Contec

컨텍 · 451760

Information Technology IT Services · KOSDAQ

Small-cap

Market cap US$174.8M (₩241.2B)

Overview

Contec builds the hardware and software that connect satellites to Earth, including satellite antennas, ground stations, and communication terminals, and also processes and distributes satellite imagery.

Its customers range from government space programs to commercial operators needing turnkey ground-station infrastructure or data services. Listed on KOSDAQ, Korea's tech-focused stock exchange, the company spans both the upstream side of the space industry (satellite development and components) and the downstream side (ground systems, imagery, and ground-station-as-a-service offerings).

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

Financials

Source: DART · FY ending Dec · latest FY2025

Revenue · FY2025

US$63M

▲ +26.0% YoY

Operating profit · FY2025

−US$11.7M

Loss widened

Net income · FY2025

−US$7.5M

Loss narrowed

Revenue, operating profit and net income by fiscal year (USD; KRW in parentheses).
Metric	FY2023	FY2024	FY2025
Revenue	US$11.5M(₩15.8B)	US$50M(₩69B)	US$63M(₩86.9B)
Operating profit	−US$7.2M(−₩10B)	−US$8.8M(−₩12.2B)	−US$11.7M(−₩16.2B)
Net income	−US$47M(−₩64.9B)	−US$13.9M(−₩19.1B)	−US$7.5M(−₩10.3B)

Revenue

FY2023US$11.5M
FY2024US$50M
FY2025US$63M

Operating profit

FY2023−US$7.2M
FY2024−US$8.8M
FY2025−US$11.7M

Net income

FY2023−US$47M
FY2024−US$13.9M
FY2025−US$7.5M

Key ratios (FY2025)

ROE

-5.8%

Debt/Eq

53.4%

Op. margin

-18.6%

Net margin

-11.9%

Rev. YoY

▲ +26.0%

Why it matters

Contec describes itself as the only commercial, privately operated space ground station in Korea, and also operates its own satellite, named Oreumsat.

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