1. Taiwan, Province of China Stocks

  2. •

    Technology

  3. •

    Software - Infrastructure
91App, Inc.

91App, Inc.

6741.TWO
91App, Inc.TW flagTaipei Exchange
60.00
TWD
-0.10
- -
6.89BMarket Cap
91App, Inc.
6741.TWO
(Taipei Exchange)

Recent

price

60.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
6.67
6.24
8.17
9.54
10.59
11.76
13.71
- -
15.69
Revenue per Share
0.93
0.96
1.92
2.58
2.83
3.37
4.22
- -
4.41
Basic EPS, GAAP
2.41
-1.64
3.51
-2.5
4.69
4.24
3.97
- -
4.83
Free Cash Flow per Basic Share
- -
- -
- -
- -
0.49
0.7
0.95
- -
- -
Dividend per Share
-0.48
5.96
7.88
10.49
12.25
14.76
17.7
- -
20.39
Book Value per Share
6.91
6.1
7.94
20.87
21
23.78
27.5
- -
19.54
Tangible Book Value per Share
80
107
107
115
119
118
118
- -
115
Basic Weighted Avg Shares
531
669
875
1,101
1,263
1,389
1,619
1,807
1,807
Sales/Revenue/Turnover
10.44
17.19
27.86
33.45
32.51
30.48
32.67
32.6
32.6
Operating Margin (%)
9
20
20
23
37
39
39
35
35
Depreciation Expense
74
103
206
298
338
398
498
508
508
Net Income, GAAP
- -
20.24
18.5
20.14
20.56
23.02
19.2
22.15
22.15
Effective Tax Rate (%)
13.89
15.4
23.56
27.11
26.76
28.67
30.74
28.09
28.09
Profit Margin (%)
536
591
736
2,130
2,206
2,205
2,469
1,284
1,284
Working Capital
- -
3
4
11
18
6
29
25
25
LT Debt
563
661
854
2,412
2,510
2,814
3,254
3,190
3,190
Total Equity
- -
14.61
24.88
17.3
12.77
11.79
13.55
13.61
13.61
Return on Invested Capital (%)
- -
33.19
27.15
28.41
24.58
24.27
25.48
22.27
22.27
Return on Capital (%)
- -
- -
27.79
29.03
25.3
24.87
25.98
22.87
22.87
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Jun'25
Sep'25
Dec'25
ST Debt
16
15
28
LT Borrowings
- -
- -
- -
LT Finance Leases
22
20
25
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
115
115
115
Market Capitalization
9,778
9,133
8,522

Working Capital

FRC

•

in mil. unless spec.
Jun'25
Sep'25
Dec'25
Total Current Assets
3,764
3,489
3,150
Cash, Cash Equivalents & STI
3,360
3,070
2,642
Accounts Receivable, Net
86
105
132
Inventories
- -
- -
2
Total Current Liabilities
1,809
1,407
1,867
Payables & Accruals
- -
- -
- -
ST Debt
16
15
28
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
42.43%
-1.98%
Free Cash Flow
- -
-93.64%
18.89%
Net Income, GAAP
- -
20.55%
1.95%
Sales/Revenue/Turnover
- -
15.73%
11.57%
Total Cash Common Dividend
- -
- -
77.9%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
324
325
324
417
1,389
2024
372
384
381
481
1,619
2025
412
423
422
550
1,807

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
0.64
0.84
0.97
- -
3.37
2024
1.02
1
0.88
- -
4.22
2025
1.15
0.82
0.99
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
0.7
2024
- -
- -
- -
- -
0.95
2025
- -
- -
- -
- -
- -
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Business
91App, Inc. 91APP, Inc. (6741.TWO) operates as a cloud-native Software-as-a-Service (SaaS) provider specializing in retail technology solutions, including omnichannel commerce platforms, e-commerce systems, customer relationship management (CRM) tools, marketing clouds, online-merge-offline (OMO) integrations, and data-driven retail media services; it delivers comprehensive turnkey offerings such as Commerce Solution for online stores and apps, OMO Essential, OMO Advanced, and OMO Enterprise packages for physical-digital hybrid operations, 360 TP Operation for digital agency management encompassing website operations, merchandising, marketing, e-commerce platform handling, advertising, order processing, customer service, and data analytics, alongside AI-powered traffic acquisition, personalized marketing, and big data consulting for retail brands pursuing direct-to-consumer (D2C) models. The company targets medium to large retail enterprises, brick-and-mortar owners, mega-chain stores, and e-commerce operators, serving markets in Taiwan, Hong Kong, Malaysia, Japan, and Singapore through its integrated RetailTech, AdTech, and emerging Food and Beverage Technology (F&BTech) platforms. Founded in 2013 and headquartered at 6F., No. 5, Ln. 768, Sec. 4, Bade Rd., Nangang Dist., Taipei City, Taiwan, 91App, Inc. listed on the Taipei Exchange (TPEx) in May 2021 as Taiwan's first publicly traded SaaS entity focused on retail cloud services. In recent developments, the company announces in November 2025 its subsidiary's agreement to acquire 100% of iCHEF Co., Ltd., a leading AI-powered restaurant technology firm, for US$32 million in cash to expand into the F&B sector, enhance AI capabilities, broaden its total addressable market, and integrate POS systems, reservation tools, QR code ordering, loyalty management, and sales analytics serving over 15,000 locations; this follows prior expansions via a Hong Kong startup acquisition for overseas presence, Malaysian partnerships for Southeast Asia growth, exclusive collaboration with Japan's Adastria Group in June 2025 to launch STAFF BOARD in Taiwan, strategic alliance with Dentsu Group in March 2025 for retail media innovation, and partnership with FLAPS in June 2025 to accelerate OMO for retail brands, alongside consistent monthly revenue records in 2025 driven by D2C momentum and retail AI advancements, culminating in record 2024 revenue of NT$1.619 billion and a proposed dividend of NT$1.69 per share.