BioNote, Inc.

BioNote, Inc.

KKRX:377740
4,590.00
KRW
+60.00
(+1.32%)
-1,247.78EPS
458.93BMarket Cap
Nov 12Next Earn
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
7,608.18
6,749.87
6,652.18
5,106.72
883.38
1,008.06
1,169.74
1,255.91
Basic EPS, GAAP
3,916
5,646
7,232
3,277
-201
542
-865
-1,248.75
Free Cash Flow per Basic Share
1,581.16
2,278.85
5,193.09
2,199.76
-85.67
465.24
60.42
412.13
Dividend per Share
- -
- -
534
531.89
489.54
200.19
200.41
- -
Book Value per Share
1,085.41
6,269.34
12,490.71
15,706.85
15,252.17
16,137.75
14,975.07
15,390.7
Tangible Book Value per Share
1,082.41
6,266.89
12,433.12
15,637.15
15,151.61
16,095.17
14,942.17
15,362.91
Basic Weighted Avg Shares
5
94
94
94
102
102
101
101
Sales/Revenue/Turnover
40,047
631,505
622,355
479,657
90,081
102,780
118,324
126,407
Operating Margin (%)
24.79
88.37
75.32
61.59
-52.22
11.89
14.21
16.32
Depreciation Expense
1,410
1,887
4,106
6,451
8,206
8,186
9,227
9,891
Net Income, GAAP
20,613
528,229
676,601
307,798
-20,497
55,261
-87,498
-125,685
Effective Tax Rate (%)
18.26
24.02
22.22
25.79
- -
24.64
- -
- -
Profit Margin (%)
51.47
83.65
108.72
64.17
-22.75
53.77
-73.95
-99.43
Working Capital
7,755
389,516
522,435
775,331
445,677
442,045
393,705
413,621
LT Debt
50
207
474
893
3,594
2,538
2,158
1,774
Total Equity
110,577
638,696
1,272,504
1,600,152
1,556,576
1,635,773
1,511,247
1,550,656
Return on Invested Capital (%)
- -
93.32
33.95
14.64
- -
0.57
- -
- -
Return on Capital (%)
- -
138.73
70.77
21.42
- -
3.46
- -
- -
Return on Common Equity (%)
- -
141
70.8
21.43
-1.3
3.46
-5.56
-7.79

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,493
1,471
1,437
LT Borrowings
- -
- -
- -
LT Finance Leases
2,158
1,864
1,774
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
101
101
101
Market Capitalization
552,019
509,809
458,929

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
406,824
443,562
437,210
Cash, Cash Equivalents & STI
339,813
363,351
368,274
Accounts Receivable, Net
31,460
31,737
27,656
Inventories
27,693
29,595
31,408
Total Current Liabilities
13,119
43,715
23,589
Payables & Accruals
- -
- -
- -
ST Debt
1,493
1,471
1,437
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
23.95%
-7.61%
Free Cash Flow
- -
-152.79%
-87.12%
Net Income, GAAP
- -
-152.2%
-258.33%
Sales/Revenue/Turnover
- -
-15.28%
15.12%
Total Cash Common Dividend
- -
- -
-0.68%

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
25,309
26,278
26,450
24,744
102,780
2025
28,446
32,406
29,500
27,973
118,324
2026
32,567
36,368
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
166
66
201
109.86
542
2025
40
834
177.52
-1,931.59
-865
2026
410.82
90.21
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
200.19
2025
- -
- -
- -
- -
200.41
2026
- -
- -
- -
- -
- -

Company Description

CEO
Byung-Ki Cho
Full Time Employees
334
Sector
Health technology
Industry
Medical specialties
Address
Hwaseong-si South Korea
IPO Date
Dec 22, 2022
Business
BioNote, Inc. develops, manufactures, and commercializes in-vitro diagnostic products and bio-raw materials for the veterinary and life sciences industries worldwide. The company operates through two primary business divisions: Animal Diagnostics and Bio Raw Materials. Its animal diagnostic portfolio comprises point-of-care fluorescent immunoassay analyzers and quantitative biomarker test kits marketed under the Vcheck brand, including the Vcheck V200 and Vcheck V2400 systems for evaluating cardiac, inflammatory, pancreatic, renal, and endocrine biomarkers; rapid diagnostic test kits under the Anigen brand utilizing lateral flow immunochromatographic assays for screening canine, feline, bovine, swine, and avian infectious diseases; automated point-of-care molecular diagnostic systems, including the cartridge-based Vcheck M10 real-time PCR platform; compact clinical chemistry analyzers under the Vcheck C and Vcheck C1 series; automated hematology analyzers under the Vcheck H and Vcheck H6 lines; integrated urine chemistry and sediment analyzers under the Vcheck U line; and microplate enzyme-linked immunosorbent assay (ELISA) kits for high-throughput livestock disease surveillance and laboratory diagnosis. Its bio-raw materials division produces and supplies recombinant antigens, monoclonal and polyclonal antibodies, and diagnostic enzymes to global medical and veterinary diagnostic manufacturers, including its affiliate SD Biosensor. Founded in 2003 and headquartered in Hwaseong-si, South Korea, BioNote distributes its solutions across North America, Europe, Asia-Pacific, Latin America, and the Middle East, supported by regional subsidiaries including Bionote USA, Inc. In recent developments, BioNote expanded its comprehensive veterinary point-of-care platform with the commercial launch of the Vcheck M10 molecular analyzer, the Vcheck C1 biochemistry analyzer, and enhanced biomarker tests such as SDMA 2.0; accelerated its North American market penetration through strategic distribution partnerships with MWI Animal Health, Covetrus, and The Veterinary Cooperative; and strengthened its global operational footprint to expand product distribution across international veterinary hospital and laboratory networks.