Initech
Daily close in US$ at the latest USD/KRW close. Source: KRX via FinanceDataReader.
Initech provides software and IT services, supplying digital security and authentication solutions used primarily by financial institutions and enterprises in Korea.
The company is listed on KOSDAQ, South Korea's technology and small-cap stock exchange. Because the filing text does not detail its product lines beyond a table of contents, its precise product mix cannot be described further.
Summary is AI-generated and may contain errors · figures from DART filings
Initech in five facts
What does Initech do?
Initech provides software and IT services, supplying digital security and authentication solutions used primarily by financial institutions and enterprises in Korea.
Where is Initech listed and in which sector?
Initech (Korean name: 이니텍) trades under KRX code 053350 on KOSDAQ, the Korea Exchange's board for smaller and growth companies. It is classified in the Information Technology sector, Software.
How large is Initech?
Its market capitalisation was US$89.8M on 2026-10-21, which puts it in this site's small-cap group. US$ amounts are converted from won at 1 USD ≈ ₩1,325 (2026-10-21).
What were Initech's latest annual revenue and operating profit?
For fiscal year 2025, Initech reported revenue of US$24.8M, an operating loss of US$1.8M and net income of US$2.1M, per its annual report on DART (data retrieved from DART on 2026-09-05). Revenue was down 15.6% on the previous year.
Where does this data come from?
Financial statements and filings come from DART, Korea's official corporate-filing system. Share prices, market capitalisation and trading status come from KRX. Company summaries are AI-generated from the filings and may contain errors; financial figures are mapped directly from DART.
Data sources and last updated
- Filings and financial statements
- DART (dart.fss.or.kr), Korea's official corporate-filing system
- Prices, market cap, trading status
- KRX (Korea Exchange), via FinanceDataReader
- Latest annual financials
- Fiscal year 2025, data retrieved from DART on 2026-09-05
- Share price and market cap
- Close of 2026-10-21
- Currency
- US$, 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.
- [Amended] Share-pledge agreement that may change the largest shareholder
Initech's largest shareholder (a company) pledged shares as loan collateral, securing up to US$29.4M.
Ownership change · Oct 15 - Report on large shareholdings (5% rule) (standard)Oct 15
- [Amended] Resolution to convene a general shareholders' meetingSep 16
- Supply contract signed (voluntary)
Initech disclosed a supply contract with Samsung SDS, worth US$2.4M, about 9.24% of its recent annual revenue, running through Mar 2027.
Supply contract · Mar 25 - Supply contract signed
Initech disclosed a supply contract with Samsung SDS, worth US$2.87M, about 10.97% of its recent annual revenue, running through May 2027.
Supply contract · Mar 24 - [Amended] Share-pledge agreement that may change the largest shareholder
Initech's largest shareholder (a company) pledged shares as loan collateral, securing up to US$27M.
Ownership change · Feb 11 - Change of largest shareholder of the nominee entity that is the largest shareholderOwnership change · Feb 9
- Change of 30% or more in revenue or profit/loss structure (15% for large companies)
Initech reported consolidated results for FY2025: revenue of US$22.5M (−15.63% year on year), an operating loss of US$1.59M (from a profit a year earlier) and net income of US$1.99M (+23.92% year on year).
Earnings · Feb 5 - Rights offering (paid-in capital increase) decision (subsidiary)Capital raise · Jan 21
- Decision to acquire shares/equity in another companyM&A · Jan 21