INNOX EcoM
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INNOX EcoM - overview
Established
2007
Location
Asan, Chungcheongnam-do, South Korea
Primary Industry
Energy Storage & Batteries
About
Based in Asan, South Korea, and founded in 2007, INNOX EcoM, formerly TRS Co. Ltd, operates as a supplier of silicon powder and silicon carbide powder for the secondary battery, semiconductor equipment, and materials industry. In April 2023, J&M Partners, SW Investment, TKG Ventures, BK Securities, DS Asset Management, and INNOX Corporation invested KRW 33 billion in INNOX EcoM. As of 2023, Lee Won-jin and Oh Eun-suk operate as Chief Executive Officers of INNOX EcoM.
INNOX EcoM provides silicon powder and silicon carbide powder for Anode materials of lithium-ion secondary batteries and metal silicon and fusion products for its clients. The company offers silicon powder for electronic materials to develop fire-resisting materials and fire-resisting brick products. In addition, the firm provides polypropylene glycol to manufacture Surfactants, unsaturated polyester resin (UPR), Refrigerants, Paint solvents, Polyester resin, and Lubricating oil. INNOX EcoM offers waste slurry recycling services to its customers.
Current Investors
IBK Securities, SW Investment, J&M Partners
Primary Industry
Energy Storage & Batteries
Sub Industries
Energy Storage & Batteries, Recycling, Materials
Website
www.innoxecom.com
Verticals
Manufacturing
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
INNOX EcoM - financials
| Fiscal Year Ended | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 |
|---|---|---|---|---|---|
| Revenue (USD) | 1,053,815,000 | 1,547,790,000 | - | - | - |
| % Revenue Growth (YoY) | - | 46.9% | - | - | - |
| EBITDA (USD) | - | - | - | - | - |
| Operating Income (USD) | (157,092,000) | (124,163,000) | - | - | - |
| Operating Margin | (14.9%) | (8.0%) | - | - | - |
| % EBITDA Margin | - | - | - | - | - |
| NET Income (USD) | 16,592,000 | (188,125,000) | - | - | - |
| % Net Margin | 1.6% | (12.2%) | - | - | - |
INNOX EcoM - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Growth | Completed | INNOX EcoM | - |
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INNOX EcoM - employee data
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