View Past Performance91APP バランスシートの健全性財務の健全性 基準チェック /5691APPの総株主資本はNT$3.1B 、総負債はNT$835.0Kで、負債比率は0.03%となります。総資産と総負債はそれぞれNT$5.2BとNT$2.0Bです。 91APPの EBIT はNT$606.5Mで、利息カバレッジ比率-9.4です。現金および短期投資はNT$1.8Bです。主要情報0.027%負債資本比率NT$835.00k負債インタレスト・カバレッジ・レシオ-9.4x現金NT$1.78bエクイティNT$3.13b負債合計NT$2.03b総資産NT$5.15b財務の健全性に関する最新情報更新なしすべての更新を表示Recent updatesReported Earnings • May 16First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2026 results: EPS: NT$1.00 (down from NT$1.15 in 1Q 2025). Revenue: NT$541.1m (up 31% from 1Q 2025). Net income: NT$131.8m (down 1.7% from 1Q 2025). Profit margin: 24% (down from 33% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.8%. Earnings per share (EPS) missed analyst estimates by 4.1%. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Software industry in Asia. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings.Reported Earnings • Mar 14Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: NT$4.40 (up from NT$4.22 in FY 2024). Revenue: NT$1.81b (up 12% from FY 2024). Net income: NT$507.5m (up 2.0% from FY 2024). Profit margin: 28% (down from 31% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.0%. Revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Software industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings.お知らせ • Mar 1391APP, Inc., Annual General Meeting, May 29, 202691APP, Inc., Annual General Meeting, May 29, 2026, at 09:00 Taipei Standard Time. Location: 4 floor no,207, t`i ting ta tao, neihu district, taipei city TaiwanReported Earnings • Nov 16Third quarter 2025 earnings: EPS misses analyst expectationsThird quarter 2025 results: EPS: NT$0.99 (up from NT$0.88 in 3Q 2024). Revenue: NT$421.8m (up 11% from 3Q 2024). Net income: NT$112.8m (up 8.2% from 3Q 2024). Profit margin: 27% (in line with 3Q 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.7%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Software industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Reported Earnings • Aug 22Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: EPS: NT$0.82 (down from NT$1.00 in 2Q 2024). Revenue: NT$422.6m (up 9.9% from 2Q 2024). Net income: NT$93.9m (down 20% from 2Q 2024). Profit margin: 22% (down from 31% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.5%. Earnings per share (EPS) also missed analyst estimates by 11%. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Software industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.Board Change • Jun 11Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Chien-Nan Hsieh was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Jun 03Upcoming dividend of NT$1.74 per shareEligible shareholders must have bought the stock before 10 June 2025. Payment date: 11 July 2025. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Taiwanese dividend payers (5.3%). Lower than average of industry peers (2.8%).お知らせ • May 2491APP, Inc. Approves the Appointment of Hsieh, Chien-Nan as Independent Director91APP, Inc. at its 2025 Annual Shareholders' Meeting held on May 23, 2025, approved the appointment of Hsieh, Chien-Nan as Independent Director.Reported Earnings • May 16First quarter 2025 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2025 results: EPS: NT$1.15 (up from NT$1.02 in 1Q 2024). Revenue: NT$411.9m (up 11% from 1Q 2024). Net income: NT$134.1m (up 12% from 1Q 2024). Profit margin: 33% (in line with 1Q 2024). Revenue exceeded analyst estimates by 6.5%. Earnings per share (EPS) also surpassed analyst estimates by 18%. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Software industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.お知らせ • May 0891APP, Inc. to Report Q1, 2025 Results on May 15, 202591APP, Inc. announced that they will report Q1, 2025 results on May 15, 2025New Risk • Apr 13New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$341.8m (US$10.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company.Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to NT$66.00, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 28x in the Software industry in Asia. Total loss to shareholders of 56% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$126 per share.お知らせ • Mar 0791APP, Inc., Annual General Meeting, May 23, 202591APP, Inc., Annual General Meeting, May 23, 2025. Location: 2 floor no,327, t`i ting ta tao, neihu district, taipei city TaiwanBuy Or Sell Opportunity • Mar 03Now 20% undervaluedOver the last 90 days, the stock has risen 15% to NT$100.00. The fair value is estimated to be NT$125, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 16%. Revenue is forecast to grow by 41% in 2 years. Earnings are forecast to grow by 48% in the next 2 years.お知らせ • Feb 2791APP, Inc. to Report Fiscal Year 2024 Results on Mar 06, 202591APP, Inc. announced that they will report fiscal year 2024 results on Mar 06, 2025Valuation Update With 7 Day Price Move • Feb 07Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$103, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 33x in the Software industry in Asia. Total loss to shareholders of 52% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$131 per share.Reported Earnings • Nov 18Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: EPS: NT$0.88 (down from NT$0.97 in 3Q 2023). Revenue: NT$381.3m (up 18% from 3Q 2023). Net income: NT$104.3m (down 8.6% from 3Q 2023). Profit margin: 27% (down from 35% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.1%. Earnings per share (EPS) also missed analyst estimates by 3.5%. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 22% growth forecast for the Software industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 33% per year, which means it is significantly lagging earnings.Reported Earnings • Aug 23Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: EPS: NT$1.00 (up from NT$0.84 in 2Q 2023). Revenue: NT$384.5m (up 18% from 2Q 2023). Net income: NT$117.9m (up 19% from 2Q 2023). Profit margin: 31% (in line with 2Q 2023). Revenue exceeded analyst estimates by 1.8%. Earnings per share (EPS) also surpassed analyst estimates by 8.0%. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Software industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings.お知らせ • Aug 2391APP, Inc. Announces Appointment of Yu,Pei-Yu as Member of Remuneration Committee91APP, Inc. announced the appointment of Yu,Pei-Yu as member of Remuneration Committee. Resume of the new position holder: Independent, Non-executive Director, Member of Audit Committee and Remuneration Committee of The a2 Milk Company Ltd. Original term from August 17, 2022 to June 8, 2025. Effective date of the new member: August 22, 2024.お知らせ • Aug 1591App, Inc. to Report Q2, 2024 Results on Aug 22, 202491App, Inc. announced that they will report Q2, 2024 results on Aug 22, 2024Declared Dividend • Jul 03Dividend of NT$0.95 announcedShareholders will receive a dividend of NT$0.95. Ex-date: 16th July 2024 Payment date: 16th August 2024 Dividend yield will be 1.0%, which is lower than the industry average of 2.5%. Sustainability & Growth Dividend is well covered by both earnings (25% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has increased by an average of 41% per year over the past 2 years and payments have been stable during that time. EPS is expected to grow by 23% over the next year, which should provide support to the dividend and adequate earnings cover.お知らせ • Jul 02+ 1 more update91App, Inc. Announces Appointment of Ho, Ying-Chi and Yang, Ming-Fang as Co-Chief Executive Officers91App, Inc. announced appointment of Ho, Ying-Chi and Yang, Ming-Fang as Co-Chief Executive Officer. Name, title, and resume of the new position holder: Ho, Ying-Chi, Chairman & Co-CEO of the Company; Yang, Ming-Fang, Director,General Manager & Co-CEO of the Company. Reason for the change: Due to organizational restructuring, the position of Co-CEO has been newly established. Effective date is July 1, 2024.Reported Earnings • May 08First quarter 2024 earnings released: EPS: NT$1.02 (vs NT$0.64 in 1Q 2023)First quarter 2024 results: EPS: NT$1.02 (up from NT$0.64 in 1Q 2023). Revenue: NT$372.3m (up 15% from 1Q 2023). Net income: NT$120.0m (up 58% from 1Q 2023). Profit margin: 32% (up from 24% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Software industry in Asia.Buy Or Sell Opportunity • Apr 18Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 12% to NT$86.70. The fair value is estimated to be NT$109, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 17%. Revenue is forecast to grow by 39% in 2 years. Earnings are forecast to grow by 65% in the next 2 years.Reported Earnings • Mar 19Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: NT$3.37 (up from NT$2.83 in FY 2022). Revenue: NT$1.39b (up 10.0% from FY 2022). Net income: NT$398.2m (up 18% from FY 2022). Profit margin: 29% (up from 27% in FY 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 9.5%. Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Software industry in Asia.お知らせ • Mar 1591App, Inc. Approves Cash Dividend for the Year Ended December 31, 202391App, Inc. announced the board of directors approved cash dividend of TWD 0.95 per share for the year ended December 31, 2023. Total amount of cash dividends to shareholders is TWD 112,174,097.お知らせ • Mar 0791App, Inc. Announces the Resignation of Chuang, Fong-Ping as Director91App, Inc. announced the resignation of Chuang,Fong-Ping as Director. Reason for the change is Heavy workload.Major Estimate Revision • Nov 15Consensus EPS estimates increase by 10%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from NT$1.39b to NT$1.42b. EPS estimate increased from NT$3.47 to NT$3.83 per share. Net income forecast to grow 29% next year vs 46% growth forecast for Software industry in Taiwan. Consensus price target down from NT$166 to NT$156. Share price was steady at NT$102 over the past week.Major Estimate Revision • Sep 14Consensus revenue estimates fall by 11%The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from NT$1.53b to NT$1.36b. EPS estimate fell from NT$3.77 to NT$3.42 per share. Net income forecast to grow 29% next year vs 43% growth forecast for Software industry in Taiwan. Consensus price target down from NT$172 to NT$164. Share price rose 4.0% to NT$105 over the past week.Reported Earnings • Aug 19Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2023 results: EPS: NT$0.84 (up from NT$0.60 in 2Q 2022). Revenue: NT$324.9m (up 9.8% from 2Q 2022). Net income: NT$98.9m (up 37% from 2Q 2022). Profit margin: 30% (up from 24% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 8.2%. Earnings per share (EPS) exceeded analyst estimates by 5.2%. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Software industry in Asia.Upcoming Dividend • Jul 10Upcoming dividend of NT$0.70 per share at 0.5% yieldEligible shareholders must have bought the stock before 17 July 2023. Payment date: 17 August 2023. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (2.4%).お知らせ • Jul 0191App, Inc. Announces Cash Dividend, Payable on August 17, 202391App, Inc. announced a cash dividend in the total amount of TWD 82,654,598. Ex-rights (Ex-dividend) date is July 17, 2023. Ex-rights (Ex-dividend) record date is July 23, 2023. The payment date of cash dividend distribution is August 17, 2023.Reported Earnings • May 13First quarter 2023 earnings released: EPS: NT$0.64 (vs NT$0.55 in 1Q 2022)First quarter 2023 results: EPS: NT$0.64 (up from NT$0.55 in 1Q 2022). Revenue: NT$323.6m (up 15% from 1Q 2022). Net income: NT$76.1m (up 14% from 1Q 2022). Profit margin: 24% (in line with 1Q 2022). Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Software industry in Asia.お知らせ • May 1391App, Inc. Approves the Appointment of Wei,Yun-Ting as Corporate Governance Officer91App, Inc. approved the appointment of Wei,Yun-Ting, Assistant Manager of Accounting Division as Corporate Governance Officer, effective May 11, 2023.Valuation Update With 7 Day Price Move • Apr 28Investor sentiment improves as stock rises 24%After last week's 24% share price gain to NT$146, the stock trades at a trailing P/E ratio of 50.8x. Average forward P/E is 29x in the Software industry in Taiwan. Total returns to shareholders of 12% over the past year.Reported Earnings • Mar 15Full year 2022 earnings released: EPS: NT$2.83 (vs NT$2.59 in FY 2021)Full year 2022 results: EPS: NT$2.83 (up from NT$2.59 in FY 2021). Revenue: NT$1.26b (up 15% from FY 2021). Net income: NT$337.9m (up 13% from FY 2021). Profit margin: 27% (in line with FY 2021).Valuation Update With 7 Day Price Move • Dec 21Investor sentiment improved over the past weekAfter last week's 22% share price gain to NT$111, the stock trades at a trailing P/E ratio of 41.2x. Average forward P/E is 26x in the Software industry in Taiwan. Total loss to shareholders of 59% over the past year.Valuation Update With 7 Day Price Move • Dec 01Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$96.00, the stock trades at a trailing P/E ratio of 35.6x. Average forward P/E is 27x in the Software industry in Taiwan. Total loss to shareholders of 67% over the past year.Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 3 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Hsi-Peng Lu was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Nov 13Third quarter 2022 earnings released: EPS: NT$0.67 (vs NT$0.63 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.67 (up from NT$0.63 in 3Q 2021). Revenue: NT$296.8m (up 8.8% from 3Q 2021). Net income: NT$79.7m (up 5.1% from 3Q 2021). Profit margin: 27% (down from 28% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 22% growth forecast for the Software industry in Asia.Valuation Update With 7 Day Price Move • Sep 23Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to NT$81.40, the stock trades at a trailing P/E ratio of 30x. Average trailing P/E is 15x in the Software industry in Taiwan. Total loss to shareholders of 62% over the past year.お知らせ • Aug 1891App, Inc. Announces Executive Changes91App, Inc. announced Resume of the previous position holder Lu,Hsi-Peng,Distinguished Professor, Department of Information Management, National Taiwan University of Science and Technology Huang,Chun-Yao,Professor, College of Management,National Taiwan University Lu,Wen-Hsiu,Vice President of Human Resources,Sercomm Corporation 5.Name of the new position holder:Lu,Hsi-Peng,Huang,Chun-Yao,Chi,Mei-Na 6.Resume of the new position holder: Lu,Hsi-Peng,Distinguished Professor, Department of Information Management, National Taiwan University of Science and Technology Huang,Chun-Yao,Professor, College of Management,National Taiwan University Chi,Mei-Na,CFO of I POINT CO., LTD. Effective date of the new member Au. 17, 2022.Valuation Update With 7 Day Price Move • Jul 06Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to NT$111, the stock trades at a trailing P/E ratio of 40.9x. Average trailing P/E is 14x in the Software industry in Taiwan. Total loss to shareholders of 66% over the past year.お知らせ • Jul 0591App, Inc. Announces Cash Dividend, Payable on August 11, 202291App, Inc. announced cash dividend in total amount of TWD 57,877,439. Ex-rights (Ex-dividend) date is July 20, 2022. Ex-rights (Ex-dividend) record date is July 26, 2022. Payment date of cash dividend distribution is August 11, 2022. Type and monetary amount of original dividend distribution: Cash dividend: total amount TWD 57,877,439. TWD 0.48 per share. Type and monetary amount of dividend distribution after the change: Cash dividend: total amount TWD 57,877,439. TWD 0.49016277 per share.Reported Earnings • May 02Full year 2021 earnings released: EPS: NT$2.58 (vs NT$1.92 in FY 2020)Full year 2021 results: EPS: NT$2.58 (up from NT$1.92 in FY 2020). Revenue: NT$1.10b (up 26% from FY 2020). Net income: NT$298.4m (up 45% from FY 2020). Profit margin: 27% (up from 24% in FY 2020). The increase in margin was driven by higher revenue.Valuation Update With 7 Day Price Move • Mar 09Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to NT$166, the stock trades at a trailing P/E ratio of 69.7x. Average trailing P/E is 16x in the Software industry in Taiwan.財務状況分析短期負債: 6741の 短期資産 ( NT$3.2B ) が 短期負債 ( NT$2.0B ) を超えています。長期負債: 6741の短期資産 ( NT$3.2B ) が 長期負債 ( NT$50.5M ) を上回っています。デット・ツー・エクイティの歴史と分析負債レベル: 6741総負債よりも多くの現金を保有しています。負債の削減: 6741の負債対資本比率は、過去 5 年間で0%から0.03%に増加しました。債務返済能力: 6741の負債は 営業キャッシュフロー によって 十分にカバー されています ( 58289.3% )。インタレストカバレッジ: 6741支払う利息よりも稼ぐ利息の方が多いので、利息支払い の補償は問題になりません。貸借対照表健全な企業の発掘7D1Y7D1Y7D1YSoftware 業界の健全な企業。View Dividend企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/22 08:57終値2026/05/22 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋91APP, Inc. 2 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。5 アナリスト機関Zhaoxiang YenCapital Securities CorporationFan-Jen TsengKGI Securities Co. Ltd.Yiru ChenMasterlink Securities Investment Advisory2 その他のアナリストを表示
Reported Earnings • May 16First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2026 results: EPS: NT$1.00 (down from NT$1.15 in 1Q 2025). Revenue: NT$541.1m (up 31% from 1Q 2025). Net income: NT$131.8m (down 1.7% from 1Q 2025). Profit margin: 24% (down from 33% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.8%. Earnings per share (EPS) missed analyst estimates by 4.1%. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Software industry in Asia. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings.
Reported Earnings • Mar 14Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: NT$4.40 (up from NT$4.22 in FY 2024). Revenue: NT$1.81b (up 12% from FY 2024). Net income: NT$507.5m (up 2.0% from FY 2024). Profit margin: 28% (down from 31% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.0%. Revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Software industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings.
お知らせ • Mar 1391APP, Inc., Annual General Meeting, May 29, 202691APP, Inc., Annual General Meeting, May 29, 2026, at 09:00 Taipei Standard Time. Location: 4 floor no,207, t`i ting ta tao, neihu district, taipei city Taiwan
Reported Earnings • Nov 16Third quarter 2025 earnings: EPS misses analyst expectationsThird quarter 2025 results: EPS: NT$0.99 (up from NT$0.88 in 3Q 2024). Revenue: NT$421.8m (up 11% from 3Q 2024). Net income: NT$112.8m (up 8.2% from 3Q 2024). Profit margin: 27% (in line with 3Q 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.7%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Software industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Reported Earnings • Aug 22Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: EPS: NT$0.82 (down from NT$1.00 in 2Q 2024). Revenue: NT$422.6m (up 9.9% from 2Q 2024). Net income: NT$93.9m (down 20% from 2Q 2024). Profit margin: 22% (down from 31% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.5%. Earnings per share (EPS) also missed analyst estimates by 11%. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Software industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
Board Change • Jun 11Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Chien-Nan Hsieh was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Jun 03Upcoming dividend of NT$1.74 per shareEligible shareholders must have bought the stock before 10 June 2025. Payment date: 11 July 2025. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Taiwanese dividend payers (5.3%). Lower than average of industry peers (2.8%).
お知らせ • May 2491APP, Inc. Approves the Appointment of Hsieh, Chien-Nan as Independent Director91APP, Inc. at its 2025 Annual Shareholders' Meeting held on May 23, 2025, approved the appointment of Hsieh, Chien-Nan as Independent Director.
Reported Earnings • May 16First quarter 2025 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2025 results: EPS: NT$1.15 (up from NT$1.02 in 1Q 2024). Revenue: NT$411.9m (up 11% from 1Q 2024). Net income: NT$134.1m (up 12% from 1Q 2024). Profit margin: 33% (in line with 1Q 2024). Revenue exceeded analyst estimates by 6.5%. Earnings per share (EPS) also surpassed analyst estimates by 18%. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Software industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.
お知らせ • May 0891APP, Inc. to Report Q1, 2025 Results on May 15, 202591APP, Inc. announced that they will report Q1, 2025 results on May 15, 2025
New Risk • Apr 13New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$341.8m (US$10.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company.
Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to NT$66.00, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 28x in the Software industry in Asia. Total loss to shareholders of 56% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$126 per share.
お知らせ • Mar 0791APP, Inc., Annual General Meeting, May 23, 202591APP, Inc., Annual General Meeting, May 23, 2025. Location: 2 floor no,327, t`i ting ta tao, neihu district, taipei city Taiwan
Buy Or Sell Opportunity • Mar 03Now 20% undervaluedOver the last 90 days, the stock has risen 15% to NT$100.00. The fair value is estimated to be NT$125, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 16%. Revenue is forecast to grow by 41% in 2 years. Earnings are forecast to grow by 48% in the next 2 years.
お知らせ • Feb 2791APP, Inc. to Report Fiscal Year 2024 Results on Mar 06, 202591APP, Inc. announced that they will report fiscal year 2024 results on Mar 06, 2025
Valuation Update With 7 Day Price Move • Feb 07Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$103, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 33x in the Software industry in Asia. Total loss to shareholders of 52% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$131 per share.
Reported Earnings • Nov 18Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: EPS: NT$0.88 (down from NT$0.97 in 3Q 2023). Revenue: NT$381.3m (up 18% from 3Q 2023). Net income: NT$104.3m (down 8.6% from 3Q 2023). Profit margin: 27% (down from 35% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.1%. Earnings per share (EPS) also missed analyst estimates by 3.5%. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 22% growth forecast for the Software industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 33% per year, which means it is significantly lagging earnings.
Reported Earnings • Aug 23Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: EPS: NT$1.00 (up from NT$0.84 in 2Q 2023). Revenue: NT$384.5m (up 18% from 2Q 2023). Net income: NT$117.9m (up 19% from 2Q 2023). Profit margin: 31% (in line with 2Q 2023). Revenue exceeded analyst estimates by 1.8%. Earnings per share (EPS) also surpassed analyst estimates by 8.0%. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Software industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings.
お知らせ • Aug 2391APP, Inc. Announces Appointment of Yu,Pei-Yu as Member of Remuneration Committee91APP, Inc. announced the appointment of Yu,Pei-Yu as member of Remuneration Committee. Resume of the new position holder: Independent, Non-executive Director, Member of Audit Committee and Remuneration Committee of The a2 Milk Company Ltd. Original term from August 17, 2022 to June 8, 2025. Effective date of the new member: August 22, 2024.
お知らせ • Aug 1591App, Inc. to Report Q2, 2024 Results on Aug 22, 202491App, Inc. announced that they will report Q2, 2024 results on Aug 22, 2024
Declared Dividend • Jul 03Dividend of NT$0.95 announcedShareholders will receive a dividend of NT$0.95. Ex-date: 16th July 2024 Payment date: 16th August 2024 Dividend yield will be 1.0%, which is lower than the industry average of 2.5%. Sustainability & Growth Dividend is well covered by both earnings (25% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has increased by an average of 41% per year over the past 2 years and payments have been stable during that time. EPS is expected to grow by 23% over the next year, which should provide support to the dividend and adequate earnings cover.
お知らせ • Jul 02+ 1 more update91App, Inc. Announces Appointment of Ho, Ying-Chi and Yang, Ming-Fang as Co-Chief Executive Officers91App, Inc. announced appointment of Ho, Ying-Chi and Yang, Ming-Fang as Co-Chief Executive Officer. Name, title, and resume of the new position holder: Ho, Ying-Chi, Chairman & Co-CEO of the Company; Yang, Ming-Fang, Director,General Manager & Co-CEO of the Company. Reason for the change: Due to organizational restructuring, the position of Co-CEO has been newly established. Effective date is July 1, 2024.
Reported Earnings • May 08First quarter 2024 earnings released: EPS: NT$1.02 (vs NT$0.64 in 1Q 2023)First quarter 2024 results: EPS: NT$1.02 (up from NT$0.64 in 1Q 2023). Revenue: NT$372.3m (up 15% from 1Q 2023). Net income: NT$120.0m (up 58% from 1Q 2023). Profit margin: 32% (up from 24% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Software industry in Asia.
Buy Or Sell Opportunity • Apr 18Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 12% to NT$86.70. The fair value is estimated to be NT$109, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 17%. Revenue is forecast to grow by 39% in 2 years. Earnings are forecast to grow by 65% in the next 2 years.
Reported Earnings • Mar 19Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: NT$3.37 (up from NT$2.83 in FY 2022). Revenue: NT$1.39b (up 10.0% from FY 2022). Net income: NT$398.2m (up 18% from FY 2022). Profit margin: 29% (up from 27% in FY 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 9.5%. Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Software industry in Asia.
お知らせ • Mar 1591App, Inc. Approves Cash Dividend for the Year Ended December 31, 202391App, Inc. announced the board of directors approved cash dividend of TWD 0.95 per share for the year ended December 31, 2023. Total amount of cash dividends to shareholders is TWD 112,174,097.
お知らせ • Mar 0791App, Inc. Announces the Resignation of Chuang, Fong-Ping as Director91App, Inc. announced the resignation of Chuang,Fong-Ping as Director. Reason for the change is Heavy workload.
Major Estimate Revision • Nov 15Consensus EPS estimates increase by 10%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from NT$1.39b to NT$1.42b. EPS estimate increased from NT$3.47 to NT$3.83 per share. Net income forecast to grow 29% next year vs 46% growth forecast for Software industry in Taiwan. Consensus price target down from NT$166 to NT$156. Share price was steady at NT$102 over the past week.
Major Estimate Revision • Sep 14Consensus revenue estimates fall by 11%The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from NT$1.53b to NT$1.36b. EPS estimate fell from NT$3.77 to NT$3.42 per share. Net income forecast to grow 29% next year vs 43% growth forecast for Software industry in Taiwan. Consensus price target down from NT$172 to NT$164. Share price rose 4.0% to NT$105 over the past week.
Reported Earnings • Aug 19Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2023 results: EPS: NT$0.84 (up from NT$0.60 in 2Q 2022). Revenue: NT$324.9m (up 9.8% from 2Q 2022). Net income: NT$98.9m (up 37% from 2Q 2022). Profit margin: 30% (up from 24% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 8.2%. Earnings per share (EPS) exceeded analyst estimates by 5.2%. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Software industry in Asia.
Upcoming Dividend • Jul 10Upcoming dividend of NT$0.70 per share at 0.5% yieldEligible shareholders must have bought the stock before 17 July 2023. Payment date: 17 August 2023. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (2.4%).
お知らせ • Jul 0191App, Inc. Announces Cash Dividend, Payable on August 17, 202391App, Inc. announced a cash dividend in the total amount of TWD 82,654,598. Ex-rights (Ex-dividend) date is July 17, 2023. Ex-rights (Ex-dividend) record date is July 23, 2023. The payment date of cash dividend distribution is August 17, 2023.
Reported Earnings • May 13First quarter 2023 earnings released: EPS: NT$0.64 (vs NT$0.55 in 1Q 2022)First quarter 2023 results: EPS: NT$0.64 (up from NT$0.55 in 1Q 2022). Revenue: NT$323.6m (up 15% from 1Q 2022). Net income: NT$76.1m (up 14% from 1Q 2022). Profit margin: 24% (in line with 1Q 2022). Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Software industry in Asia.
お知らせ • May 1391App, Inc. Approves the Appointment of Wei,Yun-Ting as Corporate Governance Officer91App, Inc. approved the appointment of Wei,Yun-Ting, Assistant Manager of Accounting Division as Corporate Governance Officer, effective May 11, 2023.
Valuation Update With 7 Day Price Move • Apr 28Investor sentiment improves as stock rises 24%After last week's 24% share price gain to NT$146, the stock trades at a trailing P/E ratio of 50.8x. Average forward P/E is 29x in the Software industry in Taiwan. Total returns to shareholders of 12% over the past year.
Reported Earnings • Mar 15Full year 2022 earnings released: EPS: NT$2.83 (vs NT$2.59 in FY 2021)Full year 2022 results: EPS: NT$2.83 (up from NT$2.59 in FY 2021). Revenue: NT$1.26b (up 15% from FY 2021). Net income: NT$337.9m (up 13% from FY 2021). Profit margin: 27% (in line with FY 2021).
Valuation Update With 7 Day Price Move • Dec 21Investor sentiment improved over the past weekAfter last week's 22% share price gain to NT$111, the stock trades at a trailing P/E ratio of 41.2x. Average forward P/E is 26x in the Software industry in Taiwan. Total loss to shareholders of 59% over the past year.
Valuation Update With 7 Day Price Move • Dec 01Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$96.00, the stock trades at a trailing P/E ratio of 35.6x. Average forward P/E is 27x in the Software industry in Taiwan. Total loss to shareholders of 67% over the past year.
Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 3 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Hsi-Peng Lu was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Nov 13Third quarter 2022 earnings released: EPS: NT$0.67 (vs NT$0.63 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.67 (up from NT$0.63 in 3Q 2021). Revenue: NT$296.8m (up 8.8% from 3Q 2021). Net income: NT$79.7m (up 5.1% from 3Q 2021). Profit margin: 27% (down from 28% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 22% growth forecast for the Software industry in Asia.
Valuation Update With 7 Day Price Move • Sep 23Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to NT$81.40, the stock trades at a trailing P/E ratio of 30x. Average trailing P/E is 15x in the Software industry in Taiwan. Total loss to shareholders of 62% over the past year.
お知らせ • Aug 1891App, Inc. Announces Executive Changes91App, Inc. announced Resume of the previous position holder Lu,Hsi-Peng,Distinguished Professor, Department of Information Management, National Taiwan University of Science and Technology Huang,Chun-Yao,Professor, College of Management,National Taiwan University Lu,Wen-Hsiu,Vice President of Human Resources,Sercomm Corporation 5.Name of the new position holder:Lu,Hsi-Peng,Huang,Chun-Yao,Chi,Mei-Na 6.Resume of the new position holder: Lu,Hsi-Peng,Distinguished Professor, Department of Information Management, National Taiwan University of Science and Technology Huang,Chun-Yao,Professor, College of Management,National Taiwan University Chi,Mei-Na,CFO of I POINT CO., LTD. Effective date of the new member Au. 17, 2022.
Valuation Update With 7 Day Price Move • Jul 06Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to NT$111, the stock trades at a trailing P/E ratio of 40.9x. Average trailing P/E is 14x in the Software industry in Taiwan. Total loss to shareholders of 66% over the past year.
お知らせ • Jul 0591App, Inc. Announces Cash Dividend, Payable on August 11, 202291App, Inc. announced cash dividend in total amount of TWD 57,877,439. Ex-rights (Ex-dividend) date is July 20, 2022. Ex-rights (Ex-dividend) record date is July 26, 2022. Payment date of cash dividend distribution is August 11, 2022. Type and monetary amount of original dividend distribution: Cash dividend: total amount TWD 57,877,439. TWD 0.48 per share. Type and monetary amount of dividend distribution after the change: Cash dividend: total amount TWD 57,877,439. TWD 0.49016277 per share.
Reported Earnings • May 02Full year 2021 earnings released: EPS: NT$2.58 (vs NT$1.92 in FY 2020)Full year 2021 results: EPS: NT$2.58 (up from NT$1.92 in FY 2020). Revenue: NT$1.10b (up 26% from FY 2020). Net income: NT$298.4m (up 45% from FY 2020). Profit margin: 27% (up from 24% in FY 2020). The increase in margin was driven by higher revenue.
Valuation Update With 7 Day Price Move • Mar 09Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to NT$166, the stock trades at a trailing P/E ratio of 69.7x. Average trailing P/E is 16x in the Software industry in Taiwan.