View ValuationViserve Enterprise 将来の成長Future 基準チェック /06現在、 Viserve Enterpriseの成長と収益を予測するのに十分なアナリストの調査がありません。主要情報n/a収益成長率n/aEPS成長率Professional Services 収益成長13.4%収益成長率n/a将来の株主資本利益率n/aアナリストカバレッジNone最終更新日n/a今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesReported Earnings • May 19First quarter 2026 earnings released: ฿0.009 loss per share (vs ฿0.037 loss in 1Q 2025)First quarter 2026 results: ฿0.009 loss per share (improved from ฿0.037 loss in 1Q 2025). Revenue: ฿14.2m (up 41% from 1Q 2025). Net loss: ฿2.26m (loss narrowed 75% from 1Q 2025). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 47% per year, which means it is significantly lagging earnings.お知らせ • Mar 14Viserve Enterprise Public Company Limited Appoints Egasith Somboon as an Audit Committee Member and Independent Director, Effective March 13, 2026Viserve Enterprise Public Company Limited at its board of Directors' Meeting no. 2/2026 held on 13 March 2026, resolved to approve the appointment of an Audit Committee member to replace the vacant position. Mr. Egasith Somboon has been appointed as an Audit Committee member and Independent Director in place of Mr. Shinnapan Saengphakyothin. The appointed director shall hold office for the remaining term of the director who resigned. The appointment shall be effective from 13 March 2026 onwards.Reported Earnings • Feb 27Full year 2025 earnings released: ฿0.084 loss per share (vs ฿0.16 loss in FY 2024)Full year 2025 results: ฿0.084 loss per share (improved from ฿0.16 loss in FY 2024). Revenue: ฿49.1m (flat on FY 2024). Net loss: ฿20.9m (loss narrowed 48% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has fallen by 47% per year, which means it is performing significantly worse than earnings.お知らせ • Feb 26Viserve Enterprise Public Company Limited, Annual General Meeting, Apr 27, 2026Viserve Enterprise Public Company Limited, Annual General Meeting, Apr 27, 2026, at 10:30 SE Asia Standard Time.Reported Earnings • Nov 11Third quarter 2025 earnings released: ฿0.012 loss per share (vs ฿0.03 loss in 3Q 2024)Third quarter 2025 results: ฿0.012 loss per share (improved from ฿0.03 loss in 3Q 2024). Revenue: ฿13.2m (up 8.6% from 3Q 2024). Net loss: ฿3.08m (loss narrowed 59% from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has fallen by 52% per year, which means it is performing significantly worse than earnings.お知らせ • Sep 30Viserve Enterprise Public Company Limited Appoints Chinphan Saengphakdiyothin as Director and Independent DirectorViserve Enterprise Public Company Limited at its Extraordinary General Meeting of Shareholders No. 1/2025, held on September 30, 2025, approved the appointment of Mr. Chinphan Saengphakdiyothin as a director and independent director of the Company.New Risk • Aug 09New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -฿38m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. 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 (-฿38m free cash flow). Share price has been highly volatile over the past 3 months (30% average weekly change). Earnings have declined by 46% per year over the past 5 years. Market cap is less than US$10m (฿90.0m market cap, or US$2.78m). Minor Risk Revenue is less than US$5m (฿49m revenue, or US$1.5m).Reported Earnings • Aug 09Second quarter 2025 earnings released: ฿0.023 loss per share (vs ฿0.034 loss in 2Q 2024)Second quarter 2025 results: ฿0.023 loss per share (improved from ฿0.034 loss in 2Q 2024). Revenue: ฿13.2m (up 9.5% from 2Q 2024). Net loss: ฿5.74m (loss narrowed 33% from 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 52% per year, which means it has not declined as severely as earnings.お知らせ • Jul 15Viserve Enterprise Public Company Limited Announces Board and Committee ChangesViserve Enterprise Public Company Limited at its board meeting held on July 15, 2025 appointed Mr. Vorawut Towirat to replace Ms. Chaniporn Piromsopa as a director. His term of office shall be equal to the remaining term of the resigning director and shall be effective from August 1, 2025 onwards. The Board of Directors approved the appointment of the following individuals as Audit Committee members: Mr. Sirirot Rojvoraporn as Director /Chairman of the Audit Committee, replacing Ms. Katenapa Satawornsillapon. His term of office shall be equal to the remaining term of the resigning director and shall be effective from July 15, 2025 onwards. Ms. Thanyaporn Trakarnvichit as Director /Audit Committee Member, replacing Mr. Pat Adireksinsunthorn. His term of office shall be equal to the remaining term of the resigning director and shall be effective from July 15, 2025 onwards. As for the remaining one vacant position in the Audit Committee, due to the resigning director having less than two months left in their term at the time of resignation, the Board is currently in the process of nominating a suitable candidate. The appointment will be proposed to the shareholders' meeting for further consideration and approval.お知らせ • Jul 02+ 2 more updatesViserve Enterprise Public Company Limited Announces Resignation of Katenapha Sataworasilporn as Chairperson of the Board of Directors and Audit Committee Member, Effective July 5, 2025Viserve Enterprise Public Company Limited informed Ms. Katenapha Sataworasilporn, in her capacity as Chairperson of the Board of Directors and Audit Committee Member, has resigned from her positions due to an increasing number of responsibilities, which may prevent her from fully performing her duties. The resignation shall be effective from July 5, 2025 onwards.お知らせ • Jun 30+ 1 more updateViserve Enterprise Public Company Limited Appoints Nattavee Atchariyasombat as Acting Chief Executive Officer, Effective from 30 June 2025Viserve Enterprise Public Company Limited announced the resolutions of the Board of Directors' Meeting No. 6/2025 held on 30 June 2025, The Board of Directors resolved to appoint Ms. Nattavee Atchariyasombat as the Acting Chief Executive Officer, effective from 30 June 2025, until the recruitment and appointment of a new Chief Executive Officer is completed.お知らせ • Jun 20+ 1 more updateViserve Enterprise Public Company Limited Announces Resignation of Bhavin Kunaderekwong as Director, Effective June 19, 2025Viserve Enterprise Public Company Limited announced that Mr. Bhavin Kunaderekwong, a director of the Company and Chief Executive Officer, has resigned from his position due to an extensive workload which may hinder his ability to fully perform his duties and could potentially cause harm to the Company, effective from June 19, 2025.Reported Earnings • May 15First quarter 2025 earnings released: ฿0.037 loss per share (vs ฿0.042 loss in 1Q 2024)First quarter 2025 results: ฿0.037 loss per share (improved from ฿0.042 loss in 1Q 2024). Revenue: ฿10.1m (down 9.9% from 1Q 2024). Net loss: ฿9.20m (loss narrowed 13% from 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 23 percentage points per year, which is a significant difference in performance.お知らせ • Apr 24+ 1 more updateViserve Enterprise Public Company Limited has withdrawn its Follow-on Equity Offering in the amount of THB 100 million.Viserve Enterprise Public Company Limited has withdrawn its Follow-on Equity Offering in the amount of THB 100 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 250,000,000 Price\Range: THB 0.4 Transaction Features: Rights Offeringお知らせ • Mar 15Viserve Enterprise Public Company Limited, Annual General Meeting, Apr 23, 2025Viserve Enterprise Public Company Limited, Annual General Meeting, Apr 23, 2025, at 13:00 SE Asia Standard Time. Location: with the emergency decree on meetings via -, ThailandReported Earnings • Feb 23Full year 2024 earnings released: ฿0.16 loss per share (vs ฿0.47 loss in FY 2023)Full year 2024 results: ฿0.16 loss per share (improved from ฿0.47 loss in FY 2023). Revenue: ฿49.0m (down 66% from FY 2023). Net loss: ฿40.5m (loss narrowed 66% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 43 percentage points per year, which is a significant difference in performance.お知らせ • Feb 22+ 1 more updateViserve Enterprise Public Company Limited to Report Fiscal Year 2024 Results on Feb 21, 2025Viserve Enterprise Public Company Limited announced that they will report fiscal year 2024 results at 4:45 PM, SE Asia Standard Time on Feb 21, 2025お知らせ • Feb 12Viserve Enterprise Public Company Limited Announces Resignation of Nagorn Phakdeekamolsuk as DirectorViserve Enterprise Public Company Limited informed that Mr. Nagorn Phakdeekamolsuk, a director of the Company, has resigned from his position due to health issues, effective from February 10, 2025.お知らせ • Sep 27Global Service Center Public Company Limited Announces Resignation of Charoenchai Tulyagijja, Chief Information Technology Officer (CTO), Effective from October 1, 2024Global Service Center Public Company Limited informed that Mr. Charoenchai Tulyagijja, Chief Information Technology Officer, has resigned from his position due to health reasons. His resignation will be effective from October 1, 2024.Reported Earnings • Aug 15Second quarter 2024 earnings released: ฿0.034 loss per share (vs ฿0.026 profit in 2Q 2023)Second quarter 2024 results: ฿0.034 loss per share (down from ฿0.026 profit in 2Q 2023). Revenue: ฿12.0m (down 64% from 2Q 2023). Net loss: ฿8.51m (down 233% from profit in 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 59 percentage points per year, which is a significant difference in performance.お知らせ • Jun 28Global Service Center Public Company Limited Appoints Chaniporn Piromsopa as Chief Financial OfficerGlobal Service Center Public Company Limited announced the appointment of Miss Chaniporn Piromsopa as Chief Financial Officer. Effective Date of Appointment is on 28 June 2024.お知らせ • Jun 08Global Service Center Public Company Limited Announces Resignation of Thanaphon Banlue as Chief Financial OfficerGlobal Service Center Public Company Limited announced Resignation of Thanaphon Banlue as Chief Financial Officer. Effective Date of Termination: 5 June, 2024.Reported Earnings • May 15First quarter 2024 earnings released: ฿0.042 loss per share (vs ฿0.029 profit in 1Q 2023)First quarter 2024 results: ฿0.042 loss per share (down from ฿0.029 profit in 1Q 2023). Revenue: ฿11.2m (down 69% from 1Q 2023). Net loss: ฿10.5m (down 244% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.New Risk • Mar 02New major risk - Revenue and earnings growthEarnings have declined by 25% 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 Share price has been highly volatile over the past 3 months (14% average weekly change). Earnings have declined by 25% per year over the past 5 years. Minor Risks Revenue is less than US$5m (฿142m revenue, or US$4.0m). Market cap is less than US$100m (฿410.0m market cap, or US$11.4m).Reported Earnings • Mar 02Full year 2023 earnings released: ฿0.47 loss per share (vs ฿0.062 profit in FY 2022)Full year 2023 results: ฿0.47 loss per share (down from ฿0.062 profit in FY 2022). Revenue: ฿141.9m (up 23% from FY 2022). Net loss: ฿117.7m (down ฿133.2m from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Mar 02Global Service Center Public Company Limited, Annual General Meeting, Apr 29, 2024Global Service Center Public Company Limited, Annual General Meeting, Apr 29, 2024, at 10:00 SE Asia Standard Time. Location: Room Global Service Center Public Company limited 2991/14-15 Visuthanee, Ladprao Road,Klongchan Bangkapi Bangkok Thailand Agenda: To certify the minutes of the Extraordinary General Meeting of Shareholders of the Company No. 1/2024; to consider and acknowledge the Company's operating results for the year 2023; to consider and approve the consolidated financial statements for the year ended 31 December 2023; to consider and approve the omission of the allocation of the annual net profit as a legal reserve, and the omission of the dividend payment from the net profits of the operating results of the year 2023; to consider and approve the appointment of directors replacing those who retire by rotation; to consider and approve the determination of the director's remuneration for the year 2024; to consider and approve the appointment of the auditor, and their remuneration for the year 2024; and to transact other business.Buy Or Sell Opportunity • Feb 16Now 33% undervaluedOver the last 90 days, the stock has risen 14% to ฿1.51. The fair value is estimated to be ฿2.24, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Meanwhile, the company has become profitable.New Risk • Nov 20New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 70% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.8% average weekly change). High level of non-cash earnings (70% accrual ratio). Market cap is less than US$10m (฿332.5m market cap, or US$9.47m). Minor Risk Revenue is less than US$5m (฿160m revenue, or US$4.6m).お知らせ • Nov 15+ 2 more updatesGlobal Service Center Public Company Limited Approves Executive ChangesGlobal Service Center Public Company Limited Approved the appointment of Ms. Pankamon Phadungsittitchoke to the position. Company Secretary in place of Ms. Natthaphon Kongkiatpreeda Effective from 13 November 2023 onwards.New Risk • Nov 14New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 59% 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 Risks Share price has been highly volatile over the past 3 months (9.6% average weekly change). Market cap is less than US$10m (฿312.5m market cap, or US$8.69m). Minor Risks Large one-off items impacting financial results. Revenue is less than US$5m (฿160m revenue, or US$4.5m).Reported Earnings • Nov 14Third quarter 2023 earnings released: EPS: ฿0.12 (vs ฿0.054 in 3Q 2022)Third quarter 2023 results: EPS: ฿0.12 (up from ฿0.054 in 3Q 2022). Revenue: ฿56.2m (up 59% from 3Q 2022). Net income: ฿30.9m (up 131% from 3Q 2022). Profit margin: 55% (up from 38% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.お知らせ • Oct 06Global Service Center Public Company Limited Announces Resignation of Mrs. Ubonwan Hatthakitkoson from the Position of Company DirectorGlobal Service Center Public Company Limited announced the resignation of Mrs. Ubonwan Hatthakitkoson from the position of Company Director. and executive committee but still holds the position Chief Operating Officer Effective from October 5, 2023 onwards.New Risk • Oct 05New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Thai stocks, typically moving 8.4% 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 Share price has been highly volatile over the past 3 months (8.4% average weekly change). Earnings have declined by 16% per year over the past 5 years. Market cap is less than US$10m (฿295.0m market cap, or US$7.99m). Minor Risk Revenue is less than US$5m (฿140m revenue, or US$3.8m).Valuation Update With 7 Day Price Move • Oct 02Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to ฿1.18, the stock trades at a trailing P/E ratio of 10.9x. Average trailing P/E is 21x in the Professional Services industry in Thailand. Total loss to shareholders of 19% over the past three years.お知らせ • Sep 28Global Service Center Public Company Limited Announces Resignation of Nanchaoon Kiatwutthitrakun as Chief Financial OfficerGlobal Service Center Public Company Limited announced Resignation of Nanchaoon Kiatwutthitrakun as CFO. Effective Date of Termination 25-September-2023.お知らせ • Sep 25Global Service Center Public Company Limited Appoints Santi Srisermphoak as Chairman of the Board of DirectorsGlobal Service Center Public Company Limited announced that the board of directors meeting of the company No. 5/2023 held on September 23, 2023 passed important resolutions as follows: Appointment of directors to replace the resigned director: Air Vice-Marshal. Dr. Santi Srisermphoak was appointed as the company's director, a replacement of Mr. Chalermpong Mahavanidvong which is effective from 23 September 2023 onwards. The term is equal to the remaining term of the resigned director. The appointment of new Chairman of the Board of Directors to replace the Chairman of the Board of Directors: Air Vice-Marshal. Dr. Santi Srisermphoak was appointed as the Chairman of the Board of Directors a replacement of Mr. Chalermpong Mahavanidvong which is effective from 23 September 2023 onwards. The change of directors authorized to sign to bind the company: Air Vice-Marshal. Dr. Santi Srisermphoak or Mrs. Ubolvan Hatthakitkosol cosigns with Mr. Apirak Wattanapinya or Miss Chayanee Sangthongwiset" (Two of these four directors jointly sign and affix the Company's seal).お知らせ • Sep 01Global Service Center Public Company Limited Announces Resignation of Chalermpong Mahavanidvong from the Position of Director and Chairman, Effect from September 1, 2023Global Service Center Public Company Limited would like to notify the resignation of Mr.Chalermpong Mahavanidvong from the position of Director and Chairman with effect from September 1, 2023 onwards.Reported Earnings • Aug 16Second quarter 2023 earnings released: EPS: ฿0.026 (vs ฿0.012 in 2Q 2022)Second quarter 2023 results: EPS: ฿0.026 (up from ฿0.012 in 2Q 2022). Revenue: ฿33.2m (up 27% from 2Q 2022). Net income: ฿6.41m (up 120% from 2Q 2022). Profit margin: 19% (up from 11% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 19First quarter 2023 earnings released: EPS: ฿0.029 (vs ฿0.003 loss in 1Q 2022)First quarter 2023 results: EPS: ฿0.029 (up from ฿0.003 loss in 1Q 2022). Revenue: ฿35.7m (up 94% from 1Q 2022). Net income: ฿7.31m (up ฿8.08m from 1Q 2022). Profit margin: 21% (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 increased by 42% per year whereas the company’s share price has increased by 47% per year.お知らせ • May 17Global Service Center Public Company Limited Announces Executive AppointmentsGlobal Service Center Public Company Limited at the Board of Directors Meeting meeting held on May 12, 2023 passed important resolutions as follows: Miss Chayanee Sangthongwiset was appointed as the Company's director, a replacement of Mr. Nawat Tangtung which is effective from 12 May 2023 onwards; Mrs. Ubolvan Hatthakitkosol was appointed as the Company's director, a replacement of Mr. Chattaphum Khantiviriya which is effective from 12 May 2023 onwards; and approved to appoint Miss Nattapond Kongkreatpreeda to be Corporate Secretary instead of Mr. Jaktarn Mathaveechotikul, effective from 12 May 2023 onwards.お知らせ • May 05Global Service Center Public Company Limited Notifies the Resignation of Chattaphum Khantiviriya from the Position of DirectorGlobal Service Center Public Company Limited notified the resignation of Mr. Chattaphum Khantiviriya from the position of Director with effect from May 1, 2023 onwards. The Company will nominate and appoint a qualified person to replace Mr. Chattaphum Khantiviriya and will notify the Stock Exchange of Thailand accordingly. Please be informed accordingly.Valuation Update With 7 Day Price Move • Feb 22Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ฿2.20, the stock trades at a trailing P/E ratio of 53.2x. Average trailing P/E is 23x in the Commercial Services industry in Thailand. Total returns to shareholders of 224% over the past three years.Valuation Update With 7 Day Price Move • Jan 17Investor sentiment improved over the past weekAfter last week's 15% share price gain to ฿1.82, the stock trades at a trailing P/E ratio of 44x. Average trailing P/E is 27x in the Commercial Services industry in Thailand. Total returns to shareholders of 149% over the past three years.Reported Earnings • Nov 19Third quarter 2022 earnings released: EPS: ฿0.054 (vs ฿0.004 in 3Q 2021)Third quarter 2022 results: EPS: ฿0.054 (up from ฿0.004 in 3Q 2021). Revenue: ฿35.3m (up 20% from 3Q 2021). Net income: ฿13.4m (up ฿12.4m from 3Q 2021). Profit margin: 38% (up from 3.4% in 3Q 2021). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has increased by 63% per year, which means it is well ahead of earnings.Board Change • Nov 16Less than half of directors are independentThere are 9 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 9 new directors. 2 experienced directors. No highly experienced directors. 2 independent directors (9 non-independent directors). Executive Director Manoonrat Lertkomolsuk is the most experienced director on the board, commencing their role in 2021. Independent Director Suchet Sundaravej was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.Reported Earnings • Aug 16Second quarter 2022 earnings released: EPS: ฿0.012 (vs ฿0.024 loss in 2Q 2021)Second quarter 2022 results: EPS: ฿0.012 (up from ฿0.024 loss in 2Q 2021). Revenue: ฿26.2m (up 32% from 2Q 2021). Net income: ฿2.92m (up ฿9.03m from 2Q 2021). Profit margin: 11% (up from net loss in 2Q 2021). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 150 percentage points per year, which is a significant difference in performance.Reported Earnings • May 19First quarter 2022 earnings released: ฿0.003 loss per share (vs ฿0.021 loss in 1Q 2021)First quarter 2022 results: ฿0.003 loss per share (up from ฿0.021 loss in 1Q 2021). Revenue: ฿18.4m (down 15% from 1Q 2021). Net loss: ฿770.2k (loss narrowed 86% from 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 154 percentage points per year, which is a significant difference in performance.Board Change • Apr 27Less than half of directors are independentThere are 8 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 8 new directors. 1 experienced director. No highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Phiphat Nonthanathorn is the most experienced director on the board, commencing their role in 2020. Independent Director Suchet Sundaravej was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.Reported Earnings • Feb 27Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: ฿0.063 loss per share (down from ฿0.032 loss in FY 2020). Revenue: ฿88.0m (down 14% from FY 2020). Net loss: ฿15.6m (loss widened 94% from FY 2020). Revenue was in line with analyst estimates.Executive Departure • Dec 02Independent Director Somchai Sangchompoopen has left the companyOn the 30th of November, Somchai Sangchompoopen's tenure as Independent Director ended after 1.2 years in the role. We don't have any record of a personal shareholding under Somchai's name. A total of 5 executives have left over the last 12 months.Executive Departure • Dec 02Independent Director Dej-Udom Krairit has left the companyOn the 30th of November, Dej-Udom Krairit's tenure as Independent Director ended after 1.3 years in the role. We don't have any record of a personal shareholding under Dej-Udom's name. A total of 5 executives have left over the last 12 months.Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS ฿0.004 (vs ฿0.019 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ฿30.6m (up 46% from 3Q 2020). Net income: ฿985.0k (up ฿5.61m from 3Q 2020). Profit margin: 3.2% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue.Executive Departure • Sep 29Director Vichien Uasanguankul has left the companyOn the 17th of September, Vichien Uasanguankul's tenure as Director ended after less than a year in the role. We don't have any record of a personal shareholding under Vichien's name. A total of 3 executives have left over the last 12 months.Reported Earnings • Aug 13Second quarter 2021 earnings released: ฿0.024 loss per share (vs ฿0.003 profit in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2021 results: Revenue: ฿19.9m (down 32% from 2Q 2020). Net loss: ฿6.12m (down ฿6.88m from profit in 2Q 2020).Reported Earnings • May 17First quarter 2021 earnings released: ฿0.021 loss per share (vs ฿0.002 profit in 1Q 2020)The company reported a poor first quarter result with weaker earnings, revenues and control over costs. First quarter 2021 results: Revenue: ฿21.6m (down 31% from 1Q 2020). Net loss: ฿5.30m (down ฿5.78m from profit in 1Q 2020).Executive Departure • Mar 26Director has left the companyOn the 24th of March, Jakaphan Asakan's tenure as Director ended after less than a year in the role. We don't have any record of a personal shareholding under Jakaphan's name. A total of 9 executives have left over the last 12 months.Executive Departure • Mar 26Director has left the companyOn the 24th of March, Ladda Tiyasuksawat's tenure as Director ended after less than a year in the role. We don't have any record of a personal shareholding under Ladda's name. A total of 9 executives have left over the last 12 months.Reported Earnings • Feb 28Full year 2020 earnings released: ฿0.032 loss per share (vs ฿0.053 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: ฿102.4m (down 28% from FY 2019). Net loss: ฿8.07m (down 166% from profit in FY 2019).Is New 90 Day High Low • Feb 02New 90-day low: ฿1.05The company is down 12% from its price of ฿1.20 on 04 November 2020. The Thai market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Commercial Services industry, which is up 25% over the same period.Is New 90 Day High Low • Jan 13New 90-day low: ฿1.08The company is down 18% from its price of ฿1.31 on 15 October 2020. The Thai market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Commercial Services industry, which is up 5.0% over the same period.Reported Earnings • Nov 12Third quarter 2020 earnings released: ฿0.019 loss per shareThe company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: ฿21.0m (down 43% from 3Q 2019). Net loss: ฿4.63m (down 287% from profit in 3Q 2019).Is New 90 Day High Low • Nov 10New 90-day low: ฿1.10The company is down 18% from its price of ฿1.34 on 11 August 2020. The Thai market is down 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Commercial Services industry, which is down 6.0% over the same period.Is New 90 Day High Low • Sep 29New 90-day high: ฿1.51The company is up 91% from its price of ฿0.79 on 01 July 2020. The Thai market is down 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Commercial Services industry, which is up 26% over the same period. このセクションでは通常、投資家が会社の利益創出能力を理解する一助となるよう、プロのアナリストのコンセンサス予想に基づく収益と利益の成長予測を提示する。しかし、Viserve Enterprise は十分な過去のデータを提供しておらず、アナリストの予測もないため、過去のデータを外挿したり、アナリストの予測を使用しても、その将来の収益を確実に算出することはできません。 シンプリー・ウォール・ストリートがカバーする企業の97%は過去の財務データを持っているため、これはかなり稀な状況です。 業績と収益の成長予測SET:VS - アナリストの将来予測と過去の財務データ ( )THB Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数3/31/202653-14-4-3N/A12/31/202549-21-13-13N/A9/30/202550-32-22-16N/A6/30/202549-36-38-25N/A3/31/202548-39-48-27N/A12/31/202449-41-47-23N/A9/30/202452-129-39-19N/A6/30/202496-150-118-6N/A3/31/2024117-136-9412N/A12/31/2023142-118-6835N/A9/30/2023160-15-4953N/A6/30/2023140273740N/A3/31/2023133243740N/A12/31/2022115151820N/A9/30/202297101214N/A6/30/202291-2810N/A3/31/202285-11-5-5N/A12/31/202188-1622N/A9/30/202191-15-28-27N/A6/30/202183-21-6-4N/A3/31/202193-14-22-4N/A12/31/2020102-8-28-10N/A9/30/2020113-3-152N/A6/30/20201294-24-6N/A3/31/20201369710N/A12/31/201914312N/A10N/A9/30/201915117N/A24N/A6/30/201915219N/A40N/A3/31/201915315N/A29N/A12/31/201815414N/A27N/A9/30/201815618N/A28N/A6/30/201815621N/A21N/A3/31/201815626N/A20N/A12/31/201715226N/A28N/A9/30/201714726N/A29N/A6/30/201714729N/A21N/A3/31/201714328N/A21N/A12/31/201613525N/A14N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: VSの予測収益成長が 貯蓄率 ( 2.2% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: VSの収益がTH市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: VSの収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: VSの収益がTH市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。高い収益成長: VSの収益が年間20%よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。一株当たり利益成長率予想将来の株主資本利益率将来のROE: VSの 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YCommercial-services 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/21 15:06終値2026/05/21 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Viserve Enterprise Public Company Limited 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
Reported Earnings • May 19First quarter 2026 earnings released: ฿0.009 loss per share (vs ฿0.037 loss in 1Q 2025)First quarter 2026 results: ฿0.009 loss per share (improved from ฿0.037 loss in 1Q 2025). Revenue: ฿14.2m (up 41% from 1Q 2025). Net loss: ฿2.26m (loss narrowed 75% from 1Q 2025). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 47% per year, which means it is significantly lagging earnings.
お知らせ • Mar 14Viserve Enterprise Public Company Limited Appoints Egasith Somboon as an Audit Committee Member and Independent Director, Effective March 13, 2026Viserve Enterprise Public Company Limited at its board of Directors' Meeting no. 2/2026 held on 13 March 2026, resolved to approve the appointment of an Audit Committee member to replace the vacant position. Mr. Egasith Somboon has been appointed as an Audit Committee member and Independent Director in place of Mr. Shinnapan Saengphakyothin. The appointed director shall hold office for the remaining term of the director who resigned. The appointment shall be effective from 13 March 2026 onwards.
Reported Earnings • Feb 27Full year 2025 earnings released: ฿0.084 loss per share (vs ฿0.16 loss in FY 2024)Full year 2025 results: ฿0.084 loss per share (improved from ฿0.16 loss in FY 2024). Revenue: ฿49.1m (flat on FY 2024). Net loss: ฿20.9m (loss narrowed 48% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has fallen by 47% per year, which means it is performing significantly worse than earnings.
お知らせ • Feb 26Viserve Enterprise Public Company Limited, Annual General Meeting, Apr 27, 2026Viserve Enterprise Public Company Limited, Annual General Meeting, Apr 27, 2026, at 10:30 SE Asia Standard Time.
Reported Earnings • Nov 11Third quarter 2025 earnings released: ฿0.012 loss per share (vs ฿0.03 loss in 3Q 2024)Third quarter 2025 results: ฿0.012 loss per share (improved from ฿0.03 loss in 3Q 2024). Revenue: ฿13.2m (up 8.6% from 3Q 2024). Net loss: ฿3.08m (loss narrowed 59% from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has fallen by 52% per year, which means it is performing significantly worse than earnings.
お知らせ • Sep 30Viserve Enterprise Public Company Limited Appoints Chinphan Saengphakdiyothin as Director and Independent DirectorViserve Enterprise Public Company Limited at its Extraordinary General Meeting of Shareholders No. 1/2025, held on September 30, 2025, approved the appointment of Mr. Chinphan Saengphakdiyothin as a director and independent director of the Company.
New Risk • Aug 09New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -฿38m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. 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 (-฿38m free cash flow). Share price has been highly volatile over the past 3 months (30% average weekly change). Earnings have declined by 46% per year over the past 5 years. Market cap is less than US$10m (฿90.0m market cap, or US$2.78m). Minor Risk Revenue is less than US$5m (฿49m revenue, or US$1.5m).
Reported Earnings • Aug 09Second quarter 2025 earnings released: ฿0.023 loss per share (vs ฿0.034 loss in 2Q 2024)Second quarter 2025 results: ฿0.023 loss per share (improved from ฿0.034 loss in 2Q 2024). Revenue: ฿13.2m (up 9.5% from 2Q 2024). Net loss: ฿5.74m (loss narrowed 33% from 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 52% per year, which means it has not declined as severely as earnings.
お知らせ • Jul 15Viserve Enterprise Public Company Limited Announces Board and Committee ChangesViserve Enterprise Public Company Limited at its board meeting held on July 15, 2025 appointed Mr. Vorawut Towirat to replace Ms. Chaniporn Piromsopa as a director. His term of office shall be equal to the remaining term of the resigning director and shall be effective from August 1, 2025 onwards. The Board of Directors approved the appointment of the following individuals as Audit Committee members: Mr. Sirirot Rojvoraporn as Director /Chairman of the Audit Committee, replacing Ms. Katenapa Satawornsillapon. His term of office shall be equal to the remaining term of the resigning director and shall be effective from July 15, 2025 onwards. Ms. Thanyaporn Trakarnvichit as Director /Audit Committee Member, replacing Mr. Pat Adireksinsunthorn. His term of office shall be equal to the remaining term of the resigning director and shall be effective from July 15, 2025 onwards. As for the remaining one vacant position in the Audit Committee, due to the resigning director having less than two months left in their term at the time of resignation, the Board is currently in the process of nominating a suitable candidate. The appointment will be proposed to the shareholders' meeting for further consideration and approval.
お知らせ • Jul 02+ 2 more updatesViserve Enterprise Public Company Limited Announces Resignation of Katenapha Sataworasilporn as Chairperson of the Board of Directors and Audit Committee Member, Effective July 5, 2025Viserve Enterprise Public Company Limited informed Ms. Katenapha Sataworasilporn, in her capacity as Chairperson of the Board of Directors and Audit Committee Member, has resigned from her positions due to an increasing number of responsibilities, which may prevent her from fully performing her duties. The resignation shall be effective from July 5, 2025 onwards.
お知らせ • Jun 30+ 1 more updateViserve Enterprise Public Company Limited Appoints Nattavee Atchariyasombat as Acting Chief Executive Officer, Effective from 30 June 2025Viserve Enterprise Public Company Limited announced the resolutions of the Board of Directors' Meeting No. 6/2025 held on 30 June 2025, The Board of Directors resolved to appoint Ms. Nattavee Atchariyasombat as the Acting Chief Executive Officer, effective from 30 June 2025, until the recruitment and appointment of a new Chief Executive Officer is completed.
お知らせ • Jun 20+ 1 more updateViserve Enterprise Public Company Limited Announces Resignation of Bhavin Kunaderekwong as Director, Effective June 19, 2025Viserve Enterprise Public Company Limited announced that Mr. Bhavin Kunaderekwong, a director of the Company and Chief Executive Officer, has resigned from his position due to an extensive workload which may hinder his ability to fully perform his duties and could potentially cause harm to the Company, effective from June 19, 2025.
Reported Earnings • May 15First quarter 2025 earnings released: ฿0.037 loss per share (vs ฿0.042 loss in 1Q 2024)First quarter 2025 results: ฿0.037 loss per share (improved from ฿0.042 loss in 1Q 2024). Revenue: ฿10.1m (down 9.9% from 1Q 2024). Net loss: ฿9.20m (loss narrowed 13% from 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 23 percentage points per year, which is a significant difference in performance.
お知らせ • Apr 24+ 1 more updateViserve Enterprise Public Company Limited has withdrawn its Follow-on Equity Offering in the amount of THB 100 million.Viserve Enterprise Public Company Limited has withdrawn its Follow-on Equity Offering in the amount of THB 100 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 250,000,000 Price\Range: THB 0.4 Transaction Features: Rights Offering
お知らせ • Mar 15Viserve Enterprise Public Company Limited, Annual General Meeting, Apr 23, 2025Viserve Enterprise Public Company Limited, Annual General Meeting, Apr 23, 2025, at 13:00 SE Asia Standard Time. Location: with the emergency decree on meetings via -, Thailand
Reported Earnings • Feb 23Full year 2024 earnings released: ฿0.16 loss per share (vs ฿0.47 loss in FY 2023)Full year 2024 results: ฿0.16 loss per share (improved from ฿0.47 loss in FY 2023). Revenue: ฿49.0m (down 66% from FY 2023). Net loss: ฿40.5m (loss narrowed 66% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 43 percentage points per year, which is a significant difference in performance.
お知らせ • Feb 22+ 1 more updateViserve Enterprise Public Company Limited to Report Fiscal Year 2024 Results on Feb 21, 2025Viserve Enterprise Public Company Limited announced that they will report fiscal year 2024 results at 4:45 PM, SE Asia Standard Time on Feb 21, 2025
お知らせ • Feb 12Viserve Enterprise Public Company Limited Announces Resignation of Nagorn Phakdeekamolsuk as DirectorViserve Enterprise Public Company Limited informed that Mr. Nagorn Phakdeekamolsuk, a director of the Company, has resigned from his position due to health issues, effective from February 10, 2025.
お知らせ • Sep 27Global Service Center Public Company Limited Announces Resignation of Charoenchai Tulyagijja, Chief Information Technology Officer (CTO), Effective from October 1, 2024Global Service Center Public Company Limited informed that Mr. Charoenchai Tulyagijja, Chief Information Technology Officer, has resigned from his position due to health reasons. His resignation will be effective from October 1, 2024.
Reported Earnings • Aug 15Second quarter 2024 earnings released: ฿0.034 loss per share (vs ฿0.026 profit in 2Q 2023)Second quarter 2024 results: ฿0.034 loss per share (down from ฿0.026 profit in 2Q 2023). Revenue: ฿12.0m (down 64% from 2Q 2023). Net loss: ฿8.51m (down 233% from profit in 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 59 percentage points per year, which is a significant difference in performance.
お知らせ • Jun 28Global Service Center Public Company Limited Appoints Chaniporn Piromsopa as Chief Financial OfficerGlobal Service Center Public Company Limited announced the appointment of Miss Chaniporn Piromsopa as Chief Financial Officer. Effective Date of Appointment is on 28 June 2024.
お知らせ • Jun 08Global Service Center Public Company Limited Announces Resignation of Thanaphon Banlue as Chief Financial OfficerGlobal Service Center Public Company Limited announced Resignation of Thanaphon Banlue as Chief Financial Officer. Effective Date of Termination: 5 June, 2024.
Reported Earnings • May 15First quarter 2024 earnings released: ฿0.042 loss per share (vs ฿0.029 profit in 1Q 2023)First quarter 2024 results: ฿0.042 loss per share (down from ฿0.029 profit in 1Q 2023). Revenue: ฿11.2m (down 69% from 1Q 2023). Net loss: ฿10.5m (down 244% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
New Risk • Mar 02New major risk - Revenue and earnings growthEarnings have declined by 25% 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 Share price has been highly volatile over the past 3 months (14% average weekly change). Earnings have declined by 25% per year over the past 5 years. Minor Risks Revenue is less than US$5m (฿142m revenue, or US$4.0m). Market cap is less than US$100m (฿410.0m market cap, or US$11.4m).
Reported Earnings • Mar 02Full year 2023 earnings released: ฿0.47 loss per share (vs ฿0.062 profit in FY 2022)Full year 2023 results: ฿0.47 loss per share (down from ฿0.062 profit in FY 2022). Revenue: ฿141.9m (up 23% from FY 2022). Net loss: ฿117.7m (down ฿133.2m from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Mar 02Global Service Center Public Company Limited, Annual General Meeting, Apr 29, 2024Global Service Center Public Company Limited, Annual General Meeting, Apr 29, 2024, at 10:00 SE Asia Standard Time. Location: Room Global Service Center Public Company limited 2991/14-15 Visuthanee, Ladprao Road,Klongchan Bangkapi Bangkok Thailand Agenda: To certify the minutes of the Extraordinary General Meeting of Shareholders of the Company No. 1/2024; to consider and acknowledge the Company's operating results for the year 2023; to consider and approve the consolidated financial statements for the year ended 31 December 2023; to consider and approve the omission of the allocation of the annual net profit as a legal reserve, and the omission of the dividend payment from the net profits of the operating results of the year 2023; to consider and approve the appointment of directors replacing those who retire by rotation; to consider and approve the determination of the director's remuneration for the year 2024; to consider and approve the appointment of the auditor, and their remuneration for the year 2024; and to transact other business.
Buy Or Sell Opportunity • Feb 16Now 33% undervaluedOver the last 90 days, the stock has risen 14% to ฿1.51. The fair value is estimated to be ฿2.24, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Meanwhile, the company has become profitable.
New Risk • Nov 20New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 70% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.8% average weekly change). High level of non-cash earnings (70% accrual ratio). Market cap is less than US$10m (฿332.5m market cap, or US$9.47m). Minor Risk Revenue is less than US$5m (฿160m revenue, or US$4.6m).
お知らせ • Nov 15+ 2 more updatesGlobal Service Center Public Company Limited Approves Executive ChangesGlobal Service Center Public Company Limited Approved the appointment of Ms. Pankamon Phadungsittitchoke to the position. Company Secretary in place of Ms. Natthaphon Kongkiatpreeda Effective from 13 November 2023 onwards.
New Risk • Nov 14New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 59% 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 Risks Share price has been highly volatile over the past 3 months (9.6% average weekly change). Market cap is less than US$10m (฿312.5m market cap, or US$8.69m). Minor Risks Large one-off items impacting financial results. Revenue is less than US$5m (฿160m revenue, or US$4.5m).
Reported Earnings • Nov 14Third quarter 2023 earnings released: EPS: ฿0.12 (vs ฿0.054 in 3Q 2022)Third quarter 2023 results: EPS: ฿0.12 (up from ฿0.054 in 3Q 2022). Revenue: ฿56.2m (up 59% from 3Q 2022). Net income: ฿30.9m (up 131% from 3Q 2022). Profit margin: 55% (up from 38% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
お知らせ • Oct 06Global Service Center Public Company Limited Announces Resignation of Mrs. Ubonwan Hatthakitkoson from the Position of Company DirectorGlobal Service Center Public Company Limited announced the resignation of Mrs. Ubonwan Hatthakitkoson from the position of Company Director. and executive committee but still holds the position Chief Operating Officer Effective from October 5, 2023 onwards.
New Risk • Oct 05New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Thai stocks, typically moving 8.4% 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 Share price has been highly volatile over the past 3 months (8.4% average weekly change). Earnings have declined by 16% per year over the past 5 years. Market cap is less than US$10m (฿295.0m market cap, or US$7.99m). Minor Risk Revenue is less than US$5m (฿140m revenue, or US$3.8m).
Valuation Update With 7 Day Price Move • Oct 02Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to ฿1.18, the stock trades at a trailing P/E ratio of 10.9x. Average trailing P/E is 21x in the Professional Services industry in Thailand. Total loss to shareholders of 19% over the past three years.
お知らせ • Sep 28Global Service Center Public Company Limited Announces Resignation of Nanchaoon Kiatwutthitrakun as Chief Financial OfficerGlobal Service Center Public Company Limited announced Resignation of Nanchaoon Kiatwutthitrakun as CFO. Effective Date of Termination 25-September-2023.
お知らせ • Sep 25Global Service Center Public Company Limited Appoints Santi Srisermphoak as Chairman of the Board of DirectorsGlobal Service Center Public Company Limited announced that the board of directors meeting of the company No. 5/2023 held on September 23, 2023 passed important resolutions as follows: Appointment of directors to replace the resigned director: Air Vice-Marshal. Dr. Santi Srisermphoak was appointed as the company's director, a replacement of Mr. Chalermpong Mahavanidvong which is effective from 23 September 2023 onwards. The term is equal to the remaining term of the resigned director. The appointment of new Chairman of the Board of Directors to replace the Chairman of the Board of Directors: Air Vice-Marshal. Dr. Santi Srisermphoak was appointed as the Chairman of the Board of Directors a replacement of Mr. Chalermpong Mahavanidvong which is effective from 23 September 2023 onwards. The change of directors authorized to sign to bind the company: Air Vice-Marshal. Dr. Santi Srisermphoak or Mrs. Ubolvan Hatthakitkosol cosigns with Mr. Apirak Wattanapinya or Miss Chayanee Sangthongwiset" (Two of these four directors jointly sign and affix the Company's seal).
お知らせ • Sep 01Global Service Center Public Company Limited Announces Resignation of Chalermpong Mahavanidvong from the Position of Director and Chairman, Effect from September 1, 2023Global Service Center Public Company Limited would like to notify the resignation of Mr.Chalermpong Mahavanidvong from the position of Director and Chairman with effect from September 1, 2023 onwards.
Reported Earnings • Aug 16Second quarter 2023 earnings released: EPS: ฿0.026 (vs ฿0.012 in 2Q 2022)Second quarter 2023 results: EPS: ฿0.026 (up from ฿0.012 in 2Q 2022). Revenue: ฿33.2m (up 27% from 2Q 2022). Net income: ฿6.41m (up 120% from 2Q 2022). Profit margin: 19% (up from 11% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 19First quarter 2023 earnings released: EPS: ฿0.029 (vs ฿0.003 loss in 1Q 2022)First quarter 2023 results: EPS: ฿0.029 (up from ฿0.003 loss in 1Q 2022). Revenue: ฿35.7m (up 94% from 1Q 2022). Net income: ฿7.31m (up ฿8.08m from 1Q 2022). Profit margin: 21% (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 increased by 42% per year whereas the company’s share price has increased by 47% per year.
お知らせ • May 17Global Service Center Public Company Limited Announces Executive AppointmentsGlobal Service Center Public Company Limited at the Board of Directors Meeting meeting held on May 12, 2023 passed important resolutions as follows: Miss Chayanee Sangthongwiset was appointed as the Company's director, a replacement of Mr. Nawat Tangtung which is effective from 12 May 2023 onwards; Mrs. Ubolvan Hatthakitkosol was appointed as the Company's director, a replacement of Mr. Chattaphum Khantiviriya which is effective from 12 May 2023 onwards; and approved to appoint Miss Nattapond Kongkreatpreeda to be Corporate Secretary instead of Mr. Jaktarn Mathaveechotikul, effective from 12 May 2023 onwards.
お知らせ • May 05Global Service Center Public Company Limited Notifies the Resignation of Chattaphum Khantiviriya from the Position of DirectorGlobal Service Center Public Company Limited notified the resignation of Mr. Chattaphum Khantiviriya from the position of Director with effect from May 1, 2023 onwards. The Company will nominate and appoint a qualified person to replace Mr. Chattaphum Khantiviriya and will notify the Stock Exchange of Thailand accordingly. Please be informed accordingly.
Valuation Update With 7 Day Price Move • Feb 22Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ฿2.20, the stock trades at a trailing P/E ratio of 53.2x. Average trailing P/E is 23x in the Commercial Services industry in Thailand. Total returns to shareholders of 224% over the past three years.
Valuation Update With 7 Day Price Move • Jan 17Investor sentiment improved over the past weekAfter last week's 15% share price gain to ฿1.82, the stock trades at a trailing P/E ratio of 44x. Average trailing P/E is 27x in the Commercial Services industry in Thailand. Total returns to shareholders of 149% over the past three years.
Reported Earnings • Nov 19Third quarter 2022 earnings released: EPS: ฿0.054 (vs ฿0.004 in 3Q 2021)Third quarter 2022 results: EPS: ฿0.054 (up from ฿0.004 in 3Q 2021). Revenue: ฿35.3m (up 20% from 3Q 2021). Net income: ฿13.4m (up ฿12.4m from 3Q 2021). Profit margin: 38% (up from 3.4% in 3Q 2021). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has increased by 63% per year, which means it is well ahead of earnings.
Board Change • Nov 16Less than half of directors are independentThere are 9 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 9 new directors. 2 experienced directors. No highly experienced directors. 2 independent directors (9 non-independent directors). Executive Director Manoonrat Lertkomolsuk is the most experienced director on the board, commencing their role in 2021. Independent Director Suchet Sundaravej was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
Reported Earnings • Aug 16Second quarter 2022 earnings released: EPS: ฿0.012 (vs ฿0.024 loss in 2Q 2021)Second quarter 2022 results: EPS: ฿0.012 (up from ฿0.024 loss in 2Q 2021). Revenue: ฿26.2m (up 32% from 2Q 2021). Net income: ฿2.92m (up ฿9.03m from 2Q 2021). Profit margin: 11% (up from net loss in 2Q 2021). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 150 percentage points per year, which is a significant difference in performance.
Reported Earnings • May 19First quarter 2022 earnings released: ฿0.003 loss per share (vs ฿0.021 loss in 1Q 2021)First quarter 2022 results: ฿0.003 loss per share (up from ฿0.021 loss in 1Q 2021). Revenue: ฿18.4m (down 15% from 1Q 2021). Net loss: ฿770.2k (loss narrowed 86% from 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 154 percentage points per year, which is a significant difference in performance.
Board Change • Apr 27Less than half of directors are independentThere are 8 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 8 new directors. 1 experienced director. No highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Phiphat Nonthanathorn is the most experienced director on the board, commencing their role in 2020. Independent Director Suchet Sundaravej was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
Reported Earnings • Feb 27Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: ฿0.063 loss per share (down from ฿0.032 loss in FY 2020). Revenue: ฿88.0m (down 14% from FY 2020). Net loss: ฿15.6m (loss widened 94% from FY 2020). Revenue was in line with analyst estimates.
Executive Departure • Dec 02Independent Director Somchai Sangchompoopen has left the companyOn the 30th of November, Somchai Sangchompoopen's tenure as Independent Director ended after 1.2 years in the role. We don't have any record of a personal shareholding under Somchai's name. A total of 5 executives have left over the last 12 months.
Executive Departure • Dec 02Independent Director Dej-Udom Krairit has left the companyOn the 30th of November, Dej-Udom Krairit's tenure as Independent Director ended after 1.3 years in the role. We don't have any record of a personal shareholding under Dej-Udom's name. A total of 5 executives have left over the last 12 months.
Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS ฿0.004 (vs ฿0.019 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ฿30.6m (up 46% from 3Q 2020). Net income: ฿985.0k (up ฿5.61m from 3Q 2020). Profit margin: 3.2% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue.
Executive Departure • Sep 29Director Vichien Uasanguankul has left the companyOn the 17th of September, Vichien Uasanguankul's tenure as Director ended after less than a year in the role. We don't have any record of a personal shareholding under Vichien's name. A total of 3 executives have left over the last 12 months.
Reported Earnings • Aug 13Second quarter 2021 earnings released: ฿0.024 loss per share (vs ฿0.003 profit in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2021 results: Revenue: ฿19.9m (down 32% from 2Q 2020). Net loss: ฿6.12m (down ฿6.88m from profit in 2Q 2020).
Reported Earnings • May 17First quarter 2021 earnings released: ฿0.021 loss per share (vs ฿0.002 profit in 1Q 2020)The company reported a poor first quarter result with weaker earnings, revenues and control over costs. First quarter 2021 results: Revenue: ฿21.6m (down 31% from 1Q 2020). Net loss: ฿5.30m (down ฿5.78m from profit in 1Q 2020).
Executive Departure • Mar 26Director has left the companyOn the 24th of March, Jakaphan Asakan's tenure as Director ended after less than a year in the role. We don't have any record of a personal shareholding under Jakaphan's name. A total of 9 executives have left over the last 12 months.
Executive Departure • Mar 26Director has left the companyOn the 24th of March, Ladda Tiyasuksawat's tenure as Director ended after less than a year in the role. We don't have any record of a personal shareholding under Ladda's name. A total of 9 executives have left over the last 12 months.
Reported Earnings • Feb 28Full year 2020 earnings released: ฿0.032 loss per share (vs ฿0.053 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: ฿102.4m (down 28% from FY 2019). Net loss: ฿8.07m (down 166% from profit in FY 2019).
Is New 90 Day High Low • Feb 02New 90-day low: ฿1.05The company is down 12% from its price of ฿1.20 on 04 November 2020. The Thai market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Commercial Services industry, which is up 25% over the same period.
Is New 90 Day High Low • Jan 13New 90-day low: ฿1.08The company is down 18% from its price of ฿1.31 on 15 October 2020. The Thai market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Commercial Services industry, which is up 5.0% over the same period.
Reported Earnings • Nov 12Third quarter 2020 earnings released: ฿0.019 loss per shareThe company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: ฿21.0m (down 43% from 3Q 2019). Net loss: ฿4.63m (down 287% from profit in 3Q 2019).
Is New 90 Day High Low • Nov 10New 90-day low: ฿1.10The company is down 18% from its price of ฿1.34 on 11 August 2020. The Thai market is down 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Commercial Services industry, which is down 6.0% over the same period.
Is New 90 Day High Low • Sep 29New 90-day high: ฿1.51The company is up 91% from its price of ฿0.79 on 01 July 2020. The Thai market is down 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Commercial Services industry, which is up 26% over the same period.