The One Enterprise Public Company Limited (ONEE), a leading integrated content creator in Thailand generating revenue from multiple channels with expertise across various fields, has released its Q3 2024 financial report:

  • Total Revenue: 1,827.43 million baht, a 130.13 million baht increase (7.67%) from the previous quarter and a 76.96 million baht increase (4.40%) from the same quarter of the previous year.
  • Net Profit: 166.58 million baht, a 45.57 million baht increase (37.66%) from the previous quarter and a 13.12 million baht increase (8.55%) from the same quarter of the previous year.

The outstanding growth comes from the Content Marketing business segment, generating revenue from various content distribution channels including TV, Online, Copyright & Licensing, and Radio. This segment achieved 1,185.07 million baht in revenue, a 111.35 million baht increase (10.37%) from the previous quarter and a 112.43 million baht increase (10.48%) from the same quarter of the previous year. The company boasts numerous popular high-rating contents, including prime-time dramas like "The Lady and Her Lovers" the hit evening drama "Spike for Success" and the romantic comedy "Whispers of Love Song" (achieving a nationwide peak rating of 6.09). Popular variety shows targeting all generations include "The Golden Song", "Duan Pleng Ching Toon" and " Who Is Single?" News programs from "One News" are also gaining significant popularity, with shows like "Aao Hai Chad" (a top-rated news program), "Khao Yen Chong One" and "Reuang Yai Rai Sapdah" offering compelling and credible news. The success extends to diverse high-quality content distributed across offline and online platforms, with over 200 million followers across social media channels. The company also leverages revenue from licensing dramas and series to various OTT platforms globally, including " The Lady and Her Lovers", the series "Terror Tuesday: Extreme" (based on a radio program), "Affair", "LOVE LESSON 010”, " Peaceful Property", "We Are", "This Love Doesn't Have Long Beans" and more.

Idol Marketing, generating revenue from artists, encompassing Artist Management, Concert & Event organization, and merchandise sales, achieved 598.25 million baht in revenue, a 17.30 million baht increase (2.98%) from the previous quarter. This segment shows strong growth due to the increasing popularity of the company's artists, leveraging their appearances in popular dramas and series to reach a large domestic and international fanbase. Artists include Gemini-Fourth, Daou-Offroad, Bright Norraphat, Jimmy-Sea, Perth-Santa, Off-Gun, Pooh-Pavel, Sea-Keen, Milk-Love, etc., through appearances, endorsements, brand ambassadors for leading brands, merchandise sales, concerts, and fan meets worldwide. In Q3, the Concert & Event business showed significant growth compared to the previous quarter and the same period last year, with 48 events held domestically and internationally.

Production Business, encompassing Production Services and Studio Rental, strengthens the company's comprehensive service offerings. This segment contributed 35.70 million baht in revenue this quarter, a 6.64 million baht increase (22.84%) from the previous quarter.

Q4: Continued Revenue Growth Amidst Challenges

Despite high competition in the entertainment industry and the accessibility of online platforms leading to digital disruption, The One Enterprise has implemented comprehensive strategies to address these challenges. The company's focus on developing online content across all platforms increases business opportunities. The company is delivering premium oneD ORIGINAL content, including popular series achieving high ratings and online viewership. The highly successful series " The Empress of Ayodhaya " holds the top spot for post-news dramas, with over 7,473,000 TV viewers and over 100 million online views, propelling Channel One 31 to the #1 Prime Time slot. Further success is anticipated with upcoming series like "Thiicha" and "Spare Me Your Mercy" along with the company's leadership in producing Boy Love and Girl Love series. The Idol Marketing business, including artist management and Concert & Event organization, shows positive momentum in Q4 due to planned events.

The results demonstrate the company's effective operations, generating growth opportunities and sustainable returns for stakeholders amidst industry changes and challenges.