Reported Earnings • May 05
Full year 2025 earnings released: US$5.20 loss per share (vs US$46.08 loss in FY 2024) Full year 2025 results: US$5.20 loss per share. Revenue: US$7.52m (down 8.8% from FY 2024). Net loss: US$8.61m (loss widened 18% from FY 2024). Board Change • Apr 01
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. Founder & Director Ivy Wong is the most experienced director on the board, commencing their role in 2013. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Announcement • Dec 08
VS MEDIA Holdings Limited, Annual General Meeting, Dec 30, 2025 VS MEDIA Holdings Limited, Annual General Meeting, Dec 30, 2025, at 10:30 China Standard Time. Location: 6/f, koho, 75 hung to road, kwun tong, Hong Kong New Risk • Oct 31
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2024. 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 Share price has been highly volatile over the past 3 months (23% average weekly change). Earnings have declined by 63% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 12x increase in shares outstanding). Minor Risks Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). Market cap is less than US$100m (US$47.6m market cap). New Risk • Oct 10
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: US$64.4m This is considered a minor 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 Share price has been highly volatile over the past 3 months (20% average weekly change). Earnings have declined by 63% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 12x increase in shares outstanding). Minor Risk Market cap is less than US$100m (US$64.4m market cap). Board Change • Sep 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 1 highly experienced director. Independent Director Honnus Cheung was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • May 31
VS MEDIA Holdings Limited has completed a Follow-on Equity Offering in the amount of $8.082798 million. VS MEDIA Holdings Limited has completed a Follow-on Equity Offering in the amount of $8.082798 million.
Security Name: Class A Ordinary Shares
Security Type: Common Stock
Securities Offered: 35,296,063
Price\Range: $0.229
Discount Per Security: $0.00687 Announcement • Apr 23
VS MEDIA Holdings Limited has filed a Follow-on Equity Offering in the amount of $15 million. VS MEDIA Holdings Limited has filed a Follow-on Equity Offering in the amount of $15 million.
Security Name: Class A Ordinary Shares
Security Type: Common Stock New Risk • Apr 16
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 202% 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 Less than 1 year of cash runway based on free cash flow trend (-US$1.5m free cash flow). Earnings have declined by 63% per year over the past 5 years. Shareholders have been substantially diluted in the past year (202% increase in shares outstanding). Market cap is less than US$10m (US$7.59m market cap). Minor Risk Share price has been volatile over the past 3 months (16% average weekly change). Reported Earnings • Apr 14
Full year 2024 earnings released: US$2.30 loss per share (vs US$2.31 loss in FY 2023) Full year 2024 results: US$2.30 loss per share. Revenue: US$8.25m (up 3.2% from FY 2023). Net loss: US$7.29m (loss widened 11% from FY 2023). New Risk • Mar 20
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 American stocks, typically moving 17% 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 (-US$7.9m free cash flow). Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 79% per year over the past 5 years. Market cap is less than US$10m (US$3.13m market cap). Minor Risk Shareholders have been diluted in the past year (15% increase in shares outstanding). Reported Earnings • Dec 27
First half 2024 earnings released: US$1.15 loss per share (vs US$0.81 loss in 1H 2023) First half 2024 results: US$1.15 loss per share (further deteriorated from US$0.81 loss in 1H 2023). Revenue: US$4.02m (up 14% from 1H 2023). Net loss: US$3.34m (loss widened 44% from 1H 2023). New Risk • Nov 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 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 Share price has been highly volatile over the past 3 months (43% average weekly change). Revenue has declined by 11% over the past year. Market cap is less than US$10m (US$4.21m market cap). Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Shareholders have been diluted in the past year (15% increase in shares outstanding). Announcement • Jul 05
VS Media Holdings Limited Regains Compliance with Nasdaq Minimum Closing Bid Price Requirement VS Media Holdings Limited (the ‘Company’) announced the receipt of formal notice from The Nasdaq Stock Market LLC (‘Nasdaq’) that the Company has regained compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2). On July 3, 2024, NASDAQ provided confirmation that for 10 consecutive business days, from June 18, 2024, through July 2, 2024, the closing bid price of the Company’s common stock was at or above $1.00. The Company has thus regained compliance with Nasdaq Listing Rule 5550(a)(2) and NASDAQ considers the prior bid deficiency matter now closed. Announcement • Jun 05
VS MEDIA Holdings Limited, Annual General Meeting, Jun 10, 2024 VS MEDIA Holdings Limited, Annual General Meeting, Jun 10, 2024, at 10:00 China Standard Time. Location: at 6/f, koho, 75 hung to road, kwun tong, Hong Kong Announcement • May 03
VS MEDIA Holdings Limited Provides Revenue Guidance for the Fiscal Year 2024 VS MEDIA Holdings Limited provided revenue guidance for the fiscal year 2024. For the year, the management expects revenue to grow by 20% year-over-year compared to the fiscal year 2023 and to achieve positive net margin. Reported Earnings • May 01
Full year 2023 earnings released: US$0.33 loss per share (vs US$0.09 loss in FY 2022) Full year 2023 results: US$0.33 loss per share (further deteriorated from US$0.09 loss in FY 2022). Revenue: US$7.99m (down 12% from FY 2022). Net loss: US$6.59m (loss widened 265% from FY 2022). Announcement • Dec 29
VS Media Announces Receipt of Nasdaq Minimum Bid Price Notification VS Media Holdings Limited announced that it received written notification on December 27, 2023, from The Nasdaq Stock Market LLC that it no longer complies with the minimum bid price requirement for continued listing on the Nasdaq Capital Market pursuant to the Nasdaq Listing Rule 5550(a)(2). The closing bid price for the Company's ordinary shares had fallen below $1.00 per share for 33 consecutive business days and accordingly, the Company no longer complies with the minimum bid price requirement for continued listing on the Nasdaq Capital Market pursuant to the Nasdaq Listing Rule 5550(a)(2). However the Nasdaq Listing Rules also provide the Company a compliance period of 180 calendar days (i.e. by June 24, 2024) in which to regain compliance. If the Company chooses to implement a reverse stock split, it must complete the split no later than ten business days prior to June 24, 2024 (i.e. June 7, 2024). If at any time during this 180 day period, the closing bid price of the Company's ordinary shares is at least $1.00 for a minimum of ten consecutive business days, the Company will be provided with written confirmation of compliance and the matter will be closed. In the event the Company does not regain compliance, it may be eligible for additional time. To qualify, the Company will be required to meet the continued listing requirement for market value of publicly held shares and all other initial listing standards for the Nasdaq Capital Market, with the exception of the bid price requirement, and will need to provide written notice of its intention to cure the deficiency during the second compliance period, by effecting a reverse stock split, if necessary. If the Company meets these requirements, the Nasdaq will inform that Company that it has been granted an additional 180 calendar days. However, if it appears to the Staff that the Company will not be able to cure the deficiency, or if the Company is otherwise not eligible, its ordinary shares will be subject to delisting. The Company intends to actively monitor the bid price for its shares and is considering actions that it may take in response to this notification in order to regain compliance with the continued listing requirements, but no decisions about a response have been made at this time. Reported Earnings • Dec 06
First half 2023 earnings released: US$0.12 loss per share (vs US$0.002 loss in 1H 2022) First half 2023 results: US$0.12 loss per share (further deteriorated from US$0.002 loss in 1H 2022). Revenue: US$3.53m (down 19% from 1H 2022). Net loss: US$2.32m (loss widened US$2.28m from 1H 2022). Board Change • Sep 28
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 1 highly experienced director. Founder, Chairman & CEO Ivy Wong was the last director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Announcement • Sep 28
VS MEDIA Holdings Limited has completed an IPO in the amount of $10 million. VS MEDIA Holdings Limited has completed an IPO in the amount of $10 million.
Security Name: Class A Ordinary Shares
Security Type: Common Stock
Securities Offered: 2,000,000
Price\Range: $5