Phenomenal Bluebik marks the beginning of this year as 3 international funds have bought a big lot of its 4.8 million shares on its long-term growth potential underlined by its record surges in revenue and profit for 5 years in a row which prove its continuous strength and justify its expected growth of at least 50% this year.

A brilliant future is in sight! Three international funds have approached three Bluebik executives – Pochara Arayakarnkul, Pakorn Jiemskultip and Phiphat Prapapanpong – about selling them a big lot of 4.8 million shares at 60 baht per share. The confident move happens as Bluebik shows steady growth with the new highs of its revenue and profit for five consecutive years (from 2017 to 2021) and is likely to maintain the surges this year with a growth rate of at least 50% plus its revenue backlog worth 385 million baht to be recognized until 2027.

Mr. Pochara Arayakarnkul, Chief Executive Officer of Bluebik Group Public Company Limited (BBIK) which is a leading consultancy on end-to-end digital transformation, said that on March 22, 2022, the company sold through the capital market a big lot of 4.8 million shares at 60 baht per share to three international funds and the sold shares accounted for 4.8% of the total shareholding.

“The three foreign funds are interested in the business of Bluebik after seeing the strong growth of its revenue and profit over the past years. Besides, our local and overseas business expansion plans go well along with the high tide of digital transformation worldwide. The company has prepared over 100 million baht for new business opportunities this year. Earlier Bluebik founded ORBIT Digital with OR and invested in GMVPI. Now it is about to close another deal to increase its competitive edge and highlight its leadership in digital transformation consulting. Moreover, Bluebik plans to expand services to other countries through its subsidiary, Bluebik Global. It also expects good news about a tax incentive likely from the BOI (Board of Investment) in the second half of this year. That will exempt the company from the corporate income tax for as long as eight years. So, from now on Bluebik will enjoy outstanding and steady growth. Thus, our shareholders will definitely have confidence in the company in the long run.,” Mr. Pochara said.

In 2021, Bluebik’s revenue and profit increased by more than 50%. Its total revenue amounted to 303.69 million baht, up from 200.53 million baht in the previous year, and its net profit was at 66.47 million baht, up from 44.29 million baht. The company resolved to pay a dividend of 0.375 baht per share.