VGI Public Company Limited (SET: VGI), Thailand’s leading Offline-to-Online (O2O) solutions provider through a diverse platform, announced its FY 2025/26 performance amid challenging economic conditions. The Company recorded revenue from services and sales of THB 4,646 million. VGI also maintained a strong financial position, with cash, cash equivalents, and other current financial assets totaling THB 21 billion, representing 53% of total assets.
During the year, VGI continued strengthening its strategic partnership with PlanB through the development of new media packages and marketing solutions by combining media assets of both companies, creating a unique and innovative advertising package. The collaboration was further reinforced through VGI’s investments in PlanB, resulting in a 24.1% shareholding as of 21 April 2026.
The ADVERTISING BUSINESS generated revenue of THB 1,949 million. Media utilization rate (excluding media at BTS station pillars) rose to 51.7%, increasing from 49.1% last year.
In the DIGITAL SERVICES BUSINESS, Rabbit Card became the first in Thailand to launch on Samsung Wallet, while also expanding compatibility with new Garmin smartwatches to enhance consumers’ digital payment experience. Rabbit Care, an online insurance and financial products comparison platform, leveraged AI technology to strengthen sales and customer services, while Rabbit Cash continued expanding its welfare loan business with leading organizations. The digital services business generated revenue of THB 1,620 million, with the digital lending business and online financial product comparison platform continuing to support its growth.
For The DISTRIBUTION BUSINESS, Fanslink Communication Co., Ltd. was officially renamed “Rabbit Bytes Co., Ltd.” (Rabbit Bytes) and continued expanding through technology and lifestyle products, including the launch of “Snack Maker,” a creator-led snack business. Rabbit Bytes offers products that meet customer needs, develops business collaborations with partners, and leverages BTS Group’s media, marketing, and distribution ecosystem to reach consumers both offline and online. Meanwhile, Super Turtle expanded to 29 TURTLE stores by the end of FY 2025/26. The distribution business recorded revenue of THB 1,077 million, with Rabbit Bytes continuing to play a key role in supporting business growth through sales of its own brands and partner brands.
Looking ahead, VGI will continue expanding its collaboration with PlanB alongside growing its digital services and distribution businesses, while enhancing operational efficiency across all areas. The Company targets total revenue of THB 5,000–5,500 million in FY 2026/27, representing 10–15% YoY growth. Meanwhile, the Company is prepared to invest in expanding existing businesses or new businesses with potential to support future growth.
