1.25
0.00%
Close of 9 Nov 2026, in THB
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At a glance
Figures in THB, from our data supplier.
Revenue
THB 255.4m
FY2017FY2025
Net income
−THB 23.2m
FY2017FY2025
Free cash flow
−THB 58.8m
FY2017FY2025
Shareholders' equity
THB 452.6m
FY2017FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | THB 255.4m | THB 247.0m | THB 425.8m | THB 431.6m | THB 310.9m | THB 220.3m | THB 316.9m | THB 233.5m | THB 137.8m |
| Gross profit | THB 54.8m | THB 66.5m | THB 162.4m | THB 168.3m | THB 113.1m | THB 77.6m | THB 113.2m | THB 69.2m | THB 14.8m |
| Operating income | −THB 29.7m | THB 790,384 | THB 81.6m | THB 92.6m | THB 47.5m | THB 29.1m | THB 56.8m | THB 24.2m | −THB 22.0m |
| Net income | −THB 23.2m | −THB 3.3m | THB 62.7m | THB 67.9m | THB 31.8m | THB 13.1m | THB 36.6m | THB 31.4m | −THB 54.0m |
| Diluted earnings per share | -0.14 | -0.02 | 0.37 | 0.39 | 0.20 | 0.10 | 0.22 | 0.19 | -0.33 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Total assets | THB 1.12bn | THB 1.10bn | THB 932.0m | THB 686.7m | THB 608.6m | THB 536.3m | THB 549.3m | THB 568.7m | THB 560.5m |
| Cash and short-term investments | THB 1.9m | THB 14.7m | THB 85.6m | THB 121.3m | THB 79.1m | THB 15.3m | THB 2.5m | THB 18.5m | THB 684,195 |
| Total liabilities | THB 672.3m | THB 620.1m | THB 426.5m | THB 232.8m | THB 220.2m | THB 409.5m | THB 435.7m | THB 487.7m | THB 510.9m |
| Debt | THB 561.4m | THB 514.3m | THB 274.3m | THB 115.4m | THB 135.4m | THB 337.2m | THB 365.4m | THB 401.0m | THB 440.3m |
| Shareholders' equity | THB 452.6m | THB 475.9m | THB 505.5m | THB 453.9m | THB 388.4m | THB 126.8m | THB 113.6m | THB 81.0m | THB 49.6m |
| Shares outstanding | 163m | 163m | 172m | 174m | 160m | 126m | 163m | 163m | 163m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −THB 10.4m | −THB 3.0m | THB 136.8m | THB 150.7m | THB 73.6m | THB 74.7m | THB 71.8m | THB 83.2m | THB 1.4m |
| Capital spending | −THB 48.3m | −THB 276.3m | −THB 312.0m | −THB 57.9m | −THB 19.5m | −THB 16.6m | −THB 19.7m | −THB 23.7m | −THB 5.4m |
| Free cash flow | −THB 58.8m | −THB 279.4m | −THB 175.2m | THB 92.8m | THB 54.0m | THB 58.1m | THB 52.0m | THB 59.5m | −THB 4.0m |
| Dividends paid | — | −THB 26.1m | −THB 27.2m | −THB 2.7m | −THB 2.7m | −THB 2.7m | −THB 2.7m | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | THB 23.0m | THB 25.7m | THB 49.0m | THB 79.7m | THB 88.9m | THB 37.8m | THB 25.3m | THB 39.0m |
| Gross profit | −THB 3.9m | THB 2.7m | THB 5.7m | THB 25.0m | THB 22.1m | THB 93,000 | THB 616,118 | THB 2.3m |
| Operating income | −THB 18.9m | −THB 13.8m | −THB 13.5m | THB 6.7m | THB 3.7m | −THB 17.4m | −THB 13.0m | −THB 12.3m |
| Net income | −THB 18.7m | −THB 14.7m | −THB 14.0m | THB 3.9m | THB 2.2m | −THB 15.3m | −THB 11.4m | −THB 10.7m |
| Diluted earnings per share | -0.12 | -0.09 | -0.09 | 0.02 | 0.01 | -0.09 | -0.07 | -0.07 |
| Cash from operations | THB 3.0m | −THB 8.0m | −THB 18.0m | THB 13.0m | THB 1.0m | −THB 3.0m | −THB 15.0m | −THB 8.0m |
| Capital spending | −THB 3.0m | −THB 3.0m | −THB 3.0m | −THB 21.0m | −THB 10.0m | −THB 12.0m | −THB 24.0m | −THB 31.0m |
| Free cash flow | THB 0 | −THB 11.0m | −THB 21.0m | −THB 8.0m | −THB 9.0m | −THB 15.0m | −THB 39.0m | −THB 39.0m |
| Total assets | THB 1.10bn | THB 1.12bn | THB 1.12bn | THB 1.16bn | THB 1.16bn | THB 1.12bn | THB 1.10bn | THB 1.07bn |
| Cash and short-term investments | THB 916,000 | THB 6.5m | THB 1.9m | THB 10.6m | THB 7.3m | THB 2.7m | THB 14.7m | THB 15.1m |
| Debt | THB 576.8m | THB 573.6m | THB 561.0m | THB 536.9m | THB 529.3m | THB 511.5m | THB 502.4m | THB 463.9m |
| Shareholders' equity | THB 419.2m | THB 437.9m | THB 452.6m | THB 466.8m | THB 462.9m | THB 460.7m | THB 475.9m | THB 487.7m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -16.0% | 3.0% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 24.2% | 33.2% | 34.0% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Price to earnings | -15.3 | -170.8 | 19.7 | 25.9 | 37.0 |
| Price to sales | 1.4 | 2.3 | 2.9 | 4.1 | 3.8 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 7 May 2024.
| FY2024 | FY2023 | FY2022 | |
|---|---|---|---|
| Paid in the year | 0.16 | 0.17 | 0.018 |
- 16-for-15 split · 5 May 2022
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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