Buy Or Sell Opportunity • Mar 25
Now 23% overvalued Over the last 90 days, the stock has fallen 8.0% to ₩18,160. The fair value is estimated to be ₩14,758, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 9.8% over the last 3 years. Earnings per share has grown by 11%. Announcement • Mar 17
Inzisoft Co.,Ltd., Annual General Meeting, Mar 31, 2026 Inzisoft Co.,Ltd., Annual General Meeting, Mar 31, 2026, at 09:01 Tokyo Standard Time. Location: conference room, 131, teheran-ro, gangnam-gu, seoul South Korea Announcement • Nov 04
Inzisoft Co.,Ltd. (KOSDAQ:A100030) announces an Equity Buyback for KRW 1,500 million worth of its shares. Inzisoft Co.,Ltd. (KOSDAQ:A100030) announces a share repurchase program. Under the program, the company will repurchase up to KRW 1,500 million worth of its common stock pursuant to an agreement with Daishin Securities Co., Ltd. The purpose of the program is to Increase shareholder value through stock price stabilization. The program will expire on May 4, 2026. As of November 3, 2025, the company had 620,666 shares in treasury and 0 shares in treasury through other acquisition. New Risk • Aug 31
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 23% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (23% accrual ratio). Minor Risk Market cap is less than US$100m (₩47.7b market cap, or US$34.4m). Upcoming Dividend • Aug 12
Upcoming dividend of ₩1,126 per share Eligible shareholders must have bought the stock before 19 August 2025. Payment date: 04 September 2025. Trailing yield: 3.8%. Within top quartile of South Korean dividend payers (3.6%). Higher than average of industry peers (1.6%). New Risk • Mar 26
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 42% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (14% net profit margin). Market cap is less than US$100m (₩42.6b market cap, or US$29.1m). Reported Earnings • Mar 26
Full year 2024 earnings released: EPS: ₩954 (vs ₩1,934 in FY 2023) Full year 2024 results: EPS: ₩954 (down from ₩1,934 in FY 2023). Revenue: ₩18.9b (down 22% from FY 2023). Net income: ₩2.62b (down 51% from FY 2023). Profit margin: 14% (down from 22% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Announcement • Mar 15
Inzisoft Co.,Ltd., Annual General Meeting, Mar 31, 2025 Inzisoft Co.,Ltd., Annual General Meeting, Mar 31, 2025, at 09:00 Tokyo Standard Time. Location: conference room, 131, teheran-ro, gangnam-gu, seoul South Korea Buy Or Sell Opportunity • Feb 14
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 4.1% to ₩16,260. The fair value is estimated to be ₩13,535, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 44%. Upcoming Dividend • Dec 20
Upcoming dividend of ₩728 per share Eligible shareholders must have bought the stock before 27 December 2024. Payment date: 28 April 2025. Payout ratio is a comfortable 61% and this is well supported by cash flows. Trailing yield: 4.3%. Within top quartile of South Korean dividend payers (3.9%). Higher than average of industry peers (1.6%). Valuation Update With 7 Day Price Move • Nov 20
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩17,380, the stock trades at a trailing P/E ratio of 14.6x. Average trailing P/E is 14x in the Software industry in South Korea. Total returns to shareholders of 1.0% over the past three years. Announcement • Nov 18
Inzisoft Co.,Ltd. (KOSDAQ:A100030) announces an Equity Buyback for KRW 1,000 million worth of its shares. Inzisoft Co.,Ltd. (KOSDAQ:A100030) announces a share repurchase program. Under the program, the company will repurchase up to KRW 1,000 million worth of its common stock, pursuant to a contract with Daishin Securities Co., Ltd. The purpose of the program is to Increase shareholder value through stock price stabilization. The program will expire on May 15, 2025. As of November 14, 2024, the company had 46,267 shares in treasury and 549,167 shares in treasury through other acquisition. Reported Earnings • Nov 13
Third quarter 2024 earnings released: EPS: ₩379 (vs ₩1,224 in 3Q 2023) Third quarter 2024 results: EPS: ₩379 (down from ₩1,224 in 3Q 2023). Revenue: ₩4.72b (down 20% from 3Q 2023). Net income: ₩1.04b (down 69% from 3Q 2023). Profit margin: 22% (down from 58% in 3Q 2023). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Announcement • Oct 22
Inzisoft Co.,Ltd. (KOSDAQ:A100030) announces an Equity Buyback for KRW 1,000 million worth of its shares. Inzisoft Co.,Ltd. (KOSDAQ:A100030) announces a share repurchase program. Under the program, the company will repurchase up to KRW 1,000 million worth of its common stock, pursuant to a contract with Daishin Securities Co., Ltd. The purpose of the program is to stabilize the stock prices. The program will expire on April 21, 2025. As of October 20, 2024, the company had 536,604 shares in treasury and no shares in treasury through other acquisition. New Risk • May 25
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 24% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. 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. Large one-off items impacting financial results. Market cap is less than US$100m (₩55.9b market cap, or US$41.0m). Buy Or Sell Opportunity • Apr 05
Now 21% undervalued Over the last 90 days, the stock has risen 5.2% to ₩18,000. The fair value is estimated to be ₩22,657, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.9% over the last 3 years. Earnings per share has declined by 26%. Upcoming Dividend • Dec 20
Upcoming dividend of ₩360 per share at 4.4% yield Eligible shareholders must have bought the stock before 27 December 2023. Payment date: 26 April 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 4.4%. Within top quartile of South Korean dividend payers (3.5%). Higher than average of industry peers (1.6%). Reported Earnings • Nov 19
Third quarter 2023 earnings released: EPS: ₩1,224 (vs ₩357 in 3Q 2022) Third quarter 2023 results: EPS: ₩1,224 (up from ₩357 in 3Q 2022). Revenue: ₩5.89b (down 9.0% from 3Q 2022). Net income: ₩3.39b (up 243% from 3Q 2022). Profit margin: 58% (up from 15% in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Announcement • Sep 14
Inzisoft Co.,Ltd. (KOSDAQ:A100030) announces an Equity Buyback for KRW 500 million worth of its shares. Inzisoft Co.,Ltd. (KOSDAQ:A100030) announces a share repurchase program. Under the program, the company will repurchase up to KRW 500 million worth of its common stock, pursuant to a contract with Daishin Securities Co., Ltd. The purpose of the program is to stabilize the stock prices. The program will expire on March 13, 2024. As of September 12, 2023, the company had 510,266 shares in treasury and no shares in treasury through other acquisition. Reported Earnings • May 19
First quarter 2023 earnings released: EPS: ₩556 (vs ₩3,785 in 1Q 2022) First quarter 2023 results: EPS: ₩556 (down from ₩3,785 in 1Q 2022). Revenue: ₩5.42b (up 11% from 1Q 2022). Net income: ₩1.54b (down 85% from 1Q 2022). Profit margin: 28% (down from 211% in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Feb 24
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₩26,700, the stock trades at a trailing P/E ratio of 4.1x. Average trailing P/E is 20x in the Software industry in South Korea. Total returns to shareholders of 60% over the past three years. Valuation Update With 7 Day Price Move • Feb 09
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₩24,600, the stock trades at a trailing P/E ratio of 3.8x. Average trailing P/E is 21x in the Software industry in South Korea. Total returns to shareholders of 31% over the past three years. 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. 3 experienced directors. No highly experienced directors. 1 independent director (2 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: Minority of independent directors. Insufficient board refreshment. Upcoming Dividend • Oct 11
Inaugural dividend of ₩360 per share Eligible shareholders must have bought the stock before 18 October 2022. Payment date: 10 November 2022. This is the first dividend for MobileleaderLtd since going public. The average dividend yield among industry peers is 1.9%. Buying Opportunity • Sep 16
Now 21% undervalued Over the last 90 days, the stock is up 15%. The fair value is estimated to be ₩30,302, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 75%. Valuation Update With 7 Day Price Move • Jun 23
Investor sentiment deteriorated over the past week After last week's 20% share price decline to ₩16,800, the stock trades at a trailing P/E ratio of 2.3x. Average trailing P/E is 16x in the Software industry in South Korea. Total loss to shareholders of 50% over the past three years. 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. 3 experienced directors. No highly experienced directors. 1 independent director (2 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: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Apr 05
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₩21,100, the stock trades at a trailing P/E ratio of 11.4x. Average trailing P/E is 22x in the Software industry in South Korea. Total returns to shareholders of 97% over the past three years. Is New 90 Day High Low • Feb 18
New 90-day high: ₩19,500 The company is up 23% from its price of ₩15,800 on 20 November 2020. The South Korean market is up 22% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 14% over the same period. Is New 90 Day High Low • Jan 27
New 90-day high: ₩19,300 The company is up 32% from its price of ₩14,650 on 29 October 2020. The South Korean market is also up 32% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Software industry, which is up 14% over the same period. Is New 90 Day High Low • Jan 05
New 90-day high: ₩19,000 The company is up 20% from its price of ₩15,800 on 07 October 2020. The South Korean market is up 23% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Software industry, which is up 4.0% over the same period. Is New 90 Day High Low • Dec 16
New 90-day high: ₩17,350 The company is up 6.0% from its price of ₩16,400 on 17 September 2020. The South Korean market is up 12% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Software industry, which is down 1.0% over the same period. Is New 90 Day High Low • Oct 30
New 90-day low: ₩14,300 The company is down 12% from its price of ₩16,250 on 31 July 2020. The South Korean market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 4.0% over the same period.