Exion Group엑시온그룹

Exion Group's shares have fallen sharply over the past year, with losses still deep and a recent asset sale and semiconductor tie-up in the news.

Exion Group is an online retailer that was expanded by an August 2025 merger with MJ Tech, which added industrial construction and robot automation businesses. Trailing twelve-month results to H1 2026 show revenue of about ₩67.7B, an operating loss of about ₩2.3B and a net loss of about ₩19.0B, with negative free cash flow and borrowings of about ₩5.2B. The share price closed at ₩1,290 on 2026-10-19, down 86.5% over one year.

What stands out

• Revenue jumped to ₩24.0B in 2025 from ₩4.7B in 2024, but the company still posted an operating loss of ₩5.9B and a net loss of ₩22.3B that year.
• Trailing results show a net margin of -28.1% and return on equity of -44.7%, and liabilities are 130.7% of equity.
• Cash of about ₩1.4B sits against borrowings of about ₩5.2B, and free cash flow over the period was about -₩6.2B.
• Recent filings include convertible bond acquisition decisions, a debt guarantee to a third party, a delisting entry, and a tangible asset acquisition, which the data does not explain in detail.
• News covers a sale of Seongsu-dong real estate, which the company says aims to improve its financial structure, and a business agreement with SEMIX to enter semiconductor materials.

What to watch

• Upcoming full-year 2026 results and whether losses narrow from the trailing figures.
• Details of the Seongsu-dong property sale, the convertible bond transactions and the SEMIX semiconductor plans as they are filed.
• Funding pressure, given negative free cash flow, high leverage and the company's own reference to improving its financial structure; the data gives no dividend and no foreign ownership.