[Korea Investment & Securities] Emro : A-grade performance in 2023, S-grade performance expected in 2024(2023.06)
This is the Emro report published by Chul-Hwan Yoon, analyst at Korea Investment & Securities.
Emro : A-grade performance in 2023, S-grade performance expected in 2024
A New Beginning: Moving Forward with Strength
A Leading Supply Chain Management Software company
– Korea’s No.1 SCM software provider
– Strategic partnerships with Samsung SDS and O9 Solutions draw attention
– Development of the world’s first integrated Supply Chain Management SaaS platform through partnerships among top-tier companies across
SCM segments
– Targeting the global market, which is roughly 60 times larger than the domestic market
2023 is expected to deliver A-grade performance; 2024 expected to deliver S-grade performance
– 2023 forecast: KRW 67.6bn revenue (+15.3% YoY), KRW 9.2bn operating profit (+41.3% YoY)
– Stable recurring revenue + accelerating growth in technology-driven revenue
– Core business growth combined with expected benefits from the strategic partnership with O9 Solutions beginning in 2024
