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MAXST Co Ltd

MAXST Co Ltd

377030 · KQ · Technology / Software - Infrastructure

1,780.00KRW-45.00 (-2.47%)

Price History

Full chart

Market Stats

Previous Close1,825.00
Open1,800.00
Day Range1,770.00 – 1,818.00
52-Week Range1,151.00 – 16,420.00
Volume8.17K
Market Cap30.77B
P/E (TTM)0.00
Forward P/E0.00
Dividend Yield0.00%
Beta1.73
50-Day Avg1,749.60
200-Day Avg3,296.67

About

Bitmax Co., Ltd operates a metaverse platform in South Korea and internationally. It operates through Software Advisory, Development, and Supply; IT Services; and Game Content segments. The company offers BITMAX AR SKD, an augmented reality (AR) development platform that provides image tracker and cloud recognizers, instant and object trackers, space and marker trackers, QR code and AR fusion trackers, and QR/barcode readers; and Widearth, a digital twin platform based on real space, which includes workspace, studio, and viewer capabilities. It also provides industrial AR solutions comprising AR inspection and AR remote; digital twin solutions; and smart glasses. In addition, the company invests in Bitcoin. Further, it develops hack-and-slash role-playing games on PC and mobile. The company was formerly known as MAXST Co., Ltd. and changed its name to Bitmax Co., Ltd in February 2025. Bitmax Co., Ltd was founded in 2010 and is headquartered in Seoul, South Korea.

Company Details

  • SectorTechnology
  • IndustrySoftware - Infrastructure
  • CEOMr. SangHyeok Hong
  • Employees29
  • HeadquartersSTAY 77 Buillding, Dogok-dong, Seoul, South Korea, Korea
  • Websitehttps://bitmax.im

Leadership

  • Mr. SangHyeok HongChairman of the Board & CEO · b. 1971
  • Mr. Byungwoong HanPresident · b. 1968
  • Mr. Jinhan ParkManaging Director · b. 1972
  • Mr. Seok KyungManaging Director · b. 1968
  • Mr. SangIl KimManaging Director · b. 1969

Financials

Income Statement

Currency: KRW2018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue1.29B1.22B1.98B2.37B2.90B1.77B37.17B27.21B
Growth (%)--5.31%+62.95%+19.40%+22.35%-39.04%+2005.36%-26.79%
Cost of Revenue--180.00M687.13M5.05M-28.85B23.19B
Gross Profit--1.80B1.68B2.89B1.77B8.32B4.03B
Gross Margin--90.92%70.97%99.83%100.00%22.37%14.80%
Operating Expense--4.32B5.98B16.36B18.29B34.11B12.62B
Operating Income-1.10B-1.71B-2.52B-4.30B-13.47B-16.52B-25.79B-8.59B
Operating Margin-85.61%-140.78%-126.87%-181.57%-465.16%-935.94%-69.39%-31.56%
EBITDA-----13.92B-10.20B-23.44B-85.69B
EBITDA Margin-----480.51%-577.95%-63.06%-314.87%
Net Income-1.11B-9.73B-8.92B-4.32B-14.91B-13.23B-26.78B-96.22B
Net Income Margin-86.22%-799.68%-449.95%-182.46%-514.71%-749.38%-72.03%-353.56%
R&D--533.60M535.36M1.08B1.35B2.63B278.74M
R&D as % of Total Revenue--26.91%22.62%37.35%76.22%7.08%1.02%
Interest Expense0017.00M40.62M285.98M1.86B2.37B9.40B
Interest Expense % of Total Revenue0.00%0.00%0.86%1.72%9.87%105.16%6.39%34.54%

Balance Sheet

Currency: KRW2018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets1.99B7.63B6.96B18.56B66.91B51.64B28.54B107.16B
Total Liabilities6.69B18.92B2.61B3.03B28.69B26.12B14.28B96.55B
Total Equity-4.70B-11.29B4.35B15.53B38.22B25.52B14.25B10.61B
Cash1.45B6.44B3.78B14.09B15.25B10.00B3.17B17.74B
Total Debt304.39M171.99M1.24B-----
Net Debt------3.22B74.15B

Cash Flow

Currency: KRW2018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-3.25B-1.22B-1.62B-3.42B-8.36B-20.95B-16.83B-10.50B
Investing Cash Flow255.99M-626.89M-841.47M-861.76M-47.63B17.77B12.67B-
Financing Cash Flow1.85B6.84B-196.11M14.59B57.15B-2.07B-2.70B-
Capital Expenditure47.40M515.85M943.65M866.74M330.68M451.47M159.40M82.70B
Free Cash Flow---2.57B-4.93B-9.22B-21.40B-16.99B-93.20B
FCF to OCF--158.17%144.11%110.35%102.15%100.95%887.73%

Earnings

Report DateSep 30, 2021Dec 31, 2021Mar 31, 2022Jun 30, 2022Sep 30, 2022Dec 31, 2022Mar 31, 2023Jun 30, 2023Sep 30, 2023Dec 31, 2023Mar 31, 2024Jun 30, 2024Sep 30, 2024Dec 31, 2024Mar 31, 2025Jun 30, 2025Sep 30, 2025Dec 31, 2025Mar 31, 2026Jun 30, 2026
EPS Estimate--------------------
EPS Actual-220.28-192.83-323.52-454.40-521.67-1418.61-661.04-243.96-749.02-713.44-1071.08-347.55-1029.91-2470.51-501.04-7061.96-630.42-2171.46-1568.30-841.55
Surprise--------------------
Timing--------------------

Key Statistics & Ratios

Market Cap30.77B
Enterprise Value86.48B
Trailing P/E0.00
Forward P/E0.00
Price / Sales1.28
Price / Book32.99
Revenue (TTM)23.99B
Gross Profit (TTM)3.26B
EBITDA-4.95B
Profit Margin-216.09%
Operating Margin-17.20%
Return on Equity-464.88%
Return on Assets-3.90%
Shares Outstanding14.28M
Shares Float7.36M
Beta1.73
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Stock Splits

  • Apr 30, 20261:4
  • Sep 27, 2024787:689
  • Apr 18, 20222:1
  • Feb 25, 2022815:798