Market Connections Asia Public Company Limited

Market Connections Asia Public Company Limited

1.23
THB
0.00
(0.00%)
0.07EPS
25.42P/E
301.30MMarket Cap
Nov 17Next Earn
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.97
1.62
2.59
2.86
3.56
3.85
Basic EPS, GAAP
0.01
0.07
0.14
0.09
0.08
0.05
Free Cash Flow per Basic Share
0.02
0.01
-0.11
-0.27
-0.06
0.05
Dividend per Share
0.07
0.1
0.09
0.04
0.04
0.05
Book Value per Share
0.37
0.43
1.3
1.34
1.37
1.34
Tangible Book Value per Share
0.35
0.41
1.28
1.32
1.35
1.31
Basic Weighted Avg Shares
230
230
182
230
230
230
Sales/Revenue/Turnover
224
373
471
658
818
887
Operating Margin (%)
1.74
5.72
6.44
3.69
3.25
2.31
Depreciation Expense
3
4
4
4
5
5
Net Income, GAAP
3
17
25
20
18
12
Effective Tax Rate (%)
10.38
19.42
15.27
19.2
18.85
18.35
Profit Margin (%)
1.22
4.43
5.33
3.04
2.26
1.34
Working Capital
32
41
227
220
243
222
LT Debt
11
9
- -
- -
- -
1
Total Equity
85
98
298
308
320
314
Return on Invested Capital (%)
- -
15.27
12.03
6.22
6.58
5.25
Return on Capital (%)
- -
16.18
12.65
6.62
5.21
3.54
Return on Common Equity (%)
- -
18.01
12.68
6.59
5.92
3.85

Capital Structure

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
1
1
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
1
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
230
230
230
Market Capitalization
232
267
301

Working Capital

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
348
372
339
Cash, Cash Equivalents & STI
47
68
70
Accounts Receivable, Net
213
194
192
Inventories
44
54
38
Total Current Liabilities
105
130
117
Payables & Accruals
91
105
84
ST Debt
- -
1
1
Deferred Revenue
- -
- -
- -

Growth Rates

THB

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
3.95%
Free Cash Flow
- -
- -
-76.13%
Net Income, GAAP
- -
- -
-7.55%
Sales/Revenue/Turnover
- -
- -
24.44%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
155
155
160
187
658
2025
184
190
225
220
818
2026
239
203
- -
- -
- -

Quarterly Earnings Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.03
0.03
0.02
0.02
0.09
2025
0.02
0.02
0.03
0.01
0.08
2026
0.02
-0.01
- -
- -
- -

Quarterly Dividends Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.05
- -
- -
0.04
2025
- -
0.05
- -
- -
0.04
2026
- -
0.05
- -
- -
- -

Company Description

CEO
Phakdee Laongam
Sector
Commercial services
Industry
Advertising/Marketing services
Address
Bangkok Thailand
IPO Date
Oct 26, 2023
Business
Market Connections Asia Public Company Limited is a Thailand-based provider of integrated marketing solutions, event activation, point-of-sale merchandising, and wholesale product distribution services. Founded in 2011 and headquartered in Bangkok, Thailand, the company operates across the marketing communications, retail marketing, and fast-moving consumer goods (FMCG) distribution sectors. The company serves multinational corporations, domestic enterprises, and brand owners across modern trade retail chains, traditional trade stores, and digital commerce channels throughout Thailand. The company delivers its core solutions across four primary business segments: Event Marketing and Brand Activation, Sales Promotion and Staffing Solutions, Retail Merchandising and Field Operations, and Distributor Services. Its comprehensive portfolio includes the planning, production, and execution of experiential marketing campaigns, product launches, roadshows, trade exhibitions, and press events; the recruitment, training, deployment, and supervisory management of professional sales promoters, product advisors, brand ambassadors, and booth staff; retail shelf stocking, visual merchandising, point-of-sale material (POSM) installation, retail store auditing, and real-time inventory visibility reporting; digital marketing management, influencer marketing coordination, online-to-offline (O2O) promotional campaigns, and digital content creation; and turnkey distributor solutions comprising product warehousing, logistics coordination, inventory control, and multi-channel fulfillment for food, beverage, personal care, and household consumer products across nationwide distribution networks. In recent developments, Market Connections Asia completed its initial public offering (IPO) and successfully listed its common shares on the Market for Alternative Investment (mai) under the Stock Exchange of Thailand. The company has executed a major strategic expansion into the FMCG distributor business to complement its marketing agency operations, securing new principal distribution partnerships with domestic and international consumer goods brands. Additionally, the company has upgraded its proprietary digital field-force tracking and retail audit software systems, expanding its technology-enabled marketing services and strengthening integrated supply chain and retail data analytics capabilities across its operational network.