Wysiwyg Studios Co Ltd

Capital Structure and Liquidity Wysiwyg Studios has a market cap of KRW 69.13 billion and a price-to-book ratio of 0.54, indicating a discount to tangible book value [doc:valuation snapshot]. The company holds KRW 45.78 billion in cash and equivalents but has KRW 79.45 billion in long-term debt, resulting in a negative net cash position [doc:financial snapshot]. The current ratio of 0.71 suggests liquidity constraints, with current liabilities exceeding current assets [doc:valuation snapshot]. ### Profitability and Returns The company reported a net loss of KRW 35.33 billion and an operating loss of KRW 21.42 billion, reflecting poor profitability [doc:financial snapshot]. Return on equity (ROE) is -27.82%, and return on assets (ROA) is -14.56%, both significantly below the industry median for Advertising & Marketing [doc:valuation snapshot]. The EV/EBITDA ratio is negative at -4.79, further underscoring weak operating performance [doc:valuation snapshot]. ### Segments and Geographic Exposure Wysiwyg Studios operates as a single business segment focused on CG content production, with no disclosed geographic revenue breakdown [doc:financial snapshot]. The lack of segmental or geographic diversification increases exposure to sector-specific risks [doc:financial snapshot]. ### Growth Trajectory The company’s revenue of KRW 101.99 billion is offset by a net loss, and free cash flow is negative at KRW -36.24 billion [doc:financial snapshot]. With no disclosed revenue growth rates or outlook, the company’s ability to scale profitably remains unproven [doc:financial snapshot]. ### Risk Factors Key risks include liquidity constraints, with a current ratio of 0.71 and negative net cash [doc:valuation snapshot]. The company’s debt-to-equity ratio of 0.63 suggests moderate leverage, but the operating cash flow of KRW -9.29 billion raises concerns about debt servicing [doc:financial snapshot]. Dilution risk is assessed as low, with no near-term pressure from share issuance [doc:risk assessment]. ### Recent Events No recent filings or transcripts are available to assess strategic shifts or operational updates [doc:financial snapshot].