Plasmapp Signs 3.5 Billion Won Sterilizer Supply Contract with North American Master Distributor, Boosting Revenue Outlook

Plasmapp has entered into a supply contract with Qmed Master Distribution, its North American master distributor, for U510 and STERI700 sterilizers.
The contract is valued at approximately 3.53 billion KRW, representing 41.6 percent of Plasmapp's 2025 consolidated revenue of 8.48 billion KRW.
Under the payment terms, 50 percent is due upon product receipt and the remaining balance within 45 days thereafter.
This contract strengthens Plasmapp's revenue base in the US market and provides a stable source of earnings.
The contract period is one year ending June 2027, and production will be outsourced.
[AI Summary]Plasmapp's large supply contract with a North American master distributor, exceeding 40 percent of its revenue, signals a bright outlook for earnings improvement. It is expected to drive cash flow enhancement and market confidence, positively impacting the stock price.