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Gigalane is loss-making with shrinking revenue over recent years, and its share price has fallen sharply over the past month.

Gigalane reported trailing twelve-month revenue of ₩41.8B to H1 2026 but an operating loss of ₩14.9B and a net loss of ₩10.1B, with negative free cash flow of ₩18.0B. Revenue has declined in each year from 2022 to 2025, and the company carries borrowings of ₩11.5B against cash of ₩11.3B. The share price closed at ₩7,010 on 2026-10-22, down 28.5% over one month but up 50.8% over one year.

What stands out

• Operating margin was -35.6% on a trailing basis, versus a profitable year in 2021 with a 5.7% operating margin.
• Annual revenue fell from ₩71.6B in 2021 to ₩40.3B in 2025, while losses persisted every year since 2022.
• Liabilities are 152.8% of equity, and borrowings of ₩11.5B exceed cash of ₩11.3B.
• The company has no dividend yield, and its P/B of 1.6 is shown, but P/E is not meaningful because earnings are negative.
• Recent filings are mainly routine: a half-year report, amended supply contract disclosures, a shareholders' meeting and director appointments; no recent news headlines are in the data.

What to watch

• Next results and whether losses narrow from the H1 2026 level, given negative free cash flow of ₩18.0B.
• Status of the amended major sales or supply contracts, since the filing details are not included in the data.
• Debt levels relative to cash, and any further filings on financing or the exchange inquiry raised on 2026-07-14, whose outcome is not in the data.