SIlverlake Axis (SAL)

Company in the news

Silverlake Axis appoints Cassandra Goh as new group CEO

Deputy CEO Cassandra Goh will succeed Andrew Tan as the group’s next CEO from Jan 1, 2025 as part of its leadership transition.
Silverlake Axis future-proofs its success by staying true to its vision - THE EDGE SINGAPORE

Billion Dollar Club 2023

Silverlake Axis future-proofs its success by staying true to its vision

It helps banks modernise their core banking systems, enabling them to focus on their core business and capture new opportunities.
Silverlake Axis earnings down by 7% for FY2023 - THE EDGE SINGAPORE

Results

Silverlake Axis earnings down by 7% for FY2023

The company reported earnings of RM169.6 million for its FY2023 ended June 30.

Results

Silverlake Axis reports earnings of RM133.9 mil for the 9MFY2023, 1% lower y-o-y

9MFY2023 revenue grew by 6% y-o-y to RM563.6 million, the highest in five years for the nine-month period.

New appointments

Silverlake Axis plans expansion in EMEA, appoints regional MD

The appointment signals SAL’s strong growth plans in the EMEA region.

Disruption and Digitalisation

Silverlake Axis appoints country director for Thailand and Sri Lanka and enters into strategic partnership in Thailand

The group is planning its digital banking growth in Thailand as the country remains its priority growth market.

Results

Silverlake sees RM182.2 mil earnings up 27% y-o-y for FY2022 amid positive growth in digital services industry

Silverlake Axis is a Singapore-listed enterprise technology, software and services company

Broker's Calls

PhillipCapital starts Silverlake Axis at 'buy' with TP of 38 cents

The TP is pegged to an FY2022 P/E of 20x. It is also an 11% upside to peer valuations of around 18x P/E, says analyst Glenn Thum.
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