CrowdWorks, Inc.

CrowdWorks, Inc.

KKRX:355390
1,257.00
KRW
-78.00
(-5.84%)
-1,312.37EPS
27.16BMarket Cap
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
84,716.7
2,130.15
2,438.69
2,731.24
2,726.21
602.26
971.85
848.54
Basic EPS, GAAP
-98,709.24
-1,742.09
-6,907.65
-3,109.79
-1,089.02
-442.27
-1,965
-1,279.05
Free Cash Flow per Basic Share
-27,231.63
-808.87
-2,017.83
-1,132.3
-525.06
-542.24
-1,051.65
-763.37
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-342.4
-963.4
-3,406.96
458.2
1,490.52
962.71
1,264.79
1,312.53
Tangible Book Value per Share
-344.89
-993.33
-3,524.23
339.93
1,324.39
809.61
893.65
1,166.83
Basic Weighted Avg Shares
- -
3
4
4
9
20
11
14
Sales/Revenue/Turnover
2,770
7,395
8,686
11,896
23,978
12,014
10,484
11,790
Operating Margin (%)
-49.65
-64.39
-61.23
-53.03
-7.45
-97.61
-127.49
-111.29
Depreciation Expense
111
421
588
606
638
1,088
1,243
1,380
Net Income, GAAP
-3,227
-6,048
-24,603
-13,545
-9,578
-8,822
-21,198
-17,772
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-116.52
-81.78
-283.25
-113.86
-39.95
-73.44
-202.19
-150.74
Working Capital
10,330
998
-26,641
3,126
9,574
-1,163
3,822
9,681
LT Debt
159
19
923
646
1,368
573
232
116
Total Equity
-3,241
-9,119
-31,984
4,796
14,712
10,316
16,814
20,691
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
-102.83
-72.05
-154.76
-130.46

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
16,059
14,422
10,696
LT Borrowings
- -
- -
- -
LT Finance Leases
232
181
116
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
14
16
16
Market Capitalization
45,890
38,616
27,156

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
26,427
27,788
25,247
Cash, Cash Equivalents & STI
22,564
21,314
18,239
Accounts Receivable, Net
783
420
471
Inventories
12
52
- -
Total Current Liabilities
22,605
19,134
15,565
Payables & Accruals
- -
- -
- -
ST Debt
16,059
14,422
10,696
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
75.12%
62.99%
Free Cash Flow
- -
51.46%
4.89%
Net Income, GAAP
- -
72.99%
140.28%
Sales/Revenue/Turnover
- -
18.67%
-12.73%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,656
1,832
2,229
5,297
12,014
2025
1,900
1,994
2,352
4,238
10,484
2026
2,849
2,351
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-370.5
-118.05
-212.91
72.35
-442.27
2025
-315.14
-532.07
-276.67
-653.9
-1,965
2026
-180.72
-194
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

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

Company Description

CEO
Woo-Seung Kim
Full Time Employees
113
Sector
Technology services
Industry
Packaged software
Address
Seoul South Korea
IPO Date
Aug 31, 2023
Business
CrowdWorks, Inc. is a South Korea-based artificial intelligence technology company that specializes in AI training data platform solutions, generative AI development, and enterprise artificial intelligence transformation services. Founded in 2017 and headquartered in Seoul, South Korea, the company serves enterprise clients, technology conglomerates, research institutions, and government agencies across South Korea and international markets. The company operates through three primary business areas: AI Data Solutions, Enterprise Generative AI, and AI Workforce Education. Its product and service offerings comprise: Workstage, a proprietary data lifecycle management platform that facilitates multi-modal data collection, processing, and quality validation; crowdsourced data annotation services, utilizing a proprietary network of human annotators to structure natural language, computer vision, video, speech, and 3D LiDAR point-cloud datasets; WorksOne, a domain-customized Small Language Model platform developed for private enterprise environments; Alpy, an agentic AI development solution designed to build and deploy autonomous workflow agents; end-to-end Large Language Model engineering services, including data structuring, domain-specific fine-tuning, Reinforcement Learning from Human Feedback, red-teaming security evaluations, and performance benchmarking; and corporate training services operated through its CrowdAcademy division, delivering professional AI upskilling, data scientist training, and corporate AI enablement programs. In recent developments, CrowdWorks, Inc. has executed a strategic transition toward full-stack generative AI and agentic software solutions, commercializing WorksOne and Alpy while deepening its collaborative partnership with Naver Corporation to supply foundational data for the HyperCLOVA X ecosystem. The company has expanded its public and defense-sector engagements, entering into a strategic partnership with KS Industry to integrate data management infrastructure into the SentinAI military edge AI platform and securing institutional data supply agreements with municipal procurement authorities. In 2026, the company completed a KRW 4.0 billion private convertible bond issuance to fund targeted corporate acquisitions and technological expansion, alongside implementing executive management restructuring and amending its corporate charter to incorporate convergent digital systems, communications equipment, and interactive media services.