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Glory Forever Public Company Limited

Glory Forever Public Company Limited

GLORY.BK
Glory Forever Public Company LimitedTH flagStock Exchange of Thailand
1.09
THB
- -
- -
294.83MMarket Cap
Glory Forever Public Company Limited
GLORY.BK
(Stock Exchange of Thailand)

Recent

price

1.09

P/E

ratio

- -

div

yld

- -

ROIC.AI

2019
2020
2021
2022
2023
2024
2025
TTM
FRC
0.27
0.29
0.43
0.49
0.32
0.5
0.48
0.48
Revenue per Share
0.05
0.05
0.07
0.11
-0.15
-0.25
-0.14
-0.15
Basic EPS, GAAP
0.04
-0.19
-0.07
0.05
-0.19
-0.19
-0.06
-0.07
Free Cash Flow per Basic Share
0.06
0.04
0.09
0.02
0.06
- -
- -
- -
Dividend per Share
0.05
0.42
0.67
0.62
0.41
0.15
0.02
- -
Book Value per Share
- -
0.31
1.16
0.95
0.7
0.47
0.47
0.47
Tangible Book Value per Share
270
270
214
270
270
270
270
261
Basic Weighted Avg Shares
73
78
91
133
86
134
129
125
Sales/Revenue/Turnover
24.92
24.3
21.93
28.89
-30.37
-24.77
-9.59
-11.6
Operating Margin (%)
3
7
14
21
26
32
38
35
Depreciation Expense
14
14
15
29
-41
-68
-37
-38
Net Income, GAAP
20.6
20.5
19.02
20.72
- -
- -
- -
- -
Effective Tax Rate (%)
19.11
17.83
16.55
21.77
-47.12
-50.41
-28.6
-30.68
Profit Margin (%)
-2
30
196
182
107
76
74
70
Working Capital
- -
- -
- -
- -
- -
- -
1
1
LT Debt
15
115
297
320
268
205
173
169
Total Equity
- -
22.9
7.82
9.79
- -
- -
- -
- -
Return on Invested Capital (%)
- -
21.81
11.7
18.7
- -
- -
- -
- -
Return on Capital (%)
- -
21.81
11.7
18.7
-29.45
-89.51
-156.44
-197.04
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
1
1
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
270
270
270
Market Capitalization
295
227
143

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
101
102
99
Cash, Cash Equivalents & STI
56
51
46
Accounts Receivable, Net
34
38
35
Inventories
4
6
6
Total Current Liabilities
25
28
29
Payables & Accruals
13
16
17
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
22.29%
-15.59%
Free Cash Flow
- -
-168.75%
-67.48%
Net Income, GAAP
- -
-23.83%
-45.78%
Sales/Revenue/Turnover
- -
15.72%
-4.44%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
28
31
38
38
134
2025
33
35
32
28
129
2026
30
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.02
-0.02
-0.02
- -
-0.25
2025
-0.01
-0.02
-0.02
- -
-0.14
2026
-0.02
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Glory Forever Public Company Limited operates as an online publisher and provider of technology-driven services in Thailand, focusing on digital media, AI solutions, e-commerce, healthcare products, cybersecurity, and virtual influencers. Incorporated in 2017 and headquartered in Mueang Samut Sakhon, Thailand, the company runs three main segments: e-commerce; residential management and contracting services; and other operations including health products. Core offerings encompass Alisa, Thailand's first generative AI chatbot powered by GPT technology with capabilities in natural Thai language processing, image/video generation, vision/hearing recognition, and multi-role AI task assistance such as content creation, coding, design, and workflow optimization; online reading-writing platforms Kawebook.com, an entertainment e-commerce site for readers, writers, and publishers, and Jinovel, a subscription-based platform for novels and comics; cybersecurity services; healthcare products; virtual influencer (Vtuber) services; and recent enhancements like Alisa 2.0 and Alisa 3.0 for advanced writing and workflow efficiency. The company primarily serves consumer markets in Thailand, with plans to expand internationally through exporting translated Thai novels on its platforms, targeting over 80 titles after a 2023 prototype achieved more than 10 million global reads. Recent developments include the late 2024 launch of Alisa 3.0 as a user-friendly AI platform to streamline workflows and cut costs, contributing to 56% revenue growth to 134.5 million baht in 2024 from expanded subsidiary investments and new channels; strategic partnerships such as with Krik University and University of the Thai Chamber of Commerce for AI training programs like SME AI Innovation Business Management and student workshops; collaborations with SCBX Nexttech for AI learning events including 101 GenAI Guides and exclusive author-editor sessions at book fairs; and a shift in investment strategy over 3-5 years toward startups enhancing core operations in technology, media, healthcare, and lifestyle.