1. Taiwan Stocks

  2. •

    Electronic technology

  3. •

    Semiconductors
BaaS Innovation Co., Ltd.

BaaS Innovation Co., Ltd.

TTPEX:3555
145.00
TWD
-11.50
(-7.35%)
8.06BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
166.27
58.66
21.27
8.35
9.71
8.37
6.37
5.9
0.73
0.9
2.33
2.31
8.19
- -
Basic EPS, GAAP
-103.62
-55.79
-18.38
0.5
3.1
-0.73
-2.04
-2.46
0.93
-4.27
-0.65
-0.19
1.28
- -
Free Cash Flow per Basic Share
-105.65
-12.84
-6.24
-3.95
-0.14
-7.31
-5.36
0.23
-1.08
1.69
0.37
-0.27
-3.4
- -
Dividend per Share
- -
- -
- -
- -
0.14
1.66
- -
- -
- -
0.2
- -
- -
- -
- -
Book Value per Share
47.53
31.69
5.84
16.47
17.48
15.11
13.06
10.59
11.52
7.06
6.35
9.38
13.82
20.69
Tangible Book Value per Share
41.04
25.23
5.83
16.45
17.47
15.09
13.04
10.58
11.51
7.06
1.72
5.41
11.27
18.14
Basic Weighted Avg Shares
5
6
16
23
26
26
26
26
26
26
28
28
34
39
Sales/Revenue/Turnover
883
335
331
194
250
216
164
152
19
23
65
65
282
- -
Operating Margin (%)
-65.9
-94.87
-87.69
4.87
-11.7
-21.19
-52.32
-21.28
-200.52
-139.67
-32.39
-39.94
-8.13
- -
Depreciation Expense
142
122
61
1
- -
1
4
2
2
1
1
3
2
- -
Net Income, GAAP
-550
-318
-286
12
80
-19
-53
-63
24
-110
-18
-5
44
- -
Effective Tax Rate (%)
- -
- -
- -
- -
6.91
- -
- -
- -
13.28
- -
- -
- -
- -
- -
Profit Margin (%)
-62.32
-95.11
-86.42
6.02
31.96
-8.66
-32.08
-41.7
128.24
-473.86
-28.02
-8.02
15.67
- -
Working Capital
345
131
83
213
384
386
339
269
295
180
76
174
444
709
LT Debt
75
10
- -
- -
- -
- -
14
- -
- -
- -
33
10
7
4
Total Equity
412
211
86
424
450
389
336
273
297
182
172
289
560
838
Return on Invested Capital (%)
- -
- -
- -
- -
-6.19
- -
- -
- -
-8.46
- -
- -
- -
-5.19
- -
Return on Capital (%)
- -
- -
- -
- -
18.28
- -
- -
- -
6.52
- -
- -
- -
11.5
- -
Return on Common Equity (%)
-80.48
-102.28
-193.06
4.59
18.28
-4.45
-14.51
-20.81
8.44
-45.99
-10.61
-2.34
10.61
- -

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
35
35
24
LT Borrowings
5
4
3
LT Finance Leases
2
3
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
40
40
40
Market Capitalization
3,392
5,960
8,060

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
523
814
852
Cash, Cash Equivalents & STI
364
573
670
Accounts Receivable, Net
28
27
7
Inventories
92
179
138
Total Current Liabilities
80
165
143
Payables & Accruals
- -
- -
- -
ST Debt
35
35
24
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
48.12%
25.27%
93.85%
Free Cash Flow
509.61%
75.41%
1,443.17%
Net Income, GAAP
-124.11%
-359.84%
-948.52%
Sales/Revenue/Turnover
39.41%
90.35%
334.57%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
19
8
16
22
65
2025
6
31
- -
106
282
2026
273
178
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.49
-0.29
0.16
0.34
-0.19
2025
-0.51
-0.32
- -
1.58
1.28
2026
5.45
1.41
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

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

Company Description

Company Profile APIChatGPT
CEO
Chi Cheng Huang
Full Time Employees
20
Sector
Electronic technology
Industry
Semiconductors
Address
No. 152, Zhongxiao East Rd New Taipei TP Taiwan 235
IPO Date
Mar 6, 2007
Website
iroc.com.tw
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Business
BaaS Innovation Co., Ltd. (3555.TWO) develops and provides blockchain-as-a-service (BaaS) platforms and related solutions for enterprise digital transformation. The company offers core products and services including the i-BaaS cloud-based blockchain platform, which supports smart contracts, decentralized applications (dApps), non-fungible tokens (NFTs), and supply chain traceability; enterprise-grade blockchain infrastructure with consensus algorithms and node management; customized BaaS solutions for industries such as finance, logistics, healthcare, and government; and integration services for legacy systems with blockchain technology, including API gateways and data oracles. These offerings enable secure, scalable decentralized networks for tokenization, digital identity verification, and cross-border transactions. Founded in 2018 and headquartered in Taipei, Taiwan, the company primarily serves corporate clients and government entities across Asia-Pacific regions, with expanding operations in Southeast Asia and partnerships in Japan and South Korea. In the last two years, BaaS Innovation has pursued strategic expansions, including a major partnership with a leading Taiwanese semiconductor firm in 2024 to integrate blockchain for supply chain transparency and anti-counterfeiting solutions; a Series B funding round in early 2025 raising NT$500 million to accelerate platform development and international market entry; and the launch of its i-BaaS 2.0 platform in mid-2025, featuring enhanced privacy-preserving computations and zero-knowledge proofs for regulatory-compliant DeFi applications. The company also acquired a minority stake in a Singapore-based Web3 startup in late 2024 to bolster its NFT marketplace capabilities and established a new R&D center in Kaohsiung, Taiwan, focusing on green blockchain technologies aligned with ESG standards. These initiatives reflect BaaS Innovation's shift toward comprehensive Web3 ecosystems, positioning it as a key player in Taiwan's burgeoning blockchain sector amid growing demand for sovereign digital infrastructure.