Tillkännagivande • Dec 06
Automatic Systems Ltd announces Annual dividend, payable on January 30, 2026 Automatic Systems Ltd. announced Annual dividend of MUR 2.0000 per share payable on January 30, 2026, ex-date on January 13, 2026 and record date on January 15, 2026. Tillkännagivande • Jun 11
Automatic Systems Ltd, Annual General Meeting, Jun 30, 2025 Automatic Systems Ltd, Annual General Meeting, Jun 30, 2025, at 15:00 Arabian Standard Time. Location: la bellone,labourdonnais waterfront hotel, caudan waterfront, port louis, Mauritius Reported Earnings • Nov 15
Third quarter 2024 earnings released: MU₨0.78 loss per share (vs MU₨0.79 loss in 3Q 2023) Third quarter 2024 results: MU₨0.78 loss per share (improved from MU₨0.79 loss in 3Q 2023). Revenue: MU₨73.0m (down 18% from 3Q 2023). Net loss: MU₨2.80m (flat on 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 96 percentage points per year, which is a significant difference in performance. New Risk • Nov 13
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 Mauritian stocks, typically moving 5.6% 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 Risks Earnings have declined by 35% per year over the past 5 years. Market cap is less than US$10m (MU₨212.1m market cap, or US$4.50m). Minor Risk Share price has been volatile over the past 3 months (5.6% average weekly change). Reported Earnings • Aug 07
Second quarter 2024 earnings released: MU₨0.62 loss per share (vs MU₨1.22 profit in 2Q 2023) Second quarter 2024 results: MU₨0.62 loss per share (down from MU₨1.22 profit in 2Q 2023). Revenue: MU₨57.8m (down 32% from 2Q 2023). Net loss: MU₨2.20m (down 151% from profit in 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 72 percentage points per year, which is a significant difference in performance. Tillkännagivande • Jun 05
Automatic Systems Ltd, Annual General Meeting, Jun 24, 2024 Automatic Systems Ltd, Annual General Meeting, Jun 24, 2024, at 14:00 Arabian Standard Time. Location: mauritius turf club, dr eugene laurent street, port louis, Mauritius Reported Earnings • May 08
First quarter 2024 earnings released: EPS: MU₨0.51 (vs MU₨4.30 loss in 1Q 2023) First quarter 2024 results: EPS: MU₨0.51 (up from MU₨4.30 loss in 1Q 2023). Revenue: MU₨47.4m (flat on 1Q 2023). Net income: MU₨1.80m (up MU₨17.0m from 1Q 2023). Profit margin: 3.8% (up from net loss in 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 01
Full year 2023 earnings released: MU₨17.14 loss per share (vs MU₨7.97 profit in FY 2022) Full year 2023 results: MU₨17.14 loss per share (down from MU₨7.97 profit in FY 2022). Revenue: MU₨317.1m (down 25% from FY 2022). Net loss: MU₨60.6m (down 315% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Feb 28
Upcoming dividend of MU₨1.50 per share Eligible shareholders must have bought the stock before 06 March 2024. Payment date: 29 March 2024. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.7%. Lower than top quartile of Mauritian dividend payers (6.1%). Lower than average of industry peers (4.7%). New Risk • Feb 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 Mauritian stocks, typically moving 5.8% 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 Share price has been highly volatile over the past 3 months (5.8% average weekly change). Market cap is less than US$10m (MU₨195.3m market cap, or US$4.26m). New Risk • Aug 15
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 5.2% Last year net profit margin: 8.1% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (MU₨249.2m market cap, or US$5.50m). Minor Risks Dividend is not well covered by earnings (93% payout ratio). Profit margins are more than 30% lower than last year (5.2% net profit margin). Reported Earnings • Aug 13
Second quarter 2023 earnings released: EPS: MU₨1.22 (vs MU₨2.41 in 2Q 2022) Second quarter 2023 results: EPS: MU₨1.22 (down from MU₨2.41 in 2Q 2022). Revenue: MU₨84.6m (up 12% from 2Q 2022). Net income: MU₨4.30m (down 49% from 2Q 2022). Profit margin: 5.1% (down from 11% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 4% per year. Tillkännagivande • Jun 13
Automatic Systems Ltd, Annual General Meeting, Jun 28, 2023 Automatic Systems Ltd, Annual General Meeting, Jun 28, 2023, at 11:00 Coordinated Universal Time. Location: the Mauritius Turf Club, Dr Eugene Laurent Street Port Louis Mauritius Agenda: To receive, consider and adopt the Group and the Company's Audited Financial Statements for the year ended 31 December 2022, including the Annual Report and the Auditors' Report, in accordance with Section 115(4) of the Companies Act 2001; to authorise O. Farouk A. A. Hossen to continue to hold office as Director of the Company until the next Annual Meeting in accordance with Section 138(6) of the Companies Act 2001; to authorise M. L. Jean Hardy to continue to hold office as Director of the Company until the next Annual Meeting in accordance with Section 138(6) of the Companies Act 2001; to consider Deloitte having expressed their willingness to continue to act as External Auditors of the Company, to take note of their automatic reappointment as External Auditors of the Company in accordance with Section 200 of the Companies Act 2001 and to authorize the Board of Directors to fix their remuneration; and to consider other matters. Upcoming Dividend • Jan 04
Upcoming dividend of MU₨6.00 per share Eligible shareholders must have bought the stock before 11 January 2023. Payment date: 27 January 2023. Payout ratio is a comfortable 55% and the cash payout ratio is 76%. Trailing yield: 6.1%. Within top quartile of Mauritian dividend payers (4.9%). Higher than average of industry peers (4.2%). 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. 2 experienced directors. 8 highly experienced directors. 3 independent directors (7 non-independent directors). Independent Director Mushtaq M. O. Oosman was the last independent director to join the board, commencing their role in 2016. 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 • Aug 11
Second quarter 2022 earnings released: EPS: MU₨2.41 (vs MU₨0.45 in 2Q 2021) Second quarter 2022 results: EPS: MU₨2.41 (up from MU₨0.45 in 2Q 2021). Revenue: MU₨75.7m (down 7.1% from 2Q 2021). Net income: MU₨8.50m (up 431% from 2Q 2021). Profit margin: 11% (up from 2.0% in 2Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Tillkännagivande • Jun 09
Automatic Systems Ltd., Annual General Meeting, Jun 20, 2022 Automatic Systems Ltd., Annual General Meeting, Jun 20, 2022, at 10:00 Coordinated Universal Time. Location: Mauritius Turf Club, Dr Eugene Laurent Street Port Louis Mauritius Agenda: To receive, consider and adopt the Group and the company's audited financial statements for the year ended 31 December 2021, including the annual report and the auditors' report, in accordance with Section 115(4) of the Companies Act 2001; to consider directorate reelections; to consider directorate reelections; and to consider other matters. Reported Earnings • May 08
First quarter 2022 earnings released: MU₨3.93 loss per share (vs MU₨2.21 loss in 1Q 2021) First quarter 2022 results: MU₨3.93 loss per share (down from MU₨2.21 loss in 1Q 2021). Revenue: MU₨36.4m (up 2.5% from 1Q 2021). Net loss: MU₨13.9m (loss widened 78% from 1Q 2021). Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 6% 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. 2 experienced directors. 8 highly experienced directors. 3 independent directors (7 non-independent directors). Independent Director Mushtaq M. O. Oosman was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Upcoming Dividend • Jan 04
Upcoming dividend of MU₨6.00 per share Eligible shareholders must have bought the stock before 11 January 2022. Payment date: 27 January 2022. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 5.7%. Within top quartile of Mauritian dividend payers (3.5%). Higher than average of industry peers (1.4%). Reported Earnings • Nov 19
Third quarter 2021 earnings released: EPS MU₨5.74 (vs MU₨6.85 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: MU₨178.0m (up 5.2% from 3Q 2020). Net income: MU₨20.3m (down 16% from 3Q 2020). Profit margin: 11% (down from 14% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 13
Second quarter 2021 earnings released: EPS MU₨0.45 (vs MU₨1.67 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: MU₨81.5m (up 229% from 2Q 2020). Net income: MU₨1.60m (up MU₨7.50m from 2Q 2020). Profit margin: 2.0% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 21
First quarter 2021 earnings released: MU₨2.21 loss per share (vs MU₨2.57 loss in 1Q 2020) The company reported a decent first quarter result with reduced losses and improved control over expenses, although revenues were weaker. First quarter 2021 results: Revenue: MU₨35.5m (down 5.8% from 1Q 2020). Net loss: MU₨7.80m (loss narrowed 14% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 13% per year. Is New 90 Day High Low • Dec 16
New 90-day high: MU₨88.25 The company is up 15% from its price of MU₨77.00 on 16 September 2020. The Mauritian market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Hospitality industry, which is down 1.0% over the same period. Is New 90 Day High Low • Nov 24
New 90-day high: MU₨81.25 The company is up 3.0% from its price of MU₨79.00 on 26 August 2020. The Mauritian market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Hospitality industry, which is down 3.0% over the same period. Reported Earnings • Nov 17
Third quarter 2020 earnings released: EPS MU₨6.85 The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2020 results: Revenue: MU₨169.2m (up 29% from 3Q 2019). Net income: MU₨24.2m (up 27% from 3Q 2019). Profit margin: 14% (in line with 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Oct 23
New 90-day low: MU₨75.25 The company is down 6.0% from its price of MU₨80.25 on 24 July 2020. The Mauritian market is down 4.0% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Hospitality industry, which is also down 6.0% over the same period. 
