Vividthree Holdings

Vividthree is a virtual reality, visual effects (vfx) and computer-generated imagery studio that develops/ acquire digital intellectual property (IP) assets to produce virtual reality products such as thematic tour shows.

FY2022 Results Announcement
Est 28 Feb 2022
Annual Report 2021
Recent Developments
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21 Aug 2023
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11 Aug 2023
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28 Jul 2023
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28 Jul 2023
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13 Jul 2023
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13 Jul 2023
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04 Jul 2023
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27 Jun 2023
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02 Jun 2023
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28 May 2023
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19 May 23
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10 May 23
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7 May 23
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7 May 23
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2 May 23
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25 Apr 23
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30 Mar 23
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27 Mar 23
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27 Mar 23
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14 Feb 23
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15 Dec 22
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13 Nov 22
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13 Nov 22
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01 Nov 22
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01 Nov 22
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29 Aug 22
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22 Aug 22
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22 Aug 22
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22 Jul 22
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28 Jul 22
Investment Merits
- Transiting to the (more profitable and recurring) content production business model- first VR tour Train to Busan
- Asset light model with limited execution risk and variable upside from royalties
- Adapting IP rights to target different venue owners
- Signed MOU to be appointed as exclusive technology provider for tourism mixed development project- HeurêkaLand
- Post production to provide base profit for the group
In The News
- Vividthree to buy rights to horror-themed comic for S$1.5m
- Vividthree to buy “Silent Horror” comic for $1.5 million
- ComicVid ranks high on app stores – Vividthree’s OTT comic video platform illustrates exceptional comic titles
- Vividthree gets rights to produce VR shows for Train to Busan sequel
- Vividthree brings zombie outbreak movie to life
- Vividthree enters into joint venture with Quebec Leisure to produce thematic experiential content and event projects
- These 7 Southeast Asian webcomics on Tapas have over a million views each!
- The Beethoven Experience In Shanghai, China
- Vividthree and Resurgence to produce esporting events
Research
| Brokerages | Report | Analysts | Recommendation | TP | 
|---|---|---|---|---|
| RHB | Download File | Lee Cai Ling/Jarick Seet | Non-Rated | NA | 
| UOB [Small cap highlights] | Download File | John Cheong | Non-Rated | NA | 
| UOB [Money Talk] | Download File | Singapore Research Team | Non- Rated | NA | 
Stock Information 
| Price | 0.049 | 
|---|---|
| Market Cap (SGDm) | 18.9 | 
| YE | 31/3/2022 | 
| Free Float % | 30.5% | 
Key financial highlights
| Key Highlights | 2019 | 2020 | 2021 | 
|---|---|---|---|
| Revenue (SGDm) | 9.3 | 6.1 | 2.0 | 
| Net Profit (SGDm) | 3.3 | (0.8) | (4.5) | 
| Net D/E | -17.2% | -1.7% | 27.6% | 







