FreeT
Daily close in US$ at the latest USD/KRW close. Source: KRX via FinanceDataReader.
Inscobee provides low-cost mobile phone services, known in Korea as MVNO, or 'virtual' mobile networks that lease capacity from major carriers rather than owning towers, to everyday consumers under its 'Freety' brand.
Beyond telecoms, the company and its subsidiaries distribute watches, cosmetics, health foods, and imported wine, and operate a smart-grid business supplying advanced electricity-metering technology. Listed on KOSPI, Korea's main stock exchange, Inscobee runs its telecom operations across multiple subsidiaries, including a Canadian MVNO venture.
Summary is AI-generated and may contain errors · figures from DART filings
Inscobee's MVNO telecom services operate under partnerships with all three major Korean carriers, LGU+, KT, and SKT, through its parent entity and its subsidiary Freetelecom.
FreeT in five facts
What does FreeT do?
Inscobee provides low-cost mobile phone services, known in Korea as MVNO, or 'virtual' mobile networks that lease capacity from major carriers rather than owning towers, to everyday consumers under its 'Freety' brand.
Where is FreeT listed and in which sector?
FreeT (Korean name: 프리티) trades under KRX code 006490 on KOSPI, the main board of the Korea Exchange. It is classified in the Communication Services sector, Telecom.
How large is FreeT?
Its market capitalisation was US$13.9M on 2026-10-21, which puts it in this site's small-cap group. US$ amounts are converted from won at 1 USD ≈ ₩1,325 (2026-10-21).
What were FreeT's latest annual revenue and operating profit?
For fiscal year 2025, FreeT reported revenue of US$79.7M, operating profit of US$3.1M and a net loss of US$31.5M, per its annual report on DART (data retrieved from DART on 2026-09-08). Revenue was up 5.0% on the previous year.
Where does this data come from?
Financial statements and filings come from DART, Korea's official corporate-filing system. Share prices, market capitalisation and trading status come from KRX. Company summaries are AI-generated from the filings and may contain errors; financial figures are mapped directly from DART.
Data sources and last updated
- Filings and financial statements
- DART (dart.fss.or.kr), Korea's official corporate-filing system
- Prices, market cap, trading status
- KRX (Korea Exchange), via FinanceDataReader
- Latest annual financials
- Fiscal year 2025, data retrieved from DART on 2026-09-08
- Share price and market cap
- Close of 2026-10-21
- Currency
- US$, converted from won at 1 USD ≈ ₩1,325 (2026-10-21 close)
- Company data updated
- 2026-10-21
- Company summary
- AI-generated from filings; may contain errors. Information only, not investment advice.
- [Amended] Material event report (rights offering)
FreeT updated the terms of convertible bonds to raise US$3.01M, about 21.2% of its market value.
Capital raise · Oct 20 · 13 versions - [Amended] Resolution to convene a general shareholders' meetingOct 16
- [Amended] Material event report (capital reduction)Oct 16
- [Amended] Material event report (convertible bonds)
FreeT updated the terms of convertible bonds to raise US$3.83M, about 20.9% of its market value.
Capital raise · Oct 12 · 7 versions - [Amended] Resolution to convene a general shareholders' meetingOct 8
- [Amended] Material event report (capital reduction)Oct 8
- Results of extraordinary shareholders' meetingOct 2
- Shareholder register closure / record date setSep 21
- Resolution to convene a general shareholders' meetingSep 17
- [Amended] Resolution to convene a general shareholders' meetingSep 17
- DisclosureSep 17
- Proxy solicitation reference documentSep 17
- Notice of general shareholders' meetingSep 17
- Material event report (capital reduction)Sep 17
- Change in shares held by the largest shareholderSep 7
- [Amended] Resolution to convene a general shareholders' meetingSep 4
- Results of rights offering or equity-linked bond issuance (voluntary)Capital raise · May 14
- [Amended] Material event report (rights offering)
FreeT updated the terms of a private placement (third-party allotment) to raise US$677K, about 3.8% of its market value.
Capital raise · Apr 16 · 3 versions - Change of largest shareholderOwnership change · Apr 7
- Results of rights offering or equity-linked bond issuance (voluntary)Capital raise · Apr 7
- Material event report (rights offering)
FreeT disclosed a private placement (third-party allotment) to raise US$6.65M, about 38.1% of its market value.
Capital raise · Mar 31 - Change of 30% or more in revenue or profit/loss structure (15% for large companies)
FreeT reported consolidated results for FY2025: revenue of US$73.3M (+4.99% year on year), operating profit of US$2.65M (from a loss a year earlier) and a net loss of US$16.3M (from a profit a year earlier).
Earnings · Feb 13