Reported Earnings • 10h
First quarter 2026 earnings released: ฿0.004 loss per share (vs ฿0.003 profit in 1Q 2025) First quarter 2026 results: ฿0.004 loss per share (down from ฿0.003 profit in 1Q 2025). Revenue: ฿613.8m (up 22% from 1Q 2025). Net loss: ฿11.3m (down 277% from profit in 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance. Annuncio • Mar 07
Mida Assets Public Company Limited, Annual General Meeting, Apr 30, 2026 Mida Assets Public Company Limited, Annual General Meeting, Apr 30, 2026, at 13:30 SE Asia Standard Time. Location: at mida assets public company limited. 267, jaransanitwong rd, bangorr, bangplad, bangkok, bangkok Thailand New Risk • Mar 04
New major risk - Revenue and earnings growth Earnings have declined by 1.0% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-฿440m free cash flow). Share price has been highly volatile over the past 3 months (15% average weekly change). Earnings have declined by 1.0% per year over the past 5 years. Minor Risk Market cap is less than US$100m (฿626.0m market cap, or US$19.8m). Reported Earnings • Mar 04
Full year 2025 earnings released: ฿0.17 loss per share (vs ฿0.079 loss in FY 2024) Full year 2025 results: ฿0.17 loss per share (further deteriorated from ฿0.079 loss in FY 2024). Revenue: ฿2.21b (up 7.3% from FY 2024). Net loss: ฿422.3m (loss widened 114% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 47 percentage points per year, which is a significant difference in performance. New Risk • Jan 10
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Thai stocks, typically moving 8.0% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-฿566m free cash flow). Share price has been highly volatile over the past 3 months (8.0% average weekly change). Minor Risk Market cap is less than US$100m (฿500.8m market cap, or US$16.0m). Reported Earnings • Nov 16
Third quarter 2025 earnings released: ฿0.12 loss per share (vs ฿0.026 loss in 3Q 2024) Third quarter 2025 results: ฿0.12 loss per share (further deteriorated from ฿0.026 loss in 3Q 2024). Revenue: ฿540.7m (up 7.7% from 3Q 2024). Net loss: ฿306.8m (loss widened 377% from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings. New Risk • Oct 14
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.8% average weekly change). Market cap is less than US$100m (฿626.0m market cap, or US$19.1m). Reported Earnings • Aug 16
Second quarter 2025 earnings released: ฿0.033 loss per share (vs ฿0.028 loss in 2Q 2024) Second quarter 2025 results: ฿0.033 loss per share (further deteriorated from ฿0.028 loss in 2Q 2024). Revenue: ฿474.4m (up 14% from 2Q 2024). Net loss: ฿82.6m (loss widened 18% from 2Q 2024). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Reported Earnings • May 17
First quarter 2025 earnings released: EPS: ฿0.003 (vs ฿0.007 loss in 1Q 2024) First quarter 2025 results: EPS: ฿0.003 (up from ฿0.007 loss in 1Q 2024). Revenue: ฿559.5m (down 3.0% from 1Q 2024). Net income: ฿6.37m (up ฿22.7m from 1Q 2024). Profit margin: 1.1% (up from net loss in 1Q 2024). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. Annuncio • Mar 08
Mida Assets Public Company Limited, Annual General Meeting, Apr 28, 2025 Mida Assets Public Company Limited, Annual General Meeting, Apr 28, 2025, at 13:30 SE Asia Standard Time. Location: mida hotel don mueang airport, -bangkok. 99/401-486 soi chaeng wattana 10, thung song hong, laksi, bangkok Thailand Reported Earnings • Mar 04
Full year 2024 earnings released: ฿0.079 loss per share (vs ฿0.12 profit in FY 2023) Full year 2024 results: ฿0.079 loss per share (down from ฿0.12 profit in FY 2023). Revenue: ฿2.22b (down 24% from FY 2023). Net loss: ฿197.1m (down 168% from profit in FY 2023). Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings. Annuncio • Sep 30
Mida Assets Public Company Limited Appoints Tippawan Ieosivikul as Director / Vice President / Executive Committee, Effective from October 1, 2024 Mida Assets Public Company Limited informed the resolution of the Board of Director's Meeting No. 20/2024, held on September 27, 2024 regarding the approval resolutions as follows: Resolved to approve the appointment to Ms.Tippawan Ieosivikul to position of Director /Vice President /Executive Committee, replacing Mr. Akachai leosivikul, the deceased director. She shall serve the remaining terms entitled to the director she replaced, effective from October 1, 2024 onwards. Annuncio • Sep 16
Mida Assets Public Company Limited Announces Demise of Akachai Leosivikul, Director and Vice President Mida Assets Public Company Limited announced that Mr. Akachai leosivikul, Director and Vice President, has passed away since September 13, 2024. Reported Earnings • Aug 16
Second quarter 2024 earnings released: ฿0.028 loss per share (vs ฿0.06 profit in 2Q 2023) Second quarter 2024 results: ฿0.028 loss per share (down from ฿0.06 profit in 2Q 2023). Revenue: ฿510.5m (down 13% from 2Q 2023). Net loss: ฿69.9m (down 146% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Reported Earnings • May 17
First quarter 2024 earnings released: ฿0.007 loss per share (vs ฿0.016 profit in 1Q 2023) First quarter 2024 results: ฿0.007 loss per share (down from ฿0.016 profit in 1Q 2023). Revenue: ฿589.2m (down 24% from 1Q 2023). Net loss: ฿16.3m (down 142% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. New Risk • Mar 24
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 155% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.6x net interest cover). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (฿1.25b market cap, or US$34.5m). Annuncio • Mar 09
Mida Assets Public Company Limited, Annual General Meeting, Apr 26, 2024 Mida Assets Public Company Limited, Annual General Meeting, Apr 26, 2024, at 13:30 SE Asia Standard Time. Location: Mida Assets Public Company Limited, 267 Jaransanitwong Rd, Bangorr, Bangplad, Bangkok Thailand Agenda: To consider and certify the Minutes of the Annual General Meeting of Shareholders 2023; to report the 2023 Annual Report of the Board; to consider and approve the audited financial statements of the Company as of December 31 2023; to consider and approval of no dividend payment for the year 2023; to consider the re-election of retired-by-rotation directors of the Company; to consider the compensation for the Company's directors as of 2024; to consider the appointment of the Company's auditors and their compensation as of 2024; to consider the issuing and offering the debentures and other Debt instruments; and to consider and approve other issues (if any). Reported Earnings • Mar 03
Full year 2023 earnings released: EPS: ฿117 (vs ฿0.089 loss in FY 2022) Full year 2023 results: EPS: ฿117 (up from ฿0.089 loss in FY 2022). Revenue: ฿3.32t (up ฿3.31t from FY 2022). Net income: ฿291.9b (up ฿292.2b from FY 2022). Profit margin: 8.8% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 171% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. New Risk • Jan 30
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.6x net interest cover). Minor Risks Share price has been volatile over the past 3 months (6.3% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (฿1.45b market cap, or US$41.0m). New Risk • Nov 19
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 156% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.6x net interest cover). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (฿1.20b market cap, or US$34.2m). Reported Earnings • Nov 16
Third quarter 2023 earnings released: EPS: ฿0.056 (vs ฿0.025 loss in 3Q 2022) Third quarter 2023 results: EPS: ฿0.056 (up from ฿0.025 loss in 3Q 2022). Revenue: ฿958.4m (up 103% from 3Q 2022). Net income: ฿140.6m (up ฿204.2m from 3Q 2022). Profit margin: 15% (up from net loss in 3Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Annuncio • Oct 07
TSC Corporation Company Limited acquired 99.99% stake in Bangkok Charan Asset Management Co., Ltd. from Mida Assets Public Company Limited (SET:MIDA) for THB 31 million TSC Corporation Company Limited acquired 99.99% stake in Bangkok Charan Asset Management Co., Ltd. from Mida Assets Public Company Limited (SET:MIDA) for THB 31 million on October 5, 2023. Mida intend to use proceed from disposal in interested business as well as use it as working capital. The board of directors of Mida approved the transaction.
TSC Corporation Company Limited completed the acquisition of 99.99% stake in Bangkok Charan Asset Management Co., Ltd. from Mida Assets Public Company Limited (SET:MIDA) on October 5, 2023. New Risk • Aug 17
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 1.7x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.7x net interest cover). Minor Risk Market cap is less than US$100m (฿1.15b market cap, or US$32.4m). Reported Earnings • Aug 17
Second quarter 2023 earnings released: EPS: ฿0.06 (vs ฿0.016 loss in 2Q 2022) Second quarter 2023 results: EPS: ฿0.06 (up from ฿0.016 loss in 2Q 2022). Revenue: ฿918.8m (up 89% from 2Q 2022). Net income: ฿150.7m (up ฿190.6m from 2Q 2022). Profit margin: 16% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 10% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • May 19
First quarter 2023 earnings released: EPS: ฿0.016 (vs ฿0.024 loss in 1Q 2022) First quarter 2023 results: EPS: ฿0.016 (up from ฿0.024 loss in 1Q 2022). Revenue: ฿785.3m (up 58% from 1Q 2022). Net income: ฿39.3m (up ฿99.2m from 1Q 2022). Profit margin: 5.0% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Reported Earnings • Nov 19
Third quarter 2022 earnings released: ฿0.025 loss per share (vs ฿0.024 loss in 3Q 2021) Third quarter 2022 results: ฿0.025 loss per share (further deteriorated from ฿0.024 loss in 3Q 2021). Revenue: ฿484.0m (up 4.4% from 3Q 2021). Net loss: ฿63.6m (loss widened 7.8% from 3Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 6 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director Nuchjarin Roopsom was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Aug 17
Second quarter 2022 earnings released: ฿0.016 loss per share (vs ฿0.034 loss in 2Q 2021) Second quarter 2022 results: ฿0.016 loss per share (up from ฿0.034 loss in 2Q 2021). Revenue: ฿497.2m (up 3.8% from 2Q 2021). Net loss: ฿40.0m (loss narrowed 53% from 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 71 percentage points per year, which is a significant difference in performance. Reported Earnings • May 20
First quarter 2022 earnings released: ฿0.02 loss per share (vs ฿0.026 loss in 1Q 2021) First quarter 2022 results: ฿0.02 loss per share (up from ฿0.026 loss in 1Q 2021). Revenue: ฿508.6m (up 9.0% from 1Q 2021). Net loss: ฿59.9m (loss narrowed 8.0% from 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 90 percentage points per year, which is a significant difference in performance. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 6 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director Nuchjarin Roopsom was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Mar 02
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: ฿0.099 loss per share (down from ฿0.048 loss in FY 2020). Revenue: ฿1.97b (down 13% from FY 2020). Net loss: ฿248.9m (loss widened 107% from FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 106 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 17
Third quarter 2021 earnings released: ฿0.024 loss per share (vs ฿0.014 loss in 3Q 2020) The company reported a poor third quarter result with increased losses, weaker revenues and weaker control over costs. Third quarter 2021 results: Revenue: ฿476.1m (down 20% from 3Q 2020). Net loss: ฿59.0m (loss widened 73% from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 119 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 18
Second quarter 2021 earnings released: ฿0.034 loss per share (vs ฿0.012 loss in 2Q 2020) The company reported a poor second quarter result with increased losses, weaker revenues and weaker control over costs. Second quarter 2021 results: Revenue: ฿505.5m (down 2.0% from 2Q 2020). Net loss: ฿85.0m (loss widened 179% from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 118 percentage points per year, which is a significant difference in performance. Executive Departure • May 28
Accounting Manager has left the company On the 17th of May, Piya Permprayod's tenure as Accounting Manager ended after 1.0 years in the role. We don't have any record of a personal shareholding under Piya's name. Piya is the only executive to leave the company over the last 12 months. Reported Earnings • May 19
First quarter 2021 earnings released: ฿0.026 loss per share (vs ฿0.008 loss in 1Q 2020) The company reported a poor first quarter result with increased losses, weaker revenues and weaker control over costs. First quarter 2021 results: Revenue: ฿477.9m (down 19% from 1Q 2020). Net loss: ฿65.1m (loss widened 216% from 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 123 percentage points per year, which is a significant difference in performance. Reported Earnings • Mar 05
Full year 2020 earnings released: ฿0.05 loss per share (vs ฿0.005 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: ฿2.36b (down 9.3% from FY 2019). Net loss: ฿120.2m (down ฿133.6m from profit in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 100 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Feb 22
New 90-day low: ฿0.44 The company is down 2.0% from its price of ฿0.45 on 24 November 2020. The Thai market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Finance industry, which is up 28% over the same period. Reported Earnings • Nov 18
Third quarter 2020 earnings released: ฿0.014 loss per share The company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: ฿605.9m (down 3.8% from 3Q 2019). Net loss: ฿34.2m (down ฿35.1m from profit in 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 91% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.