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Humanica (HUMAN) investor relations material
Humanica Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2025 earnings summary22 Aug, 2025
Executive summary
Q2 2025 revenue grew 5% year-over-year to 363mb, with recurring revenue making up 75% of total revenue and gross profit up 7%.
Interim financials for H1 2025 showed consolidated revenue of Baht 736.5 million and net profit of Baht 164.1 million, both up year-over-year.
Revenue growth was driven by new client acquisitions, regional expansion, and strong performance in HR management and accounting services.
Major treasury stock repurchase and new investments in subsidiaries, including Cadena, expanded HRIS capabilities and regional presence.
No material misstatements were found in the interim financials for the six months ended 30 June 2025.
Financial highlights
Q2 2025 revenue: 363mb, up 5% year-over-year; gross profit: 186mb, up 7%; net profit: 82mb, up 1% from Q2 2024.
H1 2025 consolidated revenue: Baht 736.5 million; net profit attributable to owners: Baht 164.1 million.
Net profit margin for H1 2025 was 22.3%, with gross margin stable and cost of sales at Baht 352.2 million.
Recurring revenue proportion increased from 70% to 75% year-over-year.
Basic and diluted EPS for six months were Baht 0.19; Q2 2025 EPS was 0.40 Baht.
Segment performance
Recurring income generated from enterprise and mid-market segments across Indonesia, Singapore, Malaysia, Vietnam, and the Philippines.
Human resource management system services contributed Baht 638.5 million in revenue for six months, with segment profit of Baht 192.1 million.
Thailand remains the largest market, followed by Indonesia and other Southeast Asian countries.
New sales contracts in Q2 2025 totaled 164mb, with SaaS and ERP as key contributors.
Professional service, implementation, and project management maintain a 65% retention rate.
Explain the 65% professional service target
What is the mid-market strategy for Vietnam?
How do Sunfish and Japan products compete?
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Frequently asked questions
Humanica Public Company Limited is a Thailand-based provider of human resources (HR) solutions and services. The company specializes in offering HR outsourcing, payroll processing, and cloud-based HR management software to clients across various industries. Humanica’s services support functions such as employee data management, benefits administration, and compliance, helping organizations streamline their HR operations. In addition to core HR services, the company provides enterprise resource planning (ERP) solutions to enhance business efficiency and integration. The company is headquartered in Bangkok, Thailand, and its shares are listed on the Stock Exchange of Thailand.
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