Innoax
Daily close in US$ at the latest USD/KRW close. Source: KRX via FinanceDataReader.
Innoax develops and supplies low-code business-automation software that lets companies build and manage IT systems with minimal hand-written programming code, making complex business logic accessible even to non-technical staff.
Its customers span financial services, manufacturing, public-sector bodies, distribution, healthcare, and education. Listed on KOSDAQ, Korea's tech-focused small-cap board, the company operates a wholly owned Japanese subsidiary through which it serves clients in Japan alongside its domestic Korean business.
Summary is AI-generated and may contain errors · figures from DART filings
Innoax established a fully owned Japanese subsidiary to pursue overseas expansion, and has entered a strategic investment agreement with a Japanese corporate partner.
Innoax in five facts
What does Innoax do?
Innoax develops and supplies low-code business-automation software that lets companies build and manage IT systems with minimal hand-written programming code, making complex business logic accessible even to non-technical staff.
Where is Innoax listed and in which sector?
Innoax (Korean name: 이노에이엑스) trades under KRX code 296640 on KOSDAQ, the Korea Exchange's board for smaller and growth companies. It is classified in the Information Technology sector, Software.
How large is Innoax?
Its market capitalisation was US$26.9M on 2026-10-21, which puts it in this site's small-cap group. US$ amounts are converted from won at 1 USD ≈ ₩1,325 (2026-10-21).
What were Innoax's latest annual revenue and operating profit?
For fiscal year 2025, Innoax reported revenue of US$17.3M, operating profit of US$695.6K and net income of US$2M, per its annual report on DART (data retrieved from DART on 2026-09-17). Revenue was down 3.3% on the previous year.
Where does this data come from?
Financial statements and filings come from DART, Korea's official corporate-filing system. Share prices, market capitalisation and trading status come from KRX. Company summaries are AI-generated from the filings and may contain errors; financial figures are mapped directly from DART.
Data sources and last updated
- Filings and financial statements
- DART (dart.fss.or.kr), Korea's official corporate-filing system
- Prices, market cap, trading status
- KRX (Korea Exchange), via FinanceDataReader
- Latest annual financials
- Fiscal year 2025, data retrieved from DART on 2026-09-17
- Share price and market cap
- Close of 2026-10-21
- Currency
- US$, 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.
- Report on large shareholdings (5% rule) (abbreviated)Oct 21
- Supply contract signed
Innoax disclosed a supply contract with LG CNS Co., Ltd., worth US$3.19M, about 18.6% of its recent annual revenue, running through Nov 2028.
Supply contract · Oct 15 - Shareholder register closure / record date setOct 1
- Resolution to convene a general shareholders' meetingOct 1
- Cash/in-kind dividend decision (quarterly dividend)
Innoax declared a cash dividend of US$0.26 per share, equal to about 5.6% of the recent share price.
Dividend · Oct 1 - DisclosureSep 28
- [Amended] Supply contract signed
Innoax updated a previously disclosed supply contract with SK Co., Ltd., now worth US$1.6M, about 14.17% of its recent annual revenue, running through Sep 2026.
Supply contract · Sep 16 - DisclosureSep 8
- [Amended] Supply contract signed
Innoax updated a previously disclosed supply contract with SK Co., Ltd., now worth US$1.55M, about 14.17% of its recent annual revenue, running through Nov 2026.
Supply contract · Aug 6 - Decision to acquire shares/equity in another company
Innoax disclosed an acquisition of AgileSoda Co., Ltd., worth US$3.38M.
M&A · Jul 16 - [Amended] Supply contract signed
Innoax updated a previously disclosed supply contract with SK Co., Ltd., now worth US$1.48M, about 14.17% of its recent annual revenue, running through Aug 2026.
Supply contract · Jul 15 - Completion report on merger, etc. (asset transfer)
Innoax completed the transfer of 952,925 common shares of Agilesoda Inc. to NongHyup Bank for US$4.51M on 2026-07-15, concluding the transaction disclosed in its June 22, 2026 material event report.
M&A · Jul 15 - Supply contract signed
Innoax disclosed a supply contract with Samsung SDS, worth US$2.26M, about 15.18% of its recent annual revenue, running through Dec 2027.
Supply contract · Jun 22 - [Amended] Change of 30% or more in revenue or profit/loss structure (15% for large companies)
Innoax updated its previously filed consolidated results for FY2025: revenue of US$15.6M (−3.3% year on year), operating profit of US$627K (−61.5% year on year) and net income of US$1.76M (−15.9% year on year).
Earnings · Mar 13 - [Amended] Change of 30% or more in revenue or profit/loss structure (15% for large companies)
Innoax updated its previously filed consolidated results for FY2025: revenue of US$15.6M (−3.3% year on year), operating profit of US$626K (−61.5% year on year) and net income of US$1.75M (−15.9% year on year).
Earnings · Mar 11 - Treasury share disposal: results reportTreasury Shares · Mar 4
- Material event report (treasury share disposal)
Innoax disclosed a plan to sell treasury shares worth US$38.4K, about 0.2% of its market value.
Treasury Shares · Mar 3 - Cash/in-kind dividend decision
Innoax declared a cash dividend of US$0.15 per share.
Dividend · Feb 2 - Change of 30% or more in revenue or profit/loss structure (15% for large companies)
Innoax reported consolidated results for FY2025: revenue of US$15.8M (−3.3% year on year), operating profit of US$636K (−61.5% year on year) and net income of US$1.61M (−24.3% year on year).
Earnings · Feb 2