Cash flow RAON ROBOTICS Inc.

Stocks

A232680

KR7232680009

Industrial Machinery & Equipment

End-of-day quote Korea S.E. 04/09/2026			5-day change	1st Jan Change
9,400.00 ^KRW	+2.62%		+2.62%	-35.40%

02/02	Raon Robotics to divest 6.4 billion won worth of own shares	RE
30/01	Raon Robotics Q4 operating profit 1.2 billion won, up 141.3% from year earlier	RE

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Published financial data: RAON ROBOTICS INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2023 (KRW)	2024 (KRW)	2025 (KRW)
Revenues	3.45TCr	4.92TCr	5.38TCr
Other Revenues, Total	-	-10	-
Total Revenues	3.45TCr	4.92TCr	5.38TCr
Cost of Goods Sold, Total	2.43TCr	3.39TCr	3.7TCr
Gross Profit	1.02TCr	1.54TCr	1.69TCr
Selling General & Admin Expenses, Total	585.57Cr	874.81Cr	871.99Cr
Provision for Bad Debts	-	-	29Cr
R&D Expenses	204.7Cr	377.9Cr	352.37Cr
Depreciation & Amortization - (IS)	23Cr	25Cr	28Cr
Amortization of Goodwill and Intangible Assets - (IS)	5.64Cr	7.42Cr	9.07Cr
Other Operating Expenses	3.3Cr	4.2Cr	3.25Cr
Other Operating Expenses, Total	822.14Cr	1.29TCr	1.29TCr
Operating Income	198.19Cr	248.57Cr	395Cr
Interest Expense, Total	-31Cr	-77Cr	-98Cr
Interest And Investment Income	38Cr	53Cr	35Cr
Net Interest Expenses	7.22Cr	-25Cr	-63Cr
Currency Exchange Gains (Loss)	-71.65L	16Cr	3.13Cr
Other Non Operating Income (Expenses)	13Cr	21Cr	12Cr
EBT, Excl. Unusual Items	217.39Cr	261.05Cr	347.16Cr
Gain (Loss) On Sale Of Investments	-	24Cr	15Cr
Gain (Loss) On Sale Of Assets	-1.77Cr	2L	-
EBT, Incl. Unusual Items	215.62Cr	285.54Cr	362.3Cr
Income Tax Expense	-16Cr	-237.61Cr	-6.83Cr
Earnings From Continuing Operations	231.84Cr	523.15Cr	369.13Cr
Net Income to Company	231.84Cr	523.15Cr	369.13Cr
Net Income - (IS)	231.84Cr	523.15Cr	369.13Cr
Net Income to Common Incl Extra Items	231.84Cr	523.15Cr	369.13Cr
Net Income to Common Excl. Extra Items	231.84Cr	523.15Cr	369.13Cr
Per Share Items
Net EPS - Basic	186.64	430.06	309.64
Basic EPS - Continuing Operations	186.64	430.06	309.64
Basic Weighted Average Shares Outstanding	1.24Cr	1.22Cr	1.19Cr
Net EPS - Diluted	186	430	309.64
Diluted EPS - Continuing Operations	186	430	309.64
Diluted Weighted Average Shares Outstanding	1.24Cr	1.22Cr	1.19Cr
Normalized Basic EPS	109.38	134.13	182.01
Normalized Diluted EPS	109.14	134.12	182.01
Dividend Per Share	-	50	-
Payout Ratio	26.91	7.01	16.14
Supplemental Items
EBITDA	277.7Cr	331.97Cr	486.14Cr
EBITA	204.3Cr	256.46Cr	405.1Cr
EBIT	198.19Cr	248.57Cr	395Cr
Effective Tax Rate - (Ratio)	-7.52	-83.21	-1.88
Normalized Net Income	135.87Cr	163.16Cr	216.97Cr
Supplemental Operating Expense Items
Advertising Expense	9.35Cr	14Cr	14Cr
Selling and Marketing Expenses	78Cr	344.39Cr	292.74Cr
Research And Development Expense From Footnotes	204.7Cr	377.9Cr	352.37Cr
Maintenance & Repair Expenses, Total	4.84Cr	5.25Cr	5.62Cr
Stock-Based Comp., SG&A Exp. (Total)	90Cr	42Cr	24Cr
Total Stock-Based Compensation	90Cr	42Cr	24Cr

Fiscal Period: December	2023 (KRW)	2024 (KRW)	2025 (KRW)
Assets
Cash And Equivalents	1.09TCr	998.09Cr	794.68Cr
Short Term Investments	200Cr	1.26TCr	-
Trading Asset Securities, Total	-	-	1.06TCr
Total Cash And Short Term Investments	1.29TCr	2.26TCr	1.86TCr
Accounts Receivable, Total	491Cr	475.54Cr	407.97Cr
Other Receivables	1.32Cr	9.94Cr	7.34Cr
Notes Receivable	30Cr	-	50Cr
Total Receivables	522.22Cr	485.48Cr	465.31Cr
Inventory	1.15TCr	1.15TCr	1.25TCr
Prepaid Expenses	7.01Cr	14Cr	17Cr
Other Current Assets, Total	16Cr	9.25Cr	4.47Cr
Total Current Assets	2.98TCr	3.92TCr	3.59TCr
Gross Property Plant And Equipment	1.64TCr	1.92TCr	2.88TCr
Accumulated Depreciation	-355.2Cr	-406.01Cr	-481.08Cr
Net Property Plant And Equipment	1.29TCr	1.52TCr	2.4TCr
Long-term Investments	11Cr	169.68Cr	165.72Cr
Other Intangibles, Total	55Cr	90Cr	85Cr
Loans Receivable Long-Term	61Cr	88Cr	59Cr
Deferred Tax Assets Long-Term	168.53Cr	280.1Cr	303.06Cr
Other Long-Term Assets, Total	69Cr	75Cr	86Cr
Total Assets	4.64TCr	6.14TCr	6.69TCr
Liabilities
Accounts Payable, Total	222.71Cr	513.78Cr	-
Accrued Expenses, Total	18Cr	18Cr	-
Short-term Borrowings	280Cr	280Cr	280Cr
Current Portion of Long-Term Debt	375.19Cr	256.41Cr	1.24TCr
Current Portion of Leases	4.57Cr	6.45Cr	9.79Cr
Current Income Taxes Payable	11Cr	7.05Cr	5.52Cr
Other Current Liabilities	202.69Cr	221.57Cr	922.16Cr
Total Current Liabilities	1.11TCr	1.3TCr	2.46TCr
Long-Term Debt	230.01Cr	1.14TCr	118.5Cr
Long-Term Leases	12Cr	16Cr	12Cr
Pension & Other Post Retirement Benefits	347.71Cr	403.55Cr	472.77Cr
Other Non Current Liabilities	114.12Cr	43Cr	54Cr
Total Liabilities	1.82TCr	2.91TCr	3.12TCr
Common Stock, Total	625.21Cr	626.71Cr	626.71Cr
Additional Paid In Capital	1.34TCr	1.5TCr	1.1TCr
Retained Earnings	944.28Cr	1.42TCr	2.13TCr
Treasury Stock	-243.45Cr	-502.98Cr	-499.11Cr
Comprehensive Income and Other	147.9Cr	187.27Cr	211.63Cr
Total Common Equity	2.82TCr	3.23TCr	3.57TCr
Total Equity	2.82TCr	3.23TCr	3.57TCr
Total Liabilities And Equity	4.64TCr	6.14TCr	6.69TCr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	1.22Cr	1.19Cr	1.19Cr
ECS Total Common Shares Outstanding	1.22Cr	1.19Cr	1.19Cr
Book Value / Share	2.3T	2.71T	3T
Tangible Book Value	2.76TCr	3.14TCr	3.49TCr
Tangible Book Value Per Share	2.26T	2.64T	2.93T
Total Debt	901.99Cr	1.7TCr	1.66TCr
Net Debt	-388.58Cr	-562.8Cr	-192.47Cr
Inventories - Raw Materials, Total	378.86Cr	309.88Cr	402.16Cr
Inventories - Work In Process, Total	815.95Cr	912.7Cr	918.01Cr
Inventories - Others	340	600	-130
Land - (BS)	526.82Cr	526.82Cr	526.82Cr
Buildings, Total	655.39Cr	655.39Cr	655.39Cr
Machinery, Total	265.53Cr	258.11Cr	278.61Cr

Fiscal Period: December	2023 (KRW)	2024 (KRW)	2025 (KRW)
Net Income	231.84Cr	523.15Cr	369.13Cr
Depreciation & Amortization - CF	73Cr	76Cr	81Cr
Amortization of Goodwill and Intangible Assets - (CF)	6.11Cr	7.9Cr	10Cr
Depreciation & Amortization, Total	80Cr	83Cr	91Cr
(Gain) Loss From Sale Of Asset	1.77Cr	-2L	-
Stock-Based Compensation (CF)	90Cr	42Cr	24Cr
Provision and Write-off of Bad Debts	-	-	29Cr
Other Operating Activities, Total	-63Cr	317.39Cr	363.1Cr
Change In Accounts Receivable	-42Cr	8.85Cr	69Cr
Change In Inventories	460.64Cr	-38Cr	-117.04Cr
Change In Accounts Payable	-78Cr	303.95Cr	21Cr
Change in Other Net Operating Assets	-81Cr	-384.5Cr	-66Cr
Cash from Operations	598.47Cr	856.17Cr	783.52Cr
Capital Expenditure	-53Cr	-292.03Cr	-960.98Cr
Sale of Property, Plant, and Equipment	68.18L	3L	-
Sale (Purchase) of Intangible assets	-30Cr	-42Cr	-5.5Cr
Investment in Marketable and Equity Securities, Total	-43Cr	-1.22TCr	208.26Cr
Other Investing Activities, Total	2.54Cr	-3.43Cr	-61Cr
Cash from Investing	-122.66Cr	-1.56TCr	-818.87Cr
Short Term Debt Issued, Total	280Cr	-	-
Long-Term Debt Issued, Total	-	1TCr	-
Total Debt Issued	280Cr	1TCr	-
Long-Term Debt Repaid, Total	-98Cr	-106.41Cr	-119.19Cr
Total Debt Repaid	-98Cr	-106.41Cr	-119.19Cr
Issuance of Common Stock	4.61Cr	6.38Cr	4.41Cr
Repurchase of Common Stock	-240.43Cr	-259.53Cr	-
Common & Preferred Stock Dividends Paid	-62Cr	-37Cr	-60Cr
Common & Preferred Stock Dividends Paid	-62Cr	-37Cr	-60Cr
Other Financing Activities, Total	-	-10	-
Cash from Financing	-116.59Cr	603.74Cr	-174.36Cr
Foreign Exchange Rate Adjustments	-1.85Cr	8.07Cr	6.31Cr
Miscellaneous Cash Flow Adjustments	-10	10	-
Net Change in Cash	357.37Cr	-92Cr	-203.4Cr
Supplemental Items
Cash Interest Paid	22Cr	34Cr	22Cr
Cash Income Tax Paid (Refund)	169.28Cr	-139.48Cr	18Cr
Levered Free Cash Flow	-	236.47Cr	-575.34Cr
Unlevered Free Cash Flow	-	284.83Cr	-514.2Cr
Change In Net Working Capital	-	-338.29Cr	-90Cr
Net Debt Issued / Repaid	181.63Cr	893.59Cr	-119.19Cr

Fiscal Period: December	2023 (KRW)	2024 (KRW)	2025 (KRW)
Profitability
Return on Assets	-	2.88	3.85
Return on Total Capital	-	3.59	4.85
Return On Equity %	-	17.29	10.84
Return on Common Equity	-	17.29	10.84
Margin Analysis
Gross Profit Margin %	29.54	31.23	31.37
SG&A Margin	16.95	17.77	16.2
EBITDA Margin %	8.04	6.74	9.03
EBITA Margin %	5.91	5.21	7.52
EBIT Margin %	5.74	5.05	7.34
Income From Continuing Operations Margin %	6.71	10.62	6.86
Net Income Margin %	6.71	10.62	6.86
Net Avail. For Common Margin %	6.71	10.62	6.86
Normalized Net Income Margin	3.93	3.31	4.03
Levered Free Cash Flow Margin	-	4.8	-10.69
Unlevered Free Cash Flow Margin	-	5.78	-9.55
Asset Turnover
Asset Turnover	-	0.91	0.84
Fixed Assets Turnover	-	3.51	2.75
Receivables Turnover (Average Receivables)	-	10.19	12.19
Inventory Turnover (Average Inventory)	-	2.95	3.08
Short Term Liquidity
Current Ratio	2.68	3.01	1.46
Quick Ratio	1.6	2.11	0.92
Operating Cash Flow to Current Liabilities	0.54	0.66	0.32
Days Sales Outstanding (Average Receivables)	-	35.92	29.95
Days Outstanding Inventory (Average Inventory)	-	124.16	118.55
Average Days Payable Outstanding	-	39.75	-
Cash Conversion Cycle (Average Days)	-	120.33	-
Long Term Solvency
Total Debt/Equity	32.01	52.58	46.52
Total Debt / Total Capital	24.25	34.46	31.75
LT Debt/Equity	8.59	35.79	3.65
Long-Term Debt / Total Capital	6.51	23.46	2.49
Total Liabilities / Total Assets	39.22	47.35	46.58
EBIT / Interest Expense	6.47	3.21	4.04
EBITDA / Interest Expense	9.07	4.29	4.97
(EBITDA - Capex) / Interest Expense	7.33	0.52	-4.85
Total Debt / EBITDA	3.25	5.12	3.42
Net Debt / EBITDA	-1.4	-1.7	-0.4
Total Debt / (EBITDA - Capex)	4.02	42.57	-3.5
Net Debt / (EBITDA - Capex)	-1.73	-14.09	0.41
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-	42.54	9.35
Gross Profit, 1 Yr. Growth %	-	50.73	9.81
EBITDA, 1 Yr. Growth %	-	19.54	46.44
EBITA, 1 Yr. Growth %	-	25.53	57.96
EBIT, 1 Yr. Growth %	-	25.42	58.91
Earnings From Cont. Operations, 1 Yr. Growth %	-	125.65	-29.44
Net Income, 1 Yr. Growth %	-	125.65	-29.44
Normalized Net Income, 1 Yr. Growth %	-	20.08	32.98
Diluted EPS Before Extra, 1 Yr. Growth %	-	131.18	-27.99
Accounts Receivable, 1 Yr. Growth %	-	-3.15	-14.21
Inventory, 1 Yr. Growth %	-	0.36	8.6
Net Property, Plant and Equip., 1 Yr. Growth %	-	17.59	58.5
Total Assets, 1 Yr. Growth %	-	32.44	8.97
Tangible Book Value, 1 Yr. Growth %	-	13.79	11
Common Equity, 1 Yr. Growth %	-	14.73	10.55
Cash From Operations, 1 Yr. Growth %	-	43.06	-8.49
Capital Expenditures, 1 Yr. Growth %	-	448.58	229.06
Levered Free Cash Flow, 1 Yr. Growth %	-	-	-343.3
Unlevered Free Cash Flow, 1 Yr. Growth %	-	-	-280.53
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	-	24.85
Gross Profit, 2 Yr. CAGR %	-	-	28.65
EBITDA, 2 Yr. CAGR %	-	-	32.31
EBITA, 2 Yr. CAGR %	-	-	40.81
EBIT, 2 Yr. CAGR %	-	-	41.18
Earnings From Cont. Operations, 2 Yr. CAGR %	-	-	26.18
Net Income, 2 Yr. CAGR %	-	-	26.18
Normalized Net Income, 2 Yr. CAGR %	-	-	26.37
Diluted EPS Before Extra, 2 Yr. CAGR %	-	-	29.02
Accounts Receivable, 2 Yr. CAGR %	-	-	-8.85
Inventory, 2 Yr. CAGR %	-	-	4.4
Net Property, Plant and Equip., 2 Yr. CAGR %	-	-	36.52
Total Assets, 2 Yr. CAGR %	-	-	20.14
Tangible Book Value, 2 Yr. CAGR %	-	-	12.39
Common Equity, 2 Yr. CAGR %	-	-	12.62
Cash From Operations, 2 Yr. CAGR %	-	-	14.42
Capital Expenditures, 2 Yr. CAGR %	-	-	324.87