Doosan Robotics Inc. (KRX:454910) About To Shift From Loss To Profit

We feel now is a pretty good time to analyse Doosan Robotics Inc.'s (KRX:454910) business as it appears the company may be on the cusp of a considerable accomplishment. Doosan Robotics Inc. develops collaborative robots in South Korea. The ₩4.1t market-cap company’s loss lessened since it announced a ₩16b loss in the full financial year, compared to the latest trailing-twelve-month loss of ₩14b, as it approaches breakeven. The most pressing concern for investors is Doosan Robotics' path to profitability – when will it breakeven? In this article, we will touch on the expectations for the company's growth and when analysts expect it to become profitable.

View our latest analysis for Doosan Robotics

According to the 3 industry analysts covering Doosan Robotics, the consensus is that breakeven is near. They anticipate the company to incur a final loss in 2024, before generating positive profits of ₩25b in 2025. So, the company is predicted to breakeven approximately a year from now or less! How fast will the company have to grow to reach the consensus forecasts that anticipate breakeven by 2025? Working backwards from analyst estimates, it turns out that they expect the company to grow 126% year-on-year, on average, which signals high confidence from analysts. If this rate turns out to be too aggressive, the company may become profitable much later than analysts predict.

We're not going to go through company-specific developments for Doosan Robotics given that this is a high-level summary, but, keep in mind that generally a high forecast growth rate is not unusual for a company that is currently undergoing an investment period.

One thing we’d like to point out is that Doosan Robotics has no debt on its balance sheet, which is rare for a loss-making growth company, which typically has high debt relative to its equity. The company currently operates purely off its shareholder funding and has no debt obligation, reducing concerns around repayments and making it a less risky investment.

Next Steps:

There are too many aspects of Doosan Robotics to cover in one brief article, but the key fundamentals for the company can all be found in one place – Doosan Robotics' company page on Simply Wall St. We've also compiled a list of pertinent factors you should look at:

1. Historical Track Record: What has Doosan Robotics' performance been like over the past? Go into more detail in the past track record analysis and take a look at the free visual representations of our analysis for more clarity.
2. Management Team: An experienced management team on the helm increases our confidence in the business – take a look at who sits on Doosan Robotics' board and the CEO’s background.
3. Other High-Performing Stocks: Are there other stocks that provide better prospects with proven track records? Explore our free list of these great stocks here.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.