[Click e-Stock] "Vact Expected to Grow Through Diverse New Businesses"

Independent research firm Aris analyzed on September 16 that various new businesses are expected to become the next growth engines for Vact. The firm did not provide an investment opinion or target price.

Jaemo Lee, a researcher at Aris, stated, "Vact is pursuing high value-added new businesses by combining its existing digital signage industry value chain with capabilities in content, platforms, artificial intelligence (AI), and analytics." He added, "The main new businesses include media art, robotics, and metaverse ventures."

He explained, "Vact is strengthening its media art exhibition planning solutions that span beyond physical spaces to include virtual and mixed reality environments. Recently, by integrating with various industries such as entertainment and stage performances, the company is responding to new digital signage market demands."

He further emphasized, "Vact is entering the subscription-based media art content market by connecting display owners, media art creators, and brands. The company is also exploring business opportunities that link its existing operations with robotic solutions, having signed a memorandum of understanding (MOU) with a specialized robotics company."

In the first half of this year, Vact recorded sales of 27.4 billion won and an operating loss of 1.4 billion won. He said, "Performance tends to be concentrated in the fourth quarter, so sales growth in the second half is expected to surpass that of the first half." He also noted, "This year's business variables include delays in budget execution due to factors such as supply prices in the public procurement market and agency commissions."

However, Aris expects Vact's sales to reach around 80 billion won by 2026. He projected, "With the emergence of new revenue sources such as new businesses, Vact will take a step beyond its previous sales level in the 60 billion won range."