Nota노타

Nota is growing its AI software contracts but remains deeply loss-making, with its share price down sharply from its 52-week high.

Nota, a Seoul-listed AI model lightweighting company, reported trailing twelve-month revenue of about ₩13.1B against an operating loss of about ₩15.3B through H1 2026. Its share price closed at ₩15,090 on 15 October 2026, roughly 77% below its 52-week high of ₩65,300 and down about 10% over the past month. Valuation multiples are high relative to sales and book value, and the company pays no dividend.

What stands out

• Trailing operating margin is -116.6% and net margin is -126.9%, meaning losses are far larger than revenue.
• Free cash flow is about -₩11.8B, and cash of ₩6.4B sits against ₩3.0B of borrowings, so the company will need to watch its funding position.
• The filings list several major sales or supply contracts in March, May, August and twice in August 2026, which suggests ongoing commercial activity, though contract values are not given in the data.
• Price-to-sales of about 24.6x and price-to-book of about 17.8x are high compared with the listed peers provided, which mostly trade at much lower book multiples.
• The company's latest filings include a shareholder meeting notice and a record date determination, and a stock purchase option grant was filed in June 2026.

What to watch

• The Q3 2026 quarterly report and next results, which will show whether losses are narrowing and whether revenue is growing; the data does not give a forecast.
• The shareholders' meeting agenda described in the October 2026 notices, which the data does not detail.
• Cash runway versus negative free cash flow and the ₩3.0B in borrowings; the news feed contains no headlines to explain recent price moves.