GMM Grammy Past Earnings Performance

Past criteria checks 0/6

GMM Grammy's earnings have been declining at an average annual rate of -8.2%, while the Entertainment industry saw earnings growing at 10.9% annually. Revenues have been declining at an average rate of 6.3% per year.

Key information

-8.2%

Earnings growth rate

-8.7%

EPS growth rate

Entertainment Industry Growth	3.2%
Revenue growth rate	-6.3%
Return on equity	-8.3%
Net Margin	-2.2%
Last Earnings Update	31 Dec 2023

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown
Beta

How GMM Grammy makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

SET:GRAMMY Revenue, expenses and earnings (THB Millions)
Date	Revenue	Earnings	G+A Expenses
31 Dec 23	5,931	-133	2,153
30 Sep 23	5,988	25	2,050
30 Jun 23	6,014	187	2,000
31 Mar 23	5,706	263	1,956
31 Dec 22	5,222	166	1,916
30 Sep 22	4,437	206	1,817
30 Jun 22	4,015	104	1,750
31 Mar 22	3,899	4	1,740
31 Dec 21	3,888	497	1,732
30 Sep 21	4,600	136	1,910
30 Jun 21	4,800	159	1,932
31 Mar 21	4,718	182	1,918
31 Dec 20	5,032	-175	1,965
30 Sep 20	5,167	237	1,884
30 Jun 20	5,599	264	1,923
31 Mar 20	6,130	324	2,051
31 Dec 19	6,634	342	2,118
30 Sep 19	6,862	177	2,188
30 Jun 19	6,941	129	2,235
31 Mar 19	7,191	112	2,216
31 Dec 18	6,977	15	2,214
30 Sep 18	6,771	405	2,315
30 Jun 18	7,020	-383	2,666
31 Mar 18	7,258	-426	2,852
31 Dec 17	7,696	-384	3,037
30 Sep 17	7,365	-1,017	2,968
30 Jun 17	7,576	-255	2,798
31 Mar 17	7,466	-372	2,853
31 Dec 16	7,415	-520	2,862
30 Sep 16	8,159	-1,552	3,174
30 Jun 16	8,164	-1,680	3,218
31 Mar 16	8,441	-1,707	3,302
31 Dec 15	8,724	-1,145	3,528
30 Sep 15	9,053	-401	3,596
30 Jun 15	9,390	-426	3,744
31 Mar 15	9,341	-506	3,830
31 Dec 14	9,048	-1,184	3,794
30 Sep 14	9,382	-944	3,868
30 Jun 14	9,606	-836	3,981
31 Mar 14	10,322	-499	4,100
31 Dec 13	10,907	-464	4,192
30 Sep 13	10,982	-715	4,170
30 Jun 13	10,970	-633	4,106

Quality Earnings: GRAMMY is currently unprofitable.

Growing Profit Margin: GRAMMY is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: GRAMMY is unprofitable, and losses have increased over the past 5 years at a rate of 8.2% per year.

Accelerating Growth: Unable to compare GRAMMY's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: GRAMMY is unprofitable, making it difficult to compare its past year earnings growth to the Entertainment industry (3.1%).

Return on Equity

High ROE: GRAMMY has a negative Return on Equity (-8.31%), as it is currently unprofitable.

GMM Grammy Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

Full year 2023 earnings released: ฿0.16 loss per share (vs ฿0.20 profit in FY 2022)

Third quarter 2023 earnings released: ฿0.06 loss per share (vs ฿0.14 profit in 3Q 2022)

Second quarter 2023 earnings released: EPS: ฿0.01 (vs ฿0.03 in 2Q 2022)

GMM Grammy Public Company Limited to Report Q2, 2023 Results on Aug 11, 2023

First quarter 2023 earnings released: EPS: ฿0.002 (vs ฿0.19 loss in 1Q 2022)

Third quarter 2022 earnings released: EPS: ฿0.06 (vs ฿0.02 in 3Q 2021)

Recent updates

New minor risk - Share price stability

GMM Grammy Public Company Limited, Annual General Meeting, Apr 29, 2024

Full year 2023 earnings released: ฿0.16 loss per share (vs ฿0.20 profit in FY 2022)

New minor risk - Share price stability

Third quarter 2023 earnings released: ฿0.06 loss per share (vs ฿0.14 profit in 3Q 2022)

GMM Grammy Public Company Limited Appoints Kittisak Chuang-a-roon as (Acting) Chief Strategic Officer-Music 2, Effective September 1, 2023

New minor risk - Earnings quality

Second quarter 2023 earnings released: EPS: ฿0.01 (vs ฿0.03 in 2Q 2022)

Investor sentiment improves as stock rises 19%

GMM Grammy Public Company Limited to Report Q2, 2023 Results on Aug 11, 2023

First quarter 2023 earnings released: EPS: ฿0.002 (vs ฿0.19 loss in 1Q 2022)

Third quarter 2022 earnings released: EPS: ฿0.06 (vs ฿0.02 in 3Q 2021)

Less than half of directors are independent

Second quarter 2022 earnings released: EPS: ฿0.03 (vs ฿0.02 loss in 2Q 2021)

First quarter 2022 earnings: EPS and revenues miss analyst expectations

Less than half of directors are independent

GMM Grammy Public Company Limited, Annual General Meeting, Apr 29, 2022

Full year 2021 earnings: EPS and revenues miss analyst expectations

Third quarter 2021 earnings released: EPS ฿0.016 (vs ฿0.045 in 3Q 2020)

Second quarter 2021 earnings released: ฿0.02 loss per share (vs ฿0.009 profit in 2Q 2020)

First quarter 2021 earnings released: EPS ฿0.49 (vs ฿0.05 in 1Q 2020)

New 90-day high: ฿10.20

Full year 2020 earnings released: ฿0.21 loss per share (vs ฿0.42 profit in FY 2019)

GMM Grammy Public Company Limited, Annual General Meeting, Apr 30, 2021

Gmm Grammy Public Company Limited Announces Executive Changes

GMM Grammy Public Company Limited Announces Resignation of Director

GMM Grammy Public Company Limited Appoints Sunyaluck Chaikajornwat as an Independent Director, Member of Audit Committee and Member of Corporate Governance and Ethics Committee

GMM Grammy Public Company Limited Announces Resignation of Warathorn Wongsawangsiri as Independent Director, Member of the Audit Committee, and Member of the Corporate Governance and Ethics Committee

The One Enterprise Company Limited entered into an agreement to acquire GMM Channel Holding Company Limited from GMM Grammy Public Company Limited (SET:GRAMMY) and Siridamrongdham Co., Ltd. for THB 1.2 billion.

Third quarter 2020 earnings released: EPS ฿0.045

New 90-day low: ฿8.90

New 90-day low: ฿9.20

New 90-day low: ฿9.25

New 90-day high - ฿10.10

First half earnings released

New 90-day high - ฿9.90

Revenue & Expenses BreakdownBeta

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

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