Solum (248070) Q3 2025 earnings summary

Executive summary

• Operates in electronic components and ICT, with global manufacturing and sales subsidiaries in China, Vietnam, Mexico, India, and more.

• Main business segments: power modules, 3IN1 boards, ESL (Electronic Shelf Label), IoT, and digital signage.

• Added new business purposes in healthcare and secondary battery reuse, targeting high-growth markets.

• Expanded through acquisitions and establishment of new subsidiaries, including cosmetics and software firms.

Financial highlights

• 2025 Q3 cumulative consolidated revenue: KRW 1,272.6 billion, down from KRW 1,594.4 billion YoY.

• Operating income: KRW 38.4 billion, down from KRW 69.1 billion YoY.

• Net income: KRW 19.1 billion, down from KRW 37.7 billion YoY.

• Gross margin for Q3: KRW 207.1 billion.

• Basic EPS: KRW 429, compared to KRW 812 YoY.

• Cash and cash equivalents at period end: KRW 127.4 billion.

Outlook and guidance

• Focus on expanding healthcare and secondary battery reuse businesses, leveraging existing technology and global networks.

• Plans to commercialize healthcare wearables and early cancer diagnostics within a year.

• Ongoing investment in R&D and organizational expansion for new business areas.