WinstonWınston
Back
Mono Next Public Company Limited logo

Mono Next Public Company Limited

MONO.BK
25
Entertainment · Communication Services
Price
0.58 THB
-0.01 (-1.69%)
Market Cap
2.01B THB
Exchange
Stock Exchange of Thailand
Winston Score
25
Winston is worried
Below-average fundamentals — multiple weak pillars.
Data as of Aug 23, 2026 · filings through Jun 30, 2026
How the score breaks down
Quality
Mixed
Growth
Weak
Cash Flow
Mixed
Stability
Weak
Valuation
Data not available

Winston Score History

The full picture

Mono Next Public Company Limited is a Thai entertainment and media company based in Bangkok, Thailand. It operates television channels, produces and distributes content, and runs digital platforms that deliver movies, series, and other entertainment to Thai audiences. The company is one of Thailand's mid-sized media groups, with businesses spanning free-TV broadcasting, online streaming, and content licensing.

Mono Next earns money through advertising revenue on its TV channels, subscription and licensing fees from its digital streaming services, and content sales. It operates almost entirely within Thailand, making it heavily dependent on the domestic advertising market and local consumer spending on entertainment. The company faces real competitive pressure from global streaming platforms like Netflix and YouTube, which have strong footholds in Thailand, and its negative operating margin signals that costs are currently outpacing revenue — managing that gap while growing its digital audience is the central challenge ahead.

Growth Profile

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

+11.9% YoY

YoY Growth Rate

Steady revenue growth

EPS Growth

-75.0% YoY

YoY Growth Rate

Earnings declining

R&D Spend

0 THB/ year

0.0% of revenue

Below sector average (12%)

Research and development spending

Insider Activity

73.4%ownership

Insiders own a meaningful stake in the company

Cash Position

Cash flow positive

41M THB cash & investments

Quarterly Free Cash Flow

↓ Burn rate worsening

Company generates more cash than it spends — no dilution risk from fundraising

Growth + cash flow

Mono Next Public Company Limited is a rare growth stock that's already generating positive cash flow while growing at 12%. The Winston Score doesn't fully credit this transition from "burner" to "earner."

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Share count broadly stable

0.0% over 4y

The share count has stayed roughly flat over this period — little dilution or buyback activity.

Diluted shares outstanding: 3.47B (2021) → 3.47B (2025)

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Profit per sale
Gross Margin
34.8%
Modest — 34.8% gross margin
Profit after running costs
Operating Margin
11.4%
Modest — 11.4% operating margin
Return on the money invested
ROCE
-12.2%
Weak — -12.2% return on capital

Negative ROIC means the business is losing money on every dollar invested in it.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales growth
Sales YoY
-0.8%
Shrinking sales (-0.8% YoY)
Profit growth
EPS YoY
N/A
Data not available
How steady the profit is
EPS Consistency
3/8 quarters
Earnings rarely grow — volatile business

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Profit that turns into cash
Cash Conversion
N/A
Data not available
Spare cash per sale
FCF Margin
30.9%
Converts sales into free cash efficiently (30.9%)

Free cash flow margin above 20%. Out of every $100 in sales, more than $20 is real cash they keep.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

What it owes vs what it owns
Debt / Equity
135.83
Heavy debt load (135.83)
Covers its interest
Interest Cover
N/A
Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

Price vs profit
P/E Ratio (TTM)
N/M
Negative earnings — P/E not meaningful
Cheaper or dearer next year
P/E vs Forward
N/A
not available
Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Not applicable for this business.
🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.
Start free trial