Fiscal Year 2020 Business Portfolio Highlights: - Strengthened competitiveness was shown in all business units including Seoul headquarter, subsidiary and overseas corporations - Steady growth led by customer expansion - High expectation on AIOps (Artificial Intelligence for IT Operations), Integrated Cloud Management business sectors and Big Data Energy business - Commercialization of SaaS Service for main product lineup is under development, therefore more global opportunities are expected EXEM Co., Ltd. ([KOSDAQ: 205100], CEO and founder, Jongarm Cho), a Korean IT leader specializing in databases, application performance management, AI, cloud and big data, reported its best performance ever in fiscal year 2020 that ended on December 31. On the 24th of February, EXEM announced that consolidated sales reached KRW 39.2 billion ($34.8 million) last year, up by 14% from a year earlier. Operating profit and net profit rose 53% and 79% to KRW 9.6 billion ($8.5 million) and KRW 8.7 billion ($7.6 million), respectively. Three main financial metrics reached the highest level since its foundation, including yearly revenue, operating profit and net profit. The consolidated operating profit margin and net income ratio recorded 24.6% and 22.2%, respectively, while the unconsolidated operating profit margin and net income ratio achieved 29.9% and 26.4%, proving the ability to generate the highest profits in the industry despite the COVID-19 crisis. The revenue of MaxGauge, which has kept No.1 market share in the domestic DBPM (Database Performance Management) market, increased 15% compared to the previous year, hit KRW 19.6 billion ($17.4 million), proved steady growth. InterMax, an E2E transaction tracking solution that leads the APM (Application Performance Management) market, also met the needs of companies where the IT environment is becoming more complex because of the 3 tier systems and maintained stable sales by meeting and satisfying customer’s needs, including 13 major financial companies, manufacturing, public institution, and distribution companies in the last year. Thanks to the Korean New Deal policies which contain digital & green economy development plan and aim to create industrial convergence with data, network and AI across the economy, sales in big data sector gained 102% year-on-year, made mainly of big data energy business with KEPCO (Korea Electric Power Corporation) and Korea Energy Agency. All business units are growing healthily including our subsidiary and overseas corporations. In the Japanese market, where the demand for consulting service is high, EXEM Japan has been showing profit growth through stable customer base and "Smart DBA" service, a remote DB technology support service. In China, we have been successfully achieving a number of clients in the financial sector and in 2021, we expect a new customer increase and more business opportunities from financial sector. Another growth driver was led by strengthened competitiveness of our subsidiary, Sinsiway. It achieved its best sales ever, KRW 7.3 billion ($6.4 million), which rose 7% than the previous year. Currently, Sinsiway is positively considering several business opportunities, as well as contracts about DB security product (access control and encryption) with various clients on a number of cloud platforms. More growth is expected due to the expansion of its flagship solution ‘Petra’, a professional database access control solution. This year, EXEM plans to achieve synergy between existing and new business areas and make a huge leap forward. EXEM recently signed contracts related to AIOps implementation with two primary financial banks in recognition of the technological competitiveness of XAIOps, Korea's first AI-based intelligent management solution for IT operations. In the integrated cloud management business, we are providing consulting service using CloudMOA, to a number of financial companies, helping them monitor their cloud environment built on container and Kubernetes. In addition, EXEM recently joined the silver membership of CNCF (Cloud Native Computing Foundation), which oversees the Kubernetes project of keen interest in the global cloud industry, strengthening its position as a professional entity with seamless management technology in the cloud environment. EXEM also plans to focus more on the ever-expanding big data energy business. EXEM is in the process of commercializing SaaS products of major solutions to reflect the needs of identified clients. The main goals of the SaaS products are to reduce costs for small and medium-sized companies, secure flexibility, and expand into the global market. "We have been able to achieve a record-high performance based on our accumulated DBPM, APM core technology plus a solid business portfolio armed with cloud, AI and big data. This year, we have positive expectations for the growth of our business in the expanding cloud, AIOps, and big data market," said EXEM CEO and founder, Jongarm Cho.
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