Aankondiging • Feb 28
LEMON Co., Ltd., Annual General Meeting, Mar 30, 2026 LEMON Co., Ltd., Annual General Meeting, Mar 30, 2026, at 09:01 Tokyo Standard Time. Location: conference room, 1105-65, sanho-daero, sandong-myeon, gyeongsangbuk-do, gumi South Korea New Risk • Feb 27
New major risk - Share price stability The 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 14% 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 (-₩5.8b free cash flow). Share price has been highly volatile over the past 3 months (14% average weekly change). Earnings have declined by 7.3% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Revenue is less than US$5m (₩4.7b revenue, or US$3.3m). Market cap is less than US$100m (₩99.3b market cap, or US$68.9m). New Risk • Feb 15
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. 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 (-₩5.8b free cash flow). Earnings have declined by 7.3% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Share price has been volatile over the past 3 months (12% average weekly change). Revenue is less than US$5m (₩4.7b revenue, or US$3.3m). Market cap is less than US$100m (₩138.7b market cap, or US$96.3m). New Risk • Feb 10
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₩143.5b (US$98.1m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. 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 (-₩5.8b free cash flow). Earnings have declined by 7.3% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Revenue is less than US$5m (₩4.7b revenue, or US$3.2m). Market cap is less than US$100m (₩143.5b market cap, or US$98.1m). New Risk • Nov 25
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₩145.2b (US$99.1m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. 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 (-₩5.8b free cash flow). Earnings have declined by 7.3% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.3% average weekly change). Revenue is less than US$5m (₩4.7b revenue, or US$3.2m). Market cap is less than US$100m (₩145.2b market cap, or US$99.1m). New Risk • Sep 24
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 7.8% 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 Risks Less than 1 year of cash runway based on free cash flow trend (-₩5.8b free cash flow). Earnings have declined by 7.3% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.8% average weekly change). Revenue is less than US$5m (₩4.7b revenue, or US$3.4m). Market cap is less than US$100m (₩138.5b market cap, or US$99.0m). Aankondiging • Apr 04
LEMON Co., Ltd. (KOSDAQ:A294140) signed a letter of intent to acquire LIME Co.,Ltd. for KRW 5.2 billion. LEMON Co., Ltd. (KOSDAQ:A294140) signed a letter of intent to acquire LIME Co.,Ltd. for KRW 5.2 billion on April 2, 2025.
The expected agreement signing date is April 22, 2025 and completion of the transaction is July 1, 2025. New Risk • Mar 26
New minor risk - Revenue size The company makes less than US$5m in revenue. Total revenue: ₩7.3b (US$5.0m) This is considered a minor risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. 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 (-₩5.1b free cash flow). Earnings have declined by 14% per year over the past 5 years. Minor Risks Revenue is less than US$5m (₩7.3b revenue, or US$5.0m). Market cap is less than US$100m (₩75.9b market cap, or US$51.8m). Aankondiging • Feb 27
LEMON Co., Ltd., Annual General Meeting, Mar 27, 2025 LEMON Co., Ltd., Annual General Meeting, Mar 27, 2025, at 11:00 Tokyo Standard Time. Location: conference room, 1105-65, sanho-daero, sandong-myeon, gyeongsangbuk-do, gumi South Korea New Risk • Mar 26
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -₩15b 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. 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 (-₩15b free cash flow). Share price has been highly volatile over the past 3 months (15% average weekly change). Earnings have declined by 39% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (14% increase in shares outstanding). Market cap is less than US$100m (₩98.1b market cap, or US$73.3m). New Risk • Nov 12
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 14% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 55% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (14% increase in shares outstanding). Market cap is less than US$100m (₩86.1b market cap, or US$65.4m). Aankondiging • Oct 13
LEMON Co., Ltd. has completed a Follow-on Equity Offering in the amount of KRW 12.75 billion. LEMON Co., Ltd. has completed a Follow-on Equity Offering in the amount of KRW 12.75 billion.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 4,900,000
Price\Range: KRW 2550
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 100,000
Price\Range: KRW 2550
Transaction Features: ESOP Related Offering; Rights Offering New Risk • Aug 15
New major risk - Share price stability The 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 12% 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 (-₩8.4b free cash flow). Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 64% per year over the past 5 years. Minor Risk Market cap is less than US$100m (₩119.5b market cap, or US$89.4m). Is New 90 Day High Low • Feb 19
New 90-day low: ₩8,910 The company is down 33% from its price of ₩13,300 on 20 November 2020. The South Korean market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 23% over the same period. Aankondiging • Feb 16
LEMON Co., Ltd., Annual General Meeting, Mar 30, 2021 LEMON Co., Ltd., Annual General Meeting, Mar 30, 2021, at 11:00 Korea Standard Time. Is New 90 Day High Low • Jan 29
New 90-day low: ₩8,940 The company is down 30% from its price of ₩12,800 on 30 October 2020. The South Korean market is up 33% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 39% over the same period. Is New 90 Day High Low • Jan 05
New 90-day low: ₩10,700 The company is down 29% from its price of ₩15,100 on 07 October 2020. The South Korean market is up 23% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 26% over the same period. Valuation Update With 7 Day Price Move • Dec 23
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₩10,750, the stock is trading at a trailing P/E ratio of 19.4x, down from the previous P/E ratio of 22.8x. This compares to an average P/E of 15x in the Chemicals industry in South Korea. Is New 90 Day High Low • Dec 17
New 90-day low: ₩12,500 The company is down 25% from its price of ₩16,600 on 18 September 2020. The South Korean market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 20% over the same period. Is New 90 Day High Low • Oct 26
New 90-day low: ₩13,000 The company is down 14% from its price of ₩15,100 on 28 July 2020. The South Korean market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 22% over the same period. Is New 90 Day High Low • Sep 24
New 90-day low: ₩13,650 The company is down 14% from its price of ₩15,900 on 26 June 2020. The South Korean market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 29% over the same period.