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    Communication Equipment
InnoWireless Co Ltd

InnoWireless Co Ltd

073490.KS
InnoWireless Co LtdKR flagKorea Exchange
20,550.00
KRW
-300.00
- -
InnoWireless Co Ltd
073490.KS
(Korea Exchange)

Recent

price

20,550.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
5,634.11
12,179.22
12,789.96
12,481.54
9,315.44
9,160.39
8,782.52
10,245.2
10,587.8
16,132.99
14,000.84
13,455.39
19,714.68
18,119.36
24,939.51
24,532.81
25,470.7
Revenue per Share
1,543
2,401.13
1,586
763
296
-747
-1,636
-36
36
2,190
1,973
2,250
1,996
1,430
333
-158
382.92
Basic EPS, GAAP
-933.14
2,055.89
1,528.97
614.36
-5,193.1
-259.14
-447.86
-1,144.18
-64.03
3,125.44
1,522.04
1,231.89
1,798.46
-31.53
1,330.01
-1,355.48
-947.12
Free Cash Flow per Basic Share
- -
120
179.96
150.1
- -
- -
- -
- -
- -
- -
225.99
249.97
249.95
311.04
349.85
120.29
- -
Dividend per Share
6,879.52
9,237.37
10,641.18
11,263.51
11,528.55
10,813.52
9,172.14
9,259.48
8,941.28
11,198.07
11,992.64
13,817.65
15,562.92
15,009.33
14,917.83
14,683.18
14,512.85
Book Value per Share
8,973.4
11,417.71
12,272.24
12,742.3
13,017.6
12,419.51
10,865.61
10,848.38
10,493.79
12,839.48
14,914.63
16,586.51
18,720.64
21,198.64
19,949.48
19,232.32
19,361.09
Tangible Book Value per Share
6
6
6
6
6
6
6
6
6
6
7
7
7
8
8
8
8
Basic Weighted Avg Shares
33,801
73,106
76,790
74,872
56,034
54,949
52,708
60,671
64,034
96,848
92,967
90,669
132,854
137,371
189,720
186,101
193,675
Sales/Revenue/Turnover
15.32
22.24
15.37
5.9
-0.5
-4.51
-7.08
1.01
0.39
15.84
14.84
14.81
10.79
7.48
1.28
-0.6
1.73
Operating Margin (%)
1,343
1,683
1,868
1,963
1,871
2,039
1,919
1,896
2,238
3,496
3,841
3,799
3,738
4,655
5,703
5,537
5,452
Depreciation Expense
9,257
14,413
9,522
4,577
1,780
-4,481
-9,818
-213
218
13,147
13,101
15,162
13,451
10,841
2,533
-1,199
2,912
Net Income, GAAP
- -
12.7
3.43
- -
77.32
- -
- -
- -
70.72
11.84
8.86
0.82
7.74
18.29
50.36
- -
20.28
Effective Tax Rate (%)
27.39
19.71
12.4
6.11
3.18
-8.15
-18.63
-0.35
0.34
13.57
14.09
16.72
10.12
7.89
1.34
-0.64
1.5
Profit Margin (%)
20,226
43,387
47,867
44,202
28,243
26,087
22,177
21,195
31,255
44,684
55,584
67,279
81,643
110,524
94,418
87,875
89,148
Working Capital
- -
- -
6
- -
- -
- -
- -
- -
11,818
12,944
247
353
974
1,065
658
581
529
LT Debt
55,555
71,980
76,580
79,453
80,787
76,888
67,195
66,108
67,104
80,905
103,696
118,596
130,907
165,944
173,452
167,218
168,613
Total Equity
- -
20.47
15.12
- -
-0.08
- -
- -
- -
0.09
14.84
12.24
11.75
10.39
5.52
0.65
- -
1.39
Return on Invested Capital (%)
- -
25.39
14.96
- -
3.13
- -
- -
- -
0.49
18.63
16.15
17.43
13.52
9.86
2.21
- -
2.63
Return on Capital (%)
25.27
29.8
15.96
6.96
2.6
-6.68
-16.38
-0.39
0.4
21.68
17.84
17.55
13.59
9.92
2.23
-1.07
2.66
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
18,826
20,879
29,872
LT Borrowings
- -
- -
- -
LT Finance Leases
491
581
529
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
8
8
8
Market Capitalization
- -
- -
- -

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
126,341
141,973
154,451
Cash, Cash Equivalents & STI
58,672
60,333
67,885
Accounts Receivable, Net
27,366
43,533
35,978
Inventories
32,301
30,146
42,592
Total Current Liabilities
46,226
54,098
65,302
Payables & Accruals
- -
- -
- -
ST Debt
18,826
20,879
29,872
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.85%
10.49%
-3.59%
Free Cash Flow
-946.86%
-921.6%
-201.63%
Net Income, GAAP
551.81%
-47.78%
-147.31%
Sales/Revenue/Turnover
14.75%
16.73%
-1.91%
Total Cash Common Dividend
- -
- -
-65.71%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
40,429
41,300
49,604
58,387
189,720
2025
37,891
44,927
41,591
61,692
186,101
2026
45,465
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-532
-359
462
- -
333
2025
-576
-349.26
-296.78
- -
-158
2026
-35.47
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
349.85
2025
- -
- -
- -
- -
120.29
2026
- -
- -
- -
- -
- -
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Business
InnoWireless Co., Ltd. develops, manufactures, and sells telecommunications test and measurement equipment, network optimization solutions, big data analytics, AI-based technologies, and small cell systems. Its core products include wireless network optimization solutions such as drive testing, walk testing, in-building testing, remote testing, and post-processing; test and measurement equipment for base stations and fiber optic networks; big data platforms for real-time performance monitoring and network quality analysis; AI-driven solutions including video quality assessment, root cause analysis, position estimation, and network control systems; small cell solutions for 4G, 5G, and citizen broadband radio service; and vehicle-to-everything (V2X) communication and testing equipment based on 5G and C-V2X technologies. Additionally, InnoWireless provides satellite channel emulators and digital signal processing modules for aerospace and defense applications. Founded in 2000 and headquartered in Seongnam-si, South Korea, InnoWireless operates primarily in South Korea with growing international market presence, particularly in automotive and aerospace sectors. The company serves telecommunications operators, device manufacturers, network infrastructure companies, and government defense agencies. Recent major developments include the acquisition of Wayties to strengthen its V2X technology portfolio and the entrance into the automotive semiconductor market with the acquisition of MS LIFIX in early 2024. In 2025, InnoWireless secured KS Q 9100 certification to expand into aerospace and defense industries and obtained FCC approval to accelerate its US market expansion for C-V2X solutions. Strategic partnerships have been reinforced with companies like Autotalks for chipset development and Sierra Base for global safety inspection market entry. The company has also launched new AI-driven video quality assessment products and expanded its portfolio with private 5G total solutions under the Qucell Networks brand. InnoWireless remains focused on advancing 5G and preparing for 6G technologies through AI-driven innovations and strengthening its offerings in wireless communication testing, big data analytics, and network optimization across multiple sectors including telecommunications, automotive, aerospace, and defense. The company employs advanced test solutions supporting Open RAN interoperability, lab automation, and real-time network performance diagnostics, maintaining its position as a technology-intensive IT leader in communication equipment.