Jolse졸스

Jolse is still loss-making on a trailing basis, and its share price has fallen sharply over the past year.

Jolse runs beauty (its largest business, selling Korean cosmetics online and overseas), film and OTT production, visual effects, and food and beverage. For the trailing twelve months to H1 2026 it reported revenue of ₩54.1B, an operating loss of ₩2.1B and a net loss of ₩1.3B, with negative free cash flow. The shares closed at ₩1,206 on 2026-10-28, down 60% over one year, giving a market value of about ₩20.2B.

What stands out

• Revenue has fallen from ₩67.9B in 2024 to ₩64.2B in 2025, and the trailing figure is ₩54.1B, so the top line is shrinking.
• Losses narrowed: the operating margin improved from -8.4% in 2024 to -3.9% on a trailing basis, though the company still lost money on both operating and net lines.
• The balance sheet shows cash of ₩4.2B against borrowings of ₩2.6B, and liabilities are 38.3% of equity.
• Filings in July and August 2026 include a convertible bond issuance, a third-party allotment rights offering, a change of largest shareholder, and a shareholders' meeting; the filings do not explain their full terms in the data provided.
• Foreign ownership is recorded at 0%, and no news headlines were available in the data.

What to watch

• Full-year 2026 results, since the data only covers trailing figures through H1 2026 and the preliminary consolidated earnings details are not in the pack.
• Outcome and dilution effects of the convertible bond and rights offering, and the terms of the change of largest shareholder, which are not detailed in the data.
• Whether the company returns to positive operating income, given that no forecasts are included in the data.