Duyuru • Apr 29
Xox Networks Berhad, Annual General Meeting, Jun 11, 2026 Xox Networks Berhad, Annual General Meeting, Jun 11, 2026, at 10:00 Singapore Standard Time. Location: lot 4.1, 4th floor, menara lien hoe, no. 8, persiaran tropicana, tropicana golf & country resort, 47410 petaling jaya, selangor, Malaysia Reported Earnings • Mar 01
Full year 2025 earnings released: RM0.008 loss per share (vs RM0.008 loss in FY 2024) Full year 2025 results: RM0.008 loss per share (in line with FY 2024). Revenue: RM10.9m (up 1.6% from FY 2024). Net loss: RM8.56m (loss narrowed 6.4% from FY 2024). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. New Risk • Mar 01
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -RM6.4m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. 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 (-RM6.4m free cash flow). Share price has been highly volatile over the past 3 months (29% average weekly change). Earnings have declined by 4.2% per year over the past 5 years. Market cap is less than US$10m (RM28.4m market cap, or US$7.30m). Minor Risk Revenue is less than US$5m (RM11m revenue, or US$2.8m). Reported Earnings • Aug 31
Full year 2025 earnings released: RM0.007 loss per share (vs RM0.007 loss in FY 2024) Full year 2025 results: RM0.007 loss per share (in line with FY 2024). Revenue: RM13.0m (up 46% from FY 2024). Net loss: RM7.56m (loss narrowed 1.1% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 31% per year, which means it is performing significantly worse than earnings. Reported Earnings • May 31
Third quarter 2025 earnings released Third quarter 2025 results: Revenue: RM1.94m (down 23% from 3Q 2024). Net loss: RM1.37m (loss widened 29% from 3Q 2024). Reported Earnings • Mar 01
Second quarter 2025 earnings released: RM0.001 loss per share (vs RM0.001 loss in 2Q 2024) Second quarter 2025 results: RM0.001 loss per share (in line with 2Q 2024). Revenue: RM3.67m (up 156% from 2Q 2024). Net loss: RM965.0k (loss narrowed 22% from 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Reported Earnings • Nov 30
First quarter 2025 earnings released: RM0.002 loss per share (vs RM0 in 1Q 2024) First quarter 2025 results: RM0.002 loss per share (further deteriorated from RM0 in 1Q 2024). Revenue: RM3.50m (down 9.5% from 1Q 2024). Net loss: RM2.05m (loss widened RM1.86m from 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 37% per year, which means it is performing significantly worse than earnings. Board Change • Oct 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. 5 experienced directors. No highly experienced directors. Independent & Non Executive Chairman Ezuan Bin Nun Ahmad was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 30
Full year 2024 earnings released: RM0.007 loss per share (vs RM0.011 loss in FY 2023) Full year 2024 results: RM0.007 loss per share (improved from RM0.011 loss in FY 2023). Revenue: RM8.90m (down 68% from FY 2023). Net loss: RM7.85m (loss narrowed 36% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 29% per year, which means it is performing significantly worse than earnings. Reported Earnings • Jun 04
Third quarter 2024 earnings released: RM0.001 loss per share (vs RM0.003 loss in 3Q 2023) Third quarter 2024 results: RM0.001 loss per share (improved from RM0.003 loss in 3Q 2023). Revenue: RM2.53m (down 83% from 3Q 2023). Net loss: RM1.06m (loss narrowed 73% from 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has fallen by 22% per year, which means it is performing significantly worse than earnings. Reported Earnings • Feb 28
Second quarter 2024 earnings released: RM0.001 loss per share (vs RM0.004 loss in 2Q 2023) Second quarter 2024 results: RM0.001 loss per share (improved from RM0.004 loss in 2Q 2023). Revenue: RM1.44m (down 77% from 2Q 2023). Net loss: RM1.24m (loss narrowed 75% from 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 46% per year, which means it is performing significantly worse than earnings. Duyuru • Feb 08
Xox Networks Berhad Announces Resignation of Koo Kien Keat as Executive Director Xox Networks Berhad announced resignation of Mr. Koo Kien Keat, age:38, as Executive Director due to his other work commitments. Date of change is February 8, 2024. Buy Or Sell Opportunity • Jan 22
Now 24% overvalued The stock has been flat over the last 90 days, currently trading at RM0.035. The fair value is estimated to be RM0.028, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Earnings per share has grown by 9.6%. Reported Earnings • Nov 30
First quarter 2024 earnings released: EPS: RM0 (vs RM0.002 in 1Q 2023) First quarter 2024 results: EPS: RM0 (down from RM0.002 in 1Q 2023). Revenue: RM3.87m (down 38% from 1Q 2023). Net loss: RM186.0k (down 109% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 45% per year, which means it is significantly lagging earnings. Duyuru • Nov 04
Xox Networks Berhad Announces Redesignation of Mr. Lee Kien Fatt from Independent Director to Non Independent and Non Executive Director with Effect from November 3, 2023 Xox Networks Berhad announced Redesignation of Mr. Lee Kien Fatt, 57-year-old, male, from Independent Director to Non Independent and Non Executive director with effect from November 3, 2023. Duyuru • Oct 28
Xox Networks Berhad, Annual General Meeting, Nov 27, 2023 Xox Networks Berhad, Annual General Meeting, Nov 27, 2023, at 10:30 Singapore Standard Time. Location: Lot 4.1, 4th Floor, Menara Lien Hoe, No. 8, Persiaran Tropicana, Tropicana Golf & Country Resort, 47410 Petaling Jaya Selangor Malaysia Agenda: To receive the Audited Financial Statements for the financial year ended 30 June 2023 together with the Reports of the Directors and Auditors thereon; To approve the payment of Directors' fees of up to RM550,000 for the financial year ending 30 June 2024; To re-elect Mr. Andy Liew Hock Sim as Director of the Company, who retires by rotation in accordance with Clause 107 of the Company's Constitution and who being eligible, has offered himself for re-election; and to discuss other matters. Reported Earnings • Sep 01
Full year 2023 earnings released: RM0.011 loss per share (vs RM0.005 loss in FY 2022) Full year 2023 results: RM0.011 loss per share (further deteriorated from RM0.005 loss in FY 2022). Revenue: RM27.7m (down 17% from FY 2022). Net loss: RM12.1m (loss widened 114% from FY 2022). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 39% per year, which means it is significantly lagging earnings. Reported Earnings • Jun 03
Third quarter 2023 earnings released: RM0.003 loss per share (vs RM0.001 loss in 3Q 2022) Third quarter 2023 results: RM0.003 loss per share (further deteriorated from RM0.001 loss in 3Q 2022). Revenue: RM14.5m (up 49% from 3Q 2022). Net loss: RM3.90m (loss widened 416% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 03
Second quarter 2023 earnings released: RM0.004 loss per share (vs RM0.002 loss in 2Q 2022) Second quarter 2023 results: RM0.004 loss per share (further deteriorated from RM0.002 loss in 2Q 2022). Revenue: RM6.20m (down 50% from 2Q 2022). Net loss: RM4.96m (loss widened 119% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Reported Earnings • Dec 04
First quarter 2023 earnings released: EPS: RM0.002 (vs RM0.001 loss in 1Q 2022) First quarter 2023 results: EPS: RM0.002 (up from RM0.001 loss in 1Q 2022). Revenue: RM6.26m (up 13% from 1Q 2022). Net income: RM1.99m (up RM2.63m from 1Q 2022). Profit margin: 32% (up from net loss in 1Q 2022). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Duyuru • Sep 04
Shian Hwee Cheng entered into a share sale agreement to acquire Macpie Distribution Sdn. Bhd. from Xox Networks Berhad (KLSE:XOXNET) for MYR 0.1 million. Shian Hwee Cheng entered into a share sale agreement to acquire Macpie Distribution Sdn. Bhd. from Xox Networks Berhad (KLSE:XOXNET) for MYR 0.1 million on September 2, 2022. As a part of transaction, Xox Networks is selling 3 million shares. The transaction is conditional upon XOX Networks complying to any requirements required by any laws, rules and regulations of Bursa Malaysia Securities Berhad and obtaining all necessary approvals to carry out and complete the sale and purchase of the Sale Shares pursuant to terms of the SSA, including the approval of its shareholders. Xox Networks Berhad intends to utilise the proceeds from the Disposal as working capital. The transaction is expected to complete within 30 days. Reported Earnings • Aug 31
Full year 2022 earnings released: RM0.005 loss per share (vs RM0.009 loss in FY 2021) Full year 2022 results: RM0.005 loss per share (up from RM0.009 loss in FY 2021). Revenue: RM33.6m (up 5.6% from FY 2021). Net loss: RM5.78m (loss narrowed 35% from FY 2021). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings. Reported Earnings • Jun 03
Third quarter 2022 earnings released Third quarter 2022 results: RM0.001 loss per share. Revenue: RM9.71m (up 17% from 3Q 2021). Net loss: RM756.0k (loss narrowed 67% from 3Q 2021). Reported Earnings • Mar 02
Second quarter 2022 earnings: Revenues exceed analyst expectations Second quarter 2022 results: Revenue: RM12.4m (up 8.2% from 2Q 2021). Net loss: RM2.26m (loss widened RM2.18m from 2Q 2021). Revenue exceeded analyst estimates by 7.1%. Reported Earnings • Dec 01
First quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat First quarter 2022 results: RM0.001 loss per share (up from RM0.002 loss in 1Q 2021). Revenue: RM5.54m (up 8.5% from 1Q 2021). Net loss: RM641.0k (loss narrowed 60% from 1Q 2021). Revenue exceeded analyst estimates by 7.1%. Board Change • Nov 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent and Non Executive Chairman Ezuan Bin Tengku Nun Ahmad was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Oct 22
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent and Non Executive Chairman Ezuan Bin Tengku Nun Ahmad was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 08
Full year 2021 earnings released: RM0.009 loss per share (vs RM0.012 loss in FY 2020) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2021 results: Revenue: RM31.8m (down 51% from FY 2020). Net loss: RM8.86m (loss widened 8.8% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Board Change • Sep 02
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. Independent Non Executive Director Lionel Vernon Yong is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Duyuru • Aug 31
Macpie Berhad (KLSE:MACPIE) acquired 51% stake in Trumpet International. Macpie Berhad (KLSE:MACPIE) acquired 51% stake in Trumpet International on April 12, 2018.
Macpie Berhad (KLSE:MACPIE) completed the acquisition of 51% stake in Trumpet International on April 12, 2018. Reported Earnings • May 29
Third quarter 2021 earnings released: RM0.004 loss per share (vs RM0.002 loss in 3Q 2020) The company reported a poor third quarter result with increased losses, weaker revenues and weaker control over costs. Third quarter 2021 results: Revenue: RM8.33m (down 44% from 3Q 2020). Net loss: RM2.28m (loss widened 68% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 16% per year. Is New 90 Day High Low • Feb 09
New 90-day low: RM0.40 The company is down 25% from its price of RM0.53 on 11 November 2020. The Malaysian market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 23% over the same period. Duyuru • Feb 03
Macpie Berhad (KLSE:MACPIE) signs heads of agreement to acquire 35% stake in Techninier Sdn Bhd from Datin Soh Meizhi for MYR 90 million. Macpie Berhad (KLSE:MACPIE) signs heads of agreement to acquire 35% stake in Techninier Sdn Bhd from Datin Soh Meizhi for MYR 90 million on February 2, 2021. Under the terms of transaction, Macpie Berhad will acquire 0.3 million shares. Pursuant to the HOA, the parties have agreed to enter into a definitive agreement within 60 days from the completion of a valuation on Techninier. Reported Earnings • Nov 30
First quarter 2021 earnings released: RM0.004 loss per share The company reported a poor first quarter result with weaker earnings, revenues and control over expenses. First quarter 2021 results: Revenue: RM5.11m (down 82% from 1Q 2020). Net loss: RM1.59m (down RM1.65m from profit in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth. Duyuru • Nov 21
Macpie Berhad Announces Resignation of Ng Chee Heng as Executive Director Macpie Berhad announced that the resignation of Mr. Ng Chee Heng as executive director, the date of change on November 20, 2020. Reason for the resignation Ng Chee Heng, personal work commitment. Duyuru • Nov 15
Macpie Berhad enters into A Master Service Agreement with Xox Mobile Sdn Bhd The Board of Directors of Macpie Berhad announced that the Company had on 13 November 2020 entered into a Master Service Agreement with XOX Mobile Sdn Bhd, a wholly-owned subsidiary of XOX Berhad for services related to the organization of the Event known as XOX Unity Player Unknown Battleground League at the initial price MYR 2,300,000. Duyuru • Nov 14
XOX Bhd Moves into E-Sports with Macpie Bhd XOX Bhd has signed a management contract awarded to Macpie Bhd to originate, organise and execute a mobile E-sports League of its first kind in Malaysia. E-sports are already events being competed in the SEA Games in 2019 in Manila, with 6 medals being contested. Console and mobile gamers are the new generation of athletes and in the digital age, represents the direction of technology development and consumer behaviour worldwide. XOX is looking to broaden its scope of digital content by organising and hosting this League, in what would be its first steps to create an entire sub-ecosystem of revenue generation leveraging off its existing mobile network, digital media, e-wallet and marketplace infrastructure. Is New 90 Day High Low • Nov 09
New 90-day high: RM0.63 The company is up 363% from its price of RM0.14 on 11 August 2020. The Malaysian market is down 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 22% over the same period. 
