Buy Or Sell Opportunity • Jun 19
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 4.0% to ₩18,680. The fair value is estimated to be ₩23,459, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.5% over the last 3 years. Meanwhile, the company became loss making. Buy Or Sell Opportunity • Jun 02
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 4.4% to ₩17,940. The fair value is estimated to be ₩22,826, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.5% over the last 3 years. Meanwhile, the company became loss making. Announcement • Feb 13
Sidiz.Inc., Annual General Meeting, Mar 27, 2026 Sidiz.Inc., Annual General Meeting, Mar 27, 2026, at 09:01 Tokyo Standard Time. Location: conference room, 67-20, segyosandan-ro, gyeonggi-do, pyeongtaek South Korea Upcoming Dividend • Dec 22
Upcoming dividend of ₩500 per share Eligible shareholders must have bought the stock before 29 December 2025. Payment date: 10 April 2026. The company is not currently making a profit but it is cash flow positive. Trailing yield: 2.3%. Lower than top quartile of South Korean dividend payers (3.6%). Lower than average of industry peers (3.4%). Reported Earnings • Nov 20
Third quarter 2025 earnings released: ₩155 loss per share (vs ₩252 profit in 3Q 2024) Third quarter 2025 results: ₩155 loss per share (down from ₩252 profit in 3Q 2024). Revenue: ₩46.5b (down 3.7% from 3Q 2024). Net loss: ₩260.0m (down 162% from profit in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance. Declared Dividend • Nov 08
Dividend of ₩500 announced Dividend of ₩500 is the same as last year. Ex-date: 29th December 2025 Payment date: 10th April 2026 Dividend yield will be 2.3%, which is lower than the industry average of 3.3%. 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 increased by an average of 7.7% per year over the past 3 years and payments have been stable during that time. Announcement • Nov 07
Sidiz.Inc. announces Annual dividend, payable on April 10, 2026 Sidiz.Inc. announced Annual dividend of KRW 500.0000 per share payable on April 10, 2026, ex-date on December 29, 2025 and record date on December 31, 2025. Reported Earnings • Aug 20
Second quarter 2025 earnings released: ₩1,975 loss per share (vs ₩194 profit in 2Q 2024) Second quarter 2025 results: ₩1,975 loss per share (down from ₩194 profit in 2Q 2024). Revenue: ₩45.6b (down 8.6% from 2Q 2024). Net loss: ₩3.32b (down ₩3.64b from profit in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 48 percentage points per year, which is a significant difference in performance. New Risk • May 23
New major risk - Revenue and earnings growth Earnings have declined by 73% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 73% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Market cap is less than US$100m (₩44.1b market cap, or US$32.1m). Announcement • Feb 28
Sidiz.Inc., Annual General Meeting, Mar 28, 2025 Sidiz.Inc., Annual General Meeting, Mar 28, 2025, at 09:00 Tokyo Standard Time. Location: conference room, 67-20, segyosandan-ro, gyeonggi-do, pyeongtaek South Korea Upcoming Dividend • Dec 20
Upcoming dividend of ₩500 per share Eligible shareholders must have bought the stock before 27 December 2024. Payment date: 17 April 2025. Payout ratio is a comfortable 39% but the company is not cash flow positive. Trailing yield: 2.2%. Lower than top quartile of South Korean dividend payers (3.9%). Lower than average of industry peers (3.9%). Valuation Update With 7 Day Price Move • Nov 13
Investor sentiment deteriorates as stock falls 24% After last week's 24% share price decline to ₩25,600, the stock trades at a trailing P/E ratio of 16.2x. Average trailing P/E is 12x in the Commercial Services industry in South Korea. Total loss to shareholders of 57% over the past three years. Upcoming Dividend • Dec 20
Upcoming dividend of ₩400 per share at 1.4% yield Eligible shareholders must have bought the stock before 27 December 2023. Payment date: 10 April 2024. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of South Korean dividend payers (3.5%). Lower than average of industry peers (3.0%). Upcoming Dividend • Dec 21
Upcoming dividend of ₩400 per share Eligible shareholders must have bought the stock before 28 December 2022. Payment date: 11 April 2023. Trailing yield: 1.0%. Lower than top quartile of South Korean dividend payers (3.3%). Lower than average of industry peers (3.2%). Announcement • May 12
Sidiz.Inc. Launches BTS Music-Themed Chairs in Special Edition Sidiz.Inc. announced that it launched a "BTS SIDIZ Special Collection" in collaboration with 21st century pop icons BTS on April 23 in a limited quantity. This collaboration is expected to attract a lot of consumers. The "BTS | SIDIZ Special Collection" was designed to instill BTS' positive energy, conveying empathy and comfort, into chairs that support consumers in their seating experience. The theme of the collection is "LOVE YOURSELF, LOVE YOUR LIFE", in recognition of all the time spent sitting and working toward a better life. T25, a compact desk chair, and FUNGUS MOVE, a mobile stool, feature graphics of three BTS songs – "DNA," "Boy With Luv," and "Dynamite." Both are available in a variety of colors, ranging from cozy ivory to purple that can add vitality to an interior. Furthermore, artwork featuring the lyrics of "Dynamite" brings the soul of the song to everyday life. OLLY, a portable chair, was designed with graphics of "Butter," another of BTS' songs, as its theme, reminding everyone of the value of chairs in everyday activities. It comes in two colors – yellow and grey – and features the "Butter" logo. It is sure to be especially useful for outdoor activities. Interested consumers will soon be able to directly experience the "BTS | SIDIZ Special Collection" at a pop-up store open in Seoul. Upcoming Dividend • Dec 22
Inaugural dividend of ₩300 per share Eligible shareholders must have bought the stock before 29 December 2021. Payment date: 12 April 2022. The company is not currently making a profit and is not cash flow positive. This is the first dividend for Sidiz.Inc since going public. The average dividend yield among industry peers is 3.1%. Announcement • Feb 11
Sidiz.Inc., Annual General Meeting, Mar 26, 2021 Sidiz.Inc., Annual General Meeting, Mar 26, 2021, at 09:00 Korea Standard Time. Is New 90 Day High Low • Feb 02
New 90-day high: ₩62,500 The company is up 10.0% from its price of ₩56,900 on 04 November 2020. The South Korean market is up 28% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Commercial Services industry, which is up 4.0% over the same period. Is New 90 Day High Low • Nov 27
New 90-day low: ₩53,600 The company is down 15% from its price of ₩63,400 on 28 August 2020. The South Korean market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Commercial Services industry, which is down 5.0% over the same period. 