True Corporation PCL (BKK:TRUE)

True Corporation PCL Financials Overview

Financials in millions THB. Fiscal year is January - December.

Revenue & Profits

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue Revenue Growth	186,930	195,669	206,020	202,889	135,076	143,655
Revenue Growth	-8.64%	-5.03%	1.54%	50.20%	-5.97%	3.94%
Gross Profit Gross Profit Growth	70,092	65,604	60,951	56,410	31,591	38,182
Operating Income Operating Income Growth	40,987	36,420	28,950	16,921	-1,380	10,747
Net Income Net Income Growth	18,718	9,240	-10,966	-17,497	-18,285	-1,428
Earnings Per Share EPS Growth	0.53	0.27	-0.32	-0.51	-0.91	-0.07
EPS Growth	-	-	-	-	-	-

Revenue by Segment

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023
Mobile Mobile Growth	153,294	161,439	171,275	169,786
Pay TV Pay TV Growth	5,554	6,380	7,003	6,641
Broadband Internet and Others Broadband Internet and Others Growth	28,082	27,850	27,742	26,462
Total Total Growth	186,930	195,669	206,020	202,889

Cash & Debt

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Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Investments Cash & Investments Growth	16,036	18,035	26,959	33,777	27,164	22,176
Total Debt Total Debt Growth	428,422	433,651	435,965	477,523	401,780	371,677
Net Cash (Debt) Net Cash Growth	-412,386	-415,616	-409,006	-443,746	-374,616	-349,500
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share Net Cash Per Share Growth	-11.73	-12.03	-11.84	-12.84	-18.71	-17.46

Cash Flow & CapEx

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Operating Cash Flow Operating Cash Flow Growth	86,150	82,090	78,446	62,596	35,222	35,058
Capital Expenditures CapEx Growth	-28,222	-25,627	-26,280	-28,715	-39,193	-40,821
Free Cash Flow Free Cash Flow Growth	57,928	56,463	52,166	33,881	-3,971	-5,763
Free Cash Flow Growth	10.06%	8.24%	53.97%	-	-	-

Margins

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Gross Margin	37.50%	33.53%	29.59%	27.80%	23.39%	26.58%
Operating Margin	21.93%	18.61%	14.05%	8.34%	-1.02%	7.48%
Pretax Margin	9.26%	3.55%	-5.23%	-7.53%	-13.31%	-0.95%
Profit Margin	10.01%	4.72%	-5.32%	-8.62%	-13.54%	-0.99%
FCF Margin	30.99%	28.86%	25.32%	16.70%	-2.94%	-4.01%

Dividends

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Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 7, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Dividend Per Share Dividend Per Share Growth	0.240	0.310	-	-	-	0.117
Dividend Per Share Growth	0%	-	-	-	-	0%
Dividend Yield	1.78%	2.90%	-	-	-	1.54%

Valuation

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Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 7, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
PE Ratio	25.18	40.76	-	-	-	-
Forward PE	15.55	19.27	28.88	286.27	37.23	37.45
P/FCF Ratio	7.99	6.67	7.35	5.15	-	-
PS Ratio	2.48	1.93	1.86	0.86	1.20	1.11

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 7, 2026

Data Sources Report a data error