Artist Studio아티스트스튜디오

Artist Studio is loss-making with shrinking revenue, but its share price has rallied sharply over the past three months.

Artist Studio produces drama, variety and performance content for broadcasters, platforms and overseas markets, and earns revenue from content fees, advertising and intellectual property. On trailing twelve-month figures to H1 2026 it had revenue of ₩20.2B, an operating loss of ₩1.9B and a net loss of ₩4.3B, with cash of ₩13.6B and no borrowings reported. Revenue has fallen sharply from ₩41.0B in 2021 and ₩44.4B in 2022 to ₩14.6B in 2025.

What stands out

• Revenue fell 46.5% in 2025 and the company has posted operating losses in every year since 2022, with the 2025 operating margin at -20.6%.
• The trailing operating margin has narrowed to -9.6%, a smaller loss than in 2025 but still negative.
• Cash of ₩13.6B against reported borrowings of none is the main balance-sheet strength in the data; trailing free cash flow was -₩1.0B.
• The share price is ₩3,270, up 79.3% over three months and 28.5% over one month, but down 58.1% over one year and well below its 52-week high of ₩8,680.
• Market value is about ₩37.6B, with price-to-book of 0.8 and no dividend; the data gives no P/E because earnings are negative.
• Filings in September and October 2026 include a rights offering decision, a securities issuance result, a shareholder meeting, a head office relocation and a company name change.

What to watch

• The rights offering and securities issuance mentioned in September 2026 filings, including how it is priced and how much capital it raises.
• The outcome of the extraordinary shareholders' meeting and the planned company name change, which the data does not explain in detail.
• Next results releases: the data contains no forecasts, so whether revenue and losses keep improving or worsen is unclear. No recent news headlines were available.