Dexon Technology Public Co., Ltd.

Dexon Technology Public Co., Ltd.

0.98
THB
-0.03
(-2.97%)
-0.10EPS
414.56MMarket Cap
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1.21
1.28
1.44
1.58
1.7
1.72
Basic EPS, GAAP
0.05
0.22
0.11
0.07
-0.13
-0.1
Free Cash Flow per Basic Share
0.02
0.13
-0.54
0.03
0.02
0.16
Dividend per Share
- -
0.26
0.02
0.05
0.06
- -
Book Value per Share
0.43
0.57
1.56
1.56
1.37
1.3
Tangible Book Value per Share
0.38
0.48
1.48
1.48
1.29
1.23
Basic Weighted Avg Shares
359
477
446
477
477
477
Sales/Revenue/Turnover
433
609
644
755
811
822
Operating Margin (%)
6.36
19.8
8.8
4.82
-6.18
-5.25
Depreciation Expense
78
87
114
107
121
121
Net Income, GAAP
18
105
50
34
-60
-50
Effective Tax Rate (%)
10.28
7.81
4.19
9.82
- -
- -
Profit Margin (%)
4.19
17.28
7.81
4.45
-7.36
-6.05
Working Capital
-16
-22
337
331
312
300
LT Debt
94
62
12
9
58
45
Total Equity
203
273
744
745
651
620
Return on Invested Capital (%)
- -
23.11
8.28
4.27
- -
- -
Return on Capital (%)
- -
23.66
8.53
4.58
- -
- -
Return on Common Equity (%)
- -
44.2
9.9
4.51
-8.55
-6.95

Capital Structure

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
154
148
134
LT Borrowings
29
22
15
LT Finance Leases
29
25
29
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
477
477
477
Market Capitalization
572
491
415

Working Capital

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
548
516
520
Cash, Cash Equivalents & STI
191
202
216
Accounts Receivable, Net
131
114
117
Inventories
53
56
51
Total Current Liabilities
236
229
220
Payables & Accruals
69
60
60
ST Debt
154
148
134
Deferred Revenue
5
15
21

Growth Rates

THB

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
-12.6%
Free Cash Flow
- -
- -
-25.24%
Net Income, GAAP
- -
- -
-277.72%
Sales/Revenue/Turnover
- -
- -
7.41%
Total Cash Common Dividend
- -
- -
15.38%

Quarterly Revenue

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
142
193
185
235
755
2025
153
184
208
266
811
2026
155
192
- -
- -
- -

Quarterly Earnings Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.01
0.05
-0.02
0.1
0.07
2025
-0.08
-0.06
-0.03
- -
-0.13
2026
-0.07
- -
- -
- -
- -

Quarterly Dividends Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.05
- -
- -
0.05
2025
- -
- -
- -
- -
0.06
2026
- -
- -
- -
- -
- -

Company Description

CEO
Mallika Kaekla
Sector
Commercial services
Industry
Miscellaneous commercial services
Address
Rayong Thailand
IPO Date
Mar 31, 2023
Business
Dexon Technology Public Company Limited provides non-destructive testing, inline inspection, asset integrity management, and specialized engineering assessment services for the oil and gas, petrochemical, power generation, refining, and renewable energy industries. The company delivers a comprehensive portfolio of technical solutions categorized across multiple specialized service divisions: Non-Destructive Testing Services, comprising conventional testing methods such as radiographic testing, manual ultrasonic testing, magnetic particle testing, liquid penetrant testing, and visual inspection, alongside advanced testing technologies including phased array ultrasonic testing, time-of-flight diffraction, pulsed eddy current, acoustic emission testing, long-range ultrasonic testing, and electromagnetic acoustic transducer testing; Inline Inspection Services, offering intelligent pigging solutions such as ultrasonic rotary inspection, ultrasonic crack detection, magnetic flux leakage pigging, caliper and geometry mapping, and deformation assessment for transmission pipelines; Specialized Asset Integrity and Engineering Services, encompassing fitness-for-service evaluations, risk-based inspection planning, pipeline integrity management systems, remnant life assessment, finite element analysis, furnace tube inspection, tank and pressure vessel inspection, heat exchanger tube testing, and certified rope access inspection; Research, Development, and Tool Fabrication, focusing on the proprietary engineering, assembly, and customization of robotic crawlers, unpiggable pipeline inspection tools, subsea inspection systems, and data analytics software; and Technical Training Services, conducted through its dedicated training facilities to provide industry-certified training programs in non-destructive testing methods, rope access, and industrial safety. Founded in 1996 and headquartered in Ban Chang, Rayong, Thailand, the company serves international markets across Southeast Asia, North America, Europe, South America, and the Middle East through subsidiaries and operating entities including Dexon Technology USA Inc., Dexon Europe B.V., Dexon Technology Pte. Ltd., and Dexon Training Center Co., Ltd. In recent developments, the company completed its initial public offering on the Market for Alternative Investment of the Stock Exchange of Thailand to finance fleet expansion and global commercialization. The company has since accelerated its international market penetration, expanding operational facilities in North America and Europe to capture demand for ultrasonic crack and metal loss inspection in regional pipeline networks. Furthermore, the company has expanded its proprietary research and development programs, rolling out next-generation intelligent pigging tools for challenging and unpiggable pipeline geometries, commercializing high-temperature furnace tube inspection services for international petrochemical operators, and developing inspection capabilities adapted for hydrogen transport and renewable energy infrastructure.