1. South Korea Stocks

  2. •

    Commercial services

  3. •

    Miscellaneous commercial services
FSN Co., Ltd.

FSN Co., Ltd.

KKRX:214270
1,257.00
KRW
-8.00
(-0.63%)
-88.03EPS
101.32BMarket Cap
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
3,454.27
4,297.45
3,814.18
6,751.45
8,024.63
8,171.87
8,679.77
6,176.86
5,283.35
5,578.28
6,846.38
6,422.62
Basic EPS, GAAP
310
-915
40
210
180
-299.44
3.59
-374
-717
-242
-475
-494.67
Free Cash Flow per Basic Share
-154.72
104.65
-181.05
69.26
194.32
163.03
264.91
253.89
-339.11
194.52
-199.08
372.09
Dividend per Share
- -
- -
- -
- -
17.28
- -
21.52
5.95
4.79
26.24
11
- -
Book Value per Share
10,646.85
2,464.51
2,120.94
2,256.59
2,941.21
2,847.24
3,885.45
3,565.74
2,272.03
1,800.35
1,408.21
1,374.47
Tangible Book Value per Share
10,154.6
2,149.42
1,384.1
144.24
1,169.47
700.7
2,138.64
2,094.67
1,113.44
-579.41
237.49
232.66
Basic Weighted Avg Shares
7
8
9
17
18
20
24
29
33
33
40
42
Sales/Revenue/Turnover
24,161
32,484
34,193
111,456
145,425
163,469
211,831
176,541
175,608
185,400
272,290
271,874
Operating Margin (%)
9.87
5.01
0.6
8.84
5.35
3.86
5.04
-0.73
-3.31
5.96
11.2
9.05
Depreciation Expense
136
226
203
4,174
6,599
6,211
6,413
8,367
9,695
11,597
8,891
8,254
Net Income, GAAP
2,168
-6,916
359
3,467
3,262
-5,990
88
-10,689
-23,832
-8,043
-18,891
-20,940
Effective Tax Rate (%)
16.59
- -
- -
- -
- -
73.65
41.31
- -
- -
- -
69.36
- -
Profit Margin (%)
8.97
-21.29
1.05
3.11
2.24
-3.66
0.04
-6.05
-13.57
-4.34
-6.94
-7.7
Working Capital
10,280
19,861
12,717
-12,790
8,905
15,926
59,073
77,380
40,240
-21,406
9,037
6,800
LT Debt
- -
843
- -
8,526
35,877
31,778
23,306
27,351
23,578
16,357
35,850
36,370
Total Equity
11,392
22,464
23,834
43,594
67,300
76,034
137,085
147,390
93,486
96,098
94,111
102,249
Return on Invested Capital (%)
- -
- -
- -
- -
- -
0.85
3.82
- -
- -
- -
5.34
- -
Return on Capital (%)
- -
- -
- -
- -
- -
-8.28
-1.16
- -
- -
- -
-11.26
- -
Return on Common Equity (%)
- -
-40.83
1.59
11.12
6.78
-10.5
0.11
-9.43
-24.56
-11.88
-31.13
-34.16

Capital Structure

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
40,942
42,334
42,452
LT Borrowings
27,659
27,605
27,559
LT Finance Leases
9,309
8,245
8,811
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
44
44
45
Market Capitalization
100,264
84,187
101,318

Working Capital

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
277,172
249,591
186,059
Cash, Cash Equivalents & STI
32,687
71,691
73,938
Accounts Receivable, Net
77,705
67,069
67,882
Inventories
24,775
23,868
24,197
Total Current Liabilities
227,568
240,554
179,260
Payables & Accruals
- -
- -
- -
ST Debt
40,942
42,334
42,452
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
30.55%
10.39%
-2.07%
Free Cash Flow
-97.28%
-104.93%
-222.47%
Net Income, GAAP
-1,216.36%
-2,443.33%
134.88%
Sales/Revenue/Turnover
37.34%
12.97%
46.87%
Total Cash Common Dividend
- -
- -
-49.85%

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
38,374
29,880
59,623
83,143
185,400
2025
59,683
72,106
73,265
67,235
272,290
2026
59,268
- -
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-47
222
-34
-383.21
-242
2025
-10
-73.86
137.43
-495.63
-475
2026
-54.18
- -
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
5.77
- -
- -
20.42
26.24
2025
13.48
- -
- -
- -
11
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Jeong-Gyo Seo
Full Time Employees
114
Sector
Commercial services
Industry
Miscellaneous commercial services
Address
Seoul South Korea
IPO Date
Mar 25, 2015
Website
fsn.co.kr
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Business
FSN Co., Ltd., formerly known as Future Stream Networks Co., Ltd., is a South Korea-based digital marketing, ad-tech, brand acceleration, and Web3 technology company. Founded in 2007 and headquartered in Seoul, South Korea, the company operates across four primary business segments: Digital Marketing, Ad-Tech Platforms, Brand Commerce Accelerator, and Web3 Tech Solutions. The company provides a comprehensive suite of digital advertising and marketing services; mobile advertising platforms including Cauly, a mobile ad network providing cost-per-click, cost-per-install, and programmatic advertising solutions; digital agency services specializing in creative content development, social media management, search engine optimization, and influencer marketing campaigns; brand incubating and direct-to-consumer commerce acceleration through its subsidiary Boosters, which scales consumer brands across healthcare, functional beverage, and lifestyle categories; and decentralized Web3 and digital asset solutions through its tech subsidiary Fingerlabs, which develops non-fungible token ecosystems, digital wallet platforms including Favorlet, and enterprise blockchain integration systems. FSN serves enterprise advertisers, small and medium-sized businesses, e-commerce retailers, and consumer brands across domestic and international markets, maintaining business operations and subsidiaries in South Korea, Singapore, Thailand, Vietnam, Indonesia, Taiwan, and Greater China. In recent developments, FSN has accelerated its strategic shift toward artificial intelligence and next-generation tech integration, deploying AI-driven marketing automation, data analytics, and generative ad creation tools across its advertising platforms to enhance ad targeting and campaign conversion rates. The company has also broadened its brand accelerator portfolio through strategic investments and brand incubation partnerships, while reorganizing its overseas business units under unified regional management and establishing strategic alliances to expand digital intellectual property commercialization and Web3-enabled commerce ecosystems.