Pharmaresearch FY 2025 Annual Report
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Filed: March 19, 2026· period ending December 31, 2025DART

Pharmaresearch annual report for FY 2025, filed with DART (Korea Financial Supervisory Service) on March 19, 2026. This page provides AI-powered English analysis including business overview, management discussion & analysis (MD&A), risk factors, and KIFRS consolidated financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE).

Pharmaresearch FY 2025 Annual Report Analysis

Business Overview

  • Revenue mix FY2025: medical devices 58.6%, cosmetics 24.6%, pharmaceutical products 15.4%, others 1.4%
  • Domestic launch of botulinum toxin product "Rientox 100 units" in April 2025 after Feb 1, 2024 approval

Management Discussion & Analysis

  • Revenue KRW 536.3B (+53% YoY), Operating Profit KRW 214.4B (+70%), Net Income KRW 168.3B (+89%) in FY2025
  • Export segment growth driven by expanded distribution and brand recognition in China, Japan, Southeast Asia, and North America

Risk Factors

  • KRW 9.72B pre-tax profit sensitivity to 10% won appreciation/depreciation against foreign currencies at fiscal year-end 2025
  • KRW 722.5B equity and net cash position with KRW 290.1B negative net borrowings at FY2025-end

Pharmaresearch FY 2025 Key Financial Metrics
DART

Total Assets

KRW 1.04T

+22.0% YoY

Operating Cash Flow

KRW 183.2B

+32.6% YoY

CapEx

KRW 29.7B

-18.4% YoY

Source: KIFRS consolidated financial data from Pharmaresearch annual report on DART. All figures in KRW.

Source: DART (Korea Financial Supervisory Service) · AI summaries generated from the original Korean filing (English output) · Beta: coverage is expanding