Forth Smart Service PCL (BKK:FSMART)
Thailand flag Thailand · Delayed Price · Currency is THB
6.50
+0.05 (0.78%)
Oct 27, 2026, 4:39 PM ICT

Forth Smart Service PCL Financials Overview

Millions THB. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year
TTMFY 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 Year
TTMFY 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 Year
CurrentFY 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 Year
TTMFY 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 Year
TTMFY 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 Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingOct '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
6.15%5.85%2.86%4.90%2.79%3.83%

Valuation

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingOct '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
8.948.3414.0918.4932.1822.59
Forward PE
7.396.7916.6716.6712.3712.37
P/FCF Ratio
12.8914.07-12.4721.179.88
PS Ratio
2.212.092.592.503.973.38