MICUBE Solution, Inc.

MICUBE Solution, Inc.

KKRX:373170
1,609.00
KRW
-30.00
(-1.83%)
88.67EPS
20.05P/E
26.87BMarket Cap
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1,953.63
1,616.39
2,392.11
1,939.75
1,965.6
1,695.17
1,495.58
Basic EPS, GAAP
-155.33
47.33
299.33
200.67
-9.46
107.9
88.67
Free Cash Flow per Basic Share
12.79
110.29
208.54
171.11
51.96
176.94
113.96
Dividend per Share
6.22
- -
15.37
- -
66.16
- -
- -
Book Value per Share
120.4
158.25
357.34
1,541.87
1,465.07
1,569.7
1,448.36
Tangible Book Value per Share
105.36
146.85
349.26
1,535.27
1,461.4
1,567.41
1,445.61
Basic Weighted Avg Shares
9
11
9
12
15
15
15
Sales/Revenue/Turnover
16,674
17,040
22,295
24,152
29,636
25,620
22,399
Operating Margin (%)
-7.61
2.23
12.82
7.45
-3.61
3.63
2.8
Depreciation Expense
489
461
486
667
749
725
- -
Net Income, GAAP
-1,326
499
2,790
2,499
-143
1,631
1,328
Effective Tax Rate (%)
- -
- -
3.33
- -
- -
- -
- -
Profit Margin (%)
-7.95
2.93
12.51
10.34
-0.48
6.37
5.93
Working Capital
1,680
2,449
4,596
22,501
21,700
23,502
21,455
LT Debt
267
167
126
615
90
1,961
1,703
Total Equity
1,803
2,352
5,179
23,071
22,143
23,724
21,890
Return on Invested Capital (%)
- -
8.62
49
- -
- -
- -
2.39
Return on Capital (%)
- -
12.62
53.25
- -
- -
- -
5.72
Return on Common Equity (%)
- -
24.71
74.67
17.69
-0.63
7.11
6.1

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,559
1,439
1,597
LT Borrowings
- -
- -
- -
LT Finance Leases
1,961
2,003
1,703
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
15
15
15
Market Capitalization
35,266
37,860
26,872

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
28,317
26,518
26,052
Cash, Cash Equivalents & STI
23,640
23,608
21,783
Accounts Receivable, Net
2,999
1,271
1,945
Inventories
- -
- -
- -
Total Current Liabilities
4,815
4,448
4,597
Payables & Accruals
- -
- -
- -
ST Debt
1,559
1,439
1,597
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
99.84%
7.14%
Free Cash Flow
- -
244.06%
241.33%
Net Income, GAAP
- -
-207.52%
-1,242.92%
Sales/Revenue/Turnover
- -
10.1%
-13.55%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
7,450
6,409
7,658
8,120
29,636
2025
6,050
7,410
6,109
6,052
25,620
2026
4,438
5,801
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
20.26
-55
41.33
-16.3
-9.46
2025
-11
-0.67
24.72
117.51
107.9
2026
-44
-11
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
66.16
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

Full Time Employees
253
Sector
Technology services
Industry
Packaged software
Address
Seoul South Korea
IPO Date
Aug 4, 2023
Business
MICUBE Solution, Inc. is a South Korea-based provider of smart factory software, manufacturing execution systems (MES), and artificial intelligence-driven industrial automation solutions. The company specializes in manufacturing digital transformation (DX) and autonomous manufacturing technologies for high-tech industries, including secondary batteries, semiconductors, electrical and electronic components, automotive, aerospace, chemicals, and food and beverage manufacturing. MICUBE Solution offers a comprehensive portfolio of proprietary software platforms and technical services, comprising manufacturing execution systems under SmartMES for real-time production scheduling, tracking, and shop-floor execution; equipment engineering systems under SmartEES, which incorporates recipe management systems (RMS), equipment performance tracking (EPT), and fault detection and classification (FDC); statistical process control systems through SmartSPC for automated defect tracking and variance reduction; engineering data analysis software via SmartEDA for yield analysis and process diagnostics; advanced planning and scheduling software via SmartAPS for digital twin-driven factory simulation; material control systems under SmartMCS for automated intralogistics; equipment communication and interface solutions via SmartEquipment; and manufacturing AI platforms under the MICUBE.AI brand, providing computer vision-based visual inspection, predictive equipment maintenance, sensor anomaly detection, and machine learning operations (MLOps). In addition, the company delivers end-to-end industrial software development, system integration (SI), digital transformation consulting, and technical maintenance services. Founded in 2005 and headquartered in Seoul, South Korea, MICUBE Solution operates primarily in South Korea and supports multinational production facilities across North America, Europe, and Asia for tier-one industrial clients such as Samsung SDI, Samsung Electro-Mechanics, and Samsung SDS. The company operates as a key subsidiary of industrial robotics specialist SPSYSTEMS Co., Ltd., which acquired a controlling stake to combine automated hardware systems with intelligent software. In recent developments, MICUBE Solution completed its initial public offering (IPO) and listed its shares on the KOSDAQ market of the Korea Exchange (Ticker: 373170) in August 2023. Following its public listing, the company has accelerated its strategic expansion into autonomous manufacturing by integrating generative AI and digital twin capabilities into its next-generation smart factory platforms. It has expanded international project execution across North American secondary battery supply chains, secured major South Korean government-backed national R&D initiatives for manufacturing AI infrastructure, and strengthened turnkey robotics and software automation collaborations with parent company SPSYSTEMS Co., Ltd.