Dreamus Company

Dreamus Company

KKRX:060570
4,865.00
KRW
+30.00
(+0.62%)
-39.69EPS
451.78BMarket 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
2,684.38
2,053.91
1,752.32
1,681.92
1,912.24
2,716.34
3,512.07
3,983.45
4,294.64
4,829.4
4,025.02
2,975.8
2,940.67
3,689.8
Basic EPS, GAAP
-325
91
20
-321
-388
-420
-856
-406
-283.21
480
-51
-235
34
-42.46
Free Cash Flow per Basic Share
-162.1
-352.59
-426.92
12.59
-295.31
-116.16
-125.7
215.06
-27.4
315.21
-1,075.4
374.47
-236.15
-253.03
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
711.27
1,531.71
1,545.43
1,226.34
2,390.72
2,877.36
2,073.85
1,684.89
1,400.64
2,785.84
2,180.29
1,939.88
1,942.72
1,950.35
Tangible Book Value per Share
632.92
1,441.39
1,381.33
1,078.18
1,279.35
1,987.65
1,606.05
1,388.36
1,123.34
2,552.31
2,025.43
1,825.68
1,899.67
1,809.59
Basic Weighted Avg Shares
26
26
32
31
36
51
56
57
57
57
57
76
77
60
Sales/Revenue/Turnover
69,413
53,192
55,637
52,328
69,452
137,849
196,961
226,329
244,189
274,372
228,994
225,063
224,997
219,750
Operating Margin (%)
-11.52
2.81
0.54
-18.04
-11.46
-2.53
-13.58
-5.25
1.99
-2.78
-1.1
-1.25
0.34
0.62
Depreciation Expense
1,741
1,708
2,585
3,669
3,390
7,592
11,555
9,871
7,855
8,132
6,763
6,573
3,593
3,507
Net Income, GAAP
-8,404
2,357
635
-9,987
-14,092
-21,314
-48,006
-23,068
-16,103
27,270
-2,902
-17,773
2,601
-2,529
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
1.45
- -
- -
38.47
1,487.49
Profit Margin (%)
-12.11
4.43
1.14
-19.09
-20.29
-15.46
-24.37
-10.19
-6.59
9.94
-1.27
-7.9
1.16
-1.15
Working Capital
16,319
48,713
43,895
34,218
65,309
108,057
86,493
73,515
26,282
111,844
76,504
71,308
85,295
63,197
LT Debt
- -
4,001
4,308
4,644
4,779
- -
695
2,715
1,462
2,064
2,406
1,895
1,349
1,668
Total Equity
18,363
47,553
48,057
38,135
113,674
159,859
117,917
95,801
79,639
167,784
164,877
146,697
143,883
144,448
Return on Invested Capital (%)
- -
4.17
0.59
- -
- -
- -
- -
- -
- -
-6.62
- -
- -
0.24
-10.42
Return on Capital (%)
- -
6.92
1.92
- -
- -
- -
- -
- -
- -
21.42
- -
- -
1.87
-4.39
Return on Common Equity (%)
-38.06
7.15
1.33
-23.17
-18.57
-15.58
-34.56
-21.59
-18.36
22.91
-1.8
-11.41
1.79
-1.71

Capital Structure

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
2,350
2,331
1,637
LT Borrowings
- -
- -
- -
LT Finance Leases
1,911
1,349
1,668
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
74
74
74
Market Capitalization
665,080
529,916
451,780

Working Capital

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
123,705
162,395
120,977
Cash, Cash Equivalents & STI
78,533
106,381
58,842
Accounts Receivable, Net
13,952
22,431
12,559
Inventories
5,298
8,155
3,954
Total Current Liabilities
70,286
77,100
57,780
Payables & Accruals
- -
- -
- -
ST Debt
2,350
2,331
1,637
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
25.22%
15.83%
-1.92%
Free Cash Flow
-535.37%
-422.77%
-163.8%
Net Income, GAAP
-151.94%
-2.45%
-114.64%
Sales/Revenue/Turnover
18.5%
0.39%
-0.03%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
56,973
50,183
64,772
29,045
225,063
2025
53,847
51,111
59,009
61,031
224,997
2026
48,600
- -
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-13.38
-41
25
-1,025.07
-235
2025
70
-25.54
6.66
-81.22
34
2026
1.42
- -
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

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

Company Description

CEO
Dong-Hoon Kim
Full Time Employees
189
Sector
Electronic technology
Industry
Computer peripherals
Address
Seoul South Korea
IPO Date
Dec 19, 2003
Business
Dreamus Company operates as an entertainment, audio technology, and digital content company in South Korea and internationally. Founded in 1999 and headquartered in Seoul, South Korea, the company operates as a key content affiliate of SK Square Co., Ltd., maintaining strategic business and equity relationships with major entertainment agencies including SM Entertainment Co., Ltd. and JYP Entertainment Corporation. Originally established as ReignCom Ltd. and subsequently operating as Iriver Ltd., the company rebranded as Dreamus Company to signify its comprehensive business scope spanning digital music streaming, entertainment intellectual property (IP) monetization, live performance production, and high-fidelity audio engineering. The company conducts its operations primarily through two business segments: Music & Content and Device Solutions. Under its Music & Content segment, Dreamus Company provides FLO, an artificial intelligence-driven digital music and audio content streaming platform offering personalized track curation, podcasts, audiobooks, and creator-led audio channels; domestic and international digital music distribution to global digital service providers; physical album production and wholesale distribution, including compact discs (CDs) and vinyl records; official artist IP merchandise design, manufacturing, and distribution, including interactive wireless concert light sticks (fanlights), apparel, and collectible goods; live concert and event production, encompassing venue planning, stage engineering, and ticketing logistics; and direct-to-consumer (D2C) fan commerce platforms. Under its Device Solutions segment, the company develops, manufactures, and markets premium high-resolution digital audio players, headphone amplifiers, portable digital-to-analog converters (DACs), high-end in-ear monitors, and audio accessories under the Astell&Kern brand; lifestyle electronics, personal audio devices, and home appliances under the iriver brand; and original equipment manufacturing (OEM) and original design manufacturing (ODM) hardware, including automotive audio and communication components. The company serves individual consumers, independent audio creators, recording artists, and corporate entertainment enterprises across South Korea, the Asia-Pacific region, North America, and Europe. Dreamus Company delivers its digital streaming offerings via mobile and desktop platforms, while distributing its hardware devices and physical entertainment merchandise through direct online storefronts, consumer electronics retailers, specialty audiophile channels, and international distribution partners. In recent strategic developments, Dreamus Company has expanded its FLO platform into an open creator audio ecosystem, introducing user-generated audio publishing and advanced artificial intelligence recommendation algorithms. The company has broadened its commercial partnerships with major K-pop talent agencies to secure exclusive merchandising, physical distribution, and concert light stick manufacturing rights for global concert tours. Within its hardware division, the company has introduced next-generation flagship Astell&Kern portable audio players, compact high-output USB DAC adapters, and co-branded audiophile collaborations to capitalize on growing global demand for high-resolution audio equipment. Furthermore, Dreamus Company has implemented operational restructuring initiatives to optimize device manufacturing supply chains, strengthened operational synergies within the SK Square corporate group, and expanded its global direct-to-consumer e-commerce logistics to support overseas artist IP monetization.