Announcement • Mar 17
Iljin Display Co., Ltd., Annual General Meeting, Mar 31, 2026 Iljin Display Co., Ltd., Annual General Meeting, Mar 31, 2026, at 09:01 Tokyo Standard Time. Location: conference room, 157, daegeum-ro, daeso-myeo, eumseong-gun, chungcheongbuk-do, South Korea Reported Earnings • Aug 20
Second quarter 2025 earnings released: ₩57.00 loss per share (vs ₩10.00 profit in 2Q 2024) Second quarter 2025 results: ₩57.00 loss per share (down from ₩10.00 profit in 2Q 2024). Revenue: ₩18.4b (down 27% from 2Q 2024). Net loss: ₩2.93b (down ₩3.46b from profit in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. New Risk • Jun 27
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 9.3% 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 (-₩9.9b free cash flow). Minor Risks Share price has been volatile over the past 3 months (9.3% average weekly change). Market cap is less than US$100m (₩50.5b market cap, or US$37.1m). Reported Earnings • Mar 25
Full year 2024 earnings released: EPS: ₩110 (vs ₩290 loss in FY 2023) Full year 2024 results: EPS: ₩110 (up from ₩290 loss in FY 2023). Revenue: ₩89.2b (up 64% from FY 2023). Net income: ₩5.65b (up ₩20.6b from FY 2023). Profit margin: 6.3% (up from net loss in FY 2023). Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings. Announcement • Mar 14
Iljin Display Co., Ltd., Annual General Meeting, Mar 28, 2025 Iljin Display Co., Ltd., Annual General Meeting, Mar 28, 2025, at 09:00 Tokyo Standard Time. Location: conference room, 157, daegeum-ro, daeso-myeon, eumseong-gun, chungcheongbuk-do, South Korea New Risk • Nov 20
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: -₩8.0b 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. 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 (-₩8.0b free cash flow). Minor Risk Market cap is less than US$100m (₩42.6b market cap, or US$30.5m). Reported Earnings • May 19
First quarter 2024 earnings released: EPS: ₩101 (vs ₩82.00 loss in 1Q 2023) First quarter 2024 results: EPS: ₩101 (up from ₩82.00 loss in 1Q 2023). Revenue: ₩23.0b (up 124% from 1Q 2023). Net income: ₩5.17b (up ₩9.42b from 1Q 2023). Profit margin: 23% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has fallen by 39% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 27
Full year 2023 earnings released: ₩290 loss per share (vs ₩68.00 loss in FY 2022) Full year 2023 results: ₩290 loss per share (further deteriorated from ₩68.00 loss in FY 2022). Revenue: ₩54.3b (down 56% from FY 2022). Net loss: ₩14.9b (loss widened 357% from FY 2022). Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has fallen by 37% per year, which means it is significantly lagging earnings. New Risk • Aug 26
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: -₩11b 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. 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 (-₩11b free cash flow). Minor Risk Market cap is less than US$100m (₩57.4b market cap, or US$43.4m). Reported Earnings • Mar 26
Full year 2022 earnings released: ₩68.00 loss per share (vs ₩1,303 loss in FY 2021) Full year 2022 results: ₩68.00 loss per share (improved from ₩1,303 loss in FY 2021). Revenue: ₩124.3b (up 23% from FY 2021). Net loss: ₩3.26b (loss narrowed 93% from FY 2021). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings. Announcement • Jan 17
Iljin Display Co., Ltd. announced that it expects to receive KRW 9.999998724 billion in funding from ILJIN SNT Co., Ltd Iljin Display Co., Ltd. announced a private placement of 7,788,161 common shares at the price of KRW 1,284 per common share for gross proceeds of KRW 9,999,998,724 on January 16, 2023. The transaction will include participation from ILJIN SNT Co., Ltd. The payment date for the transaction is January 18, 2023. The transaction has been approved by the board of directors of the company.? Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Mar 28
Full year 2021 earnings released: ₩1,303 loss per share (vs ₩1,311 loss in FY 2020) Full year 2021 results: ₩1,303 loss per share. Revenue: ₩101.4b (up 52% from FY 2020). Net loss: ₩43.7b (loss widened 18% from FY 2020). Reported Earnings • Nov 16
Third quarter 2021 earnings released: ₩195 loss per share (vs ₩267 loss in 3Q 2020) The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: ₩33.8b (up 41% from 3Q 2020). Net loss: ₩7.07b (loss narrowed 6.4% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Announcement • Jul 14
Iljin Display Co., Ltd. announced that it expects to receive KRW 20 billion in funding from ILJIN SNT Co., Ltd and another investor Iljin Display Co., Ltd. announced a private placement of 18th series non-guaranteed private equity convertible bonds with bearer type interest part for gross proceeds of KRW 20,000,000,000 on July 12, 2021. The transaction will include participation from ILJIN SNT Co., Ltd. for KRW 10,000,000,000 and returning investor, Heo, Jin-gyu for KRW 10,000,000,000. The bonds will be issued at par. The bonds will carry no surface interest rate and yield to maturity of 6%. The bonds will mature on July 14, 2024. The bonds will be fully convertible at a price of KRW 4,388 per share between the period of July 14, 2022 to June 14, 2024. The transaction has been approved by the board of directors of the company. The expected payment date is July 14, 2021. The securities issued in the transaction is subject to hold period of 1 year from issuance. Reported Earnings • Mar 26
Full year 2020 earnings released: ₩1,311 loss per share (vs ₩1,076 loss in FY 2019) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: ₩66.9b (down 30% from FY 2019). Net loss: ₩37.0b (loss widened 22% from FY 2019). Announcement • Mar 16
Iljin Display Co., Ltd., Annual General Meeting, Mar 30, 2021 Iljin Display Co., Ltd., Annual General Meeting, Mar 30, 2021, at 09:00 Korea Standard Time. Is New 90 Day High Low • Dec 14
New 90-day high: ₩4,810 The company is up 25% from its price of ₩3,845 on 15 September 2020. The South Korean market is up 13% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Semiconductor industry, which is up 26% over the same period. Is New 90 Day High Low • Nov 16
New 90-day high: ₩4,405 The company is up 57% from its price of ₩2,805 on 18 August 2020. The South Korean market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 7.0% over the same period. Is New 90 Day High Low • Oct 12
New 90-day high: ₩4,080 The company is up 44% from its price of ₩2,830 on 14 July 2020. The South Korean market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 4.0% over the same period. 