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KWMK Wave Media Ltd.
$0.14$9M
Overview & Verdict
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KWM logoK Wave Media Ltd.(KWM)Earnings, Financials & Key Ratios

KWM•NASDAQ
$0.14
Price updated Jul 7, 2026
SectorFinancial ServicesIndustrySPACs & Shell CompaniesSub-IndustryPost-merger operating companies misclassified
AboutK Wave Media Ltd. engages in the entertainment content and IP creation, merchandising, and entertainment investment business. The company is based in Grand Cayman, Cayman Islands.Show more
  • EBITDA-$141M-1098.3%
  • Net Income-$142M-1012.7%
  • EPS (Diluted)0.00+100.0%
  • Gross Margin8.81%+2263.4%
  • EBITDA Margin-260.97%+89.3%
  • Operating Margin-80.39%+96.7%
  • Net Margin-263.5%+90.1%

KWM Price & Volume

K Wave Media Ltd. (KWM) stock price & volume — 10-year historical chart

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Persistent Operational Losses Threaten Corporate Solvency

Investment Thesis • Updated 2024Q4

VerdictNegative
Growth:Mixed
Profitability:Negative
Financial:Vulnerable
Cash Flow:Burning
Primary Risk:Imminent liquidity and solvency

Key Thesis Takeaways

  • K Wave Media faces a precarious outlook characterized by extreme revenue volatility and a rapid erosion of shareholder equity, which shifted from $9.5 million in 2023Q3 to a negative $1.5 million by 2024Q4.
  • The company's reliance on an unsustainable cost structure, evidenced by a negative 75.8% gross margin in the most recent quarter, suggests that the current business model lacks the necessary scale to achieve profitability.
  • Investors should exercise extreme caution given the depletion of cash reserves to $333.1K and the questionable decision to execute $75 million in share repurchases despite ongoing net losses.

Verdict Logic

the company's precarious financial position is underscored by a negative 53.2% net margin and a critical depletion of cash reserves to just $333.1K.

KWM Growth Metrics

K Wave Media Ltd. (KWM) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-
5 Years-
3 Years-
TTM-

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM-

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM-

Return on Capital

10 Years-364.82%
5 Years-364.82%
3 Years-364.82%
Last Year-642.51%

Latest KWM News

Recent stock market news and headlines for K Wave Media Ltd. (KWM)

GlobeNewsWire·Jun 18, 2026
K Wave Media Receives Nasdaq MVPHS Deficiency Notice, Aims to Regain Compliance by June 2026

NEW YORK and SEOUL, South Korea, June 18, 2026 (GLOBE NEWSWIRE) -- K Wave Media (the “Company”) announced today that it received a written notification (the “Notice”) from the Nasdaq Stock Market LLC (“Nasdaq”) dated June 16, 2026, notifying the Company that it is not in compliance with the minimum Market Value of Publicly Held Shares (“MVPHS”) requirement set forth in Nasdaq Listing Rules for continued listing on The Nasdaq Global Market.

Peers Comparison

Key metrics vs top competitors for K Wave Media Ltd. (KWM)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
KWM logoKWMK Wave Media Ltd.Current
$0.14$9.26M—11099.56%-263.5%——
SM logoSMSM Energy Company
$27.92$3.21B4.9518.07%3.45%2.49%—
NFLX logoNFLXNetflix, Inc.
$76.18$320.78B30.1115.85%28.52%49.24%—
SPOT logoSPOTSpotify Technology S.A.
$493.95$101.67B41.139.65%15.45%35.34%—
AMZN logoAMZNAmazon.com, Inc.
$245.98$2.65T34.3112.38%12.22%23.34%—
DIS logoDISThe Walt Disney Company
$97.46$169.25B14.233.35%11.54%9.81%—

Compare KWM vs Peers

K Wave Media Ltd. (KWM) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs SM

Most directly comparable listed peer for KWM.

Scale Benchmark

vs GOOGL

Larger-name benchmark to compare KWM against a more recognizable public peer.

Peer Set

Compare Top 5

vs SM, NFLX, SPOT, AMZN

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KWM Frequently Asked Questions

K Wave Media Ltd. (KWM) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is K Wave Media Ltd.'s revenue?

K Wave Media Ltd. (KWM) reported $-18365.3M in revenue for fiscal year 2025.

How fast is K Wave Media Ltd. growing?

K Wave Media Ltd. (KWM) grew revenue by 11099.6% over the past year. This is strong growth.

Is KWM profitable?

K Wave Media Ltd. (KWM) reported a net loss of $13.65B for fiscal year 2025.

Dividend & Returns
What is K Wave Media Ltd.'s free cash flow?

K Wave Media Ltd. (KWM) generated $97.5M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in KWM back in 2023?

Total return calculator · dividends reinvested · 3+ years of data

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