New Risk • Jun 11
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: Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Market cap is less than US$100m (₩39.1b market cap, or US$25.7m). Valuation Update With 7 Day Price Move • Jun 02
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to ₩3,885, the stock trades at a trailing P/E ratio of 13x. Average trailing P/E is 14x in the Software industry in South Korea. Total loss to shareholders of 47% over the past three years. Valuation Update With 7 Day Price Move • Apr 29
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₩6,000, the stock trades at a trailing P/E ratio of 25.5x. Average trailing P/E is 16x in the Software industry in South Korea. Total loss to shareholders of 20% over the past three years. Valuation Update With 7 Day Price Move • Apr 15
Investor sentiment improves as stock rises 36% After last week's 36% share price gain to ₩4,690, the stock trades at a trailing P/E ratio of 19.9x. Average trailing P/E is 15x in the Software industry in South Korea. Total loss to shareholders of 38% over the past three years. Announcement • Mar 17
FASOO Co.,Ltd., Annual General Meeting, Mar 30, 2026 FASOO Co.,Ltd., Annual General Meeting, Mar 30, 2026, at 09:01 Tokyo Standard Time. Location: conference room, 396, world cup buk-ro, mapo-gu, seoul South Korea Upcoming Dividend • Dec 22
Upcoming dividend of ₩100.00 per share Eligible shareholders must have bought the stock before 29 December 2025. Payment date: 14 April 2026. Payout ratio is a comfortable 51% but the company is paying out more than the cash it is generating. Trailing yield: 2.2%. Lower than top quartile of South Korean dividend payers (3.6%). Higher than average of industry peers (1.7%). Reported Earnings • Nov 19
Third quarter 2025 earnings released: EPS: ₩27.00 (vs ₩53.00 loss in 3Q 2024) Third quarter 2025 results: EPS: ₩27.00 (up from ₩53.00 loss in 3Q 2024). Revenue: ₩10.4b (up 6.8% from 3Q 2024). Net income: ₩300.0m (up ₩897.8m from 3Q 2024). Profit margin: 2.9% (up from net loss in 3Q 2024). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings. Declared Dividend • Nov 08
Dividend of ₩100.00 announced Dividend of ₩100.00 is the same as last year. Ex-date: 29th December 2025 Payment date: 14th April 2026 Dividend yield will be 2.2%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (86% earnings payout ratio) but not covered by cash flows (214% cash payout ratio). The dividend has not increased over the past 3 years but payments have been stable during that time. Earnings per share has grown by 32% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Nov 07
FASOO Co.,Ltd. announces Annual dividend, payable on April 14, 2026 FASOO Co.,Ltd. announced Annual dividend of KRW 100.0000 per share payable on April 14, 2026, ex-date on December 29, 2025 and record date on December 31, 2025. Reported Earnings • Aug 16
Second quarter 2025 earnings released: ₩108 loss per share (vs ₩48.00 profit in 2Q 2024) Second quarter 2025 results: ₩108 loss per share (down from ₩48.00 profit in 2Q 2024). Revenue: ₩10.7b (down 5.3% from 2Q 2024). Net loss: ₩1.22b (down 321% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings. New Risk • Aug 16
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 34% 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 Dividend is not well covered by cash flows (214% cash payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.9% net profit margin). Market cap is less than US$100m (₩51.9b market cap, or US$37.4m). New Risk • May 21
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 6.6% Last year net profit margin: 11% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (134% cash payout ratio). Profit margins are more than 30% lower than last year (6.6% net profit margin). Market cap is less than US$100m (₩55.8b market cap, or US$40.2m). Reported Earnings • Mar 25
Full year 2024 earnings released: EPS: ₩394 (vs ₩384 in FY 2023) Full year 2024 results: EPS: ₩394 (up from ₩384 in FY 2023). Revenue: ₩46.1b (up 8.1% from FY 2023). Net income: ₩4.49b (up 2.1% from FY 2023). Profit margin: 9.7% (in line with FY 2023). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has fallen by 24% per year, which means it is performing significantly worse than earnings. Announcement • Feb 13
FASOO Co.,Ltd., Annual General Meeting, Mar 27, 2025 FASOO Co.,Ltd., Annual General Meeting, Mar 27, 2025, at 09:01 Tokyo Standard Time. Location: conference room, 396, world cup buk-ro, mapo-gu, seoul South Korea Upcoming Dividend • Dec 20
Upcoming dividend of ₩100.00 per share Eligible shareholders must have bought the stock before 27 December 2024. Payment date: 14 April 2025. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of South Korean dividend payers (3.9%). Higher than average of industry peers (1.6%). 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 Risk Market cap is less than US$100m (₩58.1b market cap, or US$40.4m). Valuation Update With 7 Day Price Move • Dec 16
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩5,140, the stock trades at a trailing P/E ratio of 16.8x. Average trailing P/E is 17x in the Software industry in South Korea. Total loss to shareholders of 60% over the past three years. Valuation Update With 7 Day Price Move • Nov 28
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to ₩5,380, the stock trades at a trailing P/E ratio of 17.9x. Average trailing P/E is 16x in the Software industry in South Korea. Total loss to shareholders of 51% over the past three years. Announcement • Nov 18
Fasoo Combats Shadow Vulnerabilities and Delivers Full Data Visibility with Advanced DSPM Solutions Fasoo revolutionizes how organizations safeguard their information assets through its advanced Data Security Posture Management (DSPM). Fasoo's DSPM solutions leverage data lineage to discover, identify, and map data across unstructured data repositories, empowering organizations to protect against known and unknown vulnerabilities. Fasoo Data Radar (FDR) is the cornerstone of Fasoo's DSPM strategy. It provides organizations with a powerful tool for data discovery, classification, and tracking. By automatically identifying and classifying sensitive information, such as PII, financial records, and intellectual property (IP), FDR enables organizations to locate unstructured data across repositories. It continuously scans files and tracks usage, helping organizations reduce shadow IT risks while ensuring compliance with data protection regulations. Fasoo Integrated Log Manager (FILM) further enhances DSPM capabilities by offering comprehensive visibility into data access and usage across the organization. By consolidating data logs from multiple sources, FILM allows IT administrators to monitor activity patterns and detect anomalies, facilitating organizations to maintain a robust security posture while reducing the risk of data breaches and insider threats. In addition, Fasoo DSPM complements DLP and Enterprise DRM (EDRM), helping customers achieve an ideal data security framework. While DSPM identifies and tracks sensitive information, DLP prevents unauthorized data access and sharing, and EDRM secures content through encryption and access controls. Together, these technologies enable comprehensive visibility, protection, and control over data throughout its entire lifecycle, ensuring organizations can safeguard their information assets effectively across all environments. New Risk • Sep 17
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 Risk Market cap is less than US$100m (₩60.0b market cap, or US$45.6m). Valuation Update With 7 Day Price Move • Sep 06
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₩5,360, the stock trades at a trailing P/E ratio of 12.8x. Average trailing P/E is 15x in the Software industry in South Korea. Total loss to shareholders of 21% over the past three years. Buy Or Sell Opportunity • Sep 06
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 21% to ₩5,360. The fair value is estimated to be ₩6,739, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Reported Earnings • Aug 17
Second quarter 2024 earnings released: EPS: ₩48.00 (vs ₩60.00 in 2Q 2023) Second quarter 2024 results: EPS: ₩48.00 (down from ₩60.00 in 2Q 2023). Revenue: ₩11.3b (up 13% from 2Q 2023). Net income: ₩551.4m (down 19% from 2Q 2023). Profit margin: 4.9% (down from 6.8% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 2% per year. Announcement • Jul 16
FASOO Co.,Ltd. (KOSDAQ:A150900) announces an Equity Buyback for KRW 1,000 million worth of its shares. FASOO Co.,Ltd. (KOSDAQ:A150900) announces a share repurchase program. Under the program, the company will repurchase up to KRW 1,000 million worth of its shares, pursuant to a contract with Daishin Securities. The purpose of the program is to employee welfare promotion and shareholder value improvement. The program will expire on January 15, 2025. As of July 15, 2024, the company had 210,000 shares in treasury within scope available for dividend and had no shares in treasury under other acquisitions. Upcoming Dividend • Dec 20
Upcoming dividend of ₩100.00 per share at 1.1% yield Eligible shareholders must have bought the stock before 27 December 2023. Payment date: 08 April 2024. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of South Korean dividend payers (3.5%). Lower than average of industry peers (1.6%). Valuation Update With 7 Day Price Move • Dec 01
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₩8,590, the stock trades at a trailing P/E ratio of 23.3x. Average trailing P/E is 20x in the Software industry in South Korea. Total returns to shareholders of 8.2% over the past three years. Reported Earnings • Nov 19
Third quarter 2023 earnings released: EPS: ₩65.00 (vs ₩36.00 in 3Q 2022) Third quarter 2023 results: EPS: ₩65.00 (up from ₩36.00 in 3Q 2022). Revenue: ₩9.62b (up 5.6% from 3Q 2022). Net income: ₩749.4m (up 83% from 3Q 2022). Profit margin: 7.8% (up from 4.5% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Buying Opportunity • Nov 13
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 15%. The fair value is estimated to be ₩7,799, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Meanwhile, the company has become profitable. Announcement • Jun 06
Fasoo Unveils Next-Generation Data Security Platform Tackling Ai Risks At Gartner Security and Risk Management Summit Fasoo will demonstrate its latest advancements in data security posture management solutions at the 2023 Gartner Security and Risk Management Summit June 5 - 7 in the Washington DC area. It will showcase its unified Data Security Platform that enhances security to minimize AI risks. This helps organizations maintain data security and privacy in today's remote and hybrid work world without compromising productivity. Fasoo AI Radar (Fasoo AiR) is an innovative data privacy solution that detects and protects sensitive information based on its advanced machine learning (ML) technology. Instead of using conventional regex-pattern rules, the solution detects personally identifiable information (PII) by understanding the context of documents, including Microsoft Office and PDF files (plans to support video and audio files soon). It not only detects privacy information but can mask sensitive information automatically, helping organizations protect PII data and comply with privacy regulations. Fasoo AI Proxy (Fasoo AiP) is an intelligent secure web gateway solution that monitors, analyzes and filters sensitive information while users access public generative AI services. Fasoo's innovative approach allows only authorized users and groups to use public AI services and restricts sharing of sensitive content while the users are accessing the AI services. Fasoo Integrated Log Manager (FILM) is a comprehensive file usage log management solution that monitors and analyzes the complete use of all unstructured data, enabling organizations to take preventive measures to mitigate potential risks and optimize their data security policies. FILM visualizes the security status of all devices and monitors logs of data security solutions, meeting today's most stringent regulatory compliance requirements. The Fasoo Data Security Platform (DSP) uses zero-trust principles to enable a unified and highly automated capability to discover, classify, protect, govern and monitor sensitive files. Controls are enforced as sensitive files move about cloud services and when collaborating and sharing data with internal and external parties. Announcement • Dec 01
FASOO Co.,Ltd. Launches an Upgraded Version of Wrapsody ECo to Help Organizations Fortify Intellectual Property Protection and Empower Secure Collaboration Fasoo Co. Ltd., will introduce a cloud edition of the rejuvenated secure collaboration solution, Wrapsody eCo. The upgraded version of Wrapsody eCo has consolidated essential collaboration capabilities like secure file-sharing, content management, enterprise messaging, and video conferencing into a single platform to simplify processes and optimally manage resources. Wrapsody eCo enables organizations to securely share and track sensitive documents with internal or external users to protect intellectual property or privacy data and meet regulatory requirements like CCPA and GDPR. Users can specify security and control for each file, from open sharing to encryption, or share with a group using pre-defined controls. Granular rights, such as copy, paste, edit, and print, can be applied for advanced security of sensitive information. Unlike VDR (Virtual Data Room) and conventional file sharing services, users can work across multiple enterprise collaboration tools while preserving consistent file security and visibility. The solution helps lower third-party risk by maintaining access and control to shared data, including remotely expiring access at will. The latest release also includes extended file support that not only supports Microsoft Office and PDF files, but adds various CAD drawings file formats and many more.The latest release also includes extended file support that not only supports Microsoft Office and PDF files, but adds various CAD drawings file formats and many more. Reported Earnings • May 18
First quarter 2022 earnings released: ₩21.00 loss per share (vs ₩164 loss in 1Q 2021) First quarter 2022 results: ₩21.00 loss per share (up from ₩164 loss in 1Q 2021). Revenue: ₩8.20b (up 31% from 1Q 2021). Net loss: ₩242.4m (loss narrowed 87% from 1Q 2021). Over the next year, revenue is forecast to grow 25%, compared to a 18% growth forecast for the industry in South Korea. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Apr 20
Investor sentiment improved over the past week After last week's 16% share price gain to ₩11,550, the stock trades at a trailing P/E ratio of 31.1x. Average forward P/E is 18x in the Software industry in South Korea. Total returns to shareholders of 166% over the past three years. Valuation Update With 7 Day Price Move • Feb 15
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₩8,890, the stock trades at a trailing P/E ratio of 23.3x. Average forward P/E is 16x in the Software industry in South Korea. Total returns to shareholders of 116% over the past three years. Valuation Update With 7 Day Price Move • Jan 27
Investor sentiment deteriorated over the past week After last week's 19% share price decline to ₩9,500, the stock trades at a trailing P/E ratio of 24.9x. Average forward P/E is 17x in the Software industry in South Korea. Total returns to shareholders of 184% over the past three years. Valuation Update With 7 Day Price Move • Jan 27
Investor sentiment deteriorated over the past week After last week's 19% share price decline to ₩9,500, the stock trades at a trailing P/E ratio of 24.9x. Average forward P/E is 17x in the Software industry in South Korea. Total returns to shareholders of 184% over the past three years. Valuation Update With 7 Day Price Move • Dec 13
Investor sentiment improved over the past week After last week's 17% share price gain to ₩12,300, the stock trades at a trailing P/E ratio of 30.8x. Average forward P/E is 22x in the Software industry in South Korea. Total returns to shareholders of 273% over the past three years. Valuation Update With 7 Day Price Move • Nov 17
Investor sentiment improved over the past week After last week's 18% share price gain to ₩11,800, the stock trades at a trailing P/E ratio of 69.6x. Average forward P/E is 15x in the Software industry in South Korea. Total returns to shareholders of 223% over the past three years. Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment improved over the past week After last week's 18% share price gain to ₩8,170, the stock trades at a trailing P/E ratio of 48.2x. Average trailing P/E is 24x in the Software industry in South Korea. Total returns to shareholders of 114% over the past three years. Is New 90 Day High Low • Mar 16
New 90-day low: ₩7,470 The company is down 6.0% from a price of ₩7,970 on 16 December 2020. Underperformed the South Korean market, which is up 9.0% over the last 90 days. Lagged the Software industry, which is up 5.0% over the same period. Announcement • Feb 10
FASOO Co.,Ltd., Annual General Meeting, Mar 26, 2021 FASOO Co.,Ltd., Annual General Meeting, Mar 26, 2021, at 09:00 Korea Standard Time. Is New 90 Day High Low • Jan 06
New 90-day high: ₩8,380 The company is up 8.0% from its price of ₩7,780 on 08 October 2020. The South Korean market is up 24% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Software industry, which is up 3.0% over the same period. Is New 90 Day High Low • Dec 01
New 90-day high: ₩7,990 The company is up 18% from its price of ₩6,790 on 02 September 2020. The South Korean market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 4.0% over the same period. Is New 90 Day High Low • Sep 25
New 90-day high: ₩7,900 The company is up 98% from its price of ₩4,000 on 26 June 2020. The South Korean market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 10.0% over the same period.