| Breakdown ₩ bn | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Total Revenue | 121.0 | 111.8 | 71.3 |
| Cost of Revenue | 101.8 | 78.6 | 49.1 |
| Gross Profit | 19.2 | 33.2 | 22.2 |
| Selling, General & Administrative | 72.6 | 56.1 | 54.2 |
| Operating Income | -53.4 | -22.9 | -31.9 |
| Finance Income | 2.1 | 2.0 | 1.7 |
| Finance Costs | 3.6 | 269.6 | 55.1 |
| Pretax Income | -54.4 | -290.6 | -85.0 |
| Income Tax Expense | 1.8 | 0.3 | 1.2 |
| Net Income | -56.2 | -290.9 | -86.2 |
| Total Comprehensive Income | -57.9 | -279.1 | -84.8 |
| Breakdown ₩ bn | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Total Assets | 309.3 | 209.2 | 193.3 |
| Current Assets | 184.5 | 75.0 | 73.6 |
| Cash & Cash Equivalents | 79.4 | 17.3 | 36.9 |
| Inventories | 0.1 | 0.0 | 0.0 |
| Trade Receivables | 13.7 | 10.2 | 12.5 |
| Non-current Assets | 124.8 | 134.2 | 119.7 |
| Property, Plant & Equipment | 5.5 | 5.8 | 7.5 |
| Intangible Assets | 84.3 | 87.9 | 81.2 |
| Total Liabilities | 88.8 | 69.3 | 447.6 |
| Current Liabilities | 80.1 | 51.8 | 437.7 |
| Non-current Liabilities | 8.6 | 17.5 | 9.9 |
| Total Equity | 220.5 | 139.9 | -254.3 |
| Share Capital | 33.9 | 28.3 | 0.2 |
| Retained Earnings | -615.2 | -559.6 | -268.8 |
| Breakdown ₩ bn | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Cash from Operating Activities | -8.9 | -19.4 | -31.2 |
| Cash from Investing Activities | -58.4 | -0.4 | -10.9 |
| Purchase of Property, Plant & Equipment | 2.2 | 1.2 | 1.2 |
| Cash from Financing Activities | 129.5 | -0.2 | 66.2 |
| Net Change in Cash | 62.3 | -20.3 | 23.9 |
| Breakdown ₩ bn | 2026 Q2 | 2026 Q1 | 2025 Q4 |
|---|---|---|---|
| Total Revenue | 46.8 | 47.9 | — |
| Cost of Revenue | 37.2 | 27.6 | — |
| Gross Profit | 9.6 | 20.3 | — |
| Selling, General & Administrative | 20.7 | 20.2 | — |
| Operating Income | -11.0 | 0.1 | — |
| Finance Income | 1.6 | 2.8 | — |
| Finance Costs | 2.4 | 1.4 | — |
| Pretax Income | -11.9 | 1.5 | — |
| Income Tax Expense | -0.4 | 0.1 | — |
| Net Income | -12.2 | 1.3 | — |
| Total Comprehensive Income | -10.6 | 6.4 | — |
| Breakdown ₩ bn | 2026 Q2 | 2026 Q1 | 2025 Q4 |
|---|---|---|---|
| Total Assets | 348.7 | 319.7 | 309.3 |
| Current Assets | 177.3 | 184.0 | 184.5 |
| Cash & Cash Equivalents | 31.7 | 47.4 | 79.4 |
| Inventories | 1.7 | 0.5 | 0.1 |
| Trade Receivables | 23.3 | 27.7 | 13.7 |
| Non-current Assets | 171.4 | 135.7 | 124.8 |
| Property, Plant & Equipment | 12.1 | 12.2 | 5.5 |
| Intangible Assets | 88.5 | 87.7 | 84.3 |
| Total Liabilities | 126.0 | 90.5 | 88.8 |
| Current Liabilities | 102.5 | 83.3 | 80.1 |
| Non-current Liabilities | 23.4 | 7.2 | 8.6 |
| Total Equity | 222.8 | 229.2 | 220.5 |
| Share Capital | 34.0 | 33.9 | 33.9 |
| Retained Earnings | -626.1 | -613.9 | -615.2 |
| Breakdown ₩ bn | 2026 Q2 | 2026 Q1 | 2025 Q4 |
|---|---|---|---|
| Cash from Operating Activities | -11.1 | -18.7 | — |
| Cash from Investing Activities | -5.6 | -2.6 | — |
| Purchase of Property, Plant & Equipment | 5.5 | 2.5 | — |
| Cash from Financing Activities | 0.9 | -11.0 | — |
| Net Change in Cash | -15.7 | -32.0 | — |
| FY2025 ₩bn | Latest | 1-yr | 3-yr CAGR | 5-yr CAGR | 10-yr CAGR |
|---|---|---|---|---|---|
| Revenue | 121.0 | +8.2% | — | — | — |
| Operating income | -53.4 | — | — | — | — |
| Net income | -56.2 | — | — | — | — |
| EPS | ₩-1,652 | — | — | — | — |
| Operating cash flow | -8.9 | — | — | — | — |
| Shareholders' equity | 220.5 | +57.6% | — | — | — |
| Ratio | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Gross margin | 15.9% | 29.7% | 31.2% |
| Operating margin | -44.1% | -20.5% | -44.7% |
| Net margin | -46.5% | -260.2% | -120.8% |
| Return on equity | -31.2% | — | — |
| Return on assets | -21.7% | -144.5% | -44.6% |
| Operating cash flow / revenue | -7.3% | -17.4% | -43.8% |
| Capex / revenue | 1.8% | 1.1% | 1.7% |
| Symbol | Last Price |
|---|---|
| 375500DL E & C Co., Ltd. | ₩73,400 +1.2% |
| 051600KEPCO Plant Service & Engineering | ₩45,800 +1.1% |
| 475150SK eternix | ₩52,000 +4.6% |
| 060370LS Marine Solution | ₩30,900 +4.0% |
| 294870Ipark Hyundai Development Company | ₩23,300 +0.4% |
| 097230HJ Shipbuilding & Construction | ₩16,110 +0.2% |
| 002990KUMHO Engineering & Construction Co., Ltd. | ₩16,090 -2.5% |
| 045100Hanyang ENG Co., Ltd. | ₩29,850 +2.2% |
| 009410Taeyoung Engineering & Construction | ₩1,687 +0.7% |
| 035890Seohee Construction Co., Ltd. | ₩2,325 +2.6% |