TILON Co., Ltd.

TILON Co., Ltd.

KKRX:217880
940.00
KRW
-8.00
(-0.84%)
-448.79EPS
94.76BMarket Cap
2021 Y
2022 Y
2023 Y
2024 Y
TTM
Revenue per Share
1,621.67
459.65
212.68
718.77
428.84
Basic EPS, GAAP
-1,382
-91
-308
-271.24
-448.79
Free Cash Flow per Basic Share
47.93
-258.11
-194.96
-247.53
- -
Dividend per Share
- -
- -
- -
- -
- -
Book Value per Share
-676.21
439.16
-174.58
90.19
114.46
Tangible Book Value per Share
-860.29
271.48
-302.65
6.01
-46.04
Basic Weighted Avg Shares
8
21
21
11
14
Sales/Revenue/Turnover
12,594
9,760
4,525
7,664
6,020
Operating Margin (%)
17.77
-9.32
-138.76
-3.99
-69.01
Depreciation Expense
858
1,397
1,431
1,322
1,310
Net Income, GAAP
-10,732
-1,932
-6,553
-2,892
-6,300
Effective Tax Rate (%)
- -
- -
- -
- -
- -
Profit Margin (%)
-85.22
-19.8
-144.82
-37.74
-104.65
Working Capital
-23,339
-15,659
-22,913
-26,526
-20,460
LT Debt
5,548
4,351
4,042
2,485
4,259
Total Equity
-5,929
4,886
-1,664
1,133
1,381
Return on Invested Capital (%)
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -

Capital Structure

KRW

•

in mil. unless spec.
Sep'22
Dec'22
Mar'23
ST Debt
14,025
14,029
14,750
LT Borrowings
4,261
4,249
4,140
LT Finance Leases
101
102
119
Preferred Equity and Hybrid Capital
175
175
175
Shares Outstanding
11
11
11
Market Capitalization
61,146
60,609
94,756

Working Capital

KRW

•

in mil. unless spec.
Sep'22
Dec'22
Mar'23
Total Current Assets
4,101
6,054
2,966
Cash, Cash Equivalents & STI
1,729
2,346
918
Accounts Receivable, Net
1,125
3,577
1,825
Inventories
60
31
29
Total Current Liabilities
19,896
21,713
23,427
Payables & Accruals
- -
- -
- -
ST Debt
14,025
14,029
14,750
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
-168.11%
Free Cash Flow
- -
- -
-36.37%
Net Income, GAAP
- -
- -
-55.87%
Sales/Revenue/Turnover
- -
- -
69.37%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
1,894
- -
803
2,280
9,760
2023
1,043
- -
- -
- -
4,525
2024
3,010
- -
- -
- -
7,664

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
-62.5
- -
-160.5
-22.07
-91
2023
-164.5
- -
- -
- -
-308
2024
36.16
- -
- -
- -
-271.24

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -

Company Description

CEO
Baek-Jun Choi
Full Time Employees
45
Sector
Technology services
Industry
Packaged software
Address
Seoul South Korea
IPO Date
May 28, 2015
Business
TILON Co., Ltd. is a South Korea-based software and information technology company specializing in cloud computing, virtualization infrastructure, and digital workspace solutions. Founded in 2001 and headquartered in Seoul, South Korea, the company is listed on the Korea Exchange under the ticker 217880 and primarily serves public sector agencies, financial institutions, defense organizations, educational establishments, and commercial enterprises across South Korea and international markets in the Asia-Pacific region. The company develops, licenses, and maintains a comprehensive portfolio of virtualization, cloud management, and document security software. Its product and service offerings include: Desktop Virtualization and Cloud Solutions, encompassing Dstation, a proprietary enterprise-grade Virtual Desktop Infrastructure (VDI) platform designed for secure network separation and remote workspace delivery; Dstation X, a next-generation virtualization platform engineered for sovereign cloud deployments; Lstation, an open-source hypervisor-based virtual desktop solution; Astation, an application virtualization platform providing centralized access to enterprise applications without local installation; and DeskON, a cloud-native Desktop-as-a-Service (DaaS) solution; Systems Management and Orchestration Software, comprising CenterPost, an integrated web-based management portal providing centralized administration, resource provisioning, performance monitoring, and policy enforcement across virtual machines and server clusters; Smart Workspace and Collaboration Systems, including Vstation, a paperless conferencing and multi-directional screen-mirroring collaboration platform; and CenterVerse, a virtualized office and enterprise metaverse collaboration environment; and Cybersecurity and Digital Asset Solutions, consisting of CenterChain, a blockchain-enabled electronic document lifecycle and forgery prevention solution; together with specialized zero-client hardware appliances, system integration, software maintenance, and cloud consulting services. In recent developments, TILON has accelerated its business expansion through strategic partnerships, technological upgrades, and product launches. The company commercially released Dstation X to target heightened domestic and international demand for sovereign cloud compliance, enhanced data governance, and hybrid IT architectures. To address growing enterprise and academic requirements for artificial intelligence workloads, the company integrated advanced GPU slicing and acceleration capabilities into its virtualization engine, supporting AI model training, computer-aided engineering, and virtual laboratory deployments at major universities. Strategically, TILON entered into a business cooperation agreement with LG CNS to jointly pursue large-scale enterprise and public VDI modernization initiatives, and partnered with Japan-based e-CORPORATION.JP to expand its distribution footprint in the Japanese cloud workspace and DaaS market. Operationally, driven by increased adoption of cloud PC infrastructure in public procurement and corporate digital transformation projects, the company achieved an operational turnaround to profitability while advancing its market presence across East Asia.