[Featured Stock] Emro Rises on Expectations of Overseas Success

Emro is showing strength. Securities firms' analysis expecting results from overseas expansion seems to be influencing the stock price.

As of 10:32 AM on the 10th, Emro is trading at 46,950 KRW, up 7.81% from the previous day.

Shinhan Investment Corp. analyzed that Emro, an AI-based supply chain management software company, is expected to experience substantial growth due to the expansion of the SRM software market, leveraging its unique strengths in the direct procurement area.

Aram Kim, Senior Researcher at Shinhan Investment Corp., explained, "The global SRM software sector is an early-stage market compared to other enterprise software markets," and "Emro's overseas business has been progressing smoothly since securing its first client last October." She added, "As references accumulate this year and the pace of acquiring additional clients accelerates, tangible results are expected starting next year."

She continued, "The overseas business is still in its early stages, focusing on increasing investments and securing references," and forecasted, "Although profit improvement this year may not be significant, double-digit growth is expected to continue this year due to the monetization of large projects ordered last year and increased revenue per customer through the upgrade of the supply chain management software SMARTsuite v10.0."

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