IQUEST Co., Ltd.

IQUEST Co., Ltd.

KKRX:262840
2,875.00
KRW
-25.00
(-0.86%)
762.19EPS
4.53P/E
29.25BMarket Cap
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1,184.73
1,527.36
1,888.68
1,545.3
2,545.1
3,863.77
3,582.88
4,287.91
3,486.65
Basic EPS, GAAP
218.18
386.36
635.45
347.27
277.27
305.32
332.73
552
636.93
Free Cash Flow per Basic Share
355.02
-187.43
962.16
505.33
435.25
383.37
182.71
-2,954.85
556.98
Dividend per Share
90.37
54.16
90.91
72.45
90.83
90.91
83.14
78.59
- -
Book Value per Share
1,536.79
1,922.97
2,482.41
4,042
4,202.67
4,404.58
4,677.1
5,168.23
5,607.04
Tangible Book Value per Share
1,440.64
1,866.73
2,469.12
4,012.35
3,681.6
3,885.98
4,057.14
4,567.26
5,010.34
Basic Weighted Avg Shares
10
9
8
10
10
10
11
10
13
Sales/Revenue/Turnover
11,563
14,510
15,270
15,677
26,367
40,079
40,639
43,564
44,088
Operating Margin (%)
27.17
16.66
31.93
23.02
16.5
9.04
8.41
9.81
8.42
Depreciation Expense
206
372
389
386
846
980
1,029
1,031
1,152
Net Income, GAAP
2,130
3,670
5,138
3,523
2,873
3,167
3,774
5,608
8,054
Effective Tax Rate (%)
14.11
15.43
9.43
10.37
12.05
8.62
- -
- -
1.53
Profit Margin (%)
18.42
25.3
33.65
22.47
10.89
7.9
9.29
12.87
18.27
Working Capital
-4,699
9,952
16,919
15,290
11,902
13,496
8,235
9,504
7,369
LT Debt
- -
444
1,497
536
794
553
206
39,795
39,054
Total Equity
12,648
15,547
20,070
41,839
49,544
52,018
54,509
59,939
65,346
Return on Invested Capital (%)
- -
12.56
21.99
9.34
7.86
6.36
- -
- -
3.66
Return on Capital (%)
- -
26.88
26.69
11.04
6.15
5.09
- -
- -
7.55
Return on Common Equity (%)
- -
26.24
28.85
11.38
6.72
7.09
8.08
11.15
15.16

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
3,307
1,266
1,272
LT Borrowings
39,600
39,300
39,000
LT Finance Leases
195
64
54
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
10
10
10
Market Capitalization
37,400
35,865
29,254

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
19,108
24,194
14,012
Cash, Cash Equivalents & STI
14,151
21,031
10,570
Accounts Receivable, Net
2,403
2,773
3,109
Inventories
- -
- -
- -
Total Current Liabilities
9,604
8,348
6,643
Payables & Accruals
- -
- -
- -
ST Debt
3,307
1,266
1,272
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
29.33%
9.96%
Free Cash Flow
- -
-330.89%
-1,548.61%
Net Income, GAAP
- -
5.62%
48.6%
Sales/Revenue/Turnover
- -
26.29%
7.2%
Total Cash Common Dividend
- -
- -
-15.33%

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
9,346
8,705
11,337
11,251
40,639
2025
9,782
10,562
11,784
11,436
43,564
2026
10,521
10,346
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
24.55
-43.64
189.09
154.36
332.73
2025
203.64
166
40.05
166.07
552
2026
442.82
112
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
83.14
2025
- -
- -
- -
- -
78.59
2026
- -
- -
- -
- -
- -

Company Description

Full Time Employees
107
Sector
Technology services
Industry
Packaged software
Address
Seoul South Korea
IPO Date
Feb 5, 2021
Business
IQUEST Co., Ltd. is a South Korea-based B2B enterprise software company primarily engaged in the development, deployment, and operation of cloud-based enterprise resource planning (ERP) software and artificial intelligence-driven business management solutions for micro-enterprises, small- and medium-sized enterprises (SMEs), and mid-market corporations. Founded in 1996 and headquartered in Seoul, South Korea, the company operates across software-as-a-service (SaaS), on-premise software integration, and business management consulting sectors. The company's core product and service portfolio comprises Eolmaeyo ERP, a flagship SaaS-based accounting and management platform providing automated bookkeeping, electronic tax filing, sales and inventory management, production control, and payroll processing tailored to diverse industry sectors; IQUEST B1, a high-tier ERP solution built on SAP Business One designed for growing mid-sized enterprises requiring complex customization, multi-branch management, and scalable systems integration; Eolmaeyo Works, a collaborative enterprise groupware platform offering electronic approval workflows, internal communications, and project tracking; HR365, an integrated human resources management solution that automates time and attendance monitoring, payroll calculations, and AI-enabled talent matching; Sign365, a blockchain-secured electronic contract and digital signature platform supporting automated document generation, batch delivery, and certified digital storage; Bozogae, an AI-powered public subsidy matching platform that tracks and recommends tailored government support programs and grants to registered business users; and specialized mobile applications, including smart logistics and warehouse management tools. In recent developments, IQUEST has accelerated its strategic transition into an AI-driven enterprise management platform provider. The company completed the acquisition of a controlling 52.14% equity interest in Dfocus Co., Ltd., a business intelligence and SAP consulting specialist, significantly expanding its market reach into mid-to-large enterprise clients and bolstering its big data analytics capabilities. Following the acquisition, IQUEST has integrated generative AI chatbot modules and automated data processing tools across its ERP lineup, rebranded its digital contract service as Sign365, and launched the AI grant recommendation service Bozogae. The company also maintains banking ERP integration partnerships with major domestic financial institutions, including KB Kookmin Bank and the National Credit Union Federation of Korea, to deliver synchronized cash management services. Supported by revenue diversification across its AI solutions and SaaS subscriptions, IQUEST has continued to strengthen shareholder return initiatives through share repurchase agreements and dividend distributions.