0.75
+1.35%
Close of 9 Nov 2026, in THB
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At a glance
Figures in THB, from our data supplier.
Revenue
THB 700.7m
FY2016FY2025
Net income
−THB 785.0m
FY2016FY2025
Free cash flow
THB 185.3m
FY2016FY2025
Shareholders' equity
THB 3.00bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | THB 700.7m | THB 631.2m | THB 552.3m | THB 522.2m | THB 383.6m | THB 512.5m | THB 890.5m | THB 879.6m | THB 726.4m | THB 545.2m |
| Research and development | — | — | THB 0 | THB 0 | THB 0 | THB 0 | THB 0 | THB 0 | THB 0 | — |
| Operating income | THB 101.7m | THB 338.2m | THB 374.5m | −THB 151.0m | THB 198.4m | THB 118.4m | THB 11.6m | THB 23.6m | THB 49.0m | THB 23.6m |
| Net income | −THB 785.0m | THB 165.6m | THB 192.6m | THB 202.3m | THB 161.4m | THB 56.4m | THB 7.9m | −THB 17.4m | THB 6.4m | THB 5.6m |
| Diluted earnings per share | -0.54 | 0.11 | 0.17 | 0.18 | 0.17 | 0.06 | 0.01 | -0.03 | 0.01 | 0.01 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | THB 6.26bn | THB 7.02bn | THB 5.92bn | THB 4.70bn | THB 3.79bn | THB 3.24bn | THB 2.31bn | THB 2.41bn | THB 2.50bn | THB 2.26bn |
| Cash and short-term investments | THB 12.1m | THB 173.2m | THB 18.2m | THB 77.6m | THB 22.3m | THB 6.6m | THB 2.7m | THB 21.4m | THB 6.0m | THB 85.9m |
| Total liabilities | THB 3.26bn | THB 3.23bn | THB 3.01bn | THB 1.94bn | THB 2.05bn | THB 1.90bn | THB 1.03bn | THB 1.46bn | THB 1.53bn | THB 1.54bn |
| Debt | THB 2.61bn | THB 2.04bn | THB 1.91bn | THB 1.64bn | THB 1.82bn | THB 1.71bn | THB 763.6m | THB 1.21bn | THB 1.24bn | THB 1.23bn |
| Shareholders' equity | THB 3.00bn | THB 3.78bn | THB 2.91bn | THB 2.75bn | THB 1.74bn | THB 1.34bn | THB 1.28bn | THB 935.6m | THB 953.0m | THB 725.5m |
| Shares outstanding | 1,461m | 1,461m | 1,140m | 1,143m | 971m | 870m | 819m | 512m | 512m | 404m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | THB 204.2m | THB 295.9m | THB 212.9m | THB 219.9m | THB 218.4m | THB 305.6m | THB 138.3m | THB 193.8m | −THB 259,050 | −THB 21.2m |
| Capital spending | −THB 18.9m | −THB 73.2m | −THB 77.8m | −THB 17.5m | −THB 8.2m | −THB 4.2m | −THB 77.9m | −THB 72.5m | −THB 209.7m | −THB 793.2m |
| Free cash flow | THB 185.3m | THB 222.7m | THB 135.1m | THB 202.4m | THB 210.2m | THB 301.4m | THB 60.4m | THB 121.3m | −THB 209.9m | −THB 814.4m |
| Dividends paid | — | — | −THB 34.2m | −THB 28.1m | −THB 27.9m | −THB 27.9m | −THB 27.9m | −THB 27.9m | — | −THB 25.9m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | THB 190.8m | THB 179.3m | THB 171.0m | THB 174.1m | THB 183.1m | THB 167.6m | THB 181.0m | THB 153.0m |
| Operating income | THB 41.9m | THB 35.3m | THB 13.7m | THB 36.7m | −THB 44.9m | THB 21.4m | THB 49.4m | THB 56.3m |
| Net income | −THB 56.1m | −THB 62.2m | −THB 539.2m | −THB 113.7m | −THB 101.4m | −THB 30.7m | THB 7.8m | THB 17.4m |
| Diluted earnings per share | -0.04 | -0.04 | -0.37 | -0.08 | -0.07 | -0.02 | 0.01 | 0.01 |
| Cash from operations | −THB 7.0m | THB 12.0m | THB 51.0m | THB 13.0m | THB 55.0m | THB 42.0m | THB 40.0m | THB 36.0m |
| Capital spending | −THB 7.0m | −THB 7.0m | −THB 3.0m | −THB 4.0m | −THB 5.0m | −THB 5.0m | −THB 7.0m | −THB 7.0m |
| Free cash flow | −THB 14.0m | THB 5.0m | THB 48.0m | THB 9.0m | THB 50.0m | THB 37.0m | THB 33.0m | THB 29.0m |
| Total assets | THB 6.11bn | THB 6.15bn | THB 6.26bn | THB 6.72bn | THB 6.82bn | THB 6.90bn | THB 7.02bn | THB 6.73bn |
| Cash and short-term investments | THB 10.3m | THB 11.1m | THB 12.1m | THB 7.2m | THB 19.8m | THB 40.1m | THB 173.2m | THB 17.2m |
| Debt | THB 1.79bn | THB 1.75bn | THB 1.78bn | THB 1.71bn | THB 1.71bn | THB 1.70bn | THB 1.18bn | THB 1.52bn |
| Shareholders' equity | THB 2.88bn | THB 2.94bn | THB 3.00bn | THB 3.54bn | THB 3.65bn | THB 3.75bn | THB 3.78bn | THB 3.78bn |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 10.3% | 6.5% | 3.3% |
| Operating income | — | -3.0% | 3.4% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 33.0% | 27.6% | 29.7% | 16.9% |
| Net margin | -46.5% | -9.3% | -0.2% | 0.8% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -1.3 | 10.1 | 12.2 | 21.6 | 25.9 | 24.7 | 88.6 | -38.5 | 172.9 | 163.5 |
| Price to sales | 1.5 | 2.7 | 4.2 | 8.4 | 10.9 | 2.7 | 0.8 | 0.8 | 1.5 | 1.7 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 11 Apr 2023.
| FY2023 | FY2022 | FY2021 | FY2016 | |
|---|---|---|---|---|
| Paid in the year | 0.03 | 0.029 | 0.029 | 0.064 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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