Company Valuation: FLITTO Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 64,823 254,105 133,679 151,840 99,218 276,301
Change - 292% -47.39% 13.59% -34.66% 178.48%
Enterprise Value (EV) 1 43,821 237,311 124,855 149,586 89,919 256,889
Change - 441.55% -47.39% 19.81% -39.89% 185.69%
P/E -21.8x -44x -22.8x -22.3x 122x 43x
PBR 3.06x 14.8x 11.1x 34.7x 9.01x 16.1x
PEG - -0.5x -18.23x -1.5x -1x 0x
Capitalization / Revenue 8.71x 27.2x 9.8x 8.55x 4.89x 7.68x
EV / Revenue 5.89x 25.4x 9.15x 8.42x 4.43x 7.14x
EV / EBITDA -15x -42.2x -21x -35.1x 267x 36.9x
EV / EBIT -12.8x -38.6x -18.9x -29.4x -227x 41.7x
EV / FCF -43.3x -57x -20.3x -56.5x -318x 39.6x
FCF Yield -2.31% -1.76% -4.92% -1.77% -0.31% 2.53%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -190.8 -371.6 -376.2 -433.4 49.19 389
Distribution rate - - - - - -
Net sales 1 7,439 9,338 13,639 17,761 20,301 35,980
EBITDA 1 -2,925 -5,624 -5,950 -4,267 336.3 6,953
EBIT 1 -3,410 -6,144 -6,595 -5,094 -396.3 6,154
Net income 1 -2,962 -5,781 -5,868 -6,793 809.3 6,448
Net Debt 1 -21,002 -16,794 -8,823 -2,253 -9,300 -19,412
Reference price 2 4,166.67 16,333.33 8,566.67 9,683.33 6,016.67 16,740.00
Nbr of stocks (in thousands) 15,557 15,557 15,605 15,681 16,491 16,505
Announcement Date 3/18/21 3/17/22 3/23/23 3/20/24 3/20/25 3/19/26
1KRW in Million2KRW
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 78.49M
22.5x8.63x14.29x0.94% 2,901B
91x36.71x61.2x-.--% 295B
477.23x20.55x82.55x-.--% 94.04B
69.46x14.63x30.94x-.--% 91.78B
138.47x8.17x20.84x-.--% 71.55B
36.06x1.9x14.88x-.--% 66.37B
120.09x5.26x25.78x-.--% 46.08B
-33.64x4.43x21.19x-.--% 35.89B
21.1x3.98x10.98x1.34% 31.65B
Average 104.70x 11.58x 31.41x 0.25% 363.34B
Weighted average by Cap. 44.22x 11.11x 20.61x 0.76%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA