Value Added Technology (043150) Q4 2025 earnings summary

Executive summary

• Achieved consolidated revenue of KRW 114.4 billion in 4Q25, up 12.4% year-over-year and 14.2% sequentially, driven by strong sales in Europe, Asia, and North America.

• Operating profit increased 19.5% year-over-year to KRW 12.3 billion, though slightly down 0.9% sequentially.

• Net income declined 55.7% year-over-year to KRW 6.9 billion, impacted by lower equity method gains and foreign exchange factors.

Financial highlights

• Gross profit margin improved to 52.6% in 4Q25 from 51.7% a year ago.

• Operating profit margin was 10.7%, up from 10.1% in 4Q24.

• Net profit margin dropped to 6.1% from 13.6% in 4Q24.

• Full-year 2025 sales reached KRW 426.4 billion, with a 6-year CAGR of 11.8%.

Outlook and guidance

• Strategy focuses on expanding 3D premium and mid/entry product sales to capture market shift from 2D to 3D demand.

• Plans to strengthen market dominance through enhanced quality, technology, and customer service.

• Targeting specific market needs with large FOV models in developed markets and entry-level models in emerging markets.