[Click eStock] "T3, Audition IP Expansion Is an Ongoing Process"

Mirae Asset Securities analyzed on the 24th that the expansion of the audition intellectual property (IP) by T3 is currently ongoing.

Heeseok Lim, a researcher at Mirae Asset Securities, explained, “One of the anticipated projects in preparation is Audition Life, scheduled for release in the first half of 2025,” adding, “The genre is a casual MMO life simulation game, and it is planned to be released on the PC platform.”

This game is a metaverse game where players can experience a free life and various occupations in a virtual world. Within the game, players can create their own unique characters through thousands of different outfit combinations and free character customization, decorate and expand their homes, and meet and communicate with friends.

He analyzed, “Since it is a simulation game based on the globally recognized Audition IP, it has the potential for global success.”

He continued, “On the 17th, a mid- to long-term shareholder return policy roadmap to enhance shareholder value was announced,” and stated, “On that day, 3.7 million treasury shares, equivalent to 5.5% of the total issued shares, will be canceled, and the remaining treasury shares and additional purchases will be canceled later to enhance corporate value.”

He explained, “Over the next three years (2024?2026), more than 50% of the separate operating profit each year will be used for treasury stock purchases and dividends to enhance shareholder value,” adding, “The existing policy was a 30% dividend of separate net profit, and since the KOSDAQ listing in November 2022, shareholder returns (dividends and treasury stock purchases) amounting to approximately 17.8 billion KRW have been implemented.”