91App Inc

6741 · TWO · Technology / Software - Infrastructure

43.00TWD+1.65 (+3.99%)

Price History

Full chart

Market Stats

Previous Close41.35

Open42.20

Day Range41.65 – 43.40

52-Week Range53.00 – 83.47

Volume491.16K

Market Cap6.64B

P/E (TTM)11.53

Forward P/E0.00

EPS4.78

Dividend Yield3.73%

Beta0.57

50-Day Avg56.87

200-Day Avg62.35

About

91APP, Inc., a Software-as-a-Service company, provides information system software and e-commerce value-added services in Taiwan, Hong Kong, Singapore, and Malaysia. The company offers commerce and marketing cloud; 91APP payments; retail media marketing; and OMO Essential, OMO advanced, and OMO enterprise solutions. It also provides 360 TP Operation, a digital agency for brand management activities, such as official website operation, commodity management, marketing activities, e-commerce platform operation, advertisement/video, order processing/customer service, data analysis, and brand OMO consultation. It serves ecommerce stores, brick-and-mortar business owners, and mega-chain store enterprises. The company was incorporated in 2013 and is headquartered in Taipei City, Taiwan.

Company Details

SectorTechnology
IndustrySoftware - Infrastructure
CEOMr. Ying-Chi Ho
Employees0
HeadquartersNo. 5, Lane 768, Bade Road, Taipei, Taiwan, Taiwan
Websitehttps://91app.com

Leadership

Mr. Ying-Chi HoChairman & Co-CEO
Mr. Ming-Fang YangCo-CEO, GM & Director
Mr. Steven HoFounder
Mr. Po-Shou YuSenior Vice President of Operation Division
Ms. Mei-Hsien PuSenior Vice President of Accounting Division
Lo ParisChief Marketing Officer
Mr. Yen-Chin FangVice President of Human Resources & Partner Division
Mr. Ta-Wei LinSenior Vice President of Product Development Division
Mr. Kuen-Mou LeeSenior VP of united Product Development Division & Director
Mr. Chun-Yu WangSenior Vice President of Taiwan Sales Division

Financials

Income Statement

Currency: TWD	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	531.45M	669.22M	875.21M	1.10B	1.26B	1.39B	1.62B	1.81B
Growth (%)	-	+25.92%	+30.78%	+25.79%	+14.71%	+10.00%	+16.56%	+11.57%
Cost of Revenue	172.42M	234.23M	239.32M	270.48M	314.51M	347.78M	414.57M	465.37M
Gross Profit	359.02M	434.99M	635.89M	830.45M	948.33M	1.04B	1.20B	1.34B
Gross Margin	67.56%	65.00%	72.66%	75.43%	75.10%	74.96%	74.40%	74.24%
Operating Expense	303.54M	320.05M	380.89M	456.05M	521.49M	523.04M	675.57M	752.26M
Operating Income	55.49M	114.95M	255.00M	374.40M	426.84M	518.35M	529.07M	588.96M
Operating Margin	10.44%	17.18%	29.14%	34.01%	33.80%	37.31%	32.67%	32.60%
EBITDA	78.65M	114.95M	274.79M	397.18M	463.79M	557.47M	655.21M	690.40M
EBITDA Margin	14.80%	17.18%	31.40%	36.08%	36.73%	40.13%	40.46%	38.22%
Net Income	73.83M	103.06M	206.21M	298.41M	337.88M	398.24M	497.81M	507.52M
Net Income Margin	13.89%	15.40%	23.56%	27.11%	26.76%	28.67%	30.74%	28.09%
R&D	49.53M	72.49M	89.55M	119.05M	125.29M	142.21M	155.53M	209.07M
R&D as % of Total Revenue	9.32%	10.83%	10.23%	10.81%	9.92%	10.24%	9.61%	11.57%
Interest Expense	1.00K	383.00K	652.00K	290.00K	449.00K	436.00K	751.00K	1.40M
Interest Expense % of Total Revenue	0.00%	0.06%	0.07%	0.03%	0.04%	0.03%	0.05%	0.08%

Balance Sheet

Currency: TWD	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	1.59B	1.45B	1.82B	4.19B	3.94B	4.24B	5.03B	5.10B
Total Liabilities	1.03B	200.00K	964.76M	1.78B	1.43B	1.43B	1.77B	1.91B
Total Equity	562.80M	656.76M	849.71M	2.41B	2.50B	2.81B	3.25B	3.18B
Cash	995.90M	261.88M	767.70M	643.99M	2.47B	1.50B	1.63B	1.59B
Total Debt	-	11.47M	11.48M	23.99M	39.54M	25.86M	-	-
Net Debt	-	-250.42M	-756.22M	-620.00M	-2.43B	-1.47B	-	-

Cash Flow

Currency: TWD	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	202.89M	-167.50M	382.30M	-268.69M	581.03M	505.76M	478.67M	570.04M
Investing Cash Flow	-192.80M	-547.55M	151.91M	-1.09B	1.53B	-	-	-
Financing Cash Flow	264.38M	-10.06M	-11.41M	1.26B	-414.88M	-105.55M	-	-
Capital Expenditure	10.59M	8.69M	6.39M	20.07M	22.47M	5.45M	10.43M	13.36M
Free Cash Flow	192.30M	-176.19M	375.91M	-288.77M	558.56M	500.31M	468.23M	556.67M
Dividends Paid	-	57.88M	57.88M	57.88M	57.88M	82.66M	112.17M	199.55M
FCF to OCF	94.78%	105.19%	98.33%	107.47%	96.13%	98.92%	97.82%	97.66%
Dividend Paid to FCF	-	-32.85%	15.40%	-20.04%	10.36%	16.52%	23.96%	35.85%

Earnings

Report Date	May 16, 2021	Sep 23, 2021	Nov 11, 2021	Mar 15, 2022	May 12, 2022	Aug 17, 2022	Nov 10, 2022	Mar 13, 2023	May 11, 2023	Aug 17, 2023	Nov 14, 2023	Mar 15, 2024	May 7, 2024	Aug 22, 2024	Nov 14, 2024	Mar 6, 2025	May 15, 2025	Aug 21, 2025	Nov 14, 2025	Mar 13, 2026	May 15, 2026	Aug 21, 2026
EPS Estimate	-	0.36	0.02	0.73	-	-	0.02	0.03	0.67	0.02	0.02	0.04	0.89	0.03	0.03	0.04	1.07	0.03	0.03	0.05	0.04	0.04
EPS Actual	0.37	0.70	0.02	0.83	0.55	0.60	0.02	0.03	0.64	0.03	0.03	0.03	1.02	0.03	0.03	0.04	1.14	0.03	0.03	0.05	0.04	0.04
Surprise	-	94.44%	0.00%	13.70%	-	-	0.00%	0.00%	-4.48%	50.00%	50.00%	-25.00%	14.61%	0.00%	0.00%	0.00%	6.54%	0.00%	0.00%	0.00%	0.00%	0.00%
Timing	Pre-market	Pre-market	Pre-market	After-hours	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market

Key Statistics & Ratios

Market Cap6.64B

Enterprise Value3.53B

Trailing P/E11.53

Forward P/E0.00

Price / Sales3.21

Price / Book2.07

EPS4.78

Book Value26.96

Revenue (TTM)2.07B

Gross Profit (TTM)1.55B

EBITDA635.06M

Profit Margin26.16%

Operating Margin26.45%

Return on Equity18.66%

Return on Assets7.92%

Shares Outstanding120.58M

Shares Float63.27M

Beta0.57

Dividend Yield3.73%

Dividend Rate2.05

Payout Ratio12.84%

Dividends

20261×

2.05Jun 15, 2026

20251×

1.74Jun 10, 2025

20241×

0.95Jul 16, 2024

20231×

0.70Jul 17, 2023

20221×

0.49Jul 20, 2022