i3system (214430) Q4 2025 earnings summary

Executive summary

• Achieved record-high annual revenue of KRW 124.3 billion in 2025, up 3.0% year-over-year, with operating profit of KRW 16.5 billion (+11.5%) and net profit of KRW 18.8 billion (+25.5%).

• Growth driven by increased sales of high-margin cooled infrared sensors and cost reduction efforts.

• Maintained strong financial stability with a current ratio of 402.4% and debt ratio of 35.7%.

Financial highlights

• Revenue: KRW 124.3 billion (+3.0% YoY); Operating profit: KRW 16.5 billion (+11.5% YoY); Net profit: KRW 18.8 billion (+25.5% YoY).

• Gross margin improved due to product mix and cost controls.

• Earnings per share: Basic KRW 2,657; Diluted KRW 2,618.

• Cash and equivalents at year-end: KRW 10.0 billion.

Outlook and guidance

• Focus on expanding sales to new customers and diversifying product lines.

• Continued investment in R&D and production capacity to support growth.

• Management highlights ongoing uncertainties from global and domestic market conditions, including FX and interest rate volatility.