Announcement • May 20
Prime Media Holdings, Inc., Annual General Meeting, Jul 15, 2026 Prime Media Holdings, Inc., Annual General Meeting, Jul 15, 2026, at 14:00 W. Australia Standard Time. Location: 16f bdo towers valero, 8741 paseo de roxas, makati Philippines New Risk • Mar 18
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 12% 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 Less than 1 year of cash runway based on free cash flow trend (-₱49m free cash flow). Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 45% per year over the past 5 years. Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (₱1.03b market cap, or US$17.3m). New Risk • Dec 29
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 12% 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 Less than 1 year of cash runway based on free cash flow trend (-₱49m free cash flow). Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 45% per year over the past 5 years. Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (₱1.22b market cap, or US$20.8m). Announcement • Jun 03
Prime Media Holdings, Inc., Annual General Meeting, Jul 31, 2025 Prime Media Holdings, Inc., Annual General Meeting, Jul 31, 2025, at 14:00 W. Australia Standard Time. Location: 16f bdo towers valero, 8741 paseo de roxas, makati Philippines New Risk • May 01
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: -₱13m 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 (-₱13m free cash flow). Earnings have declined by 56% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (9.3% average weekly change). Market cap is less than US$100m (₱1.59b market cap, or US$28.5m). New Risk • Nov 15
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 7.0% 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 Risks Earnings have declined by 43% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Market cap is less than US$100m (₱1.83b market cap, or US$31.1m). New Risk • Feb 19
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 6.9% 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 Revenue is less than US$1m (₱22m revenue, or US$384k). Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Shareholders have been diluted in the past year (21% increase in shares outstanding). Market cap is less than US$100m (₱1.96b market cap, or US$34.9m). New Risk • Nov 17
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 58% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (58% increase in shares outstanding). Revenue is less than US$1m (₱22m revenue, or US$386k). Minor Risk Market cap is less than US$100m (₱3.22b market cap, or US$57.8m). Reported Earnings • Nov 10
Third quarter 2023 earnings released: EPS: ₱0.011 (vs ₱0.002 loss in 3Q 2022) Third quarter 2023 results: EPS: ₱0.011 (up from ₱0.002 loss in 3Q 2022). Revenue: ₱21.5m (up ₱21.4m from 3Q 2022). Net income: ₱11.8m (up ₱13.0m from 3Q 2022). Profit margin: 55% (up from net loss in 3Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 52% per year, which means it is well ahead of earnings. Announcement • Oct 20
Prime Media Holdings, Inc., Annual General Meeting, Dec 05, 2023 Prime Media Holdings, Inc., Annual General Meeting, Dec 05, 2023, at 14:00 China Standard Time. Location: 16F BDO Towers Valero (formerly Citibank Tower), 8741 Paseo de Roxas Makati City Philippines Buying Opportunity • Sep 27
Now 21% undervalued Over the last 90 days, the stock is up 17%. The fair value is estimated to be ₱3.30, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 99% over the last 3 years. Earnings per share has declined by 45%. Buying Opportunity • Sep 08
Now 20% undervalued Over the last 90 days, the stock is up 17%. The fair value is estimated to be ₱3.26, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 99% over the last 3 years. Earnings per share has declined by 45%. Reported Earnings • Aug 19
Second quarter 2023 earnings released: ₱0.008 loss per share (vs ₱0.002 loss in 2Q 2022) Second quarter 2023 results: ₱0.008 loss per share (further deteriorated from ₱0.002 loss in 2Q 2022). Net loss: ₱5.67m (loss widened 299% from 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has increased by 39% per year, which means it is well ahead of earnings. New Risk • Jun 13
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 21% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). Negative equity (-₱151m). Revenue is less than US$1m (₱4.2k revenue, or US$74.0). Minor Risks Shareholders have been diluted in the past year (21% increase in shares outstanding). Market cap is less than US$100m (₱1.90b market cap, or US$33.8m). Announcement • Jan 19
Prime Media Holdings, Inc. Announces Executive Changes Board of Directors of PRIME MEDIA HOLDINGS, INC. held on January 18, 2023 at 2:00 p.m., the Board of Directors of the Corporation approved the following: Appointment of Atty. Diane Madelyn C. Ching as Corporate Secretary, Co-Compliance Officer, Co- Corporate Information Officer and Co-Data Privacy Officer effective 18 January 2023. Appointment of Atty. Marjorie A. San Juan as Assistant Corporate Secretary, Co-Compliance Officer, Co- Corporate Information Officer and Co-Data Privacy Officer effective 18 January 2023. Announcement • Jan 12
Prime Media Holdings, Inc. Announces Resignation of Atty. Reuben Carlo O. General as Corporate Secretary and Compliance Officer Prime Media Holdings, Inc. noted and accepted the resignation of Atty. Reuben Carlo O. General as the Corporation's Corporate Secretary, Compliance Officer, Data Privacy Officer, and Corporate Information Officer as stated in his resignation letter dated 29 December 2022 and effective on 3 January 2023. The resignation is due to personal matters. Buying Opportunity • Nov 22
Now 23% undervalued after recent price drop Over the last 90 days, the stock is down 23%. The fair value is estimated to be ₱2.43, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 57% over the last 3 years. Meanwhile, the company became loss making. 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 Francisco Layug was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Aug 25
Prime Media Holdings, Inc., Annual General Meeting, Sep 23, 2022 Prime Media Holdings, Inc., Annual General Meeting, Sep 23, 2022, at 14:00 Singapore Standard Time. Location: 16F BDO Towers Valero (formerly Citibank Tower) 8741 Paseo de Roxas, Makati City Philippines Announcement • Jun 17
Prime Media Holdings, Inc. Announces Resignation of Christopher Sam S. Salvador as Assistant Corporate Secretary, Co-Compliance Officer and Corporate Information Officer Prime Media Holdings, Inc. announced that on June 14, 2022, Atty. Christopher Sam S. Salvador tendered his resignation as the Corporation's Assistant Corporate Secretary, Co-Compliance Officer and Corporate Information Officer. On 16 June 2022, the Board accepted Atty. Salvador's resignation. Reason for resignation: Personal matter. 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 Francisco Layug was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 23
Third quarter 2021 earnings: Revenues and EPS in line with analyst expectations Third quarter 2021 results: ₱0.002 loss per share (down from ₱0.001 loss in 3Q 2020). Net loss: ₱1.28m (loss widened 34% from 3Q 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 13
Second quarter 2021 earnings released: ₱0.001 loss per share (vs ₱0.001 loss in 2Q 2020) Second quarter 2021 results: Net loss: ₱582.6k (loss widened 33% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Announcement • May 26
Philippine Collective Media Corporation entered into a Memorandum of Understanding to acquire Prime Media Holdings, Inc. (PSE:PRIM) from RYM Business Management Corporation and others in a reverse merger transaction. Philippine Collective Media Corporation entered into a Memorandum of Understanding to acquire Prime Media Holdings, Inc. (PSE:PRIM) from RYM Business Management Corporation and others in a reverse merger transaction on May 25, 2021. Under the terms, the parties are considering a share-for-share swap transaction whereby Philippine Collective Media Corporation Shareholders will exchange their respective shares in Philippine Collective Media Corporation for shares of common stock in Prime Media Holdings in order to gain majority ownership and control of Prime Media Holdings. In turn, Prime Media Holdings shall acquire Philippine Collective Media Corporation, which will become the Prime Media Holdings' wholly-owned subsidiary. The parties will conduct their respective due diligence and thereafter execute such Definitive Agreements to implement the transaction in a period of 30 days. Reported Earnings • May 26
First quarter 2021 earnings released: ₱0.001 loss per share (vs ₱0.001 loss in 1Q 2020) First quarter 2021 results: Net loss: ₱629.5k (loss narrowed 28% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Mar 24
Treasurer & Director recently sold ₱626k worth of stock On the 18th of March, Rolando Santos sold around 189k shares on-market at roughly ₱3.31 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₱227k more than they bought in the last 12 months. Recent Insider Transactions • Mar 09
Treasurer & Director recently bought ₱529k worth of stock On the 1st of March, Rolando Santos bought around 189k shares on-market at roughly ₱2.80 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought ₱399k more in shares than they have sold in the last 12 months. Is New 90 Day High Low • Feb 27
New 90-day high: ₱2.57 The company is up 182% from its price of ₱0.91 on 27 November 2020. The Filipino market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Diversified Financial industry, which is up 5.0% over the same period. Executive Departure • Feb 26
Director has left the company On the 23rd of February, Antonio Tiu's tenure as Director ended after 1.2 years in the role. As of December 2020, Antonio personally held only 1.00k shares (₱860 worth at the time). Antonio is the only executive to leave the company over the last 12 months. Announcement • Feb 24
Prime Media Holdings, Inc. Announces Resignation of Mr. Antonio L. Tiu as Director Prime Media Holdings, Inc. announced resignation of Mr. Antonio L. Tiu as Director, effective Feb. 23, 2021. Recent Insider Transactions • Feb 24
Treasurer & Director recently bought ₱262k worth of stock On the 18th of February, Rolando Santos bought around 150k shares on-market at roughly ₱1.75 per share. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Is New 90 Day High Low • Feb 09
New 90-day high: ₱1.10 The company is up 33% from its price of ₱0.83 on 11 November 2020. The Filipino market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Diversified Financial industry, which is up 3.0% over the same period. Is New 90 Day High Low • Dec 16
New 90-day high: ₱0.97 The company is up 21% from its price of ₱0.80 on 18 September 2020. The Filipino market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Diversified Financial industry, which is up 24% over the same period. Reported Earnings • Nov 22
Third quarter 2020 earnings released: ₱0.001 loss per share Third quarter 2020 results: Net loss: ₱959.0k (loss widened 30% from 3Q 2019). Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Nov 14
New 90-day high: ₱0.84 The company is up 5.0% from its price of ₱0.80 on 14 August 2020. The Filipino market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Diversified Financial industry, which is up 23% over the same period.