SyntekaBio Signs 6.48 Billion KRW Colocation Service Contract - 189% of Annual Revenue, Secures 3-Year Revenue Stream
SyntekaBio has signed a 6.48 billion KRW colocation service contract with AtoResearch. This large-scale contract is equivalent to 188.96% of its 2025 consolidated revenue of 3.43 billion KRW.
The contract period is 36 months from November 2026 to October 2029, with monthly invoicing at the beginning of each month and cash payment at the end of the following month. No upfront payment is required.
This contract secures a stable long-term revenue stream for SyntekaBio, which could positively impact its stock price. Given the scale relative to revenue, it is expected to significantly contribute to earnings improvement.
[AI Summary]SyntekaBio's 6.48 billion KRW colocation contract with AtoResearch, representing approximately 189% of its current revenue, will provide stable cash flows and profitability improvement over three years. This is likely a positive short-term catalyst for the stock price.