Puloon Robotics푸른로보틱스

Puloon Robotics is loss-making on a trailing basis after revenue fell sharply in 2025, and its shares have dropped about 41% over the past year.

Puloon Robotics makes automation equipment, including ATMs, banknote counters, rail fare collection systems and collaborative robots. Trailing revenue to the first half of 2026 is about ₩24.0B, with an operating loss of about ₩0.7B and a net loss of about ₩1.9B. The share price is ₩5,320, with a market value of about ₩44.5B, well below its 52-week high of ₩15,700.

What stands out

• Revenue fell 32.5% in 2025 to about ₩23.5B, after a 2024 peak of about ₩34.8B, and the company moved from operating profit in 2024 to operating losses in 2025 and the trailing period.
• Trailing free cash flow is positive at about ₩3.5B and cash is about ₩4.1B, while the data shows no borrowings, so the balance sheet looks lightly leveraged, with liabilities at 31.7% of equity.
• The DCF fair value model gives a base value of ₩2,004, below the current price of ₩5,320; the bear and bull values are ₩1,172 and ₩3,446. This is a model output, not a forecast.
• Foreign ownership fell from 4.9% to 2.2% over about 60 days, and 20-day foreign flows were net selling of about ₩2.1B, while retail investors were net buyers of about ₩2.0B.
• Filings in 2026 include a major sales or supply contract in May, a half-year report for June 2026 in August, and several shareholder meeting and director-related filings; the news feed shows no headlines.

What to watch

• The next quarterly or annual filings, to see whether operating losses narrow from the trailing level of about -3% margin.
• Follow-up details on the May 2026 major sales or supply contract, including size and timing, which the data does not provide.
• Continued foreign selling and the share price relative to the 52-week low of ₩4,715, given the stock's sharp one-year decline.