New Risk • Jun 08
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₩151.2b (US$96.9m) 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: 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 (₩151.2b market cap, or US$96.9m). Reported Earnings • Mar 24
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: EPS: ₩508 (down from ₩705 in FY 2024). Revenue: ₩210.4b (down 16% from FY 2024). Net income: ₩8.81b (down 28% from FY 2024). Profit margin: 4.2% (down from 4.9% in FY 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 18%. Earnings per share (EPS) also missed analyst estimates by 35%. Revenue is forecast to grow 24% p.a. on average during the next 2 years, compared to a 9.0% growth forecast for the Hospitality industry in South Korea. Over the last 3 years on average, earnings per share has increased by 103% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Announcement • Mar 13
Modetour Network Inc., Annual General Meeting, Mar 27, 2026 Modetour Network Inc., Annual General Meeting, Mar 27, 2026, at 09:01 Tokyo Standard Time. Location: conference room, 16, eulji-ro, jung-gu, seoul South Korea