SCL Science: Revenue Surges on Expansion, but Debt Ratio Soars to 240% and Net Loss Widens


  • Consolidated revenue: KRW 22.0 billion (+365% YoY); Operating loss: KRW 3.4 billion (improved from KRW 3.7 billion); Net loss: KRW 4.1 billion (widened from KRW 3.7 billion)
  • Total assets: KRW 79.9 billion; Total liabilities: KRW 56.4 billion; Debt ratio: 240% (up from 55%); Current ratio: 95% (down from 158%)
  • No dividends or share buybacks/cancellations; Accumulated deficit: KRW 43.4 billion
  • Major changes in 2025: Comprehensive stock exchange with SCL Healthcare, acquisition of Yeongnam/Honam bio-logistics businesses, acquisition of Neogen Logic stake
  • Issued 3rd series convertible bonds worth KRW 140 billion (Jan 2025); 1:3 bonus issue
  • InnoSEAL Plus DL received approval and insurance coverage; expansion of bio-logistics and digital healthcare
  • R&D expenditure: KRW 1.8 billion (10% of revenue)
  • Key risks: high debt ratio, continued operating losses, increased interest burden from CBs and borrowings

KOSDAQ Filing Information


  • Filing: [Correction of Description] Business Report (2025.12)
  • Company: SCL Science (246960)
  • Submission: SCL Science Inc.
  • Receipt: 05-15-2026
  • Consolidated section included