhad Announces Appointment of Mohd Khairul Adib Bin Abd Rahman as Chairman

Independent Non-Executive Chairman Mohammad Bin Maryani has left the company

Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations

MMAG Holdings Berhad has completed a Follow-on Equity Offering in the amount of MYR 15.585756 million.

Full year 2021 earnings released: RM0.023 loss per share (vs RM0.04 loss in FY 2020)

Full year 2021 earnings released: RM0.023 loss per share (vs RM0.04 loss in FY 2020)

Dynaciate Group Berhad (KLSE:DYNACIA) entered into an agreement to acquire Mgudang Sdn. Bhd from MMag Holdings Berhad (KLSE:MMAG) for MYR 17.8 million.

Non-Independent Non-Executive Chairman - Rathakrishnan has left the company

Mmag Holdings Berhad Resigns Dato' Rathakrishnan A/L Vellaisamy as Non Independent and Non Executive Chairman

Mmag Holdings Berhad Announces the Redesignation of Hwang Siew Chien from Independent and Non Executive Chairman of Nomination Committee to Independent and Non Executive Member of Nomination Committee

Mmag Holdings Berhad Announces the Appointment of Tengku Farith Rithauddeen as an Independent and Non Executive Member of Remuneration Committee

What Is The Ownership Structure Like For MMag Holdings Berhad (KLSE:MMAG)?

Third quarter 2021 earnings released: RM0.008 loss per share (vs RM0.01 loss in 3Q 2020)

Mmag Holdings Berhad Announces Resignation of Dato' Johari Bin Yahya as Independent and Non Executive Director

Line Clear Enters into League Agreement with SF Express

Second quarter 2021 earnings released: EPS RM0.006

Health Check: How Prudently Does MMag Holdings Berhad (KLSE:MMAG) Use Debt?

MMag Holdings Berhad Appoints Kenny Khow Chuan Wah as Executive Director

New 90-day low: RM0.35

MMag Holdings Berhad (KLSE:MMAG) signed heads of agreement to acquire 80.5% stake in Bestinet Technology Sdn Bhd from Joint Resources Holding Sdn Bhd.

MMag Holdings Berhad (KLSE:MMAG) entered into a shares sale agreement to acquire MAASDOTS SDN BHD from BrilliantID Sdn Bhd for MYR 0.10 million.

New 90-day high - RM0.47

First quarter earnings released

Hong Seng Assembly Sdn. Bhd. entered into a Shares Sale Agreement to acquire 29.9% stake in MSCM Holdings Berhad (KLSE:MYSCM) from MMag Holdings Berhad (KLSE:MMAG) for MYR 18.1 million.

New 90-day high - RM0.41

Revenue & Expenses BreakdownBeta

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Revenue & Expenses Breakdown
Beta