New Risk • 2h
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 13% 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 Risk Debt is not well covered by operating cash flow (13% operating cash flow to total debt). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (₩29.8b market cap, or US$19.6m). Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₩5,450, the stock trades at a trailing P/E ratio of 25.9x. Average trailing P/E is 17x in the Software industry in South Korea. Total loss to shareholders of 64% over the past three years. Aankondiging • Mar 17
WISE iTech Co., Ltd., Annual General Meeting, Mar 30, 2026 WISE iTech Co., Ltd., Annual General Meeting, Mar 30, 2026, at 09:01 Tokyo Standard Time. Location: auditorium, 117, gwacheon-daero 12-gil, gyeonggi-do, gwacheon South Korea Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to ₩4,365, the stock trades at a trailing P/E ratio of 22.7x. Average trailing P/E is 16x in the Software industry in South Korea. Total loss to shareholders of 78% over the past three years. Valuation Update With 7 Day Price Move • Jan 28
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩6,030, the stock trades at a trailing P/E ratio of 31.3x. Average trailing P/E is 16x in the Software industry in South Korea. Total loss to shareholders of 61% over the past three years. Upcoming Dividend • Dec 22
Upcoming dividend of ₩150 per share Eligible shareholders must have bought the stock before 29 December 2025. Payment date: 13 April 2026. Payout ratio is on the higher end at 78%, however this is supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of South Korean dividend payers (3.6%). Higher than average of industry peers (1.7%). New Risk • Nov 26
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 49% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (49% net debt to equity). Market cap is less than US$100m (₩38.0b market cap, or US$25.9m). Declared Dividend • Nov 08
Dividend of ₩150 announced Dividend of ₩150 is the same as last year. Ex-date: 29th December 2025 Payment date: 13th April 2026 Dividend yield will be 2.7%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (33% cash payout ratio). The dividend has not increased over the past 2 years but payments have been stable during that time. Aankondiging • Nov 07
WISE iTech Co., Ltd. announces Annual dividend, payable on April 13, 2026 WISE iTech Co., Ltd. announced Annual dividend of KRW 150.0000 per share payable on April 13, 2026, ex-date on December 29, 2025 and record date on December 31, 2025. New Risk • May 29
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -₩15b This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₩15b free cash flow). Share price has been highly volatile over the past 3 months (20% average weekly change). 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. Minor Risk Market cap is less than US$100m (₩54.4b market cap, or US$39.4m). Aankondiging • Mar 12
WISE iTech Co., Ltd., Annual General Meeting, Mar 28, 2025 WISE iTech Co., Ltd., Annual General Meeting, Mar 28, 2025, at 09:00 Tokyo Standard Time. Location: auditorium, 117, gwacheon-daero 12-gil, gyeonggi-do, gwacheon South Korea Upcoming Dividend • Dec 20
Upcoming dividend of ₩150 per share Eligible shareholders must have bought the stock before 27 December 2024. Payment date: 25 April 2025. The company is not currently making a profit but it is cash flow positive. Trailing yield: 2.7%. Lower than top quartile of South Korean dividend payers (3.9%). Higher than average of industry peers (1.6%). New Risk • Dec 11
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). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Cash payout ratio: 0% Minor Risks Less than 1 year of cash runway based on current free cash flow (-₩19b). Less than 3 years of financial data is available. Market cap is less than US$100m (₩40.8b market cap, or US$28.5m). Aankondiging • Nov 18
WISE iTech Co., Ltd. (KOSDAQ:A065370) announces an Equity Buyback for KRW 300 million worth of its shares. WISE iTech Co., Ltd. (KOSDAQ:A065370) announces a share repurchase program. Under the program, the company will repurchase up to KRW 300 million worth of its own shares pursuant to a contract with Daishin Securities Co., Ltd. The purpose of share repurchase is to improve shareholder value and to stabilize stock price. The repurchase program will expire on May 18, 2025. As of November 17, 2024, the company had 438,107 shares within scope available for dividend and 753 shares in treasury through other repurchase. New Risk • Oct 16
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. The company is paying a dividend despite being loss-making. Cash payout ratio: 0% Dividend yield: 3.2% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. 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. Cash payout ratio: 0% Revenue has declined by 7.3% over the past year. Minor Risks Less than 1 year of cash runway based on current free cash flow (-₩17b). Less than 3 years of financial data is available. Market cap is less than US$100m (₩32.4b market cap, or US$23.8m). New Risk • Sep 17
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 (₩34.2b market cap, or US$26.0m). New Risk • Jun 06
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -₩2.2b This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₩2.2b free cash flow). Revenue has declined by 23% over the past year. Minor Risks Less than 3 years of financial data is available. Market cap is less than US$100m (₩48.8b market cap, or US$35.8m). New Risk • Jan 17
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risks Shareholders have been diluted in the past year (12% increase in shares outstanding). Market cap is less than US$100m (₩67.9b market cap, or US$50.5m). Valuation Update With 7 Day Price Move • Jan 08
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₩9,320, the stock trades at a trailing P/E ratio of 17.8x. Average trailing P/E is 20x in the Software industry in South Korea. Total loss to shareholders of 19% over the past three years. Upcoming Dividend • Dec 20
Inaugural dividend of ₩150 per share Eligible shareholders must have bought the stock before 27 December 2023. Payment date: 01 April 2024. This is the first dividend for WISE iTech since going public. The average dividend yield among industry peers is 1.6%. New Risk • Sep 17
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (30% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Shareholders have been diluted in the past year (12% increase in shares outstanding). Market cap is less than US$100m (₩78.9b market cap, or US$59.4m). New Risk • Sep 01
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (30% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Shareholders have been diluted in the past year (12% increase in shares outstanding). Market cap is less than US$100m (₩85.7b market cap, or US$64.7m). Valuation Update With 7 Day Price Move • Jul 26
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₩10,980, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 11x in the Software industry in South Korea. Total loss to shareholders of 34% over the past three years. Valuation Update With 7 Day Price Move • Mar 14
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₩18,280, the stock trades at a trailing P/E ratio of 26.3x. Average trailing P/E is 18x in the Software industry in South Korea. Total returns to shareholders of 318% over the past three years. Valuation Update With 7 Day Price Move • Feb 24
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₩18,500, the stock trades at a trailing P/E ratio of 25.1x. Average trailing P/E is 20x in the Software industry in South Korea. Total returns to shareholders of 218% over the past three years. Valuation Update With 7 Day Price Move • Jan 25
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to ₩16,030, the stock trades at a trailing P/E ratio of 20.6x. Average trailing P/E is 16x in the Software industry in South Korea. Total returns to shareholders of 53% over the past three years. Upcoming Dividend • Dec 21
Inaugural dividend of ₩150 per share Eligible shareholders must have bought the stock before 28 December 2022. Payment date: 31 March 2023. This is the first dividend for WISE iTech since going public. The average dividend yield among industry peers is 1.8%. Aankondiging • Oct 28
WISE iTech Co., Ltd. (KOSDAQ:A065370) announces an Equity Buyback for KRW 1,000 million worth of its shares. WISE iTech Co., Ltd. (KOSDAQ:A065370) announces a share repurchase program. Under the program, the company will repurchase up to KRW 1,000 million worth of its own shares pursuant to a contract with Daishin Securities Co., Ltd. The purpose of share repurchase is to improve shareholder value and to stabilize stock price. The repurchase program will expire on April 26, 2023. As of October 26, 2022, the company had 420,840 shares within scope available for dividend and 753 shares in treasury through other repurchase. 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 ₩10,100, the stock trades at a trailing P/E ratio of 10.5x. Average trailing P/E is 13x in the Software industry in South Korea. Total returns to shareholders of 76% over the past three years. Valuation Update With 7 Day Price Move • Aug 16
Investor sentiment improved over the past week After last week's 16% share price gain to ₩12,900, the stock trades at a trailing P/E ratio of 19.9x. Average trailing P/E is 19x in the Software industry in South Korea. Total returns to shareholders of 162% 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 15% share price decline to ₩9,960, the stock trades at a trailing P/E ratio of 15.4x. Average trailing P/E is 16x in the Software industry in South Korea. Total returns to shareholders of 102% over the past three years. Valuation Update With 7 Day Price Move • Mar 16
Investor sentiment improved over the past week After last week's 18% share price gain to ₩15,100, the stock trades at a trailing P/E ratio of 22.9x. Average trailing P/E is 21x in the Software industry in South Korea. Total returns to shareholders of 256% over the past three years. Valuation Update With 7 Day Price Move • Feb 14
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₩13,350, the stock trades at a trailing P/E ratio of 20.3x. Average trailing P/E is 22x in the Software industry in South Korea. Total returns to shareholders of 235% over the past three years. Valuation Update With 7 Day Price Move • Dec 23
Investor sentiment improved over the past week After last week's 18% share price gain to ₩17,950, the stock trades at a trailing P/E ratio of 27.3x. Average trailing P/E is 23x in the Software industry in South Korea. Total returns to shareholders of 370% over the past three years. Upcoming Dividend • Dec 22
Inaugural dividend of ₩100.00 per share Eligible shareholders must have bought the stock before 29 December 2021. Payment date: 31 March 2022. The company is not currently making a profit and is not cash flow positive. This is the first dividend for WISE iTech since going public. The average dividend yield among industry peers is 1.0%. Aankondiging • May 26
WISE iTech Co., Ltd. (KOSDAQ:A065370) announces an Equity Buyback for KRW 3,000 million worth of its shares. WISE iTech Co., Ltd. (KOSDAQ:A065370) announces a share repurchase program. Under the program, the company will repurchase up to KRW 3,000 million worth of its own shares pursuant to a contract with Daishin Securities Co., Ltd. The purpose of share repurchase is to improve shareholder value and to stabilize stock price. The repurchase program will expire on May 26, 2021. As of May 25, 2021, the company had 209,837 shares within scope available for dividend and no shares in treasury through other repurchase. Aankondiging • Feb 17
WISE iTech Co., Ltd., Annual General Meeting, Mar 16, 2021 WISE iTech Co., Ltd., Annual General Meeting, Mar 16, 2021, at 10:00 Korea Standard Time. Valuation Update With 7 Day Price Move • Feb 09
Investor sentiment improved over the past week After last week's 16% share price gain to ₩22,700, the stock is trading at a trailing P/E ratio of 23.1x, up from the previous P/E ratio of 20x. This compares to an average P/E of 24x in the Software industry in South Korea. Total returns to shareholders over the past year are 82%. Is New 90 Day High Low • Feb 05
New 90-day high: ₩21,350 The company is up 16% from its price of ₩18,350 on 06 November 2020. The South Korean market is up 26% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Software industry, which is up 11% over the same period. Is New 90 Day High Low • Jan 15
New 90-day high: ₩19,050 The company is up 6.0% from its price of ₩17,950 on 16 October 2020. The South Korean market is up 32% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 13% over the same period. Is New 90 Day High Low • Dec 07
New 90-day low: ₩16,200 The company is down 28% from its price of ₩22,400 on 08 September 2020. The South Korean market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩29,123 per share. Is New 90 Day High Low • Oct 19
New 90-day low: ₩17,100 The company is down 24% from its price of ₩22,450 on 21 July 2020. The South Korean market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩27,570 per share. Aankondiging • Oct 15
WISE iTech Co., Ltd. announced that it has received KRW 12 billion in funding On October 14, 2020, WISE iTech Co., Ltd. (KOSDAQ:A065370) closed the transaction. Aankondiging • Oct 13
WISE iTech Co., Ltd. announced that it expects to receive KRW 12 billion in funding WISE iTech Co., Ltd. (XKON:A065370) announced a private placement of series 4th unregistered non-guaranteed private convertible bonds for gross proceeds of KRW 12,000,000,000 on October 12, 2020. The transaction will include participation from Daishin New Technology Investment Fund 5. The bond is issued at 0% surface interest rate, 1% interest rate to maturity and will mature on October 14, 2025. The bonds can be 100% converted into 634,249 common shares for 12.47% stake of the company at a fixed conversion price of KRW 18,920 per share. The conversion period is from October 14, 2021 to September 14, 2025. The subscription date and expected payment date is October 14, 2020. The transaction has been approved by the board of directors of the company.