Virnect

버넥트 · 438700

Information Technology Software · KOSDAQ

Small-cap

Market cap US$20.4M (₩28.1B)

Overview

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

Financials

Source: DART · FY ending Dec · latest FY2025
Revenue · FY2025
US$2.2M
▼ −32.7% YoY
Operating profit · FY2025
−US$6.2M
Loss narrowed
Net income · FY2025
−US$3.6M
Loss narrowed

Revenue

  • FY2023US$4.7M
  • FY2024US$3.3M
  • FY2025US$2.2M

Operating profit

  • FY2023−US$8.2M
  • FY2024−US$9.2M
  • FY2025−US$6.2M

Net income

  • FY2023−US$7.5M
  • FY2024−US$9.2M
  • FY2025−US$3.6M

Key ratios (FY2025)

ROE
-16.7%
Debt/Eq
53.4%
Op. margin
-274.2%
Net margin
-162.5%
Rev. YoY
▼ −32.7%

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For informational purposes only. This is not investment advice, a recommendation, or a solicitation to buy or sell any security. Do your own research; any investment decision is your own responsibility.

Data from DART, Korea's official corporate-filing system. Data sourced from official DART filings. Accuracy is not guaranteed. Figures are as of the date shown. As of 2026-06-12 (KST). · FX: 1 USD ≈ ₩1,380 (2026-06-01).

Company summaries are generated and may contain errors; financial figures are mapped directly from official filings.