Koas
Daily close in US$ at the latest USD/KRW close. Source: KRX via FinanceDataReader.
Koas makes office furniture, desks, chairs, drawers, and cabinets designed to equip workplaces efficiently.
It supplies primarily to corporate offices and government agencies, with schools, hospitals, and military facilities forming a growing part of its customer base. Listed on KOSPI, Korea's main stock exchange, the company operates in a business-to-business market where demand is closely tied to corporate office fit-outs and furniture replacement cycles.
Summary is AI-generated and may contain errors · figures from DART filings
Koas in five facts
What does Koas do?
Koas makes office furniture, desks, chairs, drawers, and cabinets designed to equip workplaces efficiently.
Where is Koas listed and in which sector?
Koas (Korean name: 코아스) trades under KRX code 071950 on KOSPI, the main board of the Korea Exchange. It is classified in the Consumer Discretionary sector, Consumer Durables.
How large is Koas?
Its market capitalisation was US$16.1M on 2026-10-21, which puts it in this site's small-cap group. US$ amounts are converted from won at 1 USD ≈ ₩1,325 (2026-10-21).
What were Koas's latest annual revenue and operating profit?
For fiscal year 2025, Koas reported revenue of US$47M, an operating loss of US$4.3M and a net loss of US$23.7M, per its annual report on DART (data retrieved from DART on 2026-09-17). Revenue was down 20.2% on the previous year.
Where does this data come from?
Financial statements and filings come from DART, Korea's official corporate-filing system. Share prices, market capitalisation and trading status come from KRX. Company summaries are AI-generated from the filings and may contain errors; financial figures are mapped directly from DART.
Data sources and last updated
- Filings and financial statements
- DART (dart.fss.or.kr), Korea's official corporate-filing system
- Prices, market cap, trading status
- KRX (Korea Exchange), via FinanceDataReader
- Latest annual financials
- Fiscal year 2025, data retrieved from DART on 2026-09-17
- Share price and market cap
- Close of 2026-10-21
- Currency
- US$, 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.
- [Amended] Material event report (convertible bonds)
Koas updated the terms of convertible bonds to raise US$1.89M, about 11.6% of its market value.
Capital raise · Oct 21 - Report on securities held by executives/major shareholdersOct 21
- Report on large shareholdings (5% rule) (abbreviated)Oct 21
- [Amended] Half-year report (2026.06)Oct 21
- DisclosureOct 20
- [Amended] DisclosureOct 16
- Proxy solicitation reference documentOct 14
- Notice of general shareholders' meetingOct 14
- [Amended] Material management matter relevant to investment decisionsOct 13
- [Amended] Decision to acquire shares/equity in another company
Koas updated the disclosed terms of an acquisition of Novelty Nobility Co., Ltd., now worth US$11.3M.
M&A · Oct 13 - Report on securities held by executives/major shareholdersOct 7
- [Amended] DisclosureSep 29
- DisclosureSep 21
- [Amended] Material event report (decision to sell own convertible bonds)Capital raise · Sep 21 · 4 versions
- [Amended] Material event reportCapital raise · Sep 21 · 4 versions
- [Amended] Material event reportCapital raise · Sep 21 · 2 versions
- [Amended] Material event report (decision to redeem own convertible bonds early)Capital raise · Sep 21 · 2 versions
- Report on large shareholdings (5% rule) (abbreviated)Sep 17
- Resolution to convene a general shareholders' meetingSep 15
- Shareholder register closure / record date setSep 15
- Supply contract signedSupply contract · Sep 11
- DisclosureSep 10
- Change in shares held by the largest shareholderSep 4
- Change of CEO (notice)Sep 4
- Results of extraordinary shareholders' meetingSep 4
- Report on large shareholdings (5% rule) (standard)Sep 4
- Appointment/dismissal/resignation of an independent directorSep 4
- Material event report (decision to redeem own convertible bonds early)
Koas Co., Ltd. decided to acquire before maturity US$3.8K of the face amount of its Series 7 privately placed convertible bond for US$3.8K by agreement with the bondholder, to be retired after acquisition, leaving a remaining face balance of US$288K.
Capital raise · Aug 19 - Material event report (decision to redeem own convertible bonds early)
Koas decided to acquire US$63.5K in face value of its own 7th series convertible bonds before maturity following a bondholder's put option exercise, leaving a remaining balance of US$286K for retirement.
Capital raise · Aug 13 - Material event report (decision to redeem own convertible bonds early)
Koas decided to acquire the entire remaining US$106K face value of its own 5th series convertible bonds before maturity following a bondholder's put option exercise, reducing the balance to zero for retirement.
Capital raise · Aug 13 - Material event report
Koas decided to acquire US$5.86K in face value of its own 4th series non-separable bonds with warrants before maturity following a bondholder's put option exercise, leaving a remaining balance of US$275K.
Capital raise · Aug 13 - Results of rights offering or equity-linked bond issuance (voluntary)
Koas Corporation completed a third-party-placement rights offering on July 22, 2026, issuing 2,000,000 common shares for US$2.72M, matching the amount planned when the board first resolved the offering on January 15, 2026; the new shares are expected to list on August 5, 2026.
Capital raise · Jul 22 - [Amended] Material event report (convertible bonds)
Koas updated the terms of convertible bonds to raise US$1.7M, about 11.2% of its market value.
Capital raise · Jul 22 - [Amended] Material event report (rights offering)
Koas updated the terms of a private placement (third-party allotment) to raise US$2.71M, about 17.9% of its market value.
Capital raise · Jul 21 · 6 versions - [Amended] Material event report (convertible bonds)
Koas updated the terms of convertible bonds to raise US$1.62M, about 11.2% of its market value.
Capital raise · Jun 25 - Material event report (decision to redeem own convertible bonds early)Capital raise · Jun 10
- Material event report (decision to redeem own convertible bonds early)Capital raise · Jun 10
- Material event reportCapital raise · Jun 10
- [Amended] Material event report (convertible bonds)
Koas updated the terms of convertible bonds to raise US$1.68M, about 11.2% of its market value.
Capital raise · May 28 - [Amended] Decision to acquire shares/equity in another company
Koas updated the disclosed terms of an acquisition of Novelty Nobility Co., Ltd., now worth US$10M.
M&A · May 14