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Everybot · 270660 · Electrical equipment

Everybot: Revenue Recovering but Still Loss-Making, Shares Down 38.3% Over One Year

Why this report

Start of coverage: written when a reader opened this company and there was no report yet.

Everybot, a KOSDAQ-listed electrical equipment company, has a market value of about ₩168.8B and trailing revenue of ₩39.6B, but it remains loss-making at the operating level. The share price is up 10.5% over three months yet down 38.3% over one year.

Written Oct 24, 2026 · Data as of Oct 23, 2026 · 0 views

This is not financial advice. The report does not recommend buying or selling anything.

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Thesis

The data supports a picture of a business whose revenue has started to grow again but whose profits have not followed. Revenue rose 15.5% in 2025 after two years of decline, and trailing revenue to H1 2026 is ₩39.6B, above the 2025 level of ₩34.4B. The operating margin is still negative at -10.6%.

The data does not show a return to profitability. Operating losses widened from ₩2.2B in 2024 to ₩3.2B in 2025, and the trailing operating loss is ₩4.2B. The 2025 net loss of ₩12.7B was much larger than the operating loss, which suggests significant non-operating items, though the data does not say what they were.

The model valuation is not available, and there is no news in the data to explain recent share moves. Recent filings include convertible bond activity, a conversion price adjustment and a merger completion report, but their details are not provided.

Business overview

Everybot is listed on KOSDAQ in the electrical equipment sector. It was founded on 2015-01-06 and listed on 2021-07-28, with 12,690,583 listed shares. The CEO is listed as 정우철.

Revenue peaked at ₩53.0B in 2022 and fell 40.2% in 2023 to ₩31.7B. It dipped a further 6.1% in 2024 to ₩29.8B before recovering to ₩34.4B in 2025. Operating margin has moved from 19.8% in 2021 to -9.3% in 2025.

Financial analysis

These figures come from filed financial statements. Trailing twelve-month revenue to H1 2026 is ₩39.6B, with an operating loss of ₩4.2B (margin -10.6%) and a net loss of ₩2.0B (margin -5.2%). Return on equity is -3.0%.

For 2025, revenue was ₩34.4B, operating loss ₩3.2B and net loss ₩12.7B, with return on equity of -19.9%. Net income was ₩312M in 2024, ₩2.8B in 2023, ₩6.9B in 2022 and ₩9.5B in 2021.

The balance sheet shows liabilities at 42.9% of equity, cash of ₩5.2B and borrowings of ₩21.9B, so borrowings are well above cash. Trailing free cash flow is negative at ₩2.3B.

Valuation

At ₩13,300 per share, the stock trades at a price-to-book ratio of 2.4 and a price-to-sales ratio of 4.3. The price-to-earnings ratio and EV/EBITDA are not available because earnings are negative. Enterprise value is ₩162.8B and there is no dividend.

In its own history, year-end price-to-book was 4.7 in 2025, 3.2 in 2024, 2.3 in 2023, 3.0 in 2022 and 4.4 in 2021, so the current 2.4 is in the lower part of that range. The 52-week range is ₩9,470 to ₩31,900, and the price is 58.3% below the high.

The listed peers are far larger electrical equipment companies with price-to-book ratios of 6.8 to 12.8 and price-to-earnings ratios of 19.9 to 105.9. Their scale and profitability differ greatly, so the comparison is of limited use. The valuation model estimate is not available (null), so no per-share estimate can be compared with the price.

Catalysts

  • The half-year report filed on 2026-08-14 gave the latest trailing figures, and the next periodic filing will show whether the loss is narrowing.
  • A conversion price adjustment was filed on 2026-08-03, which could affect the share count if convertible bonds are converted.
  • A merger completion report for an asset acquisition and transfer was filed on 2026-04-09, and its effect on revenue or costs may show up in coming results.
  • A 5%+ holding report was filed on 2026-10-19, the latest in a series of such filings this year, indicating changes among large holders.
  • Over the last 20 days, institutions and retail investors were net buyers while foreign investors were net sellers, though the amounts are small.

Risks

  • The company has had operating losses for 2024, 2025 and the trailing period, with no sign yet of a return to profit.
  • Borrowings of ₩21.9B are about four times cash of ₩5.2B, and free cash flow is negative.
  • Convertible bond activity and conversion price changes could dilute existing shareholders, although the data gives no details.
  • The share price fell 38.3% over one year and is volatile, with a 52-week range of ₩9,470 to ₩31,900.
  • Valuation measures based on earnings are unavailable and no model estimate exists, so the data offers limited support for judging the price.

Closing view

The data shows a company with recovering revenue but continuing operating losses, a modest cash position against its borrowings, and a share price well below its 52-week high. Price-to-book is at the low end of its own history, but this sits alongside negative returns and negative free cash flow. With no model estimate, no news and limited detail on recent filings, the evidence is mixed and does not support a firm conclusion in either direction.

Model estimate of fair value

The valuation model has no estimate for this company yet (not enough data, or no positive value with the base case).

Filings and data used

Report history

  1. Oct 24, 2026InitiationStart of coverage (reader request)Everybot: Revenue Recovering but Still Loss-Making, Shares Down 38.3% Over One Year

Built only from jonbur's own data: prices and investor flows, filed financial statements and filings, and news headlines. Disclosed (filed) data is labelled as such. Written by AI and may contain mistakes.

This is not financial advice. The report does not recommend buying or selling anything.

Source: KRX statistical information