FADU FY 2025 Annual ReportBeta
FADU 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).
FADU FY 2025 Annual Report Analysis
Business Overview
- • SSD controller revenue KRW 64.2B in 2025, 69.4% of total sales, up from KRW 23.9B (55%) in 2024
- • PCIe Gen6 NVMe SSD controller tape-out completed in 2025, with ongoing customer negotiations for mass production
Management Discussion & Analysis
- • Revenue KRW 9.24B (+112.4% YoY), operating loss KRW 6.55B (-31.1%), net loss KRW 7.62B (-16.7%) in 2025
- • Enterprise SSD segment drove growth with new customers and demand expansion, sales up about KRW 4.89B YoY, reason: "new customer sales full-scale and SSD market demand expansion"
Risk Factors
- • USD 10% exchange rate move → ±KRW 3.39B pre-tax impact on net income at fiscal year-end 2025
- • KRW 61.83B net debt at FY2025-end, up sharply from KRW 4.16B prior year, driving debt ratio to 312.36% from 4.24%
FADU FY 2025 Key Financial MetricsDART
Total Assets
KRW 122.4B
▼ -8.9% YoY
Operating Cash Flow
-KRW 3.7B
▲ +96.6% YoY
CapEx
-KRW 4.1B
▲ +32.8% YoY
Source: KIFRS consolidated financial data from FADU 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