Ivisionworks
Daily close in US$ at the latest USD/KRW close. Source: KRX via FinanceDataReader.
Ivisionworks makes automated inspection systems that check the quality of rechargeable battery cells at each stage of production, from electrode processing through cell assembly to final pack assembly.
It supplies these systems to battery manufacturers and is listed on KOSDAQ, South Korea's tech-focused small-cap exchange. Its customer base is anchored by two of South Korea's largest battery makers, LG Energy Solution and SK On. Beyond visual surface checks, the company is developing industrial non-destructive inspection systems, using technologies such as Digital Ray, CT, and OCT, capable of examining the internal structure of battery components.
Summary is AI-generated and may contain errors · figures from DART filings
Named customers LG Energy Solution and SK On, both major South Korean battery makers, are explicitly cited in the filing as its primary accounts.
Ivisionworks in five facts
What does Ivisionworks do?
Ivisionworks makes automated inspection systems that check the quality of rechargeable battery cells at each stage of production, from electrode processing through cell assembly to final pack assembly.
Where is Ivisionworks listed and in which sector?
Ivisionworks (Korean name: 아이비젼웍스) trades under KRX code 469750 on KOSDAQ, the Korea Exchange's board for smaller and growth companies. It is classified in the Industrials sector, Machinery.
How large is Ivisionworks?
Its market capitalisation was US$25.4M on 2026-10-21, which puts it in this site's small-cap group. US$ amounts are converted from won at 1 USD ≈ ₩1,325 (2026-10-21).
What were Ivisionworks's latest annual revenue and operating profit?
For fiscal year 2025, Ivisionworks reported revenue of US$17.4M, an operating loss of US$295K and a net loss of US$295.6K, per its annual report on DART (data retrieved from DART on 2026-06-04). Revenue was down 34.6% on the previous year.
Where does this data come from?
Financial statements and filings come from DART, Korea's official corporate-filing system. Share prices, market capitalisation and trading status come from KRX. Company summaries are AI-generated from the filings and may contain errors; financial figures are mapped directly from DART.
Data sources and last updated
- Filings and financial statements
- DART (dart.fss.or.kr), Korea's official corporate-filing system
- Prices, market cap, trading status
- KRX (Korea Exchange), via FinanceDataReader
- Latest annual financials
- Fiscal year 2025, data retrieved from DART on 2026-06-04
- Share price and market cap
- Close of 2026-10-21
- Currency
- US$, 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.
- Trading suspension liftedOct 1
- [Amended] Supply contract signed
Ivisionworks amended its supply contract disclosure to extend the contract period and confidentiality deferral deadline for a US$1.8M secondary-battery inspection system supply contract (10.45% of recent revenue) from October 6, 2026 to February 28, 2027.
Supply contract · Sep 29 - [Amended] Half-year report (2026.06)Sep 29
- Report on securities held by executives/major shareholdersSep 16
- Supply contract signedSupply contract · Sep 14
- Report on securities held by executives/major shareholdersSep 11
- Report on securities held by executives/major shareholdersSep 11
- Report on securities held by executives/major shareholdersSep 11
- Report on large shareholdings (5% rule) (standard)Sep 11
- Report on securities held by executives/major shareholdersSep 11
- Report on securities held by executives/major shareholdersSep 11
- [Amended] Report on large shareholdings (5% rule) (standard)Sep 10
- [Amended] Report on large shareholdings (5% rule) (standard)Sep 10
- Trading suspension (share consolidation/split registration)
KRX suspended trading in Ivisionworks' common shares from 2026-09-09, pending electronic registration changes (cancellation) arising from a share consolidation, until the day before the listing date of the new share certificates.
M&A · Sep 4 - [Amended] Supply contract signed (voluntary)
Ivisionworks updated a previously disclosed supply contract with LG Electronics, now worth US$1.66M, about 9.7% of its recent annual revenue, running through Mar 2027.
Supply contract · Sep 2 - [Amended] Supply contract signedSupply contract · Jun 30
- Supply contract signedSupply contract · Jun 8
- Change of 30% or more in revenue or profit/loss structure (15% for large companies)
Ivisionworks reported separate results for FY2025: revenue of US$15.8M (−34.48% year on year), an operating loss of US$240K (from a profit a year earlier) and a net loss of US$268K.
Earnings · Feb 9