1. Taiwan Stocks

  2. •

    Technology services

  3. •

    Packaged software
91APP, Inc.

91APP, Inc.

TTPEX:6741
48.95
TWD
-0.70
(-1.41%)
4.76EPS
12.78P/E
6.73BMarket Cap
Nov 12Next Earn
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
6.67
6.24
8.17
9.54
10.59
11.76
13.71
15.68
18.15
Basic EPS, GAAP
0.93
0.96
1.92
2.58
2.83
3.37
4.22
4.4
4.75
Free Cash Flow per Basic Share
2.41
-1.64
3.51
-2.5
4.69
4.24
3.97
4.83
6.39
Dividend per Share
- -
- -
- -
- -
0.49
0.7
0.95
1.73
- -
Book Value per Share
4.6
5.45
7.05
19.96
21.2
23.77
27.51
27.79
26.95
Tangible Book Value per Share
4.57
5.39
7.02
19.94
21.15
23.72
27.45
19.58
18.54
Basic Weighted Avg Shares
80
107
107
115
119
118
118
115
114
Sales/Revenue/Turnover
531
669
875
1,101
1,263
1,389
1,619
1,807
2,071
Operating Margin (%)
10.44
17.19
27.86
33.45
32.51
30.48
32.67
32.6
30.01
Depreciation Expense
9
20
20
23
37
39
39
35
50
Net Income, GAAP
74
103
206
298
338
398
498
508
542
Effective Tax Rate (%)
- -
20.24
18.5
20.14
20.56
23.02
19.2
22.15
21.19
Profit Margin (%)
13.89
15.4
23.56
27.11
26.76
28.67
30.74
28.09
26.16
Working Capital
536
591
736
2,130
2,206
2,205
2,469
1,284
1,095
LT Debt
- -
3
4
11
18
6
29
25
22
Total Equity
563
661
854
2,412
2,510
2,814
3,254
3,190
3,000
Return on Invested Capital (%)
- -
14.6
24.88
17.3
12.77
11.79
13.55
13.61
16.06
Return on Capital (%)
- -
16.78
26.75
18.07
13.54
14.78
16.25
15.49
18.17
Return on Common Equity (%)
- -
17.02
27.38
18.33
13.76
15
16.44
15.79
18.58

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
28
27
26
LT Borrowings
- -
- -
- -
LT Finance Leases
25
23
22
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
115
115
111
Market Capitalization
8,474
6,813
6,732

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
3,150
3,218
3,160
Cash, Cash Equivalents & STI
2,642
2,735
2,698
Accounts Receivable, Net
132
104
106
Inventories
2
2
2
Total Current Liabilities
1,867
1,976
2,065
Payables & Accruals
- -
- -
- -
ST Debt
28
27
26
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
42.43%
-1.98%
Free Cash Flow
- -
-93.64%
18.89%
Net Income, GAAP
- -
20.55%
1.95%
Sales/Revenue/Turnover
- -
15.73%
11.57%
Total Cash Common Dividend
- -
- -
77.9%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
372
384
381
481
1,619
2025
412
423
422
550
1,807
2026
541
558
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.02
1
0.88
1.32
4.22
2025
1.16
0.82
0.99
1.46
4.4
2026
1.15
1.15
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.95
2025
- -
- -
- -
- -
1.73
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Ming Fang Yang
Full Time Employees
179
Sector
Technology services
Industry
Packaged software
Address
No. 5, Lane 768, Bade Road Taipei TP Taiwan
IPO Date
May 25, 2021
Website
91app.com
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Business
91App, Inc. 91APP, Inc. (6741.TWO) operates as a cloud-native Software-as-a-Service (SaaS) provider specializing in retail technology solutions, including omnichannel commerce platforms, e-commerce systems, customer relationship management (CRM) tools, marketing clouds, online-merge-offline (OMO) integrations, and data-driven retail media services; it delivers comprehensive turnkey offerings such as Commerce Solution for online stores and apps, OMO Essential, OMO Advanced, and OMO Enterprise packages for physical-digital hybrid operations, 360 TP Operation for digital agency management encompassing website operations, merchandising, marketing, e-commerce platform handling, advertising, order processing, customer service, and data analytics, alongside AI-powered traffic acquisition, personalized marketing, and big data consulting for retail brands pursuing direct-to-consumer (D2C) models. The company targets medium to large retail enterprises, brick-and-mortar owners, mega-chain stores, and e-commerce operators, serving markets in Taiwan, Hong Kong, Malaysia, Japan, and Singapore through its integrated RetailTech, AdTech, and emerging Food and Beverage Technology (F&BTech) platforms. Founded in 2013 and headquartered at 6F., No. 5, Ln. 768, Sec. 4, Bade Rd., Nangang Dist., Taipei City, Taiwan, 91App, Inc. listed on the Taipei Exchange (TPEx) in May 2021 as Taiwan's first publicly traded SaaS entity focused on retail cloud services. In recent developments, the company announces in November 2025 its subsidiary's agreement to acquire 100% of iCHEF Co., Ltd., a leading AI-powered restaurant technology firm, for US$32 million in cash to expand into the F&B sector, enhance AI capabilities, broaden its total addressable market, and integrate POS systems, reservation tools, QR code ordering, loyalty management, and sales analytics serving over 15,000 locations; this follows prior expansions via a Hong Kong startup acquisition for overseas presence, Malaysian partnerships for Southeast Asia growth, exclusive collaboration with Japan's Adastria Group in June 2025 to launch STAFF BOARD in Taiwan, strategic alliance with Dentsu Group in March 2025 for retail media innovation, and partnership with FLAPS in June 2025 to accelerate OMO for retail brands, alongside consistent monthly revenue records in 2025 driven by D2C momentum and retail AI advancements, culminating in record 2024 revenue of NT$1.619 billion and a proposed dividend of NT$1.69 per share.