Dynamic solution다이나믹솔루션

Dynamic Solution's losses are deep and its share price has fallen sharply, though recent news flow centres on new robotics and rehabilitation product partnerships.

Dynamic Solution makes AI- and IoT-based rehabilitation devices, with hospitals and clinics as its main domestic customers and the United States as its largest overseas market. Trailing twelve-month revenue to H1 2026 was ₩12.6B against an operating loss of ₩6.0B and a net loss of ₩5.6B, and free cash flow was negative ₩7.0B. The share price closed at ₩1,287 on 2026-10-19, down 29.1% over one year and 16.9% over one month.

What stands out

• Revenue has fallen for two years, from ₩26.6B in 2023 to ₩16.1B in 2025, and trailing revenue to H1 2026 is ₩12.6B.
• The company has reported operating losses in every year shown from 2021 to H1 2026, and the 2025 net loss was ₩12.3B.
• Cash of ₩16.7B is larger than borrowings of ₩7.8B, but trailing free cash flow is negative ₩7.0B.
• Recent filings include a convertible bond issue decision (amended October 7), a share acquisition in another company (September 11) and a half-year report (August 14).
• Recent headlines cover a robotics and humanoid partnership with Magic Lab Robotics, Vietnam expansion and a rehabilitation robotic hand demonstration; the data does not show their financial impact.

What to watch

• Terms and timing of the convertible bond issue, since the data does not give its size or conversion details.
• Whether revenue stabilises after the multi-year decline, using the next full-year and half-year results.
• Foreign ownership is 0% and short balance is 1.4%; the data does not explain the reasons for either.