Reported Earnings • Jul 15
Full year 2026 earnings released: S$0.001 loss per share (vs S$0.001 loss in FY 2025) Full year 2026 results: S$0.001 loss per share (in line with FY 2025). Revenue: S$20.8m (up 22% from FY 2025). Net loss: S$1.42m (loss narrowed 34% from FY 2025). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings. Announcement • Jul 13
New Wave Holdings Ltd., Annual General Meeting, Jul 30, 2026 New Wave Holdings Ltd., Annual General Meeting, Jul 30, 2026, at 10:00 Singapore Standard Time. Location: 600 north bridge road, 23-01 parkview square singapore 188778, Singapore Reported Earnings • May 31
Full year 2026 earnings released: S$0.001 loss per share (vs S$0.001 loss in FY 2025) Full year 2026 results: S$0.001 loss per share (in line with FY 2025). Revenue: S$20.8m (up 22% from FY 2025). Net loss: S$1.41m (loss narrowed 34% from FY 2025). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Board Change • Jan 02
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. 4 non-independent directors. Non-Executive Independent Chairman Beng Keng Soh was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Aug 28
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. 4 non-independent directors. Non-Executive Independent Chairman Beng Keng Soh was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Jul 15
New Wave Holdings Ltd., Annual General Meeting, Jul 30, 2025 New Wave Holdings Ltd., Annual General Meeting, Jul 30, 2025, at 10:00 Singapore Standard Time. Location: 8 first lok yang road, singapore 62973, Singapore Board Change • Jul 02
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. 4 non-independent directors. Independent Non-Executive Director Beng Keng Soh was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • May 31
Full year 2025 earnings released: S$0.001 loss per share (vs S$0.003 loss in FY 2024) Full year 2025 results: S$0.001 loss per share (improved from S$0.003 loss in FY 2024). Revenue: S$17.1m (up 13% from FY 2024). Net loss: S$2.15m (loss narrowed 51% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance. Board Change • Apr 24
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. 4 non-independent directors. Independent Non-Executive Director Beng Keng Soh was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Mar 03
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. 4 non-independent directors. Independent Non-Executive Director Beng Keng Soh was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jan 07
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. 4 non-independent directors. Independent Non-Executive Director Beng Keng Soh was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Nov 14
New major risk - Revenue and earnings growth Earnings have declined by 19% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings have declined by 19% per year over the past 5 years. Market cap is less than US$10m (S$6.91m market cap, or US$5.15m). Board Change • Aug 02
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. 4 non-independent directors. Independent Non-Executive Director Beng Keng Soh was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Jul 13
New Wave Holdings Ltd., Annual General Meeting, Jul 29, 2024 New Wave Holdings Ltd., Annual General Meeting, Jul 29, 2024, at 10:00 Singapore Standard Time. Location: 8 first lok yang road, singapore 629731, Singapore Announcement • Jun 26
New Wave Holdings Ltd. Appoints XIE XINGBEI, PEARLYN as Independent Non-Executive Director, Effective June 26, 2024 New Wave Holdings Ltd. announced the appointment of XIE XINGBEI, PEARLYN as Independent Non-executive Director. Working Experience is 2008 to present - Advocate and Solicitor at ShookLin & Bok LLP Current Position - Partner, ShookLin & Bok LLP. Other DirectorShips Present:- Partner, ShookLin & Bok LLP. Director Experience Details are Pursuant to Catalist Rule 406(3)(a), the Company will arrange for Ms Xie to attend the requisite training programs prescribed by the Exchange within one year from the date of her appointment to the Board. Professional Qualifications are Bachelor of Law Degree (Second Class (Upper Division) Honours) from the National University of Singapore Member of the Law Society of Singapore. Appointment Date is June 26, 2024. Reported Earnings • Jun 05
Full year 2024 earnings released: S$0.002 loss per share (vs S$0 in FY 2023) Full year 2024 results: S$0.002 loss per share (further deteriorated from S$0 in FY 2023). Revenue: S$15.2m (down 35% from FY 2023). Net loss: S$4.33m (loss widened S$3.74m from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 53 percentage points per year, which is a significant difference in performance. New Risk • May 28
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Market cap is less than US$10m (S$5.18m market cap, or US$3.85m). Minor Risk Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Announcement • May 23
New Wave Holdings Ltd. to Report Fiscal Year 2024 Results on May 30, 2024 New Wave Holdings Ltd. announced that they will report fiscal year 2024 results on May 30, 2024 Board Change • Mar 18
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. No experienced directors. 6 highly experienced directors. 2 independent directors (4 non-independent directors). Independent Non-Executive Chairman Tito Shane Isaac was the last independent director to join the board, commencing their role in 2006. 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 • Feb 29
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. No experienced directors. 6 highly experienced directors. 2 independent directors (4 non-independent directors). Independent Non-Executive Chairman Tito Shane Isaac was the last independent director to join the board, commencing their role in 2006. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Dec 29
New Wave Holdings Ltd. Announces Change of Joint Company Secretary The Board of Directors of New Wave Holdings Ltd. announce that Ms. Koh Ee Koon (‘Ms. Koh’) will retire as the Joint Company Secretary of the Company with effect from 31 December 2023. Ms. Chng Thian Hooi will be appointed as the Joint Company Secretary of the Company in place of Ms. Koh with effect from 2 January 2024. Following the above changes, the Joint Company Secretaries of the Company will be Ms. Koh Geok Hoon and Ms. Chng Thian Hooi. Board Change • Oct 11
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. No experienced directors. 6 highly experienced directors. 2 independent directors (4 non-independent directors). Independent Non-Executive Chairman Tito Shane Isaac was the last independent director to join the board, commencing their role in 2006. 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 • Jul 13
Full year 2023 earnings released: EPS: S$0 (vs S$0.001 in FY 2022) Full year 2023 results: EPS: S$0 (down from S$0.001 in FY 2022). Revenue: S$23.4m (down 14% from FY 2022). Net loss: S$591.5k (down 140% from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Announcement • Jul 12
New Wave Holdings Ltd., Annual General Meeting, Jul 28, 2023 New Wave Holdings Ltd., Annual General Meeting, Jul 28, 2023, at 10:30 Singapore Standard Time. Location: 8 First Lok Yang Road, Singapore 629731 Singapore Singapore Agenda: To receive and adopt the Directors' Statement and Audited Financial Statements for the year ended 31 March 2023 together with the Independent Auditor's Report thereon; to re-elect Mr Lee Teong Sang as a Director of the Company; to re-elect Mr Ong Kian Soon as a Director of the Company; to approve the payment of Directors' fees of S$58,000 for the financial year ended 31 March 2023; to re-appoint BDO LLP as Independent Auditor of the Company and authorize the Directors to fix its remuneration; and to consider other business matters. Reported Earnings • Jun 01
Full year 2023 earnings released: EPS: S$0 (vs S$0.001 in FY 2022) Full year 2023 results: EPS: S$0 (down from S$0.001 in FY 2022). Revenue: S$23.4m (down 14% from FY 2022). Net loss: S$591.0k (down 140% from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 16
First half 2023 earnings released: EPS: S$0 (vs S$0 in 1H 2022) First half 2023 results: EPS: S$0 (in line with 1H 2022). Revenue: S$13.2m (up 10% from 1H 2022). Net income: S$10.0k (down 97% from 1H 2022). Profit margin: 0.1% (down from 2.6% in 1H 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging 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. No experienced directors. 6 highly experienced directors. 2 independent directors (4 non-independent directors). Independent Non-Executive Chairman Tito Shane Isaac was the last independent director to join the board, commencing their role in 2006. 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 • Nov 13
First half 2023 earnings released: EPS: S$0 (vs S$0 in 1H 2022) First half 2023 results: EPS: S$0 (in line with 1H 2022). Revenue: S$13.2m (up 10% from 1H 2022). Net income: S$10.0k (down 97% from 1H 2022). Profit margin: 0.1% (down from 2.6% in 1H 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jul 07
Full year 2022 earnings released: EPS: S$0.001 (vs S$0 in FY 2021) Full year 2022 results: EPS: S$0.001 (up from S$0 in FY 2021). Revenue: S$27.2m (up 65% from FY 2021). Net income: S$1.48m (up S$2.27m from FY 2021). Profit margin: 5.4% (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 increased by 72% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Announcement • Jul 06
New Wave Holdings Ltd., Annual General Meeting, Jul 28, 2022 New Wave Holdings Ltd., Annual General Meeting, Jul 28, 2022, at 10:00 Singapore Standard Time. Agenda: To receive and adopt the Directors' Statement and Audited Financial Statements for the year ended 31 March 2022 together with the Independent Auditor's Report thereon; to re-elect Mr Tito Shane Isaac as a Director of the Company; to re-elect Mr Tan Bon Tan as a Director of the Company; to approve the payment of Directors' fees of SGD 46,000 for the financial year ended 31 March 2022 (FY2021: SGD 46,000); to re-appoint BDO LLP as Independent Auditor of the Company and authorize the Directors to fix its remuneration; and to consider other matters. Reported Earnings • May 30
Full year 2022 earnings released: EPS: S$0.001 (vs S$0 in FY 2021) Full year 2022 results: EPS: S$0.001 (up from S$0 in FY 2021). Revenue: S$27.2m (up 65% from FY 2021). Net income: S$1.48m (up S$2.27m from FY 2021). Profit margin: 5.5% (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 increased by 73% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. 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. No experienced directors. 6 highly experienced directors. 2 independent directors (4 non-independent directors). Independent Non-Executive Chairman Tito Shane Isaac was the last independent director to join the board, commencing their role in 2006. 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 • May 28
Full year 2021 earnings released The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2021 results: Revenue: S$16.5m (up 17% from FY 2020). Net loss: S$733.0k (loss narrowed 66% from FY 2020). 
