Operates as an intermediary in arranging auction services of all types of property, other auctioned related services to facilitate the owner of the property and the bidder; transportation service, procurement of source of fund for customers who participated in the auction. And there are sale channels through the website.
| 6M25 | 6M24 | 2024 | 2023 |
|---|
| Revenues | 528.93 | 653.87 | 1,303.46 | 1,240.61 |
| Expenses | 388.44 | 388.03 | 813.21 | 780.37 |
| Net Profit (Loss) | 99.20 | 203.15 | 371.29 | 347.93 |
| Assets | 1,894.71 | 2,049.25 | 2,050.89 | 1,979.28 |
| Liabilities | 1,406.73 | 1,458.33 | 1,486.12 | 1,388.01 |
| Shareholders' Equity | 487.98 | 590.91 | 564.77 | 591.26 |
| Operating | 160.07 | 244.65 | 405.04 | 709.87 |
| Investing | 104.36 | -123.06 | -178.09 | 43.14 |
| Financing | -229.45 | -253.32 | -500.62 | -408.30 |
| EPS (Baht) | 0.18 | 0.37 | 0.68 | 0.63 |
| GP Margin (%) | 42.53 | 53.16 | 50.46 | 50.02 |
| NP Margin (%) | 18.76 | 31.07 | 28.49 | 28.04 |
| D/E Ratio (x) | 2.88 | 2.47 | 2.63 | 2.35 |
| ROE (%) | 49.56 | 68.56 | 64.24 | 60.75 |
| ROA (%) | 18.50 | 25.94 | 24.33 | 24.31 |
On 1 May 2025, the Company increased the service fees as follows:
- Cars 12,000 Baht
- 6-Wheel Trucks 14,000 Baht
- 10-Wheel Trucks 17,000 Baht
- Motorcycles under 250 cc 2,000 Baht
- Motorcycles under 500 cc 3,500 Baht
- Motorcycles 500 cc and above 5,000 Baht
In the 2Q/2025, the Company’s revenue from services was 258.53 MB decreased by 46.18 MB or 15.2% YoY. Revenue from auctions was 202.94 MB, decreased by 52.91 MB or 20.7% YoY, and decreased by 18.32 MB or 8.3% QoQ. This decline was primarily due to the impact of the “You Fight, We Help” program, which has led to a continued slowdown in the number of repossessed vehicles entering auction yards and the volume of ended vehicle auctions since the late 4Q/2024.
As a result of the increase in service fees, the Company’s revenue from auctions was close to the previous quarter, while a decline in the number of vehicles entering the auction yards and the number of ended vehicle auctions. In the 2Q/2025, revenue from transportation and other services were 55.59 MB increased by 6.73 MB or 13.8% YoY, and increased by 13.13 MB or 30.9% QoQ. The growth was attributed to revenue from organizing a spectrum auction event. Meanwhile, revenue from transportation and other vehicle auction-related services declined in line with the reduction in ended vehicle auctions volume.
For the 6M/2025, the Company’s total service revenue was 522.25 MB, decreased by 125.28 MB or 19.3% YoY. Revenue from auctions was 424.20 MB, decreased by 121.47 MB or 22.3% YoY. Revenue from transportation and other services were 98.05 MB , decreased by 3.81 MB or 3.7% YoY.
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| as of 30/06/25 | AUCT | SERVICE | mai |
|---|---|---|---|
| P/E (X) | 10.60 | 63.41 | 60.02 |
| P/BV (X) | 5.24 | 1.59 | 1.15 |
| Dividend yield (%) | 11.36 | 3.34 | 3.94 |
| 30/06/25 | 30/12/24 | 28/12/23 | |
|---|---|---|---|
| Market Cap (MB) | 3,245.00 | 4,592.50 | 6,270.00 |
| Price (B/Share) | 5.90 | 8.35 | 11.40 |
| P/E (X) | 10.60 | 11.80 | 17.95 |
| P/BV (X) | 5.24 | 9.35 | 12.59 |