View Future GrowthIQUEST 과거 순이익 실적과거 기준 점검 4/6IQUEST은 연평균 22.1%의 비율로 수입이 증가해 온 반면, Software 산업은 수입이 7.9% 증가했습니다. 매출은 연평균 10.8%의 비율로 증가했습니다. IQUEST의 자기자본이익률은 9.9%이고 순이익률은 12.9%입니다.핵심 정보22.15%순이익 성장률22.41%주당순이익(EPS) 성장률Software 산업 성장률14.56%매출 성장률10.82%자기자본이익률9.95%순이익률12.87%최근 순이익 업데이트31 Dec 2025최근 과거 실적 업데이트분석 기사 • Nov 23We Believe IQUEST's (KOSDAQ:262840) Earnings Are A Poor Guide For Its ProfitabilityWe didn't see IQUEST Co., Ltd.'s ( KOSDAQ:262840 ) stock surge when it reported robust earnings recently. We decided to...Reported Earnings • Nov 13Third quarter 2025 earnings released: EPS: ₩20.00 (vs ₩104 in 3Q 2024)Third quarter 2025 results: EPS: ₩20.00 (down from ₩104 in 3Q 2024). Revenue: ₩11.8b (up 3.9% from 3Q 2024). Net income: ₩811.1m (down 62% from 3Q 2024). Profit margin: 6.9% (down from 19% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.Reported Earnings • Aug 16Second quarter 2025 earnings released: EPS: ₩41.00 (vs ₩24.00 loss in 2Q 2024)Second quarter 2025 results: EPS: ₩41.00 (up from ₩24.00 loss in 2Q 2024). Revenue: ₩10.6b (up 21% from 2Q 2024). Net income: ₩840.8m (up ₩1.35b from 2Q 2024). Profit margin: 8.0% (up from net loss in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.분석 기사 • May 23IQUEST's (KOSDAQ:262840) Earnings Are Of Questionable QualityIQUEST Co., Ltd. ( KOSDAQ:262840 ) announced strong profits, but the stock was stagnant. Our analysis suggests that...Reported Earnings • May 19First quarter 2025 earnings released: EPS: ₩112 (vs ₩27.00 in 1Q 2024)First quarter 2025 results: EPS: ₩112 (up from ₩27.00 in 1Q 2024). Revenue: ₩9.78b (up 4.7% from 1Q 2024). Net income: ₩2.27b (up 312% from 1Q 2024). Profit margin: 23% (up from 5.9% in 1Q 2024). The increase in margin was primarily driven by lower expenses.Reported Earnings • Mar 22Full year 2024 earnings released: EPS: ₩201 (vs ₩168 in FY 2023)Full year 2024 results: EPS: ₩201 (up from ₩168 in FY 2023). Revenue: ₩40.6b (up 1.4% from FY 2023). Net income: ₩3.77b (up 19% from FY 2023). Profit margin: 9.3% (up from 7.9% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 21% per year, which means it is performing significantly worse than earnings.모든 업데이트 보기Recent updatesUpcoming Dividend • Mar 17Upcoming dividend of ₩70.00 per shareEligible shareholders must have bought the stock before 24 March 2026. Payment date: 13 April 2026. Payout ratio is a comfortable 14% but the company is not cash flow positive. Trailing yield: 2.2%. Lower than top quartile of South Korean dividend payers (3.6%). Higher than average of industry peers (1.6%).공지 • Mar 12IQUEST Co., Ltd., Annual General Meeting, Mar 26, 2026IQUEST Co., Ltd., Annual General Meeting, Mar 26, 2026, at 09:01 Tokyo Standard Time. Location: conference room, 121, dogok-ro, gangnam-gu, seoul South KoreaUpcoming Dividend • Dec 22Upcoming dividend of ₩39.09 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 13 April 2026. Payout ratio is a comfortable 14% but the company is not cash flow positive. Trailing yield: 2.1%. Lower than top quartile of South Korean dividend payers (3.6%). Higher than average of industry peers (1.7%).분석 기사 • Nov 23We Believe IQUEST's (KOSDAQ:262840) Earnings Are A Poor Guide For Its ProfitabilityWe didn't see IQUEST Co., Ltd.'s ( KOSDAQ:262840 ) stock surge when it reported robust earnings recently. We decided to...분석 기사 • Nov 13IQUEST (KOSDAQ:262840) Will Pay A Smaller Dividend Than Last YearIQUEST Co., Ltd.'s ( KOSDAQ:262840 ) dividend is being reduced from last year's payment covering the same period to...Reported Earnings • Nov 13Third quarter 2025 earnings released: EPS: ₩20.00 (vs ₩104 in 3Q 2024)Third quarter 2025 results: EPS: ₩20.00 (down from ₩104 in 3Q 2024). Revenue: ₩11.8b (up 3.9% from 3Q 2024). Net income: ₩811.1m (down 62% from 3Q 2024). Profit margin: 6.9% (down from 19% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.New Risk • Nov 13New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 19% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (19% operating cash flow to total debt). High level of non-cash earnings (79% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (₩41.9b market cap, or US$28.6m).Declared Dividend • Nov 13Dividend of ₩39.09 announcedShareholders will receive a dividend of ₩39.09. Ex-date: 29th December 2025 Payment date: 13th April 2026 Dividend yield will be 2.0%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (12% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased by an average of 3.7% per year over the past 4 years, but has still been somewhat stable with no excessively large reductions to payments. Earnings per share has grown by 7.4% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.공지 • Nov 12IQUEST Co., Ltd. announces Annual dividend, payable on April 13, 2026IQUEST Co., Ltd. announced Annual dividend of KRW 39.0900 per share payable on April 13, 2026, ex-date on December 29, 2025 and record date on December 31, 2025.Reported Earnings • Aug 16Second quarter 2025 earnings released: EPS: ₩41.00 (vs ₩24.00 loss in 2Q 2024)Second quarter 2025 results: EPS: ₩41.00 (up from ₩24.00 loss in 2Q 2024). Revenue: ₩10.6b (up 21% from 2Q 2024). Net income: ₩840.8m (up ₩1.35b from 2Q 2024). Profit margin: 8.0% (up from net loss in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.분석 기사 • May 23IQUEST's (KOSDAQ:262840) Earnings Are Of Questionable QualityIQUEST Co., Ltd. ( KOSDAQ:262840 ) announced strong profits, but the stock was stagnant. Our analysis suggests that...Reported Earnings • May 19First quarter 2025 earnings released: EPS: ₩112 (vs ₩27.00 in 1Q 2024)First quarter 2025 results: EPS: ₩112 (up from ₩27.00 in 1Q 2024). Revenue: ₩9.78b (up 4.7% from 1Q 2024). Net income: ₩2.27b (up 312% from 1Q 2024). Profit margin: 23% (up from 5.9% in 1Q 2024). The increase in margin was primarily driven by lower expenses.분석 기사 • Apr 17IQUEST Co., Ltd. (KOSDAQ:262840) Investors Are Less Pessimistic Than ExpectedIt's not a stretch to say that IQUEST Co., Ltd.'s ( KOSDAQ:262840 ) price-to-earnings (or "P/E") ratio of 12x right now...Reported Earnings • Mar 22Full year 2024 earnings released: EPS: ₩201 (vs ₩168 in FY 2023)Full year 2024 results: EPS: ₩201 (up from ₩168 in FY 2023). Revenue: ₩40.6b (up 1.4% from FY 2023). Net income: ₩3.77b (up 19% from FY 2023). Profit margin: 9.3% (up from 7.9% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 21% per year, which means it is performing significantly worse than earnings.공지 • Mar 07IQUEST Co., Ltd., Annual General Meeting, Mar 26, 2025IQUEST Co., Ltd., Annual General Meeting, Mar 26, 2025, at 09:01 Tokyo Standard Time. Location: conference room, guro-gu, seoul South KoreaUpcoming Dividend • Dec 20Upcoming dividend of ₩50.00 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 08 April 2025. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of South Korean dividend payers (3.9%). Higher than average of industry peers (1.6%).Buy Or Sell Opportunity • Dec 10Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 7.6% to ₩2,255. The fair value is estimated to be ₩1,838, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Earnings per share has declined by 20%.분석 기사 • Nov 21IQUEST's (KOSDAQ:262840) Solid Profits Have Weak FundamentalsIQUEST Co., Ltd. ( KOSDAQ:262840 ) announced strong profits, but the stock was stagnant. Our analysis suggests that...Valuation Update With 7 Day Price Move • Nov 21Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ₩2,505, the stock trades at a trailing P/E ratio of 13.6x. Average trailing P/E is 15x in the Software industry in South Korea. Total loss to shareholders of 49% over the past three years.분석 기사 • Nov 20Some Confidence Is Lacking In IQUEST Co., Ltd.'s (KOSDAQ:262840) P/EWhen close to half the companies in Korea have price-to-earnings ratios (or "P/E's") below 10x, you may consider IQUEST...Buy Or Sell Opportunity • Nov 15Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 6.0% to ₩2,300. The fair value is estimated to be ₩1,866, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Earnings per share has declined by 20%.공지 • Sep 24IQUEST Co., Ltd. (KOSDAQ:A262840) announces an Equity Buyback for KRW 1,000 million worth of its shares.IQUEST Co., Ltd. (KOSDAQ:A262840) announces a share repurchase program. Under the program, the company will repurchase up to KRW 1,000 million worth of its shares pursuant to a contract with Kiwoom Securities Co., Ltd. The purpose of the share repurchase is to Stabilize stock prices and enhance shareholder value. The repurchase program will expire on March 25, 2025. As of September 22, 2024, the company had 430,000 shares within scope available for dividend and had no shares in treasury through other repurchase.New Risk • Sep 17New major risk - Financial data availabilityThe 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (₩40.7b market cap, or US$31.0m).분석 기사 • Aug 07Investors Could Be Concerned With IQUEST's (KOSDAQ:262840) Returns On CapitalIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Typically, we'll want to notice a...Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to ₩1,951, the stock trades at a trailing P/E ratio of 12.5x. Average trailing P/E is 15x in the Software industry in South Korea. Total loss to shareholders of 69% over the past three years.Reported Earnings • Mar 23Full year 2023 earnings released: EPS: ₩336 (vs ₩305 in FY 2022)Full year 2023 results: EPS: ₩336 (up from ₩305 in FY 2022). Revenue: ₩40.1b (up 52% from FY 2022). Net income: ₩3.17b (up 10% from FY 2022). Profit margin: 7.9% (down from 11% in FY 2022). The decrease in margin was driven by higher expenses.공지 • Feb 19IQUEST Co., Ltd. announced that it has received KRW 2.2382 billion in funding from Kiwoom Securities Co., Ltd., Shinhan Investment & Securities Co., Ltd.On February 19, 2024, IQUEST Co., Ltd. closed the transaction.공지 • Feb 16IQUEST Co., Ltd. announced that it expects to receive KRW 2.2382 billion in funding from Kiwoom Securities Co., Ltd., Shinhan Investment & Securities Co., Ltd.IQUEST Co., Ltd. announced a private placement to issue Series 1 Bearer Interest Unsecured Private Placement Exchangeable Bonds for the gross proceeds of KRW 2,238,200,000 on February 14, 2024. The transaction will include participation from new investors Kiwoom Securities Co., Ltd. for KRW 1,238,200,000 and Shinhan Investment & Securities Co., Ltd. for KRW 1,000,000,000. The bonds are 100% convertible into 310,000 shares at a fixed conversion price of KRW 7,220 from March 19, 2024 to January 19, 2029. The bonds bear zero coupon rate and 1% maturity rate and matures on February 19, 2029. The transaction has been approved by the shareholders of the company and is expected to close on February 19, 2024.Upcoming Dividend • Dec 20Upcoming dividend of ₩100.00 per share at 1.7% yieldEligible shareholders must have bought the stock before 27 December 2023. Payment date: 08 April 2024. Payout ratio is a comfortable 67% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of South Korean dividend payers (3.5%). In line with average of industry peers (1.6%).Reported Earnings • Nov 19Third quarter 2023 earnings released: EPS: ₩106 (vs ₩114 in 3Q 2022)Third quarter 2023 results: EPS: ₩106 (down from ₩114 in 3Q 2022). Revenue: ₩9.99b (up 4.3% from 3Q 2022). Net income: ₩995.8m (down 7.1% from 3Q 2022). Profit margin: 10.0% (down from 11% in 3Q 2022).Buying Opportunity • Apr 18Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 8.1%. The fair value is estimated to be ₩8,831, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 68% over the last year. Earnings per share has declined by 20%.Valuation Update With 7 Day Price Move • Feb 23Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to ₩18,100, the stock is trading at a trailing P/E ratio of 36.2x, down from the previous P/E ratio of 42.9x. This compares to an average P/E of 25x in the Software industry in South Korea.매출 및 비용 세부 내역IQUEST가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이KOSDAQ:A262840 매출, 비용 및 순이익 (KRW Millions)날짜매출순이익일반관리비연구개발비31 Dec 2543,5645,6089,743030 Sep 2543,3795,5159,078030 Jun 2542,9316,8409,234031 Mar 2541,0745,4939,011031 Dec 2440,6393,7749,174030 Sep 2440,6223,4729,372030 Jun 2439,2722,3329,282031 Mar 2439,9642,8849,499031 Dec 2340,0793,1679,761030 Sep 2338,1581,41710,867030 Jun 2337,7491,49311,900031 Mar 2331,9262,22810,652031 Dec 2226,3672,8739,226030 Sep 2221,0144,5857,438031 Dec 2115,6773,5236,472031 Dec 1914,5103,6707,60334031 Dec 1811,5632,1305,6910양질의 수익: A262840의 비현금 수익 수준이 높습니다.이익 마진 증가: A262840의 현재 순 이익률 (12.9%)은 지난해 (9.3%)보다 높습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: A262840의 수익은 지난 5년 동안 연평균 22.1%로 크게 증가했습니다.성장 가속화: 지난 1년간 A262840 의 수익 증가율(48.6%)은 연간 평균(22.1%)을 초과합니다.수익 대 산업: A262840의 지난 1년 수익 증가율(48.6%)은 Software 업계의 3.6%를 상회했습니다.자기자본이익률높은 ROE: A262840의 자본 수익률(9.9%)은 낮음으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YSoftware 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/09 13:19종가2026/05/08 00:00수익2025/12/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스IQUEST Co., Ltd.는 2명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Jongsun ParkEugene Investment & Securities Co Ltd.Chang-kwean KimMirae Asset Securities Co., Ltd.
분석 기사 • Nov 23We Believe IQUEST's (KOSDAQ:262840) Earnings Are A Poor Guide For Its ProfitabilityWe didn't see IQUEST Co., Ltd.'s ( KOSDAQ:262840 ) stock surge when it reported robust earnings recently. We decided to...
Reported Earnings • Nov 13Third quarter 2025 earnings released: EPS: ₩20.00 (vs ₩104 in 3Q 2024)Third quarter 2025 results: EPS: ₩20.00 (down from ₩104 in 3Q 2024). Revenue: ₩11.8b (up 3.9% from 3Q 2024). Net income: ₩811.1m (down 62% from 3Q 2024). Profit margin: 6.9% (down from 19% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.
Reported Earnings • Aug 16Second quarter 2025 earnings released: EPS: ₩41.00 (vs ₩24.00 loss in 2Q 2024)Second quarter 2025 results: EPS: ₩41.00 (up from ₩24.00 loss in 2Q 2024). Revenue: ₩10.6b (up 21% from 2Q 2024). Net income: ₩840.8m (up ₩1.35b from 2Q 2024). Profit margin: 8.0% (up from net loss in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.
분석 기사 • May 23IQUEST's (KOSDAQ:262840) Earnings Are Of Questionable QualityIQUEST Co., Ltd. ( KOSDAQ:262840 ) announced strong profits, but the stock was stagnant. Our analysis suggests that...
Reported Earnings • May 19First quarter 2025 earnings released: EPS: ₩112 (vs ₩27.00 in 1Q 2024)First quarter 2025 results: EPS: ₩112 (up from ₩27.00 in 1Q 2024). Revenue: ₩9.78b (up 4.7% from 1Q 2024). Net income: ₩2.27b (up 312% from 1Q 2024). Profit margin: 23% (up from 5.9% in 1Q 2024). The increase in margin was primarily driven by lower expenses.
Reported Earnings • Mar 22Full year 2024 earnings released: EPS: ₩201 (vs ₩168 in FY 2023)Full year 2024 results: EPS: ₩201 (up from ₩168 in FY 2023). Revenue: ₩40.6b (up 1.4% from FY 2023). Net income: ₩3.77b (up 19% from FY 2023). Profit margin: 9.3% (up from 7.9% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 21% per year, which means it is performing significantly worse than earnings.
Upcoming Dividend • Mar 17Upcoming dividend of ₩70.00 per shareEligible shareholders must have bought the stock before 24 March 2026. Payment date: 13 April 2026. Payout ratio is a comfortable 14% but the company is not cash flow positive. Trailing yield: 2.2%. Lower than top quartile of South Korean dividend payers (3.6%). Higher than average of industry peers (1.6%).
공지 • Mar 12IQUEST Co., Ltd., Annual General Meeting, Mar 26, 2026IQUEST Co., Ltd., Annual General Meeting, Mar 26, 2026, at 09:01 Tokyo Standard Time. Location: conference room, 121, dogok-ro, gangnam-gu, seoul South Korea
Upcoming Dividend • Dec 22Upcoming dividend of ₩39.09 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 13 April 2026. Payout ratio is a comfortable 14% but the company is not cash flow positive. Trailing yield: 2.1%. Lower than top quartile of South Korean dividend payers (3.6%). Higher than average of industry peers (1.7%).
분석 기사 • Nov 23We Believe IQUEST's (KOSDAQ:262840) Earnings Are A Poor Guide For Its ProfitabilityWe didn't see IQUEST Co., Ltd.'s ( KOSDAQ:262840 ) stock surge when it reported robust earnings recently. We decided to...
분석 기사 • Nov 13IQUEST (KOSDAQ:262840) Will Pay A Smaller Dividend Than Last YearIQUEST Co., Ltd.'s ( KOSDAQ:262840 ) dividend is being reduced from last year's payment covering the same period to...
Reported Earnings • Nov 13Third quarter 2025 earnings released: EPS: ₩20.00 (vs ₩104 in 3Q 2024)Third quarter 2025 results: EPS: ₩20.00 (down from ₩104 in 3Q 2024). Revenue: ₩11.8b (up 3.9% from 3Q 2024). Net income: ₩811.1m (down 62% from 3Q 2024). Profit margin: 6.9% (down from 19% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.
New Risk • Nov 13New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 19% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (19% operating cash flow to total debt). High level of non-cash earnings (79% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (₩41.9b market cap, or US$28.6m).
Declared Dividend • Nov 13Dividend of ₩39.09 announcedShareholders will receive a dividend of ₩39.09. Ex-date: 29th December 2025 Payment date: 13th April 2026 Dividend yield will be 2.0%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (12% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased by an average of 3.7% per year over the past 4 years, but has still been somewhat stable with no excessively large reductions to payments. Earnings per share has grown by 7.4% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
공지 • Nov 12IQUEST Co., Ltd. announces Annual dividend, payable on April 13, 2026IQUEST Co., Ltd. announced Annual dividend of KRW 39.0900 per share payable on April 13, 2026, ex-date on December 29, 2025 and record date on December 31, 2025.
Reported Earnings • Aug 16Second quarter 2025 earnings released: EPS: ₩41.00 (vs ₩24.00 loss in 2Q 2024)Second quarter 2025 results: EPS: ₩41.00 (up from ₩24.00 loss in 2Q 2024). Revenue: ₩10.6b (up 21% from 2Q 2024). Net income: ₩840.8m (up ₩1.35b from 2Q 2024). Profit margin: 8.0% (up from net loss in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.
분석 기사 • May 23IQUEST's (KOSDAQ:262840) Earnings Are Of Questionable QualityIQUEST Co., Ltd. ( KOSDAQ:262840 ) announced strong profits, but the stock was stagnant. Our analysis suggests that...
Reported Earnings • May 19First quarter 2025 earnings released: EPS: ₩112 (vs ₩27.00 in 1Q 2024)First quarter 2025 results: EPS: ₩112 (up from ₩27.00 in 1Q 2024). Revenue: ₩9.78b (up 4.7% from 1Q 2024). Net income: ₩2.27b (up 312% from 1Q 2024). Profit margin: 23% (up from 5.9% in 1Q 2024). The increase in margin was primarily driven by lower expenses.
분석 기사 • Apr 17IQUEST Co., Ltd. (KOSDAQ:262840) Investors Are Less Pessimistic Than ExpectedIt's not a stretch to say that IQUEST Co., Ltd.'s ( KOSDAQ:262840 ) price-to-earnings (or "P/E") ratio of 12x right now...
Reported Earnings • Mar 22Full year 2024 earnings released: EPS: ₩201 (vs ₩168 in FY 2023)Full year 2024 results: EPS: ₩201 (up from ₩168 in FY 2023). Revenue: ₩40.6b (up 1.4% from FY 2023). Net income: ₩3.77b (up 19% from FY 2023). Profit margin: 9.3% (up from 7.9% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 21% per year, which means it is performing significantly worse than earnings.
공지 • Mar 07IQUEST Co., Ltd., Annual General Meeting, Mar 26, 2025IQUEST Co., Ltd., Annual General Meeting, Mar 26, 2025, at 09:01 Tokyo Standard Time. Location: conference room, guro-gu, seoul South Korea
Upcoming Dividend • Dec 20Upcoming dividend of ₩50.00 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 08 April 2025. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of South Korean dividend payers (3.9%). Higher than average of industry peers (1.6%).
Buy Or Sell Opportunity • Dec 10Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 7.6% to ₩2,255. The fair value is estimated to be ₩1,838, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Earnings per share has declined by 20%.
분석 기사 • Nov 21IQUEST's (KOSDAQ:262840) Solid Profits Have Weak FundamentalsIQUEST Co., Ltd. ( KOSDAQ:262840 ) announced strong profits, but the stock was stagnant. Our analysis suggests that...
Valuation Update With 7 Day Price Move • Nov 21Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ₩2,505, the stock trades at a trailing P/E ratio of 13.6x. Average trailing P/E is 15x in the Software industry in South Korea. Total loss to shareholders of 49% over the past three years.
분석 기사 • Nov 20Some Confidence Is Lacking In IQUEST Co., Ltd.'s (KOSDAQ:262840) P/EWhen close to half the companies in Korea have price-to-earnings ratios (or "P/E's") below 10x, you may consider IQUEST...
Buy Or Sell Opportunity • Nov 15Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 6.0% to ₩2,300. The fair value is estimated to be ₩1,866, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Earnings per share has declined by 20%.
공지 • Sep 24IQUEST Co., Ltd. (KOSDAQ:A262840) announces an Equity Buyback for KRW 1,000 million worth of its shares.IQUEST Co., Ltd. (KOSDAQ:A262840) announces a share repurchase program. Under the program, the company will repurchase up to KRW 1,000 million worth of its shares pursuant to a contract with Kiwoom Securities Co., Ltd. The purpose of the share repurchase is to Stabilize stock prices and enhance shareholder value. The repurchase program will expire on March 25, 2025. As of September 22, 2024, the company had 430,000 shares within scope available for dividend and had no shares in treasury through other repurchase.
New Risk • Sep 17New major risk - Financial data availabilityThe 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (₩40.7b market cap, or US$31.0m).
분석 기사 • Aug 07Investors Could Be Concerned With IQUEST's (KOSDAQ:262840) Returns On CapitalIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Typically, we'll want to notice a...
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to ₩1,951, the stock trades at a trailing P/E ratio of 12.5x. Average trailing P/E is 15x in the Software industry in South Korea. Total loss to shareholders of 69% over the past three years.
Reported Earnings • Mar 23Full year 2023 earnings released: EPS: ₩336 (vs ₩305 in FY 2022)Full year 2023 results: EPS: ₩336 (up from ₩305 in FY 2022). Revenue: ₩40.1b (up 52% from FY 2022). Net income: ₩3.17b (up 10% from FY 2022). Profit margin: 7.9% (down from 11% in FY 2022). The decrease in margin was driven by higher expenses.
공지 • Feb 19IQUEST Co., Ltd. announced that it has received KRW 2.2382 billion in funding from Kiwoom Securities Co., Ltd., Shinhan Investment & Securities Co., Ltd.On February 19, 2024, IQUEST Co., Ltd. closed the transaction.
공지 • Feb 16IQUEST Co., Ltd. announced that it expects to receive KRW 2.2382 billion in funding from Kiwoom Securities Co., Ltd., Shinhan Investment & Securities Co., Ltd.IQUEST Co., Ltd. announced a private placement to issue Series 1 Bearer Interest Unsecured Private Placement Exchangeable Bonds for the gross proceeds of KRW 2,238,200,000 on February 14, 2024. The transaction will include participation from new investors Kiwoom Securities Co., Ltd. for KRW 1,238,200,000 and Shinhan Investment & Securities Co., Ltd. for KRW 1,000,000,000. The bonds are 100% convertible into 310,000 shares at a fixed conversion price of KRW 7,220 from March 19, 2024 to January 19, 2029. The bonds bear zero coupon rate and 1% maturity rate and matures on February 19, 2029. The transaction has been approved by the shareholders of the company and is expected to close on February 19, 2024.
Upcoming Dividend • Dec 20Upcoming dividend of ₩100.00 per share at 1.7% yieldEligible shareholders must have bought the stock before 27 December 2023. Payment date: 08 April 2024. Payout ratio is a comfortable 67% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of South Korean dividend payers (3.5%). In line with average of industry peers (1.6%).
Reported Earnings • Nov 19Third quarter 2023 earnings released: EPS: ₩106 (vs ₩114 in 3Q 2022)Third quarter 2023 results: EPS: ₩106 (down from ₩114 in 3Q 2022). Revenue: ₩9.99b (up 4.3% from 3Q 2022). Net income: ₩995.8m (down 7.1% from 3Q 2022). Profit margin: 10.0% (down from 11% in 3Q 2022).
Buying Opportunity • Apr 18Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 8.1%. The fair value is estimated to be ₩8,831, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 68% over the last year. Earnings per share has declined by 20%.
Valuation Update With 7 Day Price Move • Feb 23Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to ₩18,100, the stock is trading at a trailing P/E ratio of 36.2x, down from the previous P/E ratio of 42.9x. This compares to an average P/E of 25x in the Software industry in South Korea.