Unison유니슨

Unison remains loss-making on sharply lower trailing revenue, with heavy borrowings and a volatile share price.

Unison makes wind turbines and towers and develops wind farms in Korea and overseas. Over the trailing twelve months to H1 2026 it reported revenue of ₩30.4B, an operating loss of ₩13.6B and a net loss of ₩24.6B, with borrowings of ₩134.1B against cash of ₩29.7B. The share price closed at ₩1,044 on 26 October 2026, down 19.1% over one month but up 30.3% over three months.

What stands out

• Trailing revenue of ₩30.4B is far below the ₩107.7B reported in 2023, and the 2025 rise of 56.5% did not restore losses to profit.
• Operating margin is -44.8% and net margin is -80.8% on a trailing basis, and free cash flow is negative at -₩27.8B.
• Liabilities are 171.3% of equity, and the data shows no dividend yield.
• Recent filings include an acquisition of shares in an affiliate, Unison Energy, for ₩15B, a trading halt on 12 October, and a share consolidation decision with a shareholders' meeting.
• Foreign ownership rose from 1.6% to 2.0% over 60 days, while retail investors were net sellers of about ₩5.9B over 20 days.

What to watch

• The reason for the 12 October trading halt and any follow-up filings, which are not described in the data.
• Whether the share consolidation and conversion price adjustment (18th series) take effect and how they affect share count.
• Upcoming results and whether losses narrow, since the data gives no forecasts or analyst views.