Smart Radar System

스마트레이더시스템 · 424960

Information Technology Hardware & Devices · KOSDAQ

Small-cap

Market cap US$61M (₩84.2B)

Overview

Smart Radar System develops and manufactures four-dimensional imaging radar, sensors that build a detailed, real-time picture of surrounding objects and are used in autonomous vehicles, agricultural machinery, drones, healthcare monitoring, and security applications.

The company supplies its radar products to customers across Korea, the United States, Europe, and Japan, spanning automotive, industrial, and consumer markets. Listed on KOSDAQ, Korea's tech-focused small-cap exchange, it applies a platform approach by adapting its core radar technology across multiple industries rather than focusing on a single end-market.

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

Financials

Source: DART · FY ending Dec · latest FY2025

Revenue · FY2025

US$6.8M

▲ +98.4% YoY

Operating profit · FY2025

−US$3.8M

Loss narrowed

Net income · FY2025

−US$2.2M

Loss narrowed

Revenue, operating profit and net income by fiscal year (USD; KRW in parentheses).
Metric	FY2023	FY2024	FY2025
Revenue	US$3M(₩4.1B)	US$3.4M(₩4.7B)	US$6.8M(₩9.4B)
Operating profit	−US$3.9M(−₩5.4B)	−US$4.9M(−₩6.8B)	−US$3.8M(−₩5.3B)
Net income	−US$3.7M(−₩5.1B)	−US$4.7M(−₩6.5B)	−US$2.2M(−₩3B)

Revenue

FY2023US$3M
FY2024US$3.4M
FY2025US$6.8M

Operating profit

FY2023−US$3.9M
FY2024−US$4.9M
FY2025−US$3.8M

Net income

FY2023−US$3.7M
FY2024−US$4.7M
FY2025−US$2.2M

Key ratios (FY2025)

ROE

-15.5%

Debt/Eq

76.2%

Op. margin

-56.1%

Net margin

-31.6%

Rev. YoY

▲ +98.4%

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