28,950
-1.03%
Close of 9 Nov 2026, in KRW
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At a glance
Figures in KRW, from our data supplier.
Revenue
₩133.85bn
FY2016FY2025
Net income
−₩57.77bn
FY2016FY2025
Free cash flow
−₩13.57bn
FY2016FY2025
Shareholders' equity
₩423.55bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₩133.85bn | ₩144.91bn | ₩182.70bn | ₩328.86bn | ₩271.58bn | ₩155.49bn | ₩135.31bn | ₩120.09bn | ₩87.49bn | ₩71.96bn |
| Research and development | ₩1.28bn | ₩1.33bn | ₩1.69bn | ₩2.07bn | ₩879.7m | ₩37.5m | — | — | — | — |
| Operating income | ₩3.71bn | ₩12.24bn | −₩7.98bn | ₩56.47bn | ₩50.63bn | ₩29.83bn | ₩25.70bn | ₩26.96bn | ₩18.07bn | ₩14.89bn |
| Net income | −₩57.77bn | −₩27.40bn | −₩41.75bn | ₩37.36bn | ₩43.77bn | ₩27.34bn | ₩23.05bn | ₩22.64bn | ₩14.82bn | ₩12.57bn |
| Diluted earnings per share | -5,818.08 | -2,759.04 | -4,204.61 | 3,762.65 | 4,407.81 | 2,780.56 | 2,304.56 | 2,881.17 | 1,992.32 | 1,688.81 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ₩849.54bn | ₩1.01trn | ₩933.69bn | ₩818.66bn | ₩404.59bn | ₩260.70bn | ₩235.24bn | ₩134.75bn | ₩101.72bn | ₩82.51bn |
| Cash and short-term investments | — | ₩173.63bn | ₩167.81bn | ₩261.48bn | ₩58.25bn | ₩58.50bn | ₩84.34bn | ₩17.76bn | ₩2.50bn | ₩3.58bn |
| Total liabilities | ₩382.16bn | ₩592.95bn | ₩583.16bn | ₩475.58bn | ₩119.80bn | ₩36.18bn | ₩24.64bn | ₩27.15bn | ₩24.77bn | ₩20.58bn |
| Debt | ₩60.38bn | ₩450.16bn | ₩514.35bn | ₩345.04bn | ₩71.25bn | ₩26.00bn | ₩11.99bn | ₩13.17bn | ₩13.70bn | ₩14.24bn |
| Shareholders' equity | ₩423.55bn | ₩365.90bn | ₩296.57bn | ₩343.08bn | ₩284.79bn | ₩224.52bn | ₩210.60bn | ₩107.60bn | ₩76.95bn | ₩61.94bn |
| Shares outstanding | 10m | 10m | 10m | 10m | 10m | 10m | 10m | 8m | 7m | 7m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | ₩8.03bn | ₩22.49bn | ₩57.16bn | ₩65.57bn | −₩14.28bn | ₩19.06bn | ₩22.70bn | ₩22.19bn | ₩14.33bn | ₩7.73bn |
| Capital spending | −₩21.61bn | −₩129.47bn | −₩306.59bn | −₩197.99bn | −₩70.66bn | −₩50.87bn | −₩25.11bn | −₩12.40bn | −₩14.29bn | −₩18.85bn |
| Free cash flow | −₩13.57bn | −₩106.98bn | −₩249.43bn | −₩132.42bn | −₩84.94bn | −₩31.81bn | −₩2.41bn | ₩9.79bn | ₩41.2m | −₩11.12bn |
| Dividends paid | — | — | −₩4.96bn | −₩2.98bn | −₩2.95bn | −₩3.00bn | −₩3.00bn | −₩3.00bn | −₩3.00bn | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₩51.00bn | ₩40.77bn | ₩34.58bn | ₩30.63bn | ₩33.09bn | ₩35.56bn | ₩31.69bn | ₩37.54bn |
| Operating income | ₩4.54bn | ₩88.8m | — | ₩552.5m | ₩2.89bn | — | ₩37.58bn | ₩931.6m |
| Net income | −₩2.06bn | −₩8.93bn | −₩50.69bn | −₩2.92bn | −₩5.09bn | ₩920.5m | ₩22.73bn | −₩4.70bn |
| Diluted earnings per share | -172.27 | -746.68 | -4,239.32 | -293.83 | -512.22 | 92.70 | 2,288.82 | -473.44 |
| Cash from operations | −₩13.55bn | ₩570.0m | −₩7.84bn | ₩6.08bn | ₩7.55bn | ₩2.23bn | ₩5.81bn | ₩16.67bn |
| Capital spending | −₩9.94bn | −₩9.42bn | −₩7.21bn | −₩3.21bn | −₩5.74bn | −₩5.44bn | −₩18.05bn | −₩111.42bn |
| Free cash flow | −₩23.49bn | −₩8.85bn | −₩15.05bn | ₩2.87bn | ₩1.82bn | −₩3.21bn | −₩12.24bn | −₩94.74bn |
| Total assets | ₩907.90bn | ₩840.05bn | ₩849.54bn | ₩833.02bn | ₩841.78bn | ₩881.82bn | ₩1.01trn | ₩943.95bn |
| Cash and short-term investments | — | — | — | — | — | ₩91.44bn | ₩173.63bn | ₩114.53bn |
| Debt | ₩43.25bn | ₩51.81bn | ₩60.38bn | ₩69.35bn | ₩78.42bn | ₩223.61bn | ₩225.61bn | ₩287.69bn |
| Shareholders' equity | ₩451.97bn | ₩436.08bn | ₩423.55bn | ₩358.84bn | ₩361.61bn | ₩366.87bn | ₩365.90bn | ₩246.60bn |
Financial ratios
Data as of 31 Aug 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Operating margin | 2.8% | 8.4% | -4.4% | 17.2% | 18.6% | 19.2% |
| Net margin | -43.2% | -18.9% | -22.9% | 11.4% | 16.1% | 17.6% |
| Return on equity | -13.6% | -7.5% | -14.1% | 10.9% | 15.4% | 12.2% |
| Return on assets | -6.8% | -2.7% | -4.5% | 4.6% | 10.8% | 10.5% |
| Revenue growth | -7.6% | -20.7% | -44.4% | 21.1% | 74.7% | 14.9% |
| Earnings growth | 110.9% | -34.4% | -211.7% | -14.6% | 60.1% | 18.7% |
| Current ratio | 0.39x | 0.51x | 1.21x | 2.96x | 3.37x | 7.06x |
| Debt to equity | 0.14x | 0.62x | 1.69x | 0.94x | 0.20x | 0.07x |
| Equity ratio | 49.9% | 36.3% | 31.8% | 41.9% | 70.4% | 86.1% |
| Interest coverage | 0.16x | 0.64x | -0.47x | 5.18x | 61.00x | 91.50x |
| R&D as a share of sales | 1.0% | 0.9% | 0.9% | 0.6% | 0.3% | 0.0% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -25.9% | -3.0% | 7.7% |
| Operating income | -59.6% | -34.1% | -13.3% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 5.7% | 8.2% | 11.9% | 14.5% |
| Net margin | -30.6% | -11.3% | -1.5% | 4.0% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Price to earnings | -8.4 | -13.2 | -26.2 | 58.0 | 79.1 | 65.6 | 26.7 |
| Price to sales | 3.6 | 2.5 | 6.0 | 6.6 | 12.8 | 11.5 | 4.5 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 28 Dec 2022.
| FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|
| Paid in the year | 500.00 | 300.00 | 300.00 | 300.00 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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