Reported Earnings • Mar 01
Full year 2025 earnings released: EPS: ฿0.007 (vs ฿0.035 in FY 2024) Full year 2025 results: EPS: ฿0.007 (down from ฿0.035 in FY 2024). Revenue: ฿211.8m (down 21% from FY 2024). Net income: ฿13.9m (down 78% from FY 2024). Profit margin: 6.6% (down from 24% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 32% per year, which means it has not declined as severely as earnings. Announcement • Feb 27
Eureka Design Public Company Limited, Annual General Meeting, Apr 28, 2026 Eureka Design Public Company Limited, Annual General Meeting, Apr 28, 2026, at 14:00 SE Asia Standard Time. Announcement • Nov 29
Eureka Design Public Company Limited Announces Resignation of Kamol Rattanachai as Director, Independent Director, and Audit Committee Member, Effective November 28, 2025 Eureka Design Public Company Limited announced that Mr. Kamol Rattanachai has submitted his resignation from the positions of Director, Independent Director, and Audit Committee Member of the Company due to increased work commitments. The resignation is effective from November 28, 2025 onwards. Reported Earnings • Nov 15
Third quarter 2025 earnings released: ฿0.001 loss per share (vs ฿0.002 loss in 3Q 2024) Third quarter 2025 results: ฿0.001 loss per share (improved from ฿0.002 loss in 3Q 2024). Revenue: ฿44.1m (down 30% from 3Q 2024). Net loss: ฿1.43m (loss narrowed 53% from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 40% per year whereas the company’s share price has fallen by 36% per year. New Risk • Oct 15
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.6% average weekly change). Profit margins are more than 30% lower than last year (10% net profit margin). Market cap is less than US$100m (฿771.7m market cap, or US$23.7m). New Risk • Aug 16
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: 10% Last year net profit margin: 20% 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 Risk Share price has been highly volatile over the past 3 months (13% average weekly change). Minor Risks Profit margins are more than 30% lower than last year (10% net profit margin). Market cap is less than US$100m (฿941.1m market cap, or US$29.0m). New Risk • May 20
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 8.3% 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 Share price has been volatile over the past 3 months (8.3% average weekly change). Market cap is less than US$100m (฿1.20b market cap, or US$36.4m). Reported Earnings • May 16
First quarter 2025 earnings released: EPS: ฿0 (vs ฿0.011 in 1Q 2024) First quarter 2025 results: EPS: ฿0 (down from ฿0.011 in 1Q 2024). Revenue: ฿54.2m (down 14% from 1Q 2024). Net income: ฿87.0k (down 100% from 1Q 2024). Profit margin: 0.2% (down from 32% in 1Q 2024). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 25% per year, which means it has not declined as severely as earnings. Announcement • Apr 17
Eureka Design Public Company Limited Approves Appointment of Chutintorn Pookjinda as Director Eureka Design Public Company Limited at its AGM held on April 17, 2025, approved the appointment of Ms.Chutintorn Pookjinda as a director to replace the director who resigned. Reported Earnings • Feb 28
Full year 2024 earnings released: EPS: ฿0.035 (vs ฿0.033 in FY 2023) Full year 2024 results: EPS: ฿0.035 (up from ฿0.033 in FY 2023). Revenue: ฿268.3m (down 16% from FY 2023). Net income: ฿63.7m (up 6.1% from FY 2023). Profit margin: 24% (up from 19% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 24% per year whereas the company’s share price has fallen by 25% per year. Valuation Update With 7 Day Price Move • Dec 23
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ฿1.01, the stock trades at a trailing P/E ratio of 37.2x. Average trailing P/E is 10x in the Machinery industry in Thailand. Total loss to shareholders of 59% over the past three years. New Risk • Dec 02
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 6.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.4% average weekly change). Market cap is less than US$100m (฿1.13b market cap, or US$32.9m). Reported Earnings • Aug 15
Second quarter 2024 earnings released: EPS: ฿0.011 (vs ฿0.018 in 2Q 2023) Second quarter 2024 results: EPS: ฿0.011 (down from ฿0.018 in 2Q 2023). Revenue: ฿71.6m (down 28% from 2Q 2023). Net income: ฿20.6m (down 35% from 2Q 2023). Profit margin: 29% (down from 32% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Reported Earnings • May 16
First quarter 2024 earnings released: EPS: ฿0.011 (vs ฿0.008 in 1Q 2023) First quarter 2024 results: EPS: ฿0.011 (up from ฿0.008 in 1Q 2023). Revenue: ฿62.8m (down 13% from 1Q 2023). Net income: ฿20.2m (up 42% from 1Q 2023). Profit margin: 32% (up from 20% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 01
Full year 2023 earnings released: EPS: ฿0.033 (vs ฿0.053 in FY 2022) Full year 2023 results: EPS: ฿0.033 (down from ฿0.053 in FY 2022). Revenue: ฿318.1m (up 24% from FY 2022). Net income: ฿60.1m (down 17% from FY 2022). Profit margin: 19% (down from 28% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Announcement • Feb 29
Eureka Design Public Company Limited Announces Board Changes Eureka Design Public Company Limited at its board meeting held on February 28, 2024 Acknowledged the resignation of Mr. Krairug Kocha Audit Committee/Independent Director due to other missions that makes it impossible to perform duties as a director in the position and approved the appointment of Mrs. Sopich Intasaro Audit Committee/Independent Director replace the directors who resigned. Reported Earnings • Aug 13
Second quarter 2023 earnings released: EPS: ฿0.018 (vs ฿0.02 in 2Q 2022) Second quarter 2023 results: EPS: ฿0.018. Revenue: ฿100.1m (up 198% from 2Q 2022). Net income: ฿31.8m (up 21% from 2Q 2022). Profit margin: 32% (down from 78% in 2Q 2022). The decrease in margin was driven by higher expenses. Announcement • Aug 12
Eureka Design Public Company Limited Announces Board Changes Eureka Design Public Company Limited at its meeting held on August 11, 2023 Acknowledged the resignation of Mr.Pongsak Poolcharoen from the position of Audit Committee, Independent Director, effective from August 11, 2023. Approved the appointment of Miss Nattaphat Kulsirimongkol took the position member of the Audit Committee, Independent Director to replace the resigned director with effect from August 11, 2023 onwards. Valuation Update With 7 Day Price Move • Mar 21
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ฿1.14, the stock trades at a trailing P/E ratio of 28.1x. Average trailing P/E is 15x in the Machinery industry in Thailand. Total returns to shareholders of 71% over the past three years. Valuation Update With 7 Day Price Move • Feb 06
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ฿1.22, the stock trades at a trailing P/E ratio of 23.2x. Average trailing P/E is 20x in the Machinery industry in Thailand. Total returns to shareholders of 36% over the past three years. Valuation Update With 7 Day Price Move • Nov 30
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ฿1.27, the stock trades at a trailing P/E ratio of 22.8x. Average trailing P/E is 20x in the Machinery industry in Thailand. Total returns to shareholders of 25% over the past three years. Board Change • Nov 16
High number of new and inexperienced directors There are 10 new directors who have joined the board in the last 3 years. The company's board is composed of: 10 new directors. 2 experienced directors. No highly experienced directors. Independent Director Apiwat Khanthong is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Valuation Update With 7 Day Price Move • Oct 12
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ฿1.56, the stock trades at a trailing P/E ratio of 22.6x. Average trailing P/E is 23x in the Machinery industry in Thailand. Total returns to shareholders of 33% over the past three years. Valuation Update With 7 Day Price Move • Sep 26
Investor sentiment improved over the past week After last week's 55% share price gain to ฿1.87, the stock trades at a trailing P/E ratio of 26.2x. Average trailing P/E is 21x in the Machinery industry in Thailand. Total returns to shareholders of 46% over the past three years. Reported Earnings • Aug 16
Second quarter 2022 earnings released: EPS: ฿0.019 (vs ฿0.017 loss in 2Q 2021) Second quarter 2022 results: EPS: ฿0.019 (up from ฿0.017 loss in 2Q 2021). Revenue: ฿76.2m (up ฿71.2m from 2Q 2021). Net income: ฿26.2m (up ฿41.2m from 2Q 2021). Profit margin: 34% (up from net loss in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 19
First quarter 2022 earnings released: EPS: ฿0.02 (vs ฿0.017 loss in 1Q 2021) First quarter 2022 results: EPS: ฿0.02 (up from ฿0.017 loss in 1Q 2021). Revenue: ฿61.7m (up ฿57.7m from 1Q 2021). Net income: ฿27.5m (up ฿43.1m from 1Q 2021). Profit margin: 45% (up from net loss in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Board Change • Apr 27
High number of new and inexperienced directors There are 11 new directors who have joined the board in the last 3 years. The company's board is composed of: 11 new directors. 1 experienced director. No highly experienced directors. Independent Director Apiwat Khanthong is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Mar 03
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: ฿0.021 (up from ฿0.14 loss in FY 2020). Revenue: ฿157.6m (up 336% from FY 2020). Net income: ฿21.0m (up ฿127.1m from FY 2020). Profit margin: 13% (up from net loss in FY 2020). The move to profitability was primarily driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings. Executive Departure • Nov 29
Acting CFO & Chief Accountant Wanida Boonprom has left the company On the 17th of November, Wanida Boonprom's tenure as Acting CFO & Chief Accountant ended after less than a year in the role. We don't have any record of a personal shareholding under Wanida's name. A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 2.83 years. Reported Earnings • Oct 28
Third quarter 2021 earnings released: EPS ฿0.024 (vs ฿0.022 loss in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ฿74.3m (up ฿71.1m from 3Q 2020). Net income: ฿21.5m (up ฿41.0m from 3Q 2020). Profit margin: 29% (up from net loss in 3Q 2020). The move to profitability was 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 111 percentage points per year, which is a significant difference in performance. Executive Departure • Sep 23
MD, Acting Vice Chairman of the Board & CEO Ulit Jaturasangpairoj has left the company On the 17th of September, Ulit Jaturasangpairoj's tenure as MD, Acting Vice Chairman of the Board & CEO of the company ended after 1.6 years in the role. Ulit still personally held 62.90m shares (฿53m worth) as of June 2021. This is 7.1% of the company. A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 2.67 years. Under Ulit's leadership, the company delivered a total shareholder return of 76%. Executive Departure • Sep 11
Independent Director Thitisak Skulkroo has left the company On the 3rd of September, Thitisak Skulkroo's tenure as Independent Director ended. We don't have any record of a personal shareholding under Thitisak's name. A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 2.17 years. Reported Earnings • Aug 11
Second quarter 2021 earnings released: ฿0.017 loss per share (vs ฿0.035 loss in 2Q 2020) Second quarter 2021 results: Net loss: ฿14.9m (loss narrowed 40% from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 112 percentage points per year, which is a significant difference in performance. Executive Departure • Jul 23
Deputy MD, CFO, Company Secretary & Chief of Accountant Kitipong Rojsakthavorn has left the company During their tenure, earnings grew by 308% annually compared to the industry average of 31%. On the 15th of July, Kitipong Rojsakthavorn left the company after 1.5 in the role. We don't have any record of a personal shareholding under Kitipong's name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 2.00 years. Reported Earnings • May 17
First quarter 2021 earnings released: ฿0.017 loss per share (vs ฿0.034 loss in 1Q 2020) First quarter 2021 results: Net loss: ฿15.6m (loss narrowed 29% from 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 114 percentage points per year, which is a significant difference in performance. Executive Departure • Apr 02
Executive Director has left the company On the 26th of March, Rana Dhirabutra's tenure as Executive Director ended after less than a year in the role. As of December 2020, Rana personally held 9.75m shares (฿8.0m worth at the time). A total of 3 executives have left over the last 12 months. Reported Earnings • Mar 03
Full year 2020 earnings released Full year 2020 results: Net loss: ฿106.1m (loss widened ฿88.9m from FY 2019). Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Feb 22
New 90-day low: ฿0.76 The company is down 5.0% from its price of ฿0.80 on 24 November 2020. The Thai market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 8.0% over the same period. Reported Earnings • Nov 15
Third quarter 2020 earnings released: ฿0.022 loss per share The company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: ฿3.13m (down 87% from 3Q 2019). Net loss: ฿19.5m (down ฿21.5m from profit in 3Q 2019). Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 3% per year. Is New 90 Day High Low • Oct 26
New 90-day low: ฿0.78 The company is down 10.0% from its price of ฿0.87 on 24 July 2020. The Thai market is down 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is down 6.0% over the same period.