Gogolook Co., Ltd. (6902) AI Stock Analysis

Gogolook Co., Ltd.

(TWSE:6902)

Select Model

Rating:54Neutral

Price Target:TWD 129.00▼(-3.01% Downside)

Action:initiatedcoverage

Date:11/10/26

The score is constrained primarily by persistent negative cash flow and weak technical momentum. Profitability recovery and strong gross margins provide support, but the valuation remains moderate-to-demanding and the balance sheet carries increased leverage.

Positive Factors

Revenue GrowthStrong revenue expansion indicates that Gogolook is growing its customer reach and monetizing demand for trust and safety services. If maintained, this growth can enlarge the platform’s data advantages, support operating leverage, and provide a durable base for future earnings development.

Negative Factors

Negative Cash GenerationPersistent negative operating and free cash flow means reported profitability is not yet translating into cash generation. If this continues, Gogolook may have less flexibility to fund product investment internally and could become more reliant on external financing to sustain growth.

Gogolook Co., Ltd. (6902) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 4.60B
Dividend Yield: ―
Average Volume (3M): 387.03K
Price to Earnings (P/E): 27.8
Beta (1Y): 0.73
Revenue Growth: 25.77%
EPS Growth: ―
Country: TW
Employees: 228
Sector: General
Sector Strength: 55
Industry: Software - Application

Gogolook Co., Ltd. Business Overview & Revenue Model

Company Description

Gogolook Co., Ltd., established in 2012 and headquartered in Taipei City, Taiwan, operates across global markets, focusing on communication fraud prevention, financial technology, and SaaS risk management. Among its key offerings is Whoscall, a promi...

Gogolook Co., Ltd. Financial Statement Overview

Summary

Profitability recovered in 2025 and gross margins remained strong, while the balance sheet was reasonably sound. However, negative operating and free cash flow was the primary weakness, and leverage increased.

Income Statement

72Positive

Balance Sheet

68Positive

Cash Flow

35Negative

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	1.18B	1.05B	866.85M	770.61M	420.08M	255.64M
Gross Profit	1.05B	925.92M	785.54M	704.07M	359.07M	228.03M
EBITDA	193.23M	90.51M	-11.66M	32.24M	-46.36M	-50.56M
Net Income	170.82M	53.85M	-39.66M	5.10M	-57.41M	-61.15M
Balance Sheet
Total Assets	1.43B	1.29B	930.76M	680.01M	404.23M	376.85M
Cash, Cash Equivalents and Short-Term Investments	494.96M	403.51M	249.17M	458.99M	235.47M	264.19M
Total Debt	393.59M	329.25M	253.65M	18.56M	29.67M	22.45M
Total Liabilities	615.06M	589.73M	522.85M	227.52M	168.70M	111.77M
Stockholders Equity	814.60M	699.67M	407.91M	452.50M	235.53M	265.08M
Cash Flow
Free Cash Flow	-9.35M	-158.84M	-273.16M	30.46M	-51.82M	-68.93M
Operating Cash Flow	-7.91M	-157.32M	-230.44M	34.75M	-48.26M	-64.91M
Investing Cash Flow	-65.72M	-82.44M	-166.61M	-7.87M	-22.94M	-3.29M
Financing Cash Flow	103.20M	304.35M	173.34M	203.54M	10.77M	-8.59M

Gogolook Co., Ltd. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:6902 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:6689	65Neutral	TWD 5.16B	34.54	―	2.64%	-0.73%	16.72%
TW:2468	64Neutral	TWD 4.62B	48.53	―	1.52%	-1.96%	18.20%
TW:2427	62Neutral	TWD 4.28B	15.32	―	3.24%	21.74%	-84.64%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TW:6902	54Neutral	TWD 4.55B	27.79	―	―	25.77%	―
TW:6776	47Neutral	TWD 4.58B	11.35	―	5.84%	25.60%	14.34%
TW:6163	46Neutral	TWD 5.43B	39.22	―	1.54%	24.16%	78.64%

* General Sector Average

Performance Comparison

TW:6902 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:6902	Gogolook Co., Ltd.	133.00	62.60	88.92%
TW:2427	Mercuries Data Systems Ltd.	19.85	-5.94	-23.04%
TW:2468	Fortune Information System Corp.	68.30	26.67	64.08%
TW:6163	Hwacom Systems Inc	38.50	11.44	42.28%
TW:6689	eCloudvalley Digital Technology Co., Ltd.	78.00	14.33	22.51%
TW:6776	WebLink International, Inc.	51.50	1.91	3.86%

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

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 10, 2026

Gogolook Co., Ltd. AI Stock Analysis