Polaris AI Handy Corp.

Polaris AI Handy Corp.

KKRX:220180
1,314.00
KRW
+2.00
(+0.15%)
110.74EPS
13.48P/E
36.23BMarket Cap
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
9,671.37
11,130.65
6,496.89
5,379.13
5,542.65
2,188.71
912.68
876.25
1,697.26
1,351.77
1,469.35
1,501.57
1,443.94
Basic EPS, GAAP
-957
1,361
269
-582
-1,320
-705.84
179
184
54
107
44
39
112.33
Free Cash Flow per Basic Share
-1,730.35
556.81
-128.62
-620.47
-1,785.73
144.5
334.57
66.5
29.43
112.72
231.11
-214.15
44.44
Dividend per Share
1.4
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
1,262.29
4,374.8
4,842.62
4,279.63
3,301.36
2,868.48
3,043.14
3,228
3,291.03
3,469.14
3,513.23
3,262.15
3,167.35
Tangible Book Value per Share
890.13
4,209.37
4,694.69
3,924.77
3,281.55
2,863.2
3,027.09
3,191.26
3,025.38
3,241.7
3,298.76
3,222.54
3,118.98
Basic Weighted Avg Shares
5
4
6
7
8
16
19
19
20
19
19
21
23
Sales/Revenue/Turnover
49,634
41,632
36,873
40,148
42,044
34,760
17,674
17,045
33,115
26,121
28,375
31,444
32,849
Operating Margin (%)
-3.93
7.68
5.18
-3.31
-13.13
-10.1
8.21
6.88
1.4
-3.7
-7.01
-1.53
-1.92
Depreciation Expense
775
349
230
255
689
918
322
379
1,342
1,125
1,085
1,011
871
Net Income, GAAP
-4,911
5,091
1,527
-4,344
-10,013
-11,210
3,466
3,579
1,054
2,068
850
817
2,556
Effective Tax Rate (%)
- -
- -
26.4
- -
- -
- -
- -
- -
- -
- -
- -
44.31
16.86
Profit Margin (%)
-9.9
12.23
4.14
-10.82
-23.82
-32.25
19.61
21
3.18
7.92
2.99
2.6
7.78
Working Capital
8,071
13,384
25,193
20,760
20,620
53,146
54,124
45,725
51,310
53,331
38,403
56,531
45,176
LT Debt
- -
- -
- -
11,270
1,000
1,707
748
486
522
114
231
9
109
Total Equity
6,856
23,904
36,121
32,167
29,408
55,648
59,037
62,649
66,165
67,982
68,580
78,287
76,005
Return on Invested Capital (%)
- -
- -
4.56
- -
- -
- -
1.76
- -
- -
- -
- -
-0.36
-0.73
Return on Capital (%)
- -
- -
4.99
- -
- -
- -
6.05
- -
- -
- -
- -
1.37
3.61
Return on Common Equity (%)
- -
33.05
5.09
-12.76
-32.64
-26.36
6.04
5.88
1.67
3.15
1.25
1.12
3.59

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
253
141
81
LT Borrowings
- -
- -
- -
LT Finance Leases
9
- -
109
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
24
24
24
Market Capitalization
47,981
45,756
36,231

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
68,130
57,544
59,316
Cash, Cash Equivalents & STI
56,640
43,048
45,576
Accounts Receivable, Net
3,083
3,617
2,704
Inventories
7,910
10,015
9,927
Total Current Liabilities
11,599
11,825
14,140
Payables & Accruals
- -
- -
- -
ST Debt
253
141
81
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
15.64%
5.9%
14.15%
Free Cash Flow
70.53%
9.62%
-200.48%
Net Income, GAAP
-47.68%
-6.77%
-3.89%
Sales/Revenue/Turnover
2.47%
17.81%
10.81%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4,409
4,778
5,175
14,013
28,375
2025
5,205
5,898
10,216
10,124
31,444
2026
5,919
6,589
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-37
-40
-12
133
44
2025
-21
-66
111
14.38
39
2026
20.76
-19
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

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

Company Description

CEO
Jun-Hee Lee
Full Time Employees
111
Sector
Technology services
Industry
Packaged software
Address
Anyang-si South Korea
IPO Date
Nov 24, 2016
Business
Polaris AI Handy Corp. is a South Korea-based software company primarily engaged in the development and provision of enterprise collaboration software, groupware suites, and business process management solutions for public institutions, financial services firms, and commercial enterprises. Founded in 1991 and headquartered in Seoul, South Korea, the company operates primarily across the South Korean market. The company’s core product and service offerings comprise Enterprise Groupware Solutions, including Handy Groupware, web-based collaboration platforms, electronic approval systems, corporate messaging, organizational portal frameworks, and scheduling tools; Business Process Management (BPM) Software, including Handy BPM for workflow automation, process modeling, task execution monitoring, and operational efficiency analysis; Electronic Document Management Systems (EDMS), featuring digital archiving, record lifecycle management, and public sector electronic document distribution interfaces; Cloud and SaaS Solutions, delivering subscription-based cloud groupware and mobile office applications; and Smart Infrastructure and IoT Solutions, including connected device management platforms and network monitoring utilities. Following its acquisition by the Polaris Group, the company officially changed its corporate name from Handysoft Co., Ltd. to Polaris AI Handy Corp. in 2024. In strategic alignment with its parent and affiliate entities, including Polaris Office Corp., the company has accelerated its business transformation into an artificial intelligence-enabled enterprise solutions provider, deploying generative AI features, automated document drafting and summarization, intelligent enterprise search assistants, and cloud-native AI upgrades across its public and private sector client base.