L&K BIOMED Co., Ltd.

L&K BIOMED Co., Ltd.

KKRX:156100
7,100.00
KRW
+360.00
(+5.34%)
-386.21EPS
178.36BMarket Cap
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
2,522.03
3,305.69
3,051.5
2,564.25
2,516.72
2,030.06
1,294.56
913.06
1,173.56
1,841.73
1,811.42
1,915.35
1,876.92
Basic EPS, GAAP
-588.58
649.83
128.06
-1,206.6
-303.04
-822.43
-716.64
-574.27
-808.9
-115
489
-802
-349.66
Free Cash Flow per Basic Share
-281.71
-1,317.65
-1,063.73
-560.59
-997.24
-71.23
-197.86
-651
-403.16
-213.63
-403.78
-837.12
-768.07
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
321.11
3,429.91
4,328.9
3,106.43
2,985.99
2,216.14
1,894.9
1,453.08
727.91
1,773.17
2,131.56
2,034.65
2,652.4
Tangible Book Value per Share
94.89
2,760.93
3,560.1
2,210.84
2,209.06
1,887.08
1,804.5
1,367.99
679.19
1,733.11
2,081.5
1,987.27
2,602.08
Basic Weighted Avg Shares
8
10
11
12
12
13
15
17
17
16
20
20
21
Sales/Revenue/Turnover
20,224
32,046
34,449
31,514
31,323
26,575
19,356
15,373
19,767
29,905
36,092
38,920
39,527
Operating Margin (%)
16.56
17.61
7
-23.63
-26.24
-34.92
-19.24
-99.32
-70.98
-21.7
8.53
1.84
2.44
Depreciation Expense
917
1,576
2,587
2,969
2,939
3,480
3,089
1,725
2,302
2,313
2,572
2,782
2,773
Net Income, GAAP
-4,720
6,300
1,446
-14,829
-3,772
-10,766
-10,715
-9,669
-13,625
-1,867
9,743
-16,297
-7,364
Effective Tax Rate (%)
- -
- -
31.13
- -
- -
- -
- -
- -
- -
- -
6.76
- -
- -
Profit Margin (%)
-23.34
19.66
4.2
-47.05
-12.04
-40.51
-55.36
-62.89
-68.93
-6.24
27
-41.87
-18.63
Working Capital
-12,640
20,847
31,892
7,340
10,190
8,163
12,380
25,351
-1,834
21,654
24,492
22,838
33,958
LT Debt
3,686
7,419
4,403
5,140
4,347
4,903
3,851
15,127
1,244
2,545
1,370
2,062
1,931
Total Equity
2,638
41,310
57,501
40,398
42,052
31,082
34,163
24,787
10,762
30,587
36,033
38,635
51,808
Return on Invested Capital (%)
- -
- -
2.35
- -
- -
- -
- -
- -
- -
- -
5.6
- -
- -
Return on Capital (%)
- -
- -
2.3
- -
- -
- -
- -
- -
- -
- -
24.79
- -
- -
Return on Common Equity (%)
- -
30.81
3.13
-32.46
-9.87
-31.6
-35.34
-34.48
-74.18
-7.84
25.03
-37.05
-14.27

Capital Structure

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
19,760
17,086
25,567
LT Borrowings
1,000
500
500
LT Finance Leases
1,453
1,562
1,431
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
21
22
22
Market Capitalization
165,420
289,671
178,362

Working Capital

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
60,452
61,170
87,407
Cash, Cash Equivalents & STI
10,411
6,286
26,584
Accounts Receivable, Net
16,963
17,912
19,846
Inventories
30,363
34,658
37,857
Total Current Liabilities
32,509
38,332
53,448
Payables & Accruals
- -
- -
- -
ST Debt
19,760
17,086
25,567
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
12.26%
25.04%
7.22%
Free Cash Flow
58.32%
85.38%
111.43%
Net Income, GAAP
-203.66%
-188.84%
-267.26%
Sales/Revenue/Turnover
4.39%
17.56%
7.84%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
9,126
7,194
9,748
10,024
36,092
2025
8,893
11,320
10,097
8,610
38,920
2026
9,500
- -
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
178.57
50
-57
316.84
489
2025
-30
-128.29
132.59
-726.08
-802
2026
374.04
- -
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Gook-Jin Kang
Full Time Employees
97
Sector
Health technology
Industry
Medical specialties
Address
Yongin-si South Korea
IPO Date
Nov 30, 2016
Business
L&K BIOMED Co., Ltd. is a South Korea-based medical device company engaged in the research, development, manufacturing, and commercialization of spinal implants and surgical fixation systems. The company specializes in biomechanical solutions for minimally invasive surgery and open spinal procedures designed to treat degenerative disc disease, spinal stenosis, trauma, deformities, and fractures. Its core product portfolio comprises expandable interbody fusion cages, including the BluEX Lumbar Expandable Cage System across transforaminal, posterior, lateral, anterior, and endoscopic surgical approaches, the BluEX-C height-expandable cervical interbody cage, and the BluEX-LT curved expandable lateral cage; pedicle screw and posterior fixation systems, including the AccelFix-S open screw system and the PathLoc-L minimally invasive system; static interbody fusion cages, including the PathLoc Lumbar Interbody Fusion Cage System; cervical plate and fixation devices, including the CastleLoc-P anterior cervical plate system; sacroiliac joint fusion implants; and thoracic pectus deformity correction devices. Founded in 2008 and headquartered in Yongin-si, Gyeonggi-do, South Korea, with additional corporate and clinical research facilities in Seoul, L&K BIOMED distributes its medical devices globally across North America, Europe, Asia, and other international territories, operating in the United States primarily through its subsidiary, Aegis Spine, Inc. (Aegis Meditech, Inc.). In recent developments, the company received U.S. Food and Drug Administration (FDA) 510(k) clearances for its BluEX Lumbar Expandable Cage System in October 2024, the PathLoc Lumbar Interbody Fusion Cage System in July 2025, and the BluEX-C expandable cervical cage in May 2026, followed by expanded footprint dimensional approvals in August 2026. In June 2026, the company completed its first-in-human clinical implantation of the BluEX-LT expandable lateral cage at WakeMed Health & Hospitals in the United States. In September 2026, L&K BIOMED formed a strategic product development partnership with spine specialist Dr. K. Daniel Liu to design next-generation cervical implants. These advancements follow the resolution of legacy intellectual property litigation in the United States in late 2023 and support ongoing capital investments into expanded manufacturing facilities and direct hospital distribution channels across North America.