StradVision스트라드비젼

StradVision is still loss-making, with TTM operating losses far larger than its revenue, though it signed a supply contract in October.

StradVision, a Seoul-based maker of AI camera vision software for cars, reported trailing twelve-month revenue of about ₩21.5B against an operating loss of about ₩52.9B as of H1 2026. The company holds ₩85.9B in cash against ₩5.0B of borrowings, and its shares closed at ₩2,275 on 30 October 2026, down 22.9% over one month and 10.8% over three months.

What stands out

• Revenue grew 56.9% in 2025 to about ₩18.1B, but the operating loss widened to about ₩58.6B, an operating margin of -323.6%.
• TTM free cash flow was about -₩43.9B, so the cash balance is being drawn down by operations.
• Filings include a major sales or supply contract on 12 October 2026 and another on 20 August 2026, though the data does not give contract values or counterparties.
• Valuation shows P/B of 1.4 and P/S of 5.7, while P/E is not meaningful because earnings are negative; the data gives no dividend and no fair value estimate.
• Foreign ownership is 0% and short balance is 0.6%; over the last 20 days foreign investors were net sellers of about ₩1.0B while retail investors were net buyers of about ₩0.8B.

What to watch

• The next filed results after the H1 2026 half-year report, to see whether losses narrow relative to revenue.
• Further supply contract filings and whether they disclose revenue or customer details, which the current data does not.
• The stock option grant and the shareholder meeting outcomes, which could affect dilution; the data does not state the size of the grant.