Today E&M, a KOSDAQ-listed company, has begun a full-fledged turnaround in earnings, driven by increased overseas exports in its core telecommunications equipment (antenna) business. At the same time, the company is moving to stabilize its share price by consolidating the par value per share from 100 won to 200 won, accelerating efforts to enhance shareholder value in earnest.
Today E&M announced in its recently disclosed preliminary results that, on a consolidated basis, last year’s sales came in at 16,693,990,000 won, up 28.21% year-on-year. During the same period, operating loss was 1,810,610,000 won, narrowing the deficit by as much as 72.11% from the previous year and clearly improving its profit structure.
The key driver behind this improvement is the successful penetration of the global market by its main telecommunications (antenna) business. The share of overseas sales, which stood at 33.6% in 2024, surged vertically to about 68% in 2025. In particular, sales in North America jumped 190%, from about 3.3 billion won last year to about 9.5 billion won this year. As a result, the telecommunications business segment alone swung to an operating profit of approximately 2.9 billion won.
Today E&M has significantly increased its global market share by successfully supplying special antennas for a 5G project for AT&T in North America, as well as for communication network construction projects in the subway systems of Paris, France, and Rome, Italy.
In addition, the company is planning to enter the next-generation space and aviation communications market by operating a dedicated R&D organization for 6G and low Earth orbit (LEO) satellite communication antennas. By integrating its own robotics technology, it has completed the first-stage development of a Pan-Tilt active satellite-tracking antenna optimized for the urban air mobility (UAM) environment, rapidly expanding its business domain from ground networks to aerial and space networks.
Meanwhile, Today E&M is carrying out a stock (par value) consolidation to stabilize its share price and enhance corporate value by maintaining an appropriate number of shares in circulation. Under the stock consolidation resolution disclosed in December last year, Today E&M will consolidate the par value per share from the current 100 won to 200 won. Accordingly, every two common shares will be merged into one, reducing the total number of issued shares from 46,661,573 to 23,330,786.
This is a simple share consolidation, not a capital reduction that decreases paid-in capital, so there will be no changes to corporate value or capital. The effective date of the new shares is March 4, 2026, and after a trading halt period from February 27 to March 19, the new shares are scheduled to be listed on March 20.
A Today E&M representative stated, “Last year was the first year of our turnaround, in which we proved our fundamental strength through growth in antenna exports, our core business,” adding, “In 2026, based on our solid references in the North American and European markets, we will both maximize our existing 5G export performance and proactively respond to the demands of next-generation global communication markets such as 6G communications converged with AI, low Earth orbit satellites, and UAM.”
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