Eoflow: Litigation-induced sales collapse led to steep losses, negative equity, and severe liquidity risk
· Issued by 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.
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