Newen AI뉴엔AI

Newen AI reports a near break-even trailing year after a steep share price fall, and has just agreed to buy real estate for ₩6.6B.

Newen AI, a Korean big-data AI analysis firm listed on KOSDAQ in July 2025, posted a small trailing net profit of ₩56M on ₩19.8B revenue for the twelve months to H1 2026, after a loss-making 2025. The share price is ₩6,040, down about 75% over one year and well below its 52-week high of ₩26,550, with a market value of about ₩54B. On 15 October 2026 it filed a decision to acquire tangible assets, reported as a ₩6.6B real estate purchase at Goyang GIFC Tower.

What stands out

• Trailing operating income is still slightly negative at about -₩93M (-0.5% margin), so the small net profit appears to rest on non-operating items; the data does not break this down.
• 2025 was a loss year: revenue ₩18.8B, operating loss ₩1.1B and net loss ₩1.06B.
• The company holds about ₩3.3B in cash and reports no borrowings, with trailing free cash flow of about ₩1.5B.
• Valuation is hard to read: trailing P/E is about 969x, price-to-book about 1.0x and price-to-sales about 2.7x; no dividend is paid.
• Foreign ownership rose from 0.5% to 3% over about 60 days, while institutions were net sellers of about ₩2.5B over the last 20 days.

What to watch

• The ₩6.6B real estate acquisition: the filing and news do not state how it will be funded relative to the ₩3.3B cash balance.
• The next quarterly or annual results, to see whether operating income turns positive on a sustained basis.
• Ongoing insider share sales or holding changes, given the recent insider shareholding and stock option filings; the data does not say what they signify.