SIMMTECH Co (A222800) Q3 2025 earnings summary

Executive summary

• Specializes in semiconductor and communication device PCBs, with global operations and a diversified customer base including major memory and packaging companies.

• Maintains a strong R&D focus, holding over 140 patents and investing 3.4% of sales in development.

• Recognized for product quality and innovation, with multiple industry awards and world-class product certifications.

Financial highlights

• 2025 YTD revenue: ₩1,017.2B, down from ₩1,231.4B in 2024 and ₩1,041.9B in 2023.

• Operating income for 2025 YTD: ₩1.6B, compared to a loss of ₩47.0B in 2024 and a loss of ₩88.1B in 2023.

• Net loss attributable to controlling interest: ₩47.4B for 2025 YTD, compared to ₩30.3B loss in 2024 and ₩114.9B loss in 2023.

• Cash and equivalents at 2025 Q3: ₩25.1B, down from ₩127.8B at 2024 year-end.

• Gross margin for 2025 YTD: 8.6% (₩87.4B/₩1,017.2B).

Outlook and guidance

• Industry expects 2025 global PCB market to grow 12.8% YoY to $82.99B, with computing and communication segments leading.

• Company is expanding high-value System IC substrate sales and investing in capacity to capture growth.