Reported Earnings • Apr 28
Full year 2025 earnings released: EPS: RM0.004 (vs RM0.009 in FY 2024) Full year 2025 results: EPS: RM0.004 (down from RM0.009 in FY 2024). Revenue: RM49.9m (down 22% from FY 2024). Net income: RM2.08m (down 59% from FY 2024). Profit margin: 4.2% (down from 7.9% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Announcement • Apr 21
Securemetric Berhad, Annual General Meeting, May 21, 2026 Securemetric Berhad, Annual General Meeting, May 21, 2026, at 14:30 Singapore Standard Time. Location: auditorium @ resource centre (mranti), taman teknologi mranti, lebuhraya puchong - sg. besi, 57000 bukit jalil, kuala lumpur, Malaysia New Risk • Feb 25
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 4.2% Last year net profit margin: 7.9% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Profit margins are more than 30% lower than last year (4.2% net profit margin). Market cap is less than US$100m (RM92.3m market cap, or US$23.7m). Reported Earnings • Nov 26
Third quarter 2025 earnings released: EPS: RM0.003 (vs RM0.004 in 3Q 2024) Third quarter 2025 results: EPS: RM0.003 (down from RM0.004 in 3Q 2024). Revenue: RM14.2m (down 4.3% from 3Q 2024). Net income: RM1.95m (down 25% from 3Q 2024). Profit margin: 14% (down from 18% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 112% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 29
Second quarter 2025 earnings released: EPS: RM0.001 (vs RM0 in 2Q 2024) Second quarter 2025 results: EPS: RM0.001 (up from RM0 in 2Q 2024). Revenue: RM10.0m (down 12% from 2Q 2024). Net income: RM465.0k (up 129% from 2Q 2024). Profit margin: 4.6% (up from 1.8% in 2Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 119% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. New Risk • Jul 16
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 7.6% 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 Share price has been volatile over the past 3 months (7.6% average weekly change). Market cap is less than US$100m (RM86.6m market cap, or US$20.4m). Reported Earnings • May 31
First quarter 2025 earnings released: EPS: RM0.001 (vs RM0 in 1Q 2024) First quarter 2025 results: EPS: RM0.001 (up from RM0 in 1Q 2024). Revenue: RM14.7m (down 8.7% from 1Q 2024). Net income: RM559.0k (up 133% from 1Q 2024). Profit margin: 3.8% (up from 1.5% in 1Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 115% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Announcement • May 30
Securemetric Berhad, Annual General Meeting, May 29, 2025 Securemetric Berhad, Annual General Meeting, May 29, 2025, at 14:30 Singapore Standard Time. Location: auditorium @ resource centre (mranti), taman teknologi mranti, lebuhraya puchong - sg. besi, 57000 bukit jalil, kuala lumpur, Malaysia Reported Earnings • Mar 01
Full year 2024 earnings released: EPS: RM0.009 (vs RM0.002 loss in FY 2023) Full year 2024 results: EPS: RM0.009 (up from RM0.002 loss in FY 2023). Revenue: RM64.0m (up 54% from FY 2023). Net income: RM5.11m (up RM6.00m from FY 2023). Profit margin: 8.0% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 30
Third quarter 2024 earnings released: EPS: RM0.005 (vs RM0.003 in 3Q 2023) Third quarter 2024 results: EPS: RM0.005 (up from RM0.003 in 3Q 2023). Revenue: RM14.8m (up 31% from 3Q 2023). Net income: RM2.60m (up 45% from 3Q 2023). Profit margin: 18% (up from 16% 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 91% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. New Risk • Aug 29
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 29% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (29% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Profit margins are more than 30% lower than last year (0.08% net profit margin). Market cap is less than US$100m (RM118.3m market cap, or US$27.3m). Reported Earnings • Jun 04
First quarter 2024 earnings released: EPS: RM0 (vs RM0.002 loss in 1Q 2023) First quarter 2024 results: EPS: RM0 (improved from RM0.002 loss in 1Q 2023). Revenue: RM16.1m (up 128% from 1Q 2023). Net income: RM240.0k (up RM1.63m from 1Q 2023). Profit margin: 1.5% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Board Change • Jun 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. 5 experienced directors. No highly experienced directors. Independent Non-Executive Director Wan Peng Ng was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Mar 25
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 10.0% 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 9.9% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (10.0% average weekly change). Market cap is less than US$100m (RM121.2m market cap, or US$25.6m). Reported Earnings • Feb 27
Full year 2023 earnings released: RM0.001 loss per share (vs RM0.003 loss in FY 2022) Full year 2023 results: RM0.001 loss per share (improved from RM0.003 loss in FY 2022). Revenue: RM41.4m (up 39% from FY 2022). Net loss: RM823.0k (loss narrowed 52% from FY 2022). Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 29
Third quarter 2023 earnings released: EPS: RM0.003 (vs RM0.001 in 3Q 2022) Third quarter 2023 results: EPS: RM0.003 (up from RM0.001 in 3Q 2022). Revenue: RM11.4m (up 28% from 3Q 2022). Net income: RM1.79m (up 164% from 3Q 2022). Profit margin: 16% (up from 7.7% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 26
Second quarter 2023 earnings released: EPS: RM0.002 (vs RM0.004 loss in 2Q 2022) Second quarter 2023 results: EPS: RM0.002 (up from RM0.004 loss in 2Q 2022). Revenue: RM8.35m (up 82% from 2Q 2022). Net income: RM896.0k (up RM3.11m from 2Q 2022). Profit margin: 11% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. New Risk • Jul 11
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 Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 38% per year over the past 5 years. Minor Risk Market cap is less than US$100m (RM75.0m market cap, or US$16.1m). Reported Earnings • May 30
First quarter 2023 earnings released First quarter 2023 results: Revenue: RM7.04m (down 4.2% from 1Q 2022). Net loss: RM1.39m (loss widened 304% from 1Q 2022). Reported Earnings • Mar 03
Full year 2022 earnings released: RM0.003 loss per share (vs RM0.003 loss in FY 2021) Full year 2022 results: RM0.003 loss per share (in line with FY 2021). Revenue: RM29.9m (up 13% from FY 2021). Net loss: RM1.71m (loss narrowed 7.5% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Reported Earnings • Dec 04
Third quarter 2022 earnings released: EPS: RM0.001 (vs RM0 in 3Q 2021) Third quarter 2022 results: EPS: RM0.001 (up from RM0 in 3Q 2021). Revenue: RM8.84m (up 22% from 3Q 2021). Net income: RM677.0k (up RM835.0k from 3Q 2021). Profit margin: 7.7% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has only fallen by 28% per year, which means it has not declined as severely as earnings. Announcement • Oct 13
Securemetric Berhad (KLSE:SMETRIC) completed the acquisition of 5% stake in ACE Digital Revolution Group Limited from Leong Wei Ping. Securemetric Berhad (KLSE:SMETRIC) agreed to acquire 5% stake in ACE Digital Revolution Group Limited from Leong Wei Ping for RMB 4 million on September 5, 2022. The Acquisition Price shall be RMB 4 million only, which shall be satisfied by Securemetric in the following manner, (i) an amount of RMB 0.8 million shall be set off against the Deposit in full on the Completion Date; and an amount of RMB 3.2 million shall be paid by Securemetric to Leong Wei Ping on the Unconditional Date. The Series A Preferred Shares acquired by Securemetric shall be automatically converted into ordinary shares at the conversion ratio of 1:1 upon the sale and transfer by Leong Wei Ping to Securemetric pursuant to the articles of association of ACE. The Acquisition Price of RMB 4,000,000 in cash will be fully funded using the Company’s internally generated funds. The Acquisition is not subject to the approval of the shareholders of the Company or any regulatory authorities. The Acquisition is expected to be completed by the end of year 2022.
Securemetric Berhad (KLSE:SMETRIC) completed the acquisition of 5% stake in ACE Digital Revolution Group Limited from Leong Wei Ping On October 12, 2022. Announcement • Sep 07
Securemetric Berhad (KLSE:SMETRIC) agreed to acquire 5% stake in ACE Digital Revolution Group Limited from Leong Wei Ping for RMB 4 million. Securemetric Berhad (KLSE:SMETRIC) agreed to acquire 5% stake in ACE Digital Revolution Group Limited from Leong Wei Ping for RMB 4 million on September 5, 2022. The Acquisition Price shall be RMB 4 million only, which shall be satisfied by Securemetric in the following manner, (i) an amount of RMB 0.8 million shall be set off against the Deposit in full on the Completion Date; and an amount of RMB 3.2 million shall be paid by Securemetric to Leong Wei Ping on the Unconditional Date. The Series A Preferred Shares acquired by Securemetric shall be automatically converted into ordinary shares at the conversion ratio of 1:1 upon the sale and transfer by Leong Wei Ping to Securemetric pursuant to the articles of association of ACE. The Acquisition Price of RMB 4,000,000 in cash will be fully funded using the Company’s internally generated funds. The Acquisition is not subject to the approval of the shareholders of the Company or any regulatory authorities. The Acquisition is expected to be completed by the end of year 2022. Reported Earnings • Aug 26
Second quarter 2022 earnings released: RM0.004 loss per share (vs RM0.002 loss in 2Q 2021) Second quarter 2022 results: RM0.004 loss per share (down from RM0.002 loss in 2Q 2021). Revenue: RM4.60m (down 9.7% from 2Q 2021). Net loss: RM2.21m (loss widened 141% from 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 29% per year, which means it has not declined as severely as earnings. Reported Earnings • Jun 01
First quarter 2022 earnings released: RM0.001 loss per share (vs RM0.002 loss in 1Q 2021) First quarter 2022 results: RM0.001 loss per share (up from RM0.002 loss in 1Q 2021). Revenue: RM7.35m (up 33% from 1Q 2021). Net loss: RM343.0k (loss narrowed 58% from 1Q 2021). Reported Earnings • Feb 25
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: RM0.003 loss per share (up from RM0.009 loss in FY 2020). Revenue: RM26.4m (down 2.7% from FY 2020). Net loss: RM1.94m (loss narrowed 60% from FY 2020). Revenue missed analyst estimates by 21%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance. Announcement • Sep 10
Securemetric Berhad (KLSE:SMETRIC) entered in a Share Sale and Purchase Agreement to acquire 10% stake in Innov8tif Solutions from Cha Weay Chia for MYR 4 million. Securemetric Berhad (KLSE:SMETRIC) entered in a Share Sale and Purchase Agreement to acquire 10% stake in Innov8tif Solutions from Cha Weay Chia for MYR 4 million on September 8, 2021. The Acquisition Price and Subscription Price of RM8,000,000 in total will be fully funded in cash. A sum of MYR 2.441 million will be funded through the proceeds raised from Securemetric’s private placement issued on 25 June 2020 and the remaining
through internally generated funds. The Investment is expected to be completed by fourth quarter of 2021. Reported Earnings • Aug 30
Second quarter 2021 earnings released: RM0.002 loss per share (vs RM0.001 profit in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2021 results: Revenue: RM5.09m (down 30% from 2Q 2020). Net loss: RM918.0k (down 291% from profit in 2Q 2020). Executive Departure • Jun 05
Independent Non- Executive Director Mohamad Rizatuddin Bin Mohamed Ramli has left the company On the 28th of May, Mohamad Rizatuddin Bin Mohamed Ramli's tenure as Independent Non- Executive Director ended after 3.3 years in the role. We don't have any record of a personal shareholding under Mohamad Rizatuddin's name. Mohamad Rizatuddin is the only executive to leave the company over the last 12 months. Reported Earnings • May 29
First quarter 2021 earnings released: RM0.001 loss per share (vs RM0.004 loss in 1Q 2020) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: RM5.53m (up 15% from 1Q 2020). Net loss: RM819.0k (loss narrowed 61% from 1Q 2020). Reported Earnings • Feb 25
Full year 2020 earnings released: RM0.009 loss per share (vs RM0.004 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: RM27.1m (down 13% from FY 2019). Net loss: RM4.85m (down 344% from profit in FY 2019).