The VC, Korea's largest startup investment data platform, has launched new "detailed financial statements" and "artificial intelligence (AI) financial analysis" features that allow users to analyze startups' financial data.
According to The VC on the 8th, the newly introduced detailed financial statements go beyond the previous six key financial metrics to provide a breakdown of asset, liability and capital structures as well as revenue, cost and profit-and-loss flows at the account-level. This enables users to gain a multidimensional understanding of a company's financial condition and structure beyond simple figures.
The AI financial analysis feature, launched alongside, provides interpretive insights centered on a company's stability, growth potential and profitability based on key financial data. For example, users can assess short-term payment capacity and financial stability based on the current ratio. They can also evaluate growth efficiency by comparing revenue growth rates with selling, general and administrative expense growth rates, and comprehensively analyze profit structure and asset utilization efficiency through gross profit margin and return on assets (ROA).
Designed to make complex financial data intuitively interpretable, the new features help users quickly grasp a company's current status and the direction of change.
"There are many analysis tools for listed companies, but there has been a lack of views that allow investors to examine unlisted startups' finances from an investor's perspective," said Byun Jae-geuk, CEO of The VC. "We expect these features to fill that gap and help users more easily understand startup financial information and utilize it in their investment decisions."