[유상증자 모니터] 운전자본 부담 속 DLS 인수 '변수' | 클로봇②

Clobot faces a critical juncture: despite 23% revenue growth, it continues to hemorrhage operating cash flow due to working capital pressures, while the DLS acquisition adds an estimated 1.2 trillion won in financial obligations. The company's strategic shift toward logistics automation and its R&D-driven platform strategy (autonomous software Chameleon, multi-robot control platform Chrome) represent its bet to evolve beyond hardware into integrated logistics solutions—but execution risk remains high given fragile cash dynamics and DLS's financial distress.