Inswave Co., Ltd.

KOSDAQ:A450520 Stock Report

Market Cap: ₩25.3b

Inswave Past Earnings Performance

Past criteria checks 0/6

Inswave's earnings have been declining at an average annual rate of -75.2%, while the Software industry saw earnings growing at 10.8% annually. Revenues have been growing at an average rate of 0.8% per year.

Key information

-75.21%

Earnings growth rate

-51.52%

EPS growth rate

Software Industry Growth14.56%
Revenue growth rate0.84%
Return on equity-7.51%
Net Margin-6.67%
Last Earnings Update31 Mar 2026

Recent past performance updates

Analysis Article May 29

Inswave Systems' (KOSDAQ:450520) Profits Appear To Have Quality Issues

Inswave Systems Co., Ltd.'s ( KOSDAQ:450520 ) robust recent earnings didn't do much to move the stock. We believe that...

Recent updates

Analysis Article Feb 03

Inswave Systems Co., Ltd.'s (KOSDAQ:450520) 32% Price Boost Is Out Of Tune With Earnings

Despite an already strong run, Inswave Systems Co., Ltd. ( KOSDAQ:450520 ) shares have been powering on, with a gain of...
Analysis Article Dec 02

What Inswave Systems Co., Ltd.'s (KOSDAQ:450520) 29% Share Price Gain Is Not Telling You

Inswave Systems Co., Ltd. ( KOSDAQ:450520 ) shareholders would be excited to see that the share price has had a great...
Analysis Article Nov 12

Does Inswave Systems (KOSDAQ:450520) Have A Healthy Balance Sheet?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article May 29

Inswave Systems' (KOSDAQ:450520) Profits Appear To Have Quality Issues

Inswave Systems Co., Ltd.'s ( KOSDAQ:450520 ) robust recent earnings didn't do much to move the stock. We believe that...
Analysis Article May 24

A Look At The Intrinsic Value Of Inswave Systems Co., Ltd. (KOSDAQ:450520)

Key Insights Inswave Systems' estimated fair value is ₩18,838 based on 2 Stage Free Cash Flow to Equity Current share...

Revenue & Expenses Breakdown

How Inswave makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

KOSDAQ:A450520 Revenue, expenses and earnings (KRW Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 2643,107-2,8749,5325,679
31 Dec 2538,958-3,4779,9545,780
30 Sep 2538,369-4,38710,5176,175
30 Jun 2535,986-2,8478,7345,912
31 Mar 2530,540-3,3208,3036,102
31 Dec 2430,413-1,9607,1985,915
30 Sep 2432,8702,2817,2024,857
30 Jun 2430,5071,9967,3654,337
31 Mar 2432,3463,1336,4843,954
31 Dec 2332,6044,7206,7843,299
30 Sep 2335,1785,3036,6892,964
30 Jun 2341,0587,3937,4082,304
31 Mar 2342,2616,2356,5472,790
31 Dec 2243,6305,3926,1132,808
31 Dec 2132,6084,4225,5412,031

Quality Earnings: A450520 is currently unprofitable.

Growing Profit Margin: A450520 is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: A450520 is unprofitable, and losses have increased over the past 5 years at a rate of 75.2% per year.

Accelerating Growth: Unable to compare A450520's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: A450520 is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (21.7%).


Return on Equity

High ROE: A450520 has a negative Return on Equity (-7.51%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/28 01:38
End of Day Share Price 2026/06/26 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Inswave Co., Ltd. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.