MONO expects continued profit in Q3 2026, targets 3 million Premier League members

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Mono Next Public Company Limited, or MONO, expects third-quarter 2026 results to remain profitable after the second quarter of 2026, with the second half of the year outperforming the first half. The company aims to increase Premier League members for the 2026/27 season to 3 million by the end of this year, up from 1.6 million in the previous season. It is also in talks through group companies such as Jasmine International to expand Premier League broadcast rights across ASEAN, after securing additional rights in Vietnam in December 2026, which will allow full-season revenue recognition this year. Meanwhile, MONO is restructuring into a streaming-first organisation, cutting unprofitable businesses and rebranding Mono 29 as Monomax Sports TV. MONOMAX currently has more than 3.5 million users, comprising 1.6 million Premier League members, 250,000 entertainment subscribers, 200,000 basic package subscribers, 100,000 premium subscribers, and over 1 million free-tier users. The Stock Exchange of Thailand has kept the CB designation on MONO shares because shareholders' equity is less than 50% of paid-up capital and the company has accumulated losses of 3.8 billion baht. In the second quarter of 2026, MONO posted a net profit of 2.6 million baht, compared with a loss of 7.6 million baht in the first quarter.

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