| 2024 | 2023 | 2022 | 2021 |
|---|
| Revenues | 323.41 | 319.66 | 334.08 | 515.69 |
| Expenses | 278.91 | 283.51 | 280.98 | 402.12 |
| Net Profit (Loss) | 19.78 | 31.16 | 45.72 | 98.75 |
| Assets | 590.70 | 634.66 | 606.12 | 649.62 |
| Liabilities | 86.60 | 84.21 | 73.57 | 99.83 |
| Shareholders' Equity | 499.23 | 547.25 | 528.94 | 549.79 |
| Operating | 55.62 | 10.42 | 60.07 | 82.92 |
| Investing | -81.12 | -174.88 | -137.58 | -0.07 |
| Financing | -70.12 | -15.79 | -71.18 | 355.82 |
| EPS (Baht) | 0.12 | 0.19 | 0.29 | 0.68 |
| GP Margin (%) | 30.52 | 25.58 | 27.90 | 31.00 |
| NP Margin (%) | 6.63 | 9.62 | 13.47 | 19.15 |
| D/E Ratio (x) | 0.17 | 0.15 | 0.14 | 0.18 |
| ROE (%) | 3.78 | 5.79 | 8.48 | 30.84 |
| ROA (%) | 3.84 | 5.65 | 8.57 | 27.31 |
The Company aims to be the leader in mobile value-added services
business in Southeast Asia and develop various digital platforms for
consumers in all aspects of life. The Company focuses on
developing more new projects for operators. In addition, the
Company will invest in other businesses in the technology sector
that can enhance the Company's current business apart from those
related to operators to increase the non-operator revenue
proportion and reduce the overall risk of the Company.
The Company values business growth under good corporate
governance and effective risk management in cooperation with
operating with responsibility towards society and environment as
well as the value chain by creating technological security for
sustainable society and environment, consistent with one of the
Company’s missions and stakeholders’ expectations. The Company
also places importance on continually increasing efficiency in
creating transparency and anti-corruption in business operations,
including the introduction of human rights as part of the working
principles. Also, the Company has a Carbon Footprint for
Organization (CFO) policy in order to be informed of the amount of
greenhouse gas emission and absorption of the organization
leading to actions to reduce the organization’s greenhouse gas
emission in the future.
The Company is the leader in the business of supporting digital
content services via mobile phones in Thailand with a
comprehensive content management platform, information, news
and entertainment able to support the transition of a variety of
new technologies and continuously expand the scope of service to
meet every lifestyle of mobile users in the digital era.
In 2024, the Group had total revenue of approximately THB 323.41 million, with total expenses of approximately THB 278.91 million and net profit of approximately THB 19.78 million.
• In 2021, the Company became a listed securities and its first
trading day on the Market for Alternative Investment (MAI) was
20 May 2021.
• In 2022, the Company invested in other companies as follows:
- Seven Connect Advisory Co., Ltd., which is an associate company that operates as an advisor in accounting, internal control, business restructuring and preparation for listing on the Stock Exchange of Thailand. In addition, Thai-Thai Engineers Co., Ltd. is a subsidiary of Seven Connect Advisory Co., Ltd. that operates as an environmental consultant providing advice in the process of applying for construction permits for real estate projects.
- Hyweb Technology (Thailand) Co., Ltd., which is a subsidiary of the Company that operates as a local developer of various solutions together with Hyweb Technology Co., Ltd., one of the leading software developers in Taiwan.
• In 2023, the Company invested in other companies as follows:
- Orisma Co., Ltd., which is an associate company that operates as a holding company. The Orisma group operates as a developer of solutions and applications to support various business operations such as marketing communication, human resource management and personal financial planning.
- GTI Corporation Co., Ltd., an associate company that operates as a contractor for full range of construction services .
- In 2024, the Company is in the process of investing in Glory Limited, which is engaged in the business of providing services to support the monetization of music, and Ocean Shine Far East Limited, a producer of music for various video contents on online channels, in accordance with the resolution of the Extraordinary General Meeting of Shareholders No. 1/2025, which is expected to be completed within May 2025.
• Risk from reliance on mobile operators in business
operations The Company’s management and employees
regularly communicate with operators about operational
guidelines and are ready to adjust the operational methods to
match with the operational methods of the operators. In the
past, the Company has never encountered any serious problems
that would affect its business operations. In addition, the
Company has invested in other businesses to reduce this risk.
• Risk associated with changes in technology and consumer
behavior The Company is always aware of the technological
and consumer behavior changes in working together with
operators to ensure that the Company will be able to develop
information technology system to support the operators’
launch of new services continuously.
• The Company has been continuously certified by Thailand
Greenhouse Gas Management Organization as a Carbon Neutral
Company since 2021.
| as of 30/12/24 | ADD | SERVICE | mai |
|---|---|---|---|
| P/E (X) | 20.60 | 82.27 | 41.84 |
| P/BV (X) | 1.75 | 1.84 | 1.55 |
| Dividend yield (%) | 3.04 | 2.77 | 2.47 |
| 30/12/24 | 28/12/23 | 30/12/22 | |
|---|---|---|---|
| Market Cap (MB) | 896.00 | 952.00 | 1,648.00 |
| Price (B/Share) | 5.60 | 5.95 | 10.30 |
| P/E (X) | 20.60 | 72.26 | 24.01 |
| P/BV (X) | 1.75 | 1.80 | 3.09 |
