P 
0.25
+8.70%
Close of 9 Nov 2026, in THB
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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
At a glance
Figures in THB, from our data supplier.
Revenue
THB 34.7m
FY2016FY2025
Net income
−THB 82.9m
FY2016FY2025
Free cash flow
−THB 60.1m
FY2016FY2025
Shareholders' equity
THB 232.3m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | THB 34.7m | THB 29.5m | THB 170.6m | THB 102.0m | THB 62.1m | THB 82.8m | THB 52.6m | THB 89.4m | THB 61.9m | THB 98.1m |
| Research and development | — | — | THB 0 | THB 0 | THB 1 | THB 0 | THB 0 | THB 0 | THB 1 | THB 0 |
| Operating income | −THB 74.0m | −THB 43.8m | THB 3.2m | −THB 132.0m | −THB 134.4m | −THB 101.7m | −THB 93.1m | −THB 114.4m | −THB 136.5m | −THB 142.7m |
| Net income | −THB 82.9m | −THB 46.0m | THB 922,700 | −THB 23.1m | −THB 49.7m | −THB 18.3m | −THB 25.2m | −THB 29.8m | −THB 41.0m | −THB 25.6m |
| Diluted earnings per share | -0.25 | -0.14 | 0.00 | -0.07 | -0.15 | -0.05 | -0.07 | -0.09 | -0.12 | -0.08 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | THB 514.0m | THB 519.5m | THB 494.9m | THB 498.4m | THB 483.3m | THB 526.3m | THB 509.1m | THB 548.7m | THB 587.1m | THB 620.7m |
| Cash and short-term investments | THB 33.7m | THB 27.8m | THB 98.9m | THB 115.2m | THB 85.0m | THB 141.2m | THB 138.6m | THB 150.5m | THB 133.6m | THB 133.7m |
| Total liabilities | THB 281.7m | THB 204.3m | THB 133.7m | THB 136.8m | THB 98.6m | THB 98.0m | THB 62.4m | THB 76.9m | THB 85.9m | THB 78.3m |
| Debt | THB 200.7m | THB 150.8m | THB 86.1m | THB 46.3m | THB 51.6m | THB 66.0m | THB 22.5m | THB 32.4m | THB 42.7m | THB 53.0m |
| Shareholders' equity | THB 232.3m | THB 315.2m | THB 361.2m | THB 361.6m | THB 384.7m | THB 428.4m | THB 446.7m | THB 471.8m | THB 501.2m | THB 542.4m |
| Shares outstanding | 336m | 336m | 336m | 336m | 336m | 336m | 336m | 336m | 336m | 336m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −THB 60.0m | −THB 128.7m | −THB 53.6m | THB 38.1m | −THB 38.8m | THB 11.6m | THB 878,177 | THB 30.7m | THB 13.3m | THB 12.8m |
| Capital spending | −THB 113,871 | −THB 476,850 | −THB 367,503 | −THB 145,603 | −THB 338,506 | −THB 66,340 | −THB 165,253 | −THB 157,218 | −THB 256,424 | −THB 1.2m |
| Free cash flow | −THB 60.1m | −THB 129.2m | −THB 54.0m | THB 38.0m | −THB 39.1m | THB 11.6m | THB 712,924 | THB 30.5m | THB 13.0m | THB 11.6m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | THB 83.6m | THB 39.3m | THB 15.5m | THB 5.4m | THB 8.3m | THB 5.5m | THB 5.1m | THB 5.1m |
| Operating income | −THB 14.0m | −THB 16.7m | −THB 51.4m | −THB 7.1m | −THB 6.6m | −THB 8.8m | −THB 19.6m | −THB 9.4m |
| Net income | −THB 17.6m | −THB 19.9m | −THB 54.4m | −THB 9.6m | −THB 8.5m | −THB 10.3m | −THB 20.2m | −THB 10.0m |
| Diluted earnings per share | -0.05 | -0.06 | -0.16 | -0.03 | -0.03 | -0.03 | -0.06 | -0.03 |
| Cash from operations | THB 22.0m | −THB 38.0m | −THB 7.0m | −THB 16.0m | −THB 13.0m | −THB 22.0m | −THB 36.0m | −THB 43.0m |
| Capital spending | — | −THB 1.0m | — | — | — | — | — | — |
| Free cash flow | — | −THB 39.0m | — | — | — | — | — | — |
| Total assets | THB 507.8m | THB 534.9m | THB 514.0m | THB 525.4m | THB 524.6m | THB 532.5m | THB 519.5m | THB 484.3m |
| Cash and short-term investments | THB 28.5m | THB 26.2m | THB 33.7m | THB 24.9m | THB 26.4m | THB 25.6m | THB 27.8m | THB 19.7m |
| Debt | THB 193.1m | THB 208.1m | THB 175.3m | THB 163.9m | THB 148.7m | THB 132.0m | THB 108.2m | THB 61.2m |
| Shareholders' equity | THB 192.6m | THB 210.2m | THB 232.3m | THB 286.7m | THB 296.4m | THB 304.9m | THB 315.2m | THB 335.4m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -30.2% | -16.0% | -16.5% |
| Operating income | -17.6% | -6.2% | 31.0% |
| Net income | 53.1% | 35.2% | 16.4% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -183.6% | -73.2% | -100.2% | -98.1% |
| Net margin | -201.0% | -44.9% | -45.5% | -36.1% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -1.7 | -7.2 | 331.4 | -18.3 | -13.0 | -15.6 | -14.5 | -18.1 | -14.3 | -25.2 |
| Price to sales | 4.1 | 11.3 | 1.8 | 4.2 | 10.4 | 3.5 | 7.0 | 6.0 | 9.5 | 6.6 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 30 Apr 2014.
| FY2014 | FY2013 | FY2012 | FY2011 | FY2010 | |
|---|---|---|---|---|---|
| Paid in the year | 0.05 | 0.05 | 0.05 | 0.05 | 0.001 |
- 2.5-for-1 split · 5 Aug 2008
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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