MICRO2NANO마이크로투나노

MICRO2NANO grew revenue sharply in 2025 and is still loss-making, though its share price has risen strongly over three months.

The company makes MEMS-based probe cards for chip testing plus foundry services. Revenue reached ₩31.2B on a trailing twelve-month basis to H1 2026, but it still posts an operating loss of ₩0.9B and a net loss of ₩2.6B. The shares closed at ₩10,340 on 2026-10-16, with a market cap of about ₩61.2B.

What stands out

• Revenue rose about 119% in 2025 to ₩22.2B, yet operating losses widened to ₩3.4B and the net loss was ₩4.9B.
• Trailing operating margin is -2.9% and net margin is -8.4%, so the business is not yet profitable on these filings.
• Cash of ₩5.3B against borrowings of ₩2.5B, with trailing free cash flow of -₩1.1B; liabilities are 89% of equity.
• The shares are up 51.2% over three months and 15.7% over one month, but the 1-year return is 7.6% and the price sits well below its 52-week high of ₩16,340.
• Foreign ownership eased slightly to 4.2% from 4.4% over 60 days, while the 20-day flows data shows foreign and institutional net selling and retail net buying.

What to watch

• The Q3 2026 quarterly report, due after the period, will show whether losses are narrowing from the H1 2026 trend.
• The 5%+ holding report filed on 2026-07-07 is listed, but the filing details are not in the data, so the holder's identity and intent are unclear.
• Recent filings include a major sales or supply contract (2026-02-27), but its value and customer are not given in the data; no analyst forecasts or fair value estimate are available.