Alpha AI
Daily close in US$ at the latest USD/KRW close. Source: KRX via FinanceDataReader.
Alpha AI makes metal implants, such as spinal fixation devices, fracture-repair hardware, and artificial knee joints, as well as surgical instruments used in hospitals.
Its products are supplied to medical institutions in South Korea, where the company competes against both domestic manufacturers and multinational device makers. Listed on KOSDAQ, South Korea's tech and small-cap board, the company's core business is its medical division, which focuses on high-value implants designed to fit Korean body proportions.
Summary is AI-generated and may contain errors · figures from DART filings
The company has expanded its business scope to include real estate, completing membership enrollment for a cooperative-type long-term private rental housing project with Ungchon Gokcheon Cooperative.
Alpha AI in five facts
What does Alpha AI do?
Alpha AI makes metal implants, such as spinal fixation devices, fracture-repair hardware, and artificial knee joints, as well as surgical instruments used in hospitals.
Where is Alpha AI listed and in which sector?
Alpha AI (Korean name: 알파AI) trades under KRX code 043100 on KOSDAQ, the Korea Exchange's board for smaller and growth companies. It is classified in the Health Care sector, Medical Devices.
How large is Alpha AI?
Its market capitalisation was US$7.9M on 2026-10-21, which puts it in this site's small-cap group. US$ amounts are converted from won at 1 USD ≈ ₩1,325 (2026-10-21).
What were Alpha AI's latest annual revenue and operating profit?
For fiscal year 2025, Alpha AI reported revenue of US$12.7M, an operating loss of US$4.3M and a net loss of US$4.8M, per its annual report on DART (data retrieved from DART on 2026-09-08). Revenue was down 37.2% on the previous year.
Where does this data come from?
Financial statements and filings come from DART, Korea's official corporate-filing system. Share prices, market capitalisation and trading status come from KRX. Company summaries are AI-generated from the filings and may contain errors; financial figures are mapped directly from DART.
Data sources and last updated
- Filings and financial statements
- DART (dart.fss.or.kr), Korea's official corporate-filing system
- Prices, market cap, trading status
- KRX (Korea Exchange), via FinanceDataReader
- Latest annual financials
- Fiscal year 2025, data retrieved from DART on 2026-09-08
- Share price and market cap
- Close of 2026-10-21
- Currency
- US$, 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.
- DisclosureOct 21
- Other market noticeOct 21
- DisclosureOct 21
- [Amended] DisclosureOct 14
- DisclosureSep 18
- [Amended] Decision to acquire shares/equity in another company
Alpha AI Co., Ltd. amended its January 27, 2026 disclosure on acquiring 2,500,000 shares (a 7.33% stake, for US$3.6M) of NGW Co., Ltd., withdrawing the acquisition after withdrawing the related in-kind payment via its 19th-series convertible bonds; all previously disclosed details on the issuer, acquisition amount and resulting stake are replaced with blanks ("-").
M&A · Aug 20 - Disclosure
Alpha AI Co., Ltd. withdrew its January 27, 2026 decisions to issue US$2.52M of 18th-series and US$3.6M of 19th-series privately placed convertible bonds, and withdrew the related decision to acquire shares of NGW Co., Ltd. for US$3.6M paid in kind via the 19th-series bonds, citing the prospective subscribers' failure to perform their agreed obligations.
M&A · Aug 20 - [Amended] Material event report (convertible bonds)
Alpha AI Co., Ltd. withdrew its January 27, 2026 decision to issue 19th-series privately placed convertible bonds due to the prospective subscriber's failure to perform its agreed obligations; all previously disclosed terms, including amount, interest rate, conversion terms and use of proceeds, are now shown as blank ("-").
Capital raise · Aug 20 - [Amended] Material event report (convertible bonds)
Alpha AI Co., Ltd. withdrew its January 27, 2026 decision to issue 18th-series privately placed convertible bonds due to the prospective subscriber's failure to perform its agreed obligations; all previously disclosed terms, including amount, interest rate, conversion terms and use of proceeds, are now shown as blank ("-").
Capital raise · Aug 20 - [Amended] Decision to acquire shares/equity in another company
Alpha AI updated the disclosed terms of an acquisition of NGW Co., Ltd., now worth US$3.23M.
M&A · Jun 30 - [Amended] Material event report (convertible bonds)
Alpha AI updated the terms of convertible bonds to raise US$3.23M, about 47.8% of its market value.
Capital raise · Jun 30 - [Amended] Material event report (convertible bonds)
Alpha AI updated the terms of convertible bonds to raise US$2.26M, about 33.5% of its market value.
Capital raise · Jun 30 - [Amended] Decision to acquire shares/equity in another company
Alpha AI updated the disclosed terms of an acquisition of NGW Co., Ltd., now worth US$3.24M.
M&A · Jun 24 - [Amended] Material event report (convertible bonds)
Alpha AI updated the terms of convertible bonds to raise US$3.24M, about 47.8% of its market value.
Capital raise · Jun 24 - [Amended] Material event report (convertible bonds)
Alpha AI updated the terms of convertible bonds to raise US$2.27M, about 33.5% of its market value.
Capital raise · Jun 24 - [Amended] Material event report (convertible bonds)
Alpha AI updated the terms of convertible bonds to raise US$3.4M, about 47.8% of its market value.
Capital raise · Apr 28 - [Amended] Material event report (convertible bonds)
Alpha AI updated the terms of convertible bonds to raise US$2.38M, about 33.5% of its market value.
Capital raise · Apr 28 - [Amended] Decision to acquire shares/equity in another company
Alpha AI updated the disclosed terms of an acquisition of NGW Co., Ltd., now worth US$3.39M.
M&A · Apr 27 - [Amended] Decision to acquire shares/equity in another company
Alpha AI updated the disclosed terms of an acquisition of NGW Co., Ltd., now worth US$3.34M.
M&A · Mar 25 - [Amended] Material event report (convertible bonds)
Alpha AI updated the terms of convertible bonds to raise US$3.34M, about 47.8% of its market value.
Capital raise · Mar 25 - [Amended] Material event report (convertible bonds)
Alpha AI updated the terms of convertible bonds to raise US$2.34M, about 33.5% of its market value.
Capital raise · Mar 25 - Change of 30% or more in revenue or profit/loss structure (15% for large companies)
Alpha AI reported consolidated results for FY2025: revenue of US$11.2M (−37.2% year on year), an operating loss of US$3.33M and a net loss of US$5.05M.
Earnings · Mar 16 - [Amended] Decision to acquire shares/equity in another company
Alpha AI updated the disclosed terms of an acquisition of NGW Co., Ltd., now worth US$3.5M.
M&A · Feb 26 - [Amended] Material event report (convertible bonds)
Alpha AI updated the terms of convertible bonds to raise US$3.5M, about 47.8% of its market value.
Capital raise · Feb 26 - [Amended] Material event report (convertible bonds)
Alpha AI updated the terms of convertible bonds to raise US$2.45M, about 33.5% of its market value.
Capital raise · Feb 26 - [Amended] Material event report (convertible bonds)
Alpha AI updated the terms of convertible bonds to raise US$4.56M, about 63.1% of its market value.
Capital raise · Feb 4 - [Attachment amended] Material event report (convertible bonds)Capital raise · Jan 30
- [Amended] Material event report (convertible bonds)Capital raise · Jan 30
- Decision to acquire shares/equity in another companyM&A · Jan 27
- Decision to acquire shares/equity in another companyM&A · Jan 27
- Material event report (convertible bonds)Capital raise · Jan 27
- Material event report (convertible bonds)Capital raise · Jan 27
- [Amended] Material event report (convertible bonds)Capital raise · Jan 27
- [Amended] Material event report (convertible bonds)Capital raise · Jan 15