BTS stock reports zero BTS-W8 exercises after Q1 loss

Published on 10/07/2026 at 02:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

BTS stock follows a Q1 2026/27 report showing THB 7,492 million in revenue on October 2. EBITDA reached THB 2,822 million while net loss was THB 388 million.

BTS, TH0221B10Z05, Illustration mit AI erstellt.

BTS Group Holdings stock was last at THB 1.94 on the Stock Exchange of Thailand on October 6, 2026 at 4:37 p.m. ICT, unchanged from the prior close. The company reported THB 7,492 million in revenue for the first quarter of fiscal 2026/27, giving investors a fresh view of operations after a loss-making period.

Warrants remain largely unused

According to TFEX on October 1, 2026, BTS-W8 recorded zero exercised warrants for the allocation report. The filing listed 2,632,313,258 unexercised warrants, an exercise ratio of 1.00 to 1.036 and an exercise price of THB 14.387 per share.

The warrant figures stand well above the ordinary share price of THB 1.94, but they do not represent a current cash inflow for BTS. The immediate company message is therefore about potential future dilution and capital structure rather than completed warrant funding.

Revenue comes with a quarterly loss

The BTS Group investor-relations page identifies Q1 2026/27 revenue of THB 7,492 million, EBITDA of THB 2,822 million and a net loss attributable to shareholders of THB 388 million. The figures cover the quarter ended June 30, 2026 and were presented in the company's latest financial update on October 2, 2026, according to BTS Group.

EBITDA was 37.7 percent of the reported revenue, while the net loss was 5.2 percent of revenue. That combination shows why the top-line figure alone does not describe the quarter: operating earnings were positive, but the consolidated result remained negative after other costs and financial items.

Stock sits below its yearly high

BTS stock traded within a 52-week range of THB 1.93 to THB 3.12 on the same quote record. At THB 1.94, the share price stood 37.82 percent below the 52-week high, only THB 0.01 above the yearly low, while volume reached 11,329,577 shares.

Market capitalization was THB 31.2 billion as of October 6, 2026. For investors, the contrast is clear: the business update supplies revenue and EBITDA scale, while the market quote shows a share price close to its 52-week low and a quarterly net loss that still shapes the valuation discussion.