DITTO Achieves Record Growth, Eyes 20% Revenue Surge and Digital Expansion for 2026

Mr. Takorn Rattanakamolporn, Chief Executive Officer of Ditto (Thailand) Public Company Limited (SET: DITTO), stated that the company’s overall business performance in 2025 remains robust as anticipated, especially after achieving record-high revenue and profit in 3Q25, growing over 28%. This growth is supported by the engineering technology business and the cybersecurity system segment.

For 2026, he expects a significant inflow of new projects from both the public and private sectors, with a focus on Data Security, government data services, international trade facilitation systems, applications with AI, Data, and IoT to create a new S-Curve over the next 3–5 years.

DITTO is planning long-term expansion through synergy with key partners such as TEAM Consulting Engineering and Management PCL (SET: TEAMG), NETBAY PCL (mai: NETBAY), and investment in GoPro to broaden security and data management solutions. Income from associates like NETBAY, a leader in data connectivity for import-export, logistics, customs, and bank cybersecurity solutions, and TEAMG, has begun to show significant growth as planned.

Revenue will become increasingly evident in the second year after the partnership, as DITTO manages the digital transformation, security enhancements, and prepares integrated data infrastructure for these organizations. This synergy will elevate public and private sector data structures in a holistic manner. Therefore, in 2026, the company is targeting a minimum revenue growth of 20%.

Mr. Chaithad Kulchokwanich, Chief Financial Officer of DITTO, stated that the company has a backlog exceeding THB 3.7 billion, excluding recurring revenue from legacy businesses such as photocopier rentals and service contracts. Most projects are ongoing development and maintenance work, not one-off projects, resulting in accumulated revenue from the customer base that supports long-term growth. Revenue from data and innovation technology continues to expand.

The company still has continuous opportunities to secure new work, especially early in the next year when government agencies open for substantial bidding. It is expected to recognize over half of the backlog revenue in 2026, such as the Phase 1 Zoo Project, for which all revenue will be recognized within 2026. There is also a likelihood that Phase 2 of the Zoo Project will be added within the same year.

Regarding ESG projects, there has been clear progress, with more than 17,000 rai of mangrove forest designated for the program and areas ready to support ICO issuance. All planting has been completed and registered.

Currently, the process of applying for approval from the Securities and Exchange Commission (SEC) is ongoing to issue Digital Tokens in parallel with Carbon Credit. This is a new project, and the company is working with the SEC and the Stock Exchange of Thailand (SET) to determine the appropriate accounting method, with a conclusion expected within 1Q26.