Avaco
Daily close in US$ at the latest USD/KRW close. Source: KRX via FinanceDataReader.
Avacoco designs and manufactures the specialized industrial machines used to produce flat-panel displays (screens for TVs, monitors, and phones) and rechargeable batteries.
Its customers are manufacturers in the display and battery industries who need precision production equipment. Listed on KOSDAQ, Korea's tech-focused small-cap exchange, the company earns the large majority of its revenue from display-manufacturing equipment, particularly machines for LCD and OLED panels, with battery-manufacturing equipment making up a smaller but distinct share.
Summary is AI-generated and may contain errors · figures from DART filings
Avaco in five facts
What does Avaco do?
Avacoco designs and manufactures the specialized industrial machines used to produce flat-panel displays (screens for TVs, monitors, and phones) and rechargeable batteries.
Where is Avaco listed and in which sector?
Avaco (Korean name: 아바코) trades under KRX code 083930 on KOSDAQ, the Korea Exchange's board for smaller and growth companies. It is classified in the Industrials sector, Machinery.
How large is Avaco?
Its market capitalisation was US$139.2M on 2026-10-21, which puts it in this site's small-cap group. US$ amounts are converted from won at 1 USD ≈ ₩1,325 (2026-10-21).
What were Avaco's latest annual revenue and operating profit?
For fiscal year 2025, Avaco reported revenue of US$296.5M, operating profit of US$26.1M and net income of US$21.6M, per its annual report on DART (data retrieved from DART on 2026-09-17). Revenue was up 28.6% on the previous year.
Where does this data come from?
Financial statements and filings come from DART, Korea's official corporate-filing system. Share prices, market capitalisation and trading status come from KRX. Company summaries are AI-generated from the filings and may contain errors; financial figures are mapped directly from DART.
Data sources and last updated
- Filings and financial statements
- DART (dart.fss.or.kr), Korea's official corporate-filing system
- Prices, market cap, trading status
- KRX (Korea Exchange), via FinanceDataReader
- Latest annual financials
- Fiscal year 2025, data retrieved from DART on 2026-09-17
- Share price and market cap
- Close of 2026-10-21
- Currency
- US$, 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] Supply contract signed (voluntary)
Avaco updated a previously disclosed supply contract with NextStar Energy Inc., now worth US$10.1M, about 6.2% of its recent annual revenue, running through Oct 2027.
Supply contract · Oct 13 - Change of largest shareholder
Avacoco's largest shareholder group changed on August 21, 2026 from Wi Jae-gon and 7 others to Wi Ji-myeong and 8 others (unchanged combined holding of 4,425,058 shares, 30.15%) as Wi Jae-gon gifted 1,467,726 shares equally to Wi Ji-myeong and Wi Geuk-myeong.
Ownership change · Aug 21 - Operating results (preliminary) (fair disclosure)
Avaco filed provisional (unaudited) separate results for Q2 2026: revenue of US$8.41M (−92.5% year on year), an operating loss of US$8.92M (from a profit a year earlier) and a net loss of US$6.32M (from a profit a year earlier).
Earnings · Aug 7 - Operating results (preliminary) (fair disclosure)
Avaco filed provisional (unaudited) separate results for Q1 2026: revenue of US$8.67M (−49.2% year on year), an operating loss of US$2.34M and net income of US$1.36M (from a loss a year earlier).
Earnings · May 4 - [Amended] Cash/in-kind dividend decision
Avaco updated its declared cash dividend of US$0.34 per share, equal to about 3.5% of the recent share price.
Dividend · Apr 24 · 3 versions - Material event report (treasury share disposal)
Avaco disclosed a plan to sell treasury shares worth US$1.24M, about 1.0% of its market value.
Treasury Shares · Apr 3 - Supply contract signedSupply contract · Feb 19
- [Amended] Decision to acquire shares/equity in another company (voluntary)
Avaco updated the disclosed terms of an acquisition of YESOL Corp., now worth US$5.8M.
M&A · Feb 13 - Change of 30% or more in revenue or profit/loss structure (15% for large companies)
Avaco reported consolidated results for FY2025: revenue of US$276M (+30.3% year on year), operating profit of US$24.6M (+68.7% year on year) and net income of US$18.6M (+1.8% year on year).
Earnings · Feb 12 - [Amended] Decision to acquire shares/equity in another company (voluntary)M&A · Jan 30
- [Amended] Supply contract signedSupply contract · Jan 30
- [Attachment added] Decision to acquire shares/equity in another company (voluntary)M&A · Jan 27