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INNOAX

INNOAX Signs 3.48 Billion Won Contract with Samsung SDS for Samsung Life System Advancement, Boosting Revenue Outlook

  • INNOAX has signed a contract with Samsung SDS for the Samsung Life Front-Core Advancement project valued at 3.482 billion won.
  • This contract represents 15.18% of the company's 2025 consolidated revenue and will be executed from June 2026 to December 2027.
  • Samsung SDS, the counterparty, is a leading IT service company with high creditworthiness, positively impacting INNOAX's stable revenue generation.
  • [AI Summary]This large-scale contract win is a key driver for INNOAX's revenue growth and strengthens cooperation with Samsung affiliates, potentially leading to further orders. It is expected to positively influence the stock price.

KOSDAQ Filing Information

  • Conclusion of a Single Sales and Supply Contract
  • Company: INNOAX (296640)
  • Submission: INNOAX CO.,LTD
  • Under KRX KOSDAQ Market Division
  • Shares: 5,178,252
  • Price: 5,740 KRW
  • Market Cap: 29.7 B KRW

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