Business
Eoflow: Litigation-induced sales collapse led to steep losses, negative equity, and severe liquidity risk
Eoflow: Litigation-induced sales collapse led to steep losses, negative equity, and severe liquidity risk
About this update from Eoflow Co., Ltd.
Q1 2026 revenue dropped nearly 90% YoY due to litigation-driven sales bans and market uncertainty, resulting in a net loss of KRW 9.1 billion and negative equity. Liquidity remains strained, with significant contingent liabilities and asset seizures, while R&D and capital-raising efforts continue.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.