Page 112 - BTSGroup ONE REPORT 2021/22_EN
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110 l Introduction l Nature of Business l Organisation and Shareholding Structure l Business Review l Corporate Governance l Financial Statements l Other Information l
MIX Business
MIX revenue (THB mn) FY 2021/22 % of Total FY 2020/21 % of Total % Change (YoY)
OOH Advertising 1,555 36% 1,532 59% 2%
Transit 6 1,457 34% 1,319 51% 11%
Office & Other 98 2% 213 8% (54)%
Digital Services 7 1,228 29% 1,082 41% 14%
Distribution 1,514 35% - - -
Total 4,298 100% 2,614 100% 64%
6 Transit revenue includes transit media and transit related media.
7 Digital Services revenue includes revenue generating from (i) Rabbit Group, (ii) VGI Digital Lab, (iii) Rabbit Rewards, (iv) Bangkok Payment Solutions
Total MIX revenue in FY 2021/22 was THB 4,298mn, an increase of 64.4% The consolidation of Fanslink also resulted in a rising cost of sales, which
YoY or THB 1,684mn. This was mainly due to the 8-month consolidation of came to THB 3,265mn, an increase of THB 1,756mn or 116.4% YoY.
Fanslink and growth in the Digital Services segment. OOH Advertising revenue
contributed to 36%, Digital Services revenue 29% and Distribution revenue In FY 2021/22, the Company recorded share of loss from investments in KEX
35% of total MIX revenue. (compared to share of profit in FY 2020/21) resulting from aggressive pricing
strategy to maintain market leadership and there was no repeat recognition of
OOH Advertising revenue was THB 1,555mn, slightly increasing by 1.5% YoY the extraordinary gain from KEX's IPO of THB 513mn in this year. However, the
or THB 24mn. This uplift was mainly from the sales of Street Furniture media. Company recorded a lower share of loss from investment in MACO in this year.
Digital Services revenue increased by 13.5% YoY to THB 1,228mn, largely More commentary on VGI can be found in FY 2021/22 VGI’s management
due to a healthy growth in Rabbit Care Company Limited from higher insurance discussion and analysis:
commissions and lead generation. https://classic.set.or.th/set/pdfnews.
do?newsId=16535221941660&sequence=2022067513
Distribution revenue was THB 1,514mn, due to the 8-month consolidation of
Fanslink in August 2021.
