Global Tax Free

글로벌텍스프리 · 204620

Financials Diversified Financials · KOSDAQ

Small-cap

Market cap US$227.1M (₩313.5B)

Overview

Global Tax Free handles VAT refunds on behalf of foreign tourists shopping in South Korea, processing the paperwork and payments so visitors can reclaim the domestic tax they paid on purchases without dealing directly with the national tax authority.

Tourists use the company's refund counters at airports, seaports, and city-centre locations, as well as self-service kiosks installed in major shopping venues. The company earns revenue by retaining a set percentage of each refund it processes as a service fee. It is listed on KOSDAQ, South Korea's tech and small-cap exchange.

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

Financials

Source: DART · FY ending Dec · latest FY2025
Revenue · FY2025
US$111.6M
▲ +18.8% YoY
Operating profit · FY2025
US$21M
▲ +33.1% YoY
Net income · FY2025
US$25.7M
▲ +467.2% YoY

Revenue

  • FY2023US$67.7M
  • FY2024US$94M
  • FY2025US$111.6M

Operating profit

  • FY2023US$10.7M
  • FY2024US$15.8M
  • FY2025US$21M

Net income

  • FY2023−US$5.8M
  • FY2024US$4.5M
  • FY2025US$25.7M

Key ratios (FY2025)

ROE
25.4%
Debt/Eq
31.6%
Op. margin
18.8%
Net margin
23.0%
Rev. YoY
▲ +18.8%

Why it matters

The filing describes the company as the first tax-refund agency of its kind established in Asia, operating under a South Korean government framework designed to attract inbound tourism.

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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.