Duyuru • Mar 26
Smart Radar System Inc. announced that it has received KRW 25 billion in funding from JC Asset Management Co., Ltd and other investors. On March 25, 2026, Smart Radar System Inc closed the transaction. Duyuru • Mar 18
Smart Radar System Inc. announced that it expects to receive KRW 25 billion in funding from JC Asset Management Co., Ltd and other investors. Smart Radar System Inc announced a private placement to issue Series 2 unsecured private placement convertible bonds for the proceeds of KRW 25,000,000,000 on March 17, 2026. Transaction involves participation of Shinhan TheCredit1 KOSDAQ Venture General Private Equity Investment Trust for KRW 2,000,000,000, Mark KOSDAQ Venture General Private Equity Investment Trust No. 13 for KRW 2,000,000,000, Skywalk theH KOSDAQ Venture General Private Equity Investment Trust No. 4 for 1,600,000,000 and other investors. Bonds bear no interest and no yield to maturity. Bond matures on March 25, 2031 and conversion price is KRW 6,795. Transaction is approved by board of directors and is expected to close by March 25, 2026. Bonds are restricted for 1 year from closing. Duyuru • Dec 02
Smart Radar System Inc. announced that it has received KRW 5.91772302 billion in funding from LG Innotek Co., Ltd. On December 1, 2025, Smart Radar System Inc. closed the transaction. Reported Earnings • Nov 19
Third quarter 2025 earnings released: ₩78.00 loss per share (vs ₩101 loss in 3Q 2024) Third quarter 2025 results: ₩78.00 loss per share (improved from ₩101 loss in 3Q 2024). Revenue: ₩1.83b (up 93% from 3Q 2024). Net loss: ₩1.23b (loss narrowed 22% from 3Q 2024). Duyuru • Sep 03
Smart Radar System Inc. announced that it expects to receive KRW 5.91772302 billion in funding from LG Innotek Co., Ltd. Smart Radar System Inc. announced a private placement to issue 807,770 common shares at an issue price of KRW 7,326 per share for gross proceeds of KRW 5,917,723,020 on September 2, 2025. The transaction has been approved by shareholders, expected to close on December 1, 2025 and restricted to a hold period. The transaction will include participation from new investor LG Innotek Co., Ltd. Reported Earnings • Aug 16
Second quarter 2025 earnings released: EPS: ₩74.00 (vs ₩6.00 in 2Q 2024) Second quarter 2025 results: EPS: ₩74.00 (up from ₩6.00 in 2Q 2024). Revenue: ₩2.62b (up 187% from 2Q 2024). Net income: ₩1.16b (up ₩1.07b from 2Q 2024). Profit margin: 44% (up from 10% in 2Q 2024). The increase in margin was driven by higher revenue. New Risk • Jul 01
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₩133.3b (US$98.5m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Revenue is less than US$5m (₩4.8b revenue, or US$3.6m). Market cap is less than US$100m (₩133.3b market cap, or US$98.5m). New Risk • Apr 05
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₩145.6b (US$99.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (9.5% average weekly change). Revenue is less than US$5m (₩4.7b revenue, or US$3.2m). Market cap is less than US$100m (₩145.6b market cap, or US$99.7m). Reported Earnings • Mar 22
Full year 2024 earnings released: ₩416 loss per share (vs ₩379 loss in FY 2023) Full year 2024 results: ₩416 loss per share (further deteriorated from ₩379 loss in FY 2023). Revenue: ₩4.74b (up 16% from FY 2023). Net loss: ₩6.46b (loss widened 27% from FY 2023). Revenue is forecast to grow 76% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Electronic industry in South Korea. Duyuru • Feb 22
Smart Radar System Inc., Annual General Meeting, Mar 26, 2025 Smart Radar System Inc., Annual General Meeting, Mar 26, 2025, at 09:00 Tokyo Standard Time. Location: convention hall, 322, yanghyeon-ro, bundang-gu, gyeonggi-do, seongnam South Korea New Risk • Dec 09
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₩136.2b (US$95.1m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risks Shareholders have been diluted in the past year (4.3% increase in shares outstanding). Revenue is less than US$5m (₩5.2b revenue, or US$3.6m). Market cap is less than US$100m (₩136.2b market cap, or US$95.1m). New Risk • Aug 30
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 9.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (9.1% average weekly change). Shareholders have been diluted in the past year (4.9% increase in shares outstanding). Revenue is less than US$5m (₩5.3b revenue, or US$4.0m). Market cap is less than US$100m (₩119.7b market cap, or US$89.8m). New Risk • Jul 26
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₩132.7b (US$95.8m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Revenue is less than US$5m (₩5.2b revenue, or US$3.8m). Market cap is less than US$100m (₩132.7b market cap, or US$95.8m). Duyuru • May 19
Smart Radar System Inc. announced that it has received KRW 10 billion in funding from a group of investors On May 17, 2024, Smart Radar System Inc., closed the transaction.