Prove it
프로브잇 · 227100
Real Estate Real Estate · KOSDAQ
Market cap US$10.7M (₩14.8B)
Overview
Prove it, listed on KOSDAQ (Korea's tech and small-cap exchange), operates two main lines of business: distributing batteries and electronic devices, and distributing Korean red-ginseng health supplements overseas.
The health-supplement side targets overseas consumers, using product placement in Korean dramas and films as a marketing channel. The company is also conducting early-stage research into quantum battery technology, which it acknowledges requires substantial long-term investment with uncertain outcomes.
Summary is AI-generated and may contain errors · figures from DART filings
Financials
Source: DART · FY ending Dec · latest FY2024Revenue
- FY2023US$132.1M
- FY2024US$48.5M
Operating profit
- FY2023−US$4.9M
- FY2024−US$25M
Net income
- FY2023−US$23.9M
- FY2024−US$23.3M
Key ratios (FY2024)
Why it matters
Several former subsidiaries, including a content-production unit, a real-estate agency, and a bio-health developer, were either divested or removed from consolidation during the reporting period, significantly narrowing the group's scope.
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