Argus Research Launches Cover Of Equity Research Report On Genians Inc. (Kosdaq: A263860)

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NEW YORK, October 25, 2021 (GLOBE NEWSWIRE) – Argus Research, an independent investment research firm, has launched coverage of the Equity Research report on Genians Inc. (Kosdaq: A263860)

Click here to view the full Argus Stock Research Report.

COMPANY STRENGTHS: Excerpts (as provided by Argus analyst Steve Silver) include:

  • Genians: Strong prospects for the information security provider

  • A leader in the Korean network access control market, Genians is expanding its offering to include new endpoint detection and response and cybersecurity awareness products.

  • Genians is also expanding globally. Its Korea-based sales force focuses on the Asia-Pacific region and the Middle East, while its US-based team focuses on cloud services and Device Platform Intelligence (DPI) in North America, Latin America and Europe.

  • The stocks are currently trading at a significant discount to a group of software peers, which we attribute to a period of slower growth in revenue and operating margins that have been put under pressure by investments in next-generation technology. However, we expect the valuation spread to narrow as Genians implements its growth strategy.

INVESTMENT THESIS: Extracts (Click here to view the full Argus Stock Research Report) include:

Founded in 2005 and based in South Korea, Genians is an information security software company that provides solutions for Network Access Control (NAC), Endpoint Detection and Response (EDR) and cybersecurity awareness campaign for global organizations. The company serves more than 1,600 clients, including Fortune 500 companies in various industries, government and military entities, and educational institutions. Genians established a US-based subsidiary in 2016 and listed its shares on KOSDAQ in 2017.

Genians is in the early stages of its global expansion and has so far established 33 partnerships in 32 countries. Its Korea-based sales force focuses on on-premises activities in the Asia-Pacific region and the Middle East, while its US-based team focuses on cloud services and Device Platform Intelligence (DPI) in North America, Latin America and Europe. In the first half of 2021, Korea accounted for 98% of sales, while exports accounted for 2%. The company is also diversifying its sales channels, notably through the Amazon Web Services Marketplace. In August 2021, Genians also announced a partnership with CyberDist Africa which will expand its presence at NAC in Africa, where only 22% of the population had internet access in 2017, according to the World Bank; however, the 2018 Initiative for the digital economy in Africa aims to connect all government agencies, businesses and individuals in Africa by 2030.

About Genians Inc. (Kosdaq: A263860)

Founded in 2005 and based in South Korea, Genians is an information security software company that provides solutions for Network Access Control (NAC), Endpoint Detection and Response (EDR) and cybersecurity awareness campaign for global organizations.

For more information please contact:

Genians Strategic Planning Department.
E-mail address: [email protected]

About Argus Research Corp. Based in New York, Argus Research (www.argusresearch.com) is a leading independent equity research firm (founded 1934) ̶ providing fundamental and quantitative research coverage on over 1,600 companies across the 11 sectors of the S&P 500, as well as macroeconomic and market forecasts, thematic research, model portfolios and pre-IPO research. Additionally, Argus recently committed to providing a sponsored research solution for small and mid caps seeking coverage. Argus equity / earnings research estimates are available on major research / earnings estimate aggregation platforms, including Bloomberg, Thomson Reuters, Factset, and S&P Global.

For more information please contact:

Pierre Darrell
646-747-5438
[email protected]

Argus Research Co. has received a lump sum from the company mentioned in this report as part of a sponsored research agreement between Argus and the company. No part of Argus Research’s compensation is directly or indirectly linked to the content of this assessment or to other opinions expressed in this report. Please refer to the full Argus report and disclaimer for full disclosures.


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