New Risk • Mar 31
New major risk - Revenue and earnings growth Revenue has declined by 18% over the past year. 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 revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue 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. Currently, the following risks have been identified for the company: Major Risk Revenue has declined by 18% over the past year. Minor Risks Latest financial reports are more than 6 months old (reported March 2025 fiscal period end). Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (16% increase in shares outstanding). Market cap is less than US$100m (₩87.5b market cap, or US$57.0m). Aankondiging • Feb 24
DAVOLINK Inc., Annual General Meeting, Mar 31, 2026 DAVOLINK Inc., Annual General Meeting, Mar 31, 2026, at 09:01 Tokyo Standard Time. Location: conference room, 112, beolmal-ro, dongan-gu, gyeonggi-do, anyang South Korea Aankondiging • Jan 20
DAVOLINK Inc. has filed a Follow-on Equity Offering in the amount of KRW 999.998 million. DAVOLINK Inc. has filed a Follow-on Equity Offering in the amount of KRW 999.998 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 787,400
Price\Range: KRW 1270
Transaction Features: Subsequent Direct Listing New Risk • Dec 31
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 18% 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: Minor Risks Latest financial reports are more than 6 months old (reported March 2025 fiscal period end). Shareholders have been diluted in the past year (18% increase in shares outstanding). Market cap is less than US$100m (₩72.2b market cap, or US$50.0m). Aankondiging • Dec 02
DAVOLINK Inc. announced that it has received KRW 8.000113 billion in funding On December 1, 2025, DAVOLINK Inc. closed the transaction. New Risk • Dec 01
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 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: Minor Risks Latest financial reports are more than 6 months old (reported March 2025 fiscal period end). Share price has been volatile over the past 3 months (8.6% average weekly change). Market cap is less than US$100m (₩62.1b market cap, or US$42.3m). Aankondiging • Nov 25
Faction Networks Announces Executive Appointments of OA Technologies, Effective December 1, 2025 Faction Networks announced the appointment of Leroy Williams as President and Chief Executive Officer of OA Technologies, effective December 1, 2025. OA Technologies is a joint venture between Faction Networks and Davolink established to design and manufacture the first suite of Zero Trust cyber secure wireless routers and networking appliances in the USA. Williams brings more than two decades of executive leadership experience driving multi-billion dollar businesses across telecommunications, technology, consumer electronics, and business solutions. Most recently, he served as Executive Vice President and Chief Growth and Innovation Officer at Optimum, where he was responsible for all product P&L, category strategy, marketing, and next generation technology capabilities across Optimum's residential and commercial businesses. In this role, he drove enterprise innovation, new business development, and strategic partnerships across Optimum's suite of connectivity products, including broadband, mobile, video, and B2B services. Prior to Optimum, Williams held senior leadership positions at Samsung Electronics America, including Chief Product Officer, where he maintained P&L management and oversight of all U.S. product, category management, business operations, strategy, and partnerships for Samsung's MX Division. He also served in key executive roles at Rogers Communications, including Chief Brand Officer, and Chief Retail Officer. Earlier in his career, Williams held a progression of senior leadership positions with Verizon Communications, including Chief Marketing Officer for Verizon Wireless South Area, overseeing marketing and sales operations for more than 20 million customers. Williams serves on the Executive Advisory Board of TechSee and previously served on the Board of Managers of Lightpath Fiber, as well as the Board of Directors of CTAM and the Canadian Marketing Association. He has received recognition and awards from AdWeek and membership with the Wall Street Journal CMO Network. Williams is a member of the Executive Leadership Council (ELC) and a graduate of Michigan State University, where he earned his B.A. in Marketing Administration. Aankondiging • Apr 29
DAVOLINK Inc. announced that it expects to receive KRW 9.999999764 billion in funding DAVOLINK Inc. announced a private placement to issue 6,075,334 common stock at an issue price of KRW 1,646 for the gross proceeds of KRW 9,999,999,764 on April 29, 2025. The transaction involves participation of Windwin Fund No. 86 for KRW 9,999,999,764 as a new investor. The transaction is expected to be closed by June 30, 2025. The transaction is approved by the board of directors. Securities offered are subject to hold period of 1 year from date of issuance. Aankondiging • Mar 27
DAVOLINK Inc. announced that it has received KRW 17.894532 billion in funding from TERA SCIENCE.Co.,LTD, NH Investment & Securities Co., Ltd. and other investors On March 26, 2025, DAVOLINK Inc. closed the transaction of Series 2 bonds. Aankondiging • Mar 18
DAVOLINK Inc., Annual General Meeting, Mar 31, 2025 DAVOLINK Inc., Annual General Meeting, Mar 31, 2025, at 09:00 Tokyo Standard Time. Location: conference room, 112, beolmal-ro, dongan-gu, gyeonggi-do, anyang South Korea Aankondiging • Jan 23
DAVOLINK Inc. has completed a Follow-on Equity Offering in the amount of KRW 999.998478 million. DAVOLINK Inc. has completed a Follow-on Equity Offering in the amount of KRW 999.998478 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 563,697
Price\Range: KRW 1774
Transaction Features: Subsequent Direct Listing Aankondiging • Jan 17
DAVOLINK Inc. has filed a Follow-on Equity Offering in the amount of KRW 999.998478 million. DAVOLINK Inc. has filed a Follow-on Equity Offering in the amount of KRW 999.998478 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 563,697
Price\Range: KRW 1774
Transaction Features: Subsequent Direct Listing Aankondiging • Jul 10
Enfo Space Co., Ltd. cancelled the acquisition of 11.50% stake in DAVOLINK Inc. (KOSDAQ:A340360) from TERA SCIENCE.Co.,LTD (KOSDAQ:A073640) . Enfo Space Co., Ltd. agreed to acquire 11.50% stake in DAVOLINK Inc. (KOSDAQ:A340360) from TERA SCIENCE.Co.,LTD (KOSDAQ:A073640) for KRW 10.9 billion on June 7, 2024. A cash consideration of KRW 10.98 billion will be paid by Enfo Space to acquire 4,991,847 shares. The expected completion of the transaction is July 8, 2024.
Enfo Space Co., Ltd. cancelled the acquisition of 11.50% stake in DAVOLINK Inc. (KOSDAQ:A340360) from TERA SCIENCE.Co.,LTD (KOSDAQ:A073640) on July 8, 2024. New Risk • Oct 18
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 No financial data reported. Share price has been highly volatile over the past 3 months (14% average weekly change). Minor Risk Market cap is less than US$100m (₩94.9b market cap, or US$70.1m). New Risk • Aug 17
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 9.9% 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: Major Risk No financial data reported. Minor Risks Share price has been volatile over the past 3 months (9.9% average weekly change). Market cap is less than US$100m (₩61.6b market cap, or US$45.8m). 