FST FY 2025 Annual Report
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Filed: March 18, 2026· period ending December 31, 2025DART

FST annual report for FY 2025, filed with DART (Korea Financial Supervisory Service) on March 18, 2026. This page provides AI-powered English analysis including business overview, management discussion & analysis (MD&A), risk factors, and KIFRS consolidated financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE).

FST FY 2025 Annual Report Analysis

Business Overview

  • Pellicle and chiller semiconductor material/equipment revenue KRW 2.8T (FY2025), with materials at KRW 1.663T (59%), equipment KRW 1.114T (40%)
  • EUV pellicle and related equipment development ongoing; customer qualification expected by Dec 2025; first demo sales in 2023 completed

Management Discussion & Analysis

  • Revenue KRW 28.0B (+18.1% YoY), operating loss KRW 54.7M (vs. KRW 2.29B profit), net loss KRW 14.33B (+753.2% YoY)
  • Pellicle segment revenue KRW 11.07B (+14% YoY) driven by expanded DUV pellicle sales; materials segment revenue KRW 16.63B (+35% YoY) from new customers

Risk Factors

  • KRW 97.1M sensitivity to 1% USD/KRW exchange rate rise on FX exposure impacting net income
  • KRW 28.8B foreign currency monetary assets vs KRW 4.67B liabilities at fiscal year-end, mainly USD, JPY, CNY

FST FY 2025 Key Financial Metrics
DART

Total Assets

KRW 540.1B

+6.7% YoY

Operating Cash Flow

KRW 14.1B

+361.3% YoY

CapEx

KRW 48.3B

-29.5% YoY

Source: KIFRS consolidated financial data from FST annual report on DART. All figures in KRW.

Source: DART (Korea Financial Supervisory Service) · AI summaries generated from the original Korean filing (English output) · Beta: coverage is expanding