Performance Highlights

Presenting key metrics and figures for a financial snapshot overview of a company's financial performance.

Financial Highlights in 1Q26

Overall Operating Revenue
THB mn
(grew by 14.4% YoY)
Gross Profit
THB mn
representing 52.3% of operating revenue
SG&A Expenses
THB mn
representing 30.8% of operating revenue
EBITDA
THB mn
(grew by 41.8% YoY)
Reported net profit
THB mn
(grew by 34.4% YoY)
Adjusted net profit
THB mn
(grew by 16.2% YoY)

Financial Highlights

Total Operating Revenue
(Unit: THB mn)
THB mn
Total Assets
(Unit: THB mn)
THB mn
EBITDA
(Unit: THB mn)
THB mn
Total Profits
(Unit: THB mn)
THB mn
Consolidated Income Statement
Figures in THB mn
2021 2022 2023 2024 2025 1Q26 1Q25
Operating Revenue 14,136 15,349 14,838 14,094 13,167 3,408 2,979
Gross profit 5,911 6,899 6,569 6,601 6,639 1,784 1,532
Selling and Admin. exp (SGA) 3,769 4,359 4,046 4,126 4,212 1,050 989
SGA (% to revenue) 26.7% 28.4% 27.3% 29.3% 32.0% 30.8% 33.2%
EBITDA 2,581 2,895 2,579 2,674 2,743 869 613
(% to revenue) 18.3% 18.9% 17.4% 19.0% 20.8% 25.5% 20.6%
Net Profit (Adjusted) of core business 1 1,882 2,290 2,327 2,236 2,037 565 486
(% to revenue) 13.3% 14.9% 15.7% 15.9% 15.5% 16.6% 16.3%
Net foreign exchange gain/(loss) 2 119 2 (325) (188) (98) 40 (25)
Normalizing tax expense 0 0 31 0 0 - 0
Net losses from new businesses (60) (52) (40) (36) (28) - (11)
Net profits-Reported 1,941 2,240 1,993 2,013 1,912 605 450
Operating cash inflow 2,727 1,997 1,926 2,401 2,770 686 398
% to net profits 140.5% 89.2% 96.6% 119.3% 144.9% 113.5% 88.4%
Cash cycle (days) 124 119 132 140 151 151 138
Revenue by Segments
Mega We Care  business 6,909 8,053 7,963 8,268 8,650 2,310 1,984
Maxxcare business 6,906 6,982 6,595 5,519 4,204 999 927
OEM 320 314 279 306 312 99 69
Consolidated Balance Sheet
Figures in THB mn
2021 2022 2023 2024 2025 1Q26 1Q25
Cash and bank balances 3 2,531 2,789 2,712 3,813 4,068 4,634 3,909
Trade accounts receivable 2,557 3,107 3,314 2,975 3,192 3,300 2,764
Inventories 3,823 4,109 3,377 3,033 3,008 3,259 3,004
Property, plant and equipment 4 1,874 1,936 2,010 1,978 1,838 1,883 1,985
Intangible assets 5 1,353 1,329 1,319 1,319 1,296 1,325 1,313
Other assets 1,134 1,376 1,383 1,092 1,416 1,628 1,388
Total Assets 13,272 14,646 14,115 14,210 14,817 16,030 14,364
Bank overdrafts & short-term Loans 168 229 76 288 472 478 268
Trade Payables 2,527 2,793 1,925 1,685 1,720 1,884 1,556
Other Liabilities 2,552 2,847 2,812 2,361 2,840 3,160 2,221
Total Outside Liabilities 5,247 5,870 4,813 4,333 5,032 5,523 4,046
Shareholder Equity 8,025 8,777 9,302 9,877 9,786 10,506 10,318
Total Liabilities and Equity 13,272 14,646 14,115 14,210 14,818 16,030 14,364
Key Balance Sheet Elements
Net cash/(debt) 2,363 2,560 2,636 3,525 3,595 4,156 3,641
Net cash used in / (generated) from investing activities 6 142 279 230 4 579 109 257
Net debt/Equity (times) (0.29) (0.29) (0.28) (0.36) (0.37) (0.40) (0.35)
Remark:
  1. Adjusted net profits are net profit adjusted for losses from newly started businesses including startups, net foreign exchange gains or losses and non-recurring material income or expenses or taxes, based on best estimates, to reflect normal business performance.
  2. With the implementation of amendments to Thai Accounting Standard 21 – The Effects of Changes in Foreign Exchange Rates in 1Q26, the Group adopted market-based exchange rate for the Myanmar Kyat against foreign currencies. Accordingly, the profit or loss has been re-stated for earlier periods across relevant line items based on best estimates. This re-statement has no impact on overall profitability and is intended to enable meaningful comparison with 1Q26.
  3. Cash and bank balances as at balance sheet dates include non-restricted term deposits with banks
  4. Includes asset classified as investment property
  5. Includes goodwill
  6. Net cash used in investing activities includes investment in property plant and equipments, business acquisitions and investment in joint ventures and associates.