FreeMs
Daily close in US$ at the latest USD/KRW close. Source: KRX via FinanceDataReader.
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
FreeMs also supplies electronic control units, clusters and microcontroller-based modules, directly to HD Hyundai Construction Equipment alongside its wiring products, broadening its role beyond pure wiring.
FreeMs in five facts
What does FreeMs do?
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.
Where is FreeMs listed and in which sector?
FreeMs (Korean name: 프리엠스) trades under KRX code 053160 on KOSDAQ, the Korea Exchange's board for smaller and growth companies. It is classified in the Industrials sector, Electrical Equipment.
How large is FreeMs?
Its market capitalisation was US$39.6M on 2026-10-21, which puts it in this site's small-cap group. US$ amounts are converted from won at 1 USD ≈ ₩1,325 (2026-10-21).
What were FreeMs's latest annual revenue and operating profit?
For fiscal year 2025, FreeMs reported revenue of US$17.5M, operating profit of US$293K and net income of US$678.2K, per its annual report on DART (data retrieved from DART on 2026-09-17). Revenue was up 30.8% on the previous year.
Where does this data come from?
Financial statements and filings come from DART, Korea's official corporate-filing system. Share prices, market capitalisation and trading status come from KRX. Company summaries are AI-generated from the filings and may contain errors; financial figures are mapped directly from DART.
Data sources and last updated
- Filings and financial statements
- DART (dart.fss.or.kr), Korea's official corporate-filing system
- Prices, market cap, trading status
- KRX (Korea Exchange), via FinanceDataReader
- Latest annual financials
- Fiscal year 2025, data retrieved from DART on 2026-09-17
- Share price and market cap
- Close of 2026-10-21
- Currency
- US$, 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.
- Treasury share acquisition: results reportTreasury Shares · Sep 17
- Material event report (treasury share acquisition)
FreeMs disclosed a plan to buy back its own shares worth US$3.3M, about 9.5% of its market value.
Treasury Shares · Jun 15 - Treasury share acquisition: results reportTreasury Shares · Jun 11
- Material event report (treasury share acquisition)
FreeMs disclosed a plan to buy back its own shares worth US$3.33M, about 9.5% of its market value.
Treasury Shares · Mar 31 - Treasury share acquisition: results reportTreasury Shares · Mar 27
- Material event report (treasury share acquisition)
FreeMs disclosed a plan to buy back its own shares worth US$1.39M, about 3.8% of its market value.
Treasury Shares · Feb 25 - Cash/in-kind dividend decision
FreeMs declared a cash dividend of US$0.09 per share.
Dividend · Feb 11 - Change of 30% or more in revenue or profit/loss structure (15% for large companies)
FreeMs reported consolidated results for FY2025: revenue of US$15.9M (+30.7% year on year), operating profit of US$267K (from a loss a year earlier) and net income of US$692K (from a loss a year earlier).
Earnings · Feb 11