0.04
-20.00%
Close of 9 Nov 2026, in THB
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At a glance
Figures in THB, from our data supplier.
Revenue
THB 472.1m
FY2016FY2025
Net income
−THB 233.6m
FY2016FY2025
Free cash flow
−THB 108.6m
FY2016FY2025
Shareholders' equity
THB 1.76bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | THB 472.1m | THB 692.6m | THB 380.0m | THB 801.1m | THB 301.8m | THB 75,538 | THB 933.7m | THB 1.57bn | THB 1.70bn | THB 1.92bn |
| Operating income | −THB 280.5m | −THB 406.7m | −THB 392.0m | −THB 347.4m | −THB 269.4m | THB 140.6m | −THB 106.5m | −THB 113.5m | THB 202.5m | −THB 9.3m |
| Net income | −THB 233.6m | −THB 336.1m | −THB 372.9m | −THB 325.6m | −THB 241.8m | THB 26.4m | −THB 185.1m | −THB 104.3m | −THB 5.1m | −THB 132.0m |
| Diluted earnings per share | -0.01 | -0.02 | -0.02 | -0.02 | -0.01 | 0.00 | -0.04 | -0.02 | -0.00 | -0.03 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | THB 2.59bn | THB 2.77bn | THB 2.69bn | THB 3.03bn | THB 3.19bn | THB 3.04bn | THB 1.36bn | THB 1.74bn | THB 2.02bn | THB 2.17bn |
| Cash and short-term investments | THB 18.4m | THB 29.4m | THB 29.3m | THB 162.6m | THB 200.4m | THB 245.8m | THB 20.0m | THB 1.5m | THB 56.4m | THB 72.7m |
| Total liabilities | THB 827.6m | THB 769.5m | THB 667.8m | THB 640.5m | THB 479.6m | THB 460.3m | THB 1.26bn | THB 1.45bn | THB 1.62bn | THB 1.52bn |
| Debt | THB 357.9m | THB 260.0m | THB 206.1m | THB 204.8m | THB 5.3m | THB 2.5m | THB 965.4m | THB 1.01bn | THB 104.1m | THB 1.11bn |
| Shareholders' equity | THB 1.76bn | THB 2.00bn | THB 2.02bn | THB 2.39bn | THB 2.71bn | THB 2.58bn | THB 102.5m | THB 291.0m | THB 395.3m | THB 648.1m |
| Shares outstanding | 16,826m | 16,826m | 16,826m | 16,826m | 18,194m | 16,089m | 4,986m | 4,986m | 4,986m | 4,986m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −THB 104.0m | −THB 128.2m | −THB 16.8m | −THB 214.4m | −THB 387.7m | −THB 114.6m | THB 83.7m | THB 233.3m | THB 131.0m | THB 47.2m |
| Capital spending | −THB 4.5m | −THB 17.4m | −THB 104.3m | −THB 32.5m | −THB 30.3m | −THB 6,900 | −THB 6.2m | −THB 10.1m | −THB 18.7m | −THB 21.9m |
| Free cash flow | −THB 108.6m | −THB 145.6m | −THB 121.2m | −THB 246.9m | −THB 418.0m | −THB 114.6m | THB 77.6m | THB 223.2m | THB 112.2m | THB 25.3m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | THB 150.4m | THB 158.9m | THB 112.9m | THB 127.3m | THB 121.3m | THB 110.6m | THB 91.1m | THB 198.8m |
| Operating income | −THB 41.3m | −THB 54.6m | −THB 79.3m | −THB 60.8m | −THB 65.8m | −THB 74.6m | −THB 95.4m | −THB 96.2m |
| Net income | −THB 108.3m | −THB 83.5m | −THB 66.9m | −THB 50.3m | −THB 52.8m | −THB 63.6m | −THB 90.4m | −THB 69.5m |
| Diluted earnings per share | -0.01 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.01 | -0.00 |
| Cash from operations | −THB 11.0m | −THB 16.0m | THB 10.0m | −THB 81.0m | −THB 8.0m | −THB 20.0m | −THB 56.0m | −THB 35.0m |
| Capital spending | −THB 2.0m | −THB 4.0m | −THB 2.0m | — | — | −THB 1.0m | −THB 2.0m | −THB 11.0m |
| Free cash flow | −THB 13.0m | −THB 20.0m | THB 8.0m | — | — | −THB 21.0m | −THB 58.0m | −THB 46.0m |
| Total assets | THB 2.41bn | THB 2.48bn | THB 2.59bn | THB 2.65bn | THB 2.71bn | THB 2.72bn | THB 2.77bn | THB 2.83bn |
| Cash and short-term investments | THB 16.5m | THB 13.6m | THB 18.4m | THB 10.9m | THB 59.9m | THB 5.6m | THB 29.4m | THB 16.5m |
| Debt | THB 357.7m | THB 355.7m | THB 357.2m | THB 356.6m | THB 322.1m | THB 257.4m | THB 258.1m | THB 179.5m |
| Shareholders' equity | THB 1.57bn | THB 1.68bn | THB 1.76bn | THB 1.83bn | THB 1.88bn | THB 1.93bn | THB 2.00bn | THB 2.09bn |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -16.2% | 474.3% | -16.5% |
| Operating income | -6.9% | — | — |
| Net income | -10.5% | — | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -59.0% | -60.8% | -58.7% | -13.4% |
| Net margin | -48.9% | -54.1% | -56.0% | -16.2% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -3.6 | -3.5 | -3.6 | -7.2 | -18.8 | 115.8 | -0.8 | -4.7 | -230.9 | -18.0 |
| Price to sales | 1.8 | 1.7 | 3.5 | 2.9 | 15.1 | — | 0.1 | 0.3 | 0.7 | 1.2 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 18 Mar 2004.
| FY2004 | FY2003 | FY1997 | |
|---|---|---|---|
| Paid in the year | 0.143 | 0.002 | 0.006 |
- 9.5515-to-1 reverse split · 21 Jul 2006
- 8.5-for-1 split · 18 Nov 2003
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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