236810

NBT is a South Korean digital advertising and mobile services company that operates a reward-based mobile point ecosystem. Its primary B2B business is Addison Offerwall, a reward advertising solution that connects advertisers, mobile platforms, and users, facilitating engagement through point accumulation. The company's B2C services include CashSlide, a lock-screen advertising and reward app; CashSlide StepUp, a pedometer-based reward service; CashFeed, a content-based reward platform; and Chips, a cashback shopping portal. NBT also operates a mobile commerce segment, selling products through its platforms and managing a B2B mobile shopping service called MyStore. The company serves advertisers, ad agencies, and media representatives, while providing point-based incentives to end-users. NBT partners with major South Korean platforms such as Naver Webtoon, Naver Pay, Toss, Baedal Minjok, and KakaoT. Founded in 2012, the company has expanded its operations globally, entering markets in the United States, Thailand, Taiwan, Indonesia, Canada, France, Mexico, India, Malaysia, and the Philippines.

Summarised from the company's own disclosures, fiscal year ended Mar 2026

Industry Advertising Agencies Homepage nbt.com
Sector Communication Services IR page nbt.com/ir_notice
Tags
reward advertising, mobile app monetization, cashback shopping, ad-tech, mobile commerce, user engagement platforms, performance marketing, Addison Offerwall, CashSlide, CashSlide StepUp, CashFeed, Chips, MyStore, Addison RTB, Smallbytes, aLock, 1-Second Fine Dust, The Quiz Live
Press page —

Metrics

Valuation  
Market cap ₩ 24.241B
P/E 11.90
P/BV 1.23
P/S —
P/OCF -2.40
P/FCF -2.31
Dividend yield —
Turnover / mcap —
Returns  
ROE -19.7%
ROI -21.8%
ROIC -23.4%
Profit margin —
Growth  
Revenue growing —
Profits growing No
Revenue up 3y —
Revenue up 5y —
Quality  
Profitable No
Margin expanding —
Buying back stock —
Diluting (TTM) No
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News sentiment (TTM) —
Quality score -54.5%
Insiders  
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Figure FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 FY 2019 FY 2018
Assets 35.757B 69.247B 75.168B 83.342B 80.547B 30.403B 27.35B 22.886B
Free cash flow -10.313B -3.166B -2.119B 909.335M -26.428B -423.333M 4.35B -2.905B

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NBT (ticker 236810), listed in South Korea.