Page 66 - annual report AUCT 2025_Eng

Business Operation and Operating Results Corporate Governance Financial Statements Attachments
flow of vehicles circulating into the auction business remained ongoing. In addition, the Company remains
committed to expanding its business partnerships with both financial and non-financial institutions, as well
as managing its auction operations efficiently.
The Company’s performance in the year 2025 ended 31 December 2025 can be summarized
as follows:
(Unit: Million Baht)
Change
2023 2024 2025
% of
2024 / 2023
% of
2025 / 2024
Revenue from services 1,232.29 1,290.25 1,011.74 4.70% (21.59%)
Gross profit 616.38 651.08 438.77 5.63% (32.61%)
Profit from operating 460.25 490.24 283.57 6.52% (42.16%)
EBITDA 602.06 651.82 457.80 8.27% (29.77%)
Net profit 347.93 371.29 200.93 6.72% (45.88%)
EBITDA ratio 48.53 50.01 44.55 1.48 (5.46)
Net profit margin 28.04 28.49 19.55 0.44 (8.93)
In 2025, the Company’s net profit margin was 19.86%, decreased by 8.92 from the year 2024.
Revenue from services
The Company’s revenue from services in the year 2025 was summarized as follows:
2023 2024 2025
Revenue from services
Million Baht % Million Baht % Million Baht %
Revenue from auctions 1,004.60 81.52 1,094.93 84.86 831.54 82.19
Revenue from transportation and
additional services
227.69 18.48 195.32 15.14 180.20 17.81
Total 1,232.29 100.00 1,290.25 100.00 1,011.74 100.00
In 2025, the Company’s revenue from services was Baht 1,011.74 million (2024: Baht 1,094.93
million) decreased by Baht 278.51 million or 21.59% compared with the year 2024. This was a result of
the “You Fight, We Help” program, which led to a decrease in the number of repossessed vehicles entering
the auction yards and a reduction in the volume of completed auctions, as mentioned above.
66
Annual Registration Statement / Annual Report 2025
(Form 56-1 One Report)