iCRAFT Co., Ltd.

iCRAFT Co., Ltd.

KKRX:052460
5,900.00
KRW
-470.00
(-7.38%)
773.25EPS
4.57P/E
42.80BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
3,700.4
3,792.16
4,848.67
5,654.65
6,727.6
5,579.77
5,570.05
8,007.44
8,814.74
9,397.76
11,597.38
8,354.97
17,132.19
15,078.82
Basic EPS, GAAP
103
91.5
194.5
154
159.51
-59.23
-17
85
176
42
381
-77
842
769.74
Free Cash Flow per Basic Share
90.08
-187.36
-362.75
382.6
447.26
-18.26
614.79
-691.21
-421.27
-656.69
648.04
-92.13
462.24
1,154.25
Dividend per Share
40.03
25.04
35.02
49.95
51.29
50.16
- -
- -
- -
49.77
- -
79.54
- -
100.48
Book Value per Share
2,225.34
2,290.81
2,457.21
2,554.83
2,637.84
2,525.16
2,505.18
2,604.07
2,779.88
2,772.07
3,153.03
2,995.58
3,825.72
3,566.01
Tangible Book Value per Share
1,981.7
2,045.11
2,206.97
2,359.37
2,417.97
2,405.98
2,399.69
2,493.49
2,669.53
2,712.89
3,094.38
2,881.76
3,679.45
3,419.82
Basic Weighted Avg Shares
14
14
14
14
14
13
13
12
12
12
12
12
12
12
Sales/Revenue/Turnover
52,171
53,407
68,367
79,856
92,532
73,150
73,758
97,028
105,293
112,898
138,664
100,488
206,500
182,450
Operating Margin (%)
2.39
2.94
5.13
5.65
2.29
0.23
0.04
0.03
1.99
0.22
3.71
1.59
3.88
3.93
Depreciation Expense
201
223
241
390
577
440
1,080
1,042
1,182
1,447
1,366
1,560
1,641
1,001
Net Income, GAAP
1,452
1,289
2,742
2,175
2,194
-777
-225
1,030
2,102
505
4,555
-926
10,149
9,314
Effective Tax Rate (%)
17.18
23.74
19.6
21.91
20.78
- -
- -
11.31
20.25
30.23
21.96
- -
22.47
22.06
Profit Margin (%)
2.78
2.41
4.01
2.72
2.37
-1.06
-0.31
1.06
2
0.45
3.29
-0.92
4.91
5.1
Working Capital
24,561
26,019
26,766
28,123
26,361
25,880
24,817
23,957
23,833
24,714
25,288
25,172
31,057
27,745
LT Debt
- -
- -
- -
- -
300
300
475
66
8,378
8,173
5,239
4,771
4,251
4,031
Total Equity
31,395
32,319
34,666
36,043
34,839
33,178
32,320
31,227
33,577
33,302
37,894
36,091
46,778
43,621
Return on Invested Capital (%)
3.1
3.55
7.03
7.99
3.96
- -
- -
0.08
3.58
0.32
7.08
- -
10.9
10.71
Return on Capital (%)
4.6
3.97
7.17
5.22
5.6
- -
- -
3.04
4.84
2.44
9.65
- -
19.26
18.72
Return on Common Equity (%)
4.69
4.05
8.19
6.15
6.2
-2.29
-0.69
3.25
6.53
1.52
12.86
-2.52
24.65
23.86

Capital Structure

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
14,776
9,634
8,793
LT Borrowings
- -
- -
- -
LT Finance Leases
4,393
4,251
4,031
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
12
12
12
Market Capitalization
31,246
32,158
42,796

Working Capital

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
82,299
73,955
67,243
Cash, Cash Equivalents & STI
13,709
18,916
24,511
Accounts Receivable, Net
19,475
39,301
8,094
Inventories
18,084
13,023
28,556
Total Current Liabilities
60,388
42,898
39,498
Payables & Accruals
- -
- -
- -
ST Debt
14,776
9,634
8,793
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.52%
9.07%
29.61%
Free Cash Flow
-489.71%
-179.7%
-602.81%
Net Income, GAAP
-126.9%
-97.04%
-1,195.87%
Sales/Revenue/Turnover
16.06%
23.31%
105.5%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
36,309
19,740
14,494
29,945
100,488
2025
40,294
29,380
27,634
109,094
206,500
2026
16,342
- -
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
257
-172
-109
-54.02
-77
2025
-91
179.49
75.62
673.81
842
2026
-159.71
- -
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
79.92
- -
- -
- -
79.54
2025
- -
- -
- -
- -
- -
2026
100
- -
- -
- -
- -

Company Description

CEO
Woo-Jin Park
Full Time Employees
112
Sector
Technology services
Industry
Information technology services
Address
Seoul South Korea
IPO Date
Jan 3, 2005
Business
iCRAFT Co., Ltd. is a South Korea-based information technology infrastructure and system integration provider engaged in the design, deployment, maintenance, and distribution of high-performance network systems, artificial intelligence (AI) data center infrastructure, and proprietary security solutions. Founded on January 21, 2000, and headquartered in Seoul, South Korea, the company is publicly traded on the KOSDAQ under the ticker symbol 052460. iCRAFT operates across three primary business divisions: Network and Solution Equipment Sales, Internet Core Network Maintenance, and System Construction and IT Solutions. It serves a diversified client base comprising major telecommunications operators, cloud service providers, large corporate enterprises, research institutions, and public sector organizations, primarily in South Korea. The company also operates a specialized network distribution subsidiary, CNS Co., Ltd. The company provides an extensive portfolio of hardware and software solutions organized into several core product categories: high-performance AI computing and network infrastructure, including NVIDIA InfiniBand networking platforms, Spectrum-X Ethernet switches, Quantum-2 switches, BlueField Data Processing Units (DPUs), and high-throughput AI storage systems; telecommunications backbone infrastructure, encompassing core routing, multi-gigabit switching, optical transmission systems, and software-defined wide area networking (SD-WAN) hardware sourced through tier-one global technology partners such as Juniper Networks and Hewlett Packard Enterprise; brand protection and anti-counterfeiting technologies, delivered through its proprietary BrandSafer platform, which utilizes optical security tags, encrypted digital codes, specialized scanners, and mobile verification applications to combat product forgery across consumer goods, pharmaceuticals, and manufacturing sectors; cybersecurity and cloud services, including next-generation firewalls, intrusion prevention systems, distributed denial-of-service (DDoS) mitigation appliances, and hybrid cloud integration; and full lifecycle IT services, offering 24/7 internet backbone maintenance, hardware lifecycle management, consulting, and system optimization. In recent developments, iCRAFT has accelerated its strategic shift toward full-stack AI data center infrastructure provisioning as an NVIDIA Elite Partner, capitalizing on rising domestic demand for hyperscale AI computing and high-speed GPU interconnectivity. The company secured several landmark supply agreements totaling hundreds of billions of Korean won across 2025 and 2026, including major multi-year contracts with NAVER Cloud to deliver high-capacity NVIDIA InfiniBand networks and enterprise AI storage systems, long-term AI computing network infrastructure contracts with Kakao, and large-scale hardware supply arrangements with Data Solution, SEEELab, and BNI NC for advanced Spectrum-X Ethernet and Vera Rubin-ready networking systems. Additionally, iCRAFT continues to reinforce its core routing alliances following the integration of HPE and Juniper Networks, while executing corporate shareholder value enhancement initiatives that include structured treasury share cancellation programs and regular dividend distributions.