Global Tax Free Co., Ltd.

204620KOSDAQFinancial and insurance services

Global Tax Free Co., Ltd. (204620, KOSDAQ) reported KRW 154bn revenue in 2025.

Reported financials

Figures are as filed with the Korean regulator, in billions of won (KRW bn). We do not convert to dollars — an exchange rate would be a number we made up, not one the company reported.

Year	Revenue	Operating profit	Net profit	Assets	Equity	Basis
2023	93	15	-8	167	109	Consolidated
2024	130	22	6	175	128	Consolidated
2025	154	29	35	184	140	Consolidated

Ratios, year by year

Each ratio is computed inside its own year. A dash means the input was missing or the denominator was zero — not that the value is zero.

Year	Operating margin	Net margin	Equity / assets	Return on equity
2023	15.8%	-8.6%	65.1%	-7.4%
2024	16.8%	4.8%	73.5%	4.9%
2025	18.8%	23%	76%	25.3%

Revenue moved 65% between 2023 and 2025.

These are arithmetic, not judgements. We do not say whether a margin is good or bad, and we do not rank companies against each other.

Market size

Market capitalisation	KRW 382bn
Close price	KRW 5,440
Listed shares	70,283,330
Price as of	20260909

Market capitalisation is what buyers are betting the company is worth. It is not something the company produced, so we never present it as output or productivity.

Workforce — a side measure, not the main one

Employees (2025)	152
Women	85 (55.9%)
Average tenure	5.9 years
Annual pay, men	KRW 64,000,000
Annual pay, women	KRW 39,000,000
Pay ratio, women to men	60.9%

Other companies in Financial and insurance services

21 listed companies file under this classification. Showing 12.

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