Obigo Inc

Obigo Inc has a strong liquidity position, as evidenced by a current ratio of 18.7, indicating that the company holds significantly more current assets than current liabilities. The company's cash and equivalents amount to KRW 1,624,194,470, and its liquidity FPT (free cash flow to total assets) is not a constraint at this time. The price-to-book ratio of 1.89 suggests that the market values the company at a premium to its book value, which is in line with the typical valuation of software firms.

The company's profitability is currently negative, with a net income of -KRW 306,979,910 and an operating income of -KRW 632,796,590. Return on equity (ROE) is -0.84%, and return on assets (ROA) is -0.75%, both of which are below the typical performance metrics for the software industry. These figures indicate that the company is not generating returns for its shareholders or effectively utilizing its assets.

Obigo Inc's revenue is not segmented by product or geographic region in the available data, so it is not possible to determine the concentration of revenue across different segments or regions. However, the absence of disclosed geographic or product diversification may suggest a concentration risk that could affect the company's resilience to market changes.

The company's growth trajectory is not clearly defined in the available data, as there are no specific revenue growth projections or historical growth rates provided. The operating cash flow is negative at -KRW 39,996,090, and the free cash flow is also negative at -KRW 126,696,380, which may indicate that the company is investing in long-term growth or facing operational challenges.

The risk assessment for Obigo Inc indicates a low level of liquidity and dilution risk. There are no immediate filing-based liquidity or dilution flags, and the company's debt-to-equity ratio is 0.04, suggesting a conservative capital structure with minimal leverage. The company has not disclosed any dilution sources in recent filings, and there is no indication of near-term dilution pressure.

There are no recent events or filings disclosed in the available data that would provide insight into Obigo Inc's strategic direction or operational performance. The absence of recent transcripts or filings may limit the ability to assess the company's current business outlook or management commentary.

Revenue surged 337.9% year-over-year to 33.5 billion KRW, demonstrating significant top-line growth momentum.

The company generated a positive gross profit of 14.8 billion KRW, indicating underlying profitability before operating expenses.

Net income improved by 67.7% year-over-year, showing a substantial reduction in losses compared to the prior period.

Free cash flow improved by 79.2% year-over-year, suggesting better cash generation capabilities despite remaining negative.

The debt-to-equity ratio of 0.04 is above the software cohort median, indicating a conservative leverage position.

The company faces high credit risk, signaling potential difficulties in meeting financial obligations or securing financing.

Free cash flow remains negative at -1.4 billion KRW, requiring external funding to sustain operations and growth.

Revenue KRW 14.42B, −4,3% YoY; Operating income −402,0% YoY.

• ▍Revenue KRW 14.42B, −4,3% YoY
• ▍Operating income −402,0% YoY
• ▍Net income −517,1% YoY
• ▍Free cash flow −232,0% YoY
• ▍Net margin -11.6%

Revenue KRW 15.07B, +37,0% YoY; Operating income +81,0% YoY.

• ▍Revenue KRW 15.07B, +37,0% YoY
• ▍Operating income +81,0% YoY
• ▍Net income +115,7% YoY
• ▍Free cash flow +132,1% YoY
• ▍Net margin 2.6%

Revenue KRW 11.00B, +43,7% YoY; Operating income +52,8% YoY.

• ▍Revenue KRW 11.00B, +43,7% YoY
• ▍Operating income +52,8% YoY
• ▍Net income +57,7% YoY
• ▍Free cash flow +62,9% YoY
• ▍Net margin -23.1%