New Risk • Apr 14
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 212% 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 Share price has been highly volatile over the past 3 months (12% average weekly change). Revenue is less than US$1m (₱4.5m revenue, or US$75k). Market cap is less than US$10m (₱124.0m market cap, or US$2.07m). Minor Risk Large one-off items impacting financial results. Reported Earnings • Apr 09
Full year 2025 earnings released: EPS: ₱0.004 (vs ₱0.002 loss in FY 2024) Full year 2025 results: EPS: ₱0.004 (up from ₱0.002 loss in FY 2024). Revenue: ₱38.3m (up ₱32.5m from FY 2024). Net income: ₱3.72m (up ₱5.73m from FY 2024). Profit margin: 9.7% (up from net loss in FY 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has fallen by 29% per year, which means it is significantly lagging earnings. New Risk • Apr 07
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 8.5% 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 Risks Revenue is less than US$1m (₱2.9m revenue, or US$49k). Market cap is less than US$10m (₱113.4m market cap, or US$1.89m). Minor Risks Share price has been volatile over the past 3 months (8.5% average weekly change). Large one-off items impacting financial results. Duyuru • Mar 23
Omico Corporation, Annual General Meeting, May 29, 2026 Omico Corporation, Annual General Meeting, May 29, 2026. Reported Earnings • Nov 14
Third quarter 2025 earnings released: EPS: ₱0.005 (vs ₱0.002 in 3Q 2024) Third quarter 2025 results: EPS: ₱0.005 (up from ₱0.002 in 3Q 2024). Revenue: ₱10.3m (up ₱10.3m from 3Q 2024). Net income: ₱5.13m (up 189% from 3Q 2024). Profit margin: 50% (down from 5,650% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 31% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 09
Second quarter 2025 earnings released: EPS: ₱0.003 (vs ₱0 in 2Q 2024) Second quarter 2025 results: EPS: ₱0.003 (up from ₱0 in 2Q 2024). Net income: ₱3.26m (up ₱3.41m from 2Q 2024). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 17
Full year 2024 earnings released: ₱0.002 loss per share (vs ₱0.019 loss in FY 2023) Full year 2024 results: ₱0.002 loss per share (improved from ₱0.019 loss in FY 2023). Net loss: ₱2.01m (loss narrowed 90% from FY 2023). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings. Duyuru • Mar 24
Omico Corporation, Annual General Meeting, May 30, 2025 Omico Corporation, Annual General Meeting, May 30, 2025, at 09:00 W. Australia Standard Time. Board Change • Mar 10
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Director Ricardo Blancaflor was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 12
Third quarter 2024 earnings released: EPS: ₱0.002 (vs ₱0.002 loss in 3Q 2023) Third quarter 2024 results: EPS: ₱0.002 (up from ₱0.002 loss in 3Q 2023). Net income: ₱1.78m (up ₱4.03m from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 10
Second quarter 2024 earnings released: EPS: ₱0 (vs ₱0.003 loss in 2Q 2023) Second quarter 2024 results: EPS: ₱0 (improved from ₱0.003 loss in 2Q 2023). Net loss: ₱155.7k (loss narrowed 95% from 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 29% per year, which means it is performing significantly worse than earnings. New Risk • Jun 14
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 8.5% 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 Risks Earnings have declined by 6.8% per year over the past 5 years. Revenue is less than US$1m (₱19m revenue, or US$331k). Market cap is less than US$10m (₱178.6m market cap, or US$3.04m). Minor Risk Share price has been volatile over the past 3 months (8.5% average weekly change). New Risk • Apr 11
New major risk - Revenue and earnings growth Earnings have declined by 4.4% 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 Risks Earnings have declined by 4.4% per year over the past 5 years. Revenue is less than US$1m (₱27m revenue, or US$485k). Market cap is less than US$10m (₱239.5m market cap, or US$4.24m). Reported Earnings • Apr 11
Full year 2023 earnings released: ₱0.019 loss per share (vs ₱0.012 loss in FY 2022) Full year 2023 results: ₱0.019 loss per share (further deteriorated from ₱0.012 loss in FY 2022). Net loss: ₱19.7m (loss widened 61% from FY 2022). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. Duyuru • Mar 22
Omico Corporation, Annual General Meeting, May 31, 2024 Omico Corporation, Annual General Meeting, May 31, 2024, at 09:00 Singapore Standard Time. Agenda: To consider approval of the Minutes of the Annual Meeting of Stockholders held on May 26, 2023; to consider presentation of Annual Report and Approval of the Audited Financial Statements as of December 31, 2023; to consider ratification of Acts and Proceedings of the Board of Directors and Management from May 26, 2023; to consider election of Directors; to consider election of External Auditor; to consider other business; and to consider ajournment. New Risk • Feb 08
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 Risks Revenue is less than US$1m (₱40m revenue, or US$724k). Market cap is less than US$10m (₱239.5m market cap, or US$4.29m). Minor Risk Share price has been volatile over the past 3 months (6.8% average weekly change). Reported Earnings • Nov 15
Third quarter 2023 earnings released: ₱0.002 loss per share (vs ₱0.001 loss in 3Q 2022) Third quarter 2023 results: ₱0.002 loss per share (further deteriorated from ₱0.001 loss in 3Q 2022). Net loss: ₱2.25m (loss widened 68% from 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 12% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 09
Second quarter 2023 earnings released: ₱0.003 loss per share (vs ₱0.001 loss in 2Q 2022) Second quarter 2023 results: ₱0.003 loss per share (further deteriorated from ₱0.001 loss in 2Q 2022). Net loss: ₱2.82m (loss widened 98% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 13
Full year 2022 earnings released: ₱0.012 loss per share (vs ₱0.015 loss in FY 2021) Full year 2022 results: ₱0.012 loss per share (improved from ₱0.015 loss in FY 2021). Revenue: ₱50.5m (up 46% from FY 2021). Net loss: ₱12.2m (loss narrowed 20% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 5% per year. Reported Earnings • Nov 17
Third quarter 2022 earnings released: ₱0.001 loss per share (vs ₱0.001 loss in 3Q 2021) Third quarter 2022 results: ₱0.001 loss per share (in line with 3Q 2021). Net loss: ₱1.33m (loss narrowed 13% from 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 21% per year whereas the company’s share price has fallen by 18% per year. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Director Ricardo Blancaflor was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 09
Second quarter 2022 earnings released: ₱0.001 loss per share (vs ₱0.003 profit in 2Q 2021) Second quarter 2022 results: ₱0.001 loss per share (down from ₱0.003 profit in 2Q 2021). Net loss: ₱1.42m (down 151% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Reported Earnings • Apr 27
First quarter 2022 earnings released: ₱0.003 loss per share (vs ₱0.004 loss in 1Q 2021) First quarter 2022 results: ₱0.003 loss per share (up from ₱0.004 loss in 1Q 2021). Net loss: ₱3.47m (loss narrowed 8.0% from 1Q 2021). 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 16% per year. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 7 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director John Edwin Co was the last independent director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Apr 15
Full year 2021 earnings released: ₱0.015 loss per share (vs ₱0.014 loss in FY 2020) Full year 2021 results: ₱0.015 loss per share (down from ₱0.014 loss in FY 2020). Net loss: ₱15.2m (loss widened 6.4% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 16% per year, which means it is performing significantly worse than earnings. Duyuru • Mar 29
Omico Corporation, Annual General Meeting, May 27, 2022 Omico Corporation, Annual General Meeting, May 27, 2022, at 09:00 Singapore Standard Time. Agenda: To consider the certification of notice and quorum; to consider the approval of the minutes of the annual meeting of stockholders held on May 28, 2021; to consider the election of directors; and to discuss other matters. Reported Earnings • Aug 12
Second quarter 2021 earnings released: EPS ₱0.003 (vs ₱0.002 loss in 2Q 2020) Second quarter 2021 results: Net income: ₱2.81m (up ₱5.00m from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 27
First quarter 2021 earnings released: ₱0.004 loss per share (vs ₱0.002 loss in 1Q 2020) First quarter 2021 results: Net loss: ₱3.77m (loss widened 118% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Feb 23
New 90-day high: ₱0.53 The company is up 38% from its price of ₱0.39 on 25 November 2020. The Filipino market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is down 4.0% over the same period. Is New 90 Day High Low • Jan 13
New 90-day high: ₱0.45 The company is up 25% from its price of ₱0.35 on 16 October 2020. The Filipino market is up 21% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Real Estate industry, which is up 31% over the same period. Is New 90 Day High Low • Dec 17
New 90-day high: ₱0.42 The company is up 14% from its price of ₱0.37 on 18 September 2020. The Filipino market is up 23% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 34% over the same period. Reported Earnings • Nov 15
Third quarter 2020 earnings released: ₱0.001 loss per share Third quarter 2020 results: Net loss: ₱612.6k (down 161% from profit in 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Nov 09
New 90-day low: ₱0.32 The company is down 26% from its price of ₱0.42 on 11 August 2020. The Filipino market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 11% over the same period. Is New 90 Day High Low • Oct 06
New 90-day low: ₱0.33 The company is down 6.0% from its price of ₱0.35 on 08 July 2020. The Filipino market is down 3.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Real Estate industry, which is down 8.0% over the same period.