Reported Earnings • May 30
First quarter 2026 earnings released: RM0.006 loss per share (vs RM0.007 loss in 1Q 2025) First quarter 2026 results: RM0.006 loss per share (improved from RM0.007 loss in 1Q 2025). Net loss: RM543.0k (loss narrowed 3.0% from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Announcement • Apr 29
Watta Holding Berhad, Annual General Meeting, Jun 03, 2026 Watta Holding Berhad, Annual General Meeting, Jun 03, 2026, at 09:00 Singapore Standard Time. Location: alhambra ballroom, level m1, hotel melia kuala lumpur, 16, jalan imbi, 55100 kuala lumpur, Malaysia Reported Earnings • Nov 29
Third quarter 2025 earnings released: RM0.006 loss per share (vs RM0.006 loss in 3Q 2024) Third quarter 2025 results: RM0.006 loss per share (in line with 3Q 2024). Revenue: RM992.0k (down 38% from 3Q 2024). Net loss: RM517.0k (loss widened 4.2% from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 21
Second quarter 2025 earnings released: RM0.005 loss per share (vs RM0.006 loss in 2Q 2024) Second quarter 2025 results: RM0.005 loss per share (improved from RM0.006 loss in 2Q 2024). Revenue: RM1.14m (down 25% from 2Q 2024). Net loss: RM466.0k (loss narrowed 5.5% from 2Q 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 1% per year, which means it has not declined as severely as earnings. Reported Earnings • May 24
First quarter 2025 earnings released: RM0.007 loss per share (vs RM0.007 loss in 1Q 2024) First quarter 2025 results: RM0.007 loss per share (in line with 1Q 2024). Revenue: RM1.27m (down 32% from 1Q 2024). Net loss: RM560.0k (loss narrowed 2.3% from 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 25% 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 • Apr 28
Watta Holding Berhad, Annual General Meeting, Jun 11, 2025 Watta Holding Berhad, Annual General Meeting, Jun 11, 2025, at 09:00 Singapore Standard Time. Location: alhambra ballroom, level m1, hotel melia kuala lumpur, 16, jalan imbi, 55100 kuala lumpur Malaysia Reported Earnings • Feb 26
Full year 2024 earnings released: RM0.016 loss per share (vs RM0.023 loss in FY 2023) Full year 2024 results: RM0.016 loss per share (improved from RM0.023 loss in FY 2023). Revenue: RM6.90m (down 20% from FY 2023). Net loss: RM1.38m (loss narrowed 30% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. New Risk • Nov 26
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: RM40.6m (US$9.09m) 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 Shares are highly illiquid. Earnings have declined by 31% per year over the past 5 years. Market cap is less than US$10m (RM40.6m market cap, or US$9.09m). Minor Risk Revenue is less than US$5m (RM7.2m revenue, or US$1.6m). Reported Earnings • Nov 26
Third quarter 2024 earnings released: RM0.006 loss per share (vs RM0.008 loss in 3Q 2023) Third quarter 2024 results: RM0.006 loss per share (improved from RM0.008 loss in 3Q 2023). Revenue: RM1.70m (down 24% from 3Q 2023). Net loss: RM496.0k (loss narrowed 23% from 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 22% 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. Reported Earnings • Aug 21
Second quarter 2024 earnings released: RM0.006 loss per share (vs RM0.008 loss in 2Q 2023) Second quarter 2024 results: RM0.006 loss per share (improved from RM0.008 loss in 2Q 2023). Revenue: RM1.70m (down 18% from 2Q 2023). Net loss: RM493.0k (loss narrowed 23% from 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. New Risk • Jul 02
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: RM43.1m (US$9.13m) 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 Shares are highly illiquid. Earnings have declined by 9.4% per year over the past 5 years. Market cap is less than US$10m (RM43.1m market cap, or US$9.13m). Minor Risk Revenue is less than US$5m (RM8.3m revenue, or US$1.8m). Reported Earnings • Jun 05
First quarter 2024 earnings released: RM0.007 loss per share (vs RM0.006 loss in 1Q 2023) First quarter 2024 results: RM0.007 loss per share (further deteriorated from RM0.006 loss in 1Q 2023). Revenue: RM1.93m (down 11% from 1Q 2023). Net loss: RM573.0k (loss widened 5.7% from 1Q 2023). 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 3% per year. Announcement • Apr 28
Watta Holding Berhad, Annual General Meeting, Jun 12, 2024 Watta Holding Berhad, Annual General Meeting, Jun 12, 2024, at 09:00 Singapore Standard Time. Location: Alhambra Ballroom, Level M1 Hotel Melia Kuala Lumpur 16, Jalan Imbi Kuala Lumpur Malaysia Agenda: To receive the Audited Financial Statements for the financial year ended 31 December 2023 and the Reports of the Directors and Auditors thereon; to re-elect the Director, Datin Teoh Lian Tin; to re-elect the Director, Datuk Hong Choon Hau; to re-elect the Director, Dato' Sivananthan A/L Shanmugam; to re-elect the Director, Goh Thih Liang; to approve the payment of Directors' fees and benefits in respect of the period from 13 June 2024 until the conclusion of the next annual general meeting of the Company; and to consider and approve other matters of business. Reported Earnings • Feb 22
Full year 2023 earnings released: RM0.023 loss per share (vs RM0.01 loss in FY 2022) Full year 2023 results: RM0.023 loss per share (further deteriorated from RM0.01 loss in FY 2022). Revenue: RM9.00m (down 19% from FY 2022). Net loss: RM1.97m (loss widened 129% from FY 2022). Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has remained flat. Reported Earnings • Nov 30
Third quarter 2023 earnings released: RM0.008 loss per share (vs RM0.004 loss in 3Q 2022) Third quarter 2023 results: RM0.008 loss per share (further deteriorated from RM0.004 loss in 3Q 2022). Revenue: RM2.22m (down 13% from 3Q 2022). Net loss: RM647.0k (loss widened 109% from 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has remained flat, which means it is well ahead of earnings. New Risk • Oct 17
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: RM47.3m (US$9.99m) 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 Shares are highly illiquid. Earnings have declined by 17% per year over the past 5 years. Market cap is less than US$10m (RM47.3m market cap, or US$9.99m). Minor Risk Revenue is less than US$5m (RM9.2m revenue, or US$1.9m). Reported Earnings • Aug 30
Second quarter 2023 earnings released: RM0.008 loss per share (vs RM0.004 loss in 2Q 2022) Second quarter 2023 results: RM0.008 loss per share (further deteriorated from RM0.004 loss in 2Q 2022). Revenue: RM2.20m (down 33% from 2Q 2022). Net loss: RM639.0k (loss widened 102% from 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Board Change • Aug 28
High number of new directors Independent Non-Executive Chairman Sivananthan Shanmugam was the last director to join the board, commencing their role in 2023. New Risk • Jun 24
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: RM46.5m (US$9.94m) 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 Shares are highly illiquid. Earnings have declined by 23% per year over the past 5 years. Market cap is less than US$10m (RM46.5m market cap, or US$9.94m). Minor Risk Revenue is less than US$5m (RM10m revenue, or US$2.2m). Board Change • Jun 20
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 6 highly experienced directors. 3 independent directors (4 non-independent directors). Non-Independent Non-Executive Director Jim Hong was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • May 30
First quarter 2023 earnings released: RM0.006 loss per share (vs RM0.004 loss in 1Q 2022) First quarter 2023 results: RM0.006 loss per share (further deteriorated from RM0.004 loss in 1Q 2022). Revenue: RM2.25m (down 23% from 1Q 2022). Net loss: RM542.0k (loss widened 68% from 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Board Change • Apr 18
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. 1 experienced director. 8 highly experienced directors. Non-Independent Non-Executive Director Jim Hong was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 24
Full year 2022 earnings released: RM0.01 loss per share (vs RM0.014 loss in FY 2021) Full year 2022 results: RM0.01 loss per share (improved from RM0.014 loss in FY 2021). Revenue: RM11.5m (down 4.3% from FY 2021). Net loss: RM865.0k (loss narrowed 26% from FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance. Board Change • Jan 05
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. 1 experienced director. 8 highly experienced directors. Non-Independent Non-Executive Director Jim Hong was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 19
Third quarter 2022 earnings released: RM0.004 loss per share (vs RM0.005 loss in 3Q 2021) Third quarter 2022 results: RM0.004 loss per share (improved from RM0.005 loss in 3Q 2021). Revenue: RM2.63m (down 12% from 3Q 2021). Net loss: RM309.0k (loss narrowed 29% from 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Board Change • Nov 17
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. 1 experienced director. 8 highly experienced directors. Non-Independent Non-Executive Director Jim Hong was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 18
Second quarter 2022 earnings released: RM0.004 loss per share (vs RM0.007 loss in 2Q 2021) Second quarter 2022 results: RM0.004 loss per share (up from RM0.007 loss in 2Q 2021). Revenue: RM3.36m (up 33% from 2Q 2021). Net loss: RM316.0k (loss narrowed 46% from 2Q 2021). 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 1% per year, which means it is well ahead of earnings. Reported Earnings • May 29
First quarter 2022 earnings released: RM0.004 loss per share (vs RM0.006 loss in 1Q 2021) First quarter 2022 results: RM0.004 loss per share (up from RM0.006 loss in 1Q 2021). Revenue: RM2.98m (down 4.2% from 1Q 2021). Net loss: RM322.0k (loss narrowed 33% from 1Q 2021). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Board Change • Apr 29
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. 1 experienced director. 8 highly experienced directors. Non-Independent Non-Executive Director Jim Hong was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 02
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: RM0.014 loss per share (up from RM0.017 loss in FY 2020). Revenue: RM12.6m (up 3.1% from FY 2020). Net loss: RM1.16m (loss narrowed 19% from FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 19
Third quarter 2021 earnings released: RM0.005 loss per share (vs RM0.006 loss in 3Q 2020) The company reported a soft third quarter result with weaker revenues and control over costs, although losses reduced. Third quarter 2021 results: Revenue: RM3.05m (down 15% from 3Q 2020). Net loss: RM434.0k (loss narrowed 9.0% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Reported Earnings • Aug 22
Second quarter 2021 earnings released: RM0.007 loss per share (vs RM0.008 loss in 2Q 2020) The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: RM2.57m (up 2.3% from 2Q 2020). Net loss: RM583.0k (loss narrowed 18% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Reported Earnings • Feb 28
Full year 2020 earnings released: RM0.017 loss per share (vs RM0.023 profit in FY 2019) The company reported a poor full year result with weaker earnings and control over costs, although revenues were flat. Full year 2020 results: Revenue: RM13.4m (flat on FY 2019). Net loss: RM1.44m (down 175% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Feb 02
New 90-day low: RM0.51 The company is down 14% from its price of RM0.59 on 30 October 2020. The Malaysian market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Wireless Telecom industry, which is up 3.0% over the same period. Is New 90 Day High Low • Dec 31
New 90-day low: RM0.56 The company is down 13% from its price of RM0.64 on 01 October 2020. The Malaysian market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Wireless Telecom industry, which is up 9.0% over the same period. 