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FESCARO

FESCARO 2026 Q1: Revenue +105%, Net Profit +174% YoY, Motrab Acquisition Completed


  • Q1 2026 consolidated revenue of 6.55 billion KRW (+105% YoY), operating profit 0.57 billion, net profit 0.96 billion (+174% YoY)
  • Completed acquisition of 100% stake in Motrab Co., Ltd. for 5.0 billion KRW (Jan 5, 2026), consolidated as subsidiary
  • Consolidated order backlog of 40.4 billion KRW (ECU security 6.48B, vehicle communication security 22.82B, ECU development 10.26B)
  • Global automotive cybersecurity market expected to grow at 15.3% CAGR to 2034 (Precedence Research), benefiting from UN R155 and Korean vehicle law amendments
  • Healthy debt ratio of 8.96%, cash and cash equivalents 2.15B, short-term financial instruments 27.24B, total liquidity 48.77B KRW
  • R&D expenses of 1.05 billion KRW (16.6% of revenue), 96 R&D personnel, 53 patents, AutomotiveSPICE CL2 and FIPS 140-2 certifications
  • On April 1, 2026, 204,000 stock options exercised, increasing total shares to 9,866,730
  • Majority shareholder CEO Hong Seok-min holds 35.41%; all directors re-elected at 2026 AGM

KOSDAQ Filing Information


  • Filing: Quarterly Report (2026.03)
  • Company: FESCARO (0015S0)
  • Submission: FESCARO Co., Ltd.
  • Receipt: 05-12-2026