MX On

엠엑스온 · 347890

Information Technology Hardware & Devices · KOSDAQ

Small-cap

Market cap US$64M (₩88.4B)

Overview

MX On supplies software and hardware that help factories run themselves, its products let industrial equipment collect, display, and act on real-time data without constant human input.

Its core offerings include operator-interface panels (HMI), supervisory control and data-acquisition systems (SCADA), industrial devices, and smart-factory software platforms, supplied to manufacturers across a range of industries. The company also integrates collaborative robots and autonomous mobile transport robots into factory floors alongside its software. It is listed on KOSDAQ, South Korea's tech-focused small-cap exchange.

Summary is AI-generated and may contain errors · figures from DART filings

Financials

Source: DART · FY ending Dec · latest FY2025

Revenue · FY2025

US$45.1M

▲ +69.2% YoY

Operating profit · FY2025

−US$4.2M

Turned to loss

Net income · FY2025

−US$2.1M

Turned to loss

Revenue, operating profit and net income by fiscal year (USD; KRW in parentheses).
Metric	FY2023	FY2024	FY2025
Revenue	US$23.9M(₩33B)	US$26.7M(₩36.8B)	US$45.1M(₩62.3B)
Operating profit	US$4.1M(₩5.6B)	US$4.1M(₩5.6B)	−US$4.2M(−₩5.8B)
Net income	US$4.6M(₩6.3B)	US$4.6M(₩6.4B)	−US$2.1M(−₩2.8B)

Revenue

FY2023US$23.9M
FY2024US$26.7M
FY2025US$45.1M

Operating profit

FY2023US$4.1M
FY2024US$4.1M
FY2025−US$4.2M

Net income

FY2023US$4.6M
FY2024US$4.6M
FY2025−US$2.1M

Key ratios (FY2025)

ROE

-2.3%

Debt/Eq

60.6%

Op. margin

-9.4%

Net margin

-4.6%

Rev. YoY

▲ +69.2%

Why it matters

The company has secured an expert partnership with a global robotics firm and is expanding its portfolio through strategic acquisitions in logistics automation and robot-based manufacturing.

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