Outin Futures아우딘퓨쳐스

Outin Futures remains loss-making on a trailing basis, with its shares down about 35% over the past year.

Outin Futures, a Korean cosmetics maker that combines its own brands with contract manufacturing, reported trailing twelve-month revenue of about ₩42.7B to H1 2026 but an operating loss of about ₩0.2B and a net loss of about ₩1.2B. The balance sheet carries ₩8.9B of borrowings against ₩2.0B of cash, and the stock closed at ₩1,013 on 2026-10-19, with a market value of about ₩19.6B.

What stands out

• Revenue has recovered from ₩32.7B in 2023 to ₩42.4B in 2025, but losses were large in 2024 and 2025, with a 2025 net loss of about ₩3.5B.
• The trailing operating loss has narrowed to about ₩0.2B, compared with a 2025 operating loss of about ₩1.8B, though free cash flow is still negative at about ₩1.5B.
• Liabilities are about 163% of equity and borrowings are ₩8.9B, which is large relative to the reported cash balance.
• Recent filings include several 5%+ holding reports, a change of largest shareholder amendment, convertible bond transactions, a trading halt on 2026-05-27 and a collateral provision decision, but the filing titles give no detail on their terms.
• No news headlines were included in the data, and no analyst ratings or price targets are available.

What to watch

• The next quarterly or half-year results, to see whether the operating loss keeps narrowing and free cash flow turns positive.
• Details of the convertible bond activity, the largest shareholder change and the collateral arrangement, which the filing titles do not explain.
• Debt levels relative to cash, given the reported borrowings and the high liabilities-to-equity ratio.