Inswave
Daily close in US$ at the latest USD/KRW close. Source: KRX via FinanceDataReader.
Inswave makes software tools that help developers build the visual, user-facing side of web applications, the screens, layouts, and interactive elements that end users see and click.
Its products include a web user-interface development platform and a web-based terminal solution supplied to financial institutions across Korea. The company is listed on KOSDAQ, Korea's tech-focused small-cap exchange, and its two core product lines, the development platform and the financial terminal solution, form the backbone of its business. It has integrated large language model and generative AI technology into both products, enabling low- and no-code development where AI can automatically generate screen layouts and source code.
Summary is AI-generated and may contain errors · figures from DART filings
The company describes itself as the first in Korea to launch a web-standard user-interface and user-experience development platform, giving it an early-mover position in that domestic niche.
Inswave in five facts
What does Inswave do?
Inswave makes software tools that help developers build the visual, user-facing side of web applications, the screens, layouts, and interactive elements that end users see and click.
Where is Inswave listed and in which sector?
Inswave (Korean name: 인스웨이브) trades under KRX code 450520 on KOSDAQ, the Korea Exchange's board for smaller and growth companies. It is classified in the Information Technology sector, Software.
How large is Inswave?
Its market capitalisation was US$19.1M on 2026-10-21, which puts it in this site's small-cap group. US$ amounts are converted from won at 1 USD ≈ ₩1,325 (2026-10-21).
What were Inswave's latest annual revenue and operating profit?
For fiscal year 2025, Inswave reported revenue of US$29.4M, an operating loss of US$3.7M and a net loss of US$2.6M, per its annual report on DART (data retrieved from DART on 2026-09-17). Revenue was up 28.1% on the previous year.
Where does this data come from?
Financial statements and filings come from DART, Korea's official corporate-filing system. Share prices, market capitalisation and trading status come from KRX. Company summaries are AI-generated from the filings and may contain errors; financial figures are mapped directly from DART.
Data sources and last updated
- Filings and financial statements
- DART (dart.fss.or.kr), Korea's official corporate-filing system
- Prices, market cap, trading status
- KRX (Korea Exchange), via FinanceDataReader
- Latest annual financials
- Fiscal year 2025, data retrieved from DART on 2026-09-17
- Share price and market cap
- Close of 2026-10-21
- Currency
- US$, 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.
- Supply contract signed
Inswave disclosed a supply contract with LG CNS Co., Ltd., worth US$6.67M, about 22.86% of its recent annual revenue, running through Jan 2029.
Supply contract · Oct 15 - Supply contract signed (voluntary)
Inswave disclosed a supply contract with SK Co., Ltd., worth US$2.59M, about 8.89% of its recent annual revenue, running through Apr 2028.
Supply contract · Oct 7 - [Amended] Supply contract signed
Inswave updated a previously disclosed supply contract with LG CNS Co., Ltd., now worth US$13.9M, about 69.12% of its recent annual revenue, running through Apr 2028.
Supply contract · Jun 16 · 2 versions - [Amended] Supply contract signed
Inswave updated a previously disclosed supply contract with LG CNS Co., Ltd., now worth US$6.47M, about 25.35% of its recent annual revenue, running through Dec 2027.
Supply contract · Jun 9 · 2 versions - Change of 30% or more in revenue or profit/loss structure (15% for large companies)
Inswave reported consolidated results for FY2025: revenue of US$26.8M (+28.2% year on year), an operating loss of US$3.32M and a net loss of US$2.62M.
Earnings · Feb 11