the average users per month in 2021 which was 4.75 million, representing an average increase of 1.32 million or an increase of 27.76%. The main reason for the decline in user spending was the

have booked in late 2017 and hence limited our ability to generate more license sales in 2018. Cost of Service Despite an 8.5% increase in revenue, our cost of service decreased by 4.44 mb or 1.5 % to

contract was due. 3) Considering more credit tightly and following up on debts closely, this is to prevent incurring bad debts that may be occurred in the near future. 4) Taking care our employees, the Group

increased by 21.1%, compared to the same period of 2018 FINANCIAL PERFORMANCE Consolidated Financial Statements 2018 2019 Increase/ (Decrease) THB mm THB mm % Total Revenue/1 11,622.2 13,385.8 15.2% Total

1,386.4mn was from units transferred to customers • Gross profit of THB 397.1mn, 288.4% increase YoY, which made a gross profit margin of 28.6% or 33.1% if exclude UNIXX project which sold at special discount

users per month in 2Q2022 was 6.57 million, up from the average users per month in 2Q2021 which was 4.38 million, represent- ing an average increase of 2.19 million or an increase of 49.94%. The main

from investment in a company possessing a water treatment contract with Patong Municipality, Phuket Province of a subsidiary. It’s started to recognize revenue from 4 January 2019. 2.2 Income from

. However, gross profit increased from 12.3% in Q1/2019 to 14.4% in Q1/2020. 2. Management Service (“MS”) had a increase in gross profit for Baht 6 million. Main reason was both client retention and new

ended 31 March 2021 which was reviewed by the auditor. The Company’s overall performance can be summarized as follows: Performance (Statement of comprehensive income) 1Q2021 1Q2020 Increase/ (Decrease

exchange Earnings from operation before change in operating assets and liabilities Operating assets (increase) decrease Long-term deposits at financial institutions Securities purchased under reverse