New Risk • Apr 17
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 Filipino 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (11% average weekly change). Revenue is less than US$1m (₱1.0m revenue, or US$17k). Market cap is less than US$10m (₱300.1m market cap, or US$5.00m). Announcement • Mar 25
Medco Holdings, Inc., Annual General Meeting, May 08, 2026 Medco Holdings, Inc., Annual General Meeting, May 08, 2026, at 10:00 W. Australia Standard Time. New Risk • Jul 21
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 Filipino stocks, typically moving 10% 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 7.1% per year over the past 5 years. Revenue is less than US$1m (₱1.4m revenue, or US$25k). Market cap is less than US$10m (₱315.9m market cap, or US$5.52m). New Risk • May 09
New major risk - Financial position The company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 7.1% per year over the past 5 years. Revenue is less than US$1m (₱1.4m revenue, or US$26k). Market cap is less than US$10m (₱388.6m market cap, or US$6.99m). Announcement • Mar 27
Medco Holdings, Inc., Annual General Meeting, May 09, 2025 Medco Holdings, Inc., Annual General Meeting, May 09, 2025, at 10:00 W. Australia Standard Time. New Risk • May 09
New major risk - Financial position The company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (24% average weekly change). Earnings have declined by 40% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (₱436.0m market cap, or US$7.61m). Announcement • Mar 25
Medco Holdings, Inc., Annual General Meeting, May 10, 2024 Medco Holdings, Inc., Annual General Meeting, May 10, 2024, at 10:00 Singapore Standard Time. Agenda: To consider Call to Order; to Certification of Notices and Quorum; to Approval of the minutes of the annual meeting of stockholders held on 12 May 2023; to Approval of the Annual Report and the Audited Financial Statements as of December 31, 2023; to Approval and Ratification of the acts, contracts, investments and resolutions of the Board and management of the Corporation since the last annual meeting on 12 May 2023; to Election of the members of the Board of Directors for the year 2024. The procedure for the nomination and election of directors is set forth in Item 5 of the Information Statement; to Re-appointment of Punongbayan and Araullo, the Philippine representative of Grant Thornton International, as external auditors of the Corporation for the year 2024; and to consider other matters if any. New Risk • Jul 30
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -₱9.6m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. 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 (-₱9.6m free cash flow). Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 82% per year over the past 5 years. Revenue is less than US$1m (₱27k revenue, or US$494). Market cap is less than US$10m (₱350.7m market cap, or US$6.39m). New Risk • Jun 15
New major 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 9.6% 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 Risks Earnings have declined by 85% per year over the past 5 years. Revenue is less than US$1m (₱8.5k revenue, or US$152). Market cap is less than US$10m (₱429.7m market cap, or US$7.67m). Minor Risk Share price has been volatile over the past 3 months (9.6% average weekly change). Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Director Juan Victor Tanjuatco was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Director Juan Victor Tanjuatco was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 01
Medco Holdings, Inc., Annual General Meeting, May 13, 2022 Medco Holdings, Inc., Annual General Meeting, May 13, 2022, at 10:00 Singapore Standard Time. Agenda: To consider approval of the minutes of the annual meeting of stockholders held on May 14, 2021; to consider approval of the Annual Report and the Audited Financial Statements as of December 31, 2021; to consider approval and ratification of the acts, contracts, investments and resolutions of the Board and management of the Corporation since the last annual meeting on May 14, 2021; to consider election of the members of the Board of Directors for the year 2022; to consider re-appointment of Punongbayan and Araullo, the Philippine representative of Grant Thornton International, as external auditors of the Corporation for the year 2022; and to consider other matters. Is New 90 Day High Low • Feb 17
New 90-day high: ₱0.50 The company is up 49% from its price of ₱0.34 on 19 November 2020. The Filipino market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is up 17% over the same period. Is New 90 Day High Low • Jan 11
New 90-day high: ₱0.40 The company is up 27% from its price of ₱0.32 on 14 October 2020. The Filipino market is up 23% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Capital Markets industry, which is up 44% over the same period. Is New 90 Day High Low • Dec 15
New 90-day high: ₱0.38 The company is up 36% from its price of ₱0.28 on 17 September 2020. The Filipino market is up 22% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is up 23% over the same period. Is New 90 Day High Low • Nov 20
New 90-day high: ₱0.34 The company is up 21% from its price of ₱0.28 on 20 August 2020. The Filipino market is up 16% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Capital Markets industry, which is up 33% over the same period. Is New 90 Day High Low • Oct 15
New 90-day high: ₱0.32 The company is up 13% from its price of ₱0.28 on 17 July 2020. The Filipino market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is up 6.0% over the same period. 