Page 25 - annual report AUCT 2025_Eng

Business Operation and Operating Results Corporate Governance Financial Statements Attachments
Total Revenue Structure of the Company for the past 3 years as follows:
2023 2024 2025
Million
Baht %
Million
Baht %
Million
Baht %
Vehicles auction income 1,004.60 80.98 1,094.93 84.00 831.54 80.91
Transportation services income 227.69 18.35 195.32 14.98 180.20 17.53
Total service revenue 1,232.29 99.33 1,290.25 98.99 1,011.74 98.45
Other income 8.32 0.67 13.21 1.01 15.97 1.55
Total revenue 1,240.61 100.00 1,303.46 100.00 1,027.71 100.00
Development of a auction management system
The Company developed software to support new auction patterns and developed a modern
information technology system to support data services for both buyers and sellers which can be customized
according to customer requirements.
Bidding with the application system
The Company developed a new auction pattern to meet the needs of bidders and increase
transparency in order to build both the buyer's and sellers confidence. The focus is on using software
technology to change auction patterns from raising bidding cards to bidding through the application system.
“AUCT LIVE” system, improved and used over 9 years to accommodate bidders who want to
participate in bidding from any location that has internet access. Online bidders see a live video feed and
hear the audio from the auction site via the Application. The Company used to rent software from overseas
that was very expensive. In the middle of 2016, the Company started using the AUCT LIVE system that
the Company developed and it was successful which aims to reverse bidding patterns to a whole digital
bidding system. Through the use of the application, the bidder’s behavioral data will be collected at every
stage and this increases transparency and the ability to monitor at all times. The system has been continually
developed until the present. At present, the Company is developing an updated version of the AUCT LIVE
system to make it more modern and better responsive to usage. It is expected that it will be completed
and ready for use within the middle of 2026.
Auction System on a Mobile Application with Audio and Video from a Live Location
The Company developed an E-Auction System under the name "AUCT LIVE", which supports
online auction by displaying live video and audio from the auction site in real time. The system is still limited
to display video and audio on computers and notebooks only. The Company is developing the system to
increase the capability to support auctions through the AUCT Live System with video and audio for all
บริิษััท สหการประมููล จำำากัด (มหาชน)
Union Auction Public Company Limited
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