ISAAC Engineering
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ISAAC Engineering - overview
Established
2006
Location
Gunpo, Gyeonggi, South Korea
Primary Industry
Software
About
Based in South Korea, ISAAC Engineering specializes in advanced industrial automation solutions and smart factory technologies to enhance efficiency across various sectors, including steel, pharmaceuticals, and food processing. Founded in 2006 in Gunpo, South Korea, ISAAC Engineering provides innovative digital factory systems and IoT platforms. The firm has engaged in 2 deals, and in April 2021, raised KRW 24. 1 billion during an IPO, selling shares on the KOSDAQ.
The company is led by CEOs Beom-soo Kim and Chang-soo Kim, who have backgrounds in engineering and technology. ISAAC Engineering Co. , Ltd. primarily specializes in providing advanced industrial automation solutions, smart factory technologies, digital factory systems, and IoT platforms tailored for various sectors including steel, semiconductor, power generation, chemicals, pulp and paper, pharmaceuticals, and food and beverage industries.
Their core offerings are designed to enhance productivity and efficiency within manufacturing processes through the integration of operational technology (OT) and information technology (IT). Key applications of their products include comprehensive preventive diagnosis systems for substations and power conversion solutions for energy storage systems (ESS). The company serves a diverse clientele across multiple regions, with a focus on markets in Asia and beyond, positioning itself to meet the specific needs and characteristics of each industry it caters to. In 2024, ISAAC Engineering Co.
, Ltd. reported a revenue of KRW 50,220,399. 5, while EBITDA for the same year was KRW -2,835,980. 7.
The company's revenue structure is built upon providing engineering services and solutions through B2B transactions, particularly with manufacturers and industrial operators. Revenue is generated through project-based fees, which are determined according to the scope of work and specific requirements of the manufacturing processes being addressed, ensuring that clients achieve optimal operational performance. ISAAC Engineering plans to leverage recent funding to develop new products focused on expanding its smart factory and digital twin technologies. Additionally, the company aims to enter new markets in Southeast Asia and Europe by 2025.
The KRW 24. 1 billion raised in April 2021 through its IPO will support these initiatives, allowing for further research and development as well as marketing efforts to strengthen its position in targeted regions.
Current Investors
Shinhan Securities, NAU IB Capital
Primary Industry
Software
Sub Industries
IT Infrastructure, Systems Management Software
Website
www.isaac-eng.com
Verticals
Artificial Intelligence, Big Data, Cloud Computing, IoT (Internet of Things)
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
ISAAC Engineering - financials
| Fiscal Year Ended | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 23,990,270,299 | 26,903,161,016 | 40,288,197,964 | 32,758,863,393 | 44,844,543,577 | 43,047,122,495 | - | - | - |
| % Revenue Growth (YoY) | - | 12.1% | 49.8% | (18.7%) | 36.9% | (4.0%) | - | - | - |
| EBITDA (USD) | 1,621,900,237 | 2,899,227,328 | 6,688,243,752 | 4,137,262,318 | 6,251,115,874 | (2,340,414,324) | - | - | - |
| Operating Income (USD) | 1,475,574,281 | 2,723,783,836 | 6,041,893,032 | 3,343,529,318 | 5,297,023,874 | (3,386,946,324) | - | - | - |
| Operating Margin | 6.2% | 10.1% | 15.0% | 10.2% | 11.8% | (7.9%) | - | - | - |
| % EBITDA Margin | 6.8% | 10.8% | 16.6% | 12.6% | 13.9% | (5.4%) | - | - | - |
| NET Income (USD) | 1,040,290,432 | 1,185,058,537 | 4,288,216,044 | 2,679,181,839 | 4,702,461,742 | (4,583,022,756) | - | - | - |
| % Net Margin | 4.3% | 4.4% | 10.6% | 8.2% | 10.5% | (10.6%) | - | - | - |
ISAAC Engineering - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| IPO | Completed | ISAAC Engineering | - | ||||||||
| Growth | Completed | ISAAC Engineering | - |
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