New Risk • May 21
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -฿44m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-฿44m free cash flow). Share price has been highly volatile over the past 3 months (20% average weekly change). Earnings have declined by 61% per year over the past 5 years. Market cap is less than US$10m (฿66.0m market cap, or US$2.02m). Reported Earnings • Mar 02
Full year 2025 earnings released: ฿0.03 loss per share (vs ฿0.72 loss in FY 2024) Full year 2025 results: ฿0.03 loss per share (improved from ฿0.72 loss in FY 2024). Revenue: ฿306.2m (down 29% from FY 2024). Net loss: ฿19.8m (loss narrowed 95% from FY 2024). New Risk • Nov 19
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Thai stocks, typically moving 8.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-฿58m free cash flow). Share price has been highly volatile over the past 3 months (8.9% average weekly change). Earnings have declined by 65% per year over the past 5 years. Market cap is less than US$10m (฿96.0m market cap, or US$2.96m). Reported Earnings • Aug 20
Second quarter 2025 earnings released: EPS: ฿0.008 (vs ฿0.057 loss in 2Q 2024) Second quarter 2025 results: EPS: ฿0.008 (up from ฿0.057 loss in 2Q 2024). Revenue: ฿74.3m (down 36% from 2Q 2024). Net income: ฿4.55m (up ฿38.6m from 2Q 2024). Profit margin: 6.1% (up from net loss in 2Q 2024). The move to profitability was driven by lower expenses. Reported Earnings • May 16
First quarter 2025 earnings released: ฿0.015 loss per share (vs ฿0.005 profit in 1Q 2024) First quarter 2025 results: ฿0.015 loss per share (down from ฿0.005 profit in 1Q 2024). Revenue: ฿82.9m (down 45% from 1Q 2024). Net loss: ฿6.15m (down 416% from profit in 1Q 2024). New Risk • Mar 05
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Thai stocks, typically moving 12% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 28% per year over the past 5 years. Market cap is less than US$10m (฿96.0m market cap, or US$2.85m). Reported Earnings • Mar 04
Full year 2024 earnings released: ฿0.72 loss per share (vs ฿0.05 profit in FY 2023) Full year 2024 results: ฿0.72 loss per share (down from ฿0.05 profit in FY 2023). Revenue: ฿428.7m (down 43% from FY 2023). Net loss: ฿400.1m (down ฿422.1m from profit in FY 2023). 공고 • Mar 04
QTCG Public Company Limited, Annual General Meeting, Apr 29, 2025 QTCG Public Company Limited, Annual General Meeting, Apr 29, 2025, at 13:00 SE Asia Standard Time. Location: branch office, Thailand 공고 • Jan 06
QTCG Public Company Limited Announces Resignation of Jaruwan Boonma as Chief Financial Officer QTCG Public Company Limited announced resignation of Miss Jaruwan Boonma as Chief Financial Officer. The effective date of termination is December 31, 2024. 공고 • Aug 10
QTCG Public Company Limited Approves the Director and Committee Changes QTCG Public Company Limited at Board of Directors Meeting held on 8th August 2024, approved the resignation of Mr. Rungrut Sereeratanachaiporn from Company Director, Member of Risk Management Committee and Executive Committee of the company due to personal health condition, effective since 8th August 2024 after the Board of Directors Meeting. The company also approved the appointment of Mr. Panusak Sawatdee as Company Director, Member of Risk Management Committee and Executive Committee of the company in replacement of Mr. Rungrut Sereeratanachaiporn, who resigned from the positions, effective since 8th August 2024 after the Board of Directors Meeting. New Risk • Jun 05
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ฿354.0m (US$9.64m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (9.2% average weekly change). High level of non-cash earnings (41% accrual ratio). Market cap is less than US$10m (฿354.0m market cap, or US$9.64m). 공고 • Apr 03
QTCG Public Company Limited has completed an IPO in the amount of THB 216 million. QTCG Public Company Limited has completed an IPO in the amount of THB 216 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 180,000,000
Price\Range: THB 1.2
Transaction Features: Reserved Share Offering