LAT엘에이티

LAT's FY2025 profit recovered to a thin margin on lower revenue, and a rights offering decision was filed on October 14, 2026.

LAT, a small KONEX-listed maker of semiconductor and display production equipment, reported FY2025 revenue of ₩29.4B, down 27.9% from the prior year, with operating income of ₩735M and net income of ₩480M. The shares closed at ₩4,100 on October 16, 2026, with a market value of about ₩32.3B, and the data shows no dividend and no foreign ownership.

What stands out

• FY2025 revenue fell 27.9% to ₩29.4B after a very large ₩40.8B year in 2024, while operating margin was a thin 2.5%.
• The company returned to profit in FY2025 after losses in 2021 and 2023, though 2024 net income was only ₩76M.
• Trailing liabilities were 184.8% of equity, with cash of ₩5.3B against borrowings of ₩828M, and free cash flow was ₩1.0B.
• The share price rose 17.1% over one month, 18.7% over three months and 26.9% over one year, trading below its 52-week high of ₩4,460.
• Valuation is high against earnings at a P/E of 67.2 and P/B of 2.7, and no dividend yield is reported.
• The filing list is mostly routine, but the October 14, 2026 rights offering decision is new; the data has no news headlines to add context.

What to watch

• Details of the rights offering, including size, price and timing, which the data does not provide.
• Whether FY2025's revenue decline continues, given the sharp swing from 2024 to 2025.
• Upcoming results and filings, as the data does not include a schedule; the company's earnings volatility has been large across the years shown.