New Risk • Jun 23
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₩13.7b (US$8.94m) 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 (21% average weekly change). Market cap is less than US$10m (₩13.7b market cap, or US$8.94m). Announcement • May 19
IOKENM Co.,Ltd. has completed a Follow-on Equity Offering in the amount of KRW 999.99645 million. IOKENM Co.,Ltd. has completed a Follow-on Equity Offering in the amount of KRW 999.99645 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 240,963
Price\Range: KRW 4150
Transaction Features: Subsequent Direct Listing Announcement • May 06
STAGEONE ENTER Co.,Ltd. has filed a Follow-on Equity Offering in the amount of KRW 999.99627 million. STAGEONE ENTER Co.,Ltd. has filed a Follow-on Equity Offering in the amount of KRW 999.99627 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 265,251
Price\Range: KRW 3770
Transaction Features: Subsequent Direct Listing Board Change • Apr 30
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. No independent directors (7 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Announcement • Mar 14
STAGEONE ENTER Co.,Ltd., Annual General Meeting, Mar 27, 2026 STAGEONE ENTER Co.,Ltd., Annual General Meeting, Mar 27, 2026, at 09:01 Tokyo Standard Time. Location: seminar room, 52, seobinggo-ro 51-gil, yongsan-gu, seoul South Korea New Risk • Feb 24
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 11% 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 Less than 1 year of cash runway based on free cash flow trend (-₩9.6b free cash flow). Earnings have declined by 3.0% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (₩38.8b market cap, or US$26.9m). New Risk • Sep 01
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: -₩11b 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 (-₩11b free cash flow). Earnings have declined by 12% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.4% average weekly change). Shareholders have been diluted in the past year (29% increase in shares outstanding). Market cap is less than US$100m (₩84.1b market cap, or US$60.4m). New Risk • Aug 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: -₩11b 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 (-₩11b free cash flow). Earnings have declined by 12% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.4% average weekly change). Shareholders have been diluted in the past year (29% increase in shares outstanding). Market cap is less than US$100m (₩82.6b market cap, or US$59.5m). New Risk • Aug 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 8.2% 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 18% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.2% average weekly change). Shareholders have been diluted in the past year (29% increase in shares outstanding). Market cap is less than US$100m (₩81.3b market cap, or US$58.1m). Announcement • Mar 13
NS ENM Co.,Ltd., Annual General Meeting, Mar 27, 2025 NS ENM Co.,Ltd., Annual General Meeting, Mar 27, 2025, at 08:00 Tokyo Standard Time. Location: seminar room, 52, seobinggo-ro 51-gil, yongsan-gu, seoul South Korea New Risk • Feb 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 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 Risks Earnings have declined by 24% per year over the past 5 years. Shareholders have been substantially diluted in the past year (119% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Market cap is less than US$100m (₩104.3b market cap, or US$72.6m). Board Change • Feb 20
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. No independent directors (7 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. New Risk • Dec 07
New minor risk - Financial data availability Less than 3 years of financial data is available. This is considered a minor risk. If the company has been trading for less than 3 years, then it has not had the opportunity to establish a long-term track record. This makes it difficult for investors to assess the true growth potential, sustainability and resilience of the business under different economic conditions. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (119% increase in shares outstanding). Minor Risks Less than 3 years of financial data is available. Share price has been volatile over the past 3 months (10.0% average weekly change). Market cap is less than US$100m (₩80.9b market cap, or US$56.9m). New Risk • Jul 17
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 61% 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 (11% average weekly change). Earnings have declined by 31% per year over the past 5 years. Shareholders have been substantially diluted in the past year (61% increase in shares outstanding). Minor Risk Market cap is less than US$100m (₩65.0b market cap, or US$47.1m). New Risk • Jun 28
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.2% 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 31% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Shareholders have been diluted in the past year (5.2% increase in shares outstanding). Market cap is less than US$100m (₩34.7b market cap, or US$25.2m). Board Change • Dec 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. No independent directors (8 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. New Risk • Jul 07
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 8.4% 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 Less than 1 year of cash runway based on free cash flow trend (-₩4.6b free cash flow). Earnings have declined by 47% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.4% average weekly change). Shareholders have been diluted in the past year (2.1% increase in shares outstanding). Market cap is less than US$100m (₩23.4b market cap, or US$17.9m). Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. No independent directors (8 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. No independent directors (8 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Announcement • Apr 26
IokCompany Co., Ltd. announced that it has received KRW 20 billion in funding from Vivien Corporation, Mirae Corporation On April 25, 2022, IokCompany Co., Ltd. closed the transaction. Is New 90 Day High Low • Mar 09
New 90-day low: ₩1,340 The company is down 33% from its price of ₩2,010 on 09 December 2020. The South Korean market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is up 8.0% over the same period. Announcement • Feb 18
IokCompany Co., Ltd. announced that it has received KRW 1 billion in funding IokCompany Co., Ltd. (KOSDAQ:A078860) announced that it has received KRW 1,000,000,000 in a round of funding on February 17, 2021. The company issued series 16 no guarantee with bearer no interest privately held convertible bonds in the transaction. The transaction included participation from individual investor Han Bin Kim. The bonds do not carry any interest. The bonds will mature on February 17, 2024. The bonds are fully convertible at a fixed conversion price of KRW 1,440 per share into 694,444 common shares from February 17, 2022 to January 17, 2024. The transaction was approved by the board of directors of the company. Is New 90 Day High Low • Jan 29
New 90-day low: ₩1,485 The company is down 23% from its price of ₩1,935 on 30 October 2020. The South Korean market is up 33% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is up 28% over the same period. Is New 90 Day High Low • Dec 22
New 90-day low: ₩1,690 The company is down 12% from its price of ₩1,915 on 23 September 2020. The South Korean market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is down 3.0% over the same period. Is New 90 Day High Low • Nov 24
New 90-day high: ₩2,290 The company is up 30% from its price of ₩1,765 on 26 August 2020. The South Korean market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Entertainment industry, which is down 1.0% over the same period. Valuation Update With 7 Day Price Move • Nov 24
Market bids up stock over the past week After last week's 18% share price gain to ₩2,290, the stock is trading at a trailing P/E ratio of 15.5x, up from the previous P/E ratio of 13.2x. This compares to an average P/E of 20x in the Entertainment industry in South Korea. Total return to shareholders over the past three years is a loss of 12%. Valuation Update With 7 Day Price Move • Oct 12
Market bids up stock over the past week After last week's 16% share price gain to ₩2,245, the stock is trading at a trailing P/E ratio of 15.2x, up from the previous P/E ratio of 13.1x. This compares to an average P/E of 24x in the Entertainment industry in South Korea. Total return to shareholders over the past three years is a loss of 11%. Announcement • Aug 15
An unknown buyer agreed to acquire 57.4% stake in The Sky Farm Co., Ltd. from IokCompany Co., Ltd. (KOSDAQ:A078860) for KWR 13.7 billion. An unknown buyer agreed to acquire 57.4% stake in The Sky Farm Co., Ltd. from IokCompany Co., Ltd. (KOSDAQ:A078860) for KWR 13.7 billion on August 14, 2020. As per the transaction, IokCompany Co., Ltd will dispose 0.76 million shares. The transaction is expected to be completed on August 14, 2020.