Openedges Technology오픈엣지테크놀로지

Openedges Technology's shares have fallen sharply over the past year while the company keeps posting large operating losses on modest revenue.

Openedges Technology designs chip IP for edge devices such as autonomous vehicles and security cameras, with customers among global Tier-1 chipmakers. Trailing twelve-month revenue is about ₩14.3B, against an operating loss of about ₩28.8B and negative free cash flow of about ₩15.4B. The share price closed at ₩7,110 on 2026-10-26, near its 52-week low of ₩6,990 and well below its 52-week high of ₩22,700.

What stands out

• Trailing revenue of ₩14.3B is set against an operating loss of ₩28.8B, an operating margin of -201.8%.
• Full-year 2025 revenue rose 4.8% to ₩16.1B, but the operating loss stayed near ₩28.9B.
• Cash of ₩12.5B compares with borrowings of ₩15.0B, and liabilities are 128.2% of equity.
• The stock is down 43.3% over one year and 30.5% over three months; foreign ownership rose from 2.5% to 3.9% over 60 days while retail investors were net sellers over 20 days.
• Recent filings include a major sales or supply contract (2026-10-02), a conversion price adjustment for convertible preferred shares (2026-10-08), and a 5%+ holding report (2026-10-19); no recent news headlines were available in the data.

What to watch

• Upcoming full-year 2026 results and whether losses narrow from current levels.
• Whether the company's cash position stays adequate against its ₩15.0B of borrowings and negative free cash flow.
• The dissolution event at a subsidiary reported on 2026-08-14 and the effect of the convertible preferred share conversion price adjustment on existing holders.