Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
100590.KQ
STRONG SELLREMOVEMercury Corporation · Technology · South Korea · $64M · Avg Vol: $10M/d
Mercury Corporation is a low-margin telecom equipment manufacturer facing intense competition and highly cyclical carrier capex, with no observable economic moat.
COMPANY DESCRIPTION
Mercury Corporation is a South Korean telecommunications equipment manufacturer specializing in access point (AP) routers, optical fiber cables, and smart home IoT devices. The company is a key supplier to South Korea's major telecommunications operators, including KT, SK Telecom, and LG Uplus, holding a dominant share of the domestic home Wi-Fi router market. Mercury's competitive moat is secured by its long-term carrier relationships, customized software integration, and early leadership in next-generation Wi-Fi technologies.
FINANCIAL SUMMARY
| Year | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|
| Revenue | 107M | 101M | 88M | 82M | -8.8% |
| EPS | 0.02 | 0.14 | -0.06 | -0.10 | 500.0% |
| Shares | 15M | 16M | 16M | 16M | +4.5% |
| Debt | 18M | 13M | 7M | 7M | -27.8% |
| Equity | 59M | 65M | 64M | 93M | 15.9% |
| Op CF | -10M | 11M | 4M | 7M | -20.0% |
| Inv CF | 8M | -4M | 2M | -949,642 | — |
| Fin CF | -9M | -3M | -7M | -566,030 | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Technology, ranked by industry match, size, and score similarity. Cross-listings of 100590.KQ are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| 100590.KQ | Mercury Corporation(you) | $64M | 17 | STRONG SELL |
| 115440.KQ | WooriNet, Inc. | $69M | 22 | SELL |
| 211270.KQ | Asia Pacific Satellite Inc. | $116M | 17 | STRONG SELL |
| 175140.KQ | HUMAN TECHNOLOGY Co., Ltd | $52M | 7 | STRONG SELL |
| 062970.KQ | KOREA ADVANCED MATERIALS Co., Ltd. | $89M | 7 | STRONG SELL |
| 361390.KQ | Genohco., Inc. | $123M | 12 | STRONG SELL |
| 192410.KQ | ONEUL E&M co.,Ltd. | $71M | 33 | SELL |
| 069540.KQ | Lightron Fiber-Optic Devices Inc. | $147M | 11 | STRONG SELL |
| 388790.KQ | IBKS No.16 Special Purpose Acquisition Company | $159M | 20 | SELL |
| 039560.KQ | DASAN Networks, Inc. | $100M | 31 | SELL |
Peer medians: ROE 5.1% · P/E 25.4x · Gross margin 22.5%