Announcement • Apr 13
Global Invacom Group Limited, Annual General Meeting, Apr 28, 2026 Global Invacom Group Limited, Annual General Meeting, Apr 28, 2026, at 14:00 Singapore Standard Time. Location: level 3, room 323, suntec singapore international convention, & exhibition centre, 1 raffles boulevard, singapore 039593, Singapore New Risk • Mar 02
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. 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 3.6% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (S$16.8m market cap, or US$13.3m). Reported Earnings • Feb 26
Full year 2025 earnings released Full year 2025 results: Revenue: US$30.4m (down 12% from FY 2024). Net loss: US$1.81m (loss narrowed 64% from FY 2024). Announcement • Feb 21
Global Invacom Group Limited Provides Preliminary Unaudited Group Earnings Guidance for the Second Half and Full Year Ended 31 December 2025 Global Invacom Group Limited provided preliminary unaudited group earnings guidance for the second half and full year ended 31 December 2025. For the second half, the group expects to report a net profit as compared to a net loss in the first half ended 30 June 2025. The expected net profit is primarily due to the following reasons: A stronger second half of 2025 revenue performance; Accelerated delivery of a major contract on the company’s strategic XRJ product, to fulfil the customer's requirement; Continued improvement to gross profit margin as take up of our new products increases, mainly due to ongoing focus on profit margin improvement; Continued tight control of the Administration costs; and A positive tax credit.
For the full year, the group expects to remain in net loss position. Announcement • Feb 20
Global Invacom Group Limited to Report Fiscal Year 2025 Results on Mar 01, 2026 Global Invacom Group Limited announced that they will report fiscal year 2025 results at 5:00 PM, Singapore Standard Time on Mar 01, 2026 New Risk • Feb 06
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: S$12.5m (US$9.81m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 3.6% per year over the past 5 years. Market cap is less than US$10m (S$12.5m market cap, or US$9.81m). Announcement • Jan 26
Global Invacom Group Limited Appoints Craig William Charles Bowley as Chief Commercial Officer, Effective January 26, 2026 Global Invacom Group Limited announced the appointment of Craig William Charles Bowley as Chief Commercial Officer effective January 26, 2026. The Board of Directors, having considered the recommendation of the Nominating Committee, and having reviewed and considered Mr. Craig Bowley's qualifications and experiences, approved his appointment as the Chief Commercial Officer of the Company. Mr. Bowley holds a Law Degree (Hons) and a Post Graduate Certificate in Business from the University of Hertfordshire. His previous roles include Regional Vice President of Sales, EMEA at ST Engineering iDirect from March 2023 to January 23, 2026; Director of Government and Defence, EMEA at ST Engineering iDirect from January 2020 to January 2023; and Sales Director at ST Engineering iDirect from July 2013 to December 2019. He also served as Chairman for White Waltham Cricket Club (run as a charity sports club) from September 2018 to September 2022. Mr. Bowley is responsible for driving the commercial strategy and revenue growth of the Group. Announcement • Apr 08
Global Invacom Group Limited, Annual General Meeting, Apr 23, 2025 Global Invacom Group Limited, Annual General Meeting, Apr 23, 2025, at 11:00 Singapore Standard Time. Location: the national university of singapore society, suntec city guild house, 3 temasek boulevard, 02-401/402 suntec city mall, singapore 038983, Singapore Announcement • Mar 10
Global Invacom Group Limited Appoints Robert Potter as Chief Technical Officer, Effective March 10, 2025 Global Invacom Group Limited announced the appointment of Mr. Robert Potter, Age 65, as the Chief Technical Officer, effective March 10, 2025. The Board of Directors, after considering the recommendation of the Nominating Committee and reviewing Mr. Potter's qualifications and experiences, approved his appointment. Mr. Potter will be responsible for the continuous development of new technologies and products for current and future market opportunities, communicating with stakeholders on technology advances and changes, and providing guidance and information leading to the strategic direction of the business. Mr. Potter has extensive experience in the field, having served as Chief Technical Officer at Cobham Satcom (Tracker) from June 2022 to March 2025, Director of Tracker and Gateway Development at Cobham Satcom from February 2021 to June 2022, and VP Signals and Ground System Technology at Kratos Space/Kratos Communications from June 2013 to February 2021. He holds a B.Sc. (Hons) in Electronic Engineering from the University of Southampton. Other DirectorShips Past are Chief Technical Officer - Cobham Satcom (Tracker) Director of Tracker and Gateway Development - Cobham Satcom. Announcement • Jul 11
Global Invacom Group Limited to Report First Half, 2024 Results on Aug 14, 2024 Global Invacom Group Limited announced that they will report first half, 2024 results on Aug 14, 2024 Announcement • Jun 19
Global Invacom Group Limited Announces Resignation of Derek Arthur Henry Grice as Chief Technical Officer Global Invacom Group Limited announced resignation of Derek Arthur Henry Grice as Chief Technical Officer. Derek was Responsible for the continuous development of new technologies and products for current and future market opportunities being addressed by the Company, communicate with the stakeholders on technology advances and changes, and provide guidance and information leading to the strategic direction of the business. Reason for Cessation is to pursue other interests. Announcement • May 25
Global Invacom Group Limited Announces Resignation of Wendy Isabel Wong Pei Fern as Group Financial Controller, Effective August 15, 2024 Global Invacom Group Limited announced Resignation of Wendy Isabel Wong Pei Fern as Group Financial Controller. Role And Responsibilities: Jointly responsible for overseeing the Group's financial, accounting, tax, treasury, and compliance matters with the Finance Director. Other Directorships past: Global Invacom Manufacturing (Shanghai) Co Ltd. (Dissolved) Radiance Cayman Limited (Dissolved) Radiance Electronics (Shenzhen) Co Ltd. (Dissolved). Other Directorships present: Global Invacom Manufacturing Pte. Ltd. Global Invacom (Shanghai) Co Ltd. Global Invacom Sdn Bhd PT Global Invacom Indonesia . Reason For Cessation To pursue other interests. Announcement • May 01
Global Invacom Group Limited Announces Board and Board Committee Changes, Effect from 1 May 2024 The Board of Directors of Global Invacom Group Limited announced the appointment of Mr. Alex Tan Tiong Huat ("Mr. Alex Tan") and Mr. David Martin Gilmore ("Mr. Gilmore") as Independent Non-Executive Directors of the Company with effect from 1 May 2024. Following the appointment of Mr. Alex Tan and Mr. Gilmore, with effect from 1 May 2024: Mr. Alex Tan will be appointed as the Chairman of the Audit and Risk Committee ("ARC") and a member of the Nominating Committee in place of Mr. John Lim Yew Kong who had retired at the last annual general meeting held on 24 April 2024; and Mr. Gilmore will be appointed as the Chairman of the Remuneration Committee ("RC") in place of Mr. Wayne Robert Porritt ("Mr. Porritt"), and a member of the ARC in place of Mr. Kenny Sim Mong Keang. Mr. Porritt will remain as a member of the RC. Consequent to the aforesaid appointments and changes, the revised composition of the Board and Board Committees will be as set out below with effect from 1 May 2024: Board of Directors: Mr. Wayne Robert Porritt - Independent Non-Executive Chairman, Mr. Gordon Blaikie- Executive Director and Interim Chief Executive Officer, Mr. Alex Tan Tiong Huat- Independent Non-Executive Director, Mr. David Martin Gilmore- Independent Non-Executive Director, and Mr. Kenny Sim Mong Keang- Non-Independent Non-Executive Director. Audit and Risk Committee: Mr. Alex Tan Tiong Huat- Chairman, Mr. Wayne Robert Porritt- Member, and Mr. David Martin Gilmore- Member. Nominating Committee: Mr. Wayne Robert Porritt - Chairman, Mr. Alex Tan Tiong Huat - Member, Mr. Kenny Sim Mong Keang - Member. Remuneration Committee: Mr. David Martin Gilmore - Chairman, Mr. Wayne Robert Porritt - Member, and Mr. Kenny Sim Mong Keang - Member. Announcement • Apr 02
Global Invacom Group Limited, Annual General Meeting, Apr 24, 2024 Global Invacom Group Limited, Annual General Meeting, Apr 24, 2024, at 11:00 Singapore Standard Time. Location: The National University of Singapore Society, Suntec City Guild House 3 Temasek Boulevard, #02-401/402 Suntec City Mall Singapore Singapore Announcement • Nov 30
Global Invacom Group Limited Announces Management Changes The board of directors of Global Invacom Group Limited to announced the resignation of Mr. Cosimo Borrelli as Independent Director of the Company with effect from 30 November 2023. Following the resignation of Mr. Cosimo Borrelli, with effect from 30 November 2023: Mr. Cosimo Borrelli will cease to be the Chairman of the Nominating Committee ("NC"), and member of the Audit and Risk Committee ("ARC") and Remuneration Committee ("RC");Mr Wayne Robert Porritt, the Independent Non-Executive Chairman of the Company be appointed as the Chairman of the NC; and Mr. Kenny Sim Mong Keang, the Non-Executive Director of the Company be appointed asmember of the NC, ARC and RC. The Board considers Mr. Kenny Sim Mong Keang to be non-independent for the purpose of Rule 704(8) of the SGX Listing Manual. In Audit and Risk Committee: Mr. John Lim Yew Kong - ChairmanMr Kenny Sim Mong Keang - Member, Mr. Wayne Robert Porritt - Member. In Nominating Committee: Mr. Wayne Robert Porritt - Chairman, Mr. John Lim Yew Kong - Member, Mr. Kenny Sim Mong Keang- Member. In Remuneration Committee: Mr. Wayne Robert Porritt - Chairman, Mr. John Lim Yew Kong - Member, Mr. Kenny Sim Mong Keang - Member. Announcement • Sep 27
Global Invacom Group Expects Cancellation of Admission of the Shares to Trading on AIM on 3 November 2023 Further to the Global Invacom Group Limited's announcement on 6 September 2023, Global Invacom notified that it has made available on its website, a circular to shareholders ("Circular") containing a notice convening an extraordinary general meeting ("EGM") for the purposes of seeking shareholder approval for the cancellation of admission of the Company's ordinary shares ("Shares") to trading on AIM ("AIM Delisting"), together with associated documents relating to the EGM and the AIM Delisting. Expected last day of dealings on AIM is 2 November 2023. Expected cancellation of admission of the Company's Shares to trading on AIM on 3 November 2023. Announcement • Sep 07
Global Invacom Group Announces Proposed Cancellation to Trading on AIM Global Invacom Group Limited notified that it will be posting a circular to shareholders ("Circular") in connection with a proposal for the cancellation of admission of the Company ordinary shares ("Shares") to trading on AIM ("AIM Delisting"), pursuant to Rule 41 of the AIM Rules for Companies ("AIM Rules"). It is expected that the Circular will be posted during September and that AIM Delisting will occur on or around 30 October 2023. The Company's Shares will remain listed on the Mainboard of the Singapore Exchange Securities Trading Limited ("SGX-ST") after AIM Delisting, and all public trading of securities in the Company will take place on that exchange. The Circular will set out the background to and reasons for the AIM Delisting and additional information on the implications of the AIM Delisting for the Company and its shareholders, and include a notice of an extraordinary general meeting of the Company ("EGM"), for the purposes of considering and, if thought fit, passing the requisite shareholder resolution to approve the AIM Delisting. Announcement • Aug 18
Global Invacom Group Limited Appoints Khoo Yi Ning as Joint Company Secretary The Board of Directors of Global Invacom Group Limited announced the appointment of Ms. Khoo Yi Ning as the Joint Company Secretary of the Company with effect from 18 August 2023. Following the appointment, the Company Secretaries of the Company are Mr. Yoo Loo Ping and Ms. Khoo Yi Ning. Announcement • Jun 01
Global Invacom Group Limited Appoints Robert Mallinson as Finance Director The Board of Directors of Global Invacom Group Limited approved the appointment of Mr. Robert Mallinson as the Finance Director of the Company. Mr. Robert Mallinson will be responsible for overseeing the overall financial and accounting functions of the Group. Working Experience: Oct. 2021 to May 2023, Group Financial Controller at Access Partnership 2020-2021, Group Financial Controller at GLH Hotels 2018-2019, Group Head of Finance at the Cyberfort Group 2016-2017, Finance Director and Group Financial Controller at the Tarsus Group 2014-2015, UK Finance Director at EurotaxGlass's. Professional Qualifications: ACMA - Chartered Institute of Management Accountants (CIMA). Appointment date is May 30, 2023. Reported Earnings • Feb 28
Full year 2022 earnings released Full year 2022 results: Revenue: US$72.8m (down 12% from FY 2021). Net loss: US$13.2m (down US$13.7m from profit in FY 2021). Announcement • Feb 16
Global Invacom Group Limited Provides Earnings Guidance for the Full Year Ended 31 December 2022 Global Invacom Group Limited provided earnings guidance for the full year ended 31 December 2022. For the year, the Group expects to record a net loss after tax of approximately USD 13.2 million for FY2022 against a net profit of USD 558,000 for the full year ended 31 December 2021. Group revenue in FY2022 is expected to be approximately USD 72.8 million versus USD 82.5 million in FY2021. Buying Opportunity • Sep 27
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 34%. The fair value is estimated to be S$0.072, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 21% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Aug 14
First half 2022 earnings released First half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (up US$1.18m from 1H 2021). Profit margin: (up from net loss in 1H 2021). Reported Earnings • Apr 15
Full year 2021 earnings released: EPS: US$0.002 (vs US$0.01 in FY 2020) Full year 2021 results: EPS: US$0.002 (down from US$0.01 in FY 2020). Revenue: US$82.5m (down 20% from FY 2020). Net income: US$561.0k (down 79% from FY 2020). Profit margin: 0.7% (down from 2.5% in FY 2020). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Feb 27
Full year 2021 earnings: Revenues in line with analyst expectations Full year 2021 results: Revenue: US$82.5m (down 20% from FY 2020). Net income: US$561.0k (down 79% from FY 2020). Profit margin: 0.7% (down from 2.5% in FY 2020). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Reported Earnings • Aug 18
First half 2021 earnings released: US$0.004 loss per share (vs US$0.001 profit in 1H 2020) The company reported a poor first half result with weaker earnings, revenues and control over costs. First half 2021 results: Revenue: US$40.4m (down 23% from 1H 2020). Net loss: US$1.18m (down 441% from profit in 1H 2020). Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Executive Departure • Jul 20
Financial Controller Andrew Martin has left the company On the 11th of July, Andrew Martin's tenure as Financial Controller ended. We don't have any record of a personal shareholding under Andrew's name. A total of 2 executives have left over the last 12 months. Reported Earnings • Mar 02
Full year 2020 earnings released The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: US$103.1m (down 23% from FY 2019). Net income: US$2.61m (up US$14.9m from FY 2019). Profit margin: 2.5% (up from net loss in FY 2019). The move to profitability was driven by lower expenses.