Tillkännagivande • Apr 30
Evd Berhad, Annual General Meeting, Jun 25, 2026 Evd Berhad, Annual General Meeting, Jun 25, 2026, at 14:30 Singapore Standard Time. Location: president`s room, royal selangor club, 1 jalan raja, 50050 kuala lumpur, wilayah persekutuan, Malaysia Board Change • Mar 06
High number of new and inexperienced directors There are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 1 experienced director. No highly experienced directors. Independent Non-Executive Director Wei Lim is the most experienced director on the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. New Risk • Oct 31
New major risk - Financial data availability The company's latest financial reports are more than a year old. Last reported fiscal period ended June 2024. This is considered a major 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. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported June 2024 fiscal period end). Share price has been highly volatile over the past 3 months (18% average weekly change). Revenue has declined by 56% over the past year. Market cap is less than US$10m (RM24.5m market cap, or US$5.84m). Tillkännagivande • Sep 04
EVD Berhad Appoints Encik Norhizam Bin Abdul Kadir as the Managing Director, Effective September 2, 2025 EVD Berhad has appointed Encik Norhizam Bin Abdul Kadir as the Managing Director, effective September 2, 2025. Encik Norhizam, aged 51, holds a Master's degree in Corporate Communications from Universiti Putra Malaysia and a Degree in Communications from Purdue University, Indiana, USA. Working experience and occupation: Encik Norhizam brings with him more than 25 years' experience in the technology industry in various markets across Asia Pacific. He was in managerial positions at Intel, Microsoft, Ballard Power, Green Packet Berhad and KiplePay in various fields from sales and marketing, business development, strategy and planning and communications. He had served the country as Vice President at MDEC, building policies and growing Malaysia's digital economy. He previously sat on the board of MiMOS Berhad. He is currently a board member of MYISCO (myAngkasa Digital Services) and an investment committee member for Amanah Saham Nasional's Robo Advisory product. New Risk • Jun 30
New major risk - Revenue and earnings growth Revenue has declined by 56% over the past year. 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 revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue 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 Share price has been highly volatile over the past 3 months (17% average weekly change). Revenue has declined by 56% over the past year. Market cap is less than US$10m (RM26.7m market cap, or US$6.33m). Minor Risk Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Board Change • Jun 18
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. Independent Non-Executive Director Wei Lim is the most experienced director on the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. New Risk • May 18
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 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 (18% average weekly change). Market cap is less than US$10m (RM26.7m market cap, or US$6.22m). Minor Risk Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). New Risk • Feb 14
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 Malaysian stocks, typically moving 10% 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 (10% average weekly change). Earnings have declined by 14% per year over the past 5 years. Market cap is less than US$10m (RM42.3m market cap, or US$9.53m). Minor Risk Revenue is less than US$5m (RM14m revenue, or US$3.2m). Reported Earnings • Nov 30
Third quarter 2024 earnings released: RM0.005 loss per share (vs RM0 in 3Q 2023) Third quarter 2024 results: RM0.005 loss per share (further deteriorated from RM0 in 3Q 2023). Revenue: RM4.38m (down 60% from 3Q 2023). Net loss: RM2.17m (down RM2.36m from profit in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 6 percentage points per year, which is a significant difference in performance. Tillkännagivande • Oct 30
Evd Berhad, Annual General Meeting, Dec 10, 2024 Evd Berhad, Annual General Meeting, Dec 10, 2024, at 14:30 Singapore Standard Time. Location: securities services (holdings) sdn. bhd., meeting room, level 7, menara milenium, jalan damanlela, pusat bandar damansara, damansara heights, wilayah persekutuan, 50490 kuala lumpur Malaysia Reported Earnings • Sep 04
Full year 2024 earnings released: RM0.088 loss per share (vs RM0.013 profit in FY 2023) Full year 2024 results: RM0.088 loss per share (down from RM0.013 profit in FY 2023). Revenue: RM38.1m (down 60% from FY 2023). Net loss: RM36.5m (down RM41.7m from profit in FY 2023). Over the last 3 years on average, earnings per share has fallen by 61% per year whereas the company’s share price has fallen by 56% per year. New Risk • Sep 03
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: 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 (7.5% increase in shares outstanding). Market cap is less than US$100m (RM44.3m market cap, or US$10.1m). New Risk • Jul 26
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 Malaysian stocks, typically moving 7.8% 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: Minor Risks Share price has been volatile over the past 3 months (7.8% average weekly change). Shareholders have been diluted in the past year (5.7% increase in shares outstanding). Market cap is less than US$100m (RM49.9m market cap, or US$10.7m). Tillkännagivande • Jul 12
Evd Berhad Reinstates Mah Seong Huak to His Operational Duties Evd Berhad announces that, following a special board meeting held on 12 July 2024, the Company has decided to reinstate Mr. Mah Seong Huak to his operational duties. Effective immediately, Mr. Mah Seong Huak will resume his role overseeing the day-to-day executive management functions in the following areas: A. Project Management and Engineering B. Project Tender and Budget C. Project System Engineering D. Business Development. New Risk • Jun 07
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: RM45.6m (US$9.71m) 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 Risk Market cap is less than US$10m (RM45.6m market cap, or US$9.71m). Minor Risks Share price has been volatile over the past 3 months (8.0% average weekly change). Shareholders have been diluted in the past year (5.8% increase in shares outstanding). Tillkännagivande • May 30
Evd Berhad Announces the Appointment of Miss Lee Wai Fun as Non Independent and Non Executive Member of Risk Committee Evd Berhad announced the appointment of Miss Lee Wai Fun as Non Independent and Non Executive Member of Risk Committee, age 54, Date of change 28 May 2024. Composition of Risk Committee: Mr. Wong Koon Wai (Independent Non-Executive Director) Members: - Mr. Lim Wei Foong (Independent Non-Executive Director) Ms. Lee Wai Fun (Non-Independent Non-Executive Director). Tillkännagivande • Mar 07
Evd Berhad Announces Resignation of Gan Yen Ling as Principal Officer Evd Berhad announced resignation of Miss Gan Yen Ling as Principal Officer due to Organisation Restructuring, effective March 6, 2024. Age: 55. Reported Earnings • Feb 17
Full year 2023 earnings released: RM0.05 loss per share (vs RM0.03 profit in FY 2022) Full year 2023 results: RM0.05 loss per share (down from RM0.03 profit in FY 2022). Revenue: RM48.3m (down 50% from FY 2022). Net loss: RM20.5m (down 375% 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 45% per year, which means it is significantly lagging earnings. Board Change • Jan 31
No independent directors There are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Co-Founder, CEO, Executive Director of Operations & Executive Director Seong Mah is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. Tillkännagivande • Jan 24
Evd Berhad Announces Board Changes Evd Berhad resolved the following. Datuk Dr. Syed Muhammad bin Syed Abdul Kadir be hereby removed as a Director of the Company with immediate effect. Ir. Gan Wee Peng be hereby removed as a Director of the Company with immediate effect Ir. Hon Hin See be hereby removed as a Director of the Company with immediate effect. Lee Chi Hoe be hereby removed as a Director of the Company with immediate effect. KVIN LIM CHUN KEAT having consented to act as a Director and having declared that he is not disqualified from being appointed or holding office as a director of a company under the Companies Act 2016, be and is hereby appointed a Director of the Company with immediate effect. IBRAHIM BIN MAIDIN having consented to act as a Director and having declared that he is not disqualified from being appointed or holding office as a director of a company under the Companies Act 2016, be and is hereby appointed a Director of the Company with immediate effect. TEE CHUN YEH having consented to act as a Director and having declared that he is not disqualified from being appointed or holding office as a director of a company under the Companies Act 2016, be and is hereby appointed a Director of the Company with immediate effect. New Risk • Dec 11
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 Malaysian stocks, typically moving 6.8% 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 Market cap is less than US$10m (RM37.1m market cap, or US$7.92m). Minor Risks Share price has been volatile over the past 3 months (6.8% average weekly change). Large one-off items impacting financial results. New Risk • Nov 27
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: RM45.4m (US$9.67m) 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 Risk Market cap is less than US$10m (RM45.4m market cap, or US$9.67m). Minor Risk Large one-off items impacting financial results. Reported Earnings • Nov 25
Third quarter 2023 earnings released: EPS: RM0.001 (vs RM0.009 in 3Q 2022) Third quarter 2023 results: EPS: RM0.001 (down from RM0.009 in 3Q 2022). Revenue: RM11.0m (down 65% from 3Q 2022). Net income: RM189.0k (down 95% from 3Q 2022). Profit margin: 1.7% (down from 12% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 107% per year but the company’s share price has fallen by 46% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 26
Second quarter 2023 earnings released: RM0.004 loss per share (vs RM0.012 profit in 2Q 2022) Second quarter 2023 results: RM0.004 loss per share (down from RM0.012 profit in 2Q 2022). Revenue: RM9.33m (down 33% from 2Q 2022). Net loss: RM1.49m (down 237% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has fallen by 43% per year, which means it is significantly lagging earnings. Reported Earnings • May 30
First quarter 2023 earnings released: EPS: RM0.004 (vs RM0.012 in 1Q 2022) First quarter 2023 results: EPS: RM0.004. Revenue: RM18.0m (up 30% from 1Q 2022). Net income: RM1.41m (up 30% from 1Q 2022). Profit margin: 7.9% (in line with 1Q 2022). Board Change • May 02
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. 1 experienced director. 2 highly experienced directors. Independent Non-Executive Chairman Hin See Hon was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 03
Full year 2022 earnings released: EPS: RM0.018 (vs RM0.008 loss in FY 2021) Full year 2022 results: EPS: RM0.018 (up from RM0.008 loss in FY 2021). Revenue: RM94.4m (up RM81.5m from FY 2021). Net income: RM7.44m (up RM7.67m from FY 2021). Profit margin: 7.9% (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 109% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Reported Earnings • May 30
Third quarter 2022 earnings released: RM0.013 loss per share (vs RM0.001 profit in 3Q 2021) Third quarter 2022 results: RM0.013 loss per share (down from RM0.001 profit in 3Q 2021). Revenue: RM2.73m (down 16% from 3Q 2021). Net loss: RM361.0k (down RM381.0k from profit in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Buying Opportunity • May 29
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 78%. The fair value is estimated to be RM0.28, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 59% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Feb 25
Second quarter 2022 earnings: EPS in line with expectations, revenues disappoint Second quarter 2022 results: EPS: RM0 (down from RM0.001 in 2Q 2021). Revenue: RM3.11m (flat on 2Q 2021). Net loss: RM26.0k (down 115% from profit in 2Q 2021). Revenue missed analyst estimates by 54%. Earnings per share (EPS) were in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has increased by 61% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Feb 25
Second quarter 2021 earnings released: EPS RM0.001 (vs RM0.01 in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: RM3.13m (down 13% from 2Q 2020). Net income: RM172.0k (down 94% from 2Q 2020). Profit margin: 5.5% (down from 76% in 2Q 2020). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.