Virnect
Daily close in US$ at the latest USD/KRW close. Source: KRX via FinanceDataReader.
Virnect develops software that overlays digital information onto the real world, a technology called augmented reality (AR), to help workers in factories and industrial plants collaborate remotely, follow step-by-step instructions, and monitor equipment in three-dimensional digital replicas of their sites.
Its products are used primarily in manufacturing and plant operations, where field workers and managers need real-time guidance and remote support. Listed on KOSDAQ, Korea's tech-focused stock exchange, the company builds its entire product suite on a proprietary AR engine capable of tracking plain, low-feature industrial objects such as pipes and components.
Summary is AI-generated and may contain errors · figures from DART filings
Virnect in five facts
What does Virnect do?
Virnect develops software that overlays digital information onto the real world, a technology called augmented reality (AR), to help workers in factories and industrial plants collaborate remotely, follow step-by-step instructions, and monitor equipment in three-dimensional digital replicas of their sites.
Where is Virnect listed and in which sector?
Virnect (Korean name: 버넥트) trades under KRX code 438700 on KOSDAQ, the Korea Exchange's board for smaller and growth companies. It is classified in the Information Technology sector, Software.
How large is Virnect?
Its market capitalisation was US$14.6M on 2026-10-21, which puts it in this site's small-cap group. US$ amounts are converted from won at 1 USD ≈ ₩1,325 (2026-10-21).
What were Virnect's latest annual revenue and operating profit?
For fiscal year 2025, Virnect reported revenue of US$2.3M, an operating loss of US$6.4M and a net loss of US$3.8M, per its annual report on DART (data retrieved from DART on 2026-09-17). Revenue was down 32.7% on the previous year.
Where does this data come from?
Financial statements and filings come from DART, Korea's official corporate-filing system. Share prices, market capitalisation and trading status come from KRX. Company summaries are AI-generated from the filings and may contain errors; financial figures are mapped directly from DART.
Data sources and last updated
- Filings and financial statements
- DART (dart.fss.or.kr), Korea's official corporate-filing system
- Prices, market cap, trading status
- KRX (Korea Exchange), via FinanceDataReader
- Latest annual financials
- Fiscal year 2025, data retrieved from DART on 2026-09-17
- Share price and market cap
- Close of 2026-10-21
- Currency
- US$, 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.
- Other management matter (voluntary)Sep 23
- Supply contract signed
Virnect disclosed a supply contract with Daon I&C Co., Ltd., worth US$402K, about 17.74% of its recent annual revenue, running through Dec 2026.
Supply contract · Aug 31 - Supply contract signed
Virnect disclosed a supply contract with Yooshin Engineering Corporation, Korea Engineering Consultants Corp. (KECC), Dohwa Engineering Co., Ltd., worth US$647K, about 29.04% of its recent annual revenue, running through May 2027.
Supply contract · Aug 21 - [Amended] Change of 30% or more in revenue or profit/loss structure (15% for large companies)
Virnect updated its previously filed consolidated results for FY2025: revenue of US$2.11M (−32.66% year on year), an operating loss of US$5.77M and a net loss of US$3.42M.
Earnings · Mar 13 · 2 versions