Sky ICT Past Earnings Performance

Past criteria checks 5/6

Sky ICT has been growing earnings at an average annual rate of 20.4%, while the IT industry saw earnings growing at 14.3% annually. Revenues have been growing at an average rate of 6.2% per year. Sky ICT's return on equity is 11.6%, and it has net margins of 13.2%.

Key information

20.4%

Earnings growth rate

13.5%

EPS growth rate

IT Industry Growth	12.7%
Revenue growth rate	6.2%
Return on equity	11.6%
Net Margin	13.2%
Last Earnings Update	31 Dec 2023

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown
Beta

How Sky ICT makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

SET:SKY Revenue, expenses and earnings (THB Millions)
Date	Revenue	Earnings	G+A Expenses
31 Dec 23	4,119	542	521
30 Sep 23	3,685	409	474
30 Jun 23	3,285	249	454
31 Mar 23	3,147	115	435
31 Dec 22	2,795	213	416
30 Sep 22	2,450	135	366
30 Jun 22	2,477	181	349
31 Mar 22	2,483	209	369
31 Dec 21	3,001	41	354
30 Sep 21	3,579	117	355
30 Jun 21	3,860	129	384
31 Mar 21	3,810	144	382
31 Dec 20	3,542	150	370
30 Sep 20	2,974	35	378
30 Jun 20	3,936	182	345
31 Mar 20	3,980	208	303
31 Dec 19	3,961	219	284
30 Sep 19	3,609	248	253
30 Jun 19	1,932	105	217
31 Mar 19	1,355	102	187
31 Dec 18	966	109	156
30 Sep 18	1,110	125	125
30 Jun 18	1,011	95	108
31 Mar 18	805	41	92
31 Dec 17	539	5	71
30 Sep 17	346	-3	53
30 Jun 17	245	0	46
31 Mar 17	283	8	42
31 Dec 16	312	9	44
30 Sep 16	246	7	44
30 Jun 16	259	14	42
31 Mar 16	239	13	40
31 Dec 15	206	12	40
30 Sep 15	210	13	40
30 Jun 15	187	12	40
31 Mar 15	237	21	41
31 Dec 14	233	21	39
30 Sep 14	233	20	40
30 Jun 14	249	21	41
31 Mar 14	215	16	42
31 Dec 13	219	16	44

Quality Earnings: SKY has high quality earnings.

Growing Profit Margin: SKY's current net profit margins (13.2%) are higher than last year (7.6%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: SKY's earnings have grown significantly by 20.4% per year over the past 5 years.

Accelerating Growth: SKY's earnings growth over the past year (153.8%) exceeds its 5-year average (20.4% per year).

Earnings vs Industry: SKY earnings growth over the past year (153.8%) exceeded the IT industry 16.4%.

Sky ICT Past Earnings Performance

Past criteria checks 5/6

Key information

Recent past performance updates

Full year 2023 earnings released: EPS: ฿0.81 (vs ฿0.34 in FY 2022)

Third quarter 2023 earnings released: EPS: ฿0.20 (vs ฿0.06 loss in 3Q 2022)

Second quarter 2023 earnings released: EPS: ฿0.18 (vs ฿0.028 loss in 2Q 2022)

First quarter 2023 earnings released: EPS: ฿0.14 (vs ฿0.30 in 1Q 2022)

Third quarter 2022 earnings released: ฿0.06 loss per share (vs ฿0.02 profit in 3Q 2021)

Second quarter 2022 earnings released: ฿0.028 loss per share (vs ฿0.02 profit in 2Q 2021)

Recent updates

Sky ICT Public Company Limited, Annual General Meeting, Apr 26, 2024

Full year 2023 earnings released: EPS: ฿0.81 (vs ฿0.34 in FY 2022)

Third quarter 2023 earnings released: EPS: ฿0.20 (vs ฿0.06 loss in 3Q 2022)

Second quarter 2023 earnings released: EPS: ฿0.18 (vs ฿0.028 loss in 2Q 2022)

Sky ICT Public Company Limited has completed a Follow-on Equity Offering in the amount of THB 1.008 billion.

New minor risk - Shareholder dilution

First quarter 2023 earnings released: EPS: ฿0.14 (vs ฿0.30 in 1Q 2022)

Investor sentiment deteriorates as stock falls 18%

Investor sentiment improved over the past week

Third quarter 2022 earnings released: ฿0.06 loss per share (vs ฿0.02 profit in 3Q 2021)

High number of new directors

Sky ICT Public Company Limited Announces Executive Changes

Second quarter 2022 earnings released: ฿0.028 loss per share (vs ฿0.02 profit in 2Q 2021)

Sky ICT Public Company Limited Announces Executive Changes

Investor sentiment improved over the past week

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Less than half of directors are independent

Sky ICT Public Company Limited, Annual General Meeting, Apr 29, 2022

Full year 2021 earnings: EPS and revenues exceed analyst expectations

Third quarter 2021 earnings released: EPS ฿0.02 (vs ฿0.04 in 3Q 2020)

Chief Accounting Jakkapan Intawong has left the company

Second quarter 2021 earnings released: EPS ฿0.02 (vs ฿0.046 in 2Q 2020)

First quarter 2021 earnings released: EPS ฿0.022 (vs ฿0.035 in 1Q 2020)

Sky ICT Public Company Limited, Annual General Meeting, Apr 28, 2021

Full year 2020 earnings released: EPS ฿0.27 (vs ฿0.42 in FY 2019)

Revenue and earnings beat expectations

New 90-day low: ฿11.30

New 90-day low: ฿11.50

Sky ICT Public Company Limited Announces Executive Changes

Third quarter 2020 earnings released: EPS ฿0.04

New 90-day low: ฿12.30

Sky ICT Public Company Limited Announces Resignation of Mr. Bodin Apisaksirikul as Audit Committee and Independent Director of the Company

New 90-day low: ฿13.00

New 90-day low - ฿13.20

Earnings released

Sky ICT Public Company Limited (SET:SKY) agreed to acquire 46.8% stake in SAL Group (Thailand) Company Limited from Triple i Logistics Public Company Limited (SET:III) and My Box Company Limited for approximately THB 210 million.

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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Revenue & Expenses Breakdown
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