Last $0.26 SGD
Change Today -0.005 / -1.92%
Volume 152.5K
MMFS On Other Exchanges
Symbol
Exchange
Singapore
As of 9:39 PM 02/26/15 All times are local (Market data is delayed by at least 15 minutes).

moneymax financial service l (MMFS) Snapshot

Open
$0.26
Previous Close
$0.26
Day High
$0.26
Day Low
$0.24
52 Week High
07/18/14 - $0.40
52 Week Low
12/18/14 - $0.22
Market Cap
90.2M
Average Volume 10 Days
33.5K
EPS TTM
$0.0030
Shares Outstanding
353.8M
EX-Date
--
P/E TM
85.0x
Dividend
$0.0030
Dividend Yield
1.18%
Current Stock Chart for MONEYMAX FINANCIAL SERVICE L (MMFS)

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moneymax financial service l (MMFS) Details

MoneyMax Financial Services Ltd., an investment holding company, provides pawnbroking services in Singapore. The company’s pawnbroking services include short-term collateralized loans secured by pledged personal articles. It also retails and trades pre-owned jewelry and watches to traders and/ or dealers. The company operates its outlets under the MoneyMax and Cash Online brand names. As of September 13, 2013, it had 29 outlets. MoneyMax Financial Services Ltd. was incorporated in 2008 and is headquartered in Singapore.

Founded in 2008

moneymax financial service l (MMFS) Top Compensated Officers

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Executives, Board Directors

moneymax financial service l (MMFS) Key Developments

MoneyMax Financial Services Ltd. Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2014; Proposes Final Cash Dividend for the Year 2014

MoneyMax Financial Services Ltd. announced unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2014. For the quarter, the company reported profit attributable to equity holders of SGD 157,000 or 0.04 cents earnings per share on fully diluted basis on revenue of SGD 19,275,000 compared to profit attributable to equity holders of SGD 922,000 or 0.26 cents earnings per share on fully diluted basis on revenue of SGD 22,052,000 for the corresponding period last year. Profit before tax was SGD 333,000 against SGD 958,000 of prior year period. Net cash flows used in operating activities were SGD 459,000 against cash flows from operating activities of SGD 1,249,000 of prior year period. Purchase of Plant and Equipment was SGD 425,000 against SGD 331,000 a year ago. Purchase of Intangible Assets amounted to SGD 0.00 against SGD 43,000 a year ago. For the year, the company reported profit attributable to equity holders of SGD 951,000 or 0.27 cents earnings per share on fully diluted basis on revenue of SGD 72,857,000 compared to profit attributable to equity holders of SGD 1,772,000 or 0.55 cents earnings per share on fully diluted basis on revenue of SGD 65,556,000 for the corresponding period last year. The revenue increased by approximately SGD 7.3 million mainly due to higher revenue from the retail and trading of pre-owned jewellery and watches segment as a result of higher sales of pre-owned jewellery and watches deemed to be unsuitable for retail sales in the first quarter ended 31 March 2014 and third quarter of 2014. Profit before tax was SGD 1,422,000 against SGD 2,402,000 of prior year period. Net cash flows used in operating activities were SGD 9,716,000 against SGD 16,335,000 of prior year period. Purchase of Plant and Equipment was SGD 2,744,000 versus SGD 2,170,000 of prior year. Purchase of Intangible Assets amounted to SGD 0.00 against SGD 360,000 a year ago. NAV per ordinary share was 16.34 cents as at December 31, 2014 against 16.32 cents as at December 31, 2013. The company proposed final cash dividend of 0.3 cent per ordinary share tax exempt one-tier. The date of payment of the dividend will be announced later, subject to shareholders’ approval at the annual general meeting to be convened.

MoneyMax Financial Services Ltd. Launches MoneyMax Online

MoneyMax Financial Services Ltd. announced the launch of MoneyMax Online, to offer an online platform to shop, sell and appraise their valuables. With MoneyMax Online, MoneyMax believes it has achieved market leadership in the traditional brick-and-mortar pawnbroking industry by setting a new benchmark with its push into the digital space. The feature of MoneyMax Online is its pioneering valuation function which provides an intuitive user experience for appraising their valuables. Users only need to snap a picture of the item and then upload it via the MoneyMax Online website or the MoneyMax Online Mobile App. The user will then be informed within one business day of the item's indicative appraised value whereupon the user can decide whether to perform a transaction at any of MoneyMax's 38 outlets located across Singapore. Currently, MoneyMax Online is only available to users in Singapore and this service may be extended to customers elsewhere in the future. With MoneyMax Online, customers can now experience greater convenience and satisfaction when shopping for pre-owned items ranging from watches to jewellery ­ from the comfort of their own homes or on-the-go via their mobile devices. MoneyMax Online would appeal to the tech-savvy generation who are digitally connected and comfortable with e- commerce offerings.

MoneyMax Financial Services Ltd. Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014

MoneyMax Financial Services Ltd. announced unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, revenue was SGD 19,161,000 compared to SGD 16,161,000 a year ago. Profit before tax was SGD 224,000 compared to loss before tax of SGD 702,000 a year ago. Profit attributable to the owners of the company was SGD 74,000 or 0.02 cents per fully diluted compared to loss attributable to the owners the company of SGD 904,000 or 0.27 cents per fully diluted a year ago. Net cash flows used in operating activities was SGD 4,152,000 compared to SGD 8,309,000 a year ago. Purchase of plant and equipment was SGD 814,000 compared to SGD 1,144,000 a year ago. For the nine months, revenue was SGD 53,582,000 compared to SGD 43,504,000 a year ago. Profit before tax was SGD 1,089,000 compared to SGD 1,444,000 a year ago. Profit attributable to the owners the company was SGD 794,000 or 0.22 cents per fully diluted compared to SGD 850,000 or 0.27 cents per fully diluted a year ago. Net cash flows used in operating activities was SGD 9,257,000 compared to SGD 17,584,000 a year ago. Purchase of plant and equipment was SGD 2,319,000 compared to SGD 1,839,000 a year ago. Group NAV per ordinary share as on September 30, 2014 was 16.29 cents. Company NAV per ordinary share as on September 30, 2014 was 15.64 cents. Revenue increased mainly due to higher revenue from the retail and trading of pre-owned Jewelry and watches segment as a result of the higher disposal in the first quarter ended 31 March 2014 and third quarter of 2014 of pre-owned jewelry and watches that were accumulated and deemed to be unsuitable for retail sales. Net cash used in working capital amounted to approximately SGD 13.1 million. This was due to an increase in inventories and trade and other receivables as well as a decrease in trade and other payables of approximately SGD 3.6 million, SGD 7.0 million and SGD 3.1 million, respectively.

 

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MMFS

Industry Average

Valuation MMFS Industry Range
Price/Earnings 100.0x
Price/Sales 1.2x
Price/Book 1.5x
Price/Cash Flow 28.4x
TEV/Sales 1.1x
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