Openbase Inc.

Openbase Inc.

KKRX:049480
1,779.00
KRW
0.00
(0.00%)
395.07EPS
5.89P/E
57.49BMarket Cap
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
3,831.41
3,836.13
3,888.71
5,081.28
4,443.93
4,686.2
5,022.17
4,984.83
5,623.39
6,143.89
6,505.82
7,489.47
8,547.08
9,206.89
Basic EPS, GAAP
111
115
133
179
40
-47
44
79
148
191
166
251
266
357.11
Free Cash Flow per Basic Share
71.1
-16.17
28.19
149.51
-33.9
-98.16
279.41
210.09
714.96
-162.73
-90.11
350.71
-200.09
23.91
Dividend per Share
25.43
25.01
24.89
24.66
25.08
14.87
14.88
14.95
14.92
14.94
15.03
25.99
25.03
- -
Book Value per Share
1,483.34
1,556.9
1,662.67
1,825.26
2,074.01
2,010.17
2,036.37
2,107.55
2,253.35
2,436.2
2,588.15
2,862.63
3,141.86
3,195.46
Tangible Book Value per Share
1,253.96
1,368.54
1,513.02
1,697.47
1,964.24
1,904.69
1,922.55
1,974.32
2,110.86
2,285.07
2,443.07
2,695.94
2,934.91
3,004.15
Basic Weighted Avg Shares
30
30
31
31
31
31
31
31
31
31
31
30
27
27
Sales/Revenue/Turnover
114,214
114,130
118,627
156,600
136,597
146,735
157,437
155,625
175,900
193,095
204,047
226,290
233,127
251,467
Operating Margin (%)
1.65
4.77
4.25
4.49
1.34
-1.04
1.47
2.35
3.07
4.13
3.24
2.94
3.4
3.98
Depreciation Expense
4,359
3,849
3,693
2,461
3,785
3,403
3,107
3,315
3,314
3,381
3,715
4,040
4,179
4,172
Net Income, GAAP
3,309
3,421
4,057
5,517
1,230
-1,472
1,379
2,466
4,629
6,003
5,206
7,584
7,255
9,754
Effective Tax Rate (%)
25.11
42.45
20.38
19.4
23.65
- -
15.88
30.22
13.51
19.81
22.64
18.39
22.71
17.41
Profit Margin (%)
2.9
3
3.42
3.52
0.9
-1
0.88
1.58
2.63
3.11
2.55
3.35
3.11
3.88
Working Capital
5,173
693
-1,403
14,925
29,637
22,295
24,927
27,410
32,376
37,721
41,709
43,104
41,550
44,540
LT Debt
16,889
9,347
1,767
10,700
8,800
667
143
221
1,436
541
2,203
10,796
180
221
Total Equity
44,348
47,353
50,554
56,293
73,398
71,255
72,610
75,321
81,250
88,697
94,599
91,778
98,852
100,026
Return on Invested Capital (%)
2.05
3.67
4.71
6.48
1.46
- -
2.04
2.68
4.81
6.25
4.74
4.75
5.14
7.32
Return on Capital (%)
6.1
5.27
5.9
7.26
1.49
- -
2.44
2.8
4.71
5.83
4.79
7.56
6.64
7.76
Return on Common Equity (%)
7.73
7.48
8.29
10.33
2.04
-2.32
2.19
3.83
6.8
8.16
6.6
9.51
8.85
11.86

Capital Structure

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
21,780
17,905
14,688
LT Borrowings
- -
- -
- -
LT Finance Leases
235
180
221
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
27
27
27
Market Capitalization
69,102
63,639
57,494

Working Capital

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
114,831
116,217
135,414
Cash, Cash Equivalents & STI
45,656
39,797
41,549
Accounts Receivable, Net
26,262
42,610
39,110
Inventories
17,822
5,849
21,299
Total Current Liabilities
76,542
74,667
90,874
Payables & Accruals
- -
- -
- -
ST Debt
21,780
17,905
14,688
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.29%
5.68%
7.71%
Free Cash Flow
-45.52%
-110.62%
-151.5%
Net Income, GAAP
-23.09%
29.09%
-4.33%
Sales/Revenue/Turnover
7.52%
8.48%
3.02%
Total Cash Common Dividend
- -
- -
-13.08%

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
38,467
35,560
51,750
100,513
226,290
2025
39,875
48,346
50,733
94,172
233,127
2026
58,214
- -
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
12
87
-100
278.82
251
2025
-13
92.56
54.68
131.78
266
2026
78.09
- -
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
25.99
2025
- -
- -
- -
- -
25.03
2026
- -
- -
- -
- -
- -

Company Description

Full Time Employees
272
Sector
Technology services
Industry
Information technology services
Address
Seoul South Korea
IPO Date
Jan 9, 2001
Business
Openbase Inc. is a South Korea-based information technology infrastructure solutions provider and systems integrator specializing in network traffic management, cybersecurity, and hybrid cloud architectures. The company delivers enterprise-grade IT solutions and managed services across three core operating segments: Network Solutions, Information Security, and Cloud & IT Services. The company's core product and service offerings comprise: Application Delivery Controllers (ADC) and L4-L7 switches; ADCsmart, a proprietary multi-vendor ADC integrated management and automated monitoring platform; intelligent network traffic management, WAN optimization, and DNS, DHCP, and IP address management (DDI) systems; zero trust micro-segmentation and network access control platforms; Distributed Denial of Service (DDoS) mitigation systems, including Radware DefensePro hardware; application security and web application firewalls, including F5 solutions; advanced threat intelligence and endpoint detection platforms, including Trellix software; vulnerability assessment and penetration testing systems, including Rapid7 suites; Mandiant-powered cyber incident consulting; Logpresso Sonar, a big data and artificial intelligence-driven security information and event management (SIEM) platform; OpenSign, a hybrid cloud electronic document management system (EDMS); containerized Kubernetes Platform-as-a-Service (PaaS) environments; and comprehensive IT outsourcing (ITO), systems engineering, and AI-enabled automated security operations center (SOC) managed monitoring services. In recent developments, Openbase Inc. has accelerated its strategic expansion into artificial intelligence transformation (AX), AI-optimized data center networking, and next-generation zero trust security architectures. The company formed a strategic cybersecurity partnership with Illumio in 2026 to implement zero trust segmentation across enterprise networks and established an alliance with Zscaler in late 2025 to scale cloud-native secure access service edge (SASE) deployments. In mid-2026, the company introduced its integrated Hybrid AI core infrastructure strategy in collaboration with global technology partners including VMware by Broadcom, Veeam, Zscaler, and F5. Additionally, the company conducted an executive leadership restructuring in early 2026 to strengthen its AX, cloud, and networking divisions, while integrating automated AI response playbooks into its managed security operations. Founded in 1992 and headquartered in Seoul, South Korea, Openbase Inc. primarily serves corporate enterprises, financial institutions, government agencies, telecommunications carriers, and manufacturing clients across the domestic South Korean market, maintaining affiliations within the broader domestic IT and software ecosystem alongside related entities such as DataSolution Inc.