Eoflow Co., Ltd.KRX: 294090

Eoflow: 2024 saw deepening losses, severe liquidity issues, and major legal setbacks, raising survival concerns

· Issued by Eoflow Co., Ltd.

Revenue declined 23.7% to KRW 5,031 million in 2024, with net loss widening to KRW 64,726 million and severe liquidity constraints. Major legal setbacks, including a $462 million US jury verdict, and failed acquisition attempts have heightened going concern risks.

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