Ascendio아센디오

Ascendio remains deeply loss-making, with its share price down about 72% over the past year and a merger and rights offering among its recent filings.

Ascendio is a small Korean entertainment company, now also active in a fabric business for abaya clothing, and its trailing twelve-month figures to H1 2026 show revenue of about ₩5.9B against an operating loss of about ₩2.4B and a net loss of about ₩5.8B. Cash of about ₩11.7B exceeds its listed borrowings of about ₩0.2B, and the stock trades near ₩2,875 with a market value of about ₩21.0B.

What stands out

• Trailing revenue is about ₩5.9B with an operating margin of -40.7% and a net margin of -96.9%, so the business is not currently profitable.
• Revenue fell 56% in 2025 to about ₩5.9B after a 95.6% jump in 2024, showing a volatile top line.
• Free cash flow over the trailing period was about -₩5.3B, while cash held was about ₩11.7B.
• Recent filings include a merger decision, a rights offering (paid-in capital increase) with amendments, and several 5%+ holding reports.
• The discounted cash flow fair value model gives a base case of ₩287 and a bear case of ₩689, both far below the current price; the bull case field in the data is zero and is not meaningful.

What to watch

• The terms, timing and effect on shareholders of the merger and the rights offering, which the filings describe but the data does not detail.
• The next results release, since trailing losses and negative free cash flow persist.
• The shareholder register closure or record date determination filed on 2026-10-23, whose purpose is not described in the data.