New Risk • May 03
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 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (16% average weekly change). Earnings have declined by 52% per year over the past 5 years. Minor Risk Market cap is less than US$100m (₩136.9b market cap, or US$92.9m). Reported Earnings • Mar 20
Full year 2025 earnings released: ₩769 loss per share (vs ₩182 loss in FY 2024) Full year 2025 results: ₩769 loss per share (further deteriorated from ₩182 loss in FY 2024). Revenue: ₩67.9b (down 19% from FY 2024). Net loss: ₩9.94b (loss widened 320% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 92 percentage points per year, which is a significant difference in performance. Announcement • Mar 10
ASFLOW Co., LTD., Annual General Meeting, Mar 31, 2026 ASFLOW Co., LTD., Annual General Meeting, Mar 31, 2026, at 09:01 Tokyo Standard Time. Location: conference room, 38, jeongnamsandan-ro, jeongnam-myeon, gyeonggi-do, hwaseong South Korea