[Click eStock] "Vive Company Secures Position in Digital Twin and Metaverse Business"

NH Investment & Securities Report

[Asia Economy Reporter Minji Lee] NH Investment & Securities stated on the 28th that Vibe Company is rapidly securing its position in the digital twin and metaverse markets, and it is expected that its sales will grow significantly next year.

Junki Baek, a researcher at NH Investment & Securities, said about Vibe Company, "The company's digital twin and metaverse businesses, mentioned earlier this year, are showing actual results, so the investment appeal remains valid."

The digital twin business is expanding orders in the smart city sector, with sales expected to exceed 5 billion KRW next year. In the metaverse sector, the company plans to build an ecosystem by launching its own platform service next year. In particular, synergy is expected between Aegis, in which the company has invested (which possesses core 3D spatial information technology), and the company's digital twin business.

Another point to note is the AI asset management business of its consolidated subsidiary Quantit. Quantit is preparing a financial asset management platform business under the name Finter. Researcher Junki Baek said, "Although many AI-based robo-advisor apps have been launched, Quantit has a differentiating point in that it covers virtual currencies as well," adding, "Next year, the launch of a Korean version of the virtual asset discretionary app and entry into the discretionary investment business through obtaining investment advisory firm licenses are expected to lead to significant sales growth."

This year's sales are expected to reach 40.5 billion KRW, a 58% increase compared to the same period last year, while an operating loss of 8.3 billion KRW is projected. Researcher Junki Baek explained, "It is necessary to focus on the first-mover advantage like Palantir in the U.S. rather than short-term profits," adding, "Since most orders are currently at the initial project stage, considering the personnel involved, profit margins are inevitably low." It is expected to take time for the AI-based solution base to expand and for line effects to occur. Next year's sales are analyzed to grow by 43% compared to one year ago, reaching 68.2 billion KRW.