Aankondiging • Apr 09
Openedges Technology, Inc. announced that it has received KRW 19.999989714 billion in funding from Atinum Investment Co., Ltd On April 7, 2026, Openedges Technology, Inc. has closed the transaction. Aankondiging • Mar 31
Openedges Technology, Inc. announced that it expects to receive KRW 19.999989714 billion in funding from Atinum Investment Co., Ltd Openedges Technology, Inc. announced private placement to issue 1,145,278 Convertible Preferred Shares at an issue price of KRW 17,463 per share for gross proceeds of KRW 19,999,989,714 on March 30, 2026. The transaction includes participation from returning investor Atinum Growth Fund 2023. The preferred shares are 100% convertible into 1,145,278 shares at a conversion price of KRW 17,463 at a conversion period of April 08, 2027 to April 08, 2031. The preferred shares are restricted for 1 year. The Preferred shares are entitled to a preferential dividend of up to 10% per annum based on the par value, as determined by the Board of Directors at the time of issuance. The company will issue shares through third party allotment. The transaction is approved by board of directors of the company, is expected to close on April 07, 2026. Aankondiging • Mar 17
Openedges Technology, Inc., Annual General Meeting, Mar 27, 2026 Openedges Technology, Inc., Annual General Meeting, Mar 27, 2026, at 09:01 Tokyo Standard Time. Location: conference room, 120, yeoksam-ro, gangnam-gu, seoul South Korea New Risk • Feb 05
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 20% 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 Risk Earnings have declined by 9.5% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Shareholders have been diluted in the past year (20% increase in shares outstanding). New Risk • Dec 26
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 9.7% 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 Earnings have declined by 9.5% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (9.7% average weekly change). New Risk • Jun 30
New major risk - Revenue and earnings growth Earnings have declined by 4.6% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Breakeven Date Change • Jun 28
Forecast to breakeven in 2025 The analyst covering Openedges Technology expects the company to break even for the first time. New forecast suggests the company will make a profit of ₩400.0m in 2025. Earnings growth of 163% is required to achieve expected profit on schedule. Aankondiging • Mar 13
Openedges Technology, Inc., Annual General Meeting, Mar 28, 2025 Openedges Technology, Inc., Annual General Meeting, Mar 28, 2025, at 09:01 Tokyo Standard Time. Location: conference room, 340, gangnam-daero, gangnam-gu, seoul South Korea New Risk • Dec 13
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 9.3% 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. This is currently the only risk that has been identified for the company. Buy Or Sell Opportunity • Dec 13
Now 20% overvalued Over the last 90 days, the stock has fallen 2.7% to ₩12,490. The fair value is estimated to be ₩10,397, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 51% over the last 3 years. Earnings per share has grown by 33%. Buy Or Sell Opportunity • Nov 07
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 23% to ₩11,470. The fair value is estimated to be ₩14,618, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 222% over the last year. Earnings per share has grown by 57%. Buy Or Sell Opportunity • Oct 22
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 37% to ₩11,590. The fair value is estimated to be ₩14,659, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 222% over the last year. Earnings per share has grown by 57%. New Risk • Aug 05
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 8.9% 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: Minor Risks Share price has been volatile over the past 3 months (8.9% average weekly change). Shareholders have been diluted in the past year (2.2% increase in shares outstanding). Aankondiging • Aug 01
Openedges Technology, Inc. announced that it has received KRW 59.999969746 billion in funding from Atinum Investment Co., Ltd On July 30, 2024, Openedges Technology, Inc., closed the transaction. Breakeven Date Change • Jul 24
Forecast breakeven date pushed back to 2025 The 2 analysts covering Openedges Technology previously expected the company to break even in 2024. New consensus forecast suggests losses will reduce by 100% to 2024. The company is expected to make a profit of ₩12.6b in 2025. Average annual earnings growth of 109% is required to achieve expected profit on schedule. Breakeven Date Change • Jul 23
Forecast breakeven date pushed back to 2025 The 2 analysts covering Openedges Technology previously expected the company to break even in 2024. New consensus forecast suggests the company will make a profit of ₩12.6b in 2025. Average annual earnings growth of 84% is required to achieve expected profit on schedule. New Risk • Feb 16
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.7% 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 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 (12% average weekly change). Minor Risks Less than 3 years of financial data is available. Shareholders have been diluted in the past year (2.7% increase in shares outstanding). New Risk • Feb 13
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 (-₩26b free cash flow). Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risk Less than 3 years of financial data is available. Major Estimate Revision • Feb 09
Consensus EPS estimates increase by 16% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from ₩34.8m to ₩35.4m. EPS estimate increased from ₩217 to ₩252 per share. Net income forecast to grow 98% next year vs 69% growth forecast for Semiconductor industry in South Korea. Consensus price target up from ₩30,000 to ₩42,000. Share price rose 23% to ₩24,650 over the past week. Reported Earnings • Jun 02
First quarter 2023 earnings released: ₩361 loss per share (vs ₩174 loss in 1Q 2022) First quarter 2023 results: ₩361 loss per share (further deteriorated from ₩174 loss in 1Q 2022). Revenue: ₩1.06b (down 65% from 1Q 2022). Net loss: ₩7.63b (loss widened 163% from 1Q 2022). Revenue is forecast to grow 55% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Semiconductor industry in South Korea.