SolDefense Co., Ltd.

SolDefense Co., Ltd.

KKRX:215090
1,297.00
KRW
-116.00
(-8.21%)
-38.78EPS
30.37BMarket Cap
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
- -
- -
7,673.15
6,080.46
4,323.91
3,220.23
608.33
976.11
1,013.41
5,902.25
1,181.42
1,234.52
Basic EPS, GAAP
58.5
85
275
-455
-1,405
-520
-3,800
2,035
-895
2,980
137
-39.04
Free Cash Flow per Basic Share
-34.65
122.93
-717.96
-375.75
-845.93
83.15
-959.91
-349.1
-456.61
944.29
5.36
130.65
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
9,596.79
9,681.72
7,039.16
5,274.89
3,898.38
3,911.81
298.73
2,333.09
1,438.71
2,056.49
2,288.26
2,188.68
Tangible Book Value per Share
9,596.79
9,681.72
6,780.51
4,991.04
3,669.2
3,748.01
253.92
2,288.28
1,393.89
2,016.36
1,943.99
1,845.9
Basic Weighted Avg Shares
1
1
3
3
4
6
14
16
16
4
23
23
Sales/Revenue/Turnover
- -
- -
19,389
20,784
17,796
18,408
8,447
15,656
16,254
21,757
26,761
28,480
Operating Margin (%)
- -
- -
8.05
4
-18.32
1.52
-119.86
-18.21
-14.45
23.25
5.11
-4.55
Depreciation Expense
- -
- -
599
732
1,030
729
775
83
130
139
761
883
Net Income, GAAP
56
93
695
-1,555
-5,782
-2,972
-52,766
32,640
-14,355
10,985
3,103
-901
Effective Tax Rate (%)
22
7.53
2.21
- -
- -
- -
- -
0.04
- -
- -
- -
- -
Profit Margin (%)
- -
- -
3.58
-7.48
-32.49
-16.15
-624.66
208.48
-88.32
50.49
11.6
-3.16
Working Capital
11,909
12,046
3,528
11,775
5,681
15,003
-1,622
31,019
17,120
32,347
36,345
31,232
LT Debt
1,280
1,330
1,382
1,366
578
533
932
542
514
515
2,039
2,074
Total Equity
10,556
10,650
7,743
19,103
15,753
20,419
4,795
37,446
23,091
40,967
52,178
49,908
Return on Invested Capital (%)
- -
-0.31
11.52
- -
- -
- -
- -
-6.21
- -
- -
- -
- -
Return on Capital (%)
- -
1.17
10.54
- -
- -
- -
- -
72.79
- -
- -
- -
- -
Return on Common Equity (%)
- -
0.88
7.56
-11.59
-33.18
-16.44
-418.55
154.54
-47.42
34.3
6.66
-1.81

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
444
395
367
LT Borrowings
1,563
1,610
1,660
LT Finance Leases
476
400
414
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
23
23
23
Market Capitalization
53,244
59,629
30,373

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
41,351
38,771
40,861
Cash, Cash Equivalents & STI
24,096
17,436
19,559
Accounts Receivable, Net
2,527
3,230
2,706
Inventories
11,851
14,149
14,683
Total Current Liabilities
5,006
5,888
9,629
Payables & Accruals
- -
- -
- -
ST Debt
444
395
367
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
80.33%
134.19%
27.37%
Free Cash Flow
-510.11%
-635.11%
-96.51%
Net Income, GAAP
173.26%
224.21%
-71.75%
Sales/Revenue/Turnover
- -
18.38%
23%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4,769
6,361
4,329
6,298
21,757
2025
5,790
8,684
5,872
6,415
26,761
2026
8,695
7,498
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
140
130
115
296.35
2,980
2025
105
390
-10.77
48.04
137
2026
-24.71
-52
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

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

Company Description

CEO
Byeong-Gyeong Lee
Full Time Employees
107
Sector
Electronic technology
Industry
Aerospace & defense
Address
Anyang-si South Korea
IPO Date
Apr 28, 2015
Business
SolDefense Co., Ltd. is a South Korea-based defense information technology and simulation systems provider that specializes in developing virtual reality training solutions, synthetic simulation environments, and integrated logistics support architectures for military and specialized commercial applications. The company operates through core business segments comprising Virtual Simulation, Defense IT Solutions, and Integrated Logistics Support (ILS). Its product and service portfolio includes Computer Based Training (CBT) software; Virtual Reality (VR) and digital twin-enabled tactical combat simulators; Interactive Electronic Technical Manuals (IETM) designed for advanced military aircraft, naval vessels, and armored land vehicles; comprehensive Integrated Logistics Support (ILS) software and lifecycle engineering services; synthetic environment modeling and simulation tools; embedded military-grade computing hardware; and specialized diagnostic test equipment for defense electronic systems. SolDefense Co., Ltd. primarily serves the Republic of Korea Armed Forces, government defense procurement agencies including the Defense Acquisition Program Administration (DAPA), and tier-one defense contractors, with expanding operations into allied international markets across the Asia-Pacific region. In recent developments, the company executed a corporate rebranding from Soltworks Co., Ltd. to SolDefense Co., Ltd. to underscore its strategic focus on specialized military defense technologies and next-generation synthetic simulation architectures. Operationally, the company has completed structural reorganizations to streamline non-core operations, entered strategic collaborative agreements with major domestic aerospace and defense contractors to co-develop artificial intelligence-driven combat training platforms, and completed targeted capital restructuring and financing rounds to fund research and development in autonomous simulation algorithms and digital-twin maintenance systems. Founded in 2008, SolDefense Co., Ltd. is headquartered in Seoul, South Korea.