Suresofttech, Inc.

Suresofttech, Inc.

KKRX:298830
3,605.00
KRW
-130.00
(-3.48%)
253.82EPS
19.80P/E
227.51BMarket Cap
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
3,676.31
3,749.19
4,269.97
4,660.59
1,251.16
1,701.16
1,794.98
1,942.26
Basic EPS, GAAP
669
513
928
1,014
100
207
164
216.7
Free Cash Flow per Basic Share
-1,457.24
695.65
-216.81
-1,044.11
168.04
137.56
329.1
244.71
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
349.67
667.03
864.34
1,093.31
1,567.48
1,772.36
2,019.08
2,072.63
Tangible Book Value per Share
343.91
661.79
857.44
1,087.78
1,139.62
1,346.81
1,468.16
1,531.23
Basic Weighted Avg Shares
8
8
9
9
51
52
52
53
Sales/Revenue/Turnover
29,216
31,709
36,917
43,424
63,290
88,803
93,938
102,192
Operating Margin (%)
17.52
14.21
18.24
22.27
18.13
8.89
13.41
16.48
Depreciation Expense
777
1,065
1,175
1,387
2,144
3,719
3,845
3,958
Net Income, GAAP
5,317
4,339
8,023
9,448
5,058
10,806
8,583
11,402
Effective Tax Rate (%)
5.04
2.73
3.36
9.35
13.49
2.79
- -
5.88
Profit Margin (%)
18.2
13.68
21.73
21.76
7.99
12.17
9.14
11.16
Working Capital
9,065
24,776
27,823
22,200
24,203
27,868
32,515
39,029
LT Debt
10,202
9,106
11,612
12,264
12,621
10,178
8,072
7,720
Total Equity
18,116
35,007
45,380
56,610
95,981
106,087
121,927
124,046
Return on Invested Capital (%)
- -
10.16
11.45
11.77
9.01
5.62
- -
11.01
Return on Capital (%)
- -
10.68
14.48
12.88
5.33
9.96
- -
7.42
Return on Common Equity (%)
- -
16.52
20.28
18.68
7.32
12.4
8.6
11.25

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
18,394
15,274
15,302
LT Borrowings
8,072
7,703
7,334
LT Finance Leases
- -
418
386
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
53
53
53
Market Capitalization
426,384
345,774
227,511

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
78,461
67,343
76,027
Cash, Cash Equivalents & STI
45,616
40,241
41,732
Accounts Receivable, Net
20,487
9,766
12,297
Inventories
- -
- -
100
Total Current Liabilities
45,946
36,251
36,999
Payables & Accruals
- -
- -
- -
ST Debt
18,394
15,274
15,302
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
29.88%
14.93%
Free Cash Flow
- -
44.81%
139.84%
Net Income, GAAP
- -
29.85%
-20.57%
Sales/Revenue/Turnover
- -
25.18%
5.78%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
16,411
21,962
21,317
29,113
88,803
2025
16,917
21,499
23,573
31,948
93,938
2026
20,224
26,448
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-14
51
37
133.83
207
2025
-16
17
30.13
132.75
164
2026
2.3
52.38
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

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

Company Description

CEO
Hyun-Sub Bae
Full Time Employees
478
Sector
Technology services
Industry
Information technology services
Address
Seongnam-si South Korea
IPO Date
Apr 28, 2023
Business
Suresofttech, Inc. is a South Korea-based software engineering and technology company that specializes in automated software verification, validation, and reliability solutions for safety-critical and mission-critical industries. The company develops and commercializes proprietary software testing automation tools, system simulation platforms, and professional engineering consulting services that ensure software quality, cyber security, and functional safety compliance with global industrial standards such as ISO 26262 for automotive, IEC 61508 for industrial automation, IEC 60880 for nuclear power, and DO-178C for aerospace. Suresofttech serves Tier-1 manufacturers, equipment developers, and technology enterprises across key sectors, including automotive, defense, aerospace, nuclear energy, rail transportation, robotics, and medical devices. The company offers a comprehensive portfolio of software development lifecycle solutions organized across verification automation tools, artificial intelligence testing platforms, and engineering services. Its core product suite includes CodeScroll Controller Tester (CT), an automated dynamic testing tool for unit and integration verification in embedded software environments; CodeScroll Code Inspector (STATIC), a static code analysis tool designed to identify coding rule violations and latent runtime defects; QualityScroll COVER, an automated code coverage measurement solution tracking statement, branch, and MC/DC metrics; VPES (Verification and Validation Process Execution System), an integrated project management and compliance audit platform for mission-critical software; AUTOSIM and SIMVA, virtual simulation environments for autonomous vehicle algorithms and robotics validation; and the VERIFAI suite (including VERIFAI-A, VERIFAI-B, and VERIFAI-X), an AI reliability assessment platform that delivers automated testing, benchmark evaluation, and safety validation for large language models, retrieval-augmented generation architectures, and physical AI systems. Suresofttech additionally delivers third-party software testing services, functional safety certification consulting, and custom automated test bench integration. In recent strategic developments, Suresofttech has expanded its technological scope toward Software-Defined Vehicle (SDV) architectures, Vertical AI, and Physical AI. The company completed its public listing on the KOSDAQ market (KRX: 298830) through a merger with NH SPAC 22. To enhance its vehicle data analytics and AI processing capabilities, Suresofttech acquired a majority controlling interest in Mobigen Co., Ltd., a specialized big data and telecommunications software enterprise. The company maintains a close strategic alliance with Hyundai Motor Company, which holds an approximate 15.6% equity stake as its second-largest shareholder, collaborating extensively on automotive software validation frameworks and autonomous driving reliability. In addition, Suresofttech recently commercialized its VERIFAI product line to capture rising demand for generative AI validation and corporate LLM performance assurance. Founded in 2002, Suresofttech is headquartered in Seongnam-si, Gyeonggi-do, South Korea, and conducts international operations through global subsidiaries including V-cubed Solutions Inc. in the United States and Qingdao Suresoft Technology Co., Ltd. in China, alongside domestic subsidiary SureDataLab.