{"id":399,"date":"2026-11-04T08:29:39","date_gmt":"2026-11-03T23:29:39","guid":{"rendered":"https:\/\/www.arphile.net\/?p=399"},"modified":"2026-11-04T08:30:32","modified_gmt":"2026-11-03T23:30:32","slug":"261104-%ec%bf%a0%ed%8c%a1-q3-%ec%96%b4%eb%8b%9d%ec%bd%9c-%ec%a0%95%eb%a6%ac","status":"publish","type":"post","link":"https:\/\/www.arphile.net\/?p=399","title":{"rendered":"[261104] \ucfe0\ud321 Q3 \uc5b4\ub2dd\ucf5c \uc815\ub9ac"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\">1. \ud575\uc2ec \uc774\uc288: \ub9e4\ucd9c\uc740 \uac00\uc774\ub358\uc2a4 \uc0c1\ud68c, \uc774\uc775\uc740 \ud654\uc7ac\u00b7\uc815\ubcf4\uc720\ucd9c \uc5ec\ud30c\ub85c \uc801\uc790<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\ub9e4\ucd9c <strong>$99.6\uc5b5 (+7%, \ud658\uc728 \ud6a8\uacfc \uc81c\uc678 +11%)<\/strong>\uc73c\ub85c \uac00\uc774\ub358\uc2a4(+8~9%) \uc0c1\ud68c<\/li>\n\n\n\n<li>7\uc6d4 <strong>\uc778\ucc9c \ubb3c\ub958\uc13c\ud130 \ud654\uc7ac<\/strong> \ube44\uc6a9\uc774 \ubc18\uc601\ub418\uace0, \uc815\ubcf4\uc720\ucd9c \uc0ac\uace0 \uc5ec\ud30c\ub85c \uc218\uc775\uc131\uc774 \ud06c\uac8c \ub5a8\uc5b4\uc9d0<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>\ud56d\ubaa9<\/th><th>\uae08\uc561<\/th><\/tr><\/thead><tbody><tr><td>\uc778\ucc9c FC \ud654\uc7ac \ube44\uc6a9<\/td><td><strong>$2.48\uc5b5<\/strong> (\ub9e4\ucd9c\uc6d0\uac00 $0.95\uc5b5 + \uc6b4\uc601\ube44 $1.53\uc5b5)<\/td><\/tr><tr><td>\uc601\uc5c5\uc190\uc2e4<\/td><td><strong>-$4.5\uc5b5<\/strong> (\ud654\uc7ac \uc81c\uc678 \uc2dc -$2.02\uc5b5). \uc804\ub144 \ub3d9\uae30 +$1.62\uc5b5<\/td><\/tr><tr><td>\uc21c\uc190\uc2e4<\/td><td><strong>-$5.01\uc5b5<\/strong> (\ud654\uc7ac \uc81c\uc678 \uc2dc -$3.21\uc5b5)<\/td><\/tr><tr><td>EPS<\/td><td><strong>-$0.28<\/strong> (\ud654\uc7ac \uc81c\uc678 \uc2dc -$0.18)<\/td><\/tr><tr><td>\uc870\uc815 EBITDA<\/td><td><strong>$1.16\uc5b5<\/strong>, \ub9c8\uc9c4 <strong>1.2%<\/strong> (-329bp YoY, \uac00\uc774\ub358\uc2a4 -300~400bp \ubc94\uc704 \uc548)<\/td><\/tr><tr><td>\ucd94\uc11d \uc2dc\uc810 \uc601\ud5a5<\/td><td>\ub9e4\ucd9c \uc131\uc7a5\ub960 \uc57d -1%p, EBITDA \ub9c8\uc9c4 \uc57d -40bp<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\">2. CEO \ubc1c\ud45c (\uae40\ubc94\uc11d)<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\uc640\uc6b0 \uba64\ubc84\uc2ed \ud68c\uc6d0 \uc218 \uc0ac\uc0c1 \ucd5c\ub300<\/strong>. \uc804\ub144 \ub300\ube44, \uc804\ubd84\uae30 \ub300\ube44 \ubaa8\ub450 \uc99d\uac00\ud588\uace0 \uc21c\uc99d \uc18d\ub3c4\uac00 \uacfc\uac70\ubcf4\ub2e4 \ube60\ub984<\/li>\n\n\n\n<li><strong>\uc815\ubcf4\uc720\ucd9c \uc774\ud6c4 \uace0\uac1d \ub3d9\ud5a5<\/strong>\n<ul class=\"wp-block-list\">\n<li>\ub5a0\ub0ac\ub2e4\uac00 \ub3cc\uc544\uc628 \ud68c\uc6d0\uc740 \uc608\uc804 \uad6c\ub9e4 \uc218\uc900\uc744 \ud68c\ubcf5\ud588\uace0, \uc9c0\uae08\uc740 \uc815\uc0c1 \uc18d\ub3c4\ub85c \uad6c\ub9e4\uc561\uc774 \ub298\uace0 \uc788\uc74c<\/li>\n\n\n\n<li>\ub5a0\ub098\uc9c0 \uc54a\uc740 \ud68c\uc6d0\uc740 \uc0ac\uc0c1 \ucd5c\ub300 \uad6c\ub9e4\uc561<\/li>\n\n\n\n<li>\uc131\uc7a5\ub960\uc744 \uae4e\ub294 \uac74 \uc544\uc9c1 \ub3cc\uc544\uc624\uc9c0 \uc54a\uc740 <strong>\uc18c\uc218 \ud68c\uc6d0 \uadf8\ub8f9<\/strong>\ubfd0\uc784. \ub0b4\ub144\uc5d0 \uc0ac\uace0 \uc2dc\uc810\uacfc \ube44\uad50\ud558\ub294 \uad6c\uac04\uc774 \uc9c0\ub098\uba74 \uc131\uc7a5\ub960\uc774 \uc815\uc0c1\uc73c\ub85c \ub3cc\uc544\uc62c \uac83\uc774\ub77c\ub294 \uc124\uba85<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>\ub85c\ucf13 \uc0c1\ud488 \uc218<\/strong>\ub294 \ub450 \uc790\ub9bf\uc218 \uc911\ud6c4\ubc18 \uc131\uc7a5. <strong>\ub85c\ucf13\ud504\ub808\uc2dc \ubb3c\ub7c9\uc740 \ucee4\uba38\uc2a4 \uc804\uccb4 \uc131\uc7a5\ub960\uc758 2\ubc30 \uc774\uc0c1<\/strong><\/li>\n\n\n\n<li><strong>\ucee4\uba38\uc2a4 \ub9c8\uc9c4\uc774 \ub0ae\uc544\uc9c4 3\uac00\uc9c0 \uc6d0\uc778\uc740 \ubaa8\ub450 \uc77c\uc2dc\uc801<\/strong>\uc774\ub77c\uace0 \ud568\n<ol start=\"1\" class=\"wp-block-list\">\n<li>\uacf5\uae09\ub9dd \ucc28\uc9c8<\/li>\n\n\n\n<li>\uc0ac\uace0 \uc774\uc804 \uc218\uc694\uc5d0 \ub9de\ucdb0 \uc9c0\uc5b4\ub454 \uace0\uc815\ube44 \ubd80\ub2f4<\/li>\n\n\n\n<li>\uc774\ud0c8 \uace0\uac1d\uc744 \ub418\ucc3e\uae30 \uc704\ud55c \ub9c8\ucf00\ud305\ube44. \uc774\ubbf8 \uc904\uc774\uae30 \uc2dc\uc791\ud568<\/li>\n<\/ol>\n<\/li>\n\n\n\n<li>\ubb3c\ub958 \uc790\ub3d9\ud654: \ud3ec\uc7a5\ub300\uc5d0 AI \uce74\uba54\ub77c\ub97c \uc124\uce58\ud574 \uc218\uc791\uc5c5 \uc2a4\uce94\uc744 \uc5c6\uc574\uace0, \uc8fc\ubb38\ub9c8\ub2e4 \ud3ec\uc7a5 \ud06c\uae30\ub97c \ub9de\ucd94\ub294 \uc790\ub3d9 \ud3ec\uc7a5\uae30\ub97c \ub3c4\uc785<\/li>\n\n\n\n<li>\uc2e0\uaddc \uc640\uc6b0 \ud61c\ud0dd <strong>Try Now, Pay Later<\/strong>: \ud328\uc158 \uc0c1\ud488\uc744 7\uc77c\uac04 \uc785\uc5b4\ubcf4\uace0 \uacb0\uc81c<\/li>\n\n\n\n<li><strong>\ub300\ub9cc<\/strong>\n<ul class=\"wp-block-list\">\n<li>\uc640\uc6b0 \ud68c\uc6d0 <strong>+100% \uc774\uc0c1 YoY, +14% QoQ<\/strong>\ub85c \uc131\uc7a5 \uac00\uc18d<\/li>\n\n\n\n<li>\uc790\uccb4 \ubc30\uc1a1\ub9dd\uc73c\ub85c \ub300\ubd80\ubd84 \uc8fc\ubb38\uc744 \uc8fc 7\uc77c \uc775\uc77c\ubc30\uc1a1. \uc0c8\ubcbd\ubc30\uc1a1\uc740 \uc778\uad6c\uc758 <strong>50% \uc774\uc0c1<\/strong> \ucee4\ubc84<\/li>\n\n\n\n<li>\ud55c\uad6d \ucd08\uae30\uc640 \uc544\uc8fc \ube44\uc2b7\ud55c \ud750\ub984\uc774\ub77c\ub294 \uc124\uba85<\/li>\n\n\n\n<li>\uc778\ud504\ub77c\uc640 \ud568\uaed8 \uc2e4\ud589\ub825 \uc788\ub294 \uc870\uc9c1 \ubb38\ud654\ub3c4 \ub9cc\ub4dc\ub294 \uc911. \uc55e\uc73c\ub85c <strong>\uc5f0\uacb0 \ud604\uae08\ud750\ub984\uc5d0 \uc758\ubbf8 \uc788\uac8c \uae30\uc5ec<\/strong>\ud560 \uac83\uc73c\ub85c \uae30\ub300<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>\ucfe0\ud321\uc774\uce20<\/strong>\uac00 \ud55c\uad6d\uc5d0\uc11c \uc74c\uc2dd \uc678 \uc0c1\ud488\uc758 \ud035\ucee4\uba38\uc2a4(\uc989\uc2dc\ubc30\uc1a1)\ub85c \ud655\uc7a5. \ud3b8\uc758\uc810, \uc9c0\uc5ed \uc0c1\uc810\uacfc \uc81c\ud734<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">3. \uc2e4\uc801 \uc138\ubd80<\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>\ubd80\ubb38<\/th><th>\ub9e4\ucd9c<\/th><th>YoY (\ud658\uc728 \ud6a8\uacfc \uc81c\uc678)<\/th><th>\ube44\uace0<\/th><\/tr><\/thead><tbody><tr><td>\ud504\ub85c\ub355\ud2b8 \ucee4\uba38\uc2a4<\/td><td><strong>$83.7\uc5b5<\/strong><\/td><td>+5% (+8%)<\/td><td>\ucd94\uc11d \uc601\ud5a5\uc744 \ube7c\uba74 \uc57d +9%\ub85c 2\ubd84\uae30\ubcf4\ub2e4 \uac00\uc18d<\/td><\/tr><tr><td>\uc2e0\uc0ac\uc5c5(Developing Offerings)<\/td><td><strong>$15.9\uc5b5<\/strong><\/td><td>+23% (<strong>+27%<\/strong>)<\/td><td>2\ubd84\uae30 +24%\uc5d0\uc11c \uac00\uc18d<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\ud504\ub85c\ub355\ud2b8 \ucee4\uba38\uc2a4<\/strong>\n<ul class=\"wp-block-list\">\n<li>\ub9e4\ucd9c\ucd1d\uc774\uc775 $23.8\uc5b5, \ub9c8\uc9c4 28.4%. \ud654\uc7ac\ub97c \ube7c\uba74 29.5%\ub85c -260bp YoY<\/li>\n\n\n\n<li>\uc870\uc815 EBITDA <strong>$3.85\uc5b5, \ub9c8\uc9c4 4.6%<\/strong> (-420bp YoY, -50bp QoQ)<\/li>\n\n\n\n<li>\ud65c\uc131 \uace0\uac1d <strong>2,520\ub9cc \uba85 (+2%)<\/strong>, \uace0\uac1d\ub2f9 \ub9e4\ucd9c $332 (+3%, \ud658\uc728 \ud6a8\uacfc \uc81c\uc678 +6%)<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>\uc2e0\uc0ac\uc5c5<\/strong>: \ub9e4\ucd9c\ucd1d\uc774\uc775 $1.85\uc5b5 (+19%), \uc870\uc815 EBITDA <strong>-$2.69\uc5b5<\/strong> (\uc804\ubd84\uae30\ubcf4\ub2e4 $0.5\uc5b5 \ud655\ub300, \ud22c\uc790 \uc99d\uac00)<\/li>\n\n\n\n<li>\uc5f0\uacb0 \uc6b4\uc601\ube44(OG&amp;A): \ud654\uc7ac\ub97c \ube7c\uba74 \ub9e4\ucd9c \ub300\ube44 28.7% (+110bp). \ub9c8\ucf00\ud305\ube44\uc640 \uace0\uc815\ube44 \ubd80\ub2f4 \ub54c\ubb38<\/li>\n\n\n\n<li>\ub300\ub9cc\uacfc \uc77c\ubcf8 \ucd08\uae30 \uc0ac\uc5c5\uc758 \uc190\uc2e4\uc740 \uc5f0\uacb0 \uae30\uc900 \uc138\uae08 \uc808\uac10 \ud6a8\uacfc\uac00 \uc5c6\uc5b4\uc11c \uc138\uae08 \ubd80\ub2f4\uc774 \ud07c<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">4. \uc804\ub9dd<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>4Q \ub9e4\ucd9c +13~14%<\/strong> (\ud658\uc728 \ud6a8\uacfc \uc81c\uc678). \ucee4\uba38\uc2a4 \ud68c\ubcf5\uc774 \uacc4\uc18d\ub420 \uac83\uc73c\ub85c \ubd04<\/li>\n\n\n\n<li><strong>4Q \uc870\uc815 EBITDA \ub9c8\uc9c4\uc740 \uc804\ubd84\uae30 \ub300\ube44 +50~150bp<\/strong>. \ucee4\uba38\uc2a4 \uac1c\uc120\uacfc \ub9c8\ucf00\ud305\ube44 \ucd95\uc18c \ub355\ubd84<\/li>\n\n\n\n<li><strong>3\ubd84\uae30\uac00 \ucee4\uba38\uc2a4 \ub9c8\uc9c4\uc758 \ubc14\ub2e5<\/strong>\uc774\ub77c\uace0 \ud568<\/li>\n\n\n\n<li><strong>\ucee4\uba38\uc2a4 \ub9c8\uc9c4\uc740 2027\ub144 \uc911\ubc18(2\ubd84\uae30\ucbe4)\uc5d0 \uc0ac\uace0 \uc774\uc804 \uc218\uc900\uc73c\ub85c \ud68c\ubcf5<\/strong> \uc804\ub9dd \uc720\uc9c0. \ubd84\uae30\ubcc4 \uac1c\uc120 \uc18d\ub3c4\ub294 \uace0\ub974\uc9c0 \uc54a\uc744 \uc218 \uc788\uc74c<\/li>\n\n\n\n<li><strong>\uc2e0\uc0ac\uc5c5 \uc5f0\uac04 \uc190\uc2e4 \uac00\uc774\ub358\uc2a4 \uc0c1\ub2e8\uc744 $0.5\uc5b5~1\uc5b5 \uc0c1\ud5a5<\/strong>. \uae30\uc874 $9.5\uc5b5~10\uc5b5\uc5d0\uc11c \ucd5c\ub300 \uc57d $11\uc5b5\uc73c\ub85c\n<ul class=\"wp-block-list\">\n<li>\ub300\ub9cc \uc778\ud504\ub77c\uc640 \uacf5\uae09\ub9dd \ud22c\uc790\ub97c \uc55e\ub2f9\uae30\uae30 \ub54c\ubb38<\/li>\n\n\n\n<li>2027\ub144 \uac00\uc774\ub358\uc2a4\ub294 4Q \uc2e4\uc801 \ubc1c\ud45c \ub54c \uacf5\uac1c<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>\ucfe0\ud321\uc774\uce20(\ud55c\uad6d)\uc640 \ub85c\ucf13\ub098\uc6b0(\uc77c\ubcf8)\ub294 \ud569\uc0b0 \uc190\uc775\ubd84\uae30\uc810 \uc218\uc900\uc744 \uc720\uc9c0<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">5. \uc2e0\uc0ac\uc5c5\/\ud22c\uc790<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\ub300\ub9cc<\/strong>: \uc131\uc7a5 \uc18d\ub3c4\uac00 \ube68\ub77c \ubb3c\ub958\uc640 \uacf5\uae09\ub9dd \uc778\ud504\ub77c\ub97c \uc218\uc694\ubcf4\ub2e4 \uba3c\uc800 \uc9d3\ub294 \uc911\n<ul class=\"wp-block-list\">\n<li>\ud55c\uad6d\ubcf4\ub2e4 \ub0ae\uc740 \uac00\ub3d9\ub960\uc744 \uac10\uc218\ud558\ub354\ub77c\ub3c4 \uc131\uc7a5 \uae30\ubc18\uc744 \ub2e4\uc9c0\ub294 \ucabd\uc744 \ud0dd\ud568<\/li>\n\n\n\n<li>\ube0c\ub79c\ub4dc\u00b7\uacf5\uae09\uc0ac\uc640 \uc9c1\uac70\ub798\ub97c \ub298\ub9ac\ub294 \uc911<\/li>\n\n\n\n<li>\uc131\uc7a5\uacfc \ub9c8\uc9c4 \uac1c\uc120\uc744 \ud568\uaed8 \ucd94\uad6c\ud558\ub294 \uc870\uc9c1 \ubb38\ud654\ub97c \ub9cc\ub4e4\uace0 \uc788\ub2e4\uace0 \ud568<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>\ucfe0\ud321\uc774\uce20 \ube44\uc2dd\ud488 \uc989\uc2dc\ubc30\uc1a1<\/strong>\n<ul class=\"wp-block-list\">\n<li>\ub85c\ucf13\ubc30\uc1a1\uacfc \uc0c1\ud488 \uad6c\uc0c9\uc774 \ub2e4\ub974\ub2e4\uae30\ubcf4\ub2e4 <strong>\ubc30\uc1a1 \uc18d\ub3c4\uac00 \ub2e4\ub978 \uac00\uce58<\/strong>\ub97c \uc8fc\ub294 \uc11c\ube44\uc2a4<\/li>\n\n\n\n<li>\uc544\uc9c1 \ucd08\uae30\ub77c \uc791\uac8c \ud14c\uc2a4\ud2b8\ud558\uba74\uc11c \ud655\uc7a5\ud560 \uacc4\ud68d<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>\ub300\ub9cc \ucfe0\ud321\uc774\uce20 \uc9c4\ucd9c\uc740 \uc544\uc9c1 \uacc4\ud68d \uc5c6\uc74c. \ub9ac\ud14c\uc77c\uacfc \ubb3c\ub958 \uad6c\ucd95\uc5d0 \uc9d1\uc911<\/li>\n\n\n\n<li><strong>\uc2e0\uaddc \uc11c\ube44\uc2a4 \uac80\uc99d \uae30\uc900<\/strong>: \uace0\uac1d \uac00\uce58, \uace0\uac1d \ubc18\uc751, \ub2e8\uc704 \uacbd\uc81c\uc131(\uac74\ub2f9 \uc218\uc775\uc131), \ud655\uc7a5\uc131, \uc8fc\uc8fc \uc218\uc775\ub960\uc744 \ubaa8\ub450 \ud655\uc778\ud55c \ub4a4 \ud655\ub300\ud568<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">6. \uc8fc\uc8fc\ud658\uc6d0\/\uc7ac\ubb34<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>3Q \uc790\uc0ac\uc8fc <strong>1,270\ub9cc \uc8fc, $2.01\uc5b5<\/strong> \ub9e4\uc785. 1~9\uc6d4 \ub204\uc801 <strong>$10.5\uc5b5<\/strong><\/li>\n\n\n\n<li>\uc601\uc5c5\ud604\uae08\ud750\ub984(\ucd5c\uadfc 12\uac1c\uc6d4) <strong>$8.45\uc5b5 (-64%)<\/strong>, FCF <strong>-$4.09\uc5b5<\/strong> (\uc804\ub144 +$12.7\uc5b5)\n<ul class=\"wp-block-list\">\n<li>\uc774\uc775 \uac10\uc18c, CAPEX \uc99d\uac00, \ud654\uc7ac \uad00\ub828 \ud604\uae08 \uc9c0\ucd9c, \uc138\uae08 \ub0a9\ubd80 \uc99d\uac00 \ub54c\ubb38<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>\ud604\uae08 $54.4\uc5b5 (\uc791\ub144 \ub9d0 $63.2\uc5b5)<\/li>\n\n\n\n<li>1~9\uc6d4 \ub204\uc801 \ud589\uc815 \uacfc\uc9d5\uae08 $4.1\uc5b5\uc744 \uc870\uc815 \uc9c0\ud45c\uc5d0\uc11c \uc81c\uc678\ud568<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">7. \uc9c8\uc758\uc751\ub2f5 \ud575\uc2ec<\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>\uc9c8\ubb38\uc790<\/th><th>\uc9c8\ubb38<\/th><th>\ub2f5\ubcc0 \uc694\uc57d<\/th><\/tr><\/thead><tbody><tr><td>Eric Cha (\uace8\ub4dc\ub9cc\uc0ad\uc2a4)<\/td><td>\ub9c8\uc9c4 \uac1c\uc120 \uc18d\ub3c4, \ub300\ub9cc \ud22c\uc790 \ub0b4\uc6a9\uacfc \uc2e0\uc0ac\uc5c5 \uc190\uc2e4 \uc815\uc810<\/td><td>3\ubd84\uae30\uac00 \ucee4\uba38\uc2a4 \ub9c8\uc9c4 \ubc14\ub2e5.<br>\uc7ac\ud68d\ub4dd \ub9c8\ucf00\ud305 \ucd95\uc18c, \uace0\uc815\ube44 \ubd80\ub2f4 \ud574\uc18c, \uacf5\uae09\ub9dd \uc815\uc0c1\ud654\ub85c \uac1c\uc120.<br>\ubd84\uae30\ubcc4 \uc18d\ub3c4\ub294 \ub2e4\ub97c \uc218 \uc788\uc9c0\ub9cc \ub0b4\ub144 \uc911\ubc18 \uc0ac\uace0 \uc774\uc804 \uc218\uc900 \ud68c\ubcf5.<br>\ub300\ub9cc\uc740 \ub9ac\ub4dc\ud0c0\uc784\uc774 \uae38\uc5b4 \uc218\uc694\ubcf4\ub2e4 \uba3c\uc800 \uc778\ud504\ub77c\uc640 \uacf5\uae09\ub9dd\uc5d0 \ud22c\uc790<\/td><\/tr><tr><td>Stanley Yang (JP\ubaa8\uac74)<\/td><td>\uc77c\ubcf8 \uc774\uce20 \ud22c\uc790 \ubc18\uc601 \uc5ec\ubd80, \uae30\uc874 \uace0\uac1d \uad6c\ub9e4 \uc99d\uac00\uac00 \uc774\uc5b4\uc9c8\uc9c0<\/td><td>\uc190\uc2e4 \uac00\uc774\ub358\uc2a4 \uc0c1\ud5a5\uc740 \uc8fc\ub85c \ub300\ub9cc \ub54c\ubb38.<br>\uc774\uce20(\ud55c\uad6d+\uc77c\ubcf8)\ub294 \uc190\uc775\ubd84\uae30 \uc218\uc900 \uc720\uc9c0.<br>\ubcf5\uadc0 \uace0\uac1d\uacfc \uc794\uc874 \uace0\uac1d \ubaa8\ub450 \uc0ac\uc0c1 \ucd5c\ub300 \uad6c\ub9e4\uc561.<br>\ube44\uad50 \uad6c\uac04\uc774 \uc9c0\ub098\uba74 \uc131\uc7a5\ub960\uc774 \uc815\uc0c1\uc73c\ub85c \uc218\ub834<\/td><\/tr><tr><td>Seyon Park (\ubaa8\uac74\uc2a4\ud0e0\ub9ac)<\/td><td>\ub9c8\ucf00\ud305\uc744 \uc904\uc774\uba74 \uc640\uc6b0 \ud68c\uc6d0\uc774 \ube60\uc9c8 \uc704\ud5d8, \uacbd\uc7c1 \ub300\uc751\uc778\uc9c0, \ub300\ub9cc \ud68c\uc6d0 \uae09\uc99d \uc774\uc720<\/td><td>\ub9c8\ucf00\ud305\uc740 \ub5a0\ub09c \ud575\uc2ec \uc640\uc6b0 \ud68c\uc6d0\uc744 \ub418\ucc3e\ub294 \ub370 \uc9d1\uc911\ud588\uace0, \uacbd\uc7c1 \ub300\uc751\uc774 \uc544\ub2d8.<br>\ub300\ubd80\ubd84\uc758 \uad6c\ub9e4\uc561\uc774 \ub3cc\uc544\uc640 \ud6a8\uacfc\uac00 \uc904\uc5b4 \uc774\ubbf8 \ucd95\uc18c \uc911.<br>\ub300\ub9cc\uc740 \ud2b9\ubcc4\ud55c \uc774\ubca4\ud2b8 \uc5c6\uc774 \uc0c1\ud488 \uad6c\uc0c9, \uc11c\ube44\uc2a4, \uac00\uaca9\uc73c\ub85c \uc131\uc7a5<\/td><\/tr><tr><td>Jiong Shao (\ubc14\ud074\ub808\uc774\uc988)<\/td><td>\uc774\uce20 \ube44\uc2dd\ud488 \ubc30\uc1a1\uc758 \uc4f0\uc784\uc0c8, \ub300\ub9cc \uc774\uce20 \uc9c4\ucd9c, 4Q \ub9c8\uc9c4 \uac00\uc774\ub358\uc2a4\uac00 \ubcf4\uc218\uc801\uc778\uc9c0<\/td><td>\ube44\uc2dd\ud488 \uc989\uc2dc\ubc30\uc1a1\uc740 \uc0c1\ud488 \uad6c\uc0c9\ubcf4\ub2e4 \ubc30\uc1a1 \uc18d\ub3c4\ub85c \ucc28\ubcc4\ud654.<br>\ud3b8\uc758\uc810, \uc9c0\uc5ed \uc0c1\uc810\uacfc \uc81c\ud734.<br>\ub300\ub9cc\uc740 \ub9ac\ud14c\uc77c\uacfc \ubb3c\ub958\uc5d0 \uc9d1\uc911.<br>4Q +50~150bp\ub294 3\uac00\uc9c0 \uc694\uc778 \uac1c\uc120\uc744 \ubc18\uc601\ud588\uace0 \ub0b4\ub144 2\ubd84\uae30\ucbe4 \uc815\uc0c1 \ub9c8\uc9c4 \ud68c\ubcf5<\/td><\/tr><tr><td>Wei Fang (\ubbf8\uc988\ud638)<\/td><td>\ub300\ub9cc \uae00\ub85c\ubc8c \uc0c1\ud488 \ube44\uc911\uacfc \uc120\uc81c \ud22c\uc790, Try Now Pay Later \ud655\ub300 \uae30\uc900<\/td><td>\uace0\uac1d\uc774 \uac00\uce58\ub97c \ub290\ub07c\ub294 \uc0c1\ud488\uc744 \uad6d\ub0b4\uc678 \uad6c\ubd84 \uc5c6\uc774 \ub113\ud798.<br>\ub300\ub9cc \uc778\ud504\ub77c\ub294 \ub9ac\ub4dc\ud0c0\uc784\uc774 \uae38\uc5b4 \uc5ec\uc720 \uc0dd\uc0b0\ub2a5\ub825\uc744 \uc758\ub3c4\uc801\uc73c\ub85c \ubcf4\uc720.<br>\uc0c8\ubcbd\ubc30\uc1a1\uc740 \uc778\uad6c\uc758 \uc808\ubc18\uc744 \ucee4\ubc84.<br>Try Now Pay Later\ub294 \ud14c\uc2a4\ud2b8 \uc911\uc778 \uc5ec\ub7ec \ud601\uc2e0 \uc911 \ud558\ub098.<br>\uace0\uac1d \uac00\uce58, \ub2e8\uc704 \uacbd\uc81c\uc131, \ud655\uc7a5\uc131, \uc8fc\uc8fc \uc218\uc775\ub960\uc774 \uac80\uc99d\ub3fc\uc57c \ud655\ub300<\/td><\/tr><\/tbody><\/table><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>1. \ud575\uc2ec \uc774\uc288: \ub9e4\ucd9c\uc740 \uac00\uc774\ub358\uc2a4 \uc0c1\ud68c, \uc774\uc775\uc740 \ud654\uc7ac\u00b7\uc815\ubcf4\uc720\ucd9c \uc5ec\ud30c\ub85c \uc801\uc790 \ud56d\ubaa9 \uae08\uc561 \uc778\ucc9c FC \ud654\uc7ac \ube44\uc6a9 $2.48\uc5b5 (\ub9e4\ucd9c\uc6d0\uac00 $0.95\uc5b5 + \uc6b4\uc601\ube44 $1.53\uc5b5) \uc601\uc5c5\uc190\uc2e4 -$4.5\uc5b5 (\ud654\uc7ac \uc81c\uc678 \uc2dc -$2.02\uc5b5). \uc804\ub144 \ub3d9\uae30 +$1.62\uc5b5 \uc21c\uc190\uc2e4 -$5.01\uc5b5 (\ud654\uc7ac \uc81c\uc678 \uc2dc -$3.21\uc5b5) EPS -$0.28 (\ud654\uc7ac \uc81c\uc678 \uc2dc -$0.18) \uc870\uc815 EBITDA $1.16\uc5b5, \ub9c8\uc9c4 1.2% (-329bp YoY, \uac00\uc774\ub358\uc2a4 -300~400bp \ubc94\uc704 \uc548) \ucd94\uc11d [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","footnotes":""},"categories":[38],"tags":[94,100,111],"class_list":["post-399","post","type-post","status-publish","format-standard","hentry","category-38","tag-94","tag-100","tag-coupang"],"uagb_featured_image_src":{"full":false,"thumbnail":false,"medium":false,"medium_large":false,"large":false,"1536x1536":false,"2048x2048":false,"blogsy-small":false,"blogsy-small-tall":false,"blogsy-small-square":false,"blogsy-small-masonry":false,"blogsy-medium":false,"blogsy-medium-masonry":false,"blogsy-large":false,"blogsy-wide":false},"uagb_author_info":{"display_name":"Arphile","author_link":"https:\/\/www.arphile.net\/?author=1"},"uagb_comment_info":0,"uagb_excerpt":"1. \ud575\uc2ec \uc774\uc288: \ub9e4\ucd9c\uc740 \uac00\uc774\ub358\uc2a4 \uc0c1\ud68c, \uc774\uc775\uc740 \ud654\uc7ac\u00b7\uc815\ubcf4\uc720\ucd9c \uc5ec\ud30c\ub85c \uc801\uc790 \ud56d\ubaa9 \uae08\uc561 \uc778\ucc9c FC \ud654\uc7ac \ube44\uc6a9 $2.48\uc5b5 (\ub9e4\ucd9c\uc6d0\uac00 $0.95\uc5b5 + \uc6b4\uc601\ube44 $1.53\uc5b5) \uc601\uc5c5\uc190\uc2e4 -$4.5\uc5b5 (\ud654\uc7ac \uc81c\uc678 \uc2dc -$2.02\uc5b5). \uc804\ub144 \ub3d9\uae30 +$1.62\uc5b5 \uc21c\uc190\uc2e4 -$5.01\uc5b5 (\ud654\uc7ac \uc81c\uc678 \uc2dc -$3.21\uc5b5) EPS -$0.28 (\ud654\uc7ac \uc81c\uc678 \uc2dc -$0.18) \uc870\uc815 EBITDA $1.16\uc5b5, \ub9c8\uc9c4 1.2% (-329bp YoY, \uac00\uc774\ub358\uc2a4 -300~400bp \ubc94\uc704 \uc548) \ucd94\uc11d&hellip;","_links":{"self":[{"href":"https:\/\/www.arphile.net\/index.php?rest_route=\/wp\/v2\/posts\/399","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.arphile.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.arphile.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.arphile.net\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.arphile.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=399"}],"version-history":[{"count":2,"href":"https:\/\/www.arphile.net\/index.php?rest_route=\/wp\/v2\/posts\/399\/revisions"}],"predecessor-version":[{"id":401,"href":"https:\/\/www.arphile.net\/index.php?rest_route=\/wp\/v2\/posts\/399\/revisions\/401"}],"wp:attachment":[{"href":"https:\/\/www.arphile.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=399"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.arphile.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=399"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.arphile.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=399"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}