Speeer FY 2025 Annual Report
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Filed: March 18, 2026· period ending December 31, 2025DART

Speeer annual report for FY 2025, filed with DART (Korea Financial Supervisory Service) on March 18, 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).

Speeer FY 2025 Annual Report Analysis

Business Overview

  • Aerospace special alloy supply revenue KRW 79.2B in FY2025, newly reported post-merger
  • Acquired 10% stake in Indonesia's Excelsior Nickel Cobalt Project (ENC Project) on December 31, 2025

Management Discussion & Analysis

  • Revenue KRW 95.64B (+11.95% YoY), operating profit KRW 9.05B (-40.36%), net income KRW 170M (-98%) in FY2025
  • Aerospace special alloy segment newly added via merger with unlisted aerospace company in March 2025, driving operating profit turnaround to black

Risk Factors

  • Derivative asset: KRW 25.5B call option on 4th convertible bonds at fiscal year-end 2025
  • Derivative liability: KRW 3.31B put option on 4th convertible bonds at fiscal year-end 2025

Speeer FY 2025 Key Financial Metrics
DART

Total Assets

KRW 95.4B

+150.4% YoY

Operating Cash Flow

-KRW 14.7B

-438.5% YoY

CapEx

-KRW 44.1M

-106.1% YoY

Source: KIFRS consolidated financial data from Speeer 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