New Risk • Apr 22
New major risk - Revenue and earnings growth Earnings have declined by 38% 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. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 38% per year over the past 5 years. Reported Earnings • Mar 21
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: ₩1,522 loss per share (down from ₩399 profit in FY 2024). Revenue: ₩321.2b (down 14% from FY 2024). Net loss: ₩41.4b (down 475% from profit in FY 2024). Revenue missed analyst estimates by 4.9%. Earnings per share (EPS) also missed analyst estimates by 71%. Revenue is forecast to grow 7.1% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Electronic industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Announcement • Mar 12
WiSoL CO.,LTD. (KOSDAQ:A122990) announces an Equity Buyback for KRW 7,000 million worth of its shares. WiSoL CO.,LTD. (KOSDAQ:A122990) announces a share repurchase program. Under the program, the company will repurchase up to KRW 7,000 million worth of its shares pursuant to a contract with Samsung Securities Co., Ltd. The purpose of the program is burning of own shares and enhancing shareholder value. The program will expire on September 30, 2026. As of March 11, 2026, the company had 0 and 0 treasury stock holdings in acquisition within the scope of allotment and through other acquisition, respectively.