ICTK Co., Ltd.

ICTK Co., Ltd.

KKRX:456010
17,250.00
KRW
-380.00
(-2.16%)
-1,031.45EPS
251.76BMarket Cap
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
162.67
344.94
421.78
723.53
536.5
300.31
368.55
Basic EPS, GAAP
-1,008
-906
-1,770
-1,056
-467
-499
-1,031.45
Free Cash Flow per Basic Share
-925.54
-639.52
-781.33
-189.72
-784.85
-362.04
-624.51
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-1,512.25
-1,597.33
-2,371.76
716.85
3,239.61
3,161.45
3,373.53
Tangible Book Value per Share
-1,572.33
-1,676.07
-2,445.2
645.82
2,989.6
2,794.16
3,047.33
Basic Weighted Avg Shares
5
6
6
9
12
13
14
Sales/Revenue/Turnover
847
2,000
2,567
6,188
6,684
4,020
5,104
Operating Margin (%)
-599.52
-155.32
-129.91
-38.22
-100.03
-220.49
-169.15
Depreciation Expense
482
506
369
578
1,028
1,769
2,197
Net Income, GAAP
-5,251
-5,253
-10,772
-9,031
-5,818
-6,680
-14,285
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-619.64
-262.65
-419.65
-145.95
-87.04
-166.16
-279.86
Working Capital
-21,246
-22,545
-32,752
7,187
32,378
25,399
31,424
LT Debt
285
162
63
- -
1,329
937
760
Total Equity
-19,848
-20,964
-31,128
9,408
43,012
43,950
46,898
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
-22.2
-15.36
-34.09

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
534
552
552
LT Borrowings
- -
- -
- -
LT Finance Leases
937
874
760
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
14
14
14
Market Capitalization
229,798
192,124
251,763

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
52,703
52,028
52,586
Cash, Cash Equivalents & STI
48,310
47,468
45,798
Accounts Receivable, Net
160
174
461
Inventories
1,263
1,158
1,547
Total Current Liabilities
27,305
27,496
21,162
Payables & Accruals
- -
- -
- -
ST Debt
534
552
552
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
56.65%
2.18%
Free Cash Flow
- -
78.29%
-50.43%
Net Income, GAAP
- -
13.64%
14.82%
Sales/Revenue/Turnover
- -
54.71%
-39.85%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
522
1,639
2,129
- -
6,684
2025
414
830
399
2,377
4,020
2026
605
1,724
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-378.79
-125
-137
- -
-467
2025
-163
-314
-187.02
157.03
-499
2026
-82.38
-904
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

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

Company Description

CEO
Jung-Won Lee
Full Time Employees
70
Sector
Electronic technology
Industry
Semiconductors
Address
3rd Floor, 323, Pangyo-ro Seoul SL South Korea 06241
IPO Date
May 17, 2024
Website
ictk.com
Business
ICTK Co., Ltd. is a South Korea-based company specializing in the research, development, manufacture, and sale of advanced semiconductor security products and solutions. Its core product portfolio includes security IP based on Physically Unclonable Function (PUF) technology; hardware root of trust (HRoT) modules; security chips; security modules and systems; and post-quantum cryptography (PQC) services aimed at providing quantum-resistant security solutions. ICTK offers authentication solutions covering device-to-network interactions and telecommunications, with applications in Internet of Things (IoT) security, payment device certification, and secure connectivity infrastructure. The company operates primarily in South Korea and internationally with an established U.S. branch, servicing global IT, telecom, and semiconductor clients. ICTK was founded in 2001 and is headquartered in Seongnam-si, South Korea. In recent developments over the last two years, ICTK has undergone a name change from ICTK Holdings to ICTK and listed on the KOSDAQ stock exchange in 2024. The company established a US branch in 2024 to expand its international footprint. It has secured strategic partnerships including a joint development and investment agreement with BTQ Technologies for the development of the QCIM secure-element platform, backed by a $15 million investment. In 2023, ICTK signed an eID-related contract with a prominent Korean fabless semiconductor company and a memorandum of understanding (MoU) with a U.S. company for joint intellectual property proposals. ICTK continues to innovate in next-generation VPN equipment combining its proprietary VIA PUF technology with quantum-resistant encryption and has been recognized for advancing information security technology by the Korean Ministry of Science and ICT. Its PUF technology has been officially listed by the Global Semiconductor Alliance (GSA), confirming its leadership in providing a quantum-resilient chain of trust through silicon-based security solutions. ICTK serves industries including telecommunications, IoT device manufacturers, payment systems, and global tech customers, focusing on security hardware and software integration from chipsets to comprehensive security platforms. The company’s product categories extend from silicon IP cores to hardware security modules and system-level security solutions covering post-quantum cryptographic implementations supporting future-proof communications infrastructure. Its ongoing strategic expansions and technology collaborations underscore its commitment to leading the quantum-safe semiconductor security market worldwide.