Reported Earnings • May 15
First quarter 2026 earnings released: ฿0.032 loss per share (vs ฿0.068 loss in 1Q 2025) First quarter 2026 results: ฿0.032 loss per share (improved from ฿0.068 loss in 1Q 2025). Revenue: ฿87.2m (down 20% from 1Q 2025). Net loss: ฿19.3m (loss narrowed 52% from 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 42 percentage points per year, which is a significant difference in performance. Reported Earnings • Mar 01
Full year 2025 earnings released: ฿0.24 loss per share (vs ฿0.001 profit in FY 2024) Full year 2025 results: ฿0.24 loss per share (down from ฿0.001 profit in FY 2024). Revenue: ฿512.0m (down 25% from FY 2024). Net loss: ฿142.9m (down ฿143.4m from profit in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 38 percentage points per year, which is a significant difference in performance. Aankondiging • Feb 25
Successmore Being Public Company Limited, Annual General Meeting, Apr 27, 2026 Successmore Being Public Company Limited, Annual General Meeting, Apr 27, 2026, at 14:00 SE Asia Standard Time. New Risk • Jan 28
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 49% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. 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 36% per year over the past 5 years. Shareholders have been substantially diluted in the past year (49% increase in shares outstanding). Market cap is less than US$10m (฿132.9m market cap, or US$4.30m). Reported Earnings • Nov 12
Third quarter 2025 earnings released: ฿0.06 loss per share (vs ฿0.019 profit in 3Q 2024) Third quarter 2025 results: ฿0.06 loss per share (down from ฿0.019 profit in 3Q 2024). Revenue: ฿146.9m (down 9.5% from 3Q 2024). Net loss: ฿36.0m (down 424% from profit in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 31 percentage points per year, which is a significant difference in performance. Aankondiging • Aug 27
Successmore Being Public Company Limited has filed a Follow-on Equity Offering in the amount of THB 536.672521 million. Successmore Being Public Company Limited has filed a Follow-on Equity Offering in the amount of THB 536.672521 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 1,788,908,403
Price\Range: THB 0.3
Security Features: Attached Warrants
Transaction Features: Rights Offering Board Change • Aug 27
Less than half of directors are independent There are 5 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: 3 independent directors. 5 non-independent directors. Independent Director Nalinthon Lertsitthichaichok was the last independent director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Reported Earnings • Aug 20
Second quarter 2025 earnings released: ฿0.048 loss per share (vs ฿0.023 profit in 2Q 2024) Second quarter 2025 results: ฿0.048 loss per share (down from ฿0.023 profit in 2Q 2024). Revenue: ฿84.7m (down 48% from 2Q 2024). Net loss: ฿28.9m (down 309% from profit in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 26 percentage points per year, which is a significant difference in performance. Reported Earnings • May 09
First quarter 2025 earnings released: ฿0.068 loss per share (vs ฿0.02 profit in 1Q 2024) First quarter 2025 results: ฿0.068 loss per share (down from ฿0.02 profit in 1Q 2024). Revenue: ฿108.4m (down 36% from 1Q 2024). Net loss: ฿40.5m (down 440% from profit in 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 13 percentage points per year, which is a significant difference in performance. Buy Or Sell Opportunity • Mar 12
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 87% to ฿0.51. The fair value is estimated to be ฿0.65, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 20% over the last 3 years. Earnings per share has declined by 56%. Reported Earnings • Feb 26
Full year 2024 earnings released: EPS: ฿0.001 (vs ฿0.14 in FY 2023) Full year 2024 results: EPS: ฿0.001 (down from ฿0.14 in FY 2023). Revenue: ฿684.4m (down 30% from FY 2023). Net income: ฿472.9k (down 100% from FY 2023). Profit margin: 0.1% (down from 8.8% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 56% per year whereas the company’s share price has fallen by 58% per year. Aankondiging • Feb 25
Successmore Being Public Company Limited Proposes Omission of Dividend Payment for Six-Month Period from July 1, 2024 to December 31, 2024 Successmore Being Public Company Limited board at its AGM to be held on April 23, 2025, proposed omission of dividend payment from the six-month operating results from July 1, 2024 to December 31, 2024. New Risk • Jan 14
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ฿345.9m (US$9.94m) 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 Share price has been highly volatile over the past 3 months (19% average weekly change). Dividend is not well covered by earnings and cash flows. Payout ratio: 102% Dividend per share is over 14x cash flows per share. Market cap is less than US$10m (฿345.9m market cap, or US$9.94m). Valuation Update With 7 Day Price Move • Dec 23
Investor sentiment deteriorates as stock falls 30% After last week's 30% share price decline to ฿2.60, the stock trades at a trailing P/E ratio of 26.5x. Average trailing P/E is 20x in the Specialty Retail industry in Thailand. Total loss to shareholders of 61% over the past three years. Reported Earnings • Nov 17
Third quarter 2024 earnings released: EPS: ฿0.019 (vs ฿0.034 in 3Q 2023) Third quarter 2024 results: EPS: ฿0.019 (down from ฿0.034 in 3Q 2023). Revenue: ฿162.3m (down 27% from 3Q 2023). Net income: ฿11.1m (down 46% from 3Q 2023). Profit margin: 6.8% (down from 9.3% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 28% per year, which means it has not declined as severely as earnings. New Risk • Aug 21
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 7.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (98% cash payout ratio). Share price has been volatile over the past 3 months (7.3% average weekly change). Market cap is less than US$100m (฿2.12b market cap, or US$61.9m). Declared Dividend • Aug 10
First half dividend of ฿0.05 announced Shareholders will receive a dividend of ฿0.05. Ex-date: 21st August 2024 Payment date: 5th September 2024 Dividend yield will be 2.7%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is not covered by earnings (132% earnings payout ratio) nor is it adequately covered by cash flows (98% cash payout ratio). The dividend has increased by an average of 43% per year over the past 3 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 46% to bring the payout ratio under control. However, EPS has declined by 6.8% over the last 5 years so the company would need to reverse this trend. Reported Earnings • Aug 09
Second quarter 2024 earnings released: EPS: ฿0.023 (vs ฿0.039 in 2Q 2023) Second quarter 2024 results: EPS: ฿0.023 (down from ฿0.039 in 2Q 2023). Revenue: ฿163.2m (down 35% from 2Q 2023). Net income: ฿13.9m (down 41% from 2Q 2023). Profit margin: 8.5% (down from 9.4% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings. Aankondiging • Aug 08
Successmore Being Public Company Limited Announces Interim Cash Dividend for the Operating Period from 1 January 2024 to 30 June 2024, Payable on September 5, 2024 Successmore Being Public Company Limited announced interim cash dividend of THB 0.05 per share for the Operating period from 1 January 2024 to 30 June 2024. Ex-dividend date is August 21, 2024. Payment date is September 5, 2024. Record date for the right to receive dividends is August 22, 2024. Reported Earnings • May 11
First quarter 2024 earnings released: EPS: ฿0.02 (vs ฿0.034 in 1Q 2023) First quarter 2024 results: EPS: ฿0.02 (down from ฿0.034 in 1Q 2023). Revenue: ฿170.2m (down 35% from 1Q 2023). Net income: ฿11.9m (down 41% from 1Q 2023). Profit margin: 7.0% (down from 7.8% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Aankondiging • Apr 27
Successmore Being Public Company Limited Approves the Annual Dividend Payment for the Financial Year 2023, Payable on May 23, 2024 Successmore Being Public Company Limited at its annual general meeting of shareholders held on 25 April 2024 approved the annual dividend payment for the financial year 2023 whose operating period is from January 1, 2023 to December 31, 2023 at the rate of THB 0.15 per share. In this regard, the company has paid the interim dividend (period: 1 January - 30 June 2023) at the rate of THB 0.10 per share. Therefore, the remaining dividend payment (period: 1 July - 31 December 2023) at the rate of THB 0.05 per share. The record date on March 11, 2024. The payment is due on May 23, 2024. Upcoming Dividend • Mar 01
Upcoming dividend of ฿0.05 per share Eligible shareholders must have bought the stock before 08 March 2024. Payment date: 23 May 2024. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 5.0%. Lower than top quartile of Thai dividend payers (6.4%). Higher than average of industry peers (2.6%). Reported Earnings • Feb 24
Full year 2023 earnings released: EPS: ฿0.14 (vs ฿0.28 in FY 2022) Full year 2023 results: EPS: ฿0.14 (down from ฿0.28 in FY 2022). Revenue: ฿983.0m (down 17% from FY 2022). Net income: ฿86.2m (down 49% from FY 2022). Profit margin: 8.8% (down from 14% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 26% per year, which means it is well ahead of earnings. Aankondiging • Dec 28
Nattaraphon Pengyeeson, Araya Pengyeeson and Taweepong Sudtampun acquired 25% stake in Power Agrotech (Thailand) Company from Successmore Being Public Company Limited (SET:SCM) for THB 10 million. Nattaraphon Pengyeeson, Araya Pengyeeson and Taweepong Sudtampun acquired 25% stake in Power Agrotech (Thailand) Company from Successmore Being Public Company Limited (SET:SCM) for THB 10 million on December 26, 2023. The board of directors of Successmore Being has approved the transaction. As of 2022, Power Agrotech reported a total assets of THB 6.4 million, total revenue of THB 92.4 million and net profit of THB 0.39 million. Discover Management Co., Ltd. acted as financial advisor to Successmore Being.Nattaraphon Pengyeeson, Araya Pengyeeson and Taweepong Sudtampun acquired 25% stake in Power Agrotech (Thailand) Company from Successmore Being Public Company Limited (SET:SCM) on December 26, 2023. Aankondiging • Nov 11
Successmore Being Public Company Limited (SET:SCM) announces an Equity Buyback for 8,800,000 shares, representing 1.47% for THB 30 million. Successmore Being Public Company Limited (SET:SCM) announces a share repurchase program. Under the program, the company will repurchase up to 8,800,000 shares, representing 1.47% of its issued share capital, for THB 30 million. The repurchase price must not exceed 115% of the average closing share price of five business days prior to each repurchase date. The purpose of the program is to manage the efficiency of the company's liquidity and enhance the return on equity (ROE) and earning per share and to signal to investors on the strong financial position of the company. The program will run through May 3, 2024. As of March 13, 2023, the company had 600,000,000 shares in outstanding. Reported Earnings • Nov 10
Third quarter 2023 earnings released: EPS: ฿0.034 (vs ฿0.072 in 3Q 2022) Third quarter 2023 results: EPS: ฿0.034 (down from ฿0.072 in 3Q 2022). Revenue: ฿222.4m (down 24% from 3Q 2022). Net income: ฿20.6m (down 52% from 3Q 2022). Profit margin: 9.3% (down from 15% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Oct 09
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ฿3.58, the stock trades at a trailing P/E ratio of 18x. Average trailing P/E is 25x in the Specialty Retail industry in Thailand. Total returns to shareholders of 98% over the past three years. Upcoming Dividend • Aug 15
Upcoming dividend of ฿0.10 per share at 4.0% yield Eligible shareholders must have bought the stock before 21 August 2023. Payment date: 05 September 2023. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 4.0%. Lower than top quartile of Thai dividend payers (6.4%). Higher than average of industry peers (2.3%). Aankondiging • Aug 10
Successmore Being Public Company Limited Announces Interim Cash Dividend, Payable on 5 September 2023 Successmore Being Public Company Limited announced interim cash dividend of THB 0.10 per share for the Operating period from 1 January 2023 to 30 June 2023 . Ex-dividend date is August 21, 2023. Payment date is September 5, 2023. Record date for the right to receive dividends is August 22, 2023. New Risk • Aug 09
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 11% Last year net profit margin: 17% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 105% Paying a dividend despite having no free cash flows. High level of non-cash earnings (42% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (11% net profit margin). Market cap is less than US$100m (฿3.00b market cap, or US$85.9m). Reported Earnings • Aug 09
Second quarter 2023 earnings released: EPS: ฿0.039 (vs ฿0.092 in 2Q 2022) Second quarter 2023 results: EPS: ฿0.039 (down from ฿0.092 in 2Q 2022). Revenue: ฿250.3m (down 18% from 2Q 2022). Net income: ฿23.7m (down 57% from 2Q 2022). Profit margin: 9.4% (down from 18% in 2Q 2022). The decrease in margin was driven by lower revenue. Upcoming Dividend • May 02
Upcoming dividend of ฿0.11 per share at 5.0% yield Eligible shareholders must have bought the stock before 08 May 2023. Payment date: 22 May 2023. Payout ratio is on the higher end at 93%, and the cash payout ratio is above 100%. Trailing yield: 5.0%. Lower than top quartile of Thai dividend payers (6.2%). Higher than average of industry peers (2.2%). Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Nov 12
Third quarter 2022 earnings released: EPS: ฿0.072 (vs ฿0.10 in 3Q 2021) Third quarter 2022 results: EPS: ฿0.072 (down from ฿0.10 in 3Q 2021). Revenue: ฿290.7m (down 20% from 3Q 2021). Net income: ฿43.0m (down 28% from 3Q 2021). Profit margin: 15% (down from 17% in 3Q 2021). The decrease in margin was driven by lower revenue. Valuation Update With 7 Day Price Move • Nov 09
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ฿5.80, the stock trades at a trailing P/E ratio of 15.7x. Average trailing P/E is 21x in the Online Retail industry in Asia. Total loss to shareholders of 34% over the past year. Upcoming Dividend • Aug 15
Upcoming dividend of ฿0.15 per share Eligible shareholders must have bought the stock before 22 August 2022. Payment date: 05 September 2022. Payout ratio and cash payout ratio are on the higher end at 86% and 83% respectively. Trailing yield: 4.7%. Lower than top quartile of Thai dividend payers (5.5%). Higher than average of industry peers (1.5%). Reported Earnings • Aug 11
Second quarter 2022 earnings released: EPS: ฿0.092 (vs ฿0.088 in 2Q 2021) Second quarter 2022 results: EPS: ฿0.092 (up from ฿0.088 in 2Q 2021). Revenue: ฿304.0m (up 13% from 2Q 2021). Net income: ฿55.1m (up 4.5% from 2Q 2021). Profit margin: 18% (down from 20% in 2Q 2021). The decrease in margin was driven by higher expenses. Aankondiging • Aug 10
Successmore Being Public Company Limited Announces Interim Cash Dividend, Payable on September 05, 2022 Successmore Being Public Company Limited announced interim cash dividend of THB 0.15 per share for the period ended June 30, 2022. Ex-dividend date is August 22, 2022. Payment date is September 05, 2022. Record date for the right to receive dividends is August 23, 2022. Valuation Update With 7 Day Price Move • Jul 25
Investor sentiment improved over the past week After last week's 16% share price gain to ฿5.75, the stock trades at a trailing P/E ratio of 15.7x. Average trailing P/E is 20x in the Online Retail industry in Asia. Total loss to shareholders of 13% over the past year. Valuation Update With 7 Day Price Move • Jun 16
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ฿5.55, the stock trades at a trailing P/E ratio of 15.1x. Average trailing P/E is 17x in the Online Retail industry in Asia. Total returns to shareholders of 17% over the past year. Buying Opportunity • Jun 15
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 7.9%. The fair value is estimated to be ฿7.42, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 33%. Valuation Update With 7 Day Price Move • May 23
Investor sentiment improved over the past week After last week's 18% share price gain to ฿6.55, the stock trades at a trailing P/E ratio of 17.9x. Average trailing P/E is 18x in the Online Retail industry in Asia. Total returns to shareholders of 34% over the past year. Buying Opportunity • May 05
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 14%. The fair value is estimated to be ฿8.43, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.1% over the last 3 years. Earnings per share has grown by 17%. Upcoming Dividend • Apr 28
Upcoming dividend of ฿0.17 per share Eligible shareholders must have bought the stock before 05 May 2022. Payment date: 25 May 2022. Payout ratio is on the higher end at 80%, however this is supported by cash flows. Trailing yield: 4.9%. Lower than top quartile of Thai dividend payers (5.1%). Higher than average of industry peers (1.3%). Valuation Update With 7 Day Price Move • Mar 29
Investor sentiment improved over the past week After last week's 33% share price gain to ฿8.35, the stock trades at a trailing P/E ratio of 23x. Average trailing P/E is 20x in the Online Retail industry in Asia. Total returns to shareholders of 172% over the past year. Buying Opportunity • Mar 15
Now 27% undervalued after recent price drop Over the last 90 days, the stock is down 47%. The fair value is estimated to be ฿8.33, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.1% per annum over the last 3 years. Earnings per share has grown by 17% per annum over the last 3 years. Aankondiging • Mar 04
Successmore Being Public Company Limited Announces Change of Chief Financial Officer Successmore Being Public Company Limited announced change of Chief Financial Officer from Miss Kantapakon Attakamon to Mr. Suchart Thanathitiphan. Effective Date of Termination is February 28, 2022. Effective Date of Appointment is March 1, 2022. Aankondiging • Feb 25
Successmore Being Public Company Limited, Annual General Meeting, Apr 26, 2022 Successmore Being Public Company Limited, Annual General Meeting, Apr 26, 2022, at 15:00 SE Asia Standard Time. Agenda: To ratify the minute of the Extraordinary General Meeting of Shareholders No.1/2021, held on December 15, 2021; to acknowledge Board of Directors' reporting on 2021 operating results; to approve the financial statements for the year ended December 31, 2021; to approve the appropriation of earnings and the dividend payment for the year 2021; to approve the election of directors to replace those retiring by rotation; to approve director's remunerations for the year 2022; to approve the appointment of the auditor and audit fees for the year 2022; and to consider other matters, if any. Reported Earnings • Feb 24
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: ฿0.36 (up from ฿0.13 in FY 2020). Revenue: ฿1.28b (up 24% from FY 2020). Net income: ฿217.6m (up 240% from FY 2020). Profit margin: 17% (up from 6.2% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 8.3%. Aankondiging • Feb 24
Successmore Being Public Company Limited Proposes Dividend, Payable May 25, 2022 The Board of Directors' meeting of Successmore Being Public Company Limited will be held on 23 February 2022 To propose the shareholders' meeting of the Company to consider and approve the dividend payment from the operating results of the year 2021 at the rate of 0.29 baht per share, totaling 174.0 million baht, in proportion of 85.71% of the net profit from the separate financial statements The Company sets the record date to be 6 May 2022, and the dividend will be paid on 25 May 2022. However, it is still unconfirmed until the approval from the shareholders' meeting. Valuation Update With 7 Day Price Move • Dec 22
Investor sentiment deteriorated over the past week After last week's 36% share price decline to ฿7.35, the stock trades at a trailing P/E ratio of 25.5x. Average trailing P/E is 23x in the Online Retail industry in Asia. Total returns to shareholders of 291% over the past year. Valuation Update With 7 Day Price Move • Dec 07
Investor sentiment improved over the past week After last week's 15% share price gain to ฿11.30, the stock trades at a trailing P/E ratio of 39.2x. Average trailing P/E is 23x in the Online Retail industry in Asia. Total returns to shareholders of 483% over the past year. Reported Earnings • Nov 15
Third quarter 2021 earnings released: EPS ฿0.095 (vs ฿0.039 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ฿362.4m (up 34% from 3Q 2020). Net income: ฿60.1m (up 233% from 3Q 2020). Profit margin: 17% (up from 6.7% in 3Q 2020). The increase in margin was driven by higher revenue. Executive Departure • Sep 07
Chief Financial Officer Naruephol Koslathip has left the company During their tenure, earnings grew by 322% annually compared to the industry average of 55%. On the 1st of September, Naruephol Koslathip left the company after less than a year in the role. We don't have any record of a personal shareholding under Naruephol's name. Naruephol is the only executive to leave the company over the last 12 months. Upcoming Dividend • Aug 18
Upcoming dividend of ฿0.12 per share Eligible shareholders must have bought the stock before 25 August 2021. Payment date: 10 September 2021. Trailing yield: 3.0%. Lower than top quartile of Thai dividend payers (5.1%). Higher than average of industry peers (1.0%). Valuation Update With 7 Day Price Move • Aug 11
Investor sentiment improved over the past week After last week's 19% share price gain to ฿7.85, the stock trades at a trailing P/E ratio of 48x. Average trailing P/E is 23x in the Online Retail industry in Asia. Valuation Update With 7 Day Price Move • Jul 27
Investor sentiment improved over the past week After last week's 17% share price gain to ฿7.40, the stock trades at a trailing P/E ratio of 45.3x. Average trailing P/E is 24x in the Online Retail industry in Asia. Valuation Update With 7 Day Price Move • Jul 09
Investor sentiment improved over the past week After last week's 16% share price gain to ฿5.65, the stock trades at a trailing P/E ratio of 34.6x. Average trailing P/E is 26x in the Online Retail industry in Asia. Reported Earnings • May 16
First quarter 2021 earnings released: EPS ฿0.056 (vs ฿0.023 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: ฿292.9m (up 28% from 1Q 2020). Net income: ฿33.8m (up 226% from 1Q 2020). Profit margin: 12% (up from 4.5% in 1Q 2020). The increase in margin was driven by higher revenue. Aankondiging • Apr 30
Successmore Being Public Company Limited Approves Annual Dividend for the Period January 1, 2020 to December 31, 2020 Successmore Being Public Company Limited at its AGM held on 29 April 2021 approved the annual dividend payment for the financial year 2020 whose operating period is from January 1, 2020 to December 31, 2020 at the rate of THB 0.086 per share. In this regard, the company has paid two interim dividends at the rate of THB 0.052 per share, as a result, the remaining dividends are paid at the rate of THB 0.034 per share amounting to THB 20.40 million. The record date is May 10, 2021. The payment is due on May 28, 2021. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment improved over the past week After last week's 21% share price gain to ฿3.82, the stock trades at a trailing P/E ratio of 29.7x. Average trailing P/E is 27x in the Online Retail industry in Asia. Valuation Update With 7 Day Price Move • Mar 18
Investor sentiment improved over the past week After last week's 41% share price gain to ฿2.78, the stock trades at a trailing P/E ratio of 21.6x. Average forward P/E is 24x in the Online Retail industry in Asia. Reported Earnings • Feb 28
Full year 2020 earnings released: EPS ฿0.13 (vs ฿0.12 in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: ฿1.03b (down 6.5% from FY 2019). Net income: ฿64.0m (up 8.4% from FY 2019). Profit margin: 6.2% (up from 5.4% in FY 2019). The increase in margin was driven by lower expenses. Analyst Estimate Surprise Post Earnings • Feb 28
Revenue beats expectations Revenue exceeded analyst estimates by 8.3%. Over the next year, revenue is forecast to grow 3.1%, compared to a 60% growth forecast for the Online Retail industry in Thailand. Aankondiging • Feb 26
Successmore Being Public Company Limited, Annual General Meeting, Apr 29, 2021 Successmore Being Public Company Limited, Annual General Meeting, Apr 29, 2021, at 08:00 Coordinated Universal Time. Agenda: To ratify the minute of the Extraordinary General Meeting of Shareholder No.2/2020, held on 17 August 2020; to acknowledge Board of Directors' reporting on 2020 operating results; to approve the financial statements for the year ended 31 December 2020; to approve the appropriation of earnings and the dividend payment for the year 2020; to approve the election of directors to replace those retiring by rotation; to approve director's remunerations for the year 2021; to approve the appointment of the auditor and audit fees for the year 2021; and Other matters (if any). Aankondiging • Nov 27
Successmore Being Public Company Limited Announces to Appoint Naruephol Koslathip in Charge of Chief Financial Officer with Effect from 25 of November 2020 Successmore Being Public Company Limited announced to appointed Mr. Naruephol Koslathip in charge of Chief Financial Officer (CFO) with effect from 25th of November 2020 onwards. Reported Earnings • Nov 16
Third quarter 2020 earnings released: EPS ฿0.039 The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: ฿270.8m (down 3.4% from 3Q 2019). Net income: ฿18.0m (down 15% from 3Q 2019). Profit margin: 6.7% (down from 7.5% in 3Q 2019). The decrease in margin was driven by lower revenue. Aankondiging • Nov 13
Successmore Being Public Company Limited Executive Changes Successmore Being Public Company Limited announced that the Company's Board of Director Meeting on November 12, 2020 and has a solution to appoint Kenika Thannakornwat as the Corporate Secretary in placement of Sirivit Amcharoen. The appointment is effective from November 13, 2020 onwards. Aankondiging • Oct 15
Successmore Being Public Company Limited Announces Executive Changes Successmore Being Public Company Limited announced the resignation of Dr. Theerawat Thawanratphokin as a Chief Financial Officer in the company with effect from of October 14, 2020. In this regard, the company has appointed Ms. Kantapakon Attakamon who is currently Senior Accounting Manager in charge of Chief Financial Officer (Acting) with effect from of October 14, 2020 onwards.