RingNet

링네트 · 042500

Information Technology IT Services · KOSDAQ

Small-cap

Market cap US$69.5M (₩95.9B)

Overview

RingNet designs and delivers corporate IT infrastructure solutions, combining networking, cloud connectivity, cybersecurity, and data-centre integration into a unified managed service for business clients.

It serves organisations looking to modernise their IT environments, sitting between global technology vendors and end-user enterprises in the supply chain. Listed on KOSDAQ, Korea's tech-focused small-cap exchange, the company has moved away from straightforward hardware resale toward an integrated platform model that bundles intelligent networking with security services.

Summary is AI-generated and may contain errors · figures from DART filings

Financials

Source: DART · FY ending Dec · latest FY2025

Revenue · FY2025

US$132.7M

▲ +11.7% YoY

Operating profit · FY2025

US$10.4M

▲ +4.5% YoY

Net income · FY2025

US$7.9M

▼ −15.2% YoY

Revenue, operating profit and net income by fiscal year (USD; KRW in parentheses).
Metric	FY2023	FY2024	FY2025
Revenue	US$157.8M(₩217.7B)	US$118.8M(₩163.9B)	US$132.7M(₩183.1B)
Operating profit	US$11.8M(₩16.3B)	US$9.9M(₩13.7B)	US$10.4M(₩14.3B)
Net income	US$9.3M(₩12.8B)	US$9.3M(₩12.9B)	US$7.9M(₩10.9B)

Revenue

FY2023US$157.8M
FY2024US$118.8M
FY2025US$132.7M

Operating profit

FY2023US$11.8M
FY2024US$9.9M
FY2025US$10.4M

Net income

FY2023US$9.3M
FY2024US$9.3M
FY2025US$7.9M

Key ratios (FY2025)

ROE

9.2%

Debt/Eq

41.3%

Op. margin

7.8%

Net margin

6.0%

Rev. YoY

▲ +11.7%

Why it matters

RingNet holds a strategic partnership with Cisco, which it describes as its primary global technology alliance, underpinning its network and security platform offerings.

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