Duyuru • Apr 02
17LIVE Group Limited, Annual General Meeting, Apr 27, 2026 17LIVE Group Limited, Annual General Meeting, Apr 27, 2026, at 10:00 Singapore Standard Time. Location: nuss suntec city guild house, 3 temasek boulevard, tower 5, 02-401/402, suntec city mall, singapore 038983, Singapore New Risk • Mar 27
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: S$127.3m (US$98.9m) This is considered a minor 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: Minor Risks Paying a dividend despite being loss-making. Market cap is less than US$100m (S$127.3m market cap, or US$98.9m). Reported Earnings • Feb 28
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: US$0.01 loss per share (improved from US$0.018 loss in FY 2024). Revenue: US$158.8m (down 17% from FY 2024). Net loss: US$924.0k (loss narrowed 72% from FY 2024). Revenue missed analyst estimates by 8.8%. Earnings per share (EPS) were also behind analyst expectations. Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has fallen by 40% per year, which means it is significantly lagging earnings. New Risk • Dec 18
New major risk - Revenue and earnings growth Earnings have declined by 10% 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 Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Dividend per share is over 575x cash flows per share. Earnings have declined by 10% per year over the past 5 years. Reported Earnings • Aug 15
First half 2025 earnings released: US$0.025 loss per share (vs US$0.011 profit in 1H 2024) First half 2025 results: US$0.025 loss per share (down from US$0.011 profit in 1H 2024). Revenue: US$81.1m (down 20% from 1H 2024). Net loss: US$4.61m (down 336% from profit in 1H 2024). Revenue is forecast to grow 7.4% p.a. on average during the next 2 years, compared to a 10.0% growth forecast for the Entertainment industry in Asia. Duyuru • Apr 07
17LIVE Group Limited, Annual General Meeting, Apr 28, 2025 17LIVE Group Limited, Annual General Meeting, Apr 28, 2025, at 10:00 Singapore Standard Time. Location: nuss suntec city guild house, 3 temasek boulevard, tower 5, 02-401/402, suntec city mall, singapore 038983, Singapore Reported Earnings • Mar 01
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: US$0.02 loss per share (improved from US$6.14 loss in FY 2023). Revenue: US$190.8m (down 32% from FY 2023). Net loss: US$3.25m (loss narrowed 99% from FY 2023). Revenue missed analyst estimates by 9.4%. Earnings per share (EPS) were also behind analyst expectations. Duyuru • Nov 25
17LIVE Group Limited (SGX:LVR) acquired Mikai Inc. 17LIVE Group Limited (SGX:LVR) acquired Mikai Inc. on November 4, 2024.The acquisition strengthens 17LIVE’s virtual IP business, enhancing its platform with mikai’s well-established virtual influencer portfolio.
17LIVE Group Limited (SGX:LVR) completed the acquisition of Mikai Inc. on November 4, 2024. Duyuru • Nov 05
17LIVE Group Limited (SGX:LVR) acquired N Craft Co., Ltd. 17LIVE Group Limited (SGX:LVR) acquired N Craft Co., Ltd on November 4, 2024.
17LIVE Group Limited (SGX:LVR) completed the acquisition of N Craft Co., Ltd on November 4, 2024. Reported Earnings • Aug 15
First half 2024 earnings released First half 2024 results: EPS: US$0.01. Net income: US$1.95m (up US$1.95m from 1H 2023). Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Entertainment industry in Asia. New Risk • Jul 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 Singaporean stocks, typically moving 12% 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 Shareholders have been substantially diluted in the past year (288% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Market cap is less than US$100m (S$115.3m market cap, or US$85.8m). Duyuru • May 29
17Live Group Limited Announces Appointment of Joji Koda as Chief Investment Officer 17LIVE Group Limited announced the appointment of Joji Koda as Chief Investment Officer. Appointment Date: May 29, 2024. Role And Responsibilities: Executive, responsible for corporate development such as acquisition, investment, partnership, fundraising, as well as for investor relations. Mr. Koda has served as Senior Vice President of the Company and its subsidiaries since November 2023 to spearhead investment, investor relations, and strategic partnership. Prior to joining the Company, he served as the Director at Ripple, a crypto and blockchain technology company in San Francisco from August 2022 to October 2023. From April 2019 to August 2022, he was CFO and COO of a silicon-valley based smart-home technology startup called HOMMA. He led various operational improvement projects as Director at EY Transaction Advisory Services ("EY") in Tokyo from February 2018 to April 2019. Before joining EY, he led investments in multiple countries (UK, UAE, Singapore, and Vietnam) as Senior Director at Cool Japan Fund, an investment arm of the Japanese Government from February 2014 to February 2018. Professional Qualifications: Master of Business Administration, The University of Chicago Booth School of Business. Reported Earnings • Apr 12
Full year 2023 earnings released: US$6.14 loss per share (vs US$2.26 loss in FY 2022) Full year 2023 results: US$6.14 loss per share (further deteriorated from US$2.26 loss in FY 2022). Revenue: US$278.9m (down 23% from FY 2022). Net loss: US$247.9m (loss widened 386% from FY 2022). Revenue is forecast to grow 4.2% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Entertainment industry in Asia. Duyuru • Apr 09
17LIVE Group Limited, Annual General Meeting, Apr 26, 2024 17LIVE Group Limited, Annual General Meeting, Apr 26, 2024, at 10:00 Singapore Standard Time. Location: Suntec City Convention Centre, Meeting Room 336, Level 3, Suntec Singapore Convention & Exhibition Centre, 1 Raffles Boulevard, Suntec City, Singapore 039593 Suntec City Singapore Agenda: To consider Directors' Statement and the Financial Statements for the financial year ended 31 December 2023; to Re-election of Dr. Lai Mun Fook Steve as a Director; to Re-election of Mr. Tan Hup Foi as a Director; to Approval of Directors' fees amounting to S$26,065 for the financial period between 8 December 2023 to 31 December 2023; to Approval of Directors' fees amounting to $473,926 for the financial year ending 31 December 2024, to be paid quarterly in arrears; to Re-appointment of Messrs Ernst & Young LLP as Auditors; to Authority to issue shares; and to consider other matters if any. Buy Or Sell Opportunity • Mar 07
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 62% to S$1.19. The fair value is estimated to be S$1.54, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 23% over the last year. Earnings per share has declined by 171%. Duyuru • Feb 28
17Live Group Limited Appoints Tan Hup Foi as Member of the Nominating Committee 17LIVE Group Limited announced that Mr. Tan Hup Foi, the Lead Independent Director of the Company, has been appointed as a member of the Nominating Committee with immediate effect. Following the Appointment, the composition of the Nominating Committee will be as follows: Dr. Steve Lai Mun Fook (Chairman), Mr. Hideto Mizuno (Member), Ms. Chen Xiuling (Member), Mr. Tan Hup Foi (Member, Lead Independent Director). The composition of the Audit and Remuneration Committees remains unchanged. New Risk • Feb 07
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 Singaporean stocks, typically moving 14% 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 Risks Latest financial reports are more than 1 year old (reported March 2018 fiscal period end). Share price has been highly volatile over the past 3 months (14% average weekly change). Shareholders have been substantially diluted in the past year (over 25x increase in shares outstanding). Duyuru • Jan 27
17Live Group Limited Announces Board Changes 17LIVE Group Limited announced that Mr. Lien Chien-Lin has ceased to be the executive director of the Company with effect from the date of this announcement. Mr. Lien has left the Company for personal family reasons. Mr. Lien will be appointed as the senior adviser to the Company for a period of one year to assist in the transition. Mr. Phua Jiexian Joseph, who is currently the non-executive Chairman of the Board, will assume executive responsibility for the management of the Company, and shall be re-designated as the Executive Chairman of the Company with effect from the date of this announcement. Mr. Tan Hup Foi, an existing independent non-executive director of the Company, shall be redesignated as lead independent director. The Board recognises the importance of this transition period, and this is why Mr. Phua, as the co-founder and ex-CEO of 17LIVE Inc., and current chairman of the Board, will step up and will provide executive leadership to further grow the business of the Company and create synergistic returns. Board Change • Dec 14
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. 6 experienced directors. No highly experienced directors. 2 independent directors (4 non-independent directors). Independent Director Steve Lai was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. 
