Announcement • Jul 10
Agrinurture, Inc. Approves Appointment of Honorio Tan Tan as Independent Director, Effective July 9, 2026 and Member of Audit Committee and Corporate Governance & Risk Committee and Chairman of Nomination & Compensation Committee AgriNurture, Inc. at its Annual Stockholders' Meeting and Board of Directors' Organizational Meeting held on July 09, 2026 announced the appointment of Honorio Tan Tan as Independent Director. The effective date of appointment was July 9, 2026. Mr. Tan took up AB Economics in the University of the East, then took his MBA at Dela Salle University and Doctor of Humanities in Lyceum Northwestern University. He took up the positions of Assistant Vice President of Bank of Asia and became Independent Director in Agricultural Bank of the Philippines. He was previously President of YMCA Manila Downtown and also served as Independent Director at Greenergy Holdings Inc. The company approved the following were appointed as members of the Committees at the Organizational Meeting of the Board of Directors: Audit Committee: Jose Antonio S. Vilar -Chairman; Honorio T. Tan -Member and Eric J. Severino -Member. Nomination & Compensation Committee: Honorio T. Tan -Chairman, Eric J. Severino -Member and Claries E. Frajenal -Member. Corporate Governance & Risk Committee: Eric J. Severino -Chairman Risk Committee, Honorio T. Tan -Member and Jose Antonio S. Vilar -Member. Reported Earnings • Jun 07
Third quarter 2025 earnings released: ₱0.04 loss per share (vs ₱0.02 loss in 3Q 2024) Third quarter 2025 results: ₱0.04 loss per share (further deteriorated from ₱0.02 loss in 3Q 2024). Net loss: ₱30.7m (loss widened 12% from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has fallen by 60% per year, which means it is performing significantly worse than earnings. Announcement • Apr 15
AgriNurture, Inc., Annual General Meeting, Oct 28, 2026 AgriNurture, Inc., Annual General Meeting, Oct 28, 2026, at 10:00 W. Australia Standard Time. Announcement • Jan 08
AgriNurture, Inc. Announces Demise of Roy S. Kempis, Independent Director The Board of Directors of AgriNurture, Inc. announced the demise of Mr. Roy S. Kempis, Independent Director of the company, on January 06, 2026. In view of this unfortunate occurrence, the position of Independent Director of ANI held by Mr. Kempis is deemed vacated as of the company's receipt of such information from his family members 7 January 2026. The company and its board acknowledge the invaluable contributions of Mr. Kempis to the company as independent director over the past three (3) years. Reported Earnings • Nov 20
Third quarter 2025 earnings released: ₱0.04 loss per share (vs ₱0.02 loss in 3Q 2024) Third quarter 2025 results: ₱0.04 loss per share (further deteriorated from ₱0.02 loss in 3Q 2024). Net loss: ₱30.7m (loss widened 72% from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has fallen by 60% per year, which means it is performing significantly worse than earnings. Announcement • Sep 16
AgriNurture, Inc., Annual General Meeting, Oct 27, 2025 AgriNurture, Inc., Annual General Meeting, Oct 27, 2025, at 10:30 W. Australia Standard Time. Location: no. 54 national road, dampol ii-a, bulacan, pulilan, Philippines Reported Earnings • Aug 20
Second quarter 2025 earnings released: ₱0.03 loss per share (vs ₱0.03 loss in 2Q 2024) Second quarter 2025 results: ₱0.03 loss per share (in line with 2Q 2024). Revenue: ₱18.2m (down 96% from 2Q 2024). Net loss: ₱27.9m (loss widened 3.4% from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 21
Third quarter 2024 earnings released: ₱0.02 loss per share (vs ₱0.011 profit in 3Q 2023) Third quarter 2024 results: ₱0.02 loss per share (down from ₱0.011 profit in 3Q 2023). Revenue: ₱389.3m (down 49% from 3Q 2023). Net loss: ₱17.8m (down 286% from profit in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance. Recent Insider Transactions • Nov 06
Chairman recently sold ₱550k worth of stock On the 4th of November, Antonio Tiu sold around 1m shares on-market at roughly ₱0.55 per share. This transaction amounted to 4.2% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Antonio has been a net seller over the last 12 months, reducing personal holdings by ₱31m. New Risk • Sep 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 Filipino stocks, typically moving 7.4% 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 Risks Less than 1 year of cash runway based on free cash flow trend (-₱640m free cash flow). Earnings have declined by 6.3% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Market cap is less than US$100m (₱573.7m market cap, or US$10.2m). Announcement • Sep 05
AgriNurture, Inc. Announces Resignation of Senen L. Matoto as Director AgriNurture, Inc. announced Mr. Senen L. Matoto tendered his resignation as director of the company effective September 1, 2024, (Personal Reason). Reported Earnings • Aug 15
Second quarter 2024 earnings released: ₱0.03 loss per share (vs ₱0.004 profit in 2Q 2023) Second quarter 2024 results: ₱0.03 loss per share (down from ₱0.004 profit in 2Q 2023). Revenue: ₱494.5m (down 38% from 2Q 2023). Net loss: ₱27.0m (down ₱30.7m from profit in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has fallen by 56% per year, which means it is performing significantly worse than earnings. Announcement • Jul 18
AgriNurture, Inc. Announces Resignation of Luis Rey I. Velasco as Director Dr. Luis Rey I. Velasco tendered his resignation as Director of AgriNurture, Inc. effective immediately. Reason: Due to his recent appointment to a government position. Recent Insider Transactions • Jul 10
Chairman recently sold ₱1.3m worth of stock On the 8th of July, Antonio Tiu sold around 2m shares on-market at roughly ₱0.55 per share. This transaction amounted to 8.2% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth ₱1.7m. Antonio has been a net seller over the last 12 months, reducing personal holdings by ₱132m. New Risk • Jun 20
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₱583.9m (US$9.92m) 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 Less than 1 year of cash runway based on free cash flow trend (-₱650m free cash flow). Market cap is less than US$10m (₱583.9m market cap, or US$9.92m). Minor Risks Share price has been volatile over the past 3 months (8.5% average weekly change). Significant insider selling over the past 3 months (₱8.0m sold). Recent Insider Transactions • Jun 15
Chairman recently sold ₱1.4m worth of stock On the 13th of June, Antonio Tiu sold around 2m shares on-market at roughly ₱0.60 per share. This transaction amounted to 6.8% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth ₱1.7m. Antonio has been a net seller over the last 12 months, reducing personal holdings by ₱118m. Recent Insider Transactions • Jun 13
Chairman recently sold ₱1.7m worth of stock On the 4th of June, Antonio Tiu sold around 2m shares on-market at roughly ₱0.71 per share. This transaction amounted to 6.5% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Antonio has been a net seller over the last 12 months, reducing personal holdings by ₱117m. Reported Earnings • May 18
Full year 2023 earnings released: ₱0.18 loss per share (vs ₱0.013 loss in FY 2022) Full year 2023 results: ₱0.18 loss per share (further deteriorated from ₱0.013 loss in FY 2022). Revenue: ₱2.97b (down 23% from FY 2022). Net loss: ₱146.2m (loss widened ₱135.6m from FY 2022). 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 53% per year, which means it is significantly lagging earnings. Announcement • May 12
AgriNurture, Inc., Annual General Meeting, Oct 28, 2024 AgriNurture, Inc., Annual General Meeting, Oct 28, 2024. Recent Insider Transactions • May 01
Chairman recently sold ₱1.0m worth of stock On the 25th of April, Antonio Tiu sold around 2m shares on-market at roughly ₱0.57 per share. This transaction amounted to 4.5% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth ₱3.1m. Antonio has been a net seller over the last 12 months, reducing personal holdings by ₱186m. Recent Insider Transactions • Apr 18
Chairman recently sold ₱1.0m worth of stock On the 15th of April, Antonio Tiu sold around 2m shares on-market at roughly ₱0.58 per share. This transaction amounted to 4.0% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth ₱3.1m. Antonio has been a net seller over the last 12 months, reducing personal holdings by ₱193m. Recent Insider Transactions • Apr 10
Chairman recently sold ₱1.5m worth of stock On the 2nd of April, Antonio Tiu sold around 3m shares on-market at roughly ₱0.59 per share. This transaction amounted to 5.6% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth ₱3.1m. Antonio has been a net seller over the last 12 months, reducing personal holdings by ₱185m. Recent Insider Transactions • Feb 24
Chairman recently sold ₱140k worth of stock On the 21st of February, Antonio Tiu sold around 270k shares on-market at roughly ₱0.52 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth ₱5.2m. Antonio has been a net seller over the last 12 months, reducing personal holdings by ₱161m. Recent Insider Transactions • Feb 20
Chairman recently sold ₱152k worth of stock On the 13th of February, Antonio Tiu sold around 260k shares on-market at roughly ₱0.59 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth ₱5.2m. Antonio has been a net seller over the last 12 months, reducing personal holdings by ₱161m. New Risk • Feb 07
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₱553.2m (US$9.88m) 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 (14% average weekly change). Market cap is less than US$10m (₱553.2m market cap, or US$9.88m). Minor Risk Significant insider selling over the past 3 months (₱14m sold). Recent Insider Transactions • Jan 18
Chairman recently sold ₱330k worth of stock On the 10th of January, Antonio Tiu sold around 500k shares on-market at roughly ₱0.66 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth ₱6.1m. Antonio has been a net seller over the last 12 months, reducing personal holdings by ₱89m. Recent Insider Transactions • Dec 05
Chairman recently sold ₱162k worth of stock On the 29th of November, Antonio Tiu sold around 143k shares on-market at roughly ₱1.13 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth ₱6.1m. Antonio has been a net seller over the last 12 months, reducing personal holdings by ₱83m. Recent Insider Transactions • Nov 30
Chairman recently sold ₱2.2m worth of stock On the 23rd of November, Antonio Tiu sold around 2m shares on-market at roughly ₱1.08 per share. This transaction amounted to 3.4% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth ₱6.1m. Antonio has been a net seller over the last 12 months, reducing personal holdings by ₱83m. Recent Insider Transactions • Nov 20
Chairman recently sold ₱4.2m worth of stock On the 15th of November, Antonio Tiu sold around 2m shares on-market at roughly ₱1.96 per share. This transaction amounted to 3.4% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth ₱15m. Antonio has been a net seller over the last 12 months, reducing personal holdings by ₱80m. Reported Earnings • Nov 08
Third quarter 2023 earnings released: EPS: ₱0.01 (vs ₱0.04 in 3Q 2022) Third quarter 2023 results: EPS: ₱0.01 (down from ₱0.04 in 3Q 2022). Revenue: ₱761.2m (down 12% from 3Q 2022). Net income: ₱9.56m (down 69% from 3Q 2022). Profit margin: 1.3% (down from 3.6% in 3Q 2022). The decrease in margin was driven by lower revenue. 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 37% per year, which means it is significantly lagging earnings. Announcement • Oct 27
Agrinurture, Inc. Announces Directorate Appointments AgriNurture, Inc. at its AGM announced appointment of Prof. Roy S. Kempis, 67, Filipino, Independent Director. Prof. Kempis took his Bachelor's degree in Agriculture, major in Agricultural Economics, at UP Los Baños and subsequently, his Masters in Agricultural Development Economics at the Australian National University. He has a wide range of exposure and experience in research, teaching, business development and project planning in matters relating to Agri-Business and Agro-Economics, having acted as consultant, project leader, mentor, and resource in diverse studies and projects relating to a wide range of crops. He has held faculty positions in UP Pampanga, Pampanga State Agricultural University and Dela Salle University, and presently is Director for Angeles University Foundation's Center for Business Innovation. Mr. Isidro C. Alcantara, Jr., 69, Filipino, Regular Director. Mr. Isidro C. Alcantara, Jr. is a long time Senior Banker and headed several organizations as President of Marcventures Holdings, Inc. (a Mining Holding Co.: 2013-2020); Head of Institutional and Corporate Banking of the Hongkong Shanghai Bank, Phils. (2005); President and CEO of Philippine Bank of Communications (PBCom 2000-2004) where he led its successful recovery and rehabilitation (2000-2004); Executive VicePresident of PCIBank and later Equitable-PCIBank (1986-2000) and also held positions in Corporate Finance and Credit in Bancom Finance, United Coconut Planters Bank and the Insular Bank of Asia and America (1976-1985). He was elected as a Director of the Bankers Association of the Philippines (BAP: 2000- 2004). From 2018 to 2020 he was concurrently Chairman of the Philippine Nickel Industry Association (PNIA). He has also previously served as Chairman or President of several Public Companies. He is currently the President of the Financial Risk Resolution Advisory, Inc. (FRRA). Mr. Alcantara is a Certified Public Accountant and holds an Economics and Accountancy Degree from the De la Salle University and took Special Studies on International Banking at the Wharton School of Finance at the University of Pennsylvania. Recent Insider Transactions • Oct 25
Chairman recently bought ₱3.7m worth of stock On the 20th of October, Antonio Tiu bought around 1m shares on-market at roughly ₱2.53 per share. This transaction amounted to 2.3% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth ₱19m. Despite this recent buy, Antonio has been a net seller over the last 12 months, reducing personal holdings by ₱70m. Recent Insider Transactions • Sep 29
Chairman recently sold ₱98k worth of stock On the 26th of September, Antonio Tiu sold around 30k shares on-market at roughly ₱3.26 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth ₱25m. Antonio has been a net seller over the last 12 months, reducing personal holdings by ₱291m. Reported Earnings • Sep 22
Second quarter 2023 earnings released: EPS: ₱0.004 (vs ₱0.02 in 2Q 2022) Second quarter 2023 results: EPS: ₱0.004 (down from ₱0.02 in 2Q 2022). Revenue: ₱801.1m (down 7.7% from 2Q 2022). Net income: ₱3.67m (down 81% from 2Q 2022). Profit margin: 0.5% (down from 2.2% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings. Recent Insider Transactions • Aug 24
Chairman recently sold ₱4.9m worth of stock On the 22nd of August, Antonio Tiu sold around 1m shares on-market at roughly ₱3.79 per share. This transaction amounted to 2.1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth ₱25m. Antonio has been a net seller over the last 12 months, reducing personal holdings by ₱271m. Reported Earnings • Aug 17
Second quarter 2023 earnings released: EPS: ₱0.011 (vs ₱0.02 in 2Q 2022) Second quarter 2023 results: EPS: ₱0.011 (down from ₱0.02 in 2Q 2022). Revenue: ₱801.1m (down 7.7% from 2Q 2022). Net income: ₱3.67m (down 81% from 2Q 2022). Profit margin: 0.5% (down from 2.2% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Recent Insider Transactions • Aug 05
Chairman recently sold ₱20m worth of stock On the 3rd of August, Antonio Tiu sold around 5m shares on-market at roughly ₱3.99 per share. This transaction amounted to 6.6% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth ₱22m. Antonio has been a net seller over the last 12 months, reducing personal holdings by ₱247m. New Risk • Aug 01
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 Filipino stocks, typically moving 6.8% 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 (6.8% average weekly change). Significant insider selling over the past 3 months (₱227m sold). Market cap is less than US$100m (₱4.00b market cap, or US$73.0m). Recent Insider Transactions • Jul 19
Chairman recently bought ₱16m worth of stock On the 14th of July, Antonio Tiu bought around 3m shares on-market at roughly ₱5.17 per share. This transaction amounted to 4.6% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth ₱24m. Despite this recent buy, Antonio has been a net seller over the last 12 months, reducing personal holdings by ₱198m. New Risk • Jul 14
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₱5.41b (US$99.5m) This is considered a minor 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: Minor Risks Significant insider selling over the past 3 months (₱211m sold). Market cap is less than US$100m (₱5.41b market cap, or US$99.5m). Buying Opportunity • Jul 03
Now 27% undervalued after recent price drop Over the last 90 days, the stock is down 16%. The fair value is estimated to be ₱8.64, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 2.9% over the last 3 years. Meanwhile, the company became loss making. New Risk • Jun 23
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: ₱202m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. This is currently the only risk that has been identified for the company. Announcement • May 06
AgriNurture, Inc., Annual General Meeting, Oct 26, 2023 AgriNurture, Inc., Annual General Meeting, Oct 26, 2023. Reported Earnings • May 03
Full year 2022 earnings released: ₱0.01 loss per share (vs ₱0.64 profit in FY 2021) Full year 2022 results: ₱0.01 loss per share (down from ₱0.64 profit in FY 2021). Revenue: ₱3.84b (down 16% from FY 2021). Net loss: ₱10.6m (down 102% from profit in FY 2021). 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 4% per year, which means it is significantly lagging earnings. Recent Insider Transactions • Mar 14
Chairman recently bought ₱6.4m worth of stock On the 9th of March, Antonio Tiu bought around 870k shares on-market at roughly ₱7.31 per share. This transaction amounted to 1.5% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth ₱68m. Despite this recent buy, Antonio has been a net seller over the last 12 months, reducing personal holdings by ₱170m. Recent Insider Transactions • Feb 22
Chairman recently bought ₱68m worth of stock On the 17th of February, Antonio Tiu bought around 10m shares on-market at roughly ₱6.84 per share. This transaction amounted to 20% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth ₱295m. Antonio has been a buyer over the last 12 months, purchasing a net total of ₱237m worth in shares. Recent Insider Transactions • Nov 30
Chairman recently bought ₱295m worth of stock On the 25th of November, Antonio Tiu bought around 40m shares on-market at roughly ₱7.29 per share. This transaction increased Antonio's direct individual holding by 2x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Antonio has been a buyer over the last 12 months, purchasing a net total of ₱169m worth in shares. Announcement • Nov 29
AgriNurture, Inc. Announces Leadership Appointments Board of Directors of AgriNurture, Inc. during the Annual Meeting of Stockholders held on November 25, 2022, appointed J. Antonio S. Vilar (Independent Director), Jose S. Ejercito (Independent Director), and Atty. Paul Kenneth Davis, Filipino as Corporate Secretary. Mr. J. Antonio S. Vilar, 62, Filipino, Independent Director. Mr. J. Antonio S. Vilar obtained his bachelor's degree in Business Administration from Wharton School of the University of Pennsylvania in 1883, He was Head of the Philippine Stock Exchange, Inc.'s Market Education Department from 2013 until 2020. In between, he served as Director and CEO in various Philippine corporations, notably venture companies. He assisted government agencies as organizer or resource speaker in various international investment roadshows. He is presently an Independent Director of an unrelated company. Mr. Jose S. Ejercito, 66, Filipino, Independent Director. Mr. Jose S. Ejercito took his Bachelor of Science in Industrial Engineering at the University of the Philippines and occupied various positions in Unilever Phils., also posting as Unilever's National Sales Operations Controller in China and as Managing Director in Korea before he retired. Thereafter, he joined the SM Retail team and became President of Scanasia Overseas Inc., the distribution company of 2Go Group, SM's logistics and distribution arm, until he retired in 2021. Atty. Paul Kenneth Davis, 66, Filipino as Corporate Secretary; Paul Kenneth B. Davis took his A.B. and Ll.B. at the University of the Philippines. He has been in law practice for forty years as litigator, consultant for Build-Operate-Transfer projects (toll road, water and energy), in-house counsel as well as corporate secretary and director of private and government-owned/acquired corporations. He was with the UP Law Center committee that formulated and launched its Paralegal Training Program, where he likewise served as lecturer and mentor. He likewise served as consultant on government procurement in UP Los Baños. Reported Earnings • Nov 23
Third quarter 2022 earnings released: EPS: ₱0.04 (vs ₱1.86 in 3Q 2021) Third quarter 2022 results: EPS: ₱0.04 (down from ₱1.86 in 3Q 2021). Revenue: ₱860.9m (down 34% from 3Q 2021). Net income: ₱30.6m (down 98% from 3Q 2021). Profit margin: 3.6% (down from 118% in 3Q 2021). 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 22% 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. 4 experienced directors. 5 highly experienced directors. 2 independent directors (8 non-independent directors). Independent Director Maximilian Chua 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. Announcement • Oct 26
AgriNurture, Inc. Announces Management Appointments AgriNurture, Inc. announced the board of directors appointed Atty. Paul Kenneth Davis as assistant corporate secretary and Atty. Maximilian Chua as Chair of the Board's nomination committee. Effective date is October 22, 2022. Atty. Paul Kenneth Davis as Assistant Corporate Secretary: Paul Kenneth B. Davis took his A.B. and Ll.B. at the University of the Philippines. He has been in law practice for forty years as litigator, consultant for Build-Operate-Transfer projects (toll road, water and energy), in-house counsel as well as corporate secretary and director of private and government-owned/acquired corporations. He was with the UP Law Center committee that formulated and launched its Paralegal Training Program, where he likewise served as lecturer and mentor. He likewise served as consultant on government procurement in UP Los Baños. Atty. Maximilian Chua as Chair of the Board's Nomination Committee: Atty. Maximilian Chua is currently a Senior Associate at the Belo Gozon Parel Asuncion & Lucila Law Offices. He obtained a degree in Bachelor of Science in Management Information System from the Ateneo de Manila University and a degree in Bachelor of Laws from San Beda University. He is a member of the Integrated Bar of the Philippines. He currently holds several Corporate Secretary positions at Danateq Philippines, Inc., Meteogroup Philippines, Inc., Emerchant Asia, Inc., Stargold Trucking Corporation, Alpca Farms, Inc., and Paligid Technologies, Inc. He is currently a director in Alpca Farms, Inc. and AgriNurture, Inc. Recent Insider Transactions • Oct 22
Chairman recently sold ₱218m worth of stock On the 18th of October, Antonio Tiu sold around 30m shares on-market at roughly ₱7.19 per share. This transaction amounted to 34% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Antonio has been a net seller over the last 12 months, reducing personal holdings by ₱126m. Valuation Update With 7 Day Price Move • Oct 03
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₱5.45, the stock trades at a trailing P/E ratio of 11.1x. Average trailing P/E is 15x in the Consumer Retailing industry in Philippines. Total loss to shareholders of 66% over the past three years. Recent Insider Transactions • Sep 29
Chairman recently sold ₱13m worth of stock On the 27th of September, Antonio Tiu sold around 2m shares on-market at roughly ₱6.30 per share. This transaction amounted to 2.3% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite the recent sale, Antonio has been a net buyer over the last 12 months, purchasing a net total of ₱93m worth of shares. Recent Insider Transactions • Aug 23
Chairman recently sold ₱12m worth of stock On the 18th of August, Antonio Tiu sold around 2m shares on-market at roughly ₱6.43 per share. This was the largest sale by an insider in the last 3 months. Despite the recent sale, Antonio has been a buyer over the last 12 months, purchasing a net total of ₱106m worth of shares. Reported Earnings • Aug 17
Second quarter 2022 earnings released: EPS: ₱0.02 (vs ₱0.098 in 2Q 2021) Second quarter 2022 results: EPS: ₱0.02 (down from ₱0.098 in 2Q 2021). Revenue: ₱868.3m (down 22% from 2Q 2021). Net income: ₱19.5m (down 76% from 2Q 2021). Profit margin: 2.2% (down from 7.4% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Aug 15
Investor sentiment improved over the past week After last week's 15% share price gain to ₱6.59, the stock trades at a trailing P/E ratio of 12.4x. Average trailing P/E is 25x in the Consumer Retailing industry in Philippines. Total loss to shareholders of 54% over the past three years. Recent Insider Transactions • Aug 12
Chairman recently bought ₱118m worth of stock On the 9th of August, Antonio Tiu bought around 22m shares on-market at roughly ₱5.43 per share. This was the largest purchase by an insider in the last 3 months. This was Antonio's only on-market trade for the last 12 months. Valuation Update With 7 Day Price Move • Jul 06
Investor sentiment improved over the past week After last week's 16% share price gain to ₱5.38, the stock trades at a trailing P/E ratio of 10.1x. Average trailing P/E is 16x in the Consumer Retailing industry in Philippines. Total loss to shareholders of 62% over the past three years. Announcement • Jun 16
Agrinurture, Inc. Receives the Resignation of Mark Norman A. Maca as Director Agrinurture, Inc. received the resignation of Mark Norman A. Maca as Director effective 15 June 2022. Reported Earnings • May 22
Full year 2021 earnings released: EPS: ₱0.64 (vs ₱0.044 loss in FY 2020) Full year 2021 results: EPS: ₱0.64 (up from ₱0.044 loss in FY 2020). Revenue: ₱4.55b (up 3.2% from FY 2020). Net income: ₱529.0m (up ₱565.9m from FY 2020). Profit margin: 12% (up from net loss in FY 2020). 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 31% per year, which means it is significantly lagging earnings. 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. 6 experienced directors. 4 highly experienced directors. 3 independent directors (8 non-independent directors). Independent Director Maximilian Chua 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. Announcement • Apr 25
AgriNurture, Inc. Appoints Claries Frajenal as Data Protection Officer AgriNurture, Inc., at the board meeting held on 23 April 2022 appointed Ms. Claries Frajenal as the new Data Protection Officer of the Corporation. She has been the Human Resource Manager of the Company since 2008. Valuation Update With 7 Day Price Move • Dec 27
Investor sentiment improved over the past week After last week's 19% share price gain to ₱4.84, the stock trades at a trailing P/E ratio of 17.2x. Average trailing P/E is 29x in the Consumer Retailing industry in Philippines. Total loss to shareholders of 72% over the past three years. Reported Earnings • Nov 13
Third quarter 2021 earnings released: EPS ₱0.17 (vs ₱0.05 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₱1.31b (up 8.7% from 3Q 2020). Net income: ₱596.7m (up ₱559.1m from 3Q 2020). Profit margin: 46% (up from 3.1% in 3Q 2020). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 37% per year, which means it is performing significantly worse than earnings. Reported Earnings • Aug 18
Second quarter 2021 earnings released: EPS ₱0.097 (vs ₱0.37 in 2Q 2020) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: ₱1.11b (up 15% from 2Q 2020). Net income: ₱82.0m (down 75% from 2Q 2020). Profit margin: 7.4% (down from 34% in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 27% per year whereas the company’s share price has fallen by 29% per year. Reported Earnings • May 29
Full year 2020 earnings released: ₱0.04 loss per share (vs ₱0.01 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: ₱4.41b (down 2.8% from FY 2019). Net loss: ₱36.8m (down ₱45.5m from profit in FY 2019). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings. Executive Departure • Mar 05
Director has left the company On the 1st of March, Ciara Ong-Lim's tenure in the role of Director ended. As of December 2020, Ciara personally held only 60.00k shares (₱480k worth at the time). A total of 2 executives have left over the last 12 months. Announcement • Mar 04
Agrinurture, Inc. Receives the Resignation of Ciara Mae O. Lim as Director Agrinurture, Inc. received the resignation of Ms. Ciara Mae O. Lim as Director effective 1 March 2021. Is New 90 Day High Low • Feb 27
New 90-day low: ₱6.98 The company is down 20% from its price of ₱8.70 on 27 November 2020. The Filipino market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Retailing industry, which is down 12% over the same period. Is New 90 Day High Low • Jan 27
New 90-day low: ₱7.56 The company is down 6.0% from its price of ₱8.05 on 30 October 2020. The Filipino market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Retailing industry, which is up 3.0% over the same period. Announcement • Nov 27
AgriNurture, Inc. Enters into a Memorandum of Agreement with the Philippine International Trading Corporation AgriNurture, Inc. informed the Philippine Stock Exchange (the "Exchange") and the investing public that it has entered into a Memorandum of Agreement ("MOA") 26 November 2020, with the Philippine International Trading Corporation ("PITC") to collaborate on the importation of raw materials to provide healthier and more affordable "BigMa" Bigas-Mais (rice-corn) blend to the Filipino consumers. The Company is set to locally produce with its corn contract growers and include in its product portfolio the "BigMa" brand. The "BigMa" or Bigas-Mais blend is a Low Glycemic and rich in dietary fiber staple food alternative for the Filipino consumers. With the production of BigMa, the Company will be able to reduce carbon foot print, provide more livelihood to local farmers as the source of "Mais", help the country achieve food-staple sufficiency faster, while providing a healthier and affordable option to the public. Is New 90 Day High Low • Nov 27
New 90-day high: ₱8.41 The company is up 10.0% from its price of ₱7.65 on 28 August 2020. The Filipino market is up 19% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Consumer Retailing industry, which is down 5.0% over the same period. Reported Earnings • Nov 14
Third quarter 2020 earnings released: EPS ₱0.05 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: ₱1.21b (up 18% from 3Q 2019). Net income: ₱37.5m (up 45% from 3Q 2019). Profit margin: 3.1% (up from 2.5% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Oct 05
New 90-day high: ₱8.36 The company is up 12% from its price of ₱7.44 on 07 July 2020. The Filipino market is down 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Retailing industry, which is down 2.0% over the same period. Announcement • Sep 21
AgriNurture, Inc.(PSE:ANI) dropped from S&P Global BMI Index AgriNurture, Inc.(PSE:ANI) dropped from S&P Global BMI Index Announcement • Jul 22
AgriNurture, Inc. (PSE:ANI) entered into a memorandum of agreement to acquire up to 51% stake in Pay8 Inc. from Hatchasia, Inc. for an enterprise value of approximately PHP 380 million. AgriNurture, Inc. (PSE:ANI) entered into a memorandum of agreement to acquire up to 51% stake in Pay8 Inc. from Hatchasia, Inc. for an enterprise value of approximately PHP 380 million on July 20, 2020. The consideration is to be satisfied by the mode of share swap. The transaction is subject to due diligence and the execution of a finalized definitive agreement.