Model Solution Co., Ltd. (KOSDAQ:417970)

South Korea · Delayed Price · Currency is KRW

11,270

+440 (4.06%)

At close: Jul 23, 2026

Model Solution Financials Overview

Financials in millions KRW. Fiscal year is January - December.

Millions KRW. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	76,502	76,502	68,034	64,719	67,404	61,106
Revenue Growth	12.45%	12.45%	5.12%	-3.98%	10.31%	9.88%
Gross Profit	21,685	21,685	16,431	13,894	18,985	17,357
Operating Income	8,072	8,072	4,187	2,181	7,889	8,927
Net Income	6,829	6,829	5,288	2,501	6,274	7,466
Earnings Per Share	1067.57	1067.57	827.00	391.01	1114.57	1391.23
EPS Growth	29.09%	29.09%	111.50%	-64.92%	-19.89%	73.31%

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	45,900	45,900	47,614	35,493	37,780	15,870
Total Debt	12,852	12,852	13,987	15,249	15,565	12,271
Net Cash (Debt)	33,048	33,048	33,627	20,245	22,215	3,600
Net Cash Growth	-1.72%	-1.72%	66.10%	-8.87%	517.18%	286.37%
Net Cash Per Share	5166.46	5166.46	5258.61	3164.87	3946.49	670.71

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	2,812	2,812	15,947	5,060	1,254	9,873
Capital Expenditures	-694.8	-694.8	-1,761	-3,969	-4,567	-1,841
Free Cash Flow	2,117	2,117	14,186	1,091	-3,313	8,032
Free Cash Flow Growth	-85.08%	-85.08%	1200.35%	-	-	6.03%

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	28.34%	28.34%	24.15%	21.47%	28.17%	28.40%
Operating Margin	10.55%	10.55%	6.16%	3.37%	11.70%	14.61%
Pretax Margin	11.02%	11.02%	9.07%	5.34%	12.09%	15.60%
Profit Margin	8.93%	8.93%	7.77%	3.86%	9.31%	12.22%
FCF Margin	2.77%	2.77%	20.85%	1.69%	-4.91%	13.14%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul '26 Jul 24, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	10.30	24.54	10.77	38.90	17.94	-
P/FCF Ratio	33.23	79.16	4.01	89.18	-	-
PS Ratio	0.92	2.19	0.84	1.50	1.67	-