Blitzway Entertainment블리츠웨이엔터테인먼트

Blitzway's shares have fallen sharply over the past year while the company remains loss-making on a trailing basis.

Blitzway Entertainment is a Seoul-listed content company spanning artist management, drama production and collectible figures. Its trailing twelve-month figures to H1 2026 show revenue of about ₩33.9B, an operating loss of about ₩8.6B and a net loss of about ₩9.7B. The share price closed at ₩2,550 on 2026-10-28, down 58.4% over one year and well below its 52-week high of about ₩10,250.

What stands out

• Revenue fell 16.7% in 2025 to about ₩30.2B after a jump in 2024, and the company has booked operating losses in every year from 2022 to 2025 shown in the data.
• Trailing operating margin is -25.3% and net margin is -28.7%, with ROE at -39.5%.
• Cash of about ₩5.1B exceeds borrowings of ₩1.0B, but liabilities are 111.2% of equity and trailing free cash flow is only about ₩0.3B.
• Market capitalisation is about ₩25.4B, with a price-to-book ratio of 1.3 and a price-to-sales ratio of 0.8; P/E is not meaningful because earnings are negative.
• Foreign ownership fell from 9% to 6.6% over the past 60 days, and a 20-day flow table shows net foreign buying of about ₩43M and net institutional selling of about ₩201M, with no news headlines in the data.

What to watch

• Upcoming full-year 2026 results and any further trading halts; the recent filings list includes two trading halts in July and August.
• The September 2026 filing on acquisition of convertible bonds, which may bear on dilution or funding; the data does not show the terms.
• Whether revenue and operating losses narrow in the next reporting period, since the data does not include forecasts.