1. What’s Happening with Medicocks?

According to the semi-annual report of 2025, Medicocks received a disclaimer of opinion due to ‘significant doubts about the company’s ability to continue as a going concern.’ This is a serious situation that suggests the possibility of delisting. Furthermore, trading of Medicocks shares has been suspended due to allegations of embezzlement and breach of trust, and the initiation of a delisting review.

2. Why is This Happening?

Medicocks is facing a severe financial crisis. As of the first half of 2025, the company recorded sales of 7.6 billion KRW, an operating loss of 1.4 billion KRW, and a net loss of 3.7 billion KRW. It also faces severe capital impairment with accumulated losses of approximately 102.5 billion KRW. The sharp decline in sales in its main businesses, shipbuilding equipment and motors/generators, is also a major problem. Furthermore, new business ventures have yet to show tangible results.

3. What is the Future of Medicocks?

The current situation of Medicocks is very bleak. The combination of a disclaimer of opinion, trading suspension, and deteriorating performance makes the company’s survival uncertain. Short-term recovery seems difficult, and the medium- to long-term outlook is also highly uncertain.

4. What Should Investors Do?

Investing in Medicocks is currently extremely risky. Extreme caution is required for any potential investment. Investors should closely monitor the resolution of the disclaimer of opinion, the resumption of trading, and the company’s management improvement plan. If you are unable to tolerate these uncertainties, it’s advisable to reconsider your investment or consider cutting your losses.