JK teck.co.,Ltd

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JK teck.co.,Ltd - overview

Established

2016

Location

Busan, -, South Korea

Primary Industry

Consumer Products

About

Based in South Korea, JK teck. co. ,Ltd offers innovative technology solutions specializing in advanced display systems and premium writing furniture, enhancing visual and functional experiences in various environments. JK teck.


co. ,Ltd, founded in 2016 in Busan, South Korea, specializes in technology solutions focusing on display systems and office furniture. The company has engaged in two total funding deals, with the most recent deal occurring on June 1, 2019, when they raised Seed funding from Korea Tech Incubator for Startup. The founder's specific history is not detailed, and the company has no known subsidiaries or parent companies.


JK Teck Co. , Ltd specializes in innovative technology solutions, focusing primarily on two core product categories: advanced display systems and premium writing furniture. The company's flagship offering, the Liquid Crystal Screen, utilizes a projector to deliver high-definition images, reaching Ultra High Definition (UHD) quality. This product is designed to enhance visual experiences for both commercial and educational environments.


Additionally, JK Teck's Premium Whiteboard, known as FLATIQ, incorporates new material technology to improve functionality and user experience, transforming traditional office supplies into a high-quality writing surface. The company also offers a range of furniture products, including the Leiria ultra-short throw projector media console and the LEIRIN media console, which feature classic designs and premium materials. JK Teck serves diverse markets, including corporate, educational, and residential sectors, with a focus on regions such as South Korea and potential expansion into broader Asian markets. JK Teck operates on a business-to-business (B2B) and direct-to-consumer sales model, where transactions often occur through partnerships with retailers and direct sales to end-users.


The company’s revenue structure primarily derives from the sale of its unique product lines, including the Liquid Crystal Screen and the FLATIQ whiteboard. These products cater to a wide range of clients, from educational institutions seeking high-quality display solutions to businesses requiring premium office furniture. Transaction pricing strategies are structured around competitive models that emphasize value and innovation, reflecting the advanced technology embedded in their products. Specific pricing details for individual products or services were not disclosed, but the flagship products are characterized by their premium positioning in the market.


JK teck. co. ,Ltd plans to utilize its recent Seed funding raised in June 2019 to further develop its product lines and expand into new markets. Upcoming product designs include enhancements to their Liquid Crystal Screen and FLATIQ whiteboard, with expected launches in the near term.


The company aims to expand its presence in the broader Asian market, targeting growth by 2023.


Current Investors

Coolidge Corner Investment, Korea Tech Incubator for Startup

Primary Industry

Consumer Products

Sub Industries

Office Suppliers, Furniture, Consumer Electronics

Website

www.jkteck.co.kr/

Verticals

E-commerce

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

JK teck.co.,Ltd - financials

Fiscal Year EndedDec 31, 2015Dec 31, 2016Dec 31, 2017Dec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024
Revenue (USD)4,415,562,6906,788,019,47612,266,952,356-18,441,481,1319,349,204,638----
% Revenue Growth (YoY)-53.7%80.7%--(49.3%)----
EBITDA (USD)1,642,970,379-1,617,230,830-1,513,714,0001,426,483,885----
Operating Income (USD)612,764,557761,188,464654,068,414-551,800,113479,345,232----
Operating Margin13.9%11.2%5.3%-3.0%5.1%----
% EBITDA Margin37.2%-13.2%-8.2%15.3%----
NET Income (USD)202,042,805362,762,625295,611,385-265,259,301259,544,472----
% Net Margin4.6%5.3%2.4%-1.4%2.8%----
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