New Risk • Apr 20
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 57% 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 Risk Earnings have declined by 23% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (9.7% net profit margin). Revenue is less than US$5m (₱171m revenue, or US$2.8m). Market cap is less than US$100m (₱1.11b market cap, or US$18.5m). Reported Earnings • Apr 17
Full year 2025 earnings released: EPS: ₱0.001 (vs ₱0.001 in FY 2024) Full year 2025 results: EPS: ₱0.001 (in line with FY 2024). Revenue: ₱170.7m (up 45% from FY 2024). Net income: ₱16.5m (down 25% from FY 2024). Profit margin: 9.7% (down from 19% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Duyuru • Feb 25
Crown Equities, Inc., Annual General Meeting, May 26, 2026 Crown Equities, Inc., Annual General Meeting, May 26, 2026, at 14:00 W. Australia Standard Time. Duyuru • Dec 18
Crown Equities, Inc. (PSE:CEI) agreed to acquire remaining 52% stake in Crown Central Properties Corporation from Federal Land, Inc. and Horizon Land Property Development Corporation for PHP 73.5 million. Crown Equities, Inc. (PSE:CEI) agreed to acquire remaining 52% stake in Crown Central Properties Corporation from Federal Land, Inc. and Horizon Land Property Development Corporation for PHP 73.5 million on December 16, 2025. CEI said it acquired 62.5 million common shares from Federal Land, valued at PHP68.12 million, and 5 million common shares from Horizon Land, valued at PHP5.37 million. Following the transaction, Crown Equities now owns 100% of Crown Central Properties, which was previously a joint venture between Crown Equities and the FLI group. The acquisition was approved by CEI's board on December 16, 2025 and Customary conditions precedent for transactions of similar nature (i.e., internal due diligence, government approvals (if any), and actual issuance of share and stock certificates upon issuance of eCAR).. Reported Earnings • Nov 15
Third quarter 2025 earnings released Third quarter 2025 results: Revenue: ₱41.4m (up 81% from 3Q 2024). Net income: ₱11.4m (up 322% from 3Q 2024). Profit margin: 28% (up from 12% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. New Risk • Nov 15
New major risk - Revenue and earnings growth Earnings have declined by 15% per year over the past 5 years. 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 profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings 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 Risk Earnings have declined by 15% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.3% average weekly change). Profit margins are more than 30% lower than last year (16% net profit margin). Revenue is less than US$5m (₱158m revenue, or US$2.7m). Market cap is less than US$100m (₱1.12b market cap, or US$19.0m). New Risk • Sep 16
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 Filipino stocks, typically moving 11% 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 Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (12% net profit margin). Revenue is less than US$5m (₱139m revenue, or US$2.4m). Market cap is less than US$100m (₱1.03b market cap, or US$18.1m). Reported Earnings • Aug 15
Second quarter 2025 earnings released Second quarter 2025 results: Revenue: ₱41.1m (up 9.6% from 2Q 2024). Net income: ₱3.66m (down 75% from 2Q 2024). Profit margin: 8.9% (down from 39% in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 32% 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. New Risk • Jul 09
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 Filipino 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). Large one-off items impacting financial results. Revenue is less than US$5m (₱136m revenue, or US$2.4m). Market cap is less than US$100m (₱912.6m market cap, or US$16.1m). Recent Insider Transactions • Apr 30
Chief Compliance Officer recently bought ₱33m worth of stock On the 25th of April, Patrick Warren Go bought around 631m shares on-market at roughly ₱0.052 per share. This transaction increased Patrick Warren's direct individual holding by 1x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought ₱33m more in shares than they have sold in the last 12 months. New Risk • Apr 18
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 29% 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: Minor Risks Large one-off items impacting financial results. Revenue is less than US$5m (₱117m revenue, or US$2.1m). Market cap is less than US$100m (₱777.9m market cap, or US$13.7m). Reported Earnings • Apr 17
Full year 2024 earnings released: EPS: ₱0.002 (vs ₱0.003 in FY 2023) Full year 2024 results: EPS: ₱0.002 (down from ₱0.003 in FY 2023). Revenue: ₱117.4m (down 31% from FY 2023). Net income: ₱22.0m (down 44% from FY 2023). Profit margin: 19% (down from 23% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings. Duyuru • Feb 26
Crown Equities, Inc., Annual General Meeting, May 27, 2025 Crown Equities, Inc., Annual General Meeting, May 27, 2025, at 14:00 W. Australia Standard Time. Reported Earnings • Nov 16
Third quarter 2024 earnings released Third quarter 2024 results: Revenue: ₱22.9m (down 57% from 3Q 2023). Net income: ₱2.71m (down 82% from 3Q 2023). Profit margin: 12% (down from 28% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 35% 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 • May 15
First quarter 2024 earnings released First quarter 2024 results: Revenue: ₱29.9m (down 25% from 1Q 2023). Net income: ₱4.28m (down 59% from 1Q 2023). Profit margin: 14% (down from 26% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 27% 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. Reported Earnings • Apr 17
Full year 2023 earnings released: EPS: ₱0.003 (vs ₱0.003 in FY 2022) Full year 2023 results: EPS: ₱0.003 (in line with FY 2022). Revenue: ₱170.4m (down 24% from FY 2022). Net income: ₱39.5m (down 22% from FY 2022). Profit margin: 23% (in line with FY 2022). Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 18% per year. Buy Or Sell Opportunity • Mar 25
Now 26% undervalued Over the last 90 days, the stock has risen 24% to ₱0.083. The fair value is estimated to be ₱0.11, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.2% over the last 3 years. Earnings per share has grown by 2.8%. Duyuru • Feb 28
Crown Equities, Inc., Annual General Meeting, May 28, 2024 Crown Equities, Inc., Annual General Meeting, May 28, 2024, at 14:00 Singapore Standard Time. Reported Earnings • Nov 18
Third quarter 2023 earnings released Third quarter 2023 results: Revenue: ₱53.5m (down 41% from 3Q 2022). Net income: ₱14.9m (down 33% from 3Q 2022). Profit margin: 28% (up from 25% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings. New Risk • Nov 15
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 Filipino stocks, typically moving 9.1% 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 Earnings have declined by 40% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.1% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (22% net profit margin). Revenue is less than US$5m (₱192m revenue, or US$3.5m). Market cap is less than US$100m (₱837.8m market cap, or US$15.0m). Reported Earnings • Aug 16
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: ₱41.5m (down 9.2% from 2Q 2022). Net income: ₱3.53m (up ₱3.50m from 2Q 2022). Profit margin: 8.5% (up from 0.1% in 2Q 2022). 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 14% per year, which means it is significantly lagging earnings. Buying Opportunity • Aug 01
Now 23% undervalued after recent price drop Over the last 90 days, the stock is down 7.4%. The fair value is estimated to be ₱0.098, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.4% over the last 3 years. Meanwhile, the company has become profitable. New Risk • Jul 05
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 Filipino 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 Earnings have declined by 37% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.8% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (19% net profit margin). Revenue is less than US$5m (₱202m revenue, or US$3.6m). Market cap is less than US$100m (₱1.27b market cap, or US$23.0m). Buying Opportunity • Jun 29
Now 24% undervalued after recent price drop Over the last 90 days, the stock is down 16%. The fair value is estimated to be ₱0.096, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.4% over the last 3 years. Meanwhile, the company has become profitable. Buying Opportunity • Jun 01
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 16%. The fair value is estimated to be ₱0.098, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.4% over the last 3 years. Meanwhile, the company has become profitable. Reported Earnings • May 17
First quarter 2023 earnings released First quarter 2023 results: Revenue: ₱39.7m (down 34% from 1Q 2022). Net income: ₱10.3m (down 54% from 1Q 2022). Profit margin: 26% (down from 37% in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 18
Full year 2022 earnings released: EPS: ₱0.003 (vs ₱0.005 in FY 2021) Full year 2022 results: EPS: ₱0.003 (down from ₱0.005 in FY 2021). Revenue: ₱222.8m (up 6.3% from FY 2021). Net income: ₱50.7m (down 33% from FY 2021). Profit margin: 23% (down from 36% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Recent Insider Transactions • Mar 24
Insider recently bought ₱4.4m worth of stock On the 15th of March, Clare Alvarez bought around 54m shares on-market at roughly ₱0.082 per share. This transaction amounted to 8.9% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought ₱23m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Nov 10
Chief Compliance Officer recently bought ₱4.0m worth of stock On the 3rd of November, Patrick Warren Go bought around 51m shares on-market at roughly ₱0.078 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth ₱6.5m. Insiders have collectively bought ₱24m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Oct 22
Chief Compliance Officer recently bought ₱6.5m worth of stock On the 14th of October, Patrick Warren Go bought around 83m shares on-market at roughly ₱0.078 per share. This transaction amounted to 24% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought ₱20m more in shares than they have sold in the last 12 months. Buying Opportunity • Aug 19
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 13%. The fair value is estimated to be ₱0.11, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.5% over the last 3 years. Earnings per share has grown by 17%. Reported Earnings • Aug 17
Second quarter 2022 earnings released Second quarter 2022 results: Revenue: ₱51.1m (flat on 2Q 2021). Net income: ₱38.8k (down 100% from 2Q 2021). Profit margin: 0.1% (down from 40% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings. Recent Insider Transactions • Jun 24
Chief Compliance Officer recently bought ₱1.2m worth of stock On the 16th of June, Patrick Warren Go bought around 14m shares on-market at roughly ₱0.085 per share. In the last 3 months, they made an even bigger purchase worth ₱3.9m. Insiders have collectively bought ₱18m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Jun 11
Chief Compliance Officer recently bought ₱3.9m worth of stock On the 3rd of June, Patrick Warren Go bought around 44m shares on-market at roughly ₱0.09 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought ₱17m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Jun 03
Chief Compliance Officer recently bought ₱3.2m worth of stock On the 25th of May, Patrick Warren Go bought around 35m shares on-market at roughly ₱0.091 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought ₱13m more in shares than they have sold in the last 12 months. Duyuru • May 26
Crown Equities, Inc. Elects Mark O. Vergara as Corporate Secretary and Gino Paulo O. Uy as Assistant Corporate Secretary Crown Equities, Inc. at its board meeting held on May 24, 2022, elected Mark O. Vergara as Corporate Secretary and Gino Paulo O. Uy as Assistant Corporate Secretary. Reported Earnings • Apr 27
Full year 2021 earnings released: EPS: ₱0.005 (vs ₱0.002 in FY 2020) Full year 2021 results: EPS: ₱0.005 (up from ₱0.002 in FY 2020). Revenue: ₱209.5m (up 22% from FY 2020). Net income: ₱75.7m (up 172% from FY 2020). Profit margin: 36% (up from 16% in FY 2020). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings. Duyuru • Mar 04
Crown Equities, Inc. Appoints Atty. Gino Paulo O. Uy as Asst. Corporate Secretary Crown Equities, Inc. announced that at the regular meeting of the Board of Directors held March 1, 2022, the Board passed upon and approved the appointment of Atty. Gino Paulo O. Uy as Asst. Corporate Secretary of the Corporation. Duyuru • Mar 03
Crown Equities, Inc., Annual General Meeting, May 24, 2022 Crown Equities, Inc., Annual General Meeting, May 24, 2022, at 14:00 Singapore Standard Time. Recent Insider Transactions • Nov 16
Chief Compliance Officer recently bought ₱5.1m worth of stock On the 11th of November, Patrick Warren Go bought around 50m shares on-market at roughly ₱0.10 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought ₱9.9m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Aug 25
Board Member recently bought ₱693k worth of stock On the 18th of August, Christopher Brian Dy bought around 6m shares on-market at roughly ₱0.13 per share. In the last 3 months, there was an even bigger purchase from another insider worth ₱3.6m. Insiders have collectively bought ₱6.6m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Aug 05
First VP recently bought ₱140k worth of stock On the 30th of July, Eugene Macalalag bought around 1m shares on-market at roughly ₱0.13 per share. In the last 3 months, there was an even bigger purchase from another insider worth ₱3.6m. Insiders have collectively bought ₱5.9m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Jul 22
Director recently bought ₱3.6m worth of stock On the 16th of July, Nixon Lim bought around 28m shares on-market at roughly ₱0.13 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought ₱5.7m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Jul 13
Board Member recently bought ₱146k worth of stock On the 9th of July, Christopher Brian Dy bought around 1m shares on-market at roughly ₱0.13 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought ₱76m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Jul 04
Director recently bought ₱99k worth of stock On the 29th of June, Salvador Escano bought around 720k shares on-market at roughly ₱0.14 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought ₱75m more in shares than they have sold in the last 12 months. Executive Departure • May 15
Treasurer & Director has left the company On the 6th of May, Antonio Alvarez's tenure in the role of Treasurer & Director ended. As of December 2020, Antonio personally held only 195.36k shares (₱29k worth at the time). Antonio is the only executive to leave the company over the last 12 months. Reported Earnings • Apr 21
Full year 2020 earnings released: EPS ₱0.002 (vs ₱0.001 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: ₱172.0m (down 25% from FY 2019). Net income: ₱27.9m (up 75% from FY 2019). Profit margin: 16% (up from 7.0% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 54 percentage points per year, which is a significant difference in performance. Duyuru • Mar 19
Crown Equities, Inc., Annual General Meeting, May 25, 2021 Crown Equities, Inc., Annual General Meeting, May 25, 2021, at 14:00 Singapore Standard Time. Recent Insider Transactions • Sep 19
Chairman & Chief Audit Executive recently bought ₱142k worth of stock On the 17th of September, George Go bought around 1m shares on-market at roughly ₱0.13 per share. In the last 3 months, they made an even bigger purchase worth ₱73m. George has been a buyer over the last 12 months, purchasing a net total of ₱74m worth in shares.