Announcement • Apr 20
Media Times Limited to Report Q3, 2026 Results on Apr 28, 2026 Media Times Limited announced that they will report Q3, 2026 results on Apr 28, 2026 Reported Earnings • Mar 04
Second quarter 2026 earnings released: EPS: PK₨4.03 (vs PK₨0.009 in 2Q 2025) Second quarter 2026 results: EPS: PK₨4.03 (up from PK₨0.009 in 2Q 2025). Net income: PK₨719.6m (up PK₨717.9m from 2Q 2025). Over the last 3 years on average, earnings per share has increased by 128% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth. Announcement • Feb 19
Media Times Limited to Report Q2, 2026 Results on Feb 26, 2026 Media Times Limited announced that they will report Q2, 2026 results at 9:30 AM, Pakistan Standard Time on Feb 26, 2026 New Risk • Oct 25
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 0.09x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.09x net interest cover). Share price has been highly volatile over the past 3 months (14% average weekly change). Negative equity (-PK₨1.1b). Revenue is less than US$1m (PK₨151m revenue, or US$536k). Market cap is less than US$10m (PK₨937.2m market cap, or US$3.33m). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.8% net profit margin). Reported Earnings • Oct 09
Full year 2025 earnings released: PK₨0.004 loss per share (vs PK₨0.017 loss in FY 2024) Full year 2025 results: PK₨0.004 loss per share (improved from PK₨0.017 loss in FY 2024). Revenue: PK₨152.9m (up 127% from FY 2024). Net loss: PK₨792.0k (loss narrowed 74% from FY 2024). 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 37% per year, which means it is significantly lagging earnings growth. Announcement • Oct 08
Media Times Limited, Annual General Meeting, Oct 28, 2025 Media Times Limited, Annual General Meeting, Oct 28, 2025. Location: registered office, first capital house,96-b-1, m.m.alam road, gulberg-iii, lahore Pakistan Valuation Update With 7 Day Price Move • Sep 16
Investor sentiment improves as stock rises 36% After last week's 36% share price gain to PK₨4.96, the stock trades at a trailing P/E ratio of 14.1x. Average trailing P/E is 19x in the Media industry in Asia. Total returns to shareholders of 148% over the past three years. Valuation Update With 7 Day Price Move • Sep 01
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to PK₨4.01, the stock trades at a trailing P/E ratio of 11.4x. Average trailing P/E is 19x in the Media industry in Asia. Total returns to shareholders of 81% over the past three years. Valuation Update With 7 Day Price Move • Jul 23
Investor sentiment improves as stock rises 32% After last week's 32% share price gain to PK₨3.67, the stock trades at a trailing P/E ratio of 10.5x. Average trailing P/E is 18x in the Media industry in Asia. Total returns to shareholders of 96% over the past three years. Valuation Update With 7 Day Price Move • Jun 13
Investor sentiment improves as stock rises 28% After last week's 28% share price gain to PK₨2.71, the stock trades at a trailing P/E ratio of 7.7x. Average trailing P/E is 17x in the Media industry in Asia. Total returns to shareholders of 24% over the past three years. Reported Earnings • May 11
Third quarter 2025 earnings released: EPS: PK₨0.17 (vs PK₨0.42 in 3Q 2024) Third quarter 2025 results: EPS: PK₨0.17 (down from PK₨0.42 in 3Q 2024). Revenue: PK₨38.4m (up 164% from 3Q 2024). Net income: PK₨30.0m (down 60% from 3Q 2024). Profit margin: 78% (down from 512% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. New Risk • May 08
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 Pakistani stocks, typically moving 6.3% 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 Interest payments are not well covered by earnings (0.2x net interest cover). Negative equity (-PK₨1.0b). Revenue is less than US$1m (PK₨130m revenue, or US$460k). Market cap is less than US$10m (PK₨307.6m market cap, or US$1.09m). Minor Risks Share price has been volatile over the past 3 months (6.3% average weekly change). Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • May 08
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to PK₨1.50, the stock trades at a trailing P/E ratio of 4.3x. Average trailing P/E is 17x in the Media industry in Asia. Total loss to shareholders of 24% over the past three years. Valuation Update With 7 Day Price Move • Jan 02
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to PK₨2.60, the stock trades at a trailing P/E ratio of 24.5x. Average trailing P/E is 18x in the Media industry in Asia. Total returns to shareholders of 11% over the past three years. Valuation Update With 7 Day Price Move • Dec 18
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to PK₨2.25, the stock trades at a trailing P/E ratio of 21.2x. Average trailing P/E is 18x in the Media industry in Asia. Total returns to shareholders of 4.2% over the past three years. Valuation Update With 7 Day Price Move • Nov 27
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to PK₨2.23, the stock trades at a trailing P/E ratio of 21x. Average trailing P/E is 17x in the Media industry in Asia. Total loss to shareholders of 4.3% over the past three years. New Risk • Oct 11
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: -PK₨12m 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 (-PK₨12m free cash flow). Share price has been highly volatile over the past 3 months (19% average weekly change). Negative equity (-PK₨1.1b). Revenue is less than US$1m (PK₨67m revenue, or US$242k). Market cap is less than US$10m (PK₨391.7m market cap, or US$1.41m). Reported Earnings • Oct 09
Full year 2024 earnings released: PK₨0.02 loss per share (vs PK₨0.62 loss in FY 2023) Full year 2024 results: PK₨0.02 loss per share (improved from PK₨0.62 loss in FY 2023). Revenue: PK₨67.2m (down 39% from FY 2023). Net loss: PK₨3.07m (loss narrowed 97% from FY 2023). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Announcement • Oct 09
Media Times Limited, Annual General Meeting, Oct 28, 2024 Media Times Limited, Annual General Meeting, Oct 28, 2024. Location: at company`s registered office, first capital house, 96-b-1,m.m.alam road, gulberg-iii, lahore Pakistan Reported Earnings • May 02
Third quarter 2024 earnings released: EPS: PK₨0.42 (vs PK₨0.24 loss in 3Q 2023) Third quarter 2024 results: EPS: PK₨0.42 (up from PK₨0.24 loss in 3Q 2023). Revenue: PK₨14.5m (down 26% from 3Q 2023). Net income: PK₨74.4m (up PK₨117.3m from 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 20% per year, which means it is performing significantly worse than earnings. Reported Earnings • Mar 06
Second quarter 2024 earnings released Second quarter 2024 results: Revenue: PK₨14.8m (down 63% from 2Q 2023). Net loss: PK₨86.4m (loss widened 143% from 2Q 2023). Reported Earnings • Oct 12
Full year 2023 earnings released: PK₨0.62 loss per share (vs PK₨0.47 loss in FY 2022) Full year 2023 results: PK₨0.62 loss per share (further deteriorated from PK₨0.47 loss in FY 2022). Revenue: PK₨111.0m (down 26% from FY 2022). Net loss: PK₨110.5m (loss widened 32% from FY 2022). Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 1% per year. Announcement • Jul 04
Media Times Limited Announces Chief Financial Officer Changes Media Times Limited announced the appointment of Mr. Asad Yar Khan as the new Chief Financial Officer (CFO) of the company. Mr. Khan will be assuming the role previously held by Mr. Muhammad Waheed Asghar, effective from June 29, 2023. Reported Earnings • Feb 26
Second quarter 2023 earnings released: PK₨0.20 loss per share (vs PK₨0.063 loss in 2Q 2022) Second quarter 2023 results: PK₨0.20 loss per share (further deteriorated from PK₨0.063 loss in 2Q 2022). Revenue: PK₨40.2m (up 21% from 2Q 2022). Net loss: PK₨35.5m (loss widened 214% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 1 highly experienced director. 1 independent director (5 non-independent directors). Independent Director Mohammad Khan 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. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 1 highly experienced director. 2 independent directors (5 non-independent directors). Independent Director Mohammad Khan was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Oct 06
Full year 2021 earnings released: PK₨0.64 loss per share (vs PK₨0.61 loss in FY 2020) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2021 results: Revenue: PK₨117.8m (down 25% from FY 2020). Net loss: PK₨114.5m (loss widened 4.1% from FY 2020). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 29
Third quarter 2021 earnings released: PK₨0.09 loss per share (vs PK₨0.11 loss in 3Q 2020) The company reported a soft third quarter result with weaker revenues and control over costs, although losses reduced. Third quarter 2021 results: Revenue: PK₨28.8m (down 30% from 3Q 2020). Net loss: PK₨15.7m (loss narrowed 19% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 19% per year and the company’s share price has also increased by 19% per year. Reported Earnings • Feb 28
Second quarter 2021 earnings released: PK₨0.21 loss per share (vs PK₨0.16 loss in 2Q 2020) The company reported a poor second quarter result with increased losses, weaker revenues and weaker control over costs. Second quarter 2021 results: Revenue: PK₨26.9m (down 40% from 2Q 2020). Net loss: PK₨37.6m (loss widened 29% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth. Is New 90 Day High Low • Feb 09
New 90-day high: PK₨2.29 The company is up 114% from its price of PK₨1.07 on 11 November 2020. The Pakistani market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Media industry, which is flat over the same period. Is New 90 Day High Low • Jan 13
New 90-day high: PK₨1.89 The company is up 31% from its price of PK₨1.44 on 15 October 2020. The Pakistani market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Media industry, which is down 4.0% over the same period. Is New 90 Day High Low • Dec 22
New 90-day high: PK₨1.60 The company is up 6.0% from its price of PK₨1.51 on 23 September 2020. The Pakistani market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Media industry, which is flat over the same period. Is New 90 Day High Low • Nov 06
New 90-day low: PK₨1.16 The company is down 15% from its price of PK₨1.36 on 07 August 2020. The Pakistani market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is up 2.0% over the same period. Reported Earnings • Nov 01
First quarter earnings released Over the last 12 months the company has reported total losses of PK₨127.6m, with losses narrowing by 48% from the prior year. Total revenue was PK₨141.7m over the last 12 months, up 4.6% from the prior year. Reported Earnings • Oct 10
Full year earnings released - PK₨0.62 loss per share Over the last 12 months the company has reported total losses of PK₨110.0m, with losses narrowing by 55% from the prior year. Total revenue was PK₨156.5m over the last 12 months, down 12% from the prior year. 
