SDN

SDN · 099220

Industrials Trading & Distribution · KOSDAQ

Small-cap

Market cap US$44.9M (₩62B)

Overview

SDN runs two distinct businesses: it supplies solar power systems, panels, and inverters for electricity generation, and it distributes outboard motors, small engines mounted on the back of boats, to fishermen, leisure boaters, and government vessel operators.

Its solar division handles the full project lifecycle, from designing and building solar installations to ongoing maintenance, while also producing its own branded panels. Listed on KOSDAQ, Korea's tech and small-cap board, SDN operates both divisions as an integrated solutions provider rather than focusing on a single product.

Summary is AI-generated and may contain errors · figures from DART filings

Financials

Source: DART · FY ending Dec · latest FY2025
Revenue · FY2025
US$63.4M
▲ +3.7% YoY
Operating profit · FY2025
US$336.5K
Turned profitable
Net income · FY2025
−US$1.5M
Loss narrowed

Revenue

  • FY2023US$54.8M
  • FY2024US$61.1M
  • FY2025US$63.4M

Operating profit

  • FY2023−US$5.5M
  • FY2024−US$4.7M
  • FY2025US$336.5K

Net income

  • FY2023−US$6.3M
  • FY2024−US$20.6M
  • FY2025−US$1.5M

Key ratios (FY2025)

ROE
-2.7%
Debt/Eq
103.6%
Op. margin
0.5%
Net margin
-2.3%
Rev. YoY
▲ +3.7%

Why it matters

SDN participates in ODA (official development assistance) solar projects in partnership with KOICA, the Korean government's overseas aid agency, extending its solar business into underserved international markets.

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For informational purposes only. This is not investment advice, a recommendation, or a solicitation to buy or sell any security. Do your own research; any investment decision is your own responsibility.

Data from DART, Korea's official corporate-filing system. Data sourced from official DART filings. Accuracy is not guaranteed. Figures are as of the date shown. As of 2026-06-12 (KST). · FX: 1 USD ≈ ₩1,380 (2026-06-01).

Company summaries are generated and may contain errors; financial figures are mapped directly from official filings.