IIG : I&I GROUP PUBLIC COMPANY LIMITED
YE/2566 (Jan - Dec 2023)
Business Overview
Digital and technology consultant for various business sectors, types of business are classified as follows: 1. Consulting service, Customer Relationship Management (CRM) System design and installation, and software subscription from Salesforce 2. Consulting service, Enterprise Resource Planning (ERP) System design and installation, and reseller of Oracle 3. Consulting Service and Implementation specialized in Brand Strategy Planning, Customer Experience Management and Digital Marketing 4. Placement Service 5. Data Analytics & Management
Financial Statement
2023 2022 2021 2020
Income Statement (MB)
Revenues 948.63 959.44 690.03 553.11
Expenses 1,269.13 845.52 588.82 474.55
Net Profit (Loss) -313.46 83.54 79.32 62.77
Balance Sheet (MB)
Assets 1,533.31 1,139.86 797.00 633.91
Liabilities 877.01 537.86 243.05 146.19
Shareholders' Equity 595.85 599.39 553.36 487.72
Cash Flow (MB)
Operating -201.08 -101.96 55.16 8.04
Investing -84.12 -54.78 -37.47 -10.53
Financing 247.16 112.37 -17.58 126.80
Financial Ratio
EPS (Baht) -2.89 0.84 0.79 0.74
GP Margin (%) -4.95 22.78 27.93 28.80
NP Margin (%) -31.89 8.92 11.50 11.35
D/E Ratio (x) 1.34 0.89 0.44 0.30
ROE (%) -52.45 14.49 15.24 15.94
ROA (%) -24.41 11.41 14.10 14.58
Business Plan
Sustainable Development Plan
Business Highlight

2023 Financial Highlight

IIG continues to grow its recurring revenue at THB 695 million, compared to the same period of last year with a Total Revenue of 2023 at THB 948.63 million. Recurring Revenue increased from the same period of last year at THB 390 million, 78% growth YoY.

Performance and Analysis
Business Performance Summary

In 2023, the company continued to grow, with revenue from sales and services totaling THB 948.63 million, mainly from an increase of recurring revenue of THB 695 million from the same period of last year, with revenue of THB 390 million, representing a growth rate of 78%. This is a result of the recurring revenue growth from the Outsourcing business, which had THB 256 million. Resulting in a recurring revenue base increase of 73% of revenue from sales and services. In addition, there was a further revenue of THB 12.82 million of other income.

Key Milestones

I&I Group PLC. was established in 1991 with a focus on IT solutions and integrated programs for many leading organizations in Thailand. I&I Group PLC. listed publicly on the Market for Alternative Investment (mai) on August 6, 2020. Currently, there are affiliated companies as follows: 1. ICE Consulting Co., Ltd. 2. I&I Experience Co., Ltd. 3. Diginative Co., Ltd., 4. I&I Venture Co., Ltd. and lastest, 5. Lansing Business Systems Company Limited, The transaction was completed on 5 Jan 2023, 51% of total shares.

Risk Management Policy

The company realizes the importance of risk management that may affect businesses operations. These risks are mitigated through increasing operational efficiency and governance in order to build confidence among stakeholders. The main risks can be classified as follows: 1.Risk of relying on few software system developers (suppliers):Were there a situation that resulted in the company no longer being able to serve as a distributor, the company would still be able to find other software system developers. The company’s strength is in being an expert in leading technology business. Therefore, The company will continue to be a leader in technology consulting in the industry. 2.Risk from technological change: The company attaches great importance to product selection. The software systems that the company distributes are from world class software developers such as Salesforce and Oracle, ensuring that the products will always remain highly efficient and in line with the latest technology. 3.Risk of copyright infringement: The company has registered copyrights for every one of its developed programs which makes the risk of infringement minimal. This risk is further reduced through rigorous review of the actions of all parties involved. 4.Risk from reliance on executives and personnel with experience and business ability: The company relies on these strong individuals to do business. Specialized knowledge and abilities deliver excellent results to customers which is why these traits are valued so highly at the company. An Employee Engagement project has been set up to give employees more opportunities to participate and be a bigger part of the organization and help them achieve a clearer Career Path. The company has also established personnel development plans. In addition, individuals with outstanding abilities and performance will be able to benefit from a Fast Track Program.

Recent Awards and Recognitions
  • SET AWARDS - BEST INVESTOR RELATIONS 2022
  • SET AWARDS - BEST INNOVATIVE COMPANY 2023


Revenue Structure
CRM 40.2% ERP 25.8% CEM and Digital Marketing 2.7% Outsourcing service 27% Software Development Service 3% Others 1.3%
Stock Information
mai / TECH
Closing price IIG mai index 48.00 24.00 0.00 637.00 530.33 423.67 317.00 3-1-23 31-3-23 4-7-23 29-9-23 28-12-23
as of 28/12/23 IIG TECH mai
P/E (X) - 35.96 109.18
P/BV (X) 1.48 3.55 2.17
Dividend yield (%) - 0.93 1.53
28/12/23 30/12/22 30/12/21
Market Cap (MB) 1,130.73 3,700.00 5,000.00
Price (B/Share) 10.40 37.00 50.00
P/E (X) - 40.19 60.80
P/BV (X) 1.48 6.35 9.45
CG Report:
Major Shareholders
as of 10/03/2023
นาย สมชาย เมฆะสุวรรณโรจน์ (26.23%)
บริษัท แลนซิ่ง โฮลดิ้ง จำกัด (8.02%)
MR. CHANCHAI PANCHAMONGKOL (7.46%)
บริษัท วิริยะประกันภัย จำกัด (มหาชน) (5.13%)
MISS KANJANA LIMPUNYALERT (5.00%)
Others (48.16%)
Company Information and Contact
http://www.ii.co.th
cnh@ii.co.th
0-2248-3746
475 Siripinyo Building, Unit 1801, 18th floor, Sri Ayutthaya Road, Thanon Phayathai Sub-district, Ratchatewi District Bangkok 10400
Other Trading Info. : https://www.settrade.com/C04_01_stock_quote_p1.jsp?txtSymbol=IIG
Remarks: This document is prepared by the listed company and aimed to disseminate the listed company’s information to investors for only investment decision support. The listed company does not give investment advice or recommendation regarding the listed company’s securities. Before making investment decisions, investors should study additional information and seek advice from relevant professionals. In no event shall the listed company be responsible for any loss or damage arising from the use of the information contained herein. The listed company reserves the right to amend the content specified in this document without prior notice. Unless otherwise permitted by the listed company, copy, modification, or dissemination of this document or the content contained herein is prohibited. In case there is any questions regarding the listed company’s information, the investors may seek for additional information from the report or information which the listed company has disclosed through the Office of the Securities and Exchange Commission’s and/or the Stock Exchange of Thailand’s channel.
Published on 07/03/2024