Reported Earnings • Apr 18
Full year 2025 earnings released: EPS: S$0.007 (vs S$0.006 in FY 2024) Full year 2025 results: EPS: S$0.007 (up from S$0.006 in FY 2024). Revenue: S$149.4m (up 6.2% from FY 2024). Net income: S$1.63m (up 6.8% from FY 2024). Profit margin: 1.1% (in line with FY 2024). Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Board Change • Mar 31
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. 2 highly experienced directors. Lead Independent Non-Executive Director Lucas Tran 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. New Risk • Mar 07
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 Risks Interest payments are not well covered by earnings (1.3x net interest cover). Shares are highly illiquid. Market cap is less than US$10m (S$10.8m market cap, or US$8.42m). Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Large one-off items impacting financial results. Reported Earnings • Mar 04
Full year 2025 earnings released Full year 2025 results: Revenue: S$149.4m (up 6.2% from FY 2024). Net income: S$1.63m (up 6.8% from FY 2024). Profit margin: 1.1% (in line with FY 2024). New Risk • Feb 25
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 Risks Interest payments are not well covered by earnings (1.3x net interest cover). Shares are highly illiquid. Market cap is less than US$10m (S$10.3m market cap, or US$8.10m). Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Large one-off items impacting financial results. New Risk • Jan 20
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: S$12.8m (US$9.96m) 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 Interest payments are not well covered by earnings (1.3x net interest cover). Shares are highly illiquid. Market cap is less than US$10m (S$12.8m market cap, or US$9.96m). Minor Risk Large one-off items impacting financial results. Board Change • Jan 20
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. 2 highly experienced directors. Lead Independent Non-Executive Director Lucas Tran 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. Board Change • Dec 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. 2 highly experienced directors. Lead Independent Non-Executive Director Lucas Tran 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. Reported Earnings • Aug 13
First half 2025 earnings released: EPS: S$0.004 (vs S$0.002 in 1H 2024) First half 2025 results: EPS: S$0.004 (up from S$0.002 in 1H 2024). Revenue: S$67.2m (flat on 1H 2024). Net income: S$952.0k (up 90% from 1H 2024). Profit margin: 1.4% (up from 0.7% in 1H 2024). Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Apr 07
Natural Cool Holdings Limited, Annual General Meeting, Apr 22, 2025 Natural Cool Holdings Limited, Annual General Meeting, Apr 22, 2025, at 10:00 Singapore Standard Time. Location: 87 defu lane 10, 02-01, singapore 539219, Singapore New Risk • Mar 09
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 1,035% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.9x net interest cover). Shares are highly illiquid. Market cap is less than US$10m (S$12.0m market cap, or US$9.04m). Minor Risk Large one-off items impacting financial results. Reported Earnings • Mar 02
Full year 2024 earnings released Full year 2024 results: Revenue: S$140.7m (down 2.4% from FY 2023). Net income: S$1.53m (up 151% from FY 2023). Profit margin: 1.1% (up from 0.4% in FY 2023). The increase in margin was driven by lower expenses. New Risk • Feb 25
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 Interest payments are not well covered by earnings (0.9x net interest cover). Shares are highly illiquid. Market cap is less than US$10m (S$6.26m market cap, or US$4.67m). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Large one-off items impacting financial results. Reported Earnings • Aug 14
First half 2024 earnings released: EPS: S$0.002 (vs S$0.003 in 1H 2023) First half 2024 results: EPS: S$0.002 (down from S$0.003 in 1H 2023). Revenue: S$67.8m (down 1.6% from 1H 2023). Net income: S$501.0k (down 28% from 1H 2023). Profit margin: 0.7% (down from 1.0% in 1H 2023). Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 16
Full year 2023 earnings released: EPS: S$0.002 (vs S$0.006 in FY 2022) Full year 2023 results: EPS: S$0.002 (down from S$0.006 in FY 2022). Revenue: S$144.2m (down 3.7% from FY 2022). Net income: S$607.0k (down 56% from FY 2022). Profit margin: 0.4% (down from 0.9% in FY 2022). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Tillkännagivande • Apr 13
Natural Cool Holdings Limited, Annual General Meeting, Apr 29, 2024 Natural Cool Holdings Limited, Annual General Meeting, Apr 29, 2024, at 10:00 Singapore Standard Time. Location: 11 Eunos Road 8, Training Room 1-1 (Level 1 Lobby A) Singapore Singapore Agenda: To receive and adopt the Directors' Statement and Audited Financial Statements for the financial year ended 31 December 2023 and the Independent Auditor's Report thereon; to re-elect Mr Tan Siew Bin Ronnie who is retiring by rotation pursuant to Regulation 90 of the Company's Constitution as Director of the Company; to re-elect Mr Choy Bing Choong who is retiring by rotation pursuant to Regulation 90 of the Company's Constitution as Director of the Company; and to consider other matters. New Risk • Mar 07
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 1.8x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.8x net interest cover). Shares are highly illiquid. Market cap is less than US$10m (S$7.51m market cap, or US$5.62m). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.4% net profit margin). New Risk • Feb 27
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 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 Shares are highly illiquid. Market cap is less than US$10m (S$7.26m market cap, or US$5.40m). Minor Risk Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Tillkännagivande • Aug 12
Natural Cool Holdings Limited Announces Management Changes Natural Cool Holdings Limited refers to its announcement "Reconstitution of The Board and Board Committees" dated 23 June 2023 and wishes to announce the following re-designations with effect from 11 August 2023. The Nominating Committee ("NC") has assessed and is of the view that the following Directors possess the requisite qualifications and experiences to assume the chairmanships of the respective Board and Board Committees. The Board had further considered and accepted the recommendation of the NC in relation to the following re-designations: Choy Bing Choong from Executive Director and Group Chief Operating Officer to Executive Chairman; Tran Phuoc (Lucas Tran) from Independent Non-Executive Director Acting Chairman of the Remuneration Committee Member of the Audit and Risk Committee, and Nominating Committee to Lead Independent Non-Executive Director Chairman of the Audit and Risk Committee Member of the Remuneration Committee, and Nominating Committee and Lau Lee Hua from Independent Non-Executive DirectorChairman of the Audit and Risk Committee Member of the Remuneration Committee, and Nominating Committee to Independent Non-Executive Director Chairman of the Remuneration Committee Member of the Audit and Risk Committee, and Nominating Committee. Reported Earnings • Apr 15
Full year 2022 earnings released: EPS: S$0.006 (vs S$0.023 loss in FY 2021) Full year 2022 results: EPS: S$0.006 (up from S$0.023 loss in FY 2021). Revenue: S$149.7m (up 1.1% from FY 2021). Net income: S$1.39m (up S$7.05m from FY 2021). Profit margin: 0.9% (up from net loss in FY 2021). Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Reported Earnings • Mar 02
Full year 2022 earnings released Full year 2022 results: Revenue: S$149.5m (up 1.0% from FY 2021). Net income: S$2.01m (up S$7.67m from FY 2021). Profit margin: 1.3% (up from net loss in FY 2021). The move to profitability was primarily driven by lower expenses. Tillkännagivande • Feb 04
Natural Cool Holdings Limited Announces the Retirement of Goh Teck Sia as Independent Non-Executive Director, Chairman of the Board and Remuneration Committee, Member of the Audit and Risk Committee and Nominating Committee, Effective 27 April 2023 Natural Cool Holdings Limited announced the retirement of Goh Teck Sia as Independent Non-Executive Director, Chairman of the Board and Remuneration Committee, Member of the Audit and Risk Committee and Nominating Committee. Mr. Goh Teck Sia will retire as an Independent Non-Executive Director of the Company on 27 April 2023 to pursue personal commitments such as his involvement in voluntary work with the Singapore Police Retirees' Association. Further to Mr. Goh's retirement as an Independent Non-Executive Director, he will also relinquish his position as Chairman of the Board and Remuneration Committee, as well as Member of the Audit and Risk Committee and the Nominating Committee. After having interviewed Mr. Goh and to the best of its knowledge, the Company's Sponsor, PrimePartners Corporate Finance Pte. Ltd., is satisfied that save as disclosed in this announcement, there are no material reasons for the retirement of Mr. Goh as the Independent Director of the Company. Reported Earnings • Aug 10
First half 2022 earnings released First half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down S$267.0k from profit in 1H 2021). Profit margin: (down from 0.4% in 1H 2021). Reported Earnings • Apr 08
Full year 2021 earnings released: S$0.023 loss per share (vs S$0.005 profit in FY 2020) Full year 2021 results: S$0.023 loss per share (down from S$0.005 profit in FY 2020). Revenue: S$148.0m (up 23% from FY 2020). Net loss: S$5.66m (down S$6.93m from profit in FY 2020). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings. Reported Earnings • Mar 03
Full year 2021 earnings: Revenues in line with analyst expectations Full year 2021 results: Revenue: S$148.0m (up 23% from FY 2020). Net loss: S$5.66m (down S$6.93m from profit in FY 2020). Revenue was in line with analyst estimates. Reported Earnings • Aug 11
First half 2021 earnings released: EPS S$0.001 (vs S$0.001 in 1H 2020) The company reported a mediocre first half result with weaker earnings and profit margins, although revenues improved. First half 2021 results: Revenue: S$74.6m (up 48% from 1H 2020). Net income: S$267.0k (down 4.6% from 1H 2020). Profit margin: 0.4% (down from 0.6% in 1H 2020). Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Executive Departure • May 04
Independent Non-Executive Director has left the company On the 28th of April, Mahtani Bhagwandas' tenure as Independent Non-Executive Director ended after 2.4 years in the role. We don't have any record of a personal shareholding under Mahtani's name. Mahtani is the only executive to leave the company over the last 12 months. Reported Earnings • Apr 18
Full year 2020 earnings released: EPS S$0.005 (vs S$0.008 loss in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: S$120.2m (down 16% from FY 2019). Net income: S$1.27m (up S$3.25m from FY 2019). Profit margin: 1.1% (up from net loss in FY 2019). Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Reported Earnings • Feb 27
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: S$120.2m (down 16% from FY 2019). Net income: S$1.27m (up S$3.25m from FY 2019). Profit margin: 1.1% (up from net loss in FY 2019). The move to profitability was driven by lower expenses.