Daebo Magnetic
Daily close in US$ at the latest USD/KRW close. Source: KRX via FinanceDataReader.
Daebo Magnetic makes electromagnet-based iron-removal machines and magnetic sorting equipment, devices that pull metal contaminants out of industrial materials during production.
Its primary customers are in the rechargeable battery supply chain, where clean, uncontaminated materials are critical. Listed on KOSDAQ, Korea's tech and small-cap board, the company earns nearly all of its revenue from its equipment division, with a small contract-processing segment handling battery-material work.
Summary is AI-generated and may contain errors · figures from DART filings
Daebo Magnetic operates two wholly owned overseas subsidiaries, one in China and one in the United States, both focused on battery equipment sales.
Daebo Magnetic in five facts
What does Daebo Magnetic do?
Daebo Magnetic makes electromagnet-based iron-removal machines and magnetic sorting equipment, devices that pull metal contaminants out of industrial materials during production.
Where is Daebo Magnetic listed and in which sector?
Daebo Magnetic (Korean name: 대보마그네틱) trades under KRX code 290670 on KOSDAQ, the Korea Exchange's board for smaller and growth companies. It is classified in the Industrials sector, Electrical Equipment.
How large is Daebo Magnetic?
Its market capitalisation was US$31.4M on 2026-10-21, which puts it in this site's small-cap group. US$ amounts are converted from won at 1 USD ≈ ₩1,325 (2026-10-21).
What were Daebo Magnetic's latest annual revenue and operating profit?
For fiscal year 2025, Daebo Magnetic reported revenue of US$19.7M, an operating loss of US$7.9M and a net loss of US$26.8M, per its annual report on DART (data retrieved from DART on 2026-06-03). Revenue was down 7.9% on the previous year.
Where does this data come from?
Financial statements and filings come from DART, Korea's official corporate-filing system. Share prices, market capitalisation and trading status come from KRX. Company summaries are AI-generated from the filings and may contain errors; financial figures are mapped directly from DART.
Data sources and last updated
- Filings and financial statements
- DART (dart.fss.or.kr), Korea's official corporate-filing system
- Prices, market cap, trading status
- KRX (Korea Exchange), via FinanceDataReader
- Latest annual financials
- Fiscal year 2025, data retrieved from DART on 2026-06-03
- Share price and market cap
- Close of 2026-10-21
- Currency
- US$, 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.
- [Amended] Change of 30% or more in revenue or profit/loss structure (15% for large companies)
Daebo Magnetic updated its previously filed consolidated results for FY2025: revenue of US$17.4M (−7.9% year on year), an operating loss of US$6.95M and a net loss of US$23.6M.
Earnings · Mar 16 - Change of 30% or more in revenue or profit/loss structure (15% for large companies)
Daebo Magnetic reported consolidated results for FY2025: revenue of US$17.9M (−8.4% year on year), an operating loss of US$4.9M and a net loss of US$22.1M.
Earnings · Feb 11