Boratr보라티알

Boratr shares have fallen sharply over the past year, and trailing profit has turned to a net loss despite still-positive operating income.

Boratr, a KOSDAQ-listed retail and trade company, reported trailing twelve-month revenue of ₩105.5B and operating income of ₩7.5B to H1 2026, but a net loss of ₩2.0B. Its share price closed at ₩5,220 on 19 October 2026, down 41.5% over one year and near its 52-week low of ₩4,950. The company carries borrowings of ₩137.3B against cash of ₩66.1B.

What stands out

• Revenue has grown each year since 2021, reaching ₩102.3B in 2025, but operating margin has narrowed from 17% in 2023 to 7.1% on a trailing basis.
• Net income fell from ₩9.5B in 2024 to ₩0.2B in 2025, and the trailing period shows a net loss of ₩2.0B, with ROE at -2.3%.
• Liabilities are 189.7% of equity, and borrowings exceed cash by about ₩71B, so leverage is a visible feature of the balance sheet.
• Trailing free cash flow is positive at ₩3.0B, though this is small relative to debt.
• The company's own DCF model gives a base value of ₩64,324 per share against the ₩5,220 close, but the filing-based model is not a forecast and its assumptions are not described in the data.
• Recent filings include a CEO change and a corporate value-up plan in March 2026, and no cash dividend is paid (yield 0%).

What to watch

• The next quarterly or annual filings, to see whether the trailing net loss continues and whether operating margin holds near 7%.
• Debt levels and interest costs relative to ₩66.1B of cash, given the 189.7% liabilities-to-equity ratio.
• Follow-through on the March 2026 value-up plan and the new CEO's strategy, which the data does not detail; no recent news headlines were available.