[Click e-Stock] "Point Mobile Expected to Diversify Revenue Through Entry into K-Defense Market"

Independent research firm Aris analyzed on July 18 that Point Mobile is expected to diversify its revenue streams through entry into the K-defense industry market. The firm did not provide an investment opinion or target price.

Lee Jaemo, a researcher at Aris, stated, "In December last year, Point Mobile signed a contract worth 5 billion won to supply advanced 5G wireless communication devices to the Mexican police. As global demand for wireless communication devices increases, Point Mobile is also expanding its presence in the defense industry market."

He added, "Recently, the company signed a contract with a global T company to develop and supply military radios. Amid the ongoing conflict between the United States and China, there is a growing reluctance to use Chinese IT devices. With its technological capabilities and geopolitical advantages, Point Mobile has secured new opportunities to develop and supply products in the defense sector."

He also highlighted POS terminals as another promising area. Point Mobile is scheduled to begin supplying POS terminals to a major domestic conglomerate starting in March this year. He emphasized, "The POS terminal market is trending toward a transition to Android operating systems. Point Mobile plans to develop and supply smart POS devices for domestic conglomerates, leveraging its larger research workforce and extensive development experience compared to competitors."

Aris projected that Point Mobile's revenue and operating profit for this year will reach 100 billion won and 9 billion won, respectively. He said, "Revenue growth is expected due to confirmed orders from Amazon and product supply to new clients. We anticipate a growth rate of nearly 30% in revenue compared to the previous year."

This content was produced with the assistance of AI translation services.