Duyuru • May 08
Octopus Digital Limited to Report Q1, 2026 Results on May 18, 2026 Octopus Digital Limited announced that they will report Q1, 2026 results on May 18, 2026 New Risk • May 01
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.4% Last year net profit margin: 16% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. 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 Profit margins are more than 30% lower than last year (2.4% net profit margin). Revenue is less than US$5m (PK₨1.2b revenue, or US$4.4m). Market cap is less than US$100m (PK₨4.87b market cap, or US$17.5m). Reported Earnings • May 01
Full year 2025 earnings released: EPS: PK₨0.18 (vs PK₨1.30 in FY 2024) Full year 2025 results: EPS: PK₨0.18 (down from PK₨1.30 in FY 2024). Revenue: PK₨1.21b (down 4.2% from FY 2024). Net income: PK₨28.9m (down 86% from FY 2024). Profit margin: 2.4% (down from 16% in FY 2024). The decrease in margin was primarily driven by higher expenses. 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 11% per year, which means it has not declined as severely as earnings. Duyuru • Apr 21
Octopus Digital Limited to Report Fiscal Year 2025 Results on Apr 29, 2026 Octopus Digital Limited announced that they will report fiscal year 2025 results at 9:30 AM, Pakistan Standard Time on Apr 29, 2026 Duyuru • Apr 13
Octopus Digital Limited, Annual General Meeting, May 30, 2026 Octopus Digital Limited, Annual General Meeting, May 30, 2026. Valuation Update With 7 Day Price Move • Mar 31
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to PK₨33.98, the stock trades at a trailing P/E ratio of 45.2x. Average trailing P/E is 13x in the IT industry in Pakistan. Total loss to shareholders of 25% over the past three years. Valuation Update With 7 Day Price Move • Mar 16
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to PK₨29.61, the stock trades at a trailing P/E ratio of 39.4x. Average trailing P/E is 13x in the IT industry in Pakistan. Total loss to shareholders of 37% over the past three years. Valuation Update With 7 Day Price Move • Feb 24
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to PK₨30.04, the stock trades at a trailing P/E ratio of 40x. Average trailing P/E is 18x in the IT industry in Pakistan. Total loss to shareholders of 34% over the past three years. Reported Earnings • Oct 25
Third quarter 2025 earnings released: PK₨0.16 loss per share (vs PK₨0.009 profit in 3Q 2024) Third quarter 2025 results: PK₨0.16 loss per share (down from PK₨0.009 profit in 3Q 2024). Revenue: PK₨212.3m (down 2.6% from 3Q 2024). Net loss: PK₨25.3m (down PK₨26.8m from profit in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 52% 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 • Oct 16
Octopus Digital Limited to Report Q3, 2025 Results on Oct 23, 2025 Octopus Digital Limited announced that they will report Q3, 2025 results on Oct 23, 2025 Reported Earnings • Sep 03
Second quarter 2025 earnings released: EPS: PK₨0.07 (vs PK₨0.21 loss in 2Q 2024) Second quarter 2025 results: EPS: PK₨0.07 (up from PK₨0.21 loss in 2Q 2024). Revenue: PK₨306.0m (down 2.6% from 2Q 2024). Net income: PK₨11.6m (up PK₨44.9m from 2Q 2024). Profit margin: 3.8% (up from net loss in 2Q 2024). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Duyuru • Aug 22
Octopus Digital Limited to Report First Half, 2025 Results on Aug 29, 2025 Octopus Digital Limited announced that they will report first half, 2025 results on Aug 29, 2025 New Risk • May 19
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 Pakistani stocks, typically moving 8.1% 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 16% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.1% average weekly change). Profit margins are more than 30% lower than last year (8.5% net profit margin). Revenue is less than US$5m (PK₨1.2b revenue, or US$4.2m). Market cap is less than US$100m (PK₨8.51b market cap, or US$30.2m). New Risk • May 15
New major risk - Revenue and earnings growth Earnings have declined by 16% 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 16% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (8.5% net profit margin). Revenue is less than US$5m (PK₨1.2b revenue, or US$4.2m). Market cap is less than US$100m (PK₨7.45b market cap, or US$26.4m). Valuation Update With 7 Day Price Move • May 09
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to PK₨39.75, the stock trades at a trailing P/E ratio of 30.4x. Average trailing P/E is 17x in the IT industry in Pakistan. Total loss to shareholders of 24% over the past three years. Duyuru • Apr 07
Octopus Digital Limited, Annual General Meeting, Apr 30, 2025 Octopus Digital Limited, Annual General Meeting, Apr 30, 2025. Location: lahore hotel faran, nursery, block-6, p.e.c.h.s, shahra-e-faisal, karachi Pakistan Reported Earnings • Apr 05
Full year 2024 earnings released: EPS: PK₨1.31 (vs PK₨2.52 in FY 2023) Full year 2024 results: EPS: PK₨1.31 (down from PK₨2.52 in FY 2023). Revenue: PK₨1.27b (up 38% from FY 2023). Net income: PK₨205.5m (down 45% from FY 2023). Profit margin: 16% (down from 41% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Duyuru • Nov 30
Octopus Digital Limited Announces Board Changes Octopus Digital Limited has appointed Mr. Humayun Maqbool as an Independent Director, following the resignation of Mr. Mohammad Shahid Mir. The appointment will take effect from November 28, 2024, and Mr. Maqbool will serve the remaining term until June 7, 2027. Mr. Mohammad Shahid Mir resigned from his position on November 4, 2024, creating a casual vacancy on the Board of Directors. This vacancy was filled in accordance with Section 96 and 131 of the Securities Act, 2015, as well as Clauses 5.6.1(a)(xii) of PSX Regulations, and Sections 155, 161, and 166 of The Companies Act, 2017. According to information available from the Pakistan Stock Exchange (PSX), the Board of Octopus Digital Limited took prompt action to address the casual vacancy. Mr. Maqbool's appointment aligns with regulatory requirements and ensures continuity in the board's operations. The appointment of Mr. Maqbool is intended to provide stability and maintain the governance framework of Octopus Digital Limited. The company has communicated these changes to the TRE Certificate Holders of the Exchange as per regulatory obligations. Reported Earnings • Nov 03
Third quarter 2024 earnings released: EPS: PK₨0.01 (vs PK₨0.45 in 3Q 2023) Third quarter 2024 results: EPS: PK₨0.01 (down from PK₨0.45 in 3Q 2023). Revenue: PK₨218.0m (up 12% from 3Q 2023). Net income: PK₨1.47m (down 98% from 3Q 2023). Profit margin: 0.7% (down from 36% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Oct 30
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to PK₨83.75, the stock trades at a trailing P/E ratio of 68.6x. Average trailing P/E is 20x in the IT industry in Pakistan. Total returns to shareholders of 36% over the past three years. Valuation Update With 7 Day Price Move • Oct 11
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to PK₨89.78, the stock trades at a trailing P/E ratio of 73.6x. Average trailing P/E is 18x in the IT industry in Pakistan. Total returns to shareholders of 33% over the past three years. Valuation Update With 7 Day Price Move • Jul 17
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to PK₨98.35, the stock trades at a trailing P/E ratio of 60.9x. Average trailing P/E is 12x in the IT industry in Pakistan. Total returns to shareholders of 124% over the past year. Valuation Update With 7 Day Price Move • Jun 13
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to PK₨76.55, the stock trades at a trailing P/E ratio of 47.4x. Average trailing P/E is 10x in the IT industry in Pakistan. Total returns to shareholders of 90% over the past year. Valuation Update With 7 Day Price Move • May 26
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to PK₨60.80, the stock trades at a trailing P/E ratio of 37.7x. Average trailing P/E is 11x in the IT industry in Pakistan. Total returns to shareholders of 53% over the past year. Reported Earnings • May 19
First quarter 2024 earnings released: EPS: PK₨0.84 (vs PK₨1.55 in 1Q 2023) First quarter 2024 results: EPS: PK₨0.84 (down from PK₨1.55 in 1Q 2023). Revenue: PK₨313.9m (up 232% from 1Q 2023). Net income: PK₨123.7m (down 49% from 1Q 2023). Profit margin: 39% (down from 258% in 1Q 2023). Valuation Update With 7 Day Price Move • May 10
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to PK₨74.14, the stock trades at a trailing P/E ratio of 31.2x. Average trailing P/E is 18x in the IT industry in Pakistan. Total returns to shareholders of 67% over the past year. Valuation Update With 7 Day Price Move • Apr 23
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to PK₨53.19, the stock trades at a trailing P/E ratio of 34x. Average trailing P/E is 13x in the IT industry in Pakistan. Total returns to shareholders of 15% over the past year. Valuation Update With 7 Day Price Move • Jan 01
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to PK₨48.72, the stock trades at a trailing P/E ratio of 31.1x. Average trailing P/E is 24x in the IT industry in Asia. Total loss to shareholders of 2.5% over the past year. Valuation Update With 7 Day Price Move • Jul 07
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to PK₨45.23, the stock trades at a trailing P/E ratio of 17.6x. Average trailing P/E is 14x in the IT industry in Pakistan. Total loss to shareholders of 25% over the past year. Reported Earnings • May 24
Full year 2022 earnings released: EPS: PK₨2.96 (vs PK₨2.20 in FY 2021) Full year 2022 results: EPS: PK₨2.96 (up from PK₨2.20 in FY 2021). Revenue: PK₨687.0m (up 9.9% from FY 2021). Net income: PK₨405.1m (up 17% from FY 2021). Profit margin: 59% (up from 55% in FY 2021). Duyuru • Jan 26
Octopus Digital Limited Appoints Tanveer Karamat as Chief Executive Officer Octopus Digital Limited informed the appointment of Mr. Tanveer Karamat has been appointed as a Chief Executive Officer of the company with effect from January 24, 2023 in place of Mr. Asmar Ahmed Atif. Board Change • Nov 16
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. 7 experienced directors. No highly experienced directors. 2 independent directors (5 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • May 30
Investor sentiment improved over the past week After last week's 17% share price gain to PK₨69.54, the stock trades at a trailing P/E ratio of 17.4x. Average trailing P/E is 21x in the IT industry in Asia. 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. 7 experienced directors. No highly experienced directors. 2 independent directors (5 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Apr 12
Investor sentiment improved over the past week After last week's 17% share price gain to PK₨80.08, the stock trades at a trailing P/E ratio of 20x. Average trailing P/E is 24x in the IT industry in Asia. Valuation Update With 7 Day Price Move • Jan 04
Investor sentiment improved over the past week After last week's 18% share price gain to PK₨89.85, the stock trades at a trailing P/E ratio of 22.4x. Average forward P/E is 25x in the IT industry in Asia. Valuation Update With 7 Day Price Move • Dec 20
Investor sentiment improved over the past week After last week's 25% share price gain to PK₨73.92, the stock trades at a trailing P/E ratio of 18.5x. Average forward P/E is 23x in the IT industry in Asia. 
