New Risk • Apr 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 Singaporean stocks, typically moving 9.1% 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 Earnings have declined by 0.9% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.1% average weekly change). Market cap is less than US$100m (S$53.9m market cap, or US$42.2m). Board Change • Mar 02
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. CEO & Executive Chairman Li Ern Sim is the most experienced director on the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Feb 15
First half 2026 earnings released: US$0.02 loss per share (vs US$0.09 loss in 1H 2025) First half 2026 results: US$0.02 loss per share (improved from US$0.09 loss in 1H 2025). Revenue: US$34.2m (down 8.6% from 1H 2025). Net loss: US$1.24m (loss narrowed 80% from 1H 2025). Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings. New Risk • Jan 30
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 Singaporean stocks, typically moving 8.6% 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 Risk Earnings have declined by 2.6% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.6% average weekly change). Market cap is less than US$100m (S$52.8m market cap, or US$41.7m). Announcement • Jan 06
Creative Technology Ltd. Announces Appointment of Sim Li Ern as Chief Executive Officer, Effective January 5, 2026 CREATIVE TECHNOLOGY LTD. announced the appointment of Sim Li Ern as Chief Executive Officer effective January 5, 2026. The Board of Directors of the Company has reviewed the Nominating Committee's recommendation and the qualifications, experiences and suitability of Mr. Sim, and accordingly, the Board has approved the appointment of Mr. Sim as the Chief Executive Officer of the Company. The appointment is Executive. Sim Li Ern's working experience includes Vice President, Sales & Marketing Creative Technology Ltd. (2025 to present), Regional Sales Manager, Asia Creative Labs Pte Ltd. (2018 to 2023), and Regional Sales Manager, India & Subcontinents Creative Technology Ltd. (2014 to 2018). He holds a Bachelor of Engineering (Class 1 Honours) in Electronic Engineering (Communications) from University of Sheffield and a Diploma in Electronic and Electrical Engineering from Singapore Polytechnic. Mr. Sim Li Ern is a nephew of Mr. Sim Wong Hoo, the late Chairman and CEO of the Company. He is also the Administrator of the estate of Mr. Sim Wong Hoo who is the substantial shareholder of the Company. Mr. Sim Li Ern is a nephew of Mr. Sim Guan Huat, a Non-Independent Non-Executive Director. His present directorships include CL Direct Pte. Ltd., Creative Labs International Pte. Ltd. (Under Liquidation), Creative Labs Pte. Ltd., CTI (H) Pte. Ltd., SXFI Pte. Ltd. (Under Liquidation), Creative Technology International Limited, CTI Limited, CTI II Limited, and CTIC Limited. Reported Earnings • Oct 15
Full year 2025 earnings released: US$0.15 loss per share (vs US$0.15 loss in FY 2024) Full year 2025 results: US$0.15 loss per share (improved from US$0.15 loss in FY 2024). Revenue: US$67.4m (up 7.4% from FY 2024). Net loss: US$10.4m (loss narrowed 3.5% from FY 2024). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. Announcement • Oct 13
Creative Technology Ltd, Annual General Meeting, Oct 29, 2025 Creative Technology Ltd, Annual General Meeting, Oct 29, 2025, at 10:30 Singapore Standard Time. Location: 31 international business park, 03-01, singapore 609921, Singapore Reported Earnings • Aug 23
Full year 2025 earnings released: US$0.15 loss per share (vs US$0.15 loss in FY 2024) Full year 2025 results: US$0.15 loss per share (improved from US$0.15 loss in FY 2024). Revenue: US$67.4m (up 7.4% from FY 2024). Net loss: US$10.4m (loss narrowed 3.5% from FY 2024). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings. Announcement • Jul 11
Creative Technology Ltd Provides Earnings Guidance for the Second Half Year of the Financial Year Ended 30 June 2025 Creative Technology Ltd. provided earnings guidance for the second half year of the financial year ended 30 June 2025. For the period, the company's revenue is expected to be below target, at approximately USD 30 million, and the Group is expected to report a similar level of operating loss to that of the first half year. In the second half year of Fiscal Year 2025, the Group's revenue was negatively impacted by the uncertain macroeconomic conditions and weakening consumer sentiments resulting from the US trade tariffs and global trade tensions. These factors have adversely affected the business environment in many markets for the Group's products. Meanwhile, Creative is ramping up initiatives to boost revenue growth while optimising resources. Announcement • Mar 22
Creative Technology Ltd Announces Resignation of Ng Kai Wa as Non-Executive Non-Independent Director Creative Technology Ltd. announced resignation of Mr. Ng Kai Wa as Non-Executive Non-Independent Director. Job Title is Member of Audit Committee. Other DirectorShips Past: Innomedia Pte Ltd, Director. Other DirectorShips Present is Innomedia Pte Ltd, Director. Reason For Cessation: Mr. Ng has resigned as Non-Executive Non-Independent Director of the Company due to personal reasons. Following his resignation, Mr. Ng will relinquish his role as a member of Audit Committee. Reported Earnings • Feb 11
First half 2025 earnings released: US$0.09 loss per share (vs US$0.06 loss in 1H 2024) First half 2025 results: US$0.09 loss per share (further deteriorated from US$0.06 loss in 1H 2024). Revenue: US$37.4m (up 18% from 1H 2024). Net loss: US$6.07m (loss widened 49% from 1H 2024). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings. Announcement • Feb 10
Creative Technology Ltd Announces Redesignation of Sim Li Ern from Non-Executive and Non-Independent Director to Executive Director Creative Technology Ltd. Board of Directors of the Company has reviewed the qualifications, experiences and suitability of Mr. Sim Li Ern, and accordingly, the Board has approved the appointment of Mr. Sim as Executive Director of the Company. Role And Responsibilities: The appointment is Executive. Area of responsibility is in sales and marketing. Job Title: Vice President, Sales & Marketing. Working Experience: Regional Sales Manager, Asia Creative Labs Pte Ltd. (2018 to 2023) Regional Sales Manager, India & Subcontinents Creative Technology Ltd. (2014 to 2018). Director Experience Details: Creative Technology Ltd. Non-Executive and Non-Independent Director; Event Description: Redesignation of Mr. Sim Li Ern from Non-Executive and Non-Independent Director to Executive Director with effect from 10 February 2025. Professional Qualifications: Bachelor of Engineering (Class 1 Honours) in Electronic Engineering (Communications) from University of Sheffied Diploma in Electronic and Electrical Engineering from Singapore Polytechnic . Reported Earnings • Oct 11
Full year 2024 earnings released: US$0.15 loss per share (vs US$0.24 loss in FY 2023) Full year 2024 results: US$0.15 loss per share (improved from US$0.24 loss in FY 2023). Revenue: US$62.8m (up 12% from FY 2023). Net loss: US$10.8m (loss narrowed 35% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 14% per year whereas the company’s share price has fallen by 19% per year. Announcement • Oct 10
Creative Technology Ltd, Annual General Meeting, Oct 25, 2024 Creative Technology Ltd, Annual General Meeting, Oct 25, 2024, at 10:30 Singapore Standard Time. Location: 31 international business park, 03-01, singapore 609921, Singapore Board Change • Oct 01
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Non-Executive Independent Director Desmond Lim was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. New Risk • Aug 26
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 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 Risk Earnings have declined by 38% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Market cap is less than US$100m (S$84.5m market cap, or US$64.9m). Reported Earnings • Aug 24
Full year 2024 earnings released: US$0.15 loss per share (vs US$0.24 loss in FY 2023) Full year 2024 results: US$0.15 loss per share (improved from US$0.24 loss in FY 2023). Revenue: US$62.8m (up 12% from FY 2023). Net loss: US$10.8m (loss narrowed 35% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has fallen by 21% per year, which means it is performing significantly worse than earnings. Announcement • May 10
Creative Technology Ltd to Unveil Super X-Fi Gen4 Audio Profile Creative Technology Ltd. will be unveiling the all-new Super X-Fi Gen4 audio profile. This latest release boasts significant enhancements in dynamic range, clarity, and spatial awareness. The Super X-Fi Gen4 isn't just raising the bar; it's redefining the standard for immersive audio experiences. With this latest update, users can enjoy an expanded dynamic range, delivering richer, more detailed audio reproduction. Coupled with improved clarity, users can indulge in crystal-clear sound that captures every subtle nuance, while the refined sense of space offers a more expansive and lifelike soundstage. Super X-Fi technology elevates the audio experience for users by recreating the immersive soundstage of high-end surround speaker systems within headphones, further personalized by the power of Artificial Intelligence (AI) for a remarkably natural listening experience. Since its debut at CES 2019, users and critics have been impressed by the realism of personalized audio, which is tailored according to their anthropometric profiles. From immersing in the heart-pounding action of a blockbuster movie to feeling the raw energy of a live concert or delving into the captivating world of gaming, Super X-Fi can bring it all to life with breath-taking detail and precision. Originally engineered for headphones, Super X-Fi has elevated personal audio to new heights with its personalized spatial holographic experience. Now, this innovative technology is poised to transform the home entertainment landscape by bringing the same revolutionary experience to speaker systems. The debut of Super X-Fi for speakers brings a new dimension to home entertainment, effortlessly turning any living space into a vibrant concert hall or theatre. With every note, beat, and sound resonating with captivating realism and depth, users can expect an immersive listening journey, mirroring the satisfaction long enjoyed by Super X-Fi headphone users. Super X-Fi Gen4 will be rolled out worldwide in June, with users simply needing to configure and download their new profiles through the SXFI APP. Soon, Creative Technology will unveil the integration of Super X-Fi technology across its upcoming product line-up, spanning from True Wireless Stereo (TWS) earbuds to premium headphones and speakers. This expansion will enable users to seamlessly tap into the world of Super X-Fi across their preferred streaming platforms like Netflix, YouTube, and Spotify, even on compact earbuds and speakers-a pioneering feat for Super X-Fi technology. Announcement • Mar 01
Creative Technology Ltd Announces the Re-Designation of Kwang Toh Kay from Non-Executive Independent Director to Executive Director Creative Technology Ltd. announced the re-designation of Kwang Toh Kay from Non-Executive Independent Director to Executive Director with effect from 1 March 2024. Professional Qualifications are Diploma in Electronics, Computer and Communications Engineering from Singapore Polytechnic Graduate Diploma in Financial Management, Accounting and Finance from Association of Chartered Certified Accountants Bachelor of Engineering (1st Class honours) from University of Birmingham Master of Business Administration from University of Chicago Booth School of Business. Reported Earnings • Feb 13
First half 2024 earnings released: US$0.06 loss per share (vs US$0.15 loss in 1H 2023) First half 2024 results: US$0.06 loss per share (improved from US$0.15 loss in 1H 2023). Revenue: US$31.8m (up 13% from 1H 2023). Net loss: US$4.07m (loss narrowed 62% from 1H 2023). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings. Announcement • Feb 07
Creative Technology Ltd Announces Redesignation of Ng Kai Wa from Non-Executive Independent Acting Vice Chairman to Non-Executive Independent Vice Chairman Creative Technology Ltd. announced Redesignation of Mr. Ng Kai Wa from Non-Executive Independent Acting Vice Chairman to Non-Executive Independent Vice Chairman with effect from 7 February 2024. Working Experience: InnoMedia Pte Ltd. (1995 to present) Co-Founder, Chairman and Chief Executive Officer. Professional Qualifications: Executive Master of Business Administration Degree from the National University of Singapore Diploma in Electronic and Electrical Engineering from Ngee Ann Polytechnic. Reported Earnings • Oct 13
Full year 2023 earnings released: US$0.24 loss per share (vs US$0.16 loss in FY 2022) Full year 2023 results: US$0.24 loss per share (further deteriorated from US$0.16 loss in FY 2022). Revenue: US$56.2m (down 8.3% from FY 2022). Net loss: US$16.7m (loss widened 52% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Announcement • Oct 12
Creative Technology Ltd, Annual General Meeting, Oct 18, 2023 Creative Technology Ltd, Annual General Meeting, Oct 18, 2023, at 10:30 Singapore Standard Time. Agenda: To receive and adopt the Directors' Statement and the Audited Financial Statements of the Company for the financial year ended 30 June 2023 and the Auditors' Report thereon; To re-elect Mr. Lee Gwong-Yih, who will retire from the Board as Director of the Company; To re-elect Mr. Kwang Toh Kay, who will retire from the Board as Director of the Company; To re-elect Mr. Sim Li Ern, who will retire from the Board as Director of the Company. Reported Earnings • Aug 19
Full year 2023 earnings released: US$0.24 loss per share (vs US$0.16 loss in FY 2022) Full year 2023 results: US$0.24 loss per share (further deteriorated from US$0.16 loss in FY 2022). Revenue: US$56.2m (down 8.3% from FY 2022). Net loss: US$16.7m (loss widened 52% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 20% per year whereas the company’s share price has fallen by 25% per year. New Risk • Aug 17
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. 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 Risk Earnings have declined by 60% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Market cap is less than US$100m (S$86.6m market cap, or US$63.7m). Reported Earnings • Feb 15
First half 2023 earnings released: US$0.15 loss per share (vs US$0.02 profit in 1H 2022) First half 2023 results: US$0.15 loss per share (down from US$0.02 profit in 1H 2022). Revenue: US$28.2m (down 17% from 1H 2022). Net loss: US$10.6m (down US$11.8m from profit in 1H 2022). Over the last 3 years on average, earnings per share has fallen by 16% per year whereas the company’s share price has fallen by 18% per year. Announcement • Jan 06
Creative Technology Ltd. Announces Management Changes The board of directors of Creative Technology Ltd. announced that Mr. Sim Wong Hoo, Chairman, Chief Executive Officer, Chairman of Remuneration Committee and member of Nominating Committee of the Company, passed away peacefully on 4 January 2023. Mr. Sim founded the Company in 1981 and has been the Chairman and Chief Executive Office since inception. Mr. Sim has played an instrumental role in developing the business and has provided the Company with strong leadership and vision. Under his guidance, the Company became famous for the Sound Blaster sound cards and is a worldwide leader in digital entertainment products. The Company also launched the multimedia revolution that drives digital entertainment with cutting-edge audio solutions which include premium wireless speakers, wireless headphones, powerful audiophile-grade amplifiers and digital audio converters, and next-generation home-theatre systems. Following Mr. Sim's demise, the Board has, during this transition period, appointed Mr. Lee Kheng Nam, Lead Independent Non-Executive Director, as acting Chairman, and Mr. Ng Kai Wa, Independent Non-Executive Director, as acting Vice Chairman. The Board has also appointed Mr. Song Siow Hui, President of the Company's Creative Labs Business Unit, interim Chief Executive Officer. Announcement • Jan 05
Creative Technology Ltd Announces Demise of Sim Wong Hoo, Chief Executive Officer The board of directors of Creative Technology Ltd. announced that Mr. Sim Wong Hoo, Chairman and Chief Executive Officer of the Company, passed away peacefully on 4 January 2023. Mr. Sim founded the Company in 1981 and has been the Chairman and Chief Executive Office since inception. Mr. Sim has played an instrumental role in developing the business and has provided the Company with strong leadership and vision. Under his guidance, the Company became famous for the Sound Blaster sound cards and is a worldwide leader in digital entertainment products. The Company also launched the multimedia revolution that drives digital entertainment with cutting-edge audio solutions which include premium wireless speakers, wireless headphones, powerful audiophile-grade amplifiers and digital audio converters, and next-generation home-theatre systems. Following Mr. Sim's demise, the Board has, during this transition period, appointed Mr. Lee Kheng Nam, Lead Independent Non-Executive Director, as acting Chairman, and Mr. Ng Kai Wa, Independent Non-Executive Director, as acting Vice Chairman. The Board has also appointed Mr. Song Siow Hui, President of the Company's Creative Labs Business Unit, interim Chief Executive Officer. Reported Earnings • Oct 12
Full year 2022 earnings released Full year 2022 results: Revenue: US$61.3m (down 27% from FY 2021). Net loss: US$11.0m (loss widened 43% from FY 2021). Reported Earnings • Aug 24
Full year 2022 earnings released: US$0.16 loss per share (vs US$0.11 loss in FY 2021) Full year 2022 results: US$0.16 loss per share (down from US$0.11 loss in FY 2021). Revenue: US$61.3m (down 27% from FY 2021). Net loss: US$11.0m (loss widened 43% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 10% per year and the company’s share price has also fallen by 10% per year. Recent Insider Transactions • Mar 24
Independent Non-Executive Director recently bought S$63k worth of stock On the 22nd of March, Yong-Boon Yeo bought around 25k shares on-market at roughly S$2.50 per share. In the last 3 months, they made an even bigger purchase worth S$152k. Insiders have collectively bought S$520k more in shares than they have sold in the last 12 months. Recent Insider Transactions • Mar 15
Independent Non-Executive Director recently bought S$126k worth of stock On the 11th of March, Yong-Boon Yeo bought around 50k shares on-market at roughly S$2.51 per share. In the last 3 months, they made an even bigger purchase worth S$152k. Insiders have collectively bought S$457k more in shares than they have sold in the last 12 months. Recent Insider Transactions • Mar 01
Independent Non-Executive Director recently bought S$152k worth of stock On the 24th of February, Yong-Boon Yeo bought around 60k shares on-market at roughly S$2.53 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought S$332k more in shares than they have sold in the last 12 months. Recent Insider Transactions • Feb 15
Independent Non-Executive Director recently bought S$118k worth of stock On the 11th of February, Yong-Boon Yeo bought around 50k shares on-market at roughly S$2.35 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. Reported Earnings • Feb 11
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: EPS: US$0.02 (up from US$0.001 in 1H 2021). Revenue: US$34.2m (down 28% from 1H 2021). Net income: US$1.24m (up US$1.20m from 1H 2021). Profit margin: 3.6% (up from 0.1% in 1H 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 46 percentage points per year, which is a significant difference in performance. Board Change • Dec 31
High number of new directors Independent Non-Executive Director George Yeo was the last director to join the board, commencing their role in 2021. Reported Earnings • Oct 14
Full year 2021 earnings released: US$0.11 loss per share (vs US$0.25 loss in FY 2020) The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2021 results: Revenue: US$84.5m (up 38% from FY 2020). Net loss: US$7.67m (loss narrowed 56% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 28
Full year 2021 earnings released: US$0.11 loss per share (vs US$0.25 loss in FY 2020) The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2021 results: Revenue: US$84.5m (up 38% from FY 2020). Net loss: US$7.67m (loss narrowed 56% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance. Reported Earnings • Feb 06
First half 2021 earnings released: EPS US$0.001 (vs US$0.12 loss in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: US$47.5m (up 52% from 1H 2020). Net income: US$45.0k (up US$8.51m from 1H 2020). Profit margin: 0.1% (up from net loss in 1H 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 98% per year but the company’s share price has increased by 29% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Jan 11
New 90-day high: S$2.74 The company is up 10.0% from its price of S$2.49 on 13 October 2020. The Singaporean market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is up 33% over the same period. Is New 90 Day High Low • Nov 02
New 90-day low: S$2.34 The company is down 19% from its price of S$2.89 on 04 August 2020. The Singaporean market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is up 2.0% over the same period. Reported Earnings • Oct 15
Full year earnings released - S$0.25 loss per share Over the last 12 months the company has reported total losses of US$17.6m, with losses widening by 359% from the prior year. Total revenue was US$61.2m over the last 12 months, up 11% from the prior year.