(Unit: M. Baht)

3Q 2021/22 REVENUE STRUCTURE

(Unit: M. Baht)

TOTAL OPERATING REVENUE

NET PROFIT (EXCL. NON-CONTROLLING INTERESTS)

EBITDA


(Unit: M. Baht)
Consolidated (THB mn) 3Q 2020/21 4Q 2020/21 1Q 2021/22 2Q 2021/22 3Q 2021/22
Total operating revenue 449 494 507 468 567
Cost of sales 372 451 374 349 415
Gross profit 76 44 133 119 152
EBITDA 42 -435 259 69 31
EBIT -98 -562 185 14 -28
Net profit (excl. non-controlling interests) -95 557 94 50 -17
Total assets 8,667 7,125 7,133 7,384 8,203
Total liabilities 5,099 4,305 4,050 4,232 4,321
Total shareholders' equity 3,568 2,820 3,083 3,152 3,882
Key Financial Ratios 3Q 2020/21 4Q 2020/21 1Q 2021/22 2Q 2021/22 3Q 2021/22
Profitability Ratios 
Gross profit margin (%) 17% 9% 26% 25% 27%
EBITDA margin (%) 9% -88% 51% 15% 5%
EBIT margin (%) -22% -115% 37% 3% -5%
Net profit margin (%) -17% -113% 19% 11% -3%
ROE1 (%) -18% -20% -13% -11% -8%
Liquidity Ratios
Current ratio (times) 0.7x 0.7x 0.7x 0.7x 1.2X
Efficiency Ratios
ROA2 (%) -12% -16% -11% -7% -6%
Asset turnover (times) 0.4x 0.3x 0.3x 0.3x 0.3X
Leverage Ratios
Liability to equity (times) 1.4x 1.4x 1.5x 1.3x 1.3X
Debt to equity (times) 0.4x 0.2x 0.2x 0.3x 0.3x

1 Net Profit (Annualised) / Average Total Shareholders’ equity (average of outstanding at end of the same period in the previous year and at end of this quarter)
2 Net Profit (Annualised) / Average Total Assets (average of outstanding at end of the same period in the previous year and at end of this quarter)

(Unit: M. Baht)

REVENUE STRUCTURE

(Unit: M. Baht)

REVENUE

NET PROFIT (LOSS)

EBITDA


Fiscal year ended 31 March

(Unit: M. Baht)
Consolidated (THB mn) 2018
(Restated)1
2019 Mar - 202 2020/213 2021/22
Total operating revenue 1,696 2,954 445 1,698 2,135
Cost of sales 901 1,901 306 1,226 1,664
Gross profit 795 1,052 139 472 472
EBITDA 463 459 (84) 284 278
EBIT 316 229 (118) 66 81
Net profit 272 161 (129) (992) 34
Total assets 4,380 9,187 9,187 7,125 6,425
Total liabilities 1,301 4,883 4,883 4,305 2,159
Total shareholders' equity 3,079 4,304 4,304 2,820 4,266
           
Key Financial Ratios 2018
(Restated)1
2019 Mar - 202 2020/213 2021/22
Profitability Ratios
Gross profit margin (%) 47% 36% 31% 28% 22%
EBITDA margin (%) 27% 16% -19% 17% 13%
EBIT margin (%) 19% 8% -27% 4% 4%
Net profit margin (%) 16% 5% -29% -58% 2%
ROE (%)4 14% 6% 0% -1% 0%
Liquidity Ratios
Current ratio (times) 1.6X 1.3X 0.8X 0.7X 1.3X
Efficiency Ratios
ROA 5 (%) 10% 5% -2% 1% 1%
Assets turnover (times) 0.6X 0.7X 0.4X 0.2X 0.3X
Leverage Ratios
Liability to equity (times) 0.5X 0.6X 1.1X 1.4X 0.6X
Debt to equity (times) 0.0X 0.2X 0.3X 0.3X 0.1X

1 The Company restates the financial performance starting from 1 August 2018 after the measurement of fair value of Trans.Ad Group’s identifiable assets was completed.
2 The Company has changed its fiscal year to start from April to March (Previous: January to December). Therefore, the statement of comprehensive income demonstrated 3-month ended March 2020.
3 Following to the disposal of 1) all of MACO’s domestic billboard assets and ordinary shares in Multi Sign Company Limited and Comass Company Limited and 2) 75.0% in VGI Global Media (Malaysia) Sdn. Bhd., the Company had restated profit and loss statement in 2020/21. The statement of financial position only as of 31 March 2021 had reflected the aforementioned disposal asset and investment. Therefore, the Company calculate the ratio, which related to statement of financial position in 2021/22 as an average of balance at the end of March 2021 and March 2022.
4 Net Profit (Annualised) / Average Total Shareholders’ equity (average of outstanding at end of the same period in the previous year and at end of this quarter)
5 Net Profit (Annualised) / Average Total Assets (average of outstanding at end of the same period in the previous year and at end of this quarter)