06 065620.KQ Loading... : Bullish and Bearish Analyst Opinions

Genoco is a Korea Aerospace Industries-controlled aerospace and defense communication equipment supplier with over 40% R&D staff and a long domestic localization track record. Its defense parts business provides cash flow, while satellite communications and avionics offer large future orders, including reconnaissance satellite maintenance, ANASIS 3 ground station work, KF-21 avionics localization, and unmanned mission computers. Revenue has been growing, and the 2024 loss reflects satellite-related investment and pre-volume parts purchases rather than broken demand. With market cap around 100 billion won and expected annual revenue of 50-60 billion won, the speaker sees an earnings turnaround as large orders materialize.