Duyuru • Mar 17
STACO LINK Co., Ltd., Annual General Meeting, Mar 31, 2026 STACO LINK Co., Ltd., Annual General Meeting, Mar 31, 2026, at 12:00 Tokyo Standard Time. Location: conference room, 133, anyang-ro, manan-gu, gyeonggi-do, anyang South Korea Duyuru • Mar 10
STACO LINK Co., Ltd. announced that it expects to receive KRW 3.9999992 billion in funding STACO LINK Co., Ltd. announced private placement of 2,186,987 common shares at an issue price of KRW 1,829 for gross proceeds of KRW 3,999,999,223 on March 9, 2026. The transaction includes participation from Ship Equipment Mutual Growth Fund. The common shares have a lock up period for 1 year. The company will issue shares by third party allotment. The transaction is approved by board of directors of the company and is expected to close on April 15, 2026. Reported Earnings • Apr 11
Full year 2024 earnings released: ₩811 loss per share (vs ₩471 loss in FY 2023) Full year 2024 results: ₩811 loss per share (further deteriorated from ₩471 loss in FY 2023). Revenue: ₩13.7b (up 32% from FY 2023). Net loss: ₩25.6b (loss widened 120% from FY 2023). Board Change • Mar 24
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. 6 experienced directors. No highly experienced directors. 2 independent directors (4 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. Duyuru • Mar 18
STACO LINK Co., Ltd., Annual General Meeting, Mar 31, 2025 STACO LINK Co., Ltd., Annual General Meeting, Mar 31, 2025, at 11:00 Tokyo Standard Time. Location: conference room, 133, anyang-ro, manan-gu, gyeonggi-do, anyang South Korea Duyuru • Feb 25
STACO LINK Co., Ltd. announced that it expects to receive KRW 8.00000198 billion in funding STACO LINK Co., Ltd. announced a private placement to issue 1,900,238 common shares at a price of KRW 4,210 for gross proceeds of KRW 8,000,001,980 on February 24, 2025 . The transaction includes participation from SH Investment Fund No. 1. The transaction has been approved by the board of directors of the company. The payment date of the transaction is March 11, 2025. The offering is subject to 1 year of lockup. The company will issue shares of par value of KRW 500 per share through third party allocation capital increase method. 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 Risks No financial data reported. Share price has been highly volatile over the past 3 months (16% average weekly change). Minor Risks Shareholders have been diluted in the past year (28% increase in shares outstanding). Market cap is less than US$100m (₩15.3b market cap, or US$10.7m). Duyuru • Dec 13
STACO LINK Co., Ltd. announced that it has received KRW 2.2 billion in funding from Yukon Partners Co., Ltd. STACO LINK Co., Ltd. announced a private placement to issue Zero Coupon Series 9 Anonymous Non-Guaranteed Private Equity Perpetual Convertible Bonds due December 11, 2054 for the gross proceeds of KRW 2,200,000,000 on December 11, 2024. The transaction will include participation from returning investor Yukon Partners Co., Ltd. for KRW 2,200,000,000. The transaction has been approved by the board of directors of the company. The payment date of the transaction is December 11, 2024. The bonds bears zero coupon rate, and 2% maturity rate and matures on December 11, 2054. The bonds will 100% convertible into 4,400,000 shares at a fixed conversion price of KRW 500 from December 11, 2025 to November 11, 2054. The issuance is subject to prohibition on exercise and division of rights for 1 year through private placement. New Risk • Dec 09
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 12% 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 Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 36% per year over the past 5 years. Market cap is less than US$10m (₩10.5b market cap, or US$7.31m). Minor Risk Shareholders have been diluted in the past year (28% increase in shares outstanding). New Risk • Dec 07
New major risk - Financial data availability The company's latest financial reports are more than a year old. Last reported fiscal period ended September 2013. This is considered a major risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported September 2013 fiscal period end). High level of non-cash earnings (85% accrual ratio). Market cap is less than US$10m (₩13.0b market cap, or US$9.16m). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Shareholders have been diluted in the past year (28% increase in shares outstanding). New Risk • Nov 19
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₩13.6b (US$9.77m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 42% per year over the past 5 years. Market cap is less than US$10m (₩13.6b market cap, or US$9.77m). Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Shareholders have been diluted in the past year (28% increase in shares outstanding). Revenue is less than US$5m (₩5.9b revenue, or US$4.2m). Reported Earnings • Aug 17
Second quarter 2024 earnings released: ₩132 loss per share (vs ₩91.00 loss in 2Q 2023) Second quarter 2024 results: ₩132 loss per share (further deteriorated from ₩91.00 loss in 2Q 2023). Revenue: ₩806.9m (down 64% from 2Q 2023). Net loss: ₩4.00b (loss widened 79% from 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has fallen by 41% per year, which means it is performing significantly worse than earnings. Duyuru • Jul 06
Longtu Korea Inc. announced that it has received KRW 14.001000503 billion in funding from ISE Commerce Company Limited and another investor On July 5, 2024, Longtu Korea Inc. closed the transaction. The company announced that it has issued 3% Series 6 Bearer Interest Unsecured Private Placement Convertible Debentures due July 5, 2027 for the gross proceeds of KRW 5,001,000,000 in second and final tranche. The transaction included participation from new investor ISE Commerce Company Limited for KRW 5,001,000,000. The bonds bear 3% coupon rate, 5% maturity rate and matures on July 5, 2027. The bonds are 100% convertible into 3,780,045 shares at a fixed conversion price of KRW 1,323 from July 5, 2025 to June 4, 2027. The transaction has been approved by shareholders and is expected to close on July 5, 2024. The securities are restricted to a hold period. New Risk • Jun 09
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 23% 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: Major Risk Earnings have declined by 47% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Shareholders have been diluted in the past year (23% increase in shares outstanding). Market cap is less than US$100m (₩43.1b market cap, or US$31.2m). Reported Earnings • May 19
First quarter 2024 earnings released: ₩48.00 loss per share (vs ₩59.00 loss in 1Q 2023) First quarter 2024 results: ₩48.00 loss per share (improved from ₩59.00 loss in 1Q 2023). Revenue: ₩1.05b (down 75% from 1Q 2023). Net loss: ₩1.20b (loss narrowed 18% from 1Q 2023). 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 38% per year, which means it has not declined as severely as earnings. New Risk • Mar 28
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 8.3% 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 Risks Less than 1 year of cash runway based on free cash flow trend (-₩4.6b free cash flow). Earnings have declined by 53% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.3% average weekly change). Market cap is less than US$100m (₩46.7b market cap, or US$34.6m). Reported Earnings • Mar 26
Full year 2023 earnings released: ₩471 loss per share (vs ₩1,140 loss in FY 2022) Full year 2023 results: ₩471 loss per share (improved from ₩1,140 loss in FY 2022). Revenue: ₩10.4b (down 64% from FY 2022). Net loss: ₩11.6b (loss narrowed 59% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 29 percentage points per year, which is a significant difference in performance. 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. 6 experienced directors. No highly experienced directors. 2 independent directors (4 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. 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. 6 experienced directors. No highly experienced directors. 2 independent directors (4 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. Duyuru • Apr 01
Tigon Mobile Announces First MMORPG of Yulgang Tigon Mobile, a subsidiary of Longtu Korea's mobile MMORPG 'Yulgang Global' officially launched on the global market at 1st April.Martial arts comic IP 'Yul-hyul Kangho', which is the based on 'Yulgang Global' that recorded more than 5 million global pre-registration right before the release, has records of over 6 million global martial arts publications, 7 million paid digital downloads, and 1 billion paid subscriptions. 'Yulgang Global' is a game that added a payment method called Tigon Token (TIG) to 'Yul-hyul Kangho for kakao', which Longtu Korea recorded 3rd place in Google Play sales and 1st place in One Store sales at the time of its launch in year 2017. The game industry is paying attention to the future performance of 'Yulgang Global', which has a solid player base. 'Yulgang Global' applied 'Tigon Token (TIG)', a utility token of the WEMIX platform, and P2E currency Crystal. From now on, Tigon Token (TIG) is a standard currency that will be used in P2E games based on the WEMIX platform released by Longtu Korea and Tigon Mobile. Longtu Korea and its subsidiary Tigon Mobile are expected to accelerate on launching P2E games based on the WEMIX platform later on, starting with the launch of 'Yulgang Global'. Valuation Update With 7 Day Price Move • Apr 25
Investor sentiment deteriorated over the past week After last week's 20% share price decline to ₩6,410, the stock trades at a trailing P/E ratio of 56.7x. Average trailing P/E is 21x in the Consumer Services industry in South Korea. Total returns to shareholders of 2.7% over the past three years. Valuation Update With 7 Day Price Move • Apr 02
Investor sentiment improved over the past week After last week's 19% share price gain to ₩6,450, the stock trades at a trailing P/E ratio of 57.1x. Average trailing P/E is 20x in the Consumer Services industry in South Korea. Total returns to shareholders of 13% over the past three years. Is New 90 Day High Low • Jan 26
New 90-day high: ₩5,700 The company is up 16% from its price of ₩4,900 on 28 October 2020. The South Korean market is up 36% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Consumer Services industry, which is up 7.0% over the same period. Is New 90 Day High Low • Dec 14
New 90-day low: ₩4,760 The company is down 16% from its price of ₩5,670 on 15 September 2020. The South Korean market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Services industry, which is up 6.0% over the same period. Reported Earnings • Nov 19
Third quarter 2020 earnings released: EPS ₩4.00 The company reported a decent third quarter result with improved revenues, although earnings and profit margins were weaker. Third quarter 2020 results: Revenue: ₩16.3b (up 107% from 3Q 2019). Net income: ₩99.7m (down 90% from 3Q 2019). Profit margin: 0.6% (down from 12% in 3Q 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Oct 26
New 90-day low: ₩4,965 The company is down 5.0% from its price of ₩5,220 on 28 July 2020. The South Korean market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Services industry, which is up 5.0% over the same period.