Aankondiging • Mar 17
V-One Tech Co., Ltd., Annual General Meeting, Mar 31, 2026 V-One Tech Co., Ltd., Annual General Meeting, Mar 31, 2026, at 09:01 Tokyo Standard Time. Location: v-square, 61, geumto-ro, sujeong-gu, gyeonggi-do, seongnam South Korea New Risk • Jan 21
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 60% per year over the past 5 years. Upcoming Dividend • Dec 22
Upcoming dividend of ₩100.00 per share Eligible shareholders must have bought the stock before 29 December 2025. Payment date: 23 April 2026. The company is not currently making a profit and is not cash flow positive. Trailing yield: 1.8%. Lower than top quartile of South Korean dividend payers (3.6%). Higher than average of industry peers (0.4%). New Risk • Dec 02
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 8.7% 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 Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 60% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.7% average weekly change). Market cap is less than US$100m (₩92.6b market cap, or US$63.1m). Declared Dividend • Nov 08
Dividend of ₩100.00 announced Dividend of ₩100.00 is the same as last year. Ex-date: 29th December 2025 Payment date: 23rd April 2026 Dividend yield will be 2.0%, which is higher than the industry average of 1.0%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has not increased over the past 7 years but payments have been stable during that time. Aankondiging • Nov 07
V-One Tech Co., Ltd. announces Annual dividend, payable on April 23, 2026 V-One Tech Co., Ltd. announced Annual dividend of KRW 100.0000 per share payable on April 23, 2026, ex-date on December 29, 2025 and record date on December 31, 2025. New Risk • May 26
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 10% 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 Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 38% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Market cap is less than US$100m (₩78.3b market cap, or US$57.2m). Reported Earnings • Mar 21
Full year 2024 earnings released: ₩210 loss per share (vs ₩201 profit in FY 2023) Full year 2024 results: ₩210 loss per share (down from ₩201 profit in FY 2023). Revenue: ₩72.7b (down 11% from FY 2023). Net loss: ₩3.21b (down 209% from profit in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance. Aankondiging • Mar 12
V-One Tech Co., Ltd., Annual General Meeting, Mar 26, 2025 V-One Tech Co., Ltd., Annual General Meeting, Mar 26, 2025, at 09:00 Tokyo Standard Time. Location: v-square, 61, geumto-ro, sujeong-gu, gyeonggi-do, seongnam South Korea Upcoming Dividend • Dec 20
Upcoming dividend of ₩100.00 per share Eligible shareholders must have bought the stock before 27 December 2024. Payment date: 22 April 2025. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 2.6%. Lower than top quartile of South Korean dividend payers (3.9%). Higher than average of industry peers (0.8%). 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 Risk Market cap is less than US$100m (₩61.4b market cap, or US$42.7m). Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to ₩4,805, the stock trades at a trailing P/E ratio of 34.8x. Average trailing P/E is 19x in the Semiconductor industry in South Korea. Total loss to shareholders of 56% over the past three years. New Risk • May 25
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 358% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 31% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Shareholders have been diluted in the past year (5.4% increase in shares outstanding). Market cap is less than US$100m (₩131.0b market cap, or US$96.0m). New Risk • Apr 12
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₩137.1b (US$99.8m) 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. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 32% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (5.4% increase in shares outstanding). Market cap is less than US$100m (₩137.1b market cap, or US$99.8m). Reported Earnings • Mar 22
Full year 2023 earnings released: EPS: ₩201 (vs ₩45.00 loss in FY 2022) Full year 2023 results: EPS: ₩201 (up from ₩45.00 loss in FY 2022). Revenue: ₩81.8b (up 37% from FY 2022). Net income: ₩2.96b (up ₩3.62b from FY 2022). Profit margin: 3.6% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Dec 20
Upcoming dividend of ₩100.00 per share at 0.9% yield Eligible shareholders must have bought the stock before 27 December 2023. Payment date: 18 April 2024. The company is not currently making a profit and is not cash flow positive. Trailing yield: 0.9%. Lower than top quartile of South Korean dividend payers (3.5%). Lower than average of industry peers (1.0%). New Risk • Oct 19
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₩135.4b (US$99.7m) 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. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 28% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.6% average weekly change). Shareholders have been diluted in the past year (5.4% increase in shares outstanding). Market cap is less than US$100m (₩135.4b market cap, or US$99.7m). New Risk • Oct 06
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.4% 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: Major Risk Earnings have declined by 28% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Shareholders have been diluted in the past year (5.4% increase in shares outstanding). New Risk • Jul 14
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 8.1% 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 23% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.1% average weekly change). Upcoming Dividend • Dec 21
Upcoming dividend of ₩100.00 per share Eligible shareholders must have bought the stock before 28 December 2022. Payment date: 27 April 2023. Payout ratio is a comfortable 17% but the company is not cash flow positive. Trailing yield: 1.6%. Lower than top quartile of South Korean dividend payers (3.3%). Lower than average of industry peers (1.8%). Valuation Update With 7 Day Price Move • Sep 29
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₩6,510, the stock trades at a trailing P/E ratio of 11.3x. Average forward P/E is 6x in the Semiconductor industry in South Korea. Total loss to shareholders of 15% over the past three years. Valuation Update With 7 Day Price Move • Jun 23
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ₩6,640, the stock trades at a trailing P/E ratio of 9.7x. Average forward P/E is 8x in the Semiconductor industry in South Korea. Total loss to shareholders of 40% over the past three years. Valuation Update With 7 Day Price Move • Jan 21
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₩10,900, the stock trades at a trailing P/E ratio of 21.6x. Average forward P/E is 12x in the Semiconductor industry in South Korea. Total returns to shareholders of 1.0% over the past three years. Valuation Update With 7 Day Price Move • Jan 05
Investor sentiment improved over the past week After last week's 23% share price gain to ₩11,000, the stock trades at a trailing P/E ratio of 21.8x. Average trailing P/E is 19x in the Semiconductor industry in South Korea. Total returns to shareholders of 16% over the past three years. Upcoming Dividend • Dec 22
Upcoming dividend of ₩100.00 per share Eligible shareholders must have bought the stock before 29 December 2021. Payment date: 25 April 2022. Payout ratio is a comfortable 20% but the company is not cash flow positive. Trailing yield: 1.1%. Lower than top quartile of South Korean dividend payers (2.4%). Higher than average of industry peers (0.9%). Aankondiging • Mar 14
V-One Tech Co., Ltd. announced that it has received KRW 15 billion in funding On March 12, 2021, V-One Tech Co., Ltd. (KOSDAQ:A251630) closed the transaction. Aankondiging • Mar 11
V-One Tech Co., Ltd. announced that it expects to receive KRW 15 billion in funding V-One Tech Co., Ltd. (KOSDAQ:A251630) announced a private placement of series 1 unregistered coupon nonguaranteed private convertible bond for gross proceeds of KRW 15,000,000,000 on March 9, 2021. The transaction will include participation from new investors NH Aju KOSDAQ Scale-up Fund for KRW 5,000,000,000 and NH-Su Investment Innovative Growth M&A Fund for KRW 10,000,000,000. The bonds will not carry any coupon rate or interest rate to maturity. The bonds will mature on March 12, 2026. The bonds are fully convertible into 1,236,501 shares at a conversion price of KRW 12,131 per share. The conversion period starts from March 11, 2022 and ends on March 12, 2026 with a subscription date of March 11, 2021. The transaction is expected to close on March 12, 2021. The transaction has been approved by the board of directors of the company. The securities are subject to a hold period of 1 year. Is New 90 Day High Low • Jan 19
New 90-day high: ₩12,050 The company is up 37% from its price of ₩8,800 on 21 October 2020. The South Korean market is up 26% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Semiconductor industry, which is up 41% over the same period. Valuation Update With 7 Day Price Move • Jan 19
Investor sentiment improved over the past week After last week's 19% share price gain to ₩12,050, the stock is trading at a trailing P/E ratio of 28.2x, up from the previous P/E ratio of 23.8x. This compares to an average P/E of 19x in the Semiconductor industry in South Korea. Total return to shareholders over the past three years is a loss of 40%. Valuation Update With 7 Day Price Move • Jan 15
Investor sentiment improved over the past week After last week's 18% share price gain to ₩12,000, the stock is trading at a trailing P/E ratio of 28.1x, up from the previous P/E ratio of 23.9x. This compares to an average P/E of 19x in the Semiconductor industry in South Korea. Total return to shareholders over the past three years is a loss of 43%. Is New 90 Day High Low • Jan 04
New 90-day high: ₩10,800 The company is up 14% from its price of ₩9,500 on 06 October 2020. The South Korean market is up 21% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 32% over the same period. Is New 90 Day High Low • Dec 18
New 90-day high: ₩10,550 The company is up 6.0% from its price of ₩9,980 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 Semiconductor industry, which is up 29% over the same period.