Board Change • Nov 18
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. Independent Outside Director SeungKwan Choi is the most experienced director on the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Tillkännagivande • Jul 17
An undisclosed buyer agreed to acquire 99.79% stake in GVBT Union No. 4 from FutureCore Co.,Ltd. (KOSDAQ:A151910) for KRW 3.6 billion. An undisclosed buyer agreed to acquire 99.79% stake in GVBT Union No. 4 from FutureCore Co.,Ltd. (KOSDAQ:A151910) for KRW 3.6 billion on April 17, 2025. A cash consideration of KRW 3.6 billion will be paid by the buyer.
The expected completion of the transaction is September 16, 2025. Tillkännagivande • Mar 18
FutureCore Co.,Ltd., Annual General Meeting, Mar 31, 2025 FutureCore Co.,Ltd., Annual General Meeting, Mar 31, 2025, at 09:00 Tokyo Standard Time. Location: auditorium, 13, sinwon-ro 250beon-gil, yeongtong-gu, gyeonggi-do, suwon South Korea New Risk • Mar 20
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 6.3% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 7.3% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (6.3% increase in shares outstanding). Market cap is less than US$100m (₩120.6b market cap, or US$90.2m). Reported Earnings • Mar 15
Full year 2023 earnings released: ₩43.00 loss per share (vs ₩91.00 loss in FY 2022) Full year 2023 results: ₩43.00 loss per share (improved from ₩91.00 loss in FY 2022). Revenue: ₩48.3b (down 5.0% from FY 2022). Net loss: ₩7.66b (loss narrowed 52% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 57% per year, which means it is performing significantly worse than earnings. New Risk • Feb 16
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 12% 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 Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 7.0% per year over the past 5 years. Minor Risk Market cap is less than US$100m (₩77.6b market cap, or US$58.3m). New Risk • Dec 07
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 8.6% 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 Earnings have declined by 7.0% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.6% average weekly change). Market cap is less than US$100m (₩76.2b market cap, or US$57.9m). New Risk • Jun 23
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 8.8% 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 Earnings have declined by 7.6% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.8% average weekly change). Market cap is less than US$100m (₩93.3b market cap, or US$71.3m). 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. 5 experienced directors. No highly experienced directors. 1 independent director (4 non-independent directors). Independent Outside Director Hyuk-Jae Lee was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Tillkännagivande • Jul 19
SBW Life Sciences Co.,Ltd. announced that it has received KRW 17.6 billion in funding from IokCompany Co., Ltd. On July 18, 2022, SBW Life Sciences Co.,Ltd. closed the transaction. 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. 5 experienced directors. No highly experienced directors. 1 independent director (4 non-independent directors). Independent Outside Director Hyuk-Jae Lee was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Tillkännagivande • Apr 07
Nanos Co., Ltd. announced that it has received KRW 30 billion in funding On April 5, 2021, Nanos Co., Ltd. (KOSDAQ:A151910) closed the transaction. Is New 90 Day High Low • Feb 20
New 90-day high: ₩7,070 The company is up 105% from its price of ₩3,445 on 20 November 2020. The South Korean market is up 19% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 39% over the same period. Tillkännagivande • Feb 10
Nanos Co., Ltd. announced that it expects to receive KRW 30 billion in funding Nanos Co., Ltd. (KOSDAQ:A151910) announced a private placement of round 5 Unregistered coupon nonguaranteed private convertible bond for gross proceeds of KRW 30,000,000,000 on February 9, 2021. The transaction will include participation from DB W Fund 1. The bond carry 4% coupon nominal rate, 6% maturity rate and will mature on April 5, 2026. The bonds can be 100% converted into 7,447,864 common shares at a conversion price of KRW 4,028 per share for 4.77% stakes. The conversion period is from April 5, 2022 to March 5, 2026. The transaction has been approved by the board of directors of the company. The securities issued in the transaction are subject to one year lock up period. The subscription date is February 15, 2021 and the payment date is April 5, 2021. Is New 90 Day High Low • Feb 03
New 90-day high: ₩4,150 The company is up 21% from its price of ₩3,425 on 05 November 2020. The South Korean market is up 28% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 44% over the same period. Is New 90 Day High Low • Jan 17
New 90-day high: ₩3,700 The company is up 1.0% from its price of ₩3,675 on 19 October 2020. The South Korean market is up 30% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 44% over the same period. Is New 90 Day High Low • Dec 15
New 90-day low: ₩3,300 The company is down 20% from its price of ₩4,100 on 16 September 2020. The South Korean market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 9.0% over the same period. Is New 90 Day High Low • Nov 11
New 90-day low: ₩3,305 The company is down 12% from its price of ₩3,740 on 13 August 2020. The South Korean market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 3.0% over the same period. Is New 90 Day High Low • Oct 22
New 90-day low: ₩3,600 The company is down 17% from its price of ₩4,360 on 24 July 2020. The South Korean market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 5.0% over the same period.