GBAF Logo
Global Banking & Finance Awards® 2026 Nominations open, free to enter Nominate now →
B

BitMax Co 377030.KQ · KRW

Information Technology · KOSDAQ · 🇰🇷 South Korea

Compare

1,781

-5.42%

Close of 9 Nov 2026, in KRW

Search any instrument

Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in KRW, from our data supplier.

FY2025

Revenue

₩27.21bn

FY2018FY2025

Net income

−₩96.22bn

FY2018FY2025

Free cash flow

−₩93.20bn

FY2018FY2025

Shareholders' equity

₩10.61bn

FY2018FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Revenue₩27.21bn₩37.17bn₩1.77bn₩2.90bn₩2.37bn₩1.98bn₩1.22bn₩1.29bn
Research and development₩278.7m₩2.63bn₩1.35bn₩1.08bn₩535.4m₩533.6m——
Operating income—−₩25.72bn−₩16.52bn−₩13.47bn−₩4.31bn—−₩1.71bn−₩1.10bn
Net income−₩96.22bn−₩26.78bn−₩13.23bn−₩14.91bn−₩4.32bn−₩8.92bn−₩9.73bn−₩1.11bn
Diluted earnings per share-8,997.26-884.56-676.05-761.74-252.82-522.70-570.10-63.49

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Total assets₩107.16bn₩28.54bn₩51.64bn₩66.91bn₩18.56bn₩6.96bn₩7.63bn₩1.99bn
Cash and short-term investments—₩3.19bn₩28.02bn₩57.84bn₩14.09bn₩3.78bn₩6.44bn₩1.45bn
Total liabilities₩96.55bn₩14.28bn₩26.12bn₩28.69bn₩3.03bn₩2.61bn₩18.92bn₩6.69bn
Debt₩1.60bn₩5.54bn₩11.31bn₩9.73bn₩926.5m₩1.24bn₩172.0m₩304.4m
Shareholders' equity₩10.61bn₩14.25bn₩25.52bn₩38.22bn₩15.53bn₩4.35bn−₩11.29bn−₩4.70bn
Shares outstanding11m30m20m20m17m17m17m17m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Cash from operations−₩10.50bn−₩16.83bn−₩20.95bn−₩8.36bn−₩3.42bn−₩1.62bn−₩1.22bn−₩3.25bn
Capital spending−₩82.70bn−₩159.4m−₩451.5m−₩330.7m−₩866.7m−₩943.7m−₩515.8m−₩47.4m
Free cash flow−₩93.20bn−₩16.99bn−₩21.40bn−₩8.69bn−₩4.28bn−₩2.57bn−₩1.74bn−₩3.30bn

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue₩4.53bn₩6.14bn₩6.54bn₩6.78bn₩6.22bn₩7.68bn₩9.89bn₩8.39bn
Operating income——₩115.3m—−₩2.73bn−₩3.42bn—−₩4.61bn
Net income−₩9.03bn−₩16.57bn−₩20.36bn−₩5.87bn−₩65.73bn−₩4.26bn−₩13.81bn−₩5.04bn
Diluted earnings per share-704.55-1,549.81-1,904.19-630.42-7,061.96-114.33-456.19-225.43
Cash from operations−₩1.59bn−₩1.74bn−₩2.72bn−₩3.79bn−₩2.65bn−₩1.35bn−₩16.83bn−₩10.33bn
Capital spending−₩63.0m−₩6.0m−₩33.0m−₩40.79bn−₩28.59bn−₩13.29bn−₩159.0m−₩1.28bn
Free cash flow−₩1.66bn−₩1.74bn−₩2.75bn−₩44.58bn−₩31.24bn−₩14.63bn−₩16.99bn−₩11.61bn
Total assets₩73.59bn₩80.42bn₩107.16bn₩149.90bn₩115.07bn₩69.06bn₩28.54bn₩45.34bn
Cash and short-term investments—————₩30.26bn₩3.19bn₩9.33bn
Debt₩800.0m₩1.60bn₩1.60bn₩1.60bn₩1.60bn₩3.04bn₩5.54bn₩3.73bn
Shareholders' equity₩887.3m−₩4.85bn₩10.61bn₩29.79bn₩21.42bn₩17.84bn₩14.25bn₩12.10bn

Financial ratios

Data as of 23 Sept 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Operating margin—-69.2%-935.9%-465.2%-182.3%—
Net margin-353.6%-72.0%-749.4%-514.7%-182.5%-449.9%
Return on equity-906.7%-187.9%-51.8%-39.0%-27.8%-205.1%
Return on assets-89.8%-93.8%-25.6%-22.3%-23.3%-128.2%
Revenue growth-26.8%2005.4%-39.0%22.4%19.4%63.0%
Earnings growth259.3%102.4%-11.2%245.1%-51.6%-8.3%
Current ratio0.26x1.00x1.65x2.24x8.55x3.45x
Debt to equity0.15x0.32x0.39x0.23x0.00x0.02x
Equity ratio9.9%49.9%49.4%57.1%83.7%62.5%
Interest coverage—-10.83x-8.90x-47.11x-106.21x—
R&D as a share of sales1.0%7.1%76.2%37.4%22.6%26.9%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue111.0%68.9%—
Net income86.2%60.9%—

Average margins

Over each period

1 year3 years5 years10 years
Net margin-191.0%-218.9%-224.0%—

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021
Price to earnings-0.7-5.7-36.3-55.9-463.2
Price to sales2.54.1272.1287.5—

Dividends and splits

Per share, in the currency the company pays

Paid for 0 years.

  • 787-for-689 split · 27 Sept 2024
  • 2-for-1 split · 18 Apr 2022
  • 815-for-798 split · 25 Feb 2022

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.