Actoz Soft액토즈소프트

Actoz Soft's trailing profit is strong relative to revenue, but its revenue has shrunk for two years and the shares are down 31.5% over the past year.

Actoz Soft is a Korean game developer and publisher that earns most of its money from licensing its game intellectual property, alongside online game operations. Trailing twelve-month revenue to H1 2026 was ₩74.2B with operating income of ₩37.9B and net income of ₩53.0B, and the company reports ₩94.4B in cash and no borrowings. The share price closed at ₩4,495 on 2026-10-26, well below its 52-week high of ₩6,930.

What stands out

• Revenue fell 12.2% in 2025 to ₩69.9B, following a 10.9% drop in 2024, so the top line has declined for two years.
• Trailing operating margin is 51.1%, up from 40.9% in 2025, though the data does not explain what drove the change.
• Trailing net income of ₩53.0B is well above operating income, and the filings data does not explain the gap.
• The filings list shows several lawsuit-related entries in June 2026 and an amended annual report for 2025 in May 2026, but the data does not give details of either.
• Foreign ownership rose slightly to 53.3% from 52.9% over about 60 days, while 20-day net flows were negative for foreign and institutional investors and positive for retail.

What to watch

• The next filings, including the Q3 2026 quarterly report, will show whether revenue decline is continuing.
• The lawsuit entries from June 2026 could matter, but the data does not say what they concern or their potential impact.
• The fair value model in the data gives a base of ₩57,988 with a bear case of ₩45,337 and a bull case of ₩78,253; these are model outputs, not forecasts, and they rely on assumptions that may not hold.