Waps
Daily close in US$ at the latest USD/KRW close. Source: KRX via FinanceDataReader.
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
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.
Waps in five facts
What does Waps do?
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.
Where is Waps listed and in which sector?
Waps (Korean name: 웹스) trades under KRX code 196700 on KOSDAQ, the Korea Exchange's board for smaller and growth companies. It is classified in the Materials sector, Chemicals.
How large is Waps?
Its market capitalisation was US$12.8M on 2026-10-21, which puts it in this site's small-cap group. US$ amounts are converted from won at 1 USD ≈ ₩1,325 (2026-10-21).
What were Waps's latest annual revenue and operating profit?
For fiscal year 2025, Waps reported revenue of US$32.6M, operating profit of US$4.2M and net income of US$3.1M, per its annual report on DART (data retrieved from DART on 2026-09-17). Revenue was up 26.7% on the previous year.
Where does this data come from?
Financial statements and filings come from DART, Korea's official corporate-filing system. Share prices, market capitalisation and trading status come from KRX. Company summaries are AI-generated from the filings and may contain errors; financial figures are mapped directly from DART.
Data sources and last updated
- Filings and financial statements
- DART (dart.fss.or.kr), Korea's official corporate-filing system
- Prices, market cap, trading status
- KRX (Korea Exchange), via FinanceDataReader
- Latest annual financials
- Fiscal year 2025, data retrieved from DART on 2026-09-17
- Share price and market cap
- Close of 2026-10-21
- Currency
- US$, 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.
- Treasury share acquisition via trust: status reportOct 14
- Change of 30% or more in revenue or profit/loss structure (15% for large companies)
Waps reported consolidated results for FY2025: revenue of US$29.9M (+26.77% year on year), operating profit of US$4.09M (+91% year on year) and net income of US$3.04M (+267.08% year on year).
Earnings · Feb 23