iMarketKorea아이마켓코리아

iMarketKorea's trailing revenue is steady but profit margins are very thin, and the stock sits near the lower half of its 52-week range.

iMarketKorea is a B2B procurement and distribution business covering MRO, IT products, construction materials and hospital supplies. Trailing revenue to H1 2026 is about ₩3.4T with operating income of roughly ₩38B, a margin of 1.1%. The share price is ₩8,080, about 22% below its 52-week high of ₩10,330 and above its low of ₩6,890.

What stands out

• Revenue fell 8% in 2025 to about ₩3.05T after declining 3.1% in 2024, and operating margin has slipped from 1.6% in 2022 to 0.7% in 2025.
• Trailing net income of about ₩31B is higher than trailing operating income, and the filings do not explain the gap in the data provided.
• Free cash flow is negative at about -₩22B on a trailing basis, while the company holds ₩106B in cash and reports no borrowings.
• Liabilities are 240% of equity, and trailing ROE is 8.2%.
• The dividend yield is 5.6%, and the filings show a cash dividend decision in August 2026 and a record-date notice in September 2026. Foreign ownership is 3.8%, unchanged over 60 days, and the 20-day investor flows show net institutional buying with small net foreign and retail selling.

What to watch

• The record date set in the September 2026 filing and the dividend amount, which the data does not specify.
• The full-year 2026 results and whether margins recover from the sub-1% levels seen in the trailing data.
• Free cash flow turning positive and the size of the liabilities-to-equity ratio over the coming filings.