Delisting risk
KWM · NASDAQ · Entertainment

K Wave Media (KWM)

Pursues AI infrastructure, software, and technology acquisition opportunities.

$1.40
Pre-market+0.01 (+0.72%)
At close$1.39(+11.20%)
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K Wave Media Ltd.KWMCommunication Services

Pursues acquisitions and operating opportunities in AI infrastructure, AI software, data centers, enterprise solutions, and adjacent technologies, after assembling and restructuring a portfolio of South Korean entertainment businesses. Its operating model depends on financing and closing transactions rather than a disclosed new-strategy operating asset base.

Operates as a Cayman-incorporated, Nasdaq-listed holding company pursuing AI software, AI infrastructure, data-center infrastructure, AI-enabled enterprise solutions, AI content-production platforms, and adjacent technologies. Its operating history is rooted in South Korean entertainment, merchandising, food-and-beverage, production, and investment businesses.

Builds and reshapes its operating perimeter through acquisitions, disposals, and subsidiary restructurings. An exclusive proposal to acquire a controlling interest in an unnamed South Korean semiconductor-materials company remains subject to diligence, financing, definitive agreements, regulatory approvals, and closing conditions.

Depends on subsidiary cash generation and upstream distributions, conditional access to an equity-purchase facility, and the ability to source, finance, and close transactions. The parent operates primarily through foreign subsidiaries and reports as a foreign private issuer.

Company facts

CEOTed Kim
ListedMay 14, 2025
ExchangeNASDAQ
HeadquartersGeorge Town, Cayman Islands
CountryCayman Islands
Employees172
CIK0002000756
ISINKYG531511338

Market cap$3.5M
EPS (ttm)−$146,742.00
P/E (ttm)−0.0000
ROE-1,370,310.0%
P/B−0.1278
P/S0.0000
Dividend yieldDiv yield
Beta0.58vs XLC 0.75

No analyst consensus on record.

EPSReportedEstimate

FY22FY23FY24FY25
Reported$0.01−$1,151.01−$3.08−$3,382.40
Estimate
Surprise

RevenueReportedEstimate

FY22FY23FY24FY25
Reported$0$208.7K−$13.6M$78.12B
Estimate
Surprise
Estimate
Reported−$3,382.40
Estimate
Reported$78.12B
View details

Current ratio24.20%

ProfitabilityRevenueNet incomeNet margin

Q1 FY24Q2 FY24Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25
Revenue$0$0−$13.6M$66.2K$10.4M$11.3M$16.9M$78.08B
Net income−$212.4K−$84.6K−$10.1M−$3.5M−$608.8K−$14.5M−$59.3M−$205.74B
Net margin0.0%0.0%0.0%0.0%0.0%

GrowthOperating income

Q1 FY24Q2 FY24Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25
Operating income−$805.9K−$646.2K−$10.4M−$2.5M−$12.3M−$13.4M−$56.4M−$194.73B
YoY growth

Balance sheet, Dec 31, 2025Cash & short-term investments $6.2M · Total debt $36.3M · Total assets $86.8M · Shareholders' equity −$14.7M

Revenue
$78.08B
Operating income
−$194.73B
Net income
−$205.74B
View details

No dividends on record.

Institutions6 holders · as of Mar 31, 20264.99%130.6K shares
Insiders6 holders · as of Apr 1, 202614.14%369.9K shares
Otherremainder80.87%2.12M shares

2.62M company shares as of Aug 22, 2026 · institutions as of Mar 31, 2026 · holders as of their latest filing

The share count has not been confirmed by a second filing; stakes use it as it stands.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesEvidence
Pyeung Ho ChoiInsiderdirector
6.31%165,076Form 4filed Mar 24, 2026
Anson Funds Management LPInstitution
4.87%3.82M13Fas of Mar 31, 2026
Ted KimInsiderdirector, officer: Chief Executive Officer
3.65%95,549Form 4filed Mar 18, 2026
Young Jae LeeInsiderdirector
3.46%90,554Form 4filed Mar 24, 2026
Yang Kan ChongInsiderdirector
0.59%15,555Form 4filed Apr 1, 2026
See all 13

13F — a manager's quarterly holdings · Form 4 — an insider's transaction report

Insider tradesForm 4

Nothing filed in the last 12 months.

View details

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