FSMART targets 20% revenue growth in three years, to sell National Savings Fund lottery tickets by year-end

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โดย HoonVision·Read original
Summary · why it matters

FSMART has set a three-year revenue growth target of 20%, with 2026 growth expected at 7 to 8% from expansion of existing and new businesses. Managing Director Narongsak Lertsapthawee revealed that Boonterm kiosks, with over 120,000 points nationwide, will be upgraded to village banks, acting as agents for nine banks and offering deposit, withdrawal, transfer, and loan services. The company will also expand its customer base to foreign workers, particularly over two million Myanmar workers, of whom about 500,000 already use the service, and has received a license from the Bank of Thailand to provide remittance services back to their home country. The company is also preparing to become a distribution and payment channel for National Savings Fund lottery tickets, or retirement lottery, expected to launch by the end of this year. In the lending business, it targets an average annual portfolio growth of 50%, focusing on large corporate clients. For electric vehicle charging, GINKA EV aims to install a cumulative 1,000 AC and DC GINKA Charge points this year, increasing to 1,500 points in the next phase. Meanwhile, Tao Bin kiosks target expanding service points to 10,000 and adding new menu items. Additionally, the company is entering the one-stop service second-hand real estate trading platform business through a joint venture, Maew Som Estate Company Limited, leveraging the IT and payment system expertise of the FORTH Group to connect buyers, sellers, and financial institutions, with services also expected to launch by the end of this year.

Impact on stocks 2

Digital Finance & Tokenization · 2 stocks
Forth Smart Service Public Company Limited
FSMART
▲ PositiveDemandrelevance

FSmart targets 20% revenue growth, expands Boonterm kiosks into village banks, adds remittance services for Myanmar workers, and plans to sell National Savings Fund lottery tickets, all driving customer demand.

Off-coverage companies 1

แมวส้ม แอสเท (Orange Cat Asset Co., Ltd.)Private▲ Positive
Demandrelevance

Maew Som Estate Company Limited, a joint venture, will launch a one-stop second-hand real estate trading platform, leveraging FORTH's IT expertise, expected to generate demand.