Buy Or Sell Opportunity • Jun 05
Now 26% undervalued Over the last 90 days, the stock has risen 13% to RM0.17. The fair value is estimated to be RM0.23, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 20%. Reported Earnings • May 28
Third quarter 2026 earnings released: EPS: RM0.005 (vs RM0.005 in 3Q 2025) Third quarter 2026 results: EPS: RM0.005 (in line with 3Q 2025). Revenue: RM23.4m (down 33% from 3Q 2025). Net income: RM2.63m (up 4.5% from 3Q 2025). Profit margin: 11% (up from 7.2% in 3Q 2025). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 28
Second quarter 2026 earnings released: EPS: RM0.015 (vs RM0.007 in 2Q 2025) Second quarter 2026 results: EPS: RM0.015 (up from RM0.007 in 2Q 2025). Revenue: RM32.7m (up 7.8% from 2Q 2025). Net income: RM7.63m (up 129% from 2Q 2025). Profit margin: 23% (up from 11% in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. New Risk • Jan 03
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 7.5% 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 (7.5% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (15% net profit margin). Market cap is less than US$100m (RM83.4m market cap, or US$20.6m). Announcement • Nov 29
Eden Inc. Berhad Announces Appointment of Chew Kit Yee as Joint Secretary, Effective November 26, 2025 Eden Inc. Berhad announced the appointment of Chew Kit Yee as Joint Secretary, effective November 26, 2025. Reported Earnings • Nov 28
First quarter 2026 earnings released: EPS: RM0.015 (vs RM0.009 in 1Q 2025) First quarter 2026 results: EPS: RM0.015 (up from RM0.009 in 1Q 2025). Revenue: RM54.6m (up 56% from 1Q 2025). Net income: RM7.51m (up 58% from 1Q 2025). Profit margin: 14% (in line with 1Q 2025). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Announcement • Oct 30
Eden Inc. Berhad, Annual General Meeting, Dec 04, 2025 Eden Inc. Berhad, Annual General Meeting, Dec 04, 2025, at 10:00 Singapore Standard Time. Location: grand ballroom, resort world langkawi, tanjung malai, kedah darul aman, 07000 langkawi Malaysia New Risk • Sep 03
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 57% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (15% net profit margin). Market cap is less than US$100m (RM75.8m market cap, or US$17.9m). Reported Earnings • Aug 31
Full year 2025 earnings released: EPS: RM0.044 (vs RM0.16 in FY 2024) Full year 2025 results: EPS: RM0.044 (down from RM0.16 in FY 2024). Revenue: RM149.9m (down 16% from FY 2024). Net income: RM22.1m (down 71% from FY 2024). Profit margin: 15% (down from 43% in FY 2024). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. New Risk • Jul 24
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: Major Risk High level of non-cash earnings (27% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Market cap is less than US$100m (RM73.3m market cap, or US$17.4m). Reported Earnings • May 30
Third quarter 2025 earnings released: EPS: RM0.005 (vs RM0.004 in 3Q 2024) Third quarter 2025 results: EPS: RM0.005 (up from RM0.004 in 3Q 2024). Revenue: RM34.8m (down 27% from 3Q 2024). Net income: RM2.52m (up 56% from 3Q 2024). Profit margin: 7.2% (up from 3.4% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Announcement • Mar 28
Eden Inc. Berhad Appoints Augustone Cheong Kwok Fai as CFO, Effective April 1, 2025 Eden Inc. Berhad announced the appointment of Mr. Augustone Cheong Kwok Fai, Age 56, as CFO. Date of change: April 1, 2025. Professional Qualification: Accounting from CPA Australia; Accounting fro. Malaysian Institute of Accountants; Degree in Accounting from Monash University, Melbourne, Australia. Work experience: Mr. Augustone Cheong Kwok Fai ("Augustone") joined Eden Inc. Berhad ("Eden") on 21 February 2024 as the Director, Corporate Strategy, prior to his appointment as the Group Chief Financial Officer ("Group CFO") of Eden with effect from 1 April 2025. He brings over 30 years of diverse work experience in areas such as corporate finance, fundraising, financial analysis and management, as well as corporate planning. He has held senior leadership roles such as serving as the Group CFO at a listed property developer and leading the finance, treasury, corporate finance, and corporate affairs departments in other private and publicly listed companies. Earlier in his career, Augustone had also gained extensive experience in corporate and investment banking while working for several financial institutions. Reported Earnings • Feb 28
Second quarter 2025 earnings released: EPS: RM0.007 (vs RM0.001 in 2Q 2024) Second quarter 2025 results: EPS: RM0.007 (up from RM0.001 in 2Q 2024). Revenue: RM30.3m (down 38% from 2Q 2024). Net income: RM3.34m (up 488% from 2Q 2024). Profit margin: 11% (up from 1.2% in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 52% 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 • Nov 29
First quarter 2025 earnings released: EPS: RM0.009 (vs RM0.004 in 1Q 2024) First quarter 2025 results: EPS: RM0.009 (up from RM0.004 in 1Q 2024). Revenue: RM35.0m (down 13% from 1Q 2024). Net income: RM4.75m (up 136% from 1Q 2024). Profit margin: 14% (up from 5.0% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 31
Full year 2024 earnings released: EPS: RM0.16 (vs RM0.052 in FY 2023) Full year 2024 results: EPS: RM0.16 (up from RM0.052 in FY 2023). Revenue: RM178.2m (up 17% from FY 2023). Net income: RM76.4m (up 220% from FY 2023). Profit margin: 43% (up from 16% in FY 2023). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. 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 7.8% 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 (7.8% average weekly change). Market cap is less than US$100m (RM68.9m market cap, or US$14.7m). Reported Earnings • Jun 01
Third quarter 2024 earnings released: EPS: RM0.004 (vs RM0.001 in 3Q 2023) Third quarter 2024 results: EPS: RM0.004 (up from RM0.001 in 3Q 2023). Revenue: RM47.5m (up 29% from 3Q 2023). Net income: RM1.61m (up 484% from 3Q 2023). Profit margin: 3.4% (up from 0.7% 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 15% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Announcement • Apr 05
Eden Inc. Berhad has completed a Follow-on Equity Offering in the amount of MYR 6.523679 million. Eden Inc. Berhad has completed a Follow-on Equity Offering in the amount of MYR 6.523679 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 45,941,400
Price\Range: MYR 0.142
Transaction Features: Subsequent Direct Listing Announcement • Mar 27
Eden Inc. Berhad has filed a Follow-on Equity Offering in the amount of MYR 6.523679 million. Eden Inc. Berhad has filed a Follow-on Equity Offering in the amount of MYR 6.523679 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 45,941,400
Price\Range: MYR 0.142
Transaction Features: Subsequent Direct Listing Reported Earnings • Mar 01
Second quarter 2024 earnings released: EPS: RM0.001 (vs RM0.003 in 2Q 2023) Second quarter 2024 results: EPS: RM0.001 (down from RM0.003 in 2Q 2023). Revenue: RM49.1m (up 26% from 2Q 2023). Net income: RM568.0k (down 63% from 2Q 2023). Profit margin: 1.2% (down from 3.9% in 2Q 2023). Reported Earnings • Nov 28
First quarter 2024 earnings released: EPS: RM0.004 (vs RM0.12 in 1Q 2023) First quarter 2024 results: EPS: RM0.004 (down from RM0.12 in 1Q 2023). Revenue: RM40.0m (up 17% from 1Q 2023). Net income: RM2.01m (down 96% from 1Q 2023). Profit margin: 5.0% (down from 137% in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Announcement • Oct 31
Eden Inc. Berhad, Annual General Meeting, Dec 07, 2023 Eden Inc. Berhad, Annual General Meeting, Dec 07, 2023, at 10:00 Singapore Standard Time. Location: Securities Services (Holdings) Sdn. Bhd., Level 7, Menara Milenium, Jalan Damanlela, Pusat Bandar Damansara, Damansara Heights, 50490 Wilayah Persekutuan Malaysia Agenda: To consider and Audited Financial Statements for the financial year ended 30 June 2023 together with the Reports of the Directors and the Auditors thereon; to consider and re-elect the Directors; to consider and approve the payment of Directors' fees amounting to RM410,000.00 for the financial year ended 30 June 2023; to consider and approve the the benefits payable to the Non-Executive Directors up to RM100,000.00 for the period from 7 December 2023 until the next Annual General Meeting of the Company pursuant to Section 230(1)(b) of the Companies Act 2016; to consider and re-appoint Messrs. UHY as Auditors of the Company until the conclusion of the next Annual General Meeting and to authorize the Directors to fix their remuneration; and to consider other business matters. New Risk • Oct 24
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 7.0% 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 High level of non-cash earnings (21% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Market cap is less than US$100m (RM78.1m market cap, or US$16.3m). Announcement • Oct 21
Eden Inc. Berhad Appoints Mr. Cheong Kee Yoong as Independent and Non Executive Member of Nomination and Remuneration Committee Eden Inc. Berhad announced the appointment of Mr. Cheong Kee Yoong as Independent and Non Executive Member of Nomination and Remuneration Committee. Date of change is 20 October 2023. Age is 55. Composition of Nomination and Remuneration Committee(Name and Directorate of members after change):- 1. Dato' Anuarudin bin Mohd Noor (Chairman, Senior Independent Non-Executive Director) 2. Dato' Naharudin bin Ali (Member, Independent Non-Executive Director) 3. Cheong Kee Yoong (Member, Independent Non-Executive Director). Reported Earnings • Sep 01
Full year 2023 earnings released: EPS: RM0.057 (vs RM0.003 in FY 2022) Full year 2023 results: EPS: RM0.057 (up from RM0.003 in FY 2022). Revenue: RM152.1m (up 155% from FY 2022). Net income: RM26.0m (up RM24.6m from FY 2022). Profit margin: 17% (up from 2.4% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Reported Earnings • May 30
Third quarter 2023 earnings released: EPS: RM0.001 (vs RM0.003 in 3Q 2022) Third quarter 2023 results: EPS: RM0.001 (down from RM0.003 in 3Q 2022). Revenue: RM36.9m (up 136% from 3Q 2022). Net income: RM276.0k (down 77% from 3Q 2022). Profit margin: 0.7% (down from 7.7% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 115% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 03
Second quarter 2023 earnings released: EPS: RM0.003 (vs RM0.001 in 2Q 2022) Second quarter 2023 results: EPS: RM0.003 (up from RM0.001 in 2Q 2022). Revenue: RM38.9m (up 252% from 2Q 2022). Net income: RM1.52m (up 223% from 2Q 2022). Profit margin: 3.9% (down from 4.3% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Announcement • Dec 31
Eden Inc. Berhad Announces Resignation of Nor Azaniza Binti Azahash as Principal Officer Eden Inc. Berhad announced resignation of MRS NOR AZANIZA BINTI AZAHASH as Principal Officer, Age 45. Date of change: 30 December 2022. Reason: Pursuing her career in other organisation. Reported Earnings • Nov 26
First quarter 2023 earnings released: EPS: RM0.12 (vs RM0.003 in 1Q 2022) First quarter 2023 results: EPS: RM0.12 (up from RM0.003 in 1Q 2022). Revenue: RM34.2m (up 450% from 1Q 2022). Net income: RM46.8m (up RM45.5m from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Board Change • Nov 16
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. No experienced directors. 6 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non-Executive Director Ahmad Bin Hj. Kabit was the last independent director to join the board, commencing their role in 2013. 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 • Aug 31
Full year 2022 earnings released: EPS: RM0.003 (vs RM0.043 loss in FY 2021) Full year 2022 results: EPS: RM0.003 (up from RM0.043 loss in FY 2021). Revenue: RM59.6m (up 119% from FY 2021). Net income: RM1.58m (up RM18.9m from FY 2021). Profit margin: 2.6% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Reported Earnings • May 29
Third quarter 2022 earnings released Third quarter 2022 results: Revenue: RM15.6m (up 141% from 3Q 2021). Net income: RM1.21m (up RM18.1m from 3Q 2021). Profit margin: 7.7% (up from net loss in 3Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance. Board Change • Apr 27
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. No experienced directors. 6 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non-Executive Director Ahmad Bin Hj. Kabit was the last independent director to join the board, commencing their role in 2013. 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 • Mar 02
Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations Second quarter 2022 results: EPS: RM0.001 (down from RM0.003 in 2Q 2021). Revenue: RM11.1m (up 32% from 2Q 2021). Net income: RM471.0k (down 58% from 2Q 2021). Profit margin: 4.3% (down from 13% in 2Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Reported Earnings • Nov 28
First quarter 2022 earnings: Revenues and EPS in line with analyst expectations First quarter 2022 results: EPS: RM0.003 (vs RM0.003 in 1Q 2021). Net income: RM1.31m (up 18% from 1Q 2021). Revenue was in line with analyst estimates. 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 7% per year, which means it is well ahead of earnings. Reported Earnings • Oct 01
Full year 2021 earnings released: RM0.043 loss per share Full year 2021 results: Net loss: RM17.3m (down RM20.6m from profit in FY 2020). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 30
First quarter 2021 earnings released: EPS RM0.003 The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: RM8.39m (down 55% from 1Q 2020). Net income: RM1.12m (down 64% from 1Q 2020). Profit margin: 13% (down from 17% in 1Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 28
First quarter 2021 earnings released: EPS RM0.003 The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: RM8.39m (down 55% from 1Q 2020). Net income: RM1.12m (down 64% from 1Q 2020). Profit margin: 13% (down from 17% in 1Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.