Waps
웹스 · 196700
Materials Chemicals · KOSDAQ
Market cap US$14.5M (₩20B)
Overview
Waps makes specialty polymer materials used inside golf balls, specifically the mantle and cover layers that give a ball its resilience and durability, as well as separator materials for lithium-ion batteries, synthetic-leather and interior materials for automobiles, and composite cladding panels for building exteriors.
Its golf-ball materials are supplied to major global golf-equipment brands, while its other product lines serve the automotive and construction industries. Listed on KOSDAQ, Korea's tech and small-cap board, the company operates production facilities domestically and through an overseas manufacturing subsidiary in Vietnam.
Summary is AI-generated and may contain errors · figures from DART filings
Financials
Source: DART · FY ending Dec · latest FY2025Revenue
- FY2023US$26.3M
- FY2024US$24.7M
- FY2025US$31.3M
Operating profit
- FY2023US$1.9M
- FY2024US$2.2M
- FY2025US$4M
Net income
- FY2023US$725.3K
- FY2024US$866.8K
- FY2025US$3M
Key ratios (FY2025)
Why it matters
Waps has its headquarters and research centre in Busan and runs domestic factories in Cheongju and Yangsan, giving it a geographically distributed Korean production base.
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