2. 2Investor Relations
3. Financial Status
2. Business area
4. Subsidiary company
5. Business Strategy
▣ Appendix
1.Company Introduction
CI Introduction, Company Introduction, History,
Organization, Shareholders, Dividend
Financial Statement and Business result,
Sales Composition
NTIQ Games, Mobile eco
Product line-up, Product Portfolio
Business Roadmap, Investment Focus
Financial Statement Summary,
2013 Network Equipment demand forecasting
3P
9P
11P
13P
15P
17P
3. 3Investor Relations
1. Company Introduction
CI Introduction
=
ubiQuoss is the combined word of Ubiquitous and Access which
means people can communicate each other without any devices or
tools at anytime anywhere.
4. 4Investor Relations
1. Company Introduction
Company Introduction
Company Name ubiQuoss Inc.
CEO Sang Keun Lee
Type of Business Wired Telecommunication Equipment Manufacturing
Key Products L2/L3 Switch, xDSL, FTTH(GPON/GE-PON),
LTE Backhaul and Carrier Ethernet Solution
Established Date July 2000
Capital Stock KRW 10.6 billion
No. of Employees 248(as of March 2013)
Web Site www.ubiQuoss.com
Location (HeadQuater) 24F Millennium B/D, 467-12, Dogok-dong, Gangnam-gu, Seoul 135-
700 Korea
(Sales) 2,6, and 7F NIPA B/D, 79-2 Garakbon-dong, Songpa-gu, Seoul 138-711
Korea
(Manufactory) #302 Krantz Tower, 5442-1 Sangdaewon-dong, Jungwon-gu,
Sungnam-si, Gyunggi-do 462-729 Korea
5. 5Investor Relations
1. Company Introduction
HIstory
▶2000 : Company established(Premier Networks)
▶2001 : Company name changed to Locus Networks Corporation
Self-developed Metro Ethernet Switches first in Korea
▶2003 : Developed IP-VDSL 50M
▶2005 : Company name changed to Ubiquoss Inc.
▶2007 : Developed and supplied VDSL2 systems/ Developed and supplied FTTH equipment(LG U+)
▶2008 : Supplied FTTH equipment to KT
▶2009 : Listed on KOSDAQ/ Achieved $110 mil. of sales revenue
▶2010 : Developed a High-capacity Edge Router(E7508) first among Korean vendors &
Commercialized and Supplied it to LG U+/ Appointed as a Promising Export Company
Invested into subsidiary company ‘NTIQ Games’ (93% stake)
▶2011 : Developed and Commercialized Backhaul Access Equipment for LG U+ LTE 4G (CO Switch)
▶2012 : FTTH EPON Supply contract with LG U+ / Take over control of ‘Mobile eco’ (51% stake)
▶2013 : Developed Terra-level high-capacity switch with LG U+
6. 6Investor Relations
CEO
Customer
Service Div.
Domestic
Biz Dep.
Biz 2 Div.
Biz 3 Div.
Overseas
Biz Dep.
R&D Center
Biz 1 Div.
Production
QA Div.
Financial
Div.
New Biz Team
Management
Div.
Subsidiary companyOrganization
1. Company Introduction
Ubiquoss Inc.
Mobile EcoNTIQ Games
88.09% 51.02%
7. 7Investor Relations
1. Company Introduction
Shareholder Composition
(as of Dec 31, 2012.12.31)
CEO and
Affiliates,
32.91%
Treasury Stock,
9.44%
Investment
Trust, 2.40%Other
corporations,
2.38%
Foreign
investors,
1.06%
Individual and
Others, etc.,
51.81%
Individual and
Others, etc.
10,982,974 51.81%
1.06%
2.38%Other
corporations
Foreign investors
Investment Trust 508,644
2,001,579
2.40%
Treasury Stock 9.44%
CEO and Affiliates 6,977,176 32.91%
Composition Quantity Percentage
505,111
224,516
8. 8Investor Relations
1. Company Introduction
Dividend per Share
Cash dividend payout ratio
(%)
5.1 11.4
1,920
100Cash dividends per share
(won)
Total Cash Dividend
(mil. won)
Earnings Per Share
(won)
972
20,611
828
Net Income
(mil. won)
16,839
Par value per share
(won)
500 500
Item 2010 2011
50
1,060
2012
500
16,282
848
100
1,920
11.8
Dividend yield
(%)
0.7 2.2 2.1
50
100 100
5.1%
11.4%
11.8%
0.0%
5.0%
10.0%
15.0%
20.0%
-
20
40
60
80
100
120
2010년 2011년 2012년
주당 현금배당금(원) 현금배당성향(%)
2010 20122011
Cash dividends per share Cash dividend payout ratio
9. 9Investor Relations
2. Business Area
Customer promises Access Network Aggregation Core Network
4G LTE
Office
LTE Backhaul
Carrier Ethernet
MSPP / TDM
WDM
RoADM
Repeater/RRH
RoADM
Internet
ubiQuoss
Product
ubiQuoss
Product
FTTH FTTH & Switch
ONT Internet
Core Network
Fiber Optic LAN(Switch)
Voice
IPTV
Internet
ubiQuoss
Product
Product line-up
11. 11Investor Relations
3. Financial Status
669
1,114
817
737 745
2008년 2009년 2010년 2011년 2012년2010년 2011년 2012년
1,223 1,285 1,437
220 223
235
자본총계 부채총계
1,443 1,508
1,672
Assets Sales revenue
2010 20122011
Liability Ratio
Operating Profit Ratio
Net Income Ratio
18.0%
21.1%
25.2%
17.3% 16.3%
19.5%
22.9%
18.2%
21.8%
Key Financial Ratio
2010년 2011년 2012년
172
143 136
206
168 163
영업이익 당기순이익
(unit: KRW 100mil.)
Operating Income/Net Income
(unit: KRW 100mil.)
Financial Structure and
Business Performance
(unit: KRW 100mil.)
(unit: KRW 100mil.)
2010 20122011
Total
Capital
Total
Liabilities
2010 201220112008 2009
Operating
Income
Net
Income
2010 20122011
12. 12Investor Relations
3. Financial Status
Domestic,
98.6%
수출,
1.4%
Domestic,
97.8%
수출,
2.2%
2011 2012
Domestic-Overseas Sales ratio
37,021
29,525
33,647
5,812
3,824
6,936
23,596
15,119
16,3202,845
6,547
13,504
4,670
15,299
8,842
6,408
2010 2011 2012
기타
모바일백홀
대용량스위치
FTTH
VDSL2
스위치
Etc.
Mobile
Backhaul
High-capacity
Switch
FTTH
VDSL2
Switch
81,728
73,659 74,528
Sales per product
(unit: KRW mil.)
45%
6%
22%
9%
6%
12%
스위치
VDSL2
FTTH
대용량스위치
모바일백홀
기타
Sales ratio per product in 2012
Sales Composition
Switch
VDSL2
FTTH
High-capacity
Switch
Mobile
Backhaul
Etc.
Export
,
1.4%
Export
,
2.2%
13. 13Investor Relations
4. Subsidiary company
Paradigm Shift in Game market
Experienced planners and developers
Participating in the main game exhibitions
Contract with Japanese Publishing company
Multi-platform(wired&wireless) online social MORPG game “ Shadow of Eclipse” developed
Good reputation from famous publishers of North
America, Europe, Japan, Chinese, etc.
Game Business
NTIQ Games Inc.
Established in 2010
Capital Stock: 28.4mil.
No. of Employees: 28
12
3
4
Japanese Localization, OBT expected with publishers
NTIQ Games [www.ntiqgames.com]
High-quality human resources from the leading game developers
14. 14Investor Relations
4. Subsidiary company
Overseas Biz expansion
Wireless Communication Market
- move on LTE
Qualcomm Solution
High-technology
in LTE module field
• Increasing demand for multimedia
• Increasing need for high-speed data
communications equipment
• High growth expectation of LTE
based Consumer market
• Exceptional technicians compared
to competitors
• Time To Market product release
• Expected biz area expansion and
advanced equipment with
accumulated technology
• Obtained Qualcomm License
• Holding expertise in the field of
Qualcomm 2G/3G Wireless Data
modem
• Used more than 80% of wireless
communication chipset with
Qualcomm Solution
• LTE Router supply contract with
MVNO of NTT DoCoMo in Japan for
the 1st time in Korea
• Expanding and pioneering market -
vulnerable wired market moving on
LTE
Mobile Eco
[www.mobileeco.com]Mobile Eco
16. 16Investor Relations
5. Business Strategy
All IP
Strengthen
Market Position
Market
Expansion
Subsidiary
Company
Free Cash
All IP Convergence !
Stagnant market status of ISP, Fast-growth of Internet Traffic, Rapid change of
Technology Paradigm, Sufficient potential demand of high entry IP convergence
new technology
1ST
Strengthen Market Position & Technology
Advancement of High-capacity switch and FTTH equipment, Strong market
position established via successful market entry and Carrier Ethernet
commercialization
2ND
Expansion Overseas & Enterprise & Public market
Market expansion via overseas FTTH market and enterprise/public sector Carrier
Ethernet market
3RD
Growth of ENTIQ Games and Mobile Eco
ENTIQ Games: OBT expected with Japanese publishers, Seeking foreign market entry
Mobile Echo: Expanding market share and brand awareness at overseas including Japan
4TH
The Potential growth through M&A
Seeking New Business for external growth
5TH
Investment Focus
17. 17Investor Relations
(Unit : KRW mil.)
(Unit : KRW mil.)
Balance Sheet Income Statement
2010 2011 2012
Current assets 107,617 101,323 90,139
Quick Assets 101,561 92,713 83,520
Inventory Assets 6,056 8,610 6,619
Long term assets 36,695 49,436 77,074
Investment assets 33,081 36,368 59,363
Tangible assets 2,707 12,110 15,935
Intangible asset 907 958 1,776
Total Assets 144,313 150,759 167,213
Current liabilities 16,561 18,453 21,220
Long term liabilities 5,448 3,816 2,246
Total liabilities 22,009 22,269 23,466
Stock holders’ equity 10,600 10,600 10,600
Capital surplus 6,903 6,903 6,903
Capital adjustments 851 -8,742 -7,846
Retained earnings 103,950 119,729 134,090
Total liabilities and equity 122,304 128,490 143,747
2010 2011 2012
Revenue 81,728 73,659 74,528
Costs and Expenses 42,302 41,058 44,065
Gross Profit 39,426 32,601 30,463
Selling, General &
Administration Expenses
22,624 18,266 16,878
Operating Income 16,801 14,335 13,585
Other income net 7,985 6,950 7,079
Other income expense 608 1,356 389
Operating Income
Before Depreciation and
Amortization
24,178 19,929 20,275
Income tax expense 3,567 3,090 3,993
Net Income 20,611 16,839 16,282
▣ Appendix – Summary Financial Statements(2010-2012, K-IFRS )
