Buy Or Sell Opportunity • Jun 02
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 27% to ₩2,020. The fair value is estimated to be ₩2,543, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 34% over the last 3 years. Earnings per share has declined by 12%. Board Change • May 07
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. No independent directors (5 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: Lack of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Mar 31
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₩521, the stock trades at a trailing P/E ratio of 8.8x. Average trailing P/E is 15x in the Software industry in South Korea. Total loss to shareholders of 36% over the past three years. Duyuru • Mar 06
WIZ CORP, Inc., Annual General Meeting, Mar 26, 2026 WIZ CORP, Inc., Annual General Meeting, Mar 26, 2026, at 09:00 Tokyo Standard Time. Location: conference room, 429, bongeunsa-ro, gangnam-gu, seoul South Korea Reported Earnings • Nov 14
Third quarter 2025 earnings released: EPS: ₩30.00 (vs ₩11.00 in 3Q 2024) Third quarter 2025 results: EPS: ₩30.00 (up from ₩11.00 in 3Q 2024). Revenue: ₩30.1b (up 7.7% from 3Q 2024). Net income: ₩2.19b (up 228% from 3Q 2024). Profit margin: 7.3% (up from 2.4% 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 14% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 19
Second quarter 2025 earnings released: EPS: ₩15.00 (vs ₩1.10 in 2Q 2024) Second quarter 2025 results: EPS: ₩15.00 (up from ₩1.10 in 2Q 2024). Revenue: ₩27.6b (up 11% from 2Q 2024). Net income: ₩1.07b (up ₩1.00b from 2Q 2024). Profit margin: 3.9% (up from 0.3% in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has fallen by 18% per year, which means it is performing significantly worse than earnings. Reported Earnings • Mar 22
Full year 2024 earnings released: EPS: ₩5.50 (vs ₩23.00 in FY 2023) Full year 2024 results: EPS: ₩5.50 (down from ₩23.00 in FY 2023). Revenue: ₩104.7b (up 87% from FY 2023). Net income: ₩345.1m (down 76% from FY 2023). Profit margin: 0.3% (down from 2.6% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings. Duyuru • Feb 28
WIZ CORP, Inc., Annual General Meeting, Mar 26, 2025 WIZ CORP, Inc., Annual General Meeting, Mar 26, 2025, at 09:00 Tokyo Standard Time. Location: conference room, 429, bongeunsa-ro, gangnam-gu, seoul South Korea New Risk • Jan 01
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.7% 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 Share price has been volatile over the past 3 months (10% average weekly change). Profit margins are more than 30% lower than last year (1.7% net profit margin). Shareholders have been diluted in the past year (5.7% increase in shares outstanding). Market cap is less than US$100m (₩49.8b market cap, or US$33.8m). 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 9.8% 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 (9.8% average weekly change). Profit margins are more than 30% lower than last year (1.7% net profit margin). Market cap is less than US$100m (₩51.7b market cap, or US$36.1m). Valuation Update With 7 Day Price Move • Dec 11
Investor sentiment improves as stock rises 38% After last week's 38% share price gain to ₩822, the stock trades at a trailing P/E ratio of 31.2x. Average trailing P/E is 16x in the Software industry in South Korea. Total loss to shareholders of 68% over the past three years. Reported Earnings • Nov 20
Third quarter 2024 earnings released: EPS: ₩11.00 (vs ₩21.00 loss in 3Q 2023) Third quarter 2024 results: EPS: ₩11.00 (up from ₩21.00 loss in 3Q 2023). Revenue: ₩27.9b (up 146% from 3Q 2023). Net income: ₩668.3m (up ₩2.01b from 3Q 2023). Profit margin: 2.4% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has fallen by 41% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₩585, the stock trades at a trailing P/E ratio of 47.8x. Average trailing P/E is 15x in the Software industry in South Korea. Total loss to shareholders of 80% over the past three years. Reported Earnings • Mar 26
Full year 2023 earnings released: EPS: ₩23.00 (vs ₩69.46 in FY 2022) Full year 2023 results: EPS: ₩23.00 (down from ₩69.46 in FY 2022). Revenue: ₩56.1b (up 36% from FY 2022). Net income: ₩1.43b (down 67% from FY 2022). Profit margin: 2.6% (down from 11% in FY 2022). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. New Risk • Aug 25
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 21% 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 (₩54.0b market cap, or US$40.9m). Duyuru • Aug 05
WIZ CORP, Inc. (KOSDAQ:A038620) acquired 85% stake in DREAMONESYS on KRW 1.4 billion. WIZ CORP, Inc. (KOSDAQ:A038620) acquired 85% stake in DREAMONESYS on KRW 1.4 billion on August 4, 2023.WIZ CORP, Inc. (KOSDAQ:A038620) completed the acquisition of 85% stake in DREAMONESYS on August 4, 2023. Duyuru • Jun 08
WIZ CORP, Inc. announced that it has received KRW 10.5 billion in funding from Kospol Co., Ltd., Makus Investment Co., Ltd., Fine M-Tec CO.,LTD. On June 7, 2023, WIZ CORP, Inc. closed the transaction. Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. No independent directors (5 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: Lack of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Sep 26
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₩835, the stock trades at a trailing P/E ratio of 30.6x. Average trailing P/E is 14x in the Software industry in South Korea. Total returns to shareholders of 18% over the past three years. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. No independent directors (5 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: Lack of independent directors. Insufficient board refreshment. Upcoming Dividend • Dec 22
Upcoming dividend of ₩12.70 per share Eligible shareholders must have bought the stock before 29 December 2021. Payment date: 25 April 2022. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 0.5%. Lower than top quartile of South Korean dividend payers (2.4%). Lower than average of industry peers (1.0%). Valuation Update With 7 Day Price Move • Aug 11
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₩2,830, the stock trades at a trailing P/E ratio of 39.1x. Average trailing P/E is 23x in the Software industry in South Korea. Total returns to shareholders of 308% over the past three years. Valuation Update With 7 Day Price Move • Jul 27
Investor sentiment improved over the past week After last week's 18% share price gain to ₩3,625, the stock trades at a trailing P/E ratio of 50.1x. Average trailing P/E is 24x in the Software industry in South Korea. Total returns to shareholders of 431% over the past three years. Valuation Update With 7 Day Price Move • Jul 08
Investor sentiment deteriorated over the past week After last week's 19% share price decline to ₩3,635, the stock trades at a trailing P/E ratio of 50.2x. Average trailing P/E is 26x in the Software industry in South Korea. Total returns to shareholders of 400% over the past three years. Valuation Update With 7 Day Price Move • Jun 17
Investor sentiment improved over the past week After last week's 17% share price gain to ₩6,960, the stock trades at a trailing P/E ratio of 64.1x. Average trailing P/E is 22x in the Software industry in South Korea. Total returns to shareholders of 504% over the past three years. Valuation Update With 7 Day Price Move • May 30
Investor sentiment improved over the past week After last week's 19% share price gain to ₩6,850, the stock trades at a trailing P/E ratio of 62.6x. Average trailing P/E is 24x in the Software industry in South Korea. Total returns to shareholders of 457% over the past three years. Valuation Update With 7 Day Price Move • May 07
Investor sentiment improved over the past week After last week's 36% share price gain to ₩5,660, the stock trades at a trailing P/E ratio of 74.6x. Average trailing P/E is 22x in the Software industry in South Korea. Total returns to shareholders of 332% over the past three years. Valuation Update With 7 Day Price Move • Apr 13
Investor sentiment improved over the past week After last week's 36% share price gain to ₩2,145, the stock trades at a trailing P/E ratio of 26.8x. Average trailing P/E is 23x in the Software industry in South Korea. Total returns to shareholders of 77% over the past three years. Is New 90 Day High Low • Feb 17
New 90-day high: ₩1,555 The company is up 40% from its price of ₩1,114 on 19 November 2020. The South Korean market is up 22% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 14% over the same period. Is New 90 Day High Low • Jan 20
New 90-day high: ₩1,505 The company is up 39% from its price of ₩1,081 on 22 October 2020. The South Korean market is up 28% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 11% over the same period. Valuation Update With 7 Day Price Move • Dec 21
Investor sentiment improved over the past week After last week's 19% share price gain to ₩1,510, the stock is trading at a trailing P/E ratio of 16.4x, up from the previous P/E ratio of 13.8x. This compares to an average P/E of 22x in the Software industry in South Korea. Total returns to shareholders over the past three years are 7.8%. Valuation Update With 7 Day Price Move • Dec 16
Investor sentiment improved over the past week After last week's 16% share price gain to ₩1,410, the stock is trading at a trailing P/E ratio of 15.3x, up from the previous P/E ratio of 13.2x. This compares to an average P/E of 22x in the Software industry in South Korea. Total returns to shareholders over the past three years are 7.5%. Is New 90 Day High Low • Dec 01
New 90-day high: ₩1,240 The company is up 31% from its price of ₩944 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. Valuation Update With 7 Day Price Move • Oct 16
Market bids up stock over the past week After last week's 18% share price gain to ₩1,235, the stock is trading at a trailing P/E ratio of 49.7x, up from the previous P/E ratio of 42.3x. This compares to an average P/E of 25x in the Software industry in South Korea. Total returns to shareholders over the past three years are 5.8%. Is New 90 Day High Low • Oct 16
New 90-day high: ₩1,235 The company is up 16% from its price of ₩1,065 on 17 July 2020. The South Korean market is up 8.0% 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. Duyuru • Jul 23
WIZ CORP, Inc. announced that it has received KRW 3.4 billion in funding from MAKUS, Inc., Justin Investment Co.,Ltd. On July 22, 2020, WIZ CORP, Inc. (KOSDAQ:A038620) closed the transaction. Duyuru • Jul 22
WIZ CORP, Inc. announced that it expects to receive KRW 3.4 billion in funding from MAKUS, Inc., Justin Investment Co.,Ltd. WIZ CORP, Inc. (KOSDAQ:A038620) announced a private placement of round 1 non-guaranteed private equity convertible bonds for gross proceeds of KRW 3,400,000,000 on July 20, 2020. The transaction will include participation from new investors MAKUS, Inc. (KOSDAQ:A093520) for KRW 1,900,000,000 and Justin Investment Co.,Ltd. for KRW 1,500,000,000. The surface interest rate and interest rate would be 2%. The interest payment date are July 22, 2021, July 22, 2022, July 22, 2023, July 22, 2024, and July 22, 2025. The bond will be converted into 2,972,027 shares at the conversion price of KRW 1,144. The conversion period will start from July 22, 2021 to June 22, 2025. The transaction has been approved by the board of directors of the company. The subscription date and payment date would be July 22, 2020.