Ray
Daily close in US$ at the latest USD/KRW close. Source: KRX via FinanceDataReader.
Ray makes digital imaging equipment and software for dental clinics, tools such as dental X-ray machines and facial scanners that help dentists diagnose and plan treatment.
Its products are used by dental professionals, and it is listed on KOSDAQ, South Korea's tech-focused small-cap exchange. According to its filing, Ray is the only domestic company offering a full lineup of digital imaging systems for dentistry, and it has expanded into cloud-based dental software under the Rayteams platform.
Summary is AI-generated and may contain errors · figures from DART filings
Ray operates as a small and venture-certified enterprise under Korean classification, a status that carries specific regulatory and support implications distinct from larger listed peers.
Ray in five facts
What does Ray do?
Ray makes digital imaging equipment and software for dental clinics, tools such as dental X-ray machines and facial scanners that help dentists diagnose and plan treatment.
Where is Ray listed and in which sector?
Ray (Korean name: 레이) trades under KRX code 228670 on KOSDAQ, the Korea Exchange's board for smaller and growth companies. It is classified in the Health Care sector, Medical Devices.
How large is Ray?
Its market capitalisation was US$52.9M on 2026-10-21, which puts it in this site's small-cap group. US$ amounts are converted from won at 1 USD ≈ ₩1,325 (2026-10-21).
What were Ray's latest annual revenue and operating profit?
For fiscal year 2025, Ray reported revenue of US$84M, an operating loss of US$7.4M and net income of US$352.6K, per its annual report on DART (data retrieved from DART on 2026-10-02). Revenue was up 39.4% on the previous year.
Where does this data come from?
Financial statements and filings come from DART, Korea's official corporate-filing system. Share prices, market capitalisation and trading status come from KRX. Company summaries are AI-generated from the filings and may contain errors; financial figures are mapped directly from DART.
Data sources and last updated
- Filings and financial statements
- DART (dart.fss.or.kr), Korea's official corporate-filing system
- Prices, market cap, trading status
- KRX (Korea Exchange), via FinanceDataReader
- Latest annual financials
- Fiscal year 2025, data retrieved from DART on 2026-10-02
- Share price and market cap
- Close of 2026-10-21
- Currency
- US$, 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.
- Early redemption of convertible bonds (incl. overseas CBs)Capital raise · Sep 28
- Report on large shareholdings (5% rule) (standard)Sep 22
- Report on securities held by executives/major shareholdersSep 22
- Report on large shareholdings (5% rule) (standard)Sep 21
- Report on securities held by executives/major shareholdersSep 21
- Report on securities held by executives/major shareholdersSep 21
- Report on large shareholdings (5% rule) (abbreviated)Sep 18
- [Amended] Appointment/dismissal/resignation of an independent directorSep 17
- Appointment/dismissal/resignation of an independent directorSep 17
- [Amended] Change of largest shareholderOwnership change · Sep 16 · 2 versions
- Results of extraordinary shareholders' meetingSep 16
- [Amended] Share transfer agreement that will change the largest shareholder
Ray's controlling stake is now set to change hands from an individual and 1 other to Graphy, in a deal worth US$36.7M.
Ownership change · Sep 9 - [Amended] Resolution to convene a general shareholders' meeting (extraordinary meeting)Sep 1
- Notice of general shareholders' meetingSep 1
- Share-pledge agreement tied to the largest shareholder terminated/cancelled
A previously disclosed share pledge on Ray's largest shareholder (an individual) was released or cancelled, freeing collateral of US$2.16M.
Ownership change · Aug 11 - [Amended] Share transfer agreement that will change the largest shareholder
Ray's controlling stake is now set to change hands from an individual and 1 other to Graphy, in a deal worth US$34.7M.
Ownership change · Aug 10 · 2 versions - [Amended] Share-pledge agreement that may change the largest shareholder
Ray's largest shareholder (an individual) pledged shares as loan collateral, securing up to US$1.99M.
Ownership change · Jul 6 - Early redemption of convertible bonds (incl. overseas CBs)Capital raise · Jun 29
- [Amended] Share-pledge agreement that may change the largest shareholder
Ray's largest shareholder (an individual) pledged shares as loan collateral, securing up to US$1.97M.
Ownership change · Jun 26 - [Amended] Share-pledge agreement that may change the largest shareholder
Ray's largest shareholder (an individual) pledged shares as loan collateral, securing up to US$2.02M.
Ownership change · May 26 - [Attachment amended] Material event report (convertible bonds)Capital raise · May 7
- [Amended] Share-pledge agreement that may change the largest shareholder
Ray's largest shareholder (an individual) pledged shares as loan collateral, securing up to US$2.02M.
Ownership change · Apr 6 - Early redemption of convertible bonds (incl. overseas CBs)Capital raise · Mar 27
- [Amended] Share-pledge agreement that may change the largest shareholder
Ray's largest shareholder (an individual) pledged shares as loan collateral, securing up to US$2.02M.
Ownership change · Mar 27 - [Amended] Share-pledge agreement that may change the largest shareholder
Ray's largest shareholder (an individual) pledged shares as loan collateral, securing up to US$2.02M.
Ownership change · Mar 19 - [Amended] Share-pledge agreement that may change the largest shareholder
Ray's largest shareholder (an individual) pledged shares as loan collateral, securing up to US$2.12M.
Ownership change · Feb 25 - Change of 30% or more in revenue or profit/loss structure (15% for large companies)
Ray reported consolidated results for FY2025: revenue of US$77M (+39.3% year on year), an operating loss of US$6.83M and net income of US$216K (from a loss a year earlier).
Earnings · Feb 12 - [Amended] Share-pledge agreement that may change the largest shareholderOwnership change · Jan 27
- [Amended] Share-pledge agreement that may change the largest shareholderOwnership change · Jan 6
- [Amended] Share-pledge agreement that may change the largest shareholderOwnership change · Jan 2