Stradvision (475040) Q3 2026 earnings summary

Executive summary

• 9M 2026 revenue was ₩18.96bn; operating loss narrowed to ₩33.38bn and net loss to ₩34.70bn, versus ₩49.91bn and ₩53.47bn, respectively, in 9M 2025.

• Q3 revenue rose to ₩8.97bn from ₩1.15bn in Q3 2025; quarterly operating loss narrowed to ₩9.06bn from ₩19.91bn.

• June KOSDAQ listing and public offering bolstered liquidity; cash and cash equivalents reached ₩60.23bn at September 30, plus ₩10bn in short-term deposits.

Financial highlights

• 9M revenue was ₩18.96bn, versus ₩7.73bn in 9M 2025; 9M operating expenses were ₩52.34bn, versus ₩57.64bn.

• 9M net loss attributable to owners was ₩34.70bn, versus ₩53.47bn; basic and diluted loss per share were ₩712.23.

• Total assets were ₩123.27bn and equity ₩76.00bn at September 30, compared with ₩52.48bn and ₩25.29bn at year-end 2025.

• 9M operating cash outflow was ₩25.11bn; investing outflow ₩15.24bn and financing inflow ₩80.63bn. Ending cash was ₩60.23bn.

Outlook and guidance

• Development is advancing toward end-to-end driving software, connecting perception, driving decisions and path planning while optimizing for automotive-chip constraints.

• After an April 2026 Indian commercial-vehicle program selection, plans call for expanding local customers and vehicle programs and pursuing similar opportunities in other emerging markets.