JoyCity조이시티

JoyCity's share price has fallen sharply over the past year and the company remains loss-making at the net level despite a small operating profit.

JoyCity, a Seoul-based game developer listed on KOSDAQ, reported trailing twelve-month revenue of ₩155.5B to H1 2026 with an operating income of about ₩1.2B but a net loss of ₩10.4B. The share price closed at ₩1,019 on 23 October 2026, down 44.4% over one year, and the market value is about ₩71.2B. The data includes no company profile text, so the business description is limited to the sector label and financial figures.

What stands out

• Revenue has declined for several years, from ₩201.3B in 2021 to ₩140.4B in 2025, and the trailing figure is ₩155.5B.
• Operating margin fell from 16.9% in 2023 to 0.8% on a trailing basis, and the company posted net losses in 2024 and 2025.
• Free cash flow is negative at about -₩1.6B and borrowings of ₩101.5B exceed cash of ₩14.0B; liabilities are 146.3% of equity.
• The filings show repeated insider shareholding reports and a 5%+ holding report in September, with no detail on their content in the data.
• Recent news is limited to the launch of 'Freestyle Football 2' on 3 December, with pre-orders open.

What to watch

• Next results and any update on the net loss, given the negative trailing net margin of -6.7%.
• Progress of the 'Freestyle Football 2' launch on 3 December and how it is received.
• Debt levels relative to cash and negative free cash flow, plus the foreign ownership trend, which fell from 3.2% to 2.1% over 60 days.