GABLE Announces 30% Upswing in 2025 Earnings, Record-High Backlog and Business Plan for Continuous Growth

G-Able (GABLE) announced its 2025 operating results, maintaining continuous growth with net profit of Baht 318 million, an increase of 30% from the previous year. The net profit margin rose to 5.1% from 4.0% in the previous year, primarily driven by a 2.1% increase in gross profit year-on-year, resulting in a higher gross profit margin of 20.6% compared to 18.5% in the previous year. In addition, as of the end of 2025, G-Able achieved a record-high backlog of Baht 6,771 million, representing an increase of 10% from the previous year, supporting future revenue recognition.

 

Dr. Chaiyuth Chunnahacha, Chief Executive Officer of G-Able Public Company Limited (SET: GABLE), revealed that although both the Thai and global economies are facing high levels of uncertainty, G-Able recorded net profit of Baht 318 million, an increase of 30% from the previous year. The key contributing factor was a 12% increase in gross profit year-on-year and an improvement in gross profit margin by 2.1% from the previous year. This performance aligns with G-Able’s operational strategy to enhance efficiency and agility. This growth was also supported by the expansion of G-Able’s core businesses and high-growth business units, including Blendata, a developer of big data management technology, and the business application group, namely Round Two Solutions Co., Ltd. (R2), a leader in Enterprise Resource Planning (ERP) and Customer Relationship Management (CRM) consulting services. Furthermore, G-Able maintained strong sales performance, once again achieving a record-high backlog.

Ms. Raveeratana Satchavarodom, Chief Financial and Strategy Officer of GABLE, stated that G-Able’s operating results in 2025 showed growth, with revenue from sales and services totaling Baht 6,237 million, an increase of 1% from the previous year. Excluding hardware big deals that occurred in 2024, G-Able would have recorded revenue from sales and services representing an increase of 15% year-on-year. In 2025, G-Able achieved gross profit of Baht 1,287 million, an increase of 12% from the previous year, with gross profit margin improving to 20.6% from 18.5% in the previous year. Net profit totaled Baht 318 million, an increase of 30% year-on-year, with net profit margin rising to 5.1% from 4.0% in the previous year. This reflects improved operational efficiency in line with the Company’s strategic direction.

As of the end of 2025, G-Able’s backlog reached a record high of Baht 6,771 million, increasing by 10% from the previous year, supporting future revenue recognition.

For the 2026 business plan, the Company targets revenue growth of 5–15% compared to 2025. The Company also aims to maintain a gross profit margin of 20–21%, with recurring income targeted at 40–50% of total revenue and backlog expected to exceed Baht 6,500–7,500 million.

With consistent profitability and strong financial discipline, the Company maintains a zero debt-to-equity ratio and a strong cash position of more than Baht 1,600 million, enabling it to support G-Able’s growth and invest in related high-potential businesses to enhance competitiveness and create added value for the Company.

The Board of Directors has approved the annual dividend payment for 2025 at the rate of Baht 0.32 per share, equivalent to 73% of total net profit.

In addition to its business achievements, G-Able Public Company Limited has also made significant progress in sustainable development under ESG principles, reaffirming its commitment to organizational sustainability. The Company received an “A” rating in the 2025 SET ESG Ratings assessment from the Stock Exchange of Thailand (SET). It was also awarded the 2025 Sustainability Disclosure Recognition by Thaipat Institute, reflecting its commitment to comprehensive, transparent, and balanced disclosure across environmental, social, and governance dimensions.

Moreover, G-Able has been certified as a member of the Thai Private Sector Collective Action Against Corruption (CAC). The Company received the highest corporate governance rating of 5 stars, or “Excellent CG Scoring,” for 2025 for the second consecutive year from the Thai Institute of Directors (IOD). It also achieved a full score of 100, or “Exemplary,” in the AGM Checklist assessment conducted by the Thai Investors Association (TIA).

“These achievements reflect G-Able’s strong commitment to corporate governance and sustainable management in accordance with ESG principles, prioritizing all stakeholders and strengthening investor confidence. The Company will use these assessment results as guidelines to further enhance its corporate governance practices for stable and sustainable growth,” Dr. Chaiyuth concluded.