Artist아티스트컴퍼니

Artist Company is loss-making on a trailing basis and faces an embezzlement and breach-of-trust matter, with its shares far below their 52-week high.

Artist Company, a Korean entertainment management, content and ad-tech group listed on KOSDAQ, reported trailing twelve-month revenue of ₩37.6B to H1 2026 but an operating loss of ₩4.0B and a net loss of ₩3.8B. The share price closed at ₩2,880 on 2026-10-28, down 42.7% over one year but up 45.2% over three months, and the company is pursuing complaints over alleged breach of trust by former executives.

What stands out

• Trailing operating margin is -10.6% and net margin is -10%, so the business is not yet profitable on this measure.
• FY2025 showed revenue of ₩46.7B, up 119.4%, and a net profit of ₩1.3B, but operating income was still negative at ₩4.0B.
• Trailing free cash flow is -₩0.3B, while cash of ₩20.9B is set against borrowings of ₩10.9B.
• Recent filings include a suspected embezzlement and breach-of-trust matter (first filed 2026-09-17, progress update 2026-10-22), and news reports say the company has filed criminal complaints against former executives over ₩680M in alleged charges.
• Filings also show several 5%+ holding reports and a business transfer decision amended in September 2026, but the data does not explain these in detail.
• Price-to-book is 1.2 and the data gives no trailing P/E, and the company pays no dividend. Peer valuations are mixed, and the data contains no analyst ratings or price targets.

What to watch

• Further updates on the embezzlement and breach-of-trust matter and any effect on the company's finances or governance.
• Upcoming earnings and the full-year 2026 results, which the data does not yet include.
• Progress on the business transfer and share transfer decisions disclosed in August and September 2026, and the trend in foreign ownership, which rose from 0.6% to 1.6% over 60 days.