Kornic Automation코닉오토메이션

Kornic Automation's shares have fallen sharply over the past year as the company reports losses on lower revenue.

Kornic Automation, a Korean factory automation and IT infrastructure company, posted a trailing twelve-month net loss of ₩6.8B on ₩33.9B of revenue to the half-year of 2026. Its 2025 revenue fell 45.8% and it booked a loss, after a profitable 2024 driven by a sharp revenue jump. Its share price closed at ₩1,083 on 2026-10-23, down 57.8% over one year.

What stands out

• Trailing twelve-month operating margin is -2.2% and net margin is -20.1%, with the net loss much larger than the operating loss, though the reason for the gap is not given in the data.
• Borrowings of ₩10.1B exceed cash of ₩1.8B, and liabilities are 113% of equity; free cash flow over the period was -₩1.5B.
• Annual revenue swung from ₩55.5B in 2024 to ₩30.1B in 2025, so the business has been volatile year to year.
• Recent filings include several major sales or supply contracts (latest 2026-10-20) and a decision on acquisition of tangible assets, and a derivatives trading loss was reported on 2026-08-18.
• A ₩2.8B network security equipment supply contract was reported in the news on 2026-10-20.

What to watch

• The next half-year or annual results, and whether revenue and losses improve from the trailing figures.
• Details of the derivatives trading loss and the tangible asset acquisition, which the data does not describe.
• Debt levels against cash, since borrowings are well above cash and free cash flow is negative; the data does not give a repayment schedule.