Aankondiging • Feb 24
STCube, Inc., Annual General Meeting, Mar 26, 2026 STCube, Inc., Annual General Meeting, Mar 26, 2026, at 13:30 Tokyo Standard Time. Location: conference room, 513, yeongdong-daero, gangnam-gu, seoul South Korea New Risk • Nov 27
New minor risk - Revenue size The company makes less than US$5m in revenue. Total revenue: ₩6.8b (US$4.7m) This is considered a minor risk. Companies with a small amount of revenue 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 Earnings have declined by 5.9% per year over the past 5 years. Shareholders have been substantially diluted in the past year (37% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (9.6% average weekly change). Revenue is less than US$5m (₩6.8b revenue, or US$4.7m). New Risk • Sep 22
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 8.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 7.7% per year over the past 5 years. Shareholders have been substantially diluted in the past year (46% increase in shares outstanding). Minor Risk Share price has been volatile over the past 3 months (8.0% average weekly change). New Risk • May 20
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 9.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 12% per year over the past 5 years. Shareholders have been substantially diluted in the past year (46% increase in shares outstanding). Minor Risk Share price has been volatile over the past 3 months (9.3% average weekly change). Reported Earnings • Mar 14
Full year 2024 earnings released: ₩439 loss per share (vs ₩530 loss in FY 2023) Full year 2024 results: ₩439 loss per share (improved from ₩530 loss in FY 2023). Revenue: ₩11.3b (up 94% from FY 2023). Net loss: ₩21.4b (loss narrowed 13% from FY 2023). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Aankondiging • Feb 27
STCube, Inc., Annual General Meeting, Mar 19, 2025 STCube, Inc., Annual General Meeting, Mar 19, 2025, at 13:00 Tokyo Standard Time. Location: conference room, 513, yeongdong-daero, gangnam-gu, seoul South Korea New Risk • Jan 31
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 46% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (15% average weekly change). Earnings have declined by 14% per year over the past 5 years. Shareholders have been substantially diluted in the past year (46% increase in shares outstanding). New Risk • Dec 13
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 15% 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 (15% average weekly change). Earnings have declined by 14% per year over the past 5 years. Minor Risk Shareholders have been diluted in the past year (6.2% increase in shares outstanding). New Risk • Dec 09
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 Share price has been volatile over the past 3 months (11% average weekly change). Shareholders have been diluted in the past year (6.2% increase in shares outstanding). Aankondiging • Nov 28
STCube, Inc. has completed a Follow-on Equity Offering in the amount of KRW 68.3575 billion. STCube, Inc. has completed a Follow-on Equity Offering in the amount of KRW 68.3575 billion.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 18,500,000
Price\Range: KRW 3695
Discount Per Security: KRW 0.8496
Transaction Features: Rights Offering New Risk • Nov 13
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 6.2% 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 14% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.9% average weekly change). Shareholders have been diluted in the past year (6.2% increase in shares outstanding). Reported Earnings • Nov 05
Third quarter 2024 earnings released: ₩136 loss per share (vs ₩101 loss in 3Q 2023) Third quarter 2024 results: ₩136 loss per share (further deteriorated from ₩101 loss in 3Q 2023). Revenue: ₩3.21b (up 245% from 3Q 2023). Net loss: ₩6.30b (loss widened 34% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Aankondiging • Oct 26
STCube, Inc. announced that it has received KRW 13.00000464 billion in funding On October 24, 2024, STCube, Inc. closed the transaction. 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 Share price has been volatile over the past 3 months (11% average weekly change). Aankondiging • Aug 28
STCube, Inc. has filed a Follow-on Equity Offering in the amount of KRW 75.665 billion. STCube, Inc. has filed a Follow-on Equity Offering in the amount of KRW 75.665 billion.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 18,500,000
Price\Range: KRW 4090
Transaction Features: Rights Offering Aankondiging • Aug 27
STCube, Inc. announced that it expects to receive KRW 13.00000464 billion in funding STCube, Inc. announced a private placement to issue 2,771,856 common shares at an issue price of KRW 4,690 for the gross proceeds of KRW 13,000,004,640 on August 26, 2024. The transaction will include participation from new investor STCube & Company Co., Ltd. The transaction has been approved by shareholders of company restricted to a hold period and is expected to close on October 24, 2024. New Risk • May 25
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: -₩26b 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 (-₩26b free cash flow). Share price has been highly volatile over the past 3 months (14% average weekly change). Earnings have declined by 16% per year over the past 5 years. Minor Risk Revenue is less than US$5m (₩6.4b revenue, or US$4.7m). New Risk • Apr 24
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 17% per year over the past 5 years. Minor Risk Revenue is less than US$5m (₩5.8b revenue, or US$4.2m). Reported Earnings • Mar 26
Full year 2023 earnings released: ₩530 loss per share (vs ₩488 loss in FY 2022) Full year 2023 results: ₩530 loss per share (further deteriorated from ₩488 loss in FY 2022). Revenue: ₩5.83b (down 7.5% from FY 2022). Net loss: ₩24.5b (loss widened 30% from FY 2022). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 19
Third quarter 2023 earnings released: ₩101 loss per share (vs ₩121 loss in 3Q 2022) Third quarter 2023 results: ₩101 loss per share (improved from ₩121 loss in 3Q 2022). Revenue: ₩929.0m (down 39% from 3Q 2022). Net loss: ₩4.71b (loss narrowed 9.2% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 1% per year. New Risk • Oct 23
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 9.8% 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 12% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.8% average weekly change). Shareholders have been diluted in the past year (4.7% increase in shares outstanding). Revenue is less than US$5m (₩6.4b revenue, or US$4.7m). Reported Earnings • Mar 14
Full year 2022 earnings released: ₩488 loss per share (vs ₩677 loss in FY 2021) Full year 2022 results: ₩488 loss per share (improved from ₩677 loss in FY 2021). Revenue: ₩6.30b (down 21% from FY 2021). Net loss: ₩18.9b (loss narrowed 12% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings. Reported Earnings • May 06
First quarter 2022 earnings released: ₩135 loss per share (vs ₩127 loss in 1Q 2021) First quarter 2022 results: ₩135 loss per share (down from ₩127 loss in 1Q 2021). Revenue: ₩1.74b (down 16% from 1Q 2021). Net loss: ₩4.31b (loss widened 6.9% from 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has fallen by 31% per year, which means it is performing significantly worse than earnings. Reported Earnings • Mar 04
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: ₩677 loss per share (down from ₩512 loss in FY 2020). Revenue: ₩7.93b (down 22% from FY 2020). Net loss: ₩21.5b (loss widened 36% from FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has fallen by 38% per year, which means it is performing significantly worse than earnings. Is New 90 Day High Low • Mar 10
New 90-day high: ₩11,700 The company is up 45% from its price of ₩8,050 on 10 December 2020. The South Korean market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 12% over the same period. Is New 90 Day High Low • Jan 27
New 90-day high: ₩10,500 The company is up 23% from its price of ₩8,530 on 29 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 Electronic industry, which is up 57% over the same period. Is New 90 Day High Low • Dec 24
New 90-day high: ₩9,500 The company is up 23% from its price of ₩7,740 on 25 September 2020. The South Korean market is up 21% over the last 90 days, indicating the company outperformed over that time. However, its price trend is similar to the Electronic industry, which is also up 23% over the same period. Is New 90 Day High Low • Sep 21
New 90-day low: ₩8,550 The company is down 35% from its price of ₩13,100 on 23 June 2020. The South Korean market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 18% over the same period.