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Warrix Sport Public Company Limited

Warrix Sport Public Company Limited

WARRIX.BK
Warrix Sport Public Company LimitedTH flagStock Exchange of Thailand
1.38
THB
+0.01
- -
812.93MMarket Cap
Warrix Sport Public Company Limited
WARRIX.BK
(Stock Exchange of Thailand)

Recent

price

1.38

P/E

ratio

- -

div

yld

- -

ROIC.AI

2021
2022
2023
2024
2025
TTM
FRC
1.08
2.89
2.04
2.64
2.89
2.95
Revenue per Share
0.02
0.35
0.21
0.25
0.05
-0.02
Basic EPS, GAAP
0.01
-0.05
-0.14
-0.05
0.05
-0.01
Free Cash Flow per Basic Share
0.01
0.19
0.19
0.1
0.22
0.22
Dividend per Share
0.29
1.16
0.65
0.77
0.58
0.52
Book Value per Share
0.26
3.84
2.27
2.39
2.2
2.14
Tangible Book Value per Share
600
368
600
589
589
589
Basic Weighted Avg Shares
648
1,063
1,225
1,553
1,701
1,735
Sales/Revenue/Turnover
5.52
15.82
13.91
12.7
3.06
0.53
Operating Margin (%)
28
28
54
73
85
89
Depreciation Expense
14
128
127
149
27
-12
Net Income, GAAP
21.01
15.33
22.14
20.67
27.92
46.47
Effective Tax Rate (%)
2.2
12.09
10.4
9.58
1.61
-0.7
Profit Margin (%)
-33
998
1,153
1,248
1,081
1,040
Working Capital
16
59
116
121
118
108
LT Debt
175
1,440
1,407
1,471
1,408
1,372
Total Equity
- -
13.38
8.55
9.75
2.33
- -
Return on Invested Capital (%)
- -
25.86
25.89
27.36
5.57
16.03
Return on Capital (%)
- -
42.87
31.07
35.22
6.89
-3.2
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
44
51
52
LT Borrowings
- -
- -
- -
LT Finance Leases
107
118
108
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
589
589
589
Market Capitalization
1,331
1,119
1,007

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
1,405
1,447
1,430
Cash, Cash Equivalents & STI
198
272
204
Accounts Receivable, Net
417
406
362
Inventories
732
719
811
Total Current Liabilities
339
366
390
Payables & Accruals
281
300
323
ST Debt
44
51
52
Deferred Revenue
9
10
8

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
-4.3%
Free Cash Flow
- -
- -
-183.97%
Net Income, GAAP
- -
- -
-81.6%
Sales/Revenue/Turnover
- -
- -
9.52%
Total Cash Common Dividend
- -
- -
115.22%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
328
350
429
447
1,553
2025
330
317
460
594
1,701
2026
364
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.03
0.03
0.09
- -
0.25
2025
- -
-0.04
0.03
- -
0.05
2026
-0.06
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.1
- -
- -
0.1
2025
- -
0.22
- -
- -
0.22
2026
- -
- -
- -
- -
- -
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Business
Warrix Sport Public Company Limited manufactures and distributes sports apparel, equipment, and uniforms for men, women, and children; offers licensed products including official kits for the Thailand national football team (through 2028), Thai national basketball team, and football clubs; provides non-licensed items such as classic polos and t-shirts, seasonal collection sportswear for football, futsal, running, training, golf, basketball, and table tennis, streetwear, innerwear, footwear including Asics and On running shoes, accessories like bags, socks, caps, and masks, and made-to-order teamwear; operates physiotherapy and performance studios, Warrix Run Hubs, and retail channels encompassing own shops, online sales, modern trade, and project-based sales; and manages sports events including the Thailand Earth Trail series and running communities. Founded in 2013 and headquartered at 849/6-8 Rama VI Road, Wangmai, Pathumwan, Bangkok, Thailand, the company serves domestic markets through credit selling, online selling, and other segments while expanding internationally via subsidiaries like Warrix Holding Pte. Ltd. and Warrix Sdn. Bhd., with geographic operations in Southeast Asia including Thailand, Malaysia, Myanmar, Singapore, and Cambodia. Recent developments include listing on the Stock Exchange of Thailand's mai in 2022 with capital increase to THB 300 million; acquisitions of Fit Junction and Premier Football in 2023 to transform into an active and lifestyle business; a RM1.7 million kit sponsorship partnership with Negeri Sembilan Football Club in Malaysia for 2025-2027 seasons in February 2025; joint investment in a new subsidiary with KSL Sport Co., Ltd. in early 2025 to enhance northeastern Thailand distribution and sales via platforms like TikTok Live, Shopee, and Lazada; appointment of Universal Sports as sole distributor in Malaysia; openings of new own shops such as Outlet Muang Thong Thani 2 and Market Village Suvarnabhumi in mid-2024 alongside pop-up stores; collaborations like WARRIX x ZillyB Knight Chrome Collection and Tor Saksit Vejsupaporn jersey in 2024; and targeting gross sales over THB 2.7 billion by 2026 with focus on non-licensed (65%), licensed (15%), health (5%), overseas (11%), and services (4%) segments.