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DV8 Public Company Limited

DV8 Public Company Limited

DV8.BK
DV8 Public Company LimitedTH flagStock Exchange of Thailand
5.20
THB
- -
- -
8.43BMarket Cap
DV8 Public Company Limited
DV8.BK
(Stock Exchange of Thailand)

Recent

price

5.20

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
0.07
0.96
0.98
1.36
1.26
0.98
0.66
0.14
- -
0.07
0.24
0.26
0.36
0.13
0.11
0.1
0.09
Revenue per Share
-0.18
0.18
0.23
0.2
0.01
-3.9
-0.3
-0.66
-1.37
-0.5
- -
-0.06
-0.02
-0.03
- -
-0.03
-0.03
Basic EPS, GAAP
-0.47
-0.21
0.26
0.01
-0.33
-3.74
-0.71
-0.11
-0.23
-0.32
-0.13
-0.06
-0.02
0.02
0.01
- -
0.01
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
0.57
0.77
1
1.2
1.21
-1.94
-1.76
-2.17
-3.65
-1
-0.73
-0.79
-0.85
0.74
0.58
0.62
0.58
Book Value per Share
0.15
0.51
0.78
0.66
0.75
3.53
2.9
2.32
1.11
0.89
0.65
0.6
0.61
0.74
0.58
0.66
0.62
Tangible Book Value per Share
110
110
110
110
110
233
291
314
306
547
745
745
715
1,023
1,320
1,458
1,503
Basic Weighted Avg Shares
8
105
107
149
138
229
193
44
1
41
177
196
260
135
142
148
140
Sales/Revenue/Turnover
-25.12
29.18
27.92
16.68
-0.76
-393.9
-46.54
-246.99
-25,177.2
-361.2
-16.98
-25.22
-5.15
-26.41
4.39
-13.09
-8.6
Operating Margin (%)
- -
4
4
7
9
213
56
25
8
6
21
15
13
7
7
9
9
Depreciation Expense
-19
20
25
22
1
-909
-86
-207
-420
-273
1
-47
-14
-36
3
-39
-50
Net Income, GAAP
- -
29.13
23.42
20.7
39.75
- -
- -
- -
- -
- -
19.17
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
-236.66
19.26
23.29
14.91
0.82
-397.27
-44.63
-472.58
-68,563.49
-667.06
0.66
-24.14
-5.51
-26.52
2.42
-26.19
-35.99
Profit Margin (%)
8
26
55
52
55
596
629
258
53
468
394
360
340
715
722
934
895
Working Capital
- -
- -
- -
- -
4
5
3
1
- -
1
20
19
- -
10
10
15
14
LT Debt
58
93
118
140
141
949
919
780
338
487
503
457
444
760
763
969
938
Total Equity
- -
28.16
21.72
15.56
-0.3
- -
- -
- -
- -
- -
-5.46
- -
- -
- -
0.89
- -
- -
Return on Invested Capital (%)
- -
27.03
25.89
18.48
0.85
- -
- -
- -
- -
- -
-0.43
- -
- -
- -
0.57
- -
15.61
Return on Capital (%)
-27.01
27.65
25.89
18.46
0.86
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.45
-4.67
-6.24
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
3
4
4
LT Borrowings
- -
- -
- -
LT Finance Leases
8
15
14
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,622
1,622
1,622
Market Capitalization
9,394
6,786
7,664

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
1,160
980
949
Cash, Cash Equivalents & STI
1,063
887
866
Accounts Receivable, Net
32
30
21
Inventories
- -
- -
- -
Total Current Liabilities
43
46
54
Payables & Accruals
39
42
50
ST Debt
3
4
4
Deferred Revenue
1
1
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.89%
17.34%
27.02%
Free Cash Flow
-54.85%
-120.67%
-106.96%
Net Income, GAAP
-541.7%
-1,086.72%
-1,232.88%
Sales/Revenue/Turnover
673.16%
1.06%
4.55%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
22
32
44
44
142
2025
39
34
36
39
148
2026
30
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.01
- -
0.01
- -
- -
2025
-0.02
- -
0.11
- -
-0.03
2026
-0.02
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
DV8 Public Company Limited (DV8.BK) is a Thailand-based media and technology company that specializes in strategic radio advertising, content creation, brand activation, and digital innovations. The company supplies, produces, and co-produces point-of-sale advertising media; organizes events; develops online media; provides in-store auto media advertising and brand activation services; produces television satellite programs; and offers installation services for various projects, including software-as-a-service (SaaS) solutions for retail, enterprises, and government, as well as AI platforms and decentralized identity integrations. It also engages in wooden products production and explores emerging areas such as agri-tech joint ventures and carbon credit initiatives. DV8 primarily serves retailers and brands across Thailand, with over 5,000 stores utilizing its in-store radio media and influencer management services nationwide. Founded in 1978 and headquartered at 15 Phatthanakan Soi 56, Suan Luang District, Bangkok, the company formerly operated as Demeter Corporation Public Company Limited before changing its name to DV8 Public Company Limited in September 2020. Its operations focus on the media, advertising, and technology sectors, emphasizing in-store audio media distributed through department stores and convenience outlets via concessions. In recent developments, AsiaStrategy Topwin SG Pte. Ltd., a subsidiary of Top Win International Limited (Nasdaq: SORA), completed a tender offer in August 2025, acquiring approximately 7.07% of DV8's shares, with an additional voluntary offer for up to 11.58% announced earlier that year as part of a broader consortium involving Bitcoin-focused investors like 210k Capital, Kliff Capital, Sora Ventures, UTXO Management, and Mythos Group to expand into Web3 and digital assets. These strategic moves align with DV8's ongoing corporate restructuring, including revamped branding, digital infrastructure enhancements, tech collaborations for AI and decentralized identity, and expansions into in-store media analytics, SaaS development, and new business lines like agri-tech with Teera Group. Foreign ownership in DV8 stands at around 46%, reflecting growing international interest.