Valuation Update With 7 Day Price Move • Jun 02
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₩2,395, the stock trades at a trailing P/E ratio of 23.2x. Average trailing P/E is 10x in the Professional Services industry in South Korea. Total loss to shareholders of 83% over the past three years. New Risk • May 31
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 30% 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. Market cap is less than US$100m (₩23.6b market cap, or US$15.6m). Buy Or Sell Opportunity • May 28
Now 20% overvalued Over the last 90 days, the stock has fallen 26% to ₩2,765. The fair value is estimated to be ₩2,304, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Meanwhile, the company has become profitable. Valuation Update With 7 Day Price Move • May 19
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₩3,160, the stock trades at a trailing P/E ratio of 22.1x. Average trailing P/E is 11x in the Professional Services industry in South Korea. Total loss to shareholders of 78% over the past three years. Duyuru • Mar 17
Wantedlab, Inc., Annual General Meeting, Mar 31, 2026 Wantedlab, Inc., Annual General Meeting, Mar 31, 2026, at 09:01 Tokyo Standard Time. Location: conference room, 300, olympic-ro, songpa-gu, seoul South Korea Buy Or Sell Opportunity • Apr 30
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 3.7% to ₩7,570. The fair value is estimated to be ₩6,204, 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. Meanwhile, the company became loss making. Buy Or Sell Opportunity • Apr 04
Now 30% overvalued after recent price rise Over the last 90 days, the stock has risen 29% to ₩8,040. The fair value is estimated to be ₩6,194, 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. Meanwhile, the company became loss making. Reported Earnings • Mar 27
Full year 2024 earnings released: ₩139 loss per share (vs ₩155 profit in FY 2023) Full year 2024 results: ₩139 loss per share (down from ₩155 profit in FY 2023). Revenue: ₩36.7b (down 7.4% from FY 2023). Net loss: ₩1.23b (down 188% from profit in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 27 percentage points per year, which is a significant difference in performance. Duyuru • Mar 18
Wantedlab, Inc., Annual General Meeting, Mar 31, 2025 Wantedlab, Inc., Annual General Meeting, Mar 31, 2025, at 09:00 Tokyo Standard Time. Location: conference room, 300, olympic-ro, songpa-gu, seoul South Korea New Risk • Jan 18
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of South Korean stocks, typically moving 13% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (13% average weekly change). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.5% net profit margin). Market cap is less than US$100m (₩63.1b market cap, or US$43.3m). 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). Shareholders have been diluted in the past year (2.3% increase in shares outstanding). Market cap is less than US$100m (₩56.4b market cap, or US$39.3m). New Risk • Dec 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 10% 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 (10% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.5% net profit margin). Shareholders have been diluted in the past year (2.3% increase in shares outstanding). Market cap is less than US$100m (₩67.9b market cap, or US$47.4m). New Risk • Nov 14
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.3% 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: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.7% net profit margin). Shareholders have been diluted in the past year (2.3% increase in shares outstanding). Market cap is less than US$100m (₩37.8b market cap, or US$26.9m). 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 (₩42.8b market cap, or US$32.5m). New Risk • May 27
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 35% 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: Major Risk Revenue has declined by 25% over the past year. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.7% net profit margin). Market cap is less than US$100m (₩62.2b market cap, or US$45.6m). Valuation Update With 7 Day Price Move • Dec 07
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₩10,590, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 17x in the Professional Services industry in Asia. Total loss to shareholders of 20% over the past year. Valuation Update With 7 Day Price Move • Nov 20
Investor sentiment improves as stock rises 32% After last week's 32% share price gain to ₩11,450, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 7x in the Professional Services industry in South Korea. Total loss to shareholders of 18% over the past year. Valuation Update With 7 Day Price Move • Oct 20
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₩9,640, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 8x in the Professional Services industry in South Korea. Total loss to shareholders of 34% over the past year. Duyuru • Aug 08
Wantedlab, Inc. (KOSDAQ:A376980) announces an Equity Buyback for KRW 5,000 million worth of its shares. Wantedlab, Inc. (KOSDAQ:A376980) announces a share repurchase program. Under the program, the company will repurchase up to KRW 5,000 million worth of its shares, pursuant the contract with Korea Investment & Securities Co., Ltd. The purpose of the program is to enhance shareholder value and stock price stabilization. The program will expire on February 8, 2024. As of August 7, 2023, the company had 362,730 shares in treasury within scope available for dividend and no shares in treasury through other repurchase. Duyuru • May 05
Wantedlab, Inc. to Report Q1, 2023 Results on May 09, 2023 Wantedlab, Inc. announced that they will report Q1, 2023 results on May 09, 2023 Duyuru • Feb 08
Wantedlab, Inc. to Report Fiscal Year 2022 Results on Feb 15, 2023 Wantedlab, Inc. announced that they will report fiscal year 2022 results on Feb 15, 2023 Price Target Changed • Nov 16
Price target decreased to ₩27,000 Down from ₩38,333, the current price target is an average from 3 analysts. New target price is 84% above last closing price of ₩14,650. Stock is down 66% over the past year. The company is forecast to post earnings per share of ₩1,024 for next year compared to ₩405 last year. Valuation Update With 7 Day Price Move • Sep 28
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₩14,750, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 9x in the Professional Services industry in South Korea. Total loss to shareholders of 48% over the past year. Valuation Update With 7 Day Price Move • Jun 16
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₩23,300, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 11x in the Professional Services industry in South Korea.