IBT Co., Ltd.
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IBT Co., Ltd. - overview
Established
1999
Location
Gwangju, -, South Korea
Primary Industry
Energy Storage & Batteries
About
Founded in 1999 and based in Gwangju, South Korea, IBT Co. , Ltd. operates as a manufacturer of storage batteries used in aviation equipment. In December 2023, IBT Co.
, Ltd. raised KRW 2 billion in venture funding from investor STX Corporation. The firm’s clients include Hyundai Steel, SK Energy, S-Oil, Korail, Samsung Engineering, etc. As of 2023, the company is being led by its CEO, Nam Sang-kyu and operates from offices in Seoul and Gwangju locations.
IBT specializes in manufacturing high-performance storage batteries, serving diverse needs from aircraft starting power to emergency backup systems. Offering Nickel Cadmium (Ni-Cd) and LiFePO4 batteries, as well as Energy Storage Systems (ESS) and Aircraft Warning Lights (AWL), IBT prioritizes stable and reliable power solutions.
Current Investors
STX Corporation
Primary Industry
Energy Storage & Batteries
Sub Industries
Energy Storage & Batteries
Website
www.rocketibt.co.kr
Verticals
Manufacturing
Company Stage
Early Stage
Total Amount Raised
Subscriber access only
IBT Co., Ltd. - financials
| Fiscal Year Ended | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 |
|---|---|---|---|---|---|
| Revenue (USD) | 11,595,352,000 | 9,439,031,000 | - | - | - |
| % Revenue Growth (YoY) | - | (18.6%) | - | - | - |
| EBITDA (USD) | - | - | - | - | - |
| Operating Income (USD) | 545,064,000 | (1,028,556,000) | - | - | - |
| Operating Margin | 4.7% | (10.9%) | - | - | - |
| % EBITDA Margin | - | - | - | - | - |
| NET Income (USD) | 315,671,000 | (1,320,714,000) | - | - | - |
| % Net Margin | 2.7% | (14.0%) | - | - | - |
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