HLB innoVation
Daily close in US$ at the latest USD/KRW close. Source: KRX via FinanceDataReader.
HLB innoVation is listed on KOSDAQ and classified under Information Technology, Components. Its market value is US$438M. In FY2025 it reported revenue of US$24.4M and an operating loss of US$28.3M.
A written company profile is not available yet; the facts above come from exchange and DART data.
HLB innoVation in five facts
Where is HLB innoVation listed and in which sector?
HLB innoVation (Korean name: HLB이노베이션) trades under KRX code 024850 on KOSDAQ, the Korea Exchange's board for smaller and growth companies. It is classified in the Information Technology sector, Components.
How large is HLB innoVation?
Its market capitalisation was US$438M on 2026-10-21, which puts it in this site's small-cap group. US$ amounts are converted from won at 1 USD ≈ ₩1,325 (2026-10-21).
What were HLB innoVation's latest annual revenue and operating profit?
For fiscal year 2025, HLB innoVation reported revenue of US$24.4M, an operating loss of US$28.3M and a net loss of US$25.4M, per its annual report on DART (data retrieved from DART on 2026-06-04). Revenue was up 27.2% on the previous year.
Where does this data come from?
Financial statements and filings come from DART, Korea's official corporate-filing system. Share prices, market capitalisation and trading status come from KRX. Company summaries are AI-generated from the filings and may contain errors; financial figures are mapped directly from DART.
Data sources and last updated
- Filings and financial statements
- DART (dart.fss.or.kr), Korea's official corporate-filing system
- Prices, market cap, trading status
- KRX (Korea Exchange), via FinanceDataReader
- Latest annual financials
- Fiscal year 2025, data retrieved from DART on 2026-06-04
- Share price and market cap
- Close of 2026-10-21
- Currency
- US$, 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.
- Conversion price adjustmentOct 21
- Investor relations (IR) meetingOct 12
- Report on large shareholdings (5% rule) (standard)Oct 2
- Report on large shareholdings (5% rule) (standard)Sep 17
- DisclosureSep 8
- Report on securities held by executives/major shareholdersSep 8
- Securities issuance results (voluntary)Sep 7
- Completion report on merger, etc. (asset transfer)
HLB innoVation reports completion, on 2026-09-04, of its acquisition of 34,227,742 HLB Cell common shares (99.3% stake) from HLB Life Science Co., Ltd. for US$26.7M, with the US$26M balance paid on the closing date following an earlier US$738K down payment.
M&A · Sep 4 - Report on large shareholdings (5% rule) (standard)Sep 4
- Material event report (rights offering)
HLB innoVation disclosed a private placement (third-party allotment) to raise US$26.1M, about 5.8% of its market value.
Capital raise · Aug 28 - [Amended] Material event report (equity acquisition)
HLB innoVation amended its August 26, 2026 disclosure of its decision to acquire a 99.30% stake (34,227,742 shares) in HLB Cell from HLB Life Science for US$26.3M, correcting the equity figure used for the acquisition's materiality ratio from US$184M (14.24% of equity) to US$189M (13.91% of equity).
M&A · Aug 27 - Material event report (equity acquisition)
HLB innoVation decided to acquire a 99.30% stake (34,227,742 shares) in HLB Cell from HLB Life Science for US$26.3M (13.49% of total assets, originally stated as 14.24% of equity before a later correction to 13.91%), with payment due September 4, 2026 and board approval on August 26, 2026.
M&A · Aug 27 - [Amended] Decision to acquire shares/equity in another company
HLB innoVation updated the disclosed terms of an acquisition of VERISMO THERAPEUTICS, INC., now worth US$29.3M.
M&A · Aug 13 · 3 versions - Material event report (convertible bonds)
HLB innoVation disclosed convertible bonds to raise US$28M, about 6.6% of its market value.
Capital raise · May 6 - Trading suspension (share consolidation/split registration)M&A · Apr 1
- Change of 30% or more in revenue or profit/loss structure (15% for large companies)
HLB innoVation reported consolidated results for FY2025: revenue of US$22.1M (+27% year on year), an operating loss of US$25.9M and a net loss of US$26.1M.
Earnings · Feb 5