Reported Earnings • May 06
Third quarter 2026 earnings released: EPS: PK₨0.41 (vs PK₨0.27 in 3Q 2025) Third quarter 2026 results: EPS: PK₨0.41 (up from PK₨0.27 in 3Q 2025). Revenue: PK₨2.51b (down 1.5% from 3Q 2025). Net income: PK₨138.8m (up 49% from 3Q 2025). Profit margin: 5.5% (up from 3.7% in 3Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Duyuru • Apr 23
Telecard Limited to Report Q3, 2026 Results on Apr 30, 2026 Telecard Limited announced that they will report Q3, 2026 results on Apr 30, 2026 Reported Earnings • Mar 05
Second quarter 2026 earnings released: EPS: PK₨0.05 (vs PK₨0.20 in 2Q 2025) Second quarter 2026 results: EPS: PK₨0.05 (down from PK₨0.20 in 2Q 2025). Revenue: PK₨2.15b (down 33% from 2Q 2025). Net income: PK₨17.0m (down 75% from 2Q 2025). Profit margin: 0.8% (down from 2.2% in 2Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 58% 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 • Feb 27
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: PK₨2.77b (US$9.91m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (PK₨2.77b market cap, or US$9.91m). Minor Risk Share price has been volatile over the past 3 months (7.5% average weekly change). Valuation Update With 7 Day Price Move • Feb 23
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to PK₨8.62, the stock trades at a trailing P/E ratio of 16.4x. Average trailing P/E is 17x in the Telecom industry in Asia. Total returns to shareholders of 54% over the past three years. Duyuru • Feb 20
Telecard Limited to Report Q2, 2026 Results on Feb 27, 2026 Telecard Limited announced that they will report Q2, 2026 results on Feb 27, 2026 Valuation Update With 7 Day Price Move • Jan 07
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to PK₨13.06, the stock trades at a trailing P/E ratio of 24.8x. Average trailing P/E is 17x in the Telecom industry in Asia. Total returns to shareholders of 93% over the past three years. Valuation Update With 7 Day Price Move • Nov 11
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to PK₨10.70, the stock trades at a trailing P/E ratio of 20.3x. Average trailing P/E is 17x in the Telecom industry in Asia. Total returns to shareholders of 7.2% over the past three years. Duyuru • Oct 24
Telecard Limited to Report Q1, 2026 Results on Oct 30, 2025 Telecard Limited announced that they will report Q1, 2026 results on Oct 30, 2025 Valuation Update With 7 Day Price Move • Oct 20
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to PK₨11.84, the stock trades at a trailing P/E ratio of 27.8x. Average trailing P/E is 17x in the Telecom industry in Asia. Total returns to shareholders of 9.2% over the past three years. New Risk • Oct 16
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 7.2% 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 (7.2% average weekly change). Market cap is less than US$100m (PK₨3.84b market cap, or US$13.7m). Reported Earnings • Oct 10
Full year 2025 earnings released: EPS: PK₨0.43 (vs PK₨0.034 in FY 2024) Full year 2025 results: EPS: PK₨0.43 (up from PK₨0.034 in FY 2024). Revenue: PK₨11.2b (up 3.6% from FY 2024). Net income: PK₨144.4m (up PK₨132.8m from FY 2024). Profit margin: 1.3% (up from 0.1% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance. Duyuru • Oct 09
Telecard Limited, Annual General Meeting, Oct 28, 2025 Telecard Limited, Annual General Meeting, Oct 28, 2025. Location: 75 east blue area, fazal-e-haq road, islamabad Pakistan New Risk • May 12
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 8.2% 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 6.9% per year over the past 5 years. Market cap is less than US$10m (PK₨2.34b market cap, or US$8.31m). Minor Risk Share price has been volatile over the past 3 months (8.2% average weekly change). Reported Earnings • May 10
Third quarter 2025 earnings released: EPS: PK₨0.27 (vs PK₨0.09 loss in 3Q 2024) Third quarter 2025 results: EPS: PK₨0.27 (up from PK₨0.09 loss in 3Q 2024). Revenue: PK₨2.55b (down 6.0% from 3Q 2024). Net income: PK₨93.0m (up PK₨123.2m from 3Q 2024). Profit margin: 3.7% (up from net loss in 3Q 2024). The move to profitability 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 56 percentage points per year, which is a significant difference in performance. Reported Earnings • Mar 18
Second quarter 2025 earnings released: EPS: PK₨0.20 (vs PK₨0.52 in 2Q 2024) Second quarter 2025 results: EPS: PK₨0.20 (down from PK₨0.52 in 2Q 2024). Revenue: PK₨3.20b (up 1.3% from 2Q 2024). Net income: PK₨69.0m (down 60% from 2Q 2024). Profit margin: 2.2% (down from 5.5% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance. New Risk • Feb 04
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: PK₨2.78b (US$9.97m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (PK₨2.78b market cap, or US$9.97m). Minor Risk Share price has been volatile over the past 3 months (8.7% average weekly change). New Risk • Jan 17
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 8.8% 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 (8.8% average weekly change). Market cap is less than US$100m (PK₨3.08b market cap, or US$11.1m). Reported Earnings • Dec 01
Full year 2024 earnings released: EPS: PK₨0.034 (vs PK₨0.85 in FY 2023) Full year 2024 results: EPS: PK₨0.034 (down from PK₨0.85 in FY 2023). Revenue: PK₨10.8b (up 90% from FY 2023). Net income: PK₨11.6m (down 96% from FY 2023). Profit margin: 0.1% (down from 5.0% 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 34% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. Duyuru • Nov 08
Telecard Limited, Annual General Meeting, Nov 27, 2024 Telecard Limited, Annual General Meeting, Nov 27, 2024. Location: at islamabad hotel, g-6 markaz, islamabad Pakistan Reported Earnings • Oct 17
Full year 2024 earnings released: EPS: PK₨0.03 (vs PK₨0.85 in FY 2023) Full year 2024 results: EPS: PK₨0.03 (down from PK₨0.85 in FY 2023). Revenue: PK₨10.8b (up 90% from FY 2023). Net income: PK₨11.6m (down 96% from FY 2023). Profit margin: 0.1% (down from 5.0% 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 34% 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. New Risk • May 30
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: PK₨2.78b (US$10.00m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (PK₨2.78b market cap, or US$10.00m). Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Profit margins are more than 30% lower than last year (2.8% net profit margin). Reported Earnings • May 23
Third quarter 2024 earnings released: PK₨0.09 loss per share (vs PK₨0.37 profit in 3Q 2023) Third quarter 2024 results: PK₨0.09 loss per share (down from PK₨0.37 profit in 3Q 2023). Revenue: PK₨2.71b (up 69% from 3Q 2023). Net loss: PK₨30.2m (down 124% from profit in 3Q 2023). 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 20% per year. Valuation Update With 7 Day Price Move • Mar 20
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to PK₨9.23, the stock trades at a trailing P/E ratio of 7.2x. Average trailing P/E is 16x in the Telecom industry in Asia. Total returns to shareholders of 34% over the past three years. Reported Earnings • Mar 06
Second quarter 2024 earnings released: EPS: PK₨0.56 (vs PK₨0.30 in 2Q 2023) Second quarter 2024 results: EPS: PK₨0.56 (up from PK₨0.30 in 2Q 2023). Revenue: PK₨3.16b (up 186% from 2Q 2023). Net income: PK₨190.8m (up 90% from 2Q 2023). Profit margin: 6.0% (down from 9.1% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Mar 05
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to PK₨8.19, the stock trades at a trailing P/E ratio of 8.1x. Average trailing P/E is 16x in the Telecom industry in Asia. Total returns to shareholders of 33% over the past three years. Valuation Update With 7 Day Price Move • Dec 22
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to PK₨8.48, the stock trades at a trailing P/E ratio of 8.4x. Average trailing P/E is 14x in the Telecom industry in Asia. Total returns to shareholders of 309% over the past three years. Valuation Update With 7 Day Price Move • Nov 23
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to PK₨9.18, the stock trades at a trailing P/E ratio of 9.1x. Average trailing P/E is 15x in the Telecom industry in Asia. Total returns to shareholders of 548% over the past three years. Reported Earnings • Oct 29
Full year 2023 earnings released: EPS: PK₨0.85 (vs PK₨1.23 in FY 2022) Full year 2023 results: EPS: PK₨0.85 (down from PK₨1.23 in FY 2022). Revenue: PK₨5.69b (up 28% from FY 2022). Net income: PK₨286.7m (down 31% from FY 2022). Profit margin: 5.0% (down from 9.4% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has increased by 67% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jul 07
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to PK₨7.72, the stock trades at a trailing P/E ratio of 7x. Average trailing P/E is 18x in the Telecom industry in Asia. Total returns to shareholders of 522% over the past three years. Valuation Update With 7 Day Price Move • Mar 06
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to PK₨6.93, the stock trades at a trailing P/E ratio of 4.5x. Average trailing P/E is 17x in the Telecom industry in Asia. Total returns to shareholders of 521% over the past three years. Valuation Update With 7 Day Price Move • Jan 20
Investor sentiment deteriorated over the past week After last week's 15% share price decline to PK₨5.54, the stock trades at a trailing P/E ratio of 3.6x. Average trailing P/E is 17x in the Telecom industry in Asia. Total returns to shareholders of 288% over the past three years. Buying Opportunity • Dec 19
Now 24% undervalued after recent price drop Over the last 90 days, the stock is down 29%. The fair value is estimated to be PK₨9.45, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 2.8% over the last 3 years. Meanwhile, the company has become profitable. 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. 1 independent director (6 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 11
Investor sentiment deteriorated over the past week After last week's 18% share price decline to PK₨10.76, the stock trades at a trailing P/E ratio of 5.5x. Average trailing P/E is 18x in the Telecom industry in Asia. Total returns to shareholders of 937% over the past three years. 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. 1 independent director (6 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 13
Investor sentiment improved over the past week After last week's 17% share price gain to PK₨16.96, the stock trades at a trailing P/E ratio of 8.7x. Average trailing P/E is 18x in the Telecom industry in Asia. Total returns to shareholders of 1,200% over the past three years. Valuation Update With 7 Day Price Move • Mar 29
Investor sentiment improved over the past week After last week's 20% share price gain to PK₨12.17, the stock trades at a trailing P/E ratio of 6.3x. Average trailing P/E is 17x in the Telecom industry in Asia. Total returns to shareholders of 861% over the past three years. Valuation Update With 7 Day Price Move • Mar 08
Investor sentiment deteriorated over the past week After last week's 20% share price decline to PK₨12.00, the stock trades at a trailing P/E ratio of 6.2x. Average trailing P/E is 18x in the Telecom industry in Asia. Total returns to shareholders of 740% over the past three years. Valuation Update With 7 Day Price Move • Dec 20
Investor sentiment improved over the past week After last week's 24% share price gain to PK₨16.24, the stock trades at a trailing P/E ratio of 8.4x. Average trailing P/E is 20x in the Telecom industry in Asia. Total returns to shareholders of 1,076% over the past three years. Valuation Update With 7 Day Price Move • Dec 06
Investor sentiment deteriorated over the past week After last week's 17% share price decline to PK₨13.91, the stock trades at a trailing P/E ratio of 7.2x. Average trailing P/E is 21x in the Telecom industry in Asia. Total returns to shareholders of 848% over the past three years. Reported Earnings • Oct 08
Full year 2021 earnings released: EPS PK₨1.69 (vs PK₨0.25 loss in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were flat. Full year 2021 results: Revenue: PK₨3.87b (flat on FY 2020). Net income: PK₨506.6m (up PK₨580.5m from FY 2020). Profit margin: 13% (up from net loss in FY 2020). Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has increased by 127% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Sep 23
Investor sentiment deteriorated over the past week After last week's 17% share price decline to PK₨18.89, the stock trades at a trailing P/E ratio of 18.9x. Average trailing P/E is 22x in the Telecom industry in Asia. Total returns to shareholders of 967% over the past three years. Valuation Update With 7 Day Price Move • Sep 01
Investor sentiment improved over the past week After last week's 19% share price gain to PK₨20.83, the stock trades at a trailing P/E ratio of 21.9x. Average trailing P/E is 22x in the Telecom industry in Asia. Total returns to shareholders of 864% over the past three years. Valuation Update With 7 Day Price Move • Aug 04
Investor sentiment improved over the past week After last week's 20% share price gain to PK₨17.85, the stock trades at a trailing P/E ratio of 18.8x. Average trailing P/E is 22x in the Telecom industry in Asia. Total returns to shareholders of 719% over the past three years. Reported Earnings • Jun 12
Third quarter 2021 earnings released: EPS PK₨0.47 (vs PK₨0.11 loss in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: PK₨1.10b (up 12% from 3Q 2020). Net income: PK₨141.2m (up PK₨170.3m from 3Q 2020). Profit margin: 13% (up from net loss in 3Q 2020). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has increased by 107% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • May 02
Third quarter 2021 earnings released: EPS PK₨0.47 (vs PK₨0.11 loss in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: PK₨1.10b (up 12% from 3Q 2020). Net income: PK₨141.2m (up PK₨170.3m from 3Q 2020). Profit margin: 13% (up from net loss in 3Q 2020). The move to profitability was primarily 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 increased by 98% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment improved over the past week After last week's 19% share price gain to PK₨7.70, the stock trades at a trailing P/E ratio of 16.8x. Average trailing P/E is 21x in the Telecom industry in Asia. Total returns to shareholders of 270% over the past three years. Valuation Update With 7 Day Price Move • Mar 11
Investor sentiment deteriorated over the past week After last week's 21% share price decline to PK₨5.59, the stock is trading at a trailing P/E ratio of 12.2x, down from the previous P/E ratio of 15.4x. This compares to an average P/E of 21x in the Telecom industry in Asia. Total returns to shareholders over the past three years are 180%. Reported Earnings • Feb 28
Second quarter 2021 earnings released: EPS PK₨0.67 (vs PK₨0.27 loss in 2Q 2020) The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: PK₨887.7m (down 14% from 2Q 2020). Net income: PK₨199.4m (up PK₨281.9m from 2Q 2020). Profit margin: 23% (up from net loss in 2Q 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 57% per year, which means it is tracking significantly ahead of earnings growth. Is New 90 Day High Low • Feb 17
New 90-day high: PK₨7.76 The company is up 391% from its price of PK₨1.58 on 19 November 2020. The Pakistani market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Telecom industry, which is up 8.0% over the same period. Is New 90 Day High Low • Feb 01
New 90-day high: PK₨3.52 The company is up 115% from its price of PK₨1.64 on 03 November 2020. The Pakistani market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Telecom industry, which is up 9.0% over the same period. Is New 90 Day High Low • Jan 15
New 90-day high: PK₨2.64 The company is up 58% from its price of PK₨1.67 on 16 October 2020. The Pakistani market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Telecom industry, which is up 8.0% over the same period. Is New 90 Day High Low • Dec 31
New 90-day high: PK₨2.58 The company is up 61% from its price of PK₨1.60 on 02 October 2020. The Pakistani market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Telecom industry, which is up 7.0% over the same period. Is New 90 Day High Low • Dec 09
New 90-day high: PK₨2.15 The company is up 3.0% from its price of PK₨2.08 on 10 September 2020. The Pakistani market is down 2.0% over the last 90 days, indicating the company outperformed over that time. However, its price trend is similar to the Telecom industry, which is also up 3.0% over the same period. Reported Earnings • Nov 01
First quarter earnings released Over the last 12 months the company has reported total losses of PK₨137.3m, with earnings decreasing by PK₨199.7m from the prior year. Total revenue was PK₨3.72b over the last 12 months, down 15% from the prior year. Reported Earnings • Oct 20
Full year earnings released - PK₨0.25 loss per share Over the last 12 months the company has reported total losses of PK₨73.9m, with losses widening by 249% from the prior year. Total revenue was PK₨3.91b over the last 12 months, down 7.5% from the prior year. Reported Earnings • Oct 03
Full year earnings released - PK₨0.25 loss per share Over the last 12 months the company has reported total losses of PK₨73.9m, with losses widening by 249% from the prior year. Total revenue was PK₨3.91b over the last 12 months, down 7.5% from the prior year.