[Click eStock] "Emro, the Race of a Profitable AI Software Company"

Korea Investment & Securities estimated on the 19th that AI supply chain management software company Emro will record sales of 81.1 billion KRW and operating profit of 9.2 billion KRW this year. This represents an increase of 27.4% and 97.2%, respectively, compared to last year.

Yoon Cheol-hwan, a researcher at Korea Investment & Securities, explained, "Emro has launched SMARTsuite v10.0 equipped with AI capabilities," adding, "It is growing based on the reflection of next-generation project sales from global leading companies and the full-scale growth of cloud services."

He continued, "Large-scale projects will continue to drive performance improvements in the fourth quarter," and added, "We expect to expand application to subsidiaries of client companies and overseas corporations."

He emphasized, "The proportion of highly profitable technology-based sales has also increased significantly," and stressed, "From the second quarter of this year, the leverage effect from increased sales has begun to take full effect." He also said, "We believe the rapid growth of a profitable AI software company has begun."

Researcher Yoon analyzed, "Last month, through Samsung SDS, we signed the first contract for the global SRM SaaS solution ‘Caidentia’ with a US electronics manufacturer," adding, "This proved the software competitiveness." He explained, "We expect to secure additional global clients within this year," and said, "Next year, the core will be improving profitability through the expansion of global cloud sales proportion and structural improvement through this."