RaonSecure Co., Ltd.

RaonSecure Co., Ltd.

KKRX:042510
16,900.00
KRW
-450.00
(-2.59%)
392.68EPS
21.94P/E
91.09BMarket Cap
Nov 18Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
2,717.28
1,769.83
1,984.57
2,641.73
3,350.94
3,866.44
4,804.37
5,716.95
5,647.96
6,038.21
6,474.08
28,927.08
5,900.02
5,763.51
Basic EPS, GAAP
-70
-230
110
270
530
585
330
-1,550
-855
860
520
1,860
313
384.2
Free Cash Flow per Basic Share
86.69
-254.14
251.18
370.24
274.9
372.85
90.54
-246.44
290.79
931.64
704.5
-414.25
535.08
599.89
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
1,785.11
1,573.8
1,682.27
1,950.6
2,483.31
3,066.06
3,409.77
4,179.96
4,025.91
4,914.12
4,264.56
4,653.42
4,975.36
4,787.47
Tangible Book Value per Share
1,463.25
1,248.1
1,305.53
1,596.93
2,127.45
2,734.3
2,951.59
3,711.24
3,798.83
4,755.87
3,995.01
4,417.71
4,686.38
4,592.4
Basic Weighted Avg Shares
6
6
6
6
6
6
6
6
8
8
8
2
11
11
Sales/Revenue/Turnover
16,470
11,217
12,450
16,702
21,241
24,610
30,443
37,151
43,350
46,823
51,841
62,493
63,751
62,283
Operating Margin (%)
-10.26
-24.41
6.11
11.46
15.64
16.35
6.97
-9.49
-2.28
9.16
-3.19
3.15
4.36
6.01
Depreciation Expense
384
505
543
656
741
607
1,354
2,373
2,399
2,350
3,188
3,449
3,440
3,498
Net Income, GAAP
-424
-1,458
690
1,707
3,360
3,724
2,091
-10,073
-6,562
6,669
4,164
4,018
3,382
4,152
Effective Tax Rate (%)
- -
- -
19.56
10.95
- -
5.1
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-2.58
-13
5.54
10.22
15.82
15.13
6.87
-27.11
-15.14
14.24
8.03
6.43
5.31
6.67
Working Capital
6,690
4,391
5,333
5,648
10,257
13,945
26,991
21,106
44,315
25,196
12,780
22,484
20,290
18,597
LT Debt
- -
550
550
367
183
- -
14,588
863
20,586
115
7,032
5,608
3,199
3,109
Total Equity
11,220
10,012
10,702
12,410
15,970
20,279
22,857
34,274
36,103
45,095
45,885
50,476
54,097
52,117
Return on Invested Capital (%)
- -
- -
5.96
14.3
- -
21.77
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
6.07
13.17
- -
19.93
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
-3.82
-13.73
6.66
14.77
23.82
21.09
10.15
-38.05
-21.04
19.29
9.9
8.33
6.5
8.37

Capital Structure

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
3,670
4,025
2,828
LT Borrowings
350
- -
- -
LT Finance Leases
3,746
3,199
3,109
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
11
11
11
Market Capitalization
120,269
98,441
91,093

Working Capital

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
31,210
36,421
31,913
Cash, Cash Equivalents & STI
20,147
23,038
23,797
Accounts Receivable, Net
6,981
9,632
4,025
Inventories
30
27
22
Total Current Liabilities
15,516
16,131
13,316
Payables & Accruals
- -
- -
- -
ST Debt
3,670
4,025
2,828
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
18.35%
9.84%
7.17%
Free Cash Flow
-129.53%
-179.9%
-746.06%
Net Income, GAAP
-66.39%
-58.67%
-15.83%
Sales/Revenue/Turnover
18.09%
11.59%
2.01%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
11,334
12,740
14,933
23,486
62,493
2025
10,888
13,897
15,980
22,987
63,751
2026
9,420
- -
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-256.65
245
-30
585.58
1,860
2025
-1,315
0.12
74.37
501.45
313
2026
-191.72
- -
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

Full Time Employees
345
Sector
Electronic technology
Industry
Computer communications
Address
Seoul South Korea
IPO Date
Jan 3, 2001
Business
RaonSecure Co., Ltd. is a South Korea-based cybersecurity and digital authentication software provider specializing in biometric verification, decentralized identity, enterprise mobility, and information security solutions. Founded in 1998 and headquartered in Seoul, South Korea, the company operates across digital identity, cybersecurity software, enterprise mobile management, and professional consulting segments, serving commercial banks, financial institutions, government agencies, telecommunications operators, educational institutions, and corporate enterprises across South Korea, Japan, Southeast Asia, Latin America, and North America. The company's primary product and service portfolio comprises: biometric authentication platforms, including TouchEn OnePass, a FIDO-certified passwordless authentication system supporting fingerprint, facial recognition, and passkey verification; decentralized identity and blockchain solutions, including OmniOne Digital ID for issuing and managing verifiable digital credentials, OmniOne Access for cloud-based unified identity and access management with Single Sign-On capabilities, and OmniOne CX for multi-credential digital wallet integrations; mobile and endpoint security suites, including OneGuard, an enterprise mobile device management and mobile application management software, TouchEn mTranskey and Transkey for encrypted virtual keypad input and anti-screen-capture protection, TouchEn nxKey for web keyboard encryption and anti-keylogging, TouchEn mVaccine for mobile antivirus and anti-tampering protection, and TouchEn nxFirewall for personal firewall security; immersive learning platforms, including Raon Metademy, an AI-driven extended reality simulation training platform for vocational and professional education; next-generation cybersecurity solutions, including generative AI security frameworks designed to mitigate prompt injection and data leakages, alongside post-quantum cryptography integration for financial institutions; and WhiteHat Consulting, offering elite vulnerability research, penetration testing, and specialized security evaluation services. In recent major operational and corporate developments, RaonSecure completed a strategic merger with its subsidiary RaonWhiteHat in December 2023 to consolidate its decentralized identity, blockchain, and security consulting business lines into a unified operating structure. The company has played a central role in South Korea's national digital identification architecture, developing the blockchain infrastructure for national mobile driver's licenses and mobile resident registration cards. On the global front, the company expanded international operations through its Singapore-based affiliate OmniOne PTE Ltd., released a Software-as-a-Service edition of OmniOne Digital ID, deployed blockchain-based student identification services in partnership with the International Student Identity Card Association, and entered a strategic partnership with Japan's TOPPAN Inc. to conduct proof-of-concept testing for cross-border verifiable credentials. RaonSecure has also broadened its technological scope through the commercial rollout of post-quantum cryptographic security modules and proprietary artificial intelligence security solutions.