Board Change • Jul 31
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. 1 highly experienced director. 2 independent directors (8 non-independent directors). Independent Outside Director Jaehwa Ko was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. New Risk • Jul 08
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₩5.43b (US$3.60m) This is considered a major 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 Share price has been highly volatile over the past 3 months (18% average weekly change). Market cap is less than US$10m (₩5.43b market cap, or US$3.60m). Minor Risk Large one-off items impacting financial results. Board Change • Jul 08
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. 1 highly experienced director. 2 independent directors (8 non-independent directors). Independent Outside Director Jaehwa Ko was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Jun 19
Plutus Investment Co.,Ltd announced that it has received KRW 3 billion in funding from IOKENM Co.,Ltd. On June 18, 2026, Plutus Investment Co.,Ltd closed the offering. Announcement • Jun 12
Plutus Investment Co.,Ltd announced that it expects to receive KRW 3 billion in funding from IOKENM Co.,Ltd. Plutus Investment Co.,Ltd announced a private placement of Series 25 Unregistered Interest Secured Private Convertible Bonds of the company with face value KRW 3,000,000,000 to raise gross proceeds of KRW 3,000,000,000 on June 10, 2026. The transaction involves participation from new investor IOKENM Co.,Ltd. The Bonds are 100% convertible into 6,000,000 Common Shares of the company at an issue price of KRW 500 and the conversion billing period will start from June 18, 2027 till May 18, 2029. The Bonds will have a maturity date of June 18, 2029. The Bonds have an coupon rate of 4% and maturity interest rate of 6%. The transaction has been approved by the Board of Directors of the company. The securities being issued are on a hold period for 1 year. The transaction is expected to close on June 18, 2026. Valuation Update With 7 Day Price Move • Jun 02
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₩360, the stock trades at a trailing P/E ratio of 8.5x. Average trailing P/E is 52x in the Capital Markets industry in South Korea. Total loss to shareholders of 66% over the past three years. Valuation Update With 7 Day Price Move • Apr 14
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to ₩444, the stock trades at a trailing P/E ratio of 10.5x. Average trailing P/E is 53x in the Capital Markets industry in South Korea. Total loss to shareholders of 61% over the past three years. Announcement • Mar 14
Plutus Investment Co.,Ltd, Annual General Meeting, Mar 27, 2026 Plutus Investment Co.,Ltd, Annual General Meeting, Mar 27, 2026, at 09:01 Tokyo Standard Time. Location: conference room, 14, teheran-ro 84-gil, gangnam-gu, seoul South Korea Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to ₩340, the stock trades at a trailing P/E ratio of 24.4x. Average trailing P/E is 49x in the Capital Markets industry in South Korea. Total loss to shareholders of 70% over the past three years. New Risk • Feb 09
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 12% 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 High level of non-cash earnings (32% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Market cap is less than US$100m (₩28.9b market cap, or US$19.8m). Valuation Update With 7 Day Price Move • Feb 06
Investor sentiment improves as stock rises 29% After last week's 29% share price gain to ₩332, the stock trades at a trailing P/E ratio of 23.9x. Average trailing P/E is 48x in the Capital Markets industry in South Korea. Total loss to shareholders of 78% over the past three years. New Risk • Sep 05
New minor risk - Revenue size The company makes less than US$5m in revenue. Total revenue: ₩4.5b (US$3.2m) 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 Risk Less than 1 year of cash runway based on free cash flow trend (-₩26b free cash flow). Minor Risks Shareholders have been diluted in the past year (25% increase in shares outstanding). Revenue is less than US$5m (₩4.5b revenue, or US$3.2m). Market cap is less than US$100m (₩20.8b market cap, or US$15.0m). New Risk • Apr 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: -₩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 (12% average weekly change). Earnings have declined by 3.6% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (24% increase in shares outstanding). Market cap is less than US$100m (₩15.9b market cap, or US$10.9m). Announcement • Mar 13
Plutus Investment Co.,Ltd, Annual General Meeting, Mar 28, 2025 Plutus Investment Co.,Ltd, Annual General Meeting, Mar 28, 2025, at 09:00 Tokyo Standard Time. Location: conference room, 14, teheran-ro 84-gil, gangnam-gu, seoul South Korea New Risk • Feb 27
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 12% 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 10.0% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Shareholders have been diluted in the past year (24% increase in shares outstanding). Revenue is less than US$5m (₩4.3b revenue, or US$3.0m). Market cap is less than US$100m (₩19.9b market cap, or US$13.8m). 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 Risks Share price has been volatile over the past 3 months (12% average weekly change). Shareholders have been diluted in the past year (24% increase in shares outstanding). Market cap is less than US$100m (₩19.7b market cap, or US$13.7m). 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 Risks No financial data reported. Share price has been highly volatile over the past 3 months (13% average weekly change). Minor Risks Shareholders have been diluted in the past year (24% increase in shares outstanding). Market cap is less than US$100m (₩18.7b market cap, or US$13.1m). New Risk • Oct 31
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 11% 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 Risks Share price has been highly volatile over the past 3 months (19% average weekly change). Earnings have declined by 16% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (11% increase in shares outstanding). Revenue is less than US$5m (₩5.9b revenue, or US$4.3m). Market cap is less than US$100m (₩22.8b market cap, or US$16.5m). New Risk • Aug 12
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 12% 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 26% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Revenue is less than US$5m (₩3.1b revenue, or US$2.3m). Market cap is less than US$100m (₩21.7b market cap, or US$15.9m). New Risk • Mar 21
New major risk - Financial data availability The company's latest financial reports are more than a year old. Last reported fiscal period ended December 2022. This is considered a major 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. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported December 2022 fiscal period end). Revenue has declined by 96% over the past year. Revenue is less than US$1m (₩1.1b revenue, or US$822k). Minor Risks Share price has been volatile over the past 3 months (8.6% average weekly change). Shareholders have been diluted in the past year (21% increase in shares outstanding). Market cap is less than US$100m (₩35.0b market cap, or US$26.3m). Announcement • Mar 06
Leaders Technology Investment Co.,Ltd announced that it expects to receive KRW 6.999999776 billion in funding Leaders Technology Investment Co.,Ltd. announced a private placement to issue 13,011,152 Common Stock at an issue price of KRW 538 per share for the gross proceeds of KRW 6,999,999,776 on March 5, 2024. The transaction will include participation from new investor Value Up Impact Investment. The transaction has been approved by the shareholders of the company and is expected to close on April 22, 2024. The securities are restricted to a hold period of 1 year.
7,434,944 shares - The transaction will include participation from new investor Value Up Impact Investment. The transaction has been approved by the shareholders of the company and is expected to close on May 3, 2024. The securities are restricted to a hold period of 1 year. New Risk • Oct 07
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 Risks Share price has been highly volatile over the past 3 months (16% average weekly change). Revenue has declined by 96% over the past year. Revenue is less than US$1m (₩1.1b revenue, or US$814k). 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 (21% increase in shares outstanding). Market cap is less than US$100m (₩33.7b market cap, or US$25.1m). New Risk • Aug 05
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 13% 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 (13% average weekly change). Revenue has declined by 96% over the past year. Revenue is less than US$1m (₩1.1b revenue, or US$838k). Minor Risks Shareholders have been diluted in the past year (21% increase in shares outstanding). Market cap is less than US$100m (₩50.6b market cap, or US$38.8m). New Risk • Jun 08
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 21% 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 Risks Revenue has declined by 96% over the past year. Revenue is less than US$1m (₩1.1b revenue, or US$838k). Minor Risks Share price has been volatile over the past 3 months (8.5% average weekly change). Shareholders have been diluted in the past year (21% increase in shares outstanding). Market cap is less than US$100m (₩55.2b market cap, or US$42.3m). Announcement • May 18
Leaders Technology Investment Co.,Ltd announced that it has received KRW 11.5 billion in funding from CANARIABIO M Inc., Thesh Holdings Co Ltd On May 17, 2023, Leaders Technology Investment Co.,Ltd closed the transaction. Board Change • May 03
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. No highly experienced directors. 2 independent directors (8 non-independent directors). Independent Outside Director Jaehwa Ko was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Feb 08
Leaders Technology Investment Co.,Ltd announced that it expects to receive KRW 5 billion in funding from CANARIABIO M Inc. Leaders Technology Investment Co.,Ltd announced a private placement of series 20 unguaranteed privately placed convertible bonds with bearer food rights for gross proceeds of KRW 5,000,000,000 on February 7, 2023. The transaction will include participation from returning investor CANARIABIO M Inc. The zero coupon series 20 bonds will mature on July 13, 2026 will be issued through yearning method and will have a yield to maturity rate of 4%. The bonds will be fully convertible into 9,416,195 common shares at an issue conversion price of KRW 531 per share between the period starting from July 13, 2024 and ending on June 13, 2026. The bonds will have a lock-up period of one year. The expected payment date is July 13, 2023. The transaction has been approved by board of directors of the company. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. No highly experienced directors. 2 independent directors (8 non-independent directors). Independent Outside Director Jaehwa Ko was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Jun 24
Full year 2022 earnings released Full year 2022 results: Revenue: ₩23.9b (down 37% from FY 2021). Net loss: ₩9.60b (down 487% from profit in FY 2021). Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. No highly experienced directors. 2 independent directors (8 non-independent directors). Independent Outside Director Jaehwa Ko was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Feb 21
Third quarter 2022 earnings: Revenues in line with analyst expectations Third quarter 2022 results: Revenue: ₩13.3b (down 47% from 3Q 2021). Net income: ₩14.3b (down 49% from 3Q 2021). Revenue was in line with analyst estimates. Valuation Update With 7 Day Price Move • Jun 30
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ₩1,130, the stock trades at a trailing P/E ratio of 10.3x. Average trailing P/E is 17x in the Capital Markets industry in South Korea. Total returns to shareholders of 79% over the past three years. Is New 90 Day High Low • Mar 02
New 90-day high: ₩978 The company is up 74% from its price of ₩563 on 02 December 2020. The South Korean market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is flat over the same period. Is New 90 Day High Low • Feb 08
New 90-day high: ₩655 The company is up 13% from its price of ₩580 on 10 November 2020. The South Korean market is up 25% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Capital Markets industry, which is up 15% over the same period.