View ValuationWave Exponential 将来の成長Future 基準チェック /06現在、 Wave Exponential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Consumer Services 収益成長36.6%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 • Mar 05Full year 2025 earnings released: EPS: ฿0.06 (vs ฿0.074 loss in FY 2024)Full year 2025 results: EPS: ฿0.06 (up from ฿0.074 loss in FY 2024). Revenue: ฿404.0m (down 14% from FY 2024). Net income: ฿691.0m (up ฿1.47b from FY 2024). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 49% per year, which means it is significantly lagging earnings.Reported Earnings • Nov 18Third quarter 2025 earnings released: EPS: ฿0.007 (vs ฿0.002 in 3Q 2024)Third quarter 2025 results: EPS: ฿0.007 (up from ฿0.002 in 3Q 2024). Revenue: ฿104.5m (down 17% from 3Q 2024). Net income: ฿80.7m (up 194% from 3Q 2024). Profit margin: 77% (up from 22% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 113% per year but the company’s share price has fallen by 48% per year, which means it is significantly lagging earnings.New Risk • Nov 10New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: ฿229.1m (US$7.08m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. 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 (-฿190m free cash flow). Share price has been highly volatile over the past 3 months (41% average weekly change). Earnings have declined by 11% per year over the past 5 years. Market cap is less than US$10m (฿229.1m market cap, or US$7.08m).Reported Earnings • Aug 16Second quarter 2025 earnings released: EPS: ฿0.017 (vs ฿0 in 2Q 2024)Second quarter 2025 results: EPS: ฿0.017 (up from ฿0 in 2Q 2024). Revenue: ฿95.4m (down 18% from 2Q 2024). Net income: ฿190.5m (up ฿186.2m from 2Q 2024). Over the last 3 years on average, earnings per share has increased by 128% per year but the company’s share price has fallen by 59% per year, which means it is significantly lagging earnings.Board Change • Aug 01High number of new directorsIndependent Chairman Boon-long Jak was the last director to join the board, commencing their role in 2025.New Risk • Jun 09New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: ฿229.1m (US$7.01m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. 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 (-฿284m free cash flow). Share price has been highly volatile over the past 3 months (39% average weekly change). Earnings have declined by 6.3% per year over the past 5 years. Market cap is less than US$10m (฿229.1m market cap, or US$7.01m). Minor Risk Shareholders have been diluted in the past year (24% increase in shares outstanding).Reported Earnings • May 17First quarter 2025 earnings released: ฿0.14 loss per share (vs ฿0.001 loss in 1Q 2024)First quarter 2025 results: ฿0.14 loss per share. Revenue: ฿103.0m (down 13% from 1Q 2024). Net loss: ฿1.61m (loss narrowed 80% from 1Q 2024).New Risk • Apr 09New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: ฿343.7m (US$9.95m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. 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 (-฿287m free cash flow). Share price has been highly volatile over the past 3 months (25% average weekly change). Market cap is less than US$10m (฿343.7m market cap, or US$9.95m). Minor Risk Shareholders have been diluted in the past year (24% increase in shares outstanding).Reported Earnings • Mar 26Full year 2024 earnings released: ฿74.08 loss per share (vs ฿0.002 loss in FY 2023)Full year 2024 results: ฿74.08 loss per share (further deteriorated from ฿0.002 loss in FY 2023). Revenue: ฿468.1m (up 4.4% from FY 2023). Net loss: ฿774.2m (loss widened ฿756.7m from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 94 percentage points per year, which is a significant difference in performance.Board Change • Mar 26High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. Director Kijcharnpit Sukangwanwit is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.お知らせ • Mar 26Wave Exponential Public Company Limited, Annual General Meeting, Apr 30, 2025Wave Exponential Public Company Limited, Annual General Meeting, Apr 30, 2025, at 10:30 SE Asia Standard Time. Location: tararom business tower 14th floor, 2445/19, 21, petchaburi road, bangkapi,huay kwang, bangkok 10310 ThailandReported Earnings • Nov 14Third quarter 2024 earnings released: EPS: ฿0.002 (vs ฿0 in 3Q 2023)Third quarter 2024 results: EPS: ฿0.002 (up from ฿0 in 3Q 2023). Revenue: ฿126.0m (up 5.6% from 3Q 2023). Net income: ฿27.5m (up ฿25.0m from 3Q 2023). Profit margin: 22% (up from 2.1% in 3Q 2023). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has fallen by 52% per year, which means it is significantly lagging earnings.お知らせ • Sep 06Wave Exponential Public Company Limited Announces Resignation of James Andrew Moore as A DirectorWave Exponential Public Company Limited announced that on September 5, 2024, Mr. James Andrew Moore, a director of Wave Exponential Public Company Limited, notified the Company of his resignation from the board of directors and all other sub-committees of the Company due to personal reasons. The Company is currently in the process of selecting a qualified individual to fill the position.Reported Earnings • Aug 17Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: ฿116.2m (up 5.8% from 2Q 2023). Net income: ฿4.28m (up ฿10.3m from 2Q 2023). Profit margin: 3.7% (up from net loss in 2Q 2023). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has fallen by 44% per year, which means it is significantly lagging earnings.お知らせ • Aug 15Wave Exponential Public Company Limited Announce CEO ChangesWave Exponential Public Company Limited informed that at the Board of Directors meeting No. 6/2024 on August 14, 2024, Mr. James Andrew Moore, Chief Executive Officer (CEO) and authorized director of the company, submitted his resignation from the position of CEO due to personal reasons. However, he will continue to serve as a non-signatory director of the company. In response, the Board of Directors has appointed Mr. Thirapong Khumruangrit, Executive Chairman, to the position of Chief Executive Officer of Wave Exponential Public Company Limited.New Risk • Jun 10New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -฿612m 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 (-฿612m free cash flow). Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risks Shareholders have been diluted in the past year (6.5% increase in shares outstanding). Market cap is less than US$100m (฿1.20b market cap, or US$32.5m).New Risk • May 21New major risk - Revenue and earnings growthEarnings have declined by 3.0% 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 Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 3.0% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (6.5% increase in shares outstanding). Market cap is less than US$100m (฿1.29b market cap, or US$35.5m).Reported Earnings • May 17First quarter 2024 earnings released: ฿0.001 loss per share (vs ฿0.001 loss in 1Q 2023)First quarter 2024 results: ฿0.001 loss per share (in line with 1Q 2023). Revenue: ฿118.5m (up 14% from 1Q 2023). Net loss: ฿7.92m (loss narrowed 31% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 45% per year, which means it is significantly lagging earnings.Reported Earnings • Mar 01Full year 2023 earnings released: ฿0.002 loss per share (vs ฿0.081 loss in FY 2022)Full year 2023 results: ฿0.002 loss per share (improved from ฿0.081 loss in FY 2022). Revenue: ฿448.3m (up 57% from FY 2022). Net loss: ฿17.5m (loss narrowed 91% from FY 2022). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 35% per year, which means it is significantly lagging earnings.お知らせ • Sep 01Wave Exponential Public Company Limited Announces Resignation of Cathleen Maleenont as DirectorWave Exponential Public Company Limited announced that Miss. Cathleen Maleenont has announced her resignation from the position of Director due to an increase in other business. In thisregard, the resignation will be effective from August 31st, 2023 onwards. In addition, the company will register the resignation with the Department of Business Development, the Ministry of Commerce and will proceed according to the nomination and appointment process to nominate appropriate and suitable person and will notify the Stock Exchange of Thailand accordingly.お知らせ • Aug 11Wave Exponential Public Company Limited Announces the Resignation of Cathleen Maleenont as the Chairman of the Board of DirectorsWave Exponential Public Company Limited at its meeting held on August 9th, 2023, has acknowledge the resignation of Miss Cathleen Maleenont as the Chairman of the Board of Directors due to increasing of other matter. The Company received the resignation letter on August 10th, 2023, in this regard, the resignation of the Chairman of the Board of Directors will be effective from August 10th, 2023 onwards. In addition, the Company will proceed according to the nomination and appointment process to nominate appropriate and suitable person and will notify the Stock Exchange of Thailand accordingly.Reported Earnings • Aug 11Second quarter 2023 earnings released: ฿0.001 loss per share (vs ฿0.007 loss in 2Q 2022)Second quarter 2023 results: ฿0.001 loss per share. Revenue: ฿109.8m (up 79% from 2Q 2022). Net loss: ฿6.05m (loss widened 3.7% from 2Q 2022).Board Change • Apr 10Less than half of directors are independentThere are 6 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: 6 new directors. No experienced directors. 1 highly experienced director. 3 independent directors (4 non-independent directors). Chairman Cathleen Maleenont is the most experienced director on the board, commencing their role in 2006. Independent Director Phisit Chusiriwat was the last independent director to join the board, commencing their role in 2022. 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.お知らせ • Jan 11Wave Entertainment Public Company Limited Completes Moving Head OfficeWave Entertainment Public Company Limited announced according to the company notified the change of head office's address on December 20, 2022. The company has completed the moving process and announced that from 10 January 2023 onwards, the company's head office will be as follows; New Head Office: 2445/19 Tararom Business Tower 14th Floor, New Petchaburi Rd, Bang Kapi, Huai Khwang,Bangkok 10310.お知らせ • Jan 05Wave Entertainment Public Company Limited Announces Resignation of Mrs. Angkanee Rerksirisuk as CFOWave Entertainment Public Company Limited announced resignation of Mrs. Angkanee Rerksirisuk as CFO. Effective Date of Termination is 31-Dec-2022.Board Change • Nov 16Less than half of directors are independentThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. No experienced directors. 2 highly experienced directors. 1 independent director (4 non-independent directors). Director of CVD International Co Ltd and Acquisition Department Manager of CVD International Co Ltd Sirisak Wongsupakpun is the most experienced director on the board, commencing their role in 1995. Independent Director Phatnaree Thitiariyakul was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.Board Change • Sep 21Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Prasert Patradhilok was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Aug 13Second quarter 2022 earnings released: ฿0.007 loss per share (vs ฿0.027 loss in 2Q 2021)Second quarter 2022 results: ฿0.007 loss per share (up from ฿0.027 loss in 2Q 2021). Revenue: ฿61.2m (down 44% from 2Q 2021). Net loss: ฿5.83m (loss narrowed 73% from 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has fallen by 39% per year, which means it is performing significantly worse than earnings.Reported Earnings • May 16First quarter 2022 earnings released: ฿0.15 loss per share (vs ฿0.025 loss in 1Q 2021)First quarter 2022 results: ฿0.15 loss per share (down from ฿0.025 loss in 1Q 2021). Revenue: ฿56.1m (down 56% from 1Q 2021). Net loss: ฿118.6m (loss widened 500% from 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 32% per year, which means it is performing significantly worse than earnings.Reported Earnings • Mar 04Full year 2021 earnings: Revenues in line with analyst expectationsFull year 2021 results: Revenue: ฿286.0m (down 59% from FY 2020). Net loss: ฿688.4m (loss widened 243% from FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings.Executive Departure • Oct 10Independent Director Apiwat Ngenmune has left the companyOn the 1st of October, Apiwat Ngenmune's tenure as Independent Director ended after 1.2 years in the role. We don't have any record of a personal shareholding under Apiwat's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 8.79 years.Reported Earnings • Aug 18Second quarter 2021 earnings releasedThe company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2021 results: Revenue: ฿109.4m (down 23% from 2Q 2020). Net loss: ฿21.2m (down 168% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 36% per year, which means it is significantly lagging earnings.Reported Earnings • May 17First quarter 2021 earnings releasedThe company reported a soft first quarter result with weaker revenues and control over costs, although losses reduced. First quarter 2021 results: Revenue: ฿127.9m (down 44% from 1Q 2020). Net loss: ฿19.8m (loss narrowed 35% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 36% per year, which means it is significantly lagging earnings.Is New 90 Day High Low • Mar 01New 90-day low: ฿0.57The company is down 7.0% from its price of ฿0.61 on 01 December 2020. The Thai market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is up 20% over the same period.Reported Earnings • Feb 28Full year 2020 earnings released: ฿0.43 loss per share (vs ฿0.36 loss in FY 2019)The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: ฿701.2m (down 36% from FY 2019). Net loss: ฿200.5m (loss widened 19% from FY 2019). 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 43% per year, which means it is significantly lagging earnings.Is New 90 Day High Low • Jan 05New 90-day low: ฿0.59The company is down 16% from its price of ฿0.70 on 07 October 2020. The Thai market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is up 8.0% over the same period.Is New 90 Day High Low • Nov 20New 90-day low: ฿0.62The company is down 38% from its price of ฿1.00 on 21 August 2020. The Thai market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is up 1.0% over the same period.Reported Earnings • Nov 13Third quarter 2020 earnings released: ฿0.056 loss per shareThe company reported a poor third quarter result with increased losses and weaker revenues and control over expenses. Third quarter 2020 results: Revenue: ฿177.8m (down 36% from 3Q 2019). Net loss: ฿26.2m (loss widened 80% from 3Q 2019). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 42% per year, which means it is significantly lagging earnings.Is New 90 Day High Low • Sep 18New 90-day low: ฿0.72The company is down 31% from its price of ฿1.04 on 19 June 2020. The Thai market is down 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is up 13% 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、Wave Exponential 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:WAVE - 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12/31/2025404524312N/A9/30/2025410-528-25-13N/A6/30/2025432-582-190-179N/A3/31/2025453-768-284-273N/A12/31/2024468-1,322-285-282N/A9/30/202447621-422-417N/A6/30/2024469-4-539-534N/A3/31/2024463-14-612-606N/A12/31/2023448-17-699-688N/A9/30/2023424-55-796-744N/A6/30/2023382-83-509-448N/A3/31/2023334-88-340-280N/A12/31/2022286-123-256-200N/A9/30/2022250-7632234N/A6/30/2022245-7322830N/A3/31/2022261-7263941N/A12/31/2021286-6887076N/A9/30/2021139-113547N/A6/30/2021245-484760N/A3/31/2021308-70399411N/A12/31/2020455-92181229N/A9/30/2020785-255131238N/A6/30/2020886-239225362N/A3/31/20201,039-230-184-7N/A12/31/20191,087-243-164-3N/A9/30/20191,135-185N/A58N/A6/30/20191,154-214N/A-57N/A3/31/2019835-284N/A2N/A12/31/20181,123-293N/A147N/A9/30/20181,391-257N/A135N/A6/30/20181,800-270N/A86N/A3/31/20182,419-247N/A15N/A12/31/20172,407-268N/A-71N/A9/30/20172,417-148N/A-171N/A6/30/20172,438-77N/A-91N/A3/31/20172,446-12N/A-104N/A12/31/20162,56157N/A34N/A9/30/20162,639-8N/A134N/A6/30/20162,571-14N/A127N/A3/31/20162,351-15N/A191N/A12/31/20152,16935N/A158N/A9/30/20151,796126N/A125N/A6/30/20151,353143N/A74N/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: WAVE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: WAVE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: WAVE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: WAVE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: WAVE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: WAVE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7D1Y7D1Y7D1YConsumer-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2026/05/11 19:14終値2026/05/11 00:00収益2025/12/31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Wave Exponential 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 • Mar 05Full year 2025 earnings released: EPS: ฿0.06 (vs ฿0.074 loss in FY 2024)Full year 2025 results: EPS: ฿0.06 (up from ฿0.074 loss in FY 2024). Revenue: ฿404.0m (down 14% from FY 2024). Net income: ฿691.0m (up ฿1.47b from FY 2024). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 49% per year, which means it is significantly lagging earnings.
Reported Earnings • Nov 18Third quarter 2025 earnings released: EPS: ฿0.007 (vs ฿0.002 in 3Q 2024)Third quarter 2025 results: EPS: ฿0.007 (up from ฿0.002 in 3Q 2024). Revenue: ฿104.5m (down 17% from 3Q 2024). Net income: ฿80.7m (up 194% from 3Q 2024). Profit margin: 77% (up from 22% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 113% per year but the company’s share price has fallen by 48% per year, which means it is significantly lagging earnings.
New Risk • Nov 10New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: ฿229.1m (US$7.08m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. 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 (-฿190m free cash flow). Share price has been highly volatile over the past 3 months (41% average weekly change). Earnings have declined by 11% per year over the past 5 years. Market cap is less than US$10m (฿229.1m market cap, or US$7.08m).
Reported Earnings • Aug 16Second quarter 2025 earnings released: EPS: ฿0.017 (vs ฿0 in 2Q 2024)Second quarter 2025 results: EPS: ฿0.017 (up from ฿0 in 2Q 2024). Revenue: ฿95.4m (down 18% from 2Q 2024). Net income: ฿190.5m (up ฿186.2m from 2Q 2024). Over the last 3 years on average, earnings per share has increased by 128% per year but the company’s share price has fallen by 59% per year, which means it is significantly lagging earnings.
Board Change • Aug 01High number of new directorsIndependent Chairman Boon-long Jak was the last director to join the board, commencing their role in 2025.
New Risk • Jun 09New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: ฿229.1m (US$7.01m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. 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 (-฿284m free cash flow). Share price has been highly volatile over the past 3 months (39% average weekly change). Earnings have declined by 6.3% per year over the past 5 years. Market cap is less than US$10m (฿229.1m market cap, or US$7.01m). Minor Risk Shareholders have been diluted in the past year (24% increase in shares outstanding).
Reported Earnings • May 17First quarter 2025 earnings released: ฿0.14 loss per share (vs ฿0.001 loss in 1Q 2024)First quarter 2025 results: ฿0.14 loss per share. Revenue: ฿103.0m (down 13% from 1Q 2024). Net loss: ฿1.61m (loss narrowed 80% from 1Q 2024).
New Risk • Apr 09New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: ฿343.7m (US$9.95m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. 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 (-฿287m free cash flow). Share price has been highly volatile over the past 3 months (25% average weekly change). Market cap is less than US$10m (฿343.7m market cap, or US$9.95m). Minor Risk Shareholders have been diluted in the past year (24% increase in shares outstanding).
Reported Earnings • Mar 26Full year 2024 earnings released: ฿74.08 loss per share (vs ฿0.002 loss in FY 2023)Full year 2024 results: ฿74.08 loss per share (further deteriorated from ฿0.002 loss in FY 2023). Revenue: ฿468.1m (up 4.4% from FY 2023). Net loss: ฿774.2m (loss widened ฿756.7m from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 94 percentage points per year, which is a significant difference in performance.
Board Change • Mar 26High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. Director Kijcharnpit Sukangwanwit is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
お知らせ • Mar 26Wave Exponential Public Company Limited, Annual General Meeting, Apr 30, 2025Wave Exponential Public Company Limited, Annual General Meeting, Apr 30, 2025, at 10:30 SE Asia Standard Time. Location: tararom business tower 14th floor, 2445/19, 21, petchaburi road, bangkapi,huay kwang, bangkok 10310 Thailand
Reported Earnings • Nov 14Third quarter 2024 earnings released: EPS: ฿0.002 (vs ฿0 in 3Q 2023)Third quarter 2024 results: EPS: ฿0.002 (up from ฿0 in 3Q 2023). Revenue: ฿126.0m (up 5.6% from 3Q 2023). Net income: ฿27.5m (up ฿25.0m from 3Q 2023). Profit margin: 22% (up from 2.1% in 3Q 2023). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has fallen by 52% per year, which means it is significantly lagging earnings.
お知らせ • Sep 06Wave Exponential Public Company Limited Announces Resignation of James Andrew Moore as A DirectorWave Exponential Public Company Limited announced that on September 5, 2024, Mr. James Andrew Moore, a director of Wave Exponential Public Company Limited, notified the Company of his resignation from the board of directors and all other sub-committees of the Company due to personal reasons. The Company is currently in the process of selecting a qualified individual to fill the position.
Reported Earnings • Aug 17Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: ฿116.2m (up 5.8% from 2Q 2023). Net income: ฿4.28m (up ฿10.3m from 2Q 2023). Profit margin: 3.7% (up from net loss in 2Q 2023). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has fallen by 44% per year, which means it is significantly lagging earnings.
お知らせ • Aug 15Wave Exponential Public Company Limited Announce CEO ChangesWave Exponential Public Company Limited informed that at the Board of Directors meeting No. 6/2024 on August 14, 2024, Mr. James Andrew Moore, Chief Executive Officer (CEO) and authorized director of the company, submitted his resignation from the position of CEO due to personal reasons. However, he will continue to serve as a non-signatory director of the company. In response, the Board of Directors has appointed Mr. Thirapong Khumruangrit, Executive Chairman, to the position of Chief Executive Officer of Wave Exponential Public Company Limited.
New Risk • Jun 10New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -฿612m 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 (-฿612m free cash flow). Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risks Shareholders have been diluted in the past year (6.5% increase in shares outstanding). Market cap is less than US$100m (฿1.20b market cap, or US$32.5m).
New Risk • May 21New major risk - Revenue and earnings growthEarnings have declined by 3.0% 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 Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 3.0% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (6.5% increase in shares outstanding). Market cap is less than US$100m (฿1.29b market cap, or US$35.5m).
Reported Earnings • May 17First quarter 2024 earnings released: ฿0.001 loss per share (vs ฿0.001 loss in 1Q 2023)First quarter 2024 results: ฿0.001 loss per share (in line with 1Q 2023). Revenue: ฿118.5m (up 14% from 1Q 2023). Net loss: ฿7.92m (loss narrowed 31% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 45% per year, which means it is significantly lagging earnings.
Reported Earnings • Mar 01Full year 2023 earnings released: ฿0.002 loss per share (vs ฿0.081 loss in FY 2022)Full year 2023 results: ฿0.002 loss per share (improved from ฿0.081 loss in FY 2022). Revenue: ฿448.3m (up 57% from FY 2022). Net loss: ฿17.5m (loss narrowed 91% from FY 2022). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 35% per year, which means it is significantly lagging earnings.
お知らせ • Sep 01Wave Exponential Public Company Limited Announces Resignation of Cathleen Maleenont as DirectorWave Exponential Public Company Limited announced that Miss. Cathleen Maleenont has announced her resignation from the position of Director due to an increase in other business. In thisregard, the resignation will be effective from August 31st, 2023 onwards. In addition, the company will register the resignation with the Department of Business Development, the Ministry of Commerce and will proceed according to the nomination and appointment process to nominate appropriate and suitable person and will notify the Stock Exchange of Thailand accordingly.
お知らせ • Aug 11Wave Exponential Public Company Limited Announces the Resignation of Cathleen Maleenont as the Chairman of the Board of DirectorsWave Exponential Public Company Limited at its meeting held on August 9th, 2023, has acknowledge the resignation of Miss Cathleen Maleenont as the Chairman of the Board of Directors due to increasing of other matter. The Company received the resignation letter on August 10th, 2023, in this regard, the resignation of the Chairman of the Board of Directors will be effective from August 10th, 2023 onwards. In addition, the Company will proceed according to the nomination and appointment process to nominate appropriate and suitable person and will notify the Stock Exchange of Thailand accordingly.
Reported Earnings • Aug 11Second quarter 2023 earnings released: ฿0.001 loss per share (vs ฿0.007 loss in 2Q 2022)Second quarter 2023 results: ฿0.001 loss per share. Revenue: ฿109.8m (up 79% from 2Q 2022). Net loss: ฿6.05m (loss widened 3.7% from 2Q 2022).
Board Change • Apr 10Less than half of directors are independentThere are 6 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: 6 new directors. No experienced directors. 1 highly experienced director. 3 independent directors (4 non-independent directors). Chairman Cathleen Maleenont is the most experienced director on the board, commencing their role in 2006. Independent Director Phisit Chusiriwat was the last independent director to join the board, commencing their role in 2022. 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.
お知らせ • Jan 11Wave Entertainment Public Company Limited Completes Moving Head OfficeWave Entertainment Public Company Limited announced according to the company notified the change of head office's address on December 20, 2022. The company has completed the moving process and announced that from 10 January 2023 onwards, the company's head office will be as follows; New Head Office: 2445/19 Tararom Business Tower 14th Floor, New Petchaburi Rd, Bang Kapi, Huai Khwang,Bangkok 10310.
お知らせ • Jan 05Wave Entertainment Public Company Limited Announces Resignation of Mrs. Angkanee Rerksirisuk as CFOWave Entertainment Public Company Limited announced resignation of Mrs. Angkanee Rerksirisuk as CFO. Effective Date of Termination is 31-Dec-2022.
Board Change • Nov 16Less than half of directors are independentThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. No experienced directors. 2 highly experienced directors. 1 independent director (4 non-independent directors). Director of CVD International Co Ltd and Acquisition Department Manager of CVD International Co Ltd Sirisak Wongsupakpun is the most experienced director on the board, commencing their role in 1995. Independent Director Phatnaree Thitiariyakul was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.
Board Change • Sep 21Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Prasert Patradhilok was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Aug 13Second quarter 2022 earnings released: ฿0.007 loss per share (vs ฿0.027 loss in 2Q 2021)Second quarter 2022 results: ฿0.007 loss per share (up from ฿0.027 loss in 2Q 2021). Revenue: ฿61.2m (down 44% from 2Q 2021). Net loss: ฿5.83m (loss narrowed 73% from 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has fallen by 39% per year, which means it is performing significantly worse than earnings.
Reported Earnings • May 16First quarter 2022 earnings released: ฿0.15 loss per share (vs ฿0.025 loss in 1Q 2021)First quarter 2022 results: ฿0.15 loss per share (down from ฿0.025 loss in 1Q 2021). Revenue: ฿56.1m (down 56% from 1Q 2021). Net loss: ฿118.6m (loss widened 500% from 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 32% per year, which means it is performing significantly worse than earnings.
Reported Earnings • Mar 04Full year 2021 earnings: Revenues in line with analyst expectationsFull year 2021 results: Revenue: ฿286.0m (down 59% from FY 2020). Net loss: ฿688.4m (loss widened 243% from FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings.
Executive Departure • Oct 10Independent Director Apiwat Ngenmune has left the companyOn the 1st of October, Apiwat Ngenmune's tenure as Independent Director ended after 1.2 years in the role. We don't have any record of a personal shareholding under Apiwat's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 8.79 years.
Reported Earnings • Aug 18Second quarter 2021 earnings releasedThe company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2021 results: Revenue: ฿109.4m (down 23% from 2Q 2020). Net loss: ฿21.2m (down 168% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 36% per year, which means it is significantly lagging earnings.
Reported Earnings • May 17First quarter 2021 earnings releasedThe company reported a soft first quarter result with weaker revenues and control over costs, although losses reduced. First quarter 2021 results: Revenue: ฿127.9m (down 44% from 1Q 2020). Net loss: ฿19.8m (loss narrowed 35% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 36% per year, which means it is significantly lagging earnings.
Is New 90 Day High Low • Mar 01New 90-day low: ฿0.57The company is down 7.0% from its price of ฿0.61 on 01 December 2020. The Thai market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is up 20% over the same period.
Reported Earnings • Feb 28Full year 2020 earnings released: ฿0.43 loss per share (vs ฿0.36 loss in FY 2019)The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: ฿701.2m (down 36% from FY 2019). Net loss: ฿200.5m (loss widened 19% from FY 2019). 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 43% per year, which means it is significantly lagging earnings.
Is New 90 Day High Low • Jan 05New 90-day low: ฿0.59The company is down 16% from its price of ฿0.70 on 07 October 2020. The Thai market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is up 8.0% over the same period.
Is New 90 Day High Low • Nov 20New 90-day low: ฿0.62The company is down 38% from its price of ฿1.00 on 21 August 2020. The Thai market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is up 1.0% over the same period.
Reported Earnings • Nov 13Third quarter 2020 earnings released: ฿0.056 loss per shareThe company reported a poor third quarter result with increased losses and weaker revenues and control over expenses. Third quarter 2020 results: Revenue: ฿177.8m (down 36% from 3Q 2019). Net loss: ฿26.2m (loss widened 80% from 3Q 2019). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 42% per year, which means it is significantly lagging earnings.
Is New 90 Day High Low • Sep 18New 90-day low: ฿0.72The company is down 31% from its price of ฿1.04 on 19 June 2020. The Thai market is down 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is up 13% over the same period.