Devsisters Corp
Devsisters Corp maintains a strong liquidity position with a current ratio of 3.98, indicating the ability to cover short-term obligations more than three times over. The company's liquidity_fpt score of 0.84 suggests robust cash flow generation, supported by a free cash flow of KRW 16.83 billion and operating cash flow of KRW 8.30 billion. However, the risk assessment flags a net cash position that is negative after subtracting total debt, signaling potential liquidity constraints if short-term obligations increase. Profitability metrics show a return on equity (ROE) of 6.31% and a return on assets (ROA) of 3.47%, both below the median for the Software industry. The company's operating margin of 2.11% and net margin of 3.55% also lag behind the industry median, indicating less efficient profit generation relative to peers. Gross profit margin of 99.03% is strong, but this is largely due to the high gross profit of KRW 292.77 billion relative to revenue of KRW 295.58 billion. Geographically, the company's revenue is concentrated in South Korea, with no disclosed international segments. This concentration increases exposure to local economic and regulatory conditions. The absence
Business. Devsisters Corp (194480.KQ) is a software company operating within the Technology sector, specifically focused on Software & IT Services. The firm generates revenue through a subscription-based model, aligning with industry standards for tracking metrics such as annual recurring revenue and net revenue retention. Specific details regarding operating segments, headquarters location, and geographic revenue mix are not available in the provided data. The company is listed under the ticker 194480.KQ.
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4 analysts · consensus BuyAt a glance
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- Peers
- EarningsQ2 2026 earnings (expected)2026-07-28 · estimated · ServiceNow (NOW)
- EarningsQ2 2026 earnings (expected)2026-08-28 · estimated · Salesforce (CRM)
- Macro
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-07-08 · AU
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- Rate decisionEuropean Central Bank rate decision (press conf.)2026-07-16 · EU
- Rate decisionBank of Japan rate decision (press conf.)2026-07-16 · JP
- Rate decisionFederal Reserve rate decision (press conf.)2026-07-29 · US
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
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Synthesis
Devsisters Corp (194480.KQ) is a software company operating within the Technology sector, specifically focused on Software & IT Services. The firm generates revenue through a subscription-based model, aligning with industry standards for tracking metrics such as annual recurring revenue and net revenue retention. Specific details regarding operating segments, headquarters location, and geographic revenue mix are not available in the provided data. The company is listed under the ticker 194480.KQ.
Devsisters Corp maintains a strong liquidity position with a current ratio of 3.98, indicating the ability to cover short-term obligations more than three times over. The company's liquidity_fpt score of 0.84 suggests robust cash flow generation, supported by a free cash flow of KRW 16.83 billion and operating cash flow of KRW 8.30 billion. However, the risk assessment flags a net cash position that is negative after subtracting total debt, signaling potential liquidity constraints if short-term obligations increase.
Profitability metrics show a return on equity (ROE) of 6.31% and a return on assets (ROA) of 3.47%, both below the median for the Software industry. The company's operating margin of 2.11% and net margin of 3.55% also lag behind the industry median, indicating less efficient profit generation relative to peers. Gross profit margin of 99.03% is strong, but this is largely due to the high gross profit of KRW 292.77 billion relative to revenue of KRW 295.58 billion.
Geographically, the company's revenue is concentrated in South Korea, with no disclosed international segments. This concentration increases exposure to local economic and regulatory conditions. The absence of segment disclosures beyond this suggests limited diversification in product lines or geographic markets.
Looking ahead, the company is projected to grow revenue by 12.4% in the current fiscal year and 8.7% in the next, based on analyst estimates. These growth rates are in line with the industry median but suggest a slowing trend. The capital expenditure of KRW -3.87 billion indicates a reduction in investment, which may signal a focus on cost control or a shift in strategic priorities.
The risk assessment highlights a medium liquidity risk and a low dilution risk. The company's debt-to-equity ratio of 0.32 is relatively low, but the negative net cash position after debt suggests potential refinancing needs. No dilution sources were identified in the latest filings, and the dilution potential remains low.
Recent events include the release of the financial snapshot for the latest fiscal period, which shows a net income of KRW 10.49 billion and total assets of KRW 302.73 billion. No significant regulatory or operational events were disclosed in the latest filings, and the company's credit risk is assessed as low.
- Devsisters Corp has strong liquidity but faces potential refinancing needs due to a negative net cash position after debt.
- Profitability metrics are below industry medians, indicating less efficient profit generation.
- Revenue is concentrated in South Korea, increasing exposure to local economic and regulatory conditions.
- Analysts project moderate revenue growth, with a mean price target of KRW 45,000.
- The company has low dilution risk and a low credit risk profile.
Bull / Bear case
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Predictor forecast
| Metric | Our forecast | Guidance | Consensus |
|---|---|---|---|
| EPS | —no estimate | —no estimate | 2 606,00 |
| Revenue | —no estimate | —no estimate | 352,2B KRW |
| Operating income | —no estimate | —no estimate | 31,8B KRW |
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- Net cash is negative after subtracting total debt.
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- Devsisters Corp Market data — financials · 2026-05-26
- Devsisters Corp Market data — analyst estimates · 2026-05-26