Virnect Co., Ltd. (KOSDAQ:438700)

South Korea · Delayed Price · Currency is KRW

1,413.00

-44.00 (-3.02%)

At close: Nov 9, 2026

Virnect Financials Overview

Financials in millions KRW. Fiscal year is January - December.

Millions KRW. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	8,844	3,097	4,599	6,502	5,056	3,569
Revenue Growth	98.34%	-32.66%	-29.26%	28.59%	41.68%	-
Gross Profit	3,399	2,373	3,261	5,308	4,271	3,138
Operating Income	-6,676	-8,491	-12,697	-11,308	-14,142	-4,660
Net Income	-4,165	-5,034	-12,641	-10,357	-8,481	-8,976
Earnings Per Share	-374.00	-452.00	-1137.10	-1054.15	-1716.00	-2292.00
EPS Growth	-	-	-	-	-	-

Revenue by Segment

Fiscal Year	FY 2025	FY 2024
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024
Unallocated Adjustment	-2,174	-2,657
South Korea	3,097	4,599
Europe	2,174	2,657
Total	3,097	4,599

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	8,020	8,908	23,437	36,316	9,518	30,907
Total Debt	11,756	9,945	7,285	7,620	8,953	6,921
Net Cash (Debt)	-3,736	-1,037	16,152	28,696	565.45	23,987
Net Cash Growth	-	-	-43.71%	4974.80%	-97.64%	-
Net Cash Per Share	-335.25	-93.05	1452.91	2920.54	114.41	6123.48

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	-6,479	-8,258	-10,940	-11,857	-11,248	-2,567
Capital Expenditures	-192.95	-390.02	-288.53	-141.59	-1,381	-713.71
Free Cash Flow	-6,672	-8,648	-11,229	-11,999	-12,629	-3,281
Free Cash Flow Growth	-	-	-	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	38.44%	76.61%	70.91%	81.64%	84.46%	87.92%
Operating Margin	-75.48%	-274.16%	-276.07%	-173.92%	-279.69%	-130.58%
Pretax Margin	-45.96%	-160.18%	-273.61%	-158.51%	-168.43%	-251.52%
Profit Margin	-47.10%	-162.54%	-274.86%	-159.30%	-167.73%	-251.52%
FCF Margin	-75.43%	-279.22%	-244.15%	-184.54%	-249.77%	-91.93%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '26 Nov 10, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PS Ratio	1.78	11.64	6.92	15.54	-	-