0.43
-2.27%
Close of 9 Nov 2026, in THB
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At a glance
Figures in THB, from our data supplier.
Revenue
THB 622.1m
FY2016FY2025
Net income
−THB 50.2m
FY2016FY2025
Free cash flow
THB 87.0m
FY2016FY2025
Shareholders' equity
THB 600.3m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | THB 622.1m | THB 865.7m | THB 1.05bn | THB 1.33bn | THB 933.9m | THB 1.73bn | THB 1.70bn | THB 1.78bn | THB 976.8m | THB 1.33bn |
| Gross profit | THB 146.9m | THB 156.7m | THB 143.3m | THB 198.1m | THB 86.8m | THB 35.0m | THB 224.0m | THB 243.8m | THB 176.9m | THB 210.6m |
| Operating income | THB 2.7m | THB 47.3m | −THB 63.2m | −THB 35.8m | −THB 81.2m | −THB 138.2m | THB 42.3m | THB 41.1m | THB 17.3m | THB 127.1m |
| Net income | −THB 50.2m | −THB 28.3m | −THB 117.9m | −THB 64.5m | −THB 86.3m | −THB 133.6m | THB 20.4m | THB 53.2m | THB 36.4m | THB 101.8m |
| Diluted earnings per share | -0.07 | -0.04 | -0.17 | -0.10 | -0.13 | -0.20 | 0.03 | 0.08 | 0.05 | 0.17 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | THB 1.89bn | THB 2.08bn | THB 2.37bn | THB 2.70bn | THB 2.40bn | THB 2.43bn | THB 2.24bn | THB 1.99bn | THB 1.59bn | THB 1.38bn |
| Cash and short-term investments | THB 62.7m | THB 61.6m | THB 113.7m | THB 113.9m | THB 108.3m | THB 175.2m | THB 165.0m | THB 287.4m | THB 427.3m | THB 592.4m |
| Total liabilities | THB 1.30bn | THB 1.43bn | THB 1.67bn | THB 1.87bn | THB 1.51bn | THB 1.38bn | THB 1.05bn | THB 789.1m | THB 415.5m | THB 426.7m |
| Debt | THB 1.08bn | THB 1.16bn | THB 1.33bn | THB 1.44bn | THB 1.05bn | THB 1.02bn | THB 423.5m | THB 275.7m | THB 36.5m | THB 28.6m |
| Shareholders' equity | THB 600.3m | THB 659.4m | THB 688.8m | THB 804.7m | THB 861.0m | THB 994.6m | THB 1.15bn | THB 1.18bn | THB 1.15bn | THB 946.9m |
| Shares outstanding | 677m | 677m | 677m | 677m | 677m | 677m | 677m | 677m | 691m | 600m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | THB 93.7m | THB 128.0m | THB 78.6m | −THB 161.0m | THB 214.4m | −THB 98.6m | −THB 41.7m | THB 57.4m | −THB 102.0m | THB 252.1m |
| Capital spending | −THB 6.8m | −THB 2.3m | −THB 10.6m | −THB 233.6m | −THB 349.0m | −THB 281.9m | −THB 225.1m | −THB 314.2m | −THB 21.9m | −THB 6.6m |
| Free cash flow | THB 87.0m | THB 125.7m | THB 68.0m | −THB 394.5m | −THB 134.6m | −THB 380.5m | −THB 266.8m | −THB 256.7m | −THB 123.9m | THB 245.5m |
| Dividends paid | — | — | — | — | — | −THB 20.3m | −THB 43.3m | −THB 30.5m | −THB 36.0m | −THB 60.0m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | THB 294.8m | THB 173.4m | THB 190.1m | THB 120.0m | THB 142.6m | THB 169.3m | THB 226.8m | THB 198.5m |
| Gross profit | THB 65.1m | THB 36.1m | THB 46.1m | THB 31.5m | THB 32.9m | THB 36.4m | THB 51.2m | THB 44.9m |
| Operating income | THB 43.5m | THB 2.0m | THB 6.8m | −THB 2.5m | −THB 471,000 | THB 2.5m | THB 12.2m | THB 12.4m |
| Net income | THB 29.8m | −THB 10.6m | −THB 7.7m | −THB 13.8m | −THB 15.0m | −THB 13.6m | −THB 7.3m | −THB 3.6m |
| Diluted earnings per share | 0.04 | -0.02 | -0.01 | -0.02 | -0.02 | -0.02 | -0.01 | -0.01 |
| Cash from operations | −THB 22.0m | THB 33.0m | THB 4.0m | THB 16.0m | THB 47.0m | THB 24.0m | THB 13.0m | THB 104.0m |
| Capital spending | — | −THB 1.0m | −THB 5.0m | — | — | — | — | — |
| Free cash flow | — | THB 32.0m | −THB 1.0m | — | — | — | — | — |
| Total assets | THB 1.92bn | THB 1.86bn | THB 1.89bn | THB 1.86bn | THB 1.90bn | THB 1.97bn | THB 2.08bn | THB 2.11bn |
| Cash and short-term investments | — | THB 56.9m | THB 62.7m | THB 47.2m | THB 50.1m | THB 39.6m | THB 61.6m | THB 66.1m |
| Debt | THB 704.2m | THB 952.8m | THB 998.0m | THB 964.1m | THB 982.0m | THB 1.02bn | THB 1.06bn | THB 1.08bn |
| Shareholders' equity | THB 620.7m | THB 593.4m | THB 600.3m | THB 617.1m | THB 630.9m | THB 645.9m | THB 659.4m | THB 667.1m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -22.4% | -18.5% | -9.1% |
| Operating income | — | — | -29.6% |
| Net income | -8.1% | -17.8% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 20.4% | 16.7% | 11.7% | 12.9% |
| Operating margin | 3.4% | -1.3% | -4.1% | 0.4% |
| Net margin | -5.3% | -6.7% | -7.4% | -1.4% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -5.1 | -13.9 | -3.7 | -15.6 | -10.9 | -3.7 | 31.2 | 23.9 | 50.1 | 20.9 |
| Price to sales | 0.4 | 0.5 | 0.4 | 0.8 | 1.0 | 0.3 | 0.4 | 0.7 | 1.9 | 1.6 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 9 Mar 2020.
| FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|
| Paid in the year | 0.03 | 0.064 | 0.045 | 0.06 | 0.10 | 0.05 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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