Cuckoo Homesys
쿠쿠홈시스 · 284740
Consumer Discretionary Consumer Services · KOSPI
Market cap US$360.1M (₩497B)
Overview
Cuckoo Homesys rents household appliances, such as water purifiers, air purifiers, bidets, massage chairs, and mattresses, directly to consumers under subscription-style contracts that include regular maintenance and servicing.
Rather than purchasing outright, customers pay a recurring rental fee, while the company retains ownership and responsibility for upkeep. Listed on KOSPI, Korea's main stock exchange, its business model centers on building a large base of long-term rental accounts that generate steady, recurring revenue. The company competes in a domestic market where nationwide service infrastructure and brand trust are key competitive factors.
Summary is AI-generated and may contain errors · figures from DART filings
Financials
Source: DART · FY ending Dec · latest FY2025Revenue
- FY2023US$691.7M
- FY2024US$766.1M
- FY2025US$812.6M
Operating profit
- FY2023US$105M
- FY2024US$119.4M
- FY2025US$122.7M
Net income
- FY2023US$87.9M
- FY2024US$98.6M
- FY2025US$97.3M
Key ratios (FY2025)
Why it matters
The filing names Coway, SK Magic, and Chungho Nais as direct competitors, giving foreign investors a clear picture of the concentrated competitive landscape Cuckoo Homesys operates within.
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