1. H1 2025 Earnings: Profitability Returns, but Revenue Decline Persists

Innometri reported revenue of KRW 10.6 billion (a 38% YoY decrease), operating profit of KRW 900 million (8.5% margin), and net income of KRW 500 million (4.7% margin) for H1 2025. The revenue decline was attributed to the base effect of large orders in 2024 and challenging market conditions, but the company managed to achieve a return to profitability.

2. 2차전지 Market Growth: An Opportunity for Innometri?

The growing global electric vehicle and ESS markets are expected to drive demand for Innometri’s 2차전지 inspection equipment. Furthermore, its expansion into semiconductor inspection (HBM, glass substrates) and battery recycling offers new growth avenues.

3. Investment Outlook: Long-Term Growth Potential vs. Short-Term Uncertainties

With a solid financial foundation and strong technological capabilities, Innometri possesses significant long-term growth potential. However, investors should consider short-term risks, including declining revenue, slowing profitability, and exchange rate volatility.

4. Investor Action Plan: Continuous Monitoring and Further Analysis Needed

  • Closely monitor future earnings and order intake.
  • Keep a close eye on risk factors such as exchange rate fluctuations and intensifying competition.
  • The Q3 earnings release will be crucial in assessing whether Innometri can regain its growth momentum.