Unison (018000): Korean Industrials stock

What the company does

Unison makes wind turbines, the large machines that convert wind into electricity, and supplies them to power projects in South Korea and abroad, also handling installation.

The company is listed on KOSDAQ, South Korea's tech and small-cap exchange. Beyond manufacturing turbines and towers across a range of output capacities, Unison develops, builds, and operates large-scale wind farms, and provides ongoing maintenance services for them.

Summary is AI-generated and may contain errors · figures from DART filings

Financials

Source: DART · FY ending Dec · latest FY2025

Revenue · FY2025

US$29.2M

▲ +56.5% YoY

Operating profit · FY2025

−US$6.9M

Loss narrowed

Net income · FY2025

−US$15.1M

Loss narrowed

Revenue, operating profit and net income by fiscal year (USD; KRW in parentheses).
Metric	FY2023	FY2024	FY2025
Revenue	US$78.1M(₩107.7B)	US$18.6M(₩25.7B)	US$29.2M(₩40.3B)
Operating profit	−US$14.2M(−₩19.6B)	−US$9.1M(−₩12.5B)	−US$6.9M(−₩9.5B)
Net income	−US$18.9M(−₩26.1B)	−US$16.3M(−₩22.5B)	−US$15.1M(−₩20.9B)

Revenue

FY2023US$78.1M
FY2024US$18.6M
FY2025US$29.2M

Operating profit

FY2023−US$14.2M
FY2024−US$9.1M
FY2025−US$6.9M

Net income

FY2023−US$18.9M
FY2024−US$16.3M
FY2025−US$15.1M

Key ratios (FY2025)

ROE

-19.7%

Debt/Eq

141.9%

Op. margin

-23.7%

Net margin

-51.9%

Rev. YoY

▲ +56.5%

Why it matters · Context, not a recommendation

Unison has developed and operated some of South Korea's earliest and largest commercial wind farms, giving it an integrated role spanning equipment supply, project development, and long-term site operation.

Filings

All disclosures · English when translated

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