1. What Happened? Y2Solution’s Performance Shock

Y2Solution’s Q2 2025 preliminary results show revenue of 32 billion KRW, operating loss of -1.3 billion KRW, and net loss of -4.8 billion KRW. While exceeding market expectations for revenue, the figures represent a significant decline compared to the same period last year.

2. Why the Downfall? Struggling Core Business and Profitability Decline

The sharp drop in sales in their core PSU segment is the primary culprit. A 55% decrease compared to the same period last year has led to the overall decline in performance. The chemical wholesale business also struggled. Accumulated deficit and increasing debt-to-equity ratio are adding to the financial burden.

3. What’s Next? Finding Hope Amidst Uncertainty

Y2Solution is focusing on securing new growth engines such as EV charger power modules, ESL, and biopharmaceutical development. However, these new businesses are still in their early stages and will require time to yield tangible results. While long-term growth potential exists, short-term uncertainty remains high.

4. What Should Investors Do? Proceed with Caution

Short-term investors should proceed with caution. Until there’s evidence of improved profitability and tangible results from the new growth engines, investments should be carefully considered. Long-term investors should closely monitor the success of new businesses, efforts to improve financial structure, and the possibility of a turnaround in the main business segments.