New Risk • Apr 21
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 13% 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 Debt is not well covered by operating cash flow (13% operating cash flow to total debt). Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (₩47.2b market cap, or US$32.1m). Valuation Update With 7 Day Price Move • Apr 17
Investor sentiment improves as stock rises 30% After last week's 30% share price gain to ₩1,713, the stock trades at a trailing P/E ratio of 10.9x. Average trailing P/E is 16x in the Software industry in South Korea. Total loss to shareholders of 5.5% over the past three years. Announcement • Mar 12
SoftCamp Co., Ltd., Annual General Meeting, Mar 31, 2026 SoftCamp Co., Ltd., Annual General Meeting, Mar 31, 2026, at 09:01 Tokyo Standard Time. Location: conference room, 9, gwacheon-daero 7na-gil, gyeonggi-do, gwacheon South Korea Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₩1,070, the stock trades at a trailing P/E ratio of 23.4x. Average trailing P/E is 16x in the Software industry in South Korea. Total loss to shareholders of 51% over the past three years. Valuation Update With 7 Day Price Move • Dec 01
Investor sentiment improves as stock rises 39% After last week's 39% share price gain to ₩1,682, the stock trades at a trailing P/E ratio of 36.7x. Average trailing P/E is 16x in the Software industry in South Korea. Total returns to shareholders of 5.8% over the past three years. Reported Earnings • Nov 19
Third quarter 2025 earnings released: EPS: ₩26.00 (vs ₩107 in 3Q 2024) Third quarter 2025 results: EPS: ₩26.00 (down from ₩107 in 3Q 2024). Revenue: ₩6.64b (up 69% from 3Q 2024). Net income: ₩607.5m (down 76% from 3Q 2024). Profit margin: 9.2% (down from 65% in 3Q 2024). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Sep 19
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to ₩1,313, the stock trades at a trailing P/E ratio of 10.3x. Average trailing P/E is 16x in the Software industry in South Korea. Total loss to shareholders of 18% over the past three years. Valuation Update With 7 Day Price Move • Jun 10
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩1,320, the stock trades at a trailing P/E ratio of 23x. Average trailing P/E is 16x in the Software industry in South Korea. Total loss to shareholders of 28% over the past three years. Reported Earnings • Mar 20
Full year 2024 earnings released: EPS: ₩9.00 (vs ₩243 loss in FY 2023) Full year 2024 results: EPS: ₩9.00 (up from ₩243 loss in FY 2023). Revenue: ₩16.9b (down 8.6% from FY 2023). Net income: ₩224.6m (up ₩6.04b from FY 2023). Profit margin: 1.3% (up from net loss in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance. Announcement • Mar 14
SoftCamp Co., Ltd., Annual General Meeting, Mar 31, 2025 SoftCamp Co., Ltd., Annual General Meeting, Mar 31, 2025, at 09:00 Tokyo Standard Time. Location: conference room, 9, gwacheon-daero 7na-gil, gyeonggi-do, gwacheon South Korea 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 (11% average weekly change). Market cap is less than US$100m (₩27.2b market cap, or US$18.9m). New Risk • Dec 10
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 72% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Market cap is less than US$100m (₩29.9b market cap, or US$20.9m). Reported Earnings • May 18
First quarter 2024 earnings released: ₩54.00 loss per share (vs ₩54.00 loss in 1Q 2023) First quarter 2024 results: ₩54.00 loss per share (in line with 1Q 2023). Revenue: ₩3.12b (down 7.6% from 1Q 2023). Net loss: ₩1.30b (flat on 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance. Reported Earnings • Mar 19
Full year 2023 earnings released: ₩243 loss per share (vs ₩37.00 profit in FY 2022) Full year 2023 results: ₩243 loss per share (down from ₩37.00 profit in FY 2022). Revenue: ₩18.5b (down 2.8% from FY 2022). Net loss: ₩5.82b (down ₩6.70b from profit in FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 47 percentage points per year, which is a significant difference in performance. New Risk • Aug 22
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: 2.0% Last year net profit margin: 6.0% 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: Major Risk Earnings have declined by 29% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.0% net profit margin). Market cap is less than US$100m (₩37.6b market cap, or US$28.0m). Reported Earnings • Mar 16
Full year 2022 earnings released: EPS: ₩37.00 (vs ₩6.00 loss in FY 2021) Full year 2022 results: EPS: ₩37.00 (up from ₩6.00 loss in FY 2021). Revenue: ₩19.0b (down 7.5% from FY 2021). Net income: ₩885.5m (up ₩1.02b from FY 2021). Profit margin: 4.7% (up from net loss in FY 2021). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Mar 14
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₩1,891, the stock trades at a trailing P/E ratio of 55x. Average trailing P/E is 18x in the Software industry in South Korea. Total returns to shareholders of 59% over the past three years. Valuation Update With 7 Day Price Move • Feb 03
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₩2,235, the stock trades at a trailing P/E ratio of 65x. Average trailing P/E is 19x in the Software industry in South Korea. Total returns to shareholders of 9.3% over the past three years. Valuation Update With 7 Day Price Move • Dec 19
Investor sentiment improved over the past week After last week's 33% share price gain to ₩2,040, the stock trades at a trailing P/E ratio of 59.3x. Average trailing P/E is 15x in the Software industry in South Korea. Total returns to shareholders of 5.2% over the past three years. Reported Earnings • Nov 17
Third quarter 2022 earnings released: ₩3.00 loss per share (vs ₩14.00 profit in 3Q 2021) Third quarter 2022 results: ₩3.00 loss per share (down from ₩14.00 profit in 3Q 2021). Revenue: ₩4.44b (down 5.7% from 3Q 2021). Net loss: ₩64.8m (down 119% from profit in 3Q 2021). Announcement • Jul 14
SoftCamp Co., Ltd. announced that it has received KRW 10 billion in funding from Focus Asset Management Co., Ltd., Rhinos Asset Management Co., Ltd On July 12, 2021, SoftCamp Co., Ltd. closed the transaction. Is New 90 Day High Low • Feb 24
New 90-day low: ₩2,900 The company is down 26% from its price of ₩3,900 on 26 November 2020. The South Korean market is up 17% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 10.0% over the same period. Is New 90 Day High Low • Dec 18
New 90-day high: ₩4,900 The company is up 73% from its price of ₩2,835 on 18 September 2020. The South Korean market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 3.0% over the same period. Is New 90 Day High Low • Nov 16
New 90-day high: ₩4,150 The company is up 39% from its price of ₩2,980 on 18 August 2020. The South Korean market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 8.0% over the same period.