FreeMs
프리엠스 · 053160
Industrials Electrical Equipment · KOSDAQ
Market cap US$34.7M (₩47.9B)
Overview
FreeMs makes wire harnesses and battery cables, the bundled electrical wiring that carries power and signals through heavy construction equipment and industrial vehicles such as excavators, wheel loaders, and forklifts.
It supplies these components to major Korean equipment manufacturers, sitting in the supply chain as a parts maker to the heavy-machinery industry. Listed on KOSDAQ, Korea's tech and small-cap board, the company earns the large majority of its revenue from wire harnesses, making that product line the clear core of the business.
Summary is AI-generated and may contain errors · figures from DART filings
Financials
Source: DART · FY ending Dec · latest FY2025Revenue
- FY2023US$16.6M
- FY2024US$12.8M
- FY2025US$16.8M
Operating profit
- FY2023−US$8.9K
- FY2024−US$1.7M
- FY2025US$281.3K
Net income
- FY2023US$531.9K
- FY2024−US$1.1M
- FY2025US$651.1K
Key ratios (FY2025)
Why it matters
FreeMs also supplies electronic control units, clusters and microcontroller-based modules, directly to HD현대건설기계 alongside its wiring products, broadening its role beyond pure wiring.
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