Davolink Inc.

Davolink Inc.

KKRX:340360
966.00
KRW
+56.00
(+6.15%)
-154.50EPS
63.98BMarket Cap
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
1,869.23
2,092.55
1,520.3
1,780.59
1,519.86
1,425.39
1,350.23
Basic EPS, GAAP
-6
138
-363
-144
-42
-130
-113
-141.5
Free Cash Flow per Basic Share
-7.69
-111.53
-119.2
-48.84
-80.57
-34.45
-55.56
122.38
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
1,937.83
1,422.66
537.94
411.26
387.43
257.47
291.2
228.38
Tangible Book Value per Share
1,937.83
1,414.62
536.4
408.01
383.17
255.69
288.67
226.04
Basic Weighted Avg Shares
2
34
37
43
42
43
44
47
Sales/Revenue/Turnover
- -
63,461
77,546
64,859
75,369
65,921
63,202
63,517
Operating Margin (%)
- -
5.33
0.38
-4.53
-1.2
-2.5
-3.01
-2.85
Depreciation Expense
- -
452
541
671
737
739
640
719
Net Income, GAAP
-12
4,685
-13,452
-6,143
-1,778
-5,639
-5,010
-6,656
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
7.38
-17.35
-9.47
-2.36
-8.55
-7.93
-10.48
Working Capital
14,939
4,847
18,544
13,703
13,627
4,923
4,007
-2,299
LT Debt
1,626
367
1,967
217
34
295
365
277
Total Equity
13,264
9,738
22,007
17,587
16,810
11,171
15,161
12,106
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
40.74
-84.75
-31.03
-10.34
-40.3
-38.06
-62.12

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
13,851
14,098
12,767
LT Borrowings
- -
- -
- -
LT Finance Leases
365
310
277
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
52
52
53
Market Capitalization
73,669
85,019
63,980

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
29,138
29,333
26,554
Cash, Cash Equivalents & STI
11,847
4,570
3,847
Accounts Receivable, Net
3,939
6,180
6,110
Inventories
6,128
9,288
6,568
Total Current Liabilities
25,131
29,419
28,854
Payables & Accruals
- -
- -
- -
ST Debt
13,851
14,098
12,767
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
20.73%
35.71%
Free Cash Flow
- -
7.24%
64.87%
Net Income, GAAP
- -
-61.3%
-11.14%
Sales/Revenue/Turnover
- -
1.07%
-4.13%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
16,092
16,126
19,771
13,932
65,921
2025
12,565
16,346
20,661
13,631
63,202
2026
12,574
16,652
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.12
-39
-9
-82.25
-130
2025
-108
42
50.16
-97.97
-113
2026
-82.38
-6
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

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

Company Description

Full Time Employees
88
Sector
Electronic technology
Industry
Computer communications
Address
Anyang-si South Korea
IPO Date
Dec 19, 2019
Business
Davolink Inc. is a South Korea-based telecommunications and networking equipment company specializing in the design, development, and manufacture of wired and wireless communication systems, network infrastructure devices, and intelligent software solutions. Founded in June 2000 and headquartered in Anyang-si, Gyeonggi-do, South Korea, the company primarily serves major domestic telecommunications carriers—including KT, SK Broadband, and LG Uplus—alongside corporate enterprises, educational institutions, and public sector organizations across South Korea and select international markets. The company completed its public listing on the KOSDAQ exchange in August 2021 through a merger with Yuanta Happy No. 6 Special Purpose Acquisition Company. The company operates across multiple core product and service segments: wireless networking equipment, including carrier-grade indoor and outdoor Access Points marketed under the SmartAir brand, Wi-Fi 6 and Wi-Fi 6E mesh routers, and consumer wireless gateways; centralized network management infrastructure, featuring domestically developed proprietary Access Point Controllers, wireless LAN management systems, and cloud-enabled traffic optimization software; wired access and voice equipment, comprising Voice over Internet Protocol gateways, optical network terminals, and multi-service broadband home gateways; and emerging technology offerings, spanning AI-driven robotics integrated control platforms, intelligent video surveillance equipment, and virtual studio content and avatar production services. In recent developments, Davolink has undertaken significant strategic and operational shifts aimed at diversifying its revenue base beyond legacy network hardware. The company has expanded into emerging high-growth industries, establishing strategic business initiatives in artificial intelligence robotics control platforms, unmanned aerial vehicle and drone technologies, aerospace defense solutions, and eco-friendly biodegradable materials in collaboration with industrial partners including Ecovia and KMC. Furthermore, Davolink has implemented corporate governance and executive management reorganizations, pursued capital increases through equity financing to support operational liquidity and research into next-generation communications, and realigned its core engineering focus toward AI-enhanced connectivity and automated industrial ecosystems.