Silicon 2
실리콘투 · 257720
Industrials Trading & Distribution · KOSDAQ
Market cap US$1.7B (₩2.3T)
Overview
Silicon 2 distributes Korean beauty (K-Beauty) products to consumers and retailers worldwide through its own e-commerce platform, StyleKorean.com, which serves shoppers in a very large number of countries, as well as through a separate wholesale channel that supplies global distributors, retailers, and online platforms.
It is listed on KOSDAQ, South Korea's tech and small-cap stock exchange. The business operates both a direct-to-consumer retail channel and a business-to-business wholesale channel from a single integrated platform, supported by a large, automated warehouse that uses self-guided robotic vehicles for order fulfilment and inventory management.
Summary is AI-generated and may contain errors · figures from DART filings
Financials
Source: DART · FY ending Dec · latest FY2025Revenue
- FY2023US$248.4M
- FY2024US$501.1M
- FY2025US$808.9M
Operating profit
- FY2023US$34.6M
- FY2024US$99.7M
- FY2025US$148.8M
Net income
- FY2023US$27.5M
- FY2024US$87.5M
- FY2025US$122.2M
Key ratios (FY2025)
Why it matters
Beyond distribution, Silicon 2 also takes equity stakes in and incubates smaller indie K-Beauty brands seeking international expansion, acting as a launch partner rather than a pure logistics provider.
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