New Risk • May 22
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 15% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (₩89.7b market cap, or US$59.1m). Annonce • May 19
CreoSG Co.,Ltd. announced that it has received KRW 3 billion in funding On May 18, 2026, CreoSG Co.,Ltd. closed the transaction. Board Change • May 12
No independent directors There are 3 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). Full time Director ChanGu Park is the most experienced director on the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. Reported Earnings • Mar 27
Full year 2025 earnings released: ₩88.00 loss per share (vs ₩83.00 loss in FY 2024) Full year 2025 results: ₩88.00 loss per share. Revenue: ₩10.9b (up 33% from FY 2024). Net loss: ₩8.54b (loss narrowed 32% from FY 2024). Annonce • Mar 17
CreoSG Co.,Ltd., Annual General Meeting, Mar 31, 2026 CreoSG Co.,Ltd., Annual General Meeting, Mar 31, 2026, at 10:00 Tokyo Standard Time. Location: auditorium, 7, yeongdong-daero 57-gil, gangnam-gu, seoul South Korea Board Change • Dec 18
No independent directors There are 3 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). Full time Director ChanGu Park is the most experienced director on the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. Annonce • Dec 09
CreoSG Co.,Ltd. announced that it has received KRW 2 billion in funding On December 8, 2025, CreoSG Co.,Ltd. closed the transaction. Annonce • Nov 28
CreoSG Co.,Ltd. announced that it expects to receive KRW 2 billion in funding CreoSG Co.,Ltd. announced a private placement to issue Series 23 Unregistered Interest Unsecured Private Convertible Bonds for the proceeds of KRW 2,000,000,000 on November 27, 2025. Transaction involves participation of Hwang Seon-guk for KRW 900,000,000, Park Sung-kyu for KRW 800,000,000 and Kang Sung Hak for KRW 300,000,000 as an individual investors. The bond bear 0% interest and yield to maturity is 8%. Bond matures on December 08, 2028 and conversion price is KRW 558. Transaction is approved by board of directors and is expected to close by December 08, 2025. Securities are restricted for 1 year from closing. Annonce • Sep 04
CreoSG Co.,Ltd. has filed a Follow-on Equity Offering in the amount of KRW 999.9995 million. CreoSG Co.,Ltd. has filed a Follow-on Equity Offering in the amount of KRW 999.9995 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 1,999,999
Price\Range: KRW 500
Transaction Features: Subsequent Direct Listing New Risk • Sep 01
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -₩6.7b This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₩6.7b free cash flow). Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 15% per year over the past 5 years. Shareholders have been substantially diluted in the past year (32% increase in shares outstanding). Minor Risk Market cap is less than US$100m (₩54.2b market cap, or US$38.9m). New Risk • Aug 18
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of South Korean stocks, typically moving 12% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 13% per year over the past 5 years. Shareholders have been substantially diluted in the past year (32% increase in shares outstanding). Minor Risk Market cap is less than US$100m (₩63.4b market cap, or US$45.8m). New Risk • Jul 09
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 8.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 13% per year over the past 5 years. Shareholders have been substantially diluted in the past year (32% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (8.9% average weekly change). Market cap is less than US$100m (₩109.3b market cap, or US$79.5m). New Risk • May 15
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 9.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 10% per year over the past 5 years. Shareholders have been substantially diluted in the past year (35% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (9.0% average weekly change). Market cap is less than US$100m (₩111.8b market cap, or US$80.2m). Annonce • May 14
CreoSG Co.,Ltd. announced that it expects to receive KRW 10 billion in funding CreoSG announced a private placement to issue 20,000,000 common shares at an issue price of KRW 500 per share for gross proceeds of KRW 10,000,000,000 on May 13, 2025. The transaction will include participation from new investor Mark Williams Fund. The transaction has been approved by shareholders, restricted to a hold period, expected to close on June 27, 2025. New Risk • Mar 27
New minor risk - Financial position The company has less than a year of cash runway based on its current free cash flow. Free cash flow: -₩38b This is considered a minor risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 10% per year over the past 5 years. Shareholders have been substantially diluted in the past year (35% increase in shares outstanding). Minor Risks Less than 1 year of cash runway based on current free cash flow (-₩38b). Market cap is less than US$100m (₩108.2b market cap, or US$73.8m). Annonce • Mar 13
CreoSG Co.,Ltd., Annual General Meeting, Mar 27, 2025 CreoSG Co.,Ltd., Annual General Meeting, Mar 27, 2025, at 10:00 Tokyo Standard Time. Location: auditorium, 25, hakdong-ro 20-gil, gangnam-gu, seoul South Korea New Risk • Jan 16
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 35% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 3.7% per year over the past 5 years. Shareholders have been substantially diluted in the past year (35% increase in shares outstanding). Minor Risk Market cap is less than US$100m (₩103.9b market cap, or US$71.3m). New Risk • Dec 16
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risks Shareholders have been diluted in the past year (48% increase in shares outstanding). Market cap is less than US$100m (₩103.2b market cap, or US$71.8m). New Risk • Dec 08
New major risk - Financial data availability The company's latest financial reports are more than a year old. Last reported fiscal period ended September 2013. This is considered a major risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risk Latest financial reports are more than 1 year old (reported September 2013 fiscal period end). Minor Risks Shareholders have been diluted in the past year (48% increase in shares outstanding). Market cap is less than US$100m (₩100.0b market cap, or US$70.3m). New Risk • Nov 26
New major risk - Revenue and earnings growth Earnings have declined by 3.7% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 3.7% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.6% average weekly change). Shareholders have been diluted in the past year (21% increase in shares outstanding). Market cap is less than US$100m (₩84.3b market cap, or US$60.4m). New Risk • Nov 06
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 8.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.5% average weekly change). Shareholders have been diluted in the past year (21% increase in shares outstanding). Market cap is less than US$100m (₩97.4b market cap, or US$69.8m). Annonce • Sep 05
CreoSG Co.,Ltd. has filed a Follow-on Equity Offering in the amount of KRW 30.012 billion. CreoSG Co.,Ltd. has filed a Follow-on Equity Offering in the amount of KRW 30.012 billion.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 41,000,000
Price\Range: KRW 732
Discount Per Security: KRW 14.64
Transaction Features: Rights Offering New Risk • Aug 31
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -₩39b This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-₩39b free cash flow). Minor Risks Share price has been volatile over the past 3 months (9.3% average weekly change). Shareholders have been diluted in the past year (16% increase in shares outstanding). Market cap is less than US$100m (₩129.0b market cap, or US$96.6m). New Risk • Apr 20
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 8.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.3% average weekly change). Shareholders have been diluted in the past year (14% increase in shares outstanding). Market cap is less than US$100m (₩81.1b market cap, or US$59.0m). Reported Earnings • Mar 22
Full year 2023 earnings released: ₩93.00 loss per share (vs ₩83.00 loss in FY 2022) Full year 2023 results: ₩93.00 loss per share (further deteriorated from ₩83.00 loss in FY 2022). Revenue: ₩9.76b (flat on FY 2022). Net loss: ₩11.7b (loss widened 13% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 31% per year whereas the company’s share price has fallen by 30% per year. New Risk • Jan 06
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 14% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Shareholders have been diluted in the past year (14% increase in shares outstanding). Market cap is less than US$100m (₩73.0b market cap, or US$55.5m). Market cap is less than US$100m (₩73.0b market cap, or US$55.5m). New Risk • Nov 27
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -₩5.0b This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-₩5.0b free cash flow). Minor Risk Market cap is less than US$100m (₩58.4b market cap, or US$44.8m). Annonce • Aug 08
CUROCOM Co., Ltd. announced that it has received KRW 6 billion in funding CUROCOM Co., Ltd. announced a private placement of series 22 unsecured privately placed convertible bond with unregistered food rights for the gross proceeds of KRW 6,000,000,000 on August 7, 2023. The transaction has been approved by the shareholders of the company. Reported Earnings • Mar 26
Full year 2022 earnings released: ₩83.00 loss per share (vs ₩115 loss in FY 2021) Full year 2022 results: ₩83.00 loss per share (improved from ₩115 loss in FY 2021). Revenue: ₩9.78b (up 13% from FY 2021). Net loss: ₩10.4b (loss narrowed 26% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 38% per year, which means it is performing significantly worse than earnings. Annonce • Mar 31
CUROCOM Co., Ltd. announced that it has received KRW 6 billion in funding On March 30, 2022, CUROCOM Co., Ltd. closed the transaction. Reported Earnings • Mar 17
Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2021 results: ₩115 loss per share (down from ₩34.14 loss in FY 2020). Revenue: ₩8.64b (down 12% from FY 2020). Net loss: ₩14.1b (loss widened 266% from FY 2020). Revenue missed analyst estimates by 3.8%. Earnings per share (EPS) exceeded analyst estimates by 110%. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Annonce • May 21
CUROCOM Co., Ltd. announced that it has received KRW 8.399998653 billion in funding from Curo Holdings Co., Ltd., Q Capital Partners Co., Ltd. On May 20, 2021, CUROCOM Co., Ltd. (KOSDAQ:A040350) closed the transaction. Annonce • May 13
CUROCOM Co., Ltd. announced that it expects to receive KRW 8.399998653 billion in funding from Curo Holdings Co., Ltd., Q Capital Partners Co., Ltd. CUROCOM Co., Ltd. (KOSDAQ:A040350) announced a private placement of 6,506,583 shares at an issue price of KRW 1,291 per share for gross proceeds of KRW 8,399,998,653 on May 12, 2021. The company is raising funding through third party allocation method. The transaction will include participation from Curo Holdings Co., Ltd. (KOSDAQ:A051780) for 4,725,019 shares and from Q Capital Partners Co., Ltd. (KOSDAQ:A016600) for 1,781,564 shares. The payment date of the transaction is May 20, 2021. The transaction has been approved by the board of directors. Is New 90 Day High Low • Feb 26
New 90-day low: ₩1,400 The company is down 31% from its price of ₩2,025 on 27 November 2020. The South Korean market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 9.0% over the same period. Is New 90 Day High Low • Feb 08
New 90-day low: ₩1,410 The company is down 40% from its price of ₩2,340 on 10 November 2020. The South Korean market is up 25% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 9.0% over the same period. Is New 90 Day High Low • Jan 11
New 90-day low: ₩1,785 The company is down 25% from its price of ₩2,385 on 13 October 2020. The South Korean market is up 29% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 8.0% over the same period. Is New 90 Day High Low • Dec 17
New 90-day low: ₩1,940 The company is down 22% from its price of ₩2,500 on 18 September 2020. The South Korean market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 1.0% over the same period. Is New 90 Day High Low • Nov 25
New 90-day low: ₩2,040 The company is down 9.0% from its price of ₩2,250 on 27 August 2020. The South Korean market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 8.0% over the same period. Is New 90 Day High Low • Oct 05
New 90-day high: ₩2,665 The company is up 29% from its price of ₩2,060 on 07 July 2020. The South Korean market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 14% over the same period. Annonce • Aug 06
CUROCOM Co.,Ltd. announced that it has received KRW 3 billion in funding CUROCOM.Co.Ltd. (KOSDAQ:A040350) announced a private placement of 20th non-guaranteed convertible private equity bonds for gross proceeds of KRW 3,000,000,000 on August 6, 2020. The transaction included participation from Co., W. J & Partners. The zero coupon bonds will bear a yield to maturity of 1%. The bonds will be convertible into 1,238,134 common shares of the company at a fixed conversion price of KRW 2,423 per share from August 6, 2021 to July 6, 2023. The bonds issued in the transaction will have a hold period of one year, from the closing. The bonds maturity date is August 6, 2023. The transaction has been approved by board of directors of the company.