After You Past Earnings Performance

Past criteria checks 2/6

After You has been growing earnings at an average annual rate of 32.4%, while the Hospitality industry saw earnings growing at 34.7% annually. Revenues have been growing at an average rate of 20.3% per year. After You's return on equity is 19.1%, and it has net margins of 10.8%.

Key information

32.43%

Earnings growth rate

32.73%

EPS growth rate

Hospitality Industry Growth	-8.34%
Revenue growth rate	20.33%
Return on equity	19.11%
Net Margin	10.78%
Last Earnings Update	30 Jun 2026

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How After You makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

SET:AU Revenue, expenses and earnings (THB Millions)
Date	Revenue	Earnings	G+A Expenses
30 Jun 26	1,633	176	765
31 Mar 26	1,627	193	747
31 Dec 25	1,629	204	744
30 Sep 25	1,657	256	729
30 Jun 25	1,693	287	727
31 Mar 25	1,681	307	711
31 Dec 24	1,599	296	684
30 Sep 24	1,476	257	651
30 Jun 24	1,384	228	629
31 Mar 24	1,306	198	607
31 Dec 23	1,231	178	575
30 Sep 23	1,179	167	553
30 Jun 23	1,087	147	513
31 Mar 23	1,020	138	481
31 Dec 22	953	118	454
30 Sep 22	876	96	425
30 Jun 22	744	49	382
31 Mar 22	647	7	359
31 Dec 21	628	4	348
30 Sep 21	644	9	357
30 Jun 21	728	50	373
31 Mar 21	735	54	371
31 Dec 20	773	55	399
30 Sep 20	850	88	415
30 Jun 20	965	124	450
31 Mar 20	1,134	191	492
31 Dec 19	1,202	237	490
30 Sep 19	1,169	236	471
30 Jun 19	1,072	210	448
31 Mar 19	967	176	429
31 Dec 18	881	147	411
30 Sep 18	831	133	402
30 Jun 18	812	136	383
31 Mar 18	779	138	357
31 Dec 17	735	129	334
30 Sep 17	699	119	318
30 Jun 17	652	100	301
31 Mar 17	627	94	284
31 Dec 16	608	99	263
30 Sep 16	570	95	239
30 Jun 16	528	90	216
31 Mar 16	469	74	197
31 Dec 15	415	58	180

Quality Earnings: AU has high quality earnings.

Growing Profit Margin: AU's current net profit margins (10.8%) are lower than last year (17%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: AU's earnings have grown significantly by 32.4% per year over the past 5 years.

Accelerating Growth: AU's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: AU had negative earnings growth (-38.7%) over the past year, making it difficult to compare to the Hospitality industry average (-5.4%).

Return on Equity

High ROE: AU's Return on Equity (19.1%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/09/17 10:22
End of Day Share Price	2026/09/17 00:00
Earnings	2026/06/30
Annual Earnings	2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

After You Public Company Limited is covered by 6 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Salakbun Wongakaradeth	Globlex Securities Co. Ltd.
Sirilak Konwai	Krungsri Securities Public Company Limited
Sansanee Srijamjuree	Tisco Securities Co. Ltd.

After You Past Earnings Performance

Past criteria checks 2/6

Key information

Recent past performance updates

Second quarter 2026 earnings released: EPS: ฿0.04 (vs ฿0.064 in 2Q 2025)

First quarter 2026 earnings: EPS exceeds analyst expectations

Full year 2025 earnings released: EPS: ฿0.25 (vs ฿0.36 in FY 2024)

Third quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behind

Second quarter 2025 earnings: EPS and revenues miss analyst expectations

First quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behind

Recent updates

New major risk - Dividend sustainability

Second quarter 2026 earnings released: EPS: ฿0.04 (vs ฿0.064 in 2Q 2025)

Now 20% overvalued

First quarter 2026 earnings: EPS exceeds analyst expectations

Upcoming dividend of ฿0.25 per share

Consensus EPS estimates fall by 20%

Full year 2025 earnings released: EPS: ฿0.25 (vs ฿0.36 in FY 2024)

Dividend reduced to ฿0.25

After You Public Company Limited announces Annual dividend, payable on May 25, 2026

New major risk - Revenue and earnings growth

After You Public Company Limited, Annual General Meeting, Apr 27, 2026

Price target decreased by 7.3% to ฿6.01

Price target decreased by 8.3% to ฿6.31

Third quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behind

Now 20% undervalued after recent price drop

Price target decreased by 7.3% to ฿7.90

Price target decreased by 9.8% to ฿8.85

Second quarter 2025 earnings: EPS and revenues miss analyst expectations

Now 21% undervalued after recent price drop

Now 22% undervalued after recent price drop

Investor sentiment deteriorates as stock falls 15%

First quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behind

Price target decreased by 11% to ฿10.51

Upcoming dividend of ฿0.33 per share

Price target decreased by 8.5% to ฿11.90

Dividend increased to ฿0.33

Full year 2024 earnings: EPS exceeds analyst expectations

After You Public Company Limited, Annual General Meeting, Apr 25, 2025

Investor sentiment deteriorates as stock falls 16%

Third quarter 2024 earnings: EPS and revenues exceed analyst expectations

Consensus EPS estimates increase by 12%

Consensus EPS estimates increase by 11%

Price target increased by 10% to ฿12.30

Now 21% overvalued after recent price rise

Now 21% overvalued after recent price rise

Investor sentiment improves as stock rises 19%

New minor risk - Share price stability

Second quarter 2024 earnings: EPS exceeds analyst expectations

Price target decreased by 11% to ฿11.83

Now 23% overvalued after recent price rise

Upcoming dividend of ฿0.21 per share

Dividend increased to ฿0.21

Full year 2023 earnings: Revenues and EPS in line with analyst expectations

After You Public Company Limited Proposes Dividend for the Year 2023, Payable on 23 May 2024

Consensus EPS estimates fall by 11%

Second quarter 2023 earnings released: EPS: ฿0.05 (vs ฿0.042 in 2Q 2022)

Upcoming dividend of ฿0.15 per share at 1.4% yield

Full year 2022 earnings released: EPS: ฿0.14 (vs ฿0.005 in FY 2021)

Price target increased to ฿14.25

Third quarter 2022 earnings: EPS misses analyst expectations

Price target decreased to ฿12.75

Less than half of directors are independent

Price target decreased to ฿12.75

After You Public Company Limited Appoints Chamaiporn Tungkittisuwan as Chief Accountant (Acting)

First quarter 2022 earnings: EPS and revenues miss analyst expectations

Less than half of directors are independent

After You Public Company Limited, Annual General Meeting, Apr 25, 2022

Full year 2021 earnings: EPS and revenues miss analyst expectations

Third quarter 2021 earnings released: ฿0.016 loss per share (vs ฿0.034 profit in 3Q 2020)

Second quarter 2021 earnings released: ฿0.009 loss per share (vs ฿0.004 loss in 2Q 2020)

Consensus revenue estimates fall to ฿681.0m

Price target decreased to ฿12.00

First quarter 2021 earnings released: EPS ฿0.01 (vs ฿0.016 in 1Q 2020)

Upcoming dividend of ฿0.06 per share

New 90-day high: ฿11.90

After You Public Company Limited, Annual General Meeting, Apr 27, 2021

Full year 2020 earnings released: EPS ฿0.07 (vs ฿0.29 in FY 2019)

Revenue beats expectations

New 90-day high: ฿10.80