Iokenm아이오케이이엔엠

Iokenm's filed results show deep losses and a shrinking revenue base, with a market value of about ₩18.7B and recent filings pointing to rights offerings and a possible administrative-issue designation.

Iokenm is a small Korean entertainment company that manages broadcast personalities and produces music, drama, film and variety content, and says it entered livestock distribution in June 2025. In the twelve months to H1 2026 it reported revenue of about ₩9.7B, an operating loss of about ₩6.2B and a net loss of about ₩9.0B, and revenue has fallen sharply since 2024. The share price is ₩3,025, down 79.7% over one year, with a market capitalisation of about ₩18.7B.

What stands out

• Revenue fell 51.3% in 2025 to about ₩12.2B, and the trailing figure to H1 2026 is about ₩9.7B.
• Operating margin is about -64% on a trailing basis and net margin about -93%, with losses in every year from 2021 to 2025.
• Free cash flow is about -₩5.7B against cash of about ₩2.2B and borrowings of about ₩1.8B, and liabilities are 21% of equity.
• Recent filings include several amended notices on a rights offering, shareholder meetings and a major management matter, plus a notice on potential designation as an administrative issue because market capitalisation is below ₩20B.
• The stock trades at about 0.3 times book value, but the data gives no fair value estimate, and no news headlines were provided.

What to watch

• Whether the rights offering and shareholder meeting amendments are finalised, and how they affect share count and funding.
• Any decision on designation as an administrative issue, which the filings flag as potential.
• Next results and whether losses narrow relative to the falling revenue base; the data does not include forecasts.