InterServ International, Inc. AI Stock Analysis
InterServ International, Inc. (6169) AI Stock Analysis
InterServ International, Inc.
(TPEx:6169)
InterServ scores poorly overall, driven primarily by severe and widening losses and accelerating cash burn: net loss nearly doubled to NT$56.9 million and operations consumed roughly NT$51 million of cash on a revenue base of just NT$28.5 million. Shrinking equity alongside rapidly rising leverage raises funding risk, though a 54% equity-to-assets ratio buys some time. Technicals reinforce the caution, with the price below all key moving averages and negative MACD momentum amid a prolonged downtrend. Valuation provides no support given negative earnings and no dividend. The positives — three years of revenue growth and a gross margin improvement to 49.4% — are encouraging but far too small to offset the profitability gap, making this a high-risk, speculative situation.
InterServ International, Inc. (6169) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 266.70M
- Dividend Yield
- ―
- Average Volume (3M)
- 11.19K
- Price to Earnings (P/E)
- -5.0
- Beta (1Y)
- 0.09
- Revenue Growth
- -87.79%
- EPS Growth
- -5.20%
- Country
- TW
- Employees
- 120
- Sector
- General
- Sector Strength
- 55
- Industry
- Electronic Gaming & Multimedia
InterServ International, Inc. Business Overview & Revenue Model
Company Description
InterServ International Inc. operates as a global video game developer. The company is involved in educational entertainment initiatives and manages the full lifecycle—from research and development to operation—of games designed for television, perso...
InterServ International, Inc. Financial Statement Overview
Summary
Financials are very weak. Revenue is tiny (about NT$28.5 million) but growing roughly 19%, and gross margin nearly doubled to 49.4%, showing a better product mix. However, operating costs dwarf sales, producing an operating margin near -177% and a net loss of NT$56.9 million that nearly doubled year over year. Cash burn accelerated to negative NT$50.7 million of operating cash flow, with losses translating almost one-for-one into cash outflows. The balance sheet is the only relative strength: equity of about NT$235 million funds 54% of assets and debt-to-equity is a manageable 0.66, but equity has eroded from NT$337 million in 2022 while leverage has doubled in a year. Without a sharp revenue ramp, external funding will likely be needed.
Income Statement
14Very NegativeBalance Sheet
42NeutralCash Flow
9Very Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Mar 2023 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 9.78M | 28.48M | 23.88M | 19.20M | 4.16M | 11.47M |
| Gross Profit | 3.16M | 14.07M | 6.29M | 2.81M | 911.00K | 9.27M |
| EBITDA | -55.71M | -48.15M | -24.56M | -6.41M | 8.24M | -19.16M |
| Net Income | -58.18M | -56.86M | -28.48M | -16.23M | 5.71M | 3.08M |
Balance Sheet | ||||||
| Total Assets | 469.95M | 432.40M | 424.38M | 430.08M | 447.23M | 403.28M |
| Cash, Cash Equivalents and Short-Term Investments | 44.94M | 28.48M | 25.29M | 39.76M | 43.79M | 43.81M |
| Total Debt | 222.95M | 156.48M | 94.17M | 78.82M | 88.01M | 45.48M |
| Total Liabilities | 267.76M | 196.92M | 132.11M | 109.48M | 110.38M | 72.31M |
| Stockholders Equity | 202.19M | 235.48M | 292.26M | 320.61M | 336.85M | 330.97M |
Cash Flow | ||||||
| Free Cash Flow | -52.87M | -50.91M | -30.44M | -22.66M | -18.69M | -18.86M |
| Operating Cash Flow | -52.85M | -50.70M | -30.07M | -21.83M | -17.90M | -18.71M |
| Investing Cash Flow | -21.58M | -2.18M | 149.00K | 24.62M | -4.20M | -19.22M |
| Financing Cash Flow | 90.44M | 55.48M | 15.78M | -6.79M | 37.62M | -2.17M |
InterServ International, Inc. Peers Comparison
Overall Rating
- TW:616930Underperform
TW:362922Underperform
Financial Indicators
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:6169 | InterServ International, Inc. | 11.30 | -8.00 | -41.45% | |
| TW:3629 | Gravitytai Co. Ltd. | 12.50 | -12.20 | -49.39% | |
| TW:6428 | Taiwan Taomee Co., Ltd. | 29.10 | 17.20 | 144.54% | |
| TW:6583 | YOOSONN Entertainment Co., Ltd. | 10.45 | -5.55 | -34.69% | |
| TW:6882 | Reallusion, Inc. | 17.70 | 4.20 | 31.11% | |
| TW:8458 | 1 Production Film Co. | 8.46 | -12.94 | -60.47% |
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Nov 09, 2026