INNOAX CO. LTD

INNOAX CO. LTD

KKRX:296640
6,850.00
KRW
-130.00
(-1.86%)
1,026.57EPS
5.16P/E
26.79BMarket Cap
Nov 06Next Earn
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
24,122.37
24,659.88
3,703.55
4,707.03
3,777.21
3,121.56
4,684.61
4,534.3
5,316.86
Basic EPS, GAAP
818
1,609
588
813
500
7
607
511
1,026.57
Free Cash Flow per Basic Share
2,965.59
6,278.14
328.99
542.6
744.71
57.82
779.02
-322.28
-311.25
Dividend per Share
- -
- -
- -
22.06
21.81
113.83
60.17
249.88
- -
Book Value per Share
1,533.45
2,117.53
1,787.45
3,203.87
6,096.08
5,939.17
6,480.38
6,757.25
7,248
Tangible Book Value per Share
274.77
1,161.47
1,777.27
3,183.63
6,078.15
5,886.84
6,441.81
6,729.37
7,127.79
Basic Weighted Avg Shares
- -
1
3
3
4
5
5
5
5
Sales/Revenue/Turnover
10,008
14,058
11,405
16,405
16,231
15,511
23,707
22,933
26,894
Operating Margin (%)
5.85
17.37
11.48
18.95
7.94
-8
10.11
3.25
3.53
Depreciation Expense
87
697
642
234
262
342
472
581
624
Net Income, GAAP
339
917
1,811
2,833
2,149
35
3,072
2,584
5,193
Effective Tax Rate (%)
- -
23.47
- -
10
- -
- -
3.56
- -
- -
Profit Margin (%)
3.39
6.52
15.88
17.27
13.24
0.22
12.96
11.27
19.31
Working Capital
-1,133
3,550
2,622
7,591
18,619
20,655
21,140
15,931
17,164
LT Debt
2,262
3,149
211
223
101
435
272
350
276
Total Equity
6,265
8,652
7,303
13,090
31,345
30,142
32,759
34,159
36,640
Return on Invested Capital (%)
- -
13.77
- -
21.21
- -
- -
6.63
- -
- -
Return on Capital (%)
- -
9.24
- -
22.5
- -
- -
9.24
- -
- -
Return on Common Equity (%)
- -
12.3
22.7
27.79
9.67
0.11
9.77
7.72
15.03

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
306
411
371
LT Borrowings
- -
13
- -
LT Finance Leases
350
338
276
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
5
5
5
Market Capitalization
28,865
41,452
26,792

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
21,328
20,047
22,690
Cash, Cash Equivalents & STI
11,040
11,600
8,670
Accounts Receivable, Net
5,005
1,958
2,521
Inventories
- -
19
- -
Total Current Liabilities
5,397
4,976
5,526
Payables & Accruals
- -
- -
- -
ST Debt
306
411
371
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
45.56%
4.27%
Free Cash Flow
- -
239.15%
-141.35%
Net Income, GAAP
- -
1,729.88%
-15.86%
Sales/Revenue/Turnover
- -
17.58%
-3.26%
Total Cash Common Dividend
- -
- -
315.02%

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4,799
5,470
6,107
7,330
23,707
2025
5,736
5,296
5,971
5,930
22,933
2026
7,142
7,851
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
113
108
175
210.48
607
2025
138
43
100.24
230.4
511
2026
123.46
572
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
60.17
2025
- -
- -
- -
- -
249.88
2026
- -
- -
- -
- -
- -

Company Description

Full Time Employees
145
Sector
Technology services
Industry
Packaged software
Address
Seoul South Korea
IPO Date
Oct 7, 2022
Business
INNOAX CO. LTD, formerly known as InnoRules Co., Ltd., is a South Korea-based enterprise software company that specializes in digital decisioning platforms, business rule management systems (BRMS), and artificial intelligence-driven business automation solutions. Founded in 2007 and headquartered in Seoul, South Korea, the company develops and supplies software platforms that allow enterprises to automate complex operational logic, manage product architectures, and execute digital transformation initiatives. The company serves a diverse client base encompassing financial institutions, such as life and non-life insurers, commercial banks, credit card providers, and securities firms, as well as organizations in healthcare, manufacturing, retail, telecommunications, and the public sector across South Korea and international markets, including Japan. The company provides a comprehensive suite of proprietary software products and related enterprise services, which include: InnoRules, a high-performance business rule engine that enables non-technical business operators to configure, execute, and maintain complex business rules and decision logic in real time; InnoProduct, a rule-based product information management and product factory solution designed to standardize product parameters, streamline product lifecycles, and accelerate time-to-market for complex financial and commercial offerings; InnoClaim, an automated insurance claims assessment and payout calculation engine; InnoPlat, a low-code digital business automation platform; enterprise AI decision intelligence software featuring generative AI and machine learning integrations for intelligent rule modeling and policy interpretation; and professional technology services, including custom software development, IT consulting, systems integration, and ongoing maintenance and technical support. In recent developments, the company executed a corporate rebranding from InnoRules Co., Ltd. to INNOAX CO. LTD to signify its strategic expansion into AI Transformation (AX) and next-generation decision automation. In alignment with this strategic pivot, INNOAX has integrated generative AI and large language model capabilities across its flagship BRMS and product factory platforms to support automated rule extraction and conversational management workflows. In addition, the company has advanced its global market footprint through expanded strategic partnerships with systems integrators in Japan, accelerated the deployment of cloud-native Software-as-a-Service (SaaS) delivery models, and broadened its market penetration into non-financial verticals including smart manufacturing, hospital administration, and logistics.