1. WEIVERS H1 2025 Performance: What Happened?

WEIVERS reported KRW 17.1 billion in revenue for H1 2025, exceeding expectations. However, the company recorded an operating loss of KRW 500 million and a net loss of KRW 200 million. Increased cost of sales and operating expenses are cited as the primary drivers of the decline in profitability.

2. Why These Results? Understanding the Factors

  • ✅ Positive Factors: Growth in the geospatial information market, government support for digital twin initiatives, acquisition of Naver System’s GIS division, competitive edge in proprietary solutions, and a robust order backlog exceeding KRW 55.6 billion.
  • ❌ Cautionary Factors: Negative operating and net income based on consolidated financial statements and a decrease in operating cash flow.

3. WEIVERS Outlook: What’s Next?

WEIVERS possesses long-term growth potential fueled by the expanding geospatial information and digital twin markets and supportive government policies. However, the short-term decline in profitability poses investment risks. Close monitoring of future earnings improvements, tangible results from new business ventures, and macroeconomic conditions is crucial.

4. Investor Action Plan: What Should You Do?

The current investment recommendation is “Hold.” Investors should carefully consider future earnings announcements, business developments, and macroeconomic shifts before making investment decisions.