Micro Leasing Public Company Limited · SET:MICRO
Micro Leasing Public — Q1 2026 Earnings Presentation
30 slides from Micro Leasing Public's earnings presentation, May 2026
Slide 1: Micro Leasing Group Earnings Call (OPP DAY) Q1'2026
MICRO LEASING GROUP Earnings Call (OPP DAY) Q1’2026 May 2025 Strictly Private & Confidential
Slide 2: Disclaimer
Disclaimer This document has been prepared for the purpose of providing financial statements information and past performance of the Company for dissemination to investors to use as information in making a preliminary decision only. This does not constitute an offer, incentive, advice or consultatio
Slide 3: Content
Content Performance Company Profile Financial Statement Overview Business Plan Q&A 3
Slide 4: Company Profile
Company Profile SECTION 1
Slide 5: Company Overview
Company Overview Micro Leasing Public Company Limited (“MICRO”) was established in 1994 and is principally engaged in providing hire purchase loans to individual and corporate customers who intend to purchase commercial vehicles such as 6-wheel trucks, 10-wheel trucks, trailers, and commercial truck
Slide 6: Company Overview
Company Overview Nov, 1994 Sep, 2019 2021-2022 2025 Apr, 2026 Micro Leasing Company Transform into Micro Start 13 new branches (C4, E2, N2 & NE5). Tris rating : MICRO Company rating affirmed at “BB”, Paid 1 tranche Debentures Limited was established Leasing Public Company Tris rating : MICRO company
Slide 7: Company Overview
Company Overview Thai Institute of Directors Association Corporate Governance Report 4 Stars “Very Good” Thai Investors Association AGM Checklist 2025 5 Coins “Excellent 100 Point” TRIS Rating Company Rating “BB/Stable” The British Standards Institution Information Security Management “ISO/IEC 27001
Slide 8: Hire Purchase Portfolio
Hire Purchase Portfolio Other Brands 33.7% 29.2% 2.0% 5.0% 30.1% 10 and 12-wheeler trucks 6-wheeler trucks Commercial tractors Trailers Other trucks/1 Motorcycle 24.1% 26.0% 13.7% 5.0% 1.0% 30.1% /1 Other vehicles include 4-wheeler trucks, water trucks, liquid trucks, specialized trucks such as feed
Slide 9: Hire Purchase Portfolio
Hire Purchase Portfolio Hire purchase loan portfolio size ▪ 2,402.79 million baht (total receivables 22,804 contracts / 21,957 customers) Age of Collaterals for hire purchase ▪ 6 – 25 years (average 15 years) ▪ New motorcycle Contract interest rate ▪ 8 – 15% Flat Rate ▪ 11 – 13% Flat Rate Terms of p
Slide 10: Loan Portfolio
Loan Portfolio Loan portfolio size ▪ 40.93 million baht (total receivables 228 contracts / 219 customers) Loan Type ▪ Clean loan (25.77 million baht) ▪ Title loan (15.16 million baht) Contract interest rate ▪ 25% EIR ▪ 24% EIR Terms of payment ▪ 1-4 years ▪ 2-5 years Loan-To-Value (LTV) ▪ -% ▪ 50 -
Slide 11: Branch Location (MICRO & MPLUS Coworking Space)
Branch Location (MICRO & MPLUS Coworking Space) 12 branches 7 branches 1.Nakhon Pathom (HQ) + 1 Sub-branch 2.Suphan Buri 1. Bangkok (HQ) 3.Nakhon Ratchasima 2. Nakhon Pathom 4.Chonburi 3. Nakhon Ratchasima 5.Khon Kaen ภาคกลาง 4. Khon Kaen 6.Phitsanulok 5. Udon Thani (Merge Sakon 7.Saraburi Nakon) 8.
Slide 12: Performance Overview
Performance Overview SECTION 2
Slide 13: Industry Overview
Industry Overview Number of newly registered Trucks (units) 46% 47% 55% 58% 59% 55% 40,798 38,357 26,621 24,786 Number of newly registered Motorcycle (units) 35,426 34,607 32,382 33,920 6,489 5,239 7,478 8,068 2022 2023 2024 2025 Q1'2025 Q1'2026 Second hand First hand %Second hand 1.97 2.07 1.90 1.9
Slide 14: Quarterly Performance
Quarterly Performance Value of Used Truck Transfer (Million Baht) Quarterly Used Truck New Loans (Million Baht) 7,200 800 2025 : 24,419 MB 6,700 2023 : 24,455 MB 2022 : 24,797 600 MB 6,200 2024 : 23,100 MB 2022 : 2,227 MB 2026 : 5,793 MB 400 5,700 5,200 200 2026 : 85 MB 2023 : 1,188 MB 2024 : 389 MB
Slide 15: Performance Overview
Performance Overview New Loan Growth Portfolio Growth 1,772 4,548 22 21 767 (26.0%) 562 3,457 (4.5%) 60 (25.2%) 770 2,558 2,444 771 44 41 72.5% 696 723 48 577 3,760 1,188 334 9 2,628 322 212 1,818 389 123 2 2 1,679 246 68 125 53 85 2023 2024 2025 Q1'2025 Q1'2026 2023 2024 2025 Q1'2026 15
Slide 16: Performance Overview
Performance Overview Revenue Growth Net Profit Growth (21.1%) 329.7% 130.2% 46 919 28 7 761 600 (19.9%) 2023 2024 2025 Q1'2025 Q1'2026 (53) 159 128 (153) 2023 2024 2025 Q1'2025 Q1'2026 16
Slide 17: Financial Statement
Financial Statement SECTION 3
Slide 18: Financial Position
Financial Position Important items (unit: million baht) 31 Dec 2022 31 Dec 2023 31 Dec 2024 31 Dec 2025 31 Mar 2026 Cash and cash equivalents 290.1 426.2 576.6 519.6 573.4 Hire purchase receivables - net 4,725.6 4,300.1 3,183.1 2,343.2 2,255.6 Loan receivables - net - 20.6 56.0 39.7 37.4 Assets fore
Slide 19: Loan Segmentation
Loan Segmentation Truck’s Portfolio Segmentation Motorcycle’s Portfolio Segmentation Freelance, 5.0% Other, 4.7% Government/Stat e Enterprise, Employee Agriculture, 11.3% 14.6% เกษตร Transport Agriculture Employee, 15.8% Construction กลุ่มขนส่ง Business/Merchant, 39.9% Business/Merchant Construction
Slide 20: Loan Quality
Loan Quality Gross NPL+NPA Quality of Collateral Expected Credit Loss NPL NPL+NPA 8.01% 6.29% 6.08% 5.05% 3.99% 4.56% 4.69% 4.94% 4.35% 3.49% 11% 3% 30% 1% 9% 28% 17% New 0 - 5 Years 6 - 10 Years 11 - 15 Years16 - 20 Years21 - 25 Years >25 Years 2022 2023 2024 2025 Q1'2026 Motorcycle Russia VS Ukrai
Slide 21: Share Holders' Structure
Share Holders’ Structure Group Amount Amount (million proportion Free Float (person) shares) 317.27 Strategic Shareholders 22 617.73 66.07% 33.93% Strategic 1. Managing director or the 22 617.73 66.07% Shareholders first four executives 617.73 2. Shareholder with more - - - 66.07% than 5% of paid-up
Slide 22: Financial Performance
Financial Performance Important items (unit: million baht) 2022 2023 2024 2025 Q1’2025 Q1’2026 Hire purchase interest income 706.2 782.9 646.2 472.9 131.2 99.4 Loan interest income - 1.0 9.1 10.1 2.7 2.0 Fee and service income 140.2 124.7 93.6 96.3 22.8 24.6 Other income 7.3 10.8 11.9 21.0 2.7 1.7 T
Slide 23: Revenue & Cost Structure
Revenue & Cost Structure Revenue Structure Operation Expenses Structure (Not including Bad Debt, Expected Credit Loss and Loss from Sell) Employee cost Fee and Service income 7% 23% Depreciation & Amortisation 3% 4% Employee cost Employee Cost Legal Advisory Fees and Financial 63% 10% Net Interest I
Slide 24: Financial Ratio
Financial Ratio Debt to Equity Ratio Loan Classification 6.00 5.00 4.00 Not overdue or not more than 1 month overdue 3.00 78.4% 2.00 1.00 1.57 1.52 1.16 1-3 months overdue 0.00 0.66 0.60 18.1% 3-6 months overdue 2022 2023 2024 2025 Q1'2026 6-12 months overdue 2.3% MICRO PEER AVERAGE 0.9% >12 Month o
Slide 25: Financial Ratio
Financial Ratio Loan Yield Fee Yield Interest Yield Interest+Fee Yield 19.3% 19.3% 19.5% 3.5% 19.1% 18.7% 3.2% 3.2% 2.6% 2.3% 16.1% 16.5% 16.4% 16.1% 16.0% Insurance’s fee decrease Fees increase for renewal Increased from form conservative new loan insurance and new MIB’s approval customers. motorcy
Slide 26: Financial Ratio
Financial Ratio Credit Cost Net Profits and Net Profit Margin 22.1% 11.6% 10.4% 7.6% 5.2% 9.3% 4.3% 7.7% ECL & NPA impairment Price of collateral and the 28.2 increase from debt 79.1 0.0% 0.0% 46.2 quality of the loan portfolio quality decrease was under control. (52.5) (153.2) 2022 2023 2024 2025 Q
Slide 27: Business Plan
Business Plan SECTION 4
Slide 28: Business Plan 2026
Business Plan 2026 Increase Int. Revenue & Credit Cost Control Fee-Based Rise Cost Optimization Fund Raising “We are focused on expand loan “We aim to increase fee-based “We will be improving the “We are balanced capital strategy portfolio and maintain strict credit income by value-added services ef
Slide 29: Q&A
Q&A SECTION 5
Slide 30: Contact details and investor relations
863/3 Petchkasem Road, Sanamchan, Mueang, Nakhon Pathom, 73000 Tel : 0 3410 9200 ext. 9000 , 06 3213 2882 Email : ir@microleasingplc.com Website : www.microleasingplc.com IR : Miss Thanaporn Waewsuwan (Fai) Investor Relation Manager Mr. Kandanai Chonsuwat (Mod) Chief Financial Officer & Company Secr
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