When Will Doosan Robotics Inc. (KRX:454910) Turn A 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 ₩4.9t 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? We've put together a brief outline of industry analyst expectations for the company, its year of breakeven and its implied growth rate.

Check out our latest analysis for Doosan Robotics

Doosan Robotics is bordering on breakeven, according to the 2 South Korean Machinery analysts. They expect the company to post a final loss in 2024, before turning a profit of ₩36b in 2025. Therefore, the company is expected to breakeven just over a year from today. How fast will the company have to grow each year in order to reach the breakeven point by 2025? Working backwards from analyst estimates, it turns out that they expect the company to grow 108% year-on-year, on average, which is extremely buoyant. Should the business grow at a slower rate, it will become profitable at a later date than expected.

Given this is a high-level overview, we won’t go into details of Doosan Robotics' upcoming projects, however, bear in mind that by and large a high growth rate is not out of the ordinary, particularly when a company is in a period of investment.

Before we wrap up, there’s one aspect worth mentioning. Doosan Robotics currently has no debt on its balance sheet, which is quite unusual for a cash-burning growth company, which usually has a high level of 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 key fundamentals of Doosan Robotics which are not covered in this article, but we must stress again that this is merely a basic overview. For a more comprehensive look at Doosan Robotics, take a look at Doosan Robotics' company page on Simply Wall St. We've also put together a list of essential aspects you should look at:

1. Valuation: What is Doosan Robotics worth today? Has the future growth potential already been factored into the price? The intrinsic value infographic in our free research report helps visualize whether Doosan Robotics is currently mispriced by the market.
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’s 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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com