Chai Communication차이커뮤니케이션

Chai Communication is a small Korean digital ad agency that was profitable in 2025 but posted a trailing net loss through H1 2026, with its share price down sharply over the past year.

Chai Communication is an independent digital advertising agency in Korea, listed on KOSDAQ since September 2024. Trailing-twelve-month revenue is about ₩89.4B with a positive operating income of about ₩5.5B, but net income is negative at about -₩1.0B and borrowings of ₩77.8B are well above cash of ₩16.0B. The share price is ₩2,205, down 61.6% over one year but up 28% over three months.

What stands out

• Revenue grew 13.1% in 2025 to about ₩66.5B, and trailing revenue to H1 2026 is about ₩89.4B.
• Operating margin is about 6.2% on a trailing basis, but net margin is -1.1%, so the company reported a net loss over the period.
• Liabilities are about 208% of equity and borrowings (₩77.8B) far exceed cash (₩16.0B), a leverage point to keep in mind.
• Trailing free cash flow is positive at about ₩1.3B, and the company reports no dividend.
• Recent headlines focus on awards, a headquarters move to 'HAUS701' and a Naver partner designation; the data does not show how these affect revenue.

What to watch

• The full-year 2026 results and whether the trailing net loss continues, given the heavy debt load.
• Shareholders' meeting outcomes and the stock purchase option grants noted in recent filings.
• Foreign ownership has fallen from 1.3% to 0.9% over 60 days, and the one-year share price decline may continue to draw attention.