View ValuationFADU 향후 성장Future 기준 점검 6/6FADU (는) 각각 연간 81% 및 55.1% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 81.1% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 80.5% 로 예상됩니다.핵심 정보81.0%이익 성장률81.13%EPS 성장률Semiconductor 이익 성장36.2%매출 성장률55.1%향후 자기자본이익률80.51%애널리스트 커버리지Low마지막 업데이트18 May 2026최근 향후 성장 업데이트Price Target Changed • Feb 03Price target increased by 133% to ₩28,000Up from ₩12,000, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of ₩27,600. Stock is up 97% over the past year. The company posted a net loss per share of ₩1,846 last year.모든 업데이트 보기Recent updates공시 • Mar 13FADU Inc., Annual General Meeting, Mar 26, 2026FADU Inc., Annual General Meeting, Mar 26, 2026, at 09:01 Tokyo Standard Time. Location: rose hall, 737, yeongdong-daero, gangnam-gu, seoul South Korea분석 기사 • Feb 10Is FADU (KOSDAQ:440110) Using Debt In A Risky Way?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...New Risk • Feb 03New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of South Korean stocks, typically moving 16% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₩26b free cash flow). Share price has been highly volatile over the past 3 months (16% average weekly change).Price Target Changed • Feb 03Price target increased by 133% to ₩28,000Up from ₩12,000, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of ₩27,600. Stock is up 97% over the past year. The company posted a net loss per share of ₩1,846 last year.분석 기사 • Dec 19FADU Inc.'s (KOSDAQ:440110) P/S Still Appears To Be ReasonableWhen close to half the companies in the Semiconductor industry in Korea have price-to-sales ratios (or "P/S") below...New Risk • Nov 27New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of South Korean stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₩26b free cash flow). Share price has been highly volatile over the past 3 months (11% average weekly change).Reported Earnings • Nov 14Third quarter 2025 earnings released: ₩218 loss per share (vs ₩622 loss in 3Q 2024)Third quarter 2025 results: ₩218 loss per share (improved from ₩622 loss in 3Q 2024). Revenue: ₩25.6b (up 154% from 3Q 2024). Net loss: ₩10.7b (loss narrowed 65% from 3Q 2024). Revenue is forecast to grow 48% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Semiconductor industry in South Korea.분석 기사 • Oct 27Is FADU (KOSDAQ:440110) Using Debt In A Risky Way?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...New Risk • Sep 10New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-₩55b free cash flow). Minor Risk Share price has been volatile over the past 3 months (7.6% average weekly change).Reported Earnings • Aug 15Second quarter 2025 earnings released: ₩296 loss per share (vs ₩429 loss in 2Q 2024)Second quarter 2025 results: ₩296 loss per share (improved from ₩429 loss in 2Q 2024). Revenue: ₩23.7b (up 234% from 2Q 2024). Net loss: ₩14.6b (loss narrowed 31% from 2Q 2024). Revenue is forecast to grow 51% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Semiconductor industry in South Korea.New Risk • Aug 15New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -₩55b This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. This is currently the only risk that has been identified for the company.공시 • May 22FADU Inc. announced that it expects to receive KRW 11.99 billion in fundingFADU Inc. announced a private placement to issue Zero Coupon Series 7 Unregistered Unsecured Private Placement Convertible Bonds due May 23, 2030 for gross proceeds of KRW 11,990,000,000 on May 21, 2025. The transaction will include participation from new investor Zephyrus Growth IT Specialized Co., Ltd. The transaction has been approved by shareholders, restricted to a hold period, expected to close on May 23, 2025, 100% convertible into 1,116,907 shares at a fixed conversion price of KRW 10,735 from May 23, 2026 to April 23, 2030, bears zero coupon rate, 2.5% maturity rate and matures on May 23, 2030.New Risk • May 13New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 9.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-₩116b free cash flow). Minor Risk Share price has been volatile over the past 3 months (9.1% average weekly change).분석 기사 • Apr 03FADU Inc.'s (KOSDAQ:440110) Share Price Is Still Matching Investor Opinion Despite 28% SlumpUnfortunately for some shareholders, the FADU Inc. ( KOSDAQ:440110 ) share price has dived 28% in the last thirty days...분석 기사 • Mar 28Is FADU (KOSDAQ:440110) Using Too Much Debt?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Reported Earnings • Mar 22Full year 2024 earnings released: ₩1,846 loss per share (vs ₩1,275 loss in FY 2023)Full year 2024 results: ₩1,846 loss per share (further deteriorated from ₩1,275 loss in FY 2023). Revenue: ₩43.5b (up 94% from FY 2023). Net loss: ₩90.6b (loss widened 60% from FY 2023). Revenue is forecast to grow 79% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Semiconductor industry in South Korea.공시 • Mar 13FADU Inc., Annual General Meeting, Mar 26, 2025FADU Inc., Annual General Meeting, Mar 26, 2025, at 09:01 Tokyo Standard Time. Location: conference room, 737, yeongdong-daero, gangnam-gu, seoul South Korea분석 기사 • Dec 09FADU Inc. (KOSDAQ:440110) Not Lagging Industry On Growth Or PricingFADU Inc.'s ( KOSDAQ:440110 ) price-to-sales (or "P/S") ratio of 29.4x may look like a poor investment opportunity when...분석 기사 • Oct 26Is FADU (KOSDAQ:440110) Weighed On By Its Debt Load?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...New Risk • Sep 12New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 9.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-₩123b free cash flow). Minor Risk Share price has been volatile over the past 3 months (9.5% average weekly change).Reported Earnings • Sep 02Second quarter 2024 earnings released: ₩429 loss per share (vs ₩328 loss in 2Q 2023)Second quarter 2024 results: ₩429 loss per share (further deteriorated from ₩328 loss in 2Q 2023). Revenue: ₩7.09b (up ₩6.77b from 2Q 2023). Net loss: ₩21.1b (loss widened 46% from 2Q 2023). Revenue is forecast to grow 95% p.a. on average during the next 3 years, compared to a 25% growth forecast for the Semiconductor industry in South Korea.분석 기사 • Jun 07Is FADU (KOSDAQ:440110) Weighed On By Its Debt Load?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...New Risk • Mar 23New minor risk - Financial data availabilityLess than 3 years of financial data is available. This is considered a minor risk. If the company has been trading for less than 3 years, then it has not had the opportunity to establish a long-term track record. This makes it difficult for investors to assess the true growth potential, sustainability and resilience of the business under different economic conditions. This is currently the only risk that has been identified for the company.공시 • Aug 07FADU Inc. has completed an IPO in the amount of KRW 193.75 billion.FADU Inc. has completed an IPO in the amount of KRW 193.75 billion. Security Name: Common Stock Security Type: Common Stock Securities Offered: 6,250,000 Price\Range: KRW 31000 Discount Per Security: KRW 930 Transaction Features: ESOP Related Offering; Sponsor Backed Offering이익 및 매출 성장 예측KOSDAQ:A440110 - 애널리스트 향후 추정치 및 과거 재무 데이터 (KRW Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/2028829,342215,020148,350213,950312/31/2027552,201135,995100,100127,350312/31/2026313,69460,18548,20059,15033/31/2026132,739-53,2706,78310,671N/A12/31/202592,419-75,624-7,841-3,704N/A9/30/202592,526-61,027-26,030-22,250N/A6/30/202576,977-80,876-55,182-51,170N/A3/31/202560,390-87,339-96,027-89,057N/A12/31/202443,503-90,564-116,058-108,840N/A9/30/202423,946-89,777-142,289-131,369N/A6/30/202414,172-73,562-123,152-111,601N/A3/31/20247,139-67,765-90,435-80,657N/A12/31/202322,471-56,697-53,112-42,165N/A9/30/202341,885-29,846-29,446-17,865N/A3/31/202362,568-137,976-13,914944N/A12/31/202256,402-227,460-19,087-6,505N/A12/31/20215,157-43,341-29,670-25,240N/A12/31/2020839-82,289-28,617-24,349N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: A440110 은 향후 3년 동안 수익을 낼 것으로 예상되며, 이는 절약률(3.1%)보다 빠른 성장으로 간주됩니다.수익 vs 시장: A440110 (는) 향후 3년 동안 평균 시장 성장보다 높은 수익을 올릴 것으로 예상됩니다.고성장 수익: A440110 향후 3년 내에 수익을 낼 것으로 예상됩니다.수익 대 시장: A440110 의 수익(연간 55.1%)이 KR 시장(연간 15.2%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: A440110 의 수익(연간 55.1%)은 연간 20%보다 빠르게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: A440110의 자본 수익률은 3년 후 80.5%로 매우 높을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YSemiconductors 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/21 14:14종가2026/05/21 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스FADU Inc.는 3명의 분석가가 다루고 있습니다. 이 중 3명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Kyunga LeeCGS InternationalJack ZhouChina Renaissance SecuritiesGwichul KimMorgan Stanley
Price Target Changed • Feb 03Price target increased by 133% to ₩28,000Up from ₩12,000, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of ₩27,600. Stock is up 97% over the past year. The company posted a net loss per share of ₩1,846 last year.
공시 • Mar 13FADU Inc., Annual General Meeting, Mar 26, 2026FADU Inc., Annual General Meeting, Mar 26, 2026, at 09:01 Tokyo Standard Time. Location: rose hall, 737, yeongdong-daero, gangnam-gu, seoul South Korea
분석 기사 • Feb 10Is FADU (KOSDAQ:440110) Using Debt In A Risky Way?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
New Risk • Feb 03New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of South Korean stocks, typically moving 16% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₩26b free cash flow). Share price has been highly volatile over the past 3 months (16% average weekly change).
Price Target Changed • Feb 03Price target increased by 133% to ₩28,000Up from ₩12,000, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of ₩27,600. Stock is up 97% over the past year. The company posted a net loss per share of ₩1,846 last year.
분석 기사 • Dec 19FADU Inc.'s (KOSDAQ:440110) P/S Still Appears To Be ReasonableWhen close to half the companies in the Semiconductor industry in Korea have price-to-sales ratios (or "P/S") below...
New Risk • Nov 27New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of South Korean stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₩26b free cash flow). Share price has been highly volatile over the past 3 months (11% average weekly change).
Reported Earnings • Nov 14Third quarter 2025 earnings released: ₩218 loss per share (vs ₩622 loss in 3Q 2024)Third quarter 2025 results: ₩218 loss per share (improved from ₩622 loss in 3Q 2024). Revenue: ₩25.6b (up 154% from 3Q 2024). Net loss: ₩10.7b (loss narrowed 65% from 3Q 2024). Revenue is forecast to grow 48% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Semiconductor industry in South Korea.
분석 기사 • Oct 27Is FADU (KOSDAQ:440110) Using Debt In A Risky Way?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
New Risk • Sep 10New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-₩55b free cash flow). Minor Risk Share price has been volatile over the past 3 months (7.6% average weekly change).
Reported Earnings • Aug 15Second quarter 2025 earnings released: ₩296 loss per share (vs ₩429 loss in 2Q 2024)Second quarter 2025 results: ₩296 loss per share (improved from ₩429 loss in 2Q 2024). Revenue: ₩23.7b (up 234% from 2Q 2024). Net loss: ₩14.6b (loss narrowed 31% from 2Q 2024). Revenue is forecast to grow 51% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Semiconductor industry in South Korea.
New Risk • Aug 15New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -₩55b This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. This is currently the only risk that has been identified for the company.
공시 • May 22FADU Inc. announced that it expects to receive KRW 11.99 billion in fundingFADU Inc. announced a private placement to issue Zero Coupon Series 7 Unregistered Unsecured Private Placement Convertible Bonds due May 23, 2030 for gross proceeds of KRW 11,990,000,000 on May 21, 2025. The transaction will include participation from new investor Zephyrus Growth IT Specialized Co., Ltd. The transaction has been approved by shareholders, restricted to a hold period, expected to close on May 23, 2025, 100% convertible into 1,116,907 shares at a fixed conversion price of KRW 10,735 from May 23, 2026 to April 23, 2030, bears zero coupon rate, 2.5% maturity rate and matures on May 23, 2030.
New Risk • May 13New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 9.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-₩116b free cash flow). Minor Risk Share price has been volatile over the past 3 months (9.1% average weekly change).
분석 기사 • Apr 03FADU Inc.'s (KOSDAQ:440110) Share Price Is Still Matching Investor Opinion Despite 28% SlumpUnfortunately for some shareholders, the FADU Inc. ( KOSDAQ:440110 ) share price has dived 28% in the last thirty days...
분석 기사 • Mar 28Is FADU (KOSDAQ:440110) Using Too Much Debt?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Reported Earnings • Mar 22Full year 2024 earnings released: ₩1,846 loss per share (vs ₩1,275 loss in FY 2023)Full year 2024 results: ₩1,846 loss per share (further deteriorated from ₩1,275 loss in FY 2023). Revenue: ₩43.5b (up 94% from FY 2023). Net loss: ₩90.6b (loss widened 60% from FY 2023). Revenue is forecast to grow 79% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Semiconductor industry in South Korea.
공시 • Mar 13FADU Inc., Annual General Meeting, Mar 26, 2025FADU Inc., Annual General Meeting, Mar 26, 2025, at 09:01 Tokyo Standard Time. Location: conference room, 737, yeongdong-daero, gangnam-gu, seoul South Korea
분석 기사 • Dec 09FADU Inc. (KOSDAQ:440110) Not Lagging Industry On Growth Or PricingFADU Inc.'s ( KOSDAQ:440110 ) price-to-sales (or "P/S") ratio of 29.4x may look like a poor investment opportunity when...
분석 기사 • Oct 26Is FADU (KOSDAQ:440110) Weighed On By Its Debt Load?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
New Risk • Sep 12New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 9.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-₩123b free cash flow). Minor Risk Share price has been volatile over the past 3 months (9.5% average weekly change).
Reported Earnings • Sep 02Second quarter 2024 earnings released: ₩429 loss per share (vs ₩328 loss in 2Q 2023)Second quarter 2024 results: ₩429 loss per share (further deteriorated from ₩328 loss in 2Q 2023). Revenue: ₩7.09b (up ₩6.77b from 2Q 2023). Net loss: ₩21.1b (loss widened 46% from 2Q 2023). Revenue is forecast to grow 95% p.a. on average during the next 3 years, compared to a 25% growth forecast for the Semiconductor industry in South Korea.
분석 기사 • Jun 07Is FADU (KOSDAQ:440110) Weighed On By Its Debt Load?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
New Risk • Mar 23New minor risk - Financial data availabilityLess than 3 years of financial data is available. This is considered a minor risk. If the company has been trading for less than 3 years, then it has not had the opportunity to establish a long-term track record. This makes it difficult for investors to assess the true growth potential, sustainability and resilience of the business under different economic conditions. This is currently the only risk that has been identified for the company.
공시 • Aug 07FADU Inc. has completed an IPO in the amount of KRW 193.75 billion.FADU Inc. has completed an IPO in the amount of KRW 193.75 billion. Security Name: Common Stock Security Type: Common Stock Securities Offered: 6,250,000 Price\Range: KRW 31000 Discount Per Security: KRW 930 Transaction Features: ESOP Related Offering; Sponsor Backed Offering