Dx & Vx Co., Ltd.

Dx & Vx Co., Ltd.

KKRX:180400
1,982.00
KRW
-16.00
(-0.80%)
-362.51EPS
221.46BMarket 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
435.03
474.92
408.53
128.99
86.93
283.78
263.31
337.77
306.24
1,114.58
1,394.18
944.76
593.41
354.1
Basic EPS, GAAP
-28.67
21.07
46.67
-12.13
-69.67
-607
-782
-281
-298
-27
-929
-1,309
-587
-351.21
Free Cash Flow per Basic Share
-367
46.67
-83.08
-50.19
-76.49
-648.29
-365.93
-319.64
-154.26
-30.23
-481.57
-580.54
-409.71
-324.29
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
105.31
558.59
1,385.41
1,662.76
1,637.66
1,259.71
1,104
1,114
1,235.11
1,184.1
700.68
283.84
954.45
837.32
Tangible Book Value per Share
73.35
530.51
1,364.8
1,647.5
1,630.29
1,252.44
1,103.84
1,113.66
1,232.8
711.73
-694.28
-68.1
800.28
672.93
Basic Weighted Avg Shares
9
10
13
40
54
19
22
23
24
29
30
36
49
74
Sales/Revenue/Turnover
3,875
4,691
5,387
5,098
4,670
5,305
5,753
7,696
7,470
32,184
41,244
33,947
29,357
26,224
Operating Margin (%)
-0.5
7.72
10.42
-13.37
-69.57
-150.46
-121.39
-77.69
-49.71
8.18
-37.46
-63.63
-82.85
-80.18
Depreciation Expense
251
277
317
337
522
510
1,026
1,011
1,127
1,372
2,416
1,780
1,718
2,130
Net Income, GAAP
-255
208
615
-480
-3,743
-11,348
-17,086
-6,403
-7,269
-780
-27,482
-47,034
-29,039
-26,011
Effective Tax Rate (%)
- -
7.38
1.94
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-6.59
4.44
11.42
-9.41
-80.14
-213.9
-296.98
-83.19
-97.31
-2.42
-66.63
-138.55
-98.92
-99.19
Working Capital
-2,809
3,078
14,509
20,633
36,986
1,922
-502
2,538
125
7,002
-28,720
11,035
93,208
46,857
LT Debt
- -
- -
- -
- -
16,972
9,158
304
245
291
15,697
5,624
32,039
32,854
4,564
Total Equity
1,354
7,182
21,559
29,052
29,793
24,353
23,557
24,651
33,778
34,351
28,796
16,354
95,765
83,885
Return on Invested Capital (%)
- -
7.85
3.82
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
9.25
4.28
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
4.88
4.28
-1.89
-12.72
-41.92
-70.05
-25.54
-23.78
-2.25
-99.67
-267.66
-53.82
-60.81

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
15,135
9,924
10,079
LT Borrowings
32,748
4,827
4,468
LT Finance Leases
106
114
96
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
98
98
98
Market Capitalization
309,066
482,301
221,465

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
114,969
76,580
61,767
Cash, Cash Equivalents & STI
105,018
63,815
49,941
Accounts Receivable, Net
3,445
5,021
5,131
Inventories
2,497
2,762
3,639
Total Current Liabilities
21,761
15,082
14,910
Payables & Accruals
- -
- -
- -
ST Debt
15,135
9,924
10,079
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
48.53%
92.98%
485.56%
Free Cash Flow
179.05%
290.06%
-2.83%
Net Income, GAAP
407.6%
676.42%
-38.26%
Sales/Revenue/Turnover
36.69%
64.97%
-13.52%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
10,332
8,692
7,258
5,428
33,947
2025
7,529
8,663
5,611
7,553
29,357
2026
6,656
6,404
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-237
-118
-276
-547.85
-1,309
2025
-150.72
-157
-179.69
-100.06
-587
2026
-66.13
-57
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

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

Company Description

Full Time Employees
62
Sector
Health technology
Industry
Medical specialties
Address
Seoul South Korea
IPO Date
Nov 20, 2015
Website
dxvx.com
Business
Dx & Vx Co., Ltd. is a South Korea-based biotechnology and integrated healthcare company engaged in molecular diagnostics, clinical genomics, health functional food manufacturing, and the development of next-generation biopharmaceuticals and vaccines. Founded in June 2001 and headquartered in Seoul, South Korea, the company was formerly known as MGMed Co., Ltd. and Cancer Rop Co., Ltd. before adopting the name Dx & Vx Co., Ltd. in December 2021. The company operates across multiple core business segments encompassing in vitro diagnostics, genomic profiling, consumer healthcare, contract development and manufacturing, and innovative drug discovery platforms. The company's core products and services encompass clinical genetic testing and genomic analysis services provided through the GenomeCheck platform, including GenomeCheck M non-invasive prenatal screening (NIPT) for fetal chromosomal abnormalities and GenomeCheck G chromosomal microarray analysis (CMA) for neonatal and pediatric genetic profiling; companion diagnostic solutions and in vitro diagnostic (IVD) test kits commercialized under the CLIDEX brand; healthcare functional foods, microbiome-based probiotics, postbiotics, and dietary supplements marketed under proprietary and partner brands such as Ofmom and BioD; contract development and manufacturing organization (CDMO) services for nutraceuticals and health supplements via its subsidiary Korea Biopharm Co., Ltd.; contract research (CRO), contract development (CDO), and contract sales (CSO) services for biotechnology and pharmaceutical partners; and proprietary biopharmaceutical therapeutic candidates, including OVM-200, a clinical-stage survivin-targeting peptide cancer vaccine; AVI-4015, a therapeutic candidate for dry eye disease; oral small-molecule GLP-1 receptor agonists for obesity and metabolic indications; the KRNA nucleic acid stabilization platform for ambient-temperature storage of mRNA and biologic formulations; and the Advanced Cell Penetrating Peptide (ACP) intracellular delivery platform developed by its majority-owned subsidiary Avixgen, Inc. Dx & Vx serves medical institutions, clinical laboratories, pharmaceutical enterprises, academic research organizations, and retail consumers across domestic and international markets, maintaining operational and commercial presence in South Korea, China, the United States, and Latin America. The company also maintains strategic and operational affiliations with the Coree Group. In recent corporate developments, Dx & Vx has executed multiple strategic transactions, technology transfers, and pipeline advancements to expand its global footprint. In 2025, the company signed a global co-development and licensing agreement with a U.S.-based biotechnology company for its mRNA-based cancer vaccine candidate, valued at up to 220 million USD in development milestones with additional long-term commercial sales milestones. In the same year, its subsidiary Avixgen entered into a 360 million USD out-licensing transaction with a U.S. biopharmaceutical company for its ACP drug delivery platform. The company also secured Asian development and commercial rights for the OVM-200 peptide cancer vaccine, completed Phase 1 clinical studies, and advanced the program toward Phase 2 clinical trials. Furthermore, Dx & Vx acquired global development rights to a ferritin-based nanoparticle universal coronavirus vaccine platform from Stanford University and executed material transfer agreements across Latin America to evaluate and deploy its KRNA room-temperature nucleic acid stabilization platform in regions with limited cold-chain infrastructure. In September 2026, the company appointed Yong-Gu Lee as Chief Executive Officer to direct global commercialization strategies and drive revenue expansion across key markets in China, North America, and other international jurisdictions.