Stradvision (475040) Q1 2026 earnings summary

Executive summary

• Specializes in AI-based vision recognition software for autonomous driving and ADAS, with a focus on lightweight, hardware-agnostic solutions for mass-market vehicles.

• Core products include SVNet (AI engine) and SVDataFlow (data automation), supporting over 20 semiconductor platforms and multiple global OEMs.

• Holds 1,046 patents and 34 trademarks globally, with a strong focus on embedded AI, sensor fusion, and productivity-enhancing technologies.

Financial highlights

• Q1 2026 revenue: KRW 3.57 billion, up slightly from KRW 3.48 billion in Q1 2025.

• Operating loss for Q1 2026: KRW -13.17 billion, improved from KRW -15.16 billion in Q1 2025.

• Net loss for Q1 2026: KRW -13.06 billion, compared to KRW -21.92 billion in Q1 2025.

• Cash and cash equivalents at Q1 2026 end: KRW 9.57 billion, down from KRW 20.12 billion at 2025 year-end.

• R&D expenses for Q1 2026: KRW 766 million, 21.5% of sales.

Segment performance

• 90% of Q1 2026 revenue from exports, 10% from domestic sales.

• Major customers include Aptiv PLC, LG Electronics, and Applied Intuition.

• All revenue derived from software and engineering services for automotive applications.