Announcement • Mar 13
FADU Inc., Annual General Meeting, Mar 26, 2026 FADU Inc., Annual General Meeting, Mar 26, 2026, at 09:01 Tokyo Standard Time. Location: rose hall, 737, yeongdong-daero, gangnam-gu, seoul South Korea New Risk • Feb 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 Less than 1 year of cash runway based on free cash flow trend (-₩26b free cash flow). Share price has been highly volatile over the past 3 months (16% average weekly change). Price Target Changed • Feb 03
Price target increased by 133% to ₩28,000 Up from ₩12,000, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of ₩27,600. Stock is up 97% over the past year. The company posted a net loss per share of ₩1,846 last year. New Risk • Nov 27
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 11% 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 Less than 1 year of cash runway based on free cash flow trend (-₩26b free cash flow). Share price has been highly volatile over the past 3 months (11% average weekly change). Reported Earnings • Nov 14
Third quarter 2025 earnings released: ₩218 loss per share (vs ₩622 loss in 3Q 2024) Third quarter 2025 results: ₩218 loss per share (improved from ₩622 loss in 3Q 2024). Revenue: ₩25.6b (up 154% from 3Q 2024). Net loss: ₩10.7b (loss narrowed 65% from 3Q 2024). Revenue is forecast to grow 48% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Semiconductor industry in South Korea. New Risk • Sep 10
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 7.6% 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 Less than 1 year of cash runway based on free cash flow trend (-₩55b free cash flow). Minor Risk Share price has been volatile over the past 3 months (7.6% average weekly change). Reported Earnings • Aug 15
Second quarter 2025 earnings released: ₩296 loss per share (vs ₩429 loss in 2Q 2024) Second quarter 2025 results: ₩296 loss per share (improved from ₩429 loss in 2Q 2024). Revenue: ₩23.7b (up 234% from 2Q 2024). Net loss: ₩14.6b (loss narrowed 31% from 2Q 2024). Revenue is forecast to grow 51% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Semiconductor industry in South Korea. New Risk • Aug 15
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -₩55b This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. This is currently the only risk that has been identified for the company. Announcement • May 22
FADU Inc. announced that it expects to receive KRW 11.99 billion in funding FADU Inc. announced a private placement to issue Zero Coupon Series 7 Unregistered Unsecured Private Placement Convertible Bonds due May 23, 2030 for gross proceeds of KRW 11,990,000,000 on May 21, 2025. The transaction will include participation from new investor Zephyrus Growth IT Specialized Co., Ltd. The transaction has been approved by shareholders, restricted to a hold period, expected to close on May 23, 2025, 100% convertible into 1,116,907 shares at a fixed conversion price of KRW 10,735 from May 23, 2026 to April 23, 2030, bears zero coupon rate, 2.5% maturity rate and matures on May 23, 2030. New Risk • May 13
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 9.1% 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 Less than 1 year of cash runway based on free cash flow trend (-₩116b free cash flow). Minor Risk Share price has been volatile over the past 3 months (9.1% average weekly change). Reported Earnings • Mar 22
Full year 2024 earnings released: ₩1,846 loss per share (vs ₩1,275 loss in FY 2023) Full year 2024 results: ₩1,846 loss per share (further deteriorated from ₩1,275 loss in FY 2023). Revenue: ₩43.5b (up 94% from FY 2023). Net loss: ₩90.6b (loss widened 60% from FY 2023). Revenue is forecast to grow 79% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Semiconductor industry in South Korea. Announcement • Mar 13
FADU Inc., Annual General Meeting, Mar 26, 2025 FADU Inc., Annual General Meeting, Mar 26, 2025, at 09:01 Tokyo Standard Time. Location: conference room, 737, yeongdong-daero, gangnam-gu, seoul South Korea New Risk • Sep 12
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 9.5% 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 Less than 1 year of cash runway based on free cash flow trend (-₩123b free cash flow). Minor Risk Share price has been volatile over the past 3 months (9.5% average weekly change). Reported Earnings • Sep 02
Second quarter 2024 earnings released: ₩429 loss per share (vs ₩328 loss in 2Q 2023) Second quarter 2024 results: ₩429 loss per share (further deteriorated from ₩328 loss in 2Q 2023). Revenue: ₩7.09b (up ₩6.77b from 2Q 2023). Net loss: ₩21.1b (loss widened 46% from 2Q 2023). Revenue is forecast to grow 95% p.a. on average during the next 3 years, compared to a 25% growth forecast for the Semiconductor industry in South Korea. New Risk • Mar 23
New minor risk - Financial data availability Less than 3 years of financial data is available. This is considered a minor risk. If the company has been trading for less than 3 years, then it has not had the opportunity to establish a long-term track record. This makes it difficult for investors to assess the true growth potential, sustainability and resilience of the business under different economic conditions. This is currently the only risk that has been identified for the company. Announcement • Aug 07
FADU Inc. has completed an IPO in the amount of KRW 193.75 billion. FADU Inc. has completed an IPO in the amount of KRW 193.75 billion.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 6,250,000
Price\Range: KRW 31000
Discount Per Security: KRW 930
Transaction Features: ESOP Related Offering; Sponsor Backed Offering