XSPRING Sets Strategic Direction for 2025, Targeting Sustainable Growth Amidst Market Volatility Aiming for 20% Revenue Growth and Strengthening Core Business Segments
XSPRING Sets Strategic Direction for 2025, Targeting Sustainable Growth Amidst Market Volatility Aiming for 20% Revenue Growth and Strengthening Core Business Segments
XSpring Capital Public Company Limited (XPG) has unveiled its strategic vision for 2025 under the theme of “Resilient Growth in a Challenging Landscape.” The company remains committed to navigating market volatility by offering comprehensive financial solutions tailored to both businesses seeking capital and investors pursuing sustainable returns. XSpring has set an ambitious target of THB 1,100 million in total revenue for 2025, reflecting a 20% increase from the previous year.
Building upon the achievements of 2024, XSpring continues to drive strong and consistent growth, particularly in its lending business. The company is expanding its Private Credit customer base to support the continued growth of its loan portfolio. Additionally, XSpring is reinforcing its position as a leading financial intermediary, leveraging its robust ecosystem to offer seamless and efficient investment solutions. The company has introduced an advanced application designed to facilitate investment access, enhance operational efficiency, and reduce business costs.
Ms. Varangkana Artkarasatapon, Managing Director of XSpring Capital Public Company Limited, commented, “Despite the economic slowdown and heightened financial uncertainty in 2024, XSpring successfully marked its 50th year with remarkable growth. The company recorded a total revenue increase of 34% to THB 911 million and a net profit surge of 51% to THB 161 million. This performance was primarily driven by the expansion of our lending business, which elevated our loan portfolio to THB 8 billion, alongside significant growth in fee-based income and investment returns.”
Ms. Varangkana further highlighted the company’s strategic initiatives, including the launch of its Private Credit service, which connects wealth investors with businesses, facilitating more efficient and flexible access to capital. XSpring also introduced the KAVALON Token, Thailand’s first debt-like investment token, marking a significant milestone in the digital asset industry. The company successfully raised THB 400 million through private placements ahead of schedule. Additionally, XSpring diversified its revenue streams by investing in Kinduem Co., Ltd. (KINDUEM), the operator of well-established food and beverage brands such as BEANS Coffee Roasters, AROI, DEAN & DELUCA, REES, THAI THAI EATERY, and UMAMI JAPANESE IZAKAYA.
In 2025, XSpring remains committed to delivering stable growth by expanding its lending business and strengthening all core business segments. The company will leverage its comprehensive financial services ecosystem, which includes securities and investment banking, fund management, non-performing asset management, and digital asset businesses, to meet the diverse financial needs of clients efficiently.
For businesses requiring capital, XSpring will continue to support clients by providing both funding and strategic financial guidance, particularly in response to the tightening lending policies of commercial banks and major financial institutions. The company’s lending business is expected to experience continued growth, with the current loan portfolio standing at approximately THB 8 billion. Meanwhile, the investment banking division is prepared to facilitate capital-raising initiatives through initial public offerings (IPOs) and initial coin offerings (ICOs), with plans to introduce 3 – 5 digital token projects within the year.
To enhance wealth creation for investors, XSpring aims to expand its wealth management business by broadening its mutual fund offerings and investment brokerage services (LBDU). The company is targeting assets under management (AUM) of THB 15 billion and will introduce new funds in response to market conditions. The first offering, the Term Fund (X-FIXED6M1R), was launched on March 10, 2025.
Furthermore, XSpring has introduced the “XSpring Application,” a cutting-edge digital investment platform that streamlines the investment process, improves accessibility to financial products, and enhances operational efficiency.
In alignment with its long-term sustainability goals, XSpring remains dedicated to fostering positive social and environmental impacts. In 2025, the company will continue to expand its social initiatives, including: “Because Sharing is Caring – The Unsilenced Truths” Project: This initiative provides financial education to the hearing-impaired community, including the development of video content with sign language interpretation. This year, the program will be expanded to schools for the deaf. As well as “Play to Win” Project: A financial literacy program designed for athletes, focusing on long-term financial stability. The initiative, previously targeted at boxers and sports personnel, will be extended to other sports, such as golf, in 2025.
Despite the challenges anticipated in 2025, including global economic uncertainties, geopolitical tensions, and the ongoing fragility of the Thai economy, XSpring remains steadfast in its commitment to sustainable growth. The company is poised to navigate these complexities through a robust and adaptive strategy, reinforcing its position as a leading financial intermediary. By effectively bridging the gap between businesses in need of capital and investors seeking sustainable returns, XSpring continues to demonstrate its resilience and ability to evolve in a dynamic financial landscape.
“As we move forward in 2025, XSpring Capital Public Company Limited is committed to maintaining stability, expanding its business operations strategically, and solidifying its role as a trusted financial partner,” concluded Ms. Varangkana.
