Duyuru • May 02
Supreme Ventures Limited, Annual General Meeting, May 28, 2026 Supreme Ventures Limited, Annual General Meeting, May 28, 2026. Location: ac hotel by marriott, (rocksteady i & ii), 38-42 lady musgrave road, kingston 5, Jamaica Duyuru • May 22
Supreme Ventures Limited, Annual General Meeting, Jun 24, 2025 Supreme Ventures Limited, Annual General Meeting, Jun 24, 2025. Location: ac hotel by marriott, (rocksteady i & ii), 38-42 lady musgrave road, kingston 5., Jamaica Declared Dividend • Nov 03
Third quarter dividend of JA$0.07 announced Shareholders will receive a dividend of JA$0.07. Ex-date: 8th November 2024 Payment date: 16th January 2025 Dividend yield will be 2.8%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by earnings (81% earnings payout ratio) but not covered by cash flows (282% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 10% to shift the payout ratio to a potentially unsustainable range, which is more than the 2.4% EPS decline seen over the last 5 years. Reported Earnings • Oct 27
Third quarter 2024 earnings released: EPS: JA$0.14 (vs JA$0.15 in 3Q 2023) Third quarter 2024 results: EPS: JA$0.14 (down from JA$0.15 in 3Q 2023). Revenue: JA$12.8b (flat on 3Q 2023). Net income: JA$373.3m (down 5.4% from 3Q 2023). Profit margin: 2.9% (down from 3.1% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Sep 28
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JA$24.50, the stock trades at a trailing P/E ratio of 31.1x. Average trailing P/E is 12x in the Hospitality industry in Jamaica. Total returns to shareholders of 51% over the past three years. Declared Dividend • Aug 05
Second quarter dividend of JA$0.14 announced Shareholders will receive a dividend of JA$0.14. Ex-date: 12th August 2024 Payment date: 11th September 2024 Dividend yield will be 2.9%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by earnings (26% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 15% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 71% to shift the payout ratio to a potentially unsustainable range, which is more than the 1.9% EPS decline seen over the last 5 years. Reported Earnings • Jul 27
Second quarter 2024 earnings released: EPS: JA$0.18 (vs JA$0.38 in 2Q 2023) Second quarter 2024 results: EPS: JA$0.18 (down from JA$0.38 in 2Q 2023). Revenue: JA$12.8b (up 6.7% from 2Q 2023). Net income: JA$480.0m (down 51% from 2Q 2023). Profit margin: 3.7% (down from 8.1% in 2Q 2023). Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 5% per year. Declared Dividend • May 06
Dividend of JA$0.30 announced Shareholders will receive a dividend of JA$0.30. Ex-date: 9th May 2024 Payment date: 16th July 2024 Dividend yield will be 3.1%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by earnings (79% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 15% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 4.2% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Duyuru • Apr 29
Supreme Ventures Limited, Annual General Meeting, May 30, 2024 Supreme Ventures Limited, Annual General Meeting, May 30, 2024, at 10:00 Eastern Standard Time. Location: AC Hotel by Marriott,(Rocksteady I & II), 38-42 Lady Musgrave Road, Kingston Jamaica Agenda: To consider and the Reports of the Directors and Auditors and Audited Accounts for the year ended December 31, 2023 circulated herewith; to consider and ratify Interim Dividends and declare as final; to consider and elect Directors; to consider and approve Directors' Remuneration; and to consider appointment of Auditors and authorise the Directors to fix their Remuneration. Declared Dividend • Apr 10
Fourth quarter dividend of JA$0.11 announced Shareholders will receive a dividend of JA$0.11. Ex-date: 16th April 2024 Payment date: 8th May 2024 Dividend yield will be 3.0%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by earnings (77% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 15% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 3.0% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Apr 04
Full year 2023 earnings released: EPS: JA$0.92 (vs JA$1.15 in FY 2022) Full year 2023 results: EPS: JA$0.92 (down from JA$1.15 in FY 2022). Revenue: JA$50.1b (down 1.3% from FY 2022). Net income: JA$2.42b (down 20% from FY 2022). Profit margin: 4.8% (down from 6.0% in FY 2022). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Apr 03
Supreme Ventures Limited Announces Interim Ordinary Dividend, Payable on May 8, 2024 Supreme Ventures Limited advised that the Board of Directors of SVL confirmed that a dividend amount of 10.88 cents per stock unit be paid to shareholders as per the following Resolution: That an interim ordinary dividend of 10.88 cents per stock unit is hereby declared and payable on May 8, 2024 to all shareholders on record as at April 17, 2024. New Risk • Nov 05
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 80% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (80% net debt to equity). Dividend is not well covered by cash flows (133% cash payout ratio). Reported Earnings • Nov 04
Third quarter 2023 earnings released: EPS: JA$0.15 (vs JA$0.16 in 3Q 2022) Third quarter 2023 results: EPS: JA$0.15 (down from JA$0.16 in 3Q 2022). Revenue: JA$12.9b (up 6.8% from 3Q 2022). Net income: JA$394.4m (down 5.6% from 3Q 2022). Profit margin: 3.1% (down from 3.5% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Jul 28
Upcoming dividend of JA$0.26 per share at 3.5% yield Eligible shareholders must have bought the stock before 04 August 2023. Payment date: 02 October 2023. Payout ratio is on the higher end at 84%, and the cash payout ratio is above 100%. Trailing yield: 3.5%. Lower than top quartile of Jamaican dividend payers (3.6%). Lower than average of industry peers (10%). New Risk • Jul 23
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 22% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (22% accrual ratio). Minor Risks High level of debt (75% net debt to equity). Dividend is not well covered by cash flows (233% cash payout ratio). Reported Earnings • Jul 22
Second quarter 2023 earnings released: EPS: JA$0.38 (vs JA$0.24 in 2Q 2022) Second quarter 2023 results: EPS: JA$0.38 (up from JA$0.24 in 2Q 2022). Revenue: JA$15.0b (up 17% from 2Q 2022). Net income: JA$995.3m (up 59% from 2Q 2022). Profit margin: 6.7% (up from 4.9% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jul 01
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JA$31.00, the stock trades at a trailing P/E ratio of 29.7x. Average trailing P/E is 11x in the Hospitality industry in Jamaica. Total returns to shareholders of 131% over the past three years. Reported Earnings • May 03
First quarter 2023 earnings released: EPS: JA$0.27 (vs JA$0.38 in 1Q 2022) First quarter 2023 results: EPS: JA$0.27 (down from JA$0.38 in 1Q 2022). Revenue: JA$12.9b (up 1.4% from 1Q 2022). Net income: JA$701.4m (down 30% from 1Q 2022). Profit margin: 5.4% (down from 7.8% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Mar 31
Investor sentiment improves as stock rises 28% After last week's 28% share price gain to JA$31.00, the stock trades at a trailing P/E ratio of 29.1x. Average trailing P/E is 16x in the Hospitality industry in Jamaica. Total returns to shareholders of 152% over the past three years. Board Change • Mar 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. 10 experienced directors. 1 highly experienced director. Independent Non-Executive Director Eroleen Anderson was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Valuation Update With 7 Day Price Move • Dec 05
Investor sentiment improved over the past week After last week's 15% share price gain to JA$27.94, the stock trades at a trailing P/E ratio of 26.2x. Average trailing P/E is 15x in the Hospitality industry in Jamaica. Total returns to shareholders of 23% over the past three years. Reported Earnings • Oct 22
Third quarter 2022 earnings released: EPS: JA$0.16 (vs JA$0.12 in 3Q 2021) Third quarter 2022 results: EPS: JA$0.16 (up from JA$0.12 in 3Q 2021). Revenue: JA$12.0b (up 19% from 3Q 2021). Net income: JA$417.8m (up 34% from 3Q 2021). Profit margin: 3.5% (up from 3.1% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 2% per year. Upcoming Dividend • Jul 29
Upcoming dividend of JA$0.18 per share Eligible shareholders must have bought the stock before 05 August 2022. Payment date: 22 September 2022. Payout ratio is on the higher end at 87%, and the cash payout ratio is above 100%. Trailing yield: 2.7%. Lower than top quartile of Jamaican dividend payers (3.1%). Lower than average of industry peers (3.3%). Reported Earnings • Jul 26
Second quarter 2022 earnings released Second quarter 2022 results: Revenue: JA$12.8b (up 18% from 2Q 2021). Net income: JA$622.0m (flat on 2Q 2021). Profit margin: 4.9% (down from 5.7% in 2Q 2021). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Apr 06
Investor sentiment improved over the past week After last week's 19% share price gain to JA$22.62, the stock trades at a trailing P/E ratio of 25.3x. Average trailing P/E is 23x in the Hospitality industry in South America. Total loss to shareholders of 4.7% over the past three years. Upcoming Dividend • Oct 27
Upcoming dividend of JA$0.11 per share Eligible shareholders must have bought the stock before 03 November 2021. Payment date: 18 November 2021. Trailing yield: 4.4%. Within top quartile of Jamaican dividend payers (2.9%). Lower than average of industry peers (5.2%). Reported Earnings • Oct 23
Third quarter 2021 earnings released: EPS JA$0.12 (vs JA$0.23 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JA$10.1b (down 2.5% from 3Q 2020). Net income: JA$311.3m (down 48% from 3Q 2020). Profit margin: 3.1% (down from 5.7% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 3% per year. Reported Earnings • Jul 27
Second quarter 2021 earnings released: EPS JA$0.23 (vs JA$0.078 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JA$10.9b (up 46% from 2Q 2020). Net income: JA$616.9m (up 199% from 2Q 2020). Profit margin: 5.7% (up from 2.8% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 7% per year. Reported Earnings • Jul 24
Second quarter 2021 earnings released: EPS JA$0.23 (vs JA$0.078 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JA$10.9b (up 47% from 2Q 2020). Net income: JA$616.9m (up 199% from 2Q 2020). Profit margin: 5.7% (up from 2.8% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 7% per year. Valuation Update With 7 Day Price Move • Jun 24
Investor sentiment deteriorated over the past week After last week's 15% share price decline to JA$17.65, the stock trades at a trailing P/E ratio of 20.9x. Average trailing P/E is 29x in the Hospitality industry globally. Total returns to shareholders of 33% over the past three years. Upcoming Dividend • Apr 29
Upcoming dividend of JA$0.20 per share Eligible shareholders must have bought the stock before 06 May 2021. Payment date: 21 May 2021. Trailing yield: 4.8%. Within top quartile of Jamaican dividend payers (2.7%). Higher than average of industry peers (3.4%). Reported Earnings • Apr 26
First quarter 2021 earnings released: EPS JA$0.23 (vs JA$0.28 in 1Q 2020) The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2021 results: Revenue: JA$10.7b (up 5.7% from 1Q 2020). Net income: JA$592.3m (down 20% from 1Q 2020). Profit margin: 5.5% (down from 7.3% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 11% per year. Reported Earnings • Feb 28
Full year 2020 earnings released: EPS JA$0.90 (vs JA$0.93 in FY 2019) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: JA$39.4b (up 2.2% from FY 2019). Net income: JA$2.38b (down 2.6% from FY 2019). Profit margin: 6.0% (down from 6.3% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 12% per year. Is New 90 Day High Low • Feb 27
New 90-day low: JA$15.30 The company is down 13% from its price of JA$17.50 on 27 November 2020. The Jamaican market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Hospitality industry, which is down 4.0% over the same period. Is New 90 Day High Low • Nov 26
New 90-day high: JA$16.48 The company is up 18% from its price of JA$14.00 on 28 August 2020. The Jamaican market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Hospitality industry, which is up 10.0% over the same period. Duyuru • Nov 19
Supreme Ventures Limited Appoints Nickesha Eulette as Senior Vice President – Finance Supreme Ventures Limited announced that Ms. Nickesha Eulette was appointed to the post of Senior Vice President – Finance, on October 29, 2020. Reported Earnings • Nov 01
Third quarter earnings released Over the last 12 months the company has reported total profits of JA$2.22b, down 4.8% from the prior year. Total revenue was JA$38.4b over the last 12 months, up 4.4% from the prior year. Is New 90 Day High Low • Oct 02
New 90-day high: JA$16.00 The company is up 5.0% from its price of JA$15.20 on 03 July 2020. The Jamaican 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 9.0% over the same period. 