RCE Co., Ltd.
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
RCE Co., Ltd. - overview
Established
2016
Location
Seoul, -, South Korea
Primary Industry
Construction
About
Based in Seoul, South Korea, and founded in 2016, RCE Co. , Ltd. operates as an online distributor and reseller of heavy construction equipment to construction companies. In June 2022, RCE Co.
, Ltd. raised KRW 5 billion in series A funding led by new investor Sui Generis Partners with participation from new investors Smilegate Investment, Nextrans Inc. , Hana Financial Investment, Central Corporation, and other unspecified investors. As of July 2022, the company is led by its CEO Ho-Jin Han and operates in Daegu, Hanoi, Ho Chi Minh, and Jakarta.
RCE Co. , Ltd. supplies construction machinery which includes crawler excavators, wheel loaders, concrete pump trucks, bulldozers, cranes, trucks, road construction equipment, and machinery spare parts. The machinery is from various brands such as Caterpillar, Daewoo, Doosan, Hitachi, Hyundai, Kato, Kobelco, Komatsu, Kubota, Link-belt, Samsung, Sumitomo, Volvo, and Yanmar.
In addition, the company offers financial support services and a customer care program. The company plans to use this series A investment to provide 'free on-site maintenance services' to potential customers.
Current Investors
Smilegate Investment, Hana Securities, Nextrans Inc.
Primary Industry
Construction
Sub Industries
Construction, Industrial Machinery, Trucking, Industrial Wholesalers, Electrical, Plumbing & Hardware Distributors
Website
www.rce.global/
Verticals
Manufacturing
Company Stage
Series A
Total Amount Raised
Subscriber access only
RCE Co., Ltd. - financials
| Fiscal Year Ended | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 |
|---|---|---|---|---|---|
| Revenue (USD) | 4,570,312,000 | 4,619,536,000 | - | - | - |
| % Revenue Growth (YoY) | - | 1.1% | - | - | - |
| EBITDA (USD) | - | - | - | - | - |
| Operating Income (USD) | 273,055,000 | 44,106,000 | - | - | - |
| Operating Margin | 6.0% | 1.0% | - | - | - |
| % EBITDA Margin | - | - | - | - | - |
| NET Income (USD) | 242,696,000 | 113,136,000 | - | - | - |
| % Net Margin | 5.3% | 2.4% | - | - | - |
RCE Co., Ltd. - employee data
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.