EMRO (058970) IBK Investment & Securities NDR meeting presentation summary

Business overview

• Leading provider of AI-based enterprise supply chain management software, serving over 550 clients including major conglomerates across industries.

• Offers end-to-end SRM solutions, integrating procurement, supplier management, cost analysis, and AI-driven digital transformation.

• Software adoption enhances transparency, efficiency, and cost savings in procurement, with standardized processes and real-time monitoring.

• Flexible business model with both on-premise and cloud SaaS offerings, generating recurring revenue through licenses, consulting, and support.

• Demonstrated strong AI capabilities in cost analysis, demand forecasting, and price optimization, with proven results for top-tier clients.

Market position and growth

• Recognized as a market leader in Korea, with a growing presence in global supply chain software markets.

• Customer base has steadily increased, with significant growth in cloud and AI solution adoption.

• Achieved record-high Q1 2024 revenue of KRW 14.6 billion, driven by digital transformation trends.

• Technology-based revenue accounted for 37% of total sales in Q1 2024, with a target to exceed 50%.

• Maintains a robust order backlog, reaching KRW 70 billion in April 2024, supporting future revenue stability.

Global expansion and innovation

• Developed the world's first integrated SCM SaaS platform in partnership with leading global firms, enabling rapid, no-code application deployment.

• Targeting the US and other major markets, leveraging partnerships and industry events to build references and credibility.

• Secured US patent for AI-driven procurement data analysis, validating technological leadership.

• Selected by Forrester as a key supplier value management platform alongside global leaders.

• Launched SMARTsuite 10.0, a globally standardized, feature-rich SRM solution with enhanced UI/UX.