Board Change • Jul 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. 3 experienced directors. 2 highly experienced directors. Independent & Non Executive Chairman Ahmad Bin Mohd was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • May 07
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: RM37.5m (US$9.60m) This is considered a major 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 Risks Share price has been highly volatile over the past 3 months (21% average weekly change). Earnings have declined by 2.6% per year over the past 5 years. Market cap is less than US$10m (RM37.5m market cap, or US$9.60m). Minor Risk Revenue is less than US$5m (RM10m revenue, or US$2.6m). Reported Earnings • May 05
First quarter 2026 earnings released: RM0.007 loss per share (vs RM0.001 loss in 1Q 2025) First quarter 2026 results: RM0.007 loss per share (further deteriorated from RM0.001 loss in 1Q 2025). Revenue: RM3.26m (up 74% from 1Q 2025). Net loss: RM6.67m (loss widened 416% from 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Announcement • Mar 30
NetX Holdings Berhad, Annual General Meeting, May 19, 2026 NetX Holdings Berhad, Annual General Meeting, May 19, 2026, at 10:00 Singapore Standard Time. Location: lot 4.1, level 4, menara lien hoe, no. 8, persiaran tropicana, tropicana golf & country resort, selangor darul ehsan, 47410 petaling jaya Malaysia New Risk • Mar 08
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: RM37.5m (US$9.49m) This is considered a major 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 Risks Share price has been highly volatile over the past 3 months (30% average weekly change). Earnings have declined by 3.3% per year over the past 5 years. Market cap is less than US$10m (RM37.5m market cap, or US$9.49m). Minor Risk Revenue is less than US$5m (RM8.9m revenue, or US$2.3m). Reported Earnings • Jan 31
Full year 2025 earnings released: RM0.016 loss per share (vs RM0.03 loss in FY 2024) Full year 2025 results: RM0.016 loss per share (improved from RM0.03 loss in FY 2024). Revenue: RM8.90m (down 28% from FY 2024). Net loss: RM15.5m (loss narrowed 45% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 11% per year whereas the company’s share price has fallen by 12% per year. Buy Or Sell Opportunity • Jan 02
Now 26% undervalued The stock has been flat over the last 90 days, currently trading at RM0.055. The fair value is estimated to be RM0.074, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.4% over the last 3 years. Earnings per share has declined by 17%. New Risk • Dec 01
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: RM37.5m (US$9.10m) This is considered a major 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 Risks Share price has been highly volatile over the past 3 months (30% average weekly change). Earnings have declined by 5.0% per year over the past 5 years. Market cap is less than US$10m (RM37.5m market cap, or US$9.10m). Minor Risk Revenue is less than US$5m (RM12m revenue, or US$2.8m). Reported Earnings • Nov 02
Third quarter 2025 earnings released: RM0.001 loss per share (vs RM0.018 loss in 3Q 2024) Third quarter 2025 results: RM0.001 loss per share (improved from RM0.018 loss in 3Q 2024). Revenue: RM2.17m (down 37% from 3Q 2024). Net loss: RM1.10m (loss narrowed 93% from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 17% 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 • Jul 19
Second quarter 2025 earnings released: RM0.009 loss per share (vs RM0.004 loss in 2Q 2024) Second quarter 2025 results: RM0.009 loss per share (further deteriorated from RM0.004 loss in 2Q 2024). Revenue: RM2.89m (down 12% from 2Q 2024). Net loss: RM8.67m (loss widened 111% from 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. New Risk • Jun 06
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: RM42.2m (US$9.98m) This is considered a major 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 Risks Share price has been highly volatile over the past 3 months (19% average weekly change). Earnings have declined by 4.3% per year over the past 5 years. Market cap is less than US$10m (RM42.2m market cap, or US$9.98m). Minor Risk Revenue is less than US$5m (RM11m revenue, or US$2.7m). Reported Earnings • May 02
First quarter 2025 earnings released: RM0.001 loss per share (vs RM0.003 loss in 1Q 2024) First quarter 2025 results: RM0.001 loss per share (improved from RM0.003 loss in 1Q 2024). Revenue: RM1.88m (down 45% from 1Q 2024). Net loss: RM1.29m (loss narrowed 56% from 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 21% 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 02
Full year 2024 earnings released: RM0.03 loss per share (vs RM0.016 loss in FY 2023) Full year 2024 results: RM0.03 loss per share (further deteriorated from RM0.016 loss in FY 2023). Revenue: RM12.3m (down 27% from FY 2023). Net loss: RM28.0m (loss widened 107% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 13% per year. Announcement • Mar 26
NetX Holdings Berhad, Annual General Meeting, Apr 25, 2025 NetX Holdings Berhad, Annual General Meeting, Apr 25, 2025, at 10:00 Singapore Standard Time. Location: lot 4.1, level 4, menara lien hoe, no. 8, persiaran tropicana, tropicana golf & country resort, selangor darul ehsan, 47410 petaling jaya, Malaysia New Risk • Jan 29
New major risk - Revenue and earnings growth Earnings have declined by 0.2% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 0.2% per year over the past 5 years. Minor Risks Revenue is less than US$5m (RM15m revenue, or US$3.4m). Market cap is less than US$100m (RM65.7m market cap, or US$14.9m). Reported Earnings • Jan 29
Full year 2024 earnings released: RM0.03 loss per share (vs RM0.016 loss in FY 2023) Full year 2024 results: RM0.03 loss per share (further deteriorated from RM0.016 loss in FY 2023). Revenue: RM15.1m (down 10% from FY 2023). Net loss: RM28.3m (loss widened 110% from FY 2023). 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 18% per year. Reported Earnings • Nov 01
Third quarter 2024 earnings released: RM0.018 loss per share (vs RM0 in 3Q 2023) Third quarter 2024 results: RM0.018 loss per share (further deteriorated from RM0 in 3Q 2023). Revenue: RM3.43m (down 23% from 3Q 2023). Net loss: RM16.7m (down RM17.1m from profit in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. New Risk • Sep 18
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 Risks Revenue is less than US$5m (RM17m revenue, or US$4.1m). Market cap is less than US$100m (RM112.6m market cap, or US$26.5m). Reported Earnings • Aug 01
Second quarter 2024 earnings released: RM0.004 loss per share (vs RM0.001 loss in 2Q 2023) Second quarter 2024 results: RM0.004 loss per share (further deteriorated from RM0.001 loss in 2Q 2023). Revenue: RM3.28m (down 16% from 2Q 2023). Net loss: RM4.11m (loss widened RM3.47m from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 02
First quarter 2024 earnings released: RM0.003 loss per share (vs RM0.004 loss in 1Q 2023) First quarter 2024 results: RM0.003 loss per share (improved from RM0.004 loss in 1Q 2023). Revenue: RM3.41m (up 52% from 1Q 2023). Net loss: RM2.96m (loss narrowed 21% from 1Q 2023). 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 3% per year, which means it is significantly lagging earnings growth. Announcement • Mar 28
NetX Holdings Berhad, Annual General Meeting, Apr 29, 2024 NetX Holdings Berhad, Annual General Meeting, Apr 29, 2024, at 10:00 Singapore Standard Time. Location: Lot 4.1, 4th Floor, Menara Lien Hoe,No. 8 Persiaran Tropicana, Tropicana Golf & Country Resort 47410 Petaling Jaya, Selangor Selangor Malaysia Agenda: To receive the Audited Financial Statements for the financial year ended 30 November 2023 together with the Directors' and Auditors' Reports thereon; to approve the payment of directors' fees and benefits of up to RM500,000 to the non-executive directors for their services from 29 April 2024 until the next annual general meeting of the Company; to re-elect the Mr. Yong Ket Inn who retires pursuant to Clause 115 of the Company's Constitution; to re-elect Dato' Sri Wan Ahmad Najmuddin Bin Mohd who retires pursuant to Clause 125 of the Company's Constitution; to re-appoint Messrs SBY Partners PLT as External Auditors of the Company and to authorize the Directors to fix their remuneration; and to consider other matters if any. Reported Earnings • Feb 01
Full year 2023 earnings released: RM0.016 loss per share (vs RM0.019 loss in FY 2022) Full year 2023 results: RM0.016 loss per share (improved from RM0.019 loss in FY 2022). Revenue: RM16.8m (up 23% from FY 2022). Net loss: RM13.5m (loss narrowed 14% from FY 2022). Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 02
Third quarter 2023 earnings released: EPS: RM0 (vs RM0.003 loss in 3Q 2022) Third quarter 2023 results: EPS: RM0 (improved from RM0.003 loss in 3Q 2022). Revenue: RM4.45m (down 47% from 3Q 2022). Net income: RM345.0k (up RM3.06m from 3Q 2022). Profit margin: 7.8% (up from net loss in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 01
Second quarter 2023 earnings released: RM0.001 loss per share (vs RM0 in 2Q 2022) Second quarter 2023 results: RM0.001 loss per share (further deteriorated from RM0 in 2Q 2022). Revenue: RM3.91m (up 18% from 2Q 2022). Net loss: RM640.0k (loss widened 250% from 2Q 2022). 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 44% per year, which means it is significantly lagging earnings. Announcement • Jun 20
Netx Holdings Berhad Announces Appointment of Dato Sri Wan Ahmad Najmuddin Bin Mohd as Independent and Non Executive Chairman Netx Holdings Berhad announced appointment of Dato Sri Wan Ahmad Najmuddin Bin Mohd as Independent and Non Executive Chairman. Date of change: 19 June 2023. Age: 65, Professional Qualification: Advocate and Solicitor High Court of Malaya High Court of Malaya. Masters: Master of Social Science (Police Studies) University Kebangsaan Malaysia. Degree: Bachelor of Law LLB (Hons) University Islam Antarabangsa. Working experience and occupation: Dato Sri Wan Ahmad Najmuddin Bin Mohd has served in the police force for more than 40 years and in March 2019, he retired as the Director of Criminal Investigation Department (CID) at the Royal Malaysia Police (PDRM). Prior to this, he was the Chief of Police for the state of Johor. He has also the privilege to serve as the Special Officer to the Minister of Home Affairs and Aide De Camp (ADC) to his Royal Highness Yang Di-Pertuan Agong. He holds a Degree in Law from International Islamic University Malaysia (IIUM) followed by a Master of Science (Police Studies) from University Kebangsaan Malaysia (UKM). He is currently the Managing Partner at Messrs. Wan & Ting and serves as an Advocates and Solicitors of High Court of Malaya. New Risk • Jun 08
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: Major Risks Share price has been highly volatile over the past 3 months (30% average weekly change). Earnings have declined by 7.1% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (10.0% increase in shares outstanding). Revenue is less than US$5m (RM14m revenue, or US$3.1m). Market cap is less than US$100m (RM64.4m market cap, or US$13.9m). Reported Earnings • Apr 30
First quarter 2023 earnings released: RM0.004 loss per share (vs RM0.004 loss in 1Q 2022) First quarter 2023 results: RM0.004 loss per share (in line with 1Q 2022). Revenue: RM2.24m (down 22% from 1Q 2022). Net loss: RM3.76m (loss widened 18% from 1Q 2022). Reported Earnings • Feb 01
Full year 2022 earnings released: RM0.019 loss per share (vs RM0.025 loss in FY 2021) Full year 2022 results: RM0.019 loss per share (improved from RM0.025 loss in FY 2021). Revenue: RM13.6m (up 16% from FY 2021). Net loss: RM16.1m (loss narrowed 23% from FY 2021). Over the last 3 years on average, earnings per share has increased by 117% per year but the company’s share price has fallen by 51% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 02
Third quarter 2022 earnings released: RM0.003 loss per share (vs RM0.002 loss in 3Q 2021) Third quarter 2022 results: RM0.003 loss per share (further deteriorated from RM0.002 loss in 3Q 2021). Revenue: RM8.33m (up RM7.55m from 3Q 2021). Net loss: RM2.71m (loss widened 53% from 3Q 2021). Over the last 3 years on average, earnings per share has increased by 126% per year but the company’s share price has fallen by 52% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 03
Second quarter 2022 earnings released: EPS: RM0 (vs RM0 in 2Q 2021) Second quarter 2022 results: EPS: RM0 (vs RM0 in 2Q 2021). Net loss: RM183.0k (down 176% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has fallen by 45% per year, which means it is significantly lagging earnings. Reported Earnings • May 01
First quarter 2022 earnings released: RM0.004 loss per share (vs RM0.012 loss in 1Q 2021) First quarter 2022 results: RM0.004 loss per share (up from RM0.012 loss in 1Q 2021). Net loss: RM3.18m (loss narrowed 70% from 1Q 2021). Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has fallen by 37% per year, which means it is significantly lagging earnings. Board Change • Mar 29
High number of new directors Independent Non Executive Director Siew Ong was the last director to join the board, commencing their role in 2022. Reported Earnings • Feb 02
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: RM0.025 loss per share (up from RM0.086 loss in FY 2020). Revenue: RM81.1m (up 444% from FY 2020). Net loss: RM20.9m (loss widened 32% from FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has fallen by 37% per year, which means it is significantly lagging earnings. Announcement • Dec 09
Fintec Global Limited acquired 11.1% stake in NetX Holdings Berhad (KLSE:NETX) for MYR 12.9 million. Fintec Global Limited acquired 11.1% stake in NetX Holdings Berhad (KLSE:NETX) for MYR 12.9 million on December 7, 2021. Fintec Global Limited acquired 92.8 million shares.
Fintec Global Limited completed the acquisition of 11.1% stake in NetX Holdings Berhad (KLSE:NETX) on December 7, 2021. Reported Earnings • Nov 01
Third quarter 2021 earnings released: RM0.002 loss per share (vs RM0.072 loss in 3Q 2020) The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: RM27.8m (up RM24.4m from 3Q 2020). Net loss: RM1.77m (loss narrowed 87% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 36% per year, which means it is significantly lagging earnings. Reported Earnings • Jun 02
First quarter 2021 earnings released: RM0.012 loss per share (vs RM0.053 loss in 1Q 2020) The company reported a solid first quarter result with improved revenues and control over costs, although losses increased. First quarter 2021 results: Revenue: RM3.77m (up RM3.74m from 1Q 2020). Net loss: RM10.4m (loss widened 47% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 47% per year, which means it is significantly lagging earnings. Reported Earnings • Jan 30
Full year 2020 earnings released: RM0.003 loss per share (vs RM0.24 loss in FY 2019) The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: RM14.9m (up 111% from FY 2019). Net loss: RM15.8m (loss narrowed 27% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has fallen by 52% per year, which means it is performing significantly worse than earnings. Announcement • Nov 03
NetX Holdings Berhad Announces Re-Designation of Yong Ket Inn as Non-Independent Director from Independent Director NetX Holdings Berhad announced re-designation of Mr. Yong Ket Inn as non-independent director from independent director, effective November 2, 2020. Announcement • Jun 17
NetX Holdings Berhad has completed a Follow-on Equity Offering in the amount of MYR 4.690888 million. NetX Holdings Berhad has completed a Follow-on Equity Offering in the amount of MYR 4.690888 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 459,891,000
Price\Range: MYR 0.0102
Transaction Features: Subsequent Direct Listing