What the company does
Irem makes two main products: stainless steel tubes used in construction, shipbuilding, automotive, and energy industries, and integrated deck plates, factory-assembled steel floor panels that replace traditional timber formwork in concrete building construction.
Its customers span a broad range of industrial and construction sectors. Listed on KOSDAQ, Korea's tech and small-cap board, the company operates two distinct product lines, steel tubes and construction floor systems, rather than concentrating on a single business.
Summary is AI-generated and may contain errors · figures from DART filings
Financials
Source: DART · FY ending Dec · latest FY2025Revenue · FY2025
US$66.7M
▼ −16.2% YoY
Operating profit · FY2025
−US$10.1M
Loss widened
Net income · FY2025
−US$12.2M
Loss widened
Revenue
- FY2023US$55.6M
- FY2024US$79.6M
- FY2025US$66.7M
Operating profit
- FY2023US$709.6K
- FY2024−US$3.4M
- FY2025−US$10.1M
Net income
- FY2023US$69.1K
- FY2024−US$10.8M
- FY2025−US$12.2M
Key ratios (FY2025)
ROE
-42.3%
Debt/Eq
151.6%
Op. margin
-15.1%
Net margin
-18.3%
Rev. YoY
▼ −16.2%
Filings
All disclosures · English when translatedPrice charts coming soon
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