Forth Smart Service PCL (BKK:FSMART)
Thailand flag Thailand · Delayed Price · Currency is THB
7.25
-0.10 (-1.36%)
Aug 27, 2026, 4:38 PM ICT

Forth Smart Service PCL Financials Overview

Millions THB. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
2,2132,3392,3402,2172,4482,670
Revenue Growth
-8.05%-0.06%5.57%-9.46%-8.31%-6.66%
Gross Profit
741.15747.23698.67581.62611.21526.99
Operating Income
340.5398.1400.2273.3312.71490.23
Net Income
547.61586.78430.45299.45301.89400.06
Earnings Per Share
0.730.780.570.400.400.53
EPS Growth
0.72%36.32%43.75%-0.81%-24.54%-13.00%

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023
Period EndingJun '26 Dec '25 Dec '24 Dec '23
Unallocated Adjustments and Eliminations
---0.07-
Lending
382.3432.71207.4851.35
Top-up Machine
2,0252,0742,1082,013
Unallocated Other Income
157.77164.84159.73190.88
Total
2,5642,6722,4752,255

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
451.01392.11264.69270.2281.8364.03
Total Debt
908.91879.82926.66335.13472.45489.03
Net Cash (Debt)
-457.9-487.7-661.96-64.93-190.65-125.01
Net Cash Growth
------
Net Cash Per Share
-0.61-0.65-0.88-0.09-0.25-0.17

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
499.46479.67-241.44551.05604.071,026
Capital Expenditures
-119.66-131.66-48.81-107.05-145.05-111.87
Free Cash Flow
379.8348.01-290.25444459.02914.39
Free Cash Flow Growth
----3.27%-49.80%-6.59%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
33.48%31.95%29.85%26.24%24.96%19.73%
Operating Margin
15.38%17.02%17.10%12.33%12.77%18.36%
Pretax Margin
30.75%31.06%23.27%16.34%15.15%18.08%
Profit Margin
24.74%25.09%18.39%13.51%12.33%14.98%
FCF Margin
17.16%14.88%-12.40%20.03%18.75%34.24%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
0.4000.3800.2300.3600.3600.460
Dividend Per Share Growth
111.11%65.22%-36.11%0%-21.74%-23.33%
Dividend Yield
5.37%6.18%3.11%5.69%3.36%4.74%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
10.118.3414.0918.4932.1822.59
Forward PE
8.356.7916.6716.6712.3712.37
P/FCF Ratio
14.5714.07-12.4721.179.88
PS Ratio
2.502.092.592.503.973.38