Wemade, KR7112040001

Wemade stock faces a 40.25 percent ownership shift within weeks

Published on 10/05/2026 at 17:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Wemade stock is approaching a planned ownership change after a consortium agreed to hold 40.25 percent. Q2 revenue fell 7.3 percent to KRW 108.3 billion.

Wemade, KR7112040001, Illustration mit AI erstellt.

Wemade stock (ISIN KR7112040001) was last at KRW 15,600 on KOSDAQ on October 2, 2026, down 0.83 percent from the prior session. The central company event is a planned ownership change that would place a consortium involving Neopulse and Kingnet in control of 40.25 percent of the game developer.

40.25 percent ownership shift

According to Sedaily on September 30, 2026, the consortium is expected to become Wemade's largest shareholder after the transaction. The change follows the planned sale of founder Park Kwan-ho's 39.33 percent stake, while the consortium's total holding would reach 40.25 percent after completion.

The transaction is scheduled to close on October 30, 2026, subject to the remaining payment and regulatory procedures, according to The Korea Herald. The planned strategy centers on expanding publishing and core intellectual-property licensing opportunities in global and Chinese markets.

Q2 revenue fell 7.3 percent

Wemade's operating picture remains demanding. In Q2 2026, revenue was KRW 108.3 billion, down 7.3 percent from the year-earlier quarter, while the operating loss reached KRW 21.0 billion, according to ATS View.

The comparison with Q1 2026 is sharper: revenue fell from KRW 153.3 billion to KRW 108.3 billion, while operating income shifted from KRW 8.5 billion to a KRW 21.0 billion loss. Net income remained positive at KRW 10.3 billion in Q2 2026, but the operating result puts execution and cost control alongside the ownership transition.

Target stands 92.3 percent higher

One published analyst consensus assigns Wemade a KRW 30,000 target from one securities firm, according to Butler on October 2, 2026. That target lies 92.3 percent above the KRW 15,600 last price, making the ownership transition and the return to operating profitability the key valuation questions.

Stock remains below yearly high

Wemade was last at KRW 15,600 on KOSDAQ on October 2, 2026, with volume of 65,240 shares. Its 52-week range was KRW 12,570 to KRW 34,850, while market capitalization stood at KRW 527.3 billion on the same date.