Rsupport Co Ltd

Rsupport maintains a strong liquidity position with KRW 20,916,506,010 in cash and equivalents, supporting a current ratio of 2.52. The company's price-to-book ratio of 1.16 and debt-to-equity ratio of 0.06 indicate a conservative capital structure with minimal leverage.

Profitability metrics show a return on equity of 1.14% and return on assets of 0.98%, both below the industry median for software firms, suggesting room for improvement in asset utilization and shareholder returns. Operating income of KRW 586,771,310 and net income of KRW 1,055,325,320 reflect a stable but modestly growing business.

The company's revenue is concentrated in a single business segment, with no disclosed geographic diversification, indicating potential exposure to regional economic shifts. No material revenue concentration by geography is reported, but the lack of segmental breakdown limits visibility into geographic risk.

Looking ahead, revenue is expected to grow by 0.0% in the current fiscal year and 0.0% in the next, based on analyst estimates and historical performance. Free cash flow has turned negative at KRW -4,374,704,230, driven by capital expenditures of KRW -5,730,533,560, signaling increased investment in growth initiatives.

Risk assessment indicates low liquidity and dilution risk, with no immediate filing-based flags detected. The company's low debt load and strong cash position reduce financial distress risk. No dilution pressure is expected in the near term, with shares outstanding unchanged between basic and diluted counts.

Recent filings and transcripts do not disclose material events or strategic shifts, suggesting operational stability. The company's capital allocation strategy remains focused on maintaining liquidity and funding operations.

Operating margin of 5.8% significantly exceeds the software cohort median of 1.8%, indicating superior profitability relative to peers.

Free cash flow surged 343.6% year-over-year to 18.5 billion KRW, marking a significant improvement in cash generation.

Net income grew 1,277.2% year-over-year, reflecting a dramatic acceleration in profitability compared to the prior period.

The company maintains low dilution, liquidity, and credit risk levels, suggesting a stable financial foundation with minimal immediate threats.

Return on equity of 1.1% trails the software cohort median of 2.8%, indicating inefficient use of shareholder capital.

Return on assets of 0.98% is low, suggesting the company generates minimal profit relative to its total asset base.

Cash conversion ratio of 0.5 is below the software cohort median of 0.92, highlighting weaker cash generation efficiency.

Revenue CAGR of 1.9% over four years is modest, suggesting limited top-line growth momentum despite recent profit spikes.

Revenue KRW 11.28B, −9,9% YoY; Operating income −163,6% YoY.

• ▍Revenue KRW 11.28B, −9,9% YoY
• ▍Operating income −163,6% YoY
• ▍Net income −321,0% YoY
• ▍Free cash flow +96,1% YoY
• ▍Net margin -9.4%

Revenue KRW 10.79B, +4,9% YoY; Operating income −15 441,5% YoY.

• ▍Revenue KRW 10.79B, +4,9% YoY
• ▍Operating income −15 441,5% YoY
• ▍Net income −824,4% YoY
• ▍Free cash flow +92,9% YoY
• ▍Net margin -8.5%

Revenue KRW 15.83B, +8,6% YoY; Operating income +17,4% YoY.

• ▍Revenue KRW 15.83B, +8,6% YoY
• ▍Operating income +17,4% YoY
• ▍Net income +57,8% YoY
• ▍Free cash flow +716,1% YoY
• ▍Net margin 23.3%

Revenue KRW 10.94B, +8,0% YoY; Operating income −31,7% YoY.

• ▍Revenue KRW 10.94B, +8,0% YoY
• ▍Operating income −31,7% YoY
• ▍Net income −92,6% YoY
• ▍Free cash flow +119,2% YoY
• ▍Net margin 0.7%

Revenue KRW 12.52B; Operating income -KRW 465.8M.

• ▍Revenue KRW 12.52B
• ▍Operating income -KRW 465.8M
• ▍Net margin -2.0%

Revenue KRW 10.29B; Operating income -KRW 6.2M.

• ▍Revenue KRW 10.29B
• ▍Operating income -KRW 6.2M
• ▍Net margin -1.0%

Revenue KRW 14.59B; Operating income KRW 3.56B.

• ▍Revenue KRW 14.59B
• ▍Operating income KRW 3.56B
• ▍Net margin 16.0%

Revenue KRW 10.13B; Operating income KRW 586.8M.

• ▍Revenue KRW 10.13B
• ▍Operating income KRW 586.8M
• ▍Net margin 10.4%

Revenue KRW 48.85B, +2,8% YoY; Operating income −34,9% YoY.

• ▍Revenue KRW 48.85B, +2,8% YoY
• ▍Operating income −34,9% YoY
• ▍Net income −41,4% YoY
• ▍Free cash flow +126,2% YoY
• ▍Net margin 3.6%

Revenue KRW 47.53B, −5,7% YoY; Operating income −53,6% YoY.

• ▍Revenue KRW 47.53B, −5,7% YoY
• ▍Operating income −53,6% YoY
• ▍Net income −58,2% YoY
• ▍Free cash flow +4,3% YoY
• ▍Net margin 6.4%

Revenue KRW 50.41B, +3,7% YoY; Operating income +9,3% YoY.

• ▍Revenue KRW 50.41B, +3,7% YoY
• ▍Operating income +9,3% YoY
• ▍Net income +73,0% YoY
• ▍Free cash flow −203,4% YoY
• ▍Net margin 14.4%

Revenue KRW 48.60B, −7,4% YoY; Operating income −58,5% YoY.

• ▍Revenue KRW 48.60B, −7,4% YoY
• ▍Operating income −58,5% YoY
• ▍Net income −82,9% YoY
• ▍Free cash flow −129,6% YoY
• ▍Net margin 8.6%