Advance Synergy Bhd

Advance Synergy Bhd has a debt-to-equity ratio of 0.39, indicating a relatively conservative capital structure with a moderate level of leverage. The company's liquidity position is characterized as medium risk, with a current ratio of 2.32, suggesting it can cover its short-term liabilities with its short-term assets. However, the company's free cash flow is negative at -8.16 million MYR, which may limit its ability to fund operations or growth without external financing.

The company's profitability metrics are weak, with a return on equity of -1.91% and a return on assets of -1.08%. These figures are below the typical expectations for the Leisure & Recreation industry, indicating that the company is not generating returns that meet the cost of capital. The operating loss of 5.997 million MYR and a net loss of 7.89 million MYR further underscore the company's current financial challenges.

Advance Synergy Bhd's revenue is concentrated in a single business segment, as disclosed in its financial statements, with no significant geographic diversification reported. This concentration may expose the company to higher risks if the Leisure & Recreation market experiences a downturn or if regulatory changes affect its operations.

The company's growth trajectory is uncertain, with a net loss in the most recent reporting period. Analysts have recorded a last actual revenue of 210.994 million MYR, but there is no indication of a clear upward trend. The company's capital expenditure of -3.558 million MYR suggests a reduction in investment in long-term assets, which may impact future growth potential.

The risk assessment for Advance Synergy Bhd highlights a medium liquidity risk and a low dilution risk. The company's net cash position is negative after subtracting total debt, which could affect its ability to meet short-term obligations. However, the dilution risk is considered low, indicating that the company is not expected to issue a significant number of new shares in the near term.

Recent events and filings do not provide specific details on new developments or strategic initiatives for Advance Synergy Bhd. The company's financial performance and operational activities are primarily reflected in its latest financial statements, with no notable events reported in the available documentation.

Net income improved significantly by 72.7% year-over-year in fiscal 2009, reaching a loss of only MYR 16.0 million.

Free cash flow surged 67.0% year-over-year to a negative MYR 24.5 million, indicating improved cash generation efficiency.

Long-term debt decreased substantially to MYR 84.8 million in fiscal 2009, down from MYR 114.3 million in the prior year.

The debt-to-equity ratio of 0.39 is below the cohort median of 0.30, suggesting a relatively conservative leverage position.

Revenue demonstrated strong historical growth with a four-year CAGR of 24.7%, expanding from MYR 116.3 million to MYR 280.9 million.

Operating income deteriorated to a loss of MYR 18.5 million in fiscal 2009, despite a 71.1% improvement from the prior year.

Cash conversion is severely negative at -4.1, ranking in the bottom quartile compared to the cohort median of 1.04.

The company faces medium liquidity risk, which could constrain its ability to meet short-term financial obligations effectively.

Revenue MYR 64.6M, −0,0% YoY; Operating income +144,8% YoY.

• ▍Revenue MYR 64.6M, −0,0% YoY
• ▍Operating income +144,8% YoY
• ▍Net income +177,3% YoY
• ▍Free cash flow +136,1% YoY
• ▍Net margin 14.0%

Revenue MYR 68.0M, +20,5% YoY; Operating income +69,4% YoY.

• ▍Revenue MYR 68.0M, +20,5% YoY
• ▍Operating income +69,4% YoY
• ▍Net income +29,4% YoY
• ▍Free cash flow +62,1% YoY
• ▍Net margin -7.4%

Revenue MYR 64.1M, −4,6% YoY; Operating income +1,6% YoY.

• ▍Revenue MYR 64.1M, −4,6% YoY
• ▍Operating income +1,6% YoY
• ▍Net income +7,2% YoY
• ▍Free cash flow +13,6% YoY
• ▍Net margin -11.4%

Revenue MYR 82.3M; Operating income -MYR 29.0M.

• ▍Revenue MYR 82.3M
• ▍Operating income -MYR 29.0M
• ▍Net margin -38.9%

Revenue MYR 64.6M; Operating income -MYR 18.1M.

• ▍Revenue MYR 64.6M
• ▍Operating income -MYR 18.1M
• ▍Net margin -18.1%

Revenue MYR 56.4M; Operating income -MYR 11.0M.

• ▍Revenue MYR 56.4M
• ▍Operating income -MYR 11.0M
• ▍Net margin -12.6%

Revenue MYR 67.2M; Operating income -MYR 6.0M.

• ▍Revenue MYR 67.2M
• ▍Operating income -MYR 6.0M
• ▍Net margin -11.7%

Revenue MYR 280.9M, +3,9% YoY; Operating income +71,1% YoY.

• ▍Revenue MYR 280.9M, +3,9% YoY
• ▍Operating income +71,1% YoY
• ▍Net income +72,7% YoY
• ▍Free cash flow +67,0% YoY
• ▍Net margin -5.7%

Revenue MYR 270.5M, −5,9% YoY; Operating income +3,8% YoY.

• ▍Revenue MYR 270.5M, −5,9% YoY
• ▍Operating income +3,8% YoY
• ▍Net income −19,0% YoY
• ▍Free cash flow +5,7% YoY
• ▍Net margin -21.7%

Revenue MYR 287.6M, +18,3% YoY; Operating income −85,2% YoY.

• ▍Revenue MYR 287.6M, +18,3% YoY
• ▍Operating income −85,2% YoY
• ▍Net income −39,8% YoY
• ▍Free cash flow −55,7% YoY
• ▍Net margin -17.2%

Revenue MYR 243.1M, +109,1% YoY; Operating income −485,0% YoY.

• ▍Revenue MYR 243.1M, +109,1% YoY
• ▍Operating income −485,0% YoY
• ▍Net income −213,2% YoY
• ▍Free cash flow −703,5% YoY
• ▍Net margin -14.5%

Revenue MYR 116.3M; Operating income MYR 9.3M.

• ▍Revenue MYR 116.3M
• ▍Operating income MYR 9.3M
• ▍Net margin -9.7%