DASAN Networks

DASAN Networks

Develops and manufactures network equipment for fixed and mobile broadband services.

HQ location
Seongnam-si, South Korea
Launch date
Employees
Market cap
$110m
Enterprise value
$183m
Share price
KRW3375.00 039560.KQ
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DateInvestorsAmountRound
-investor investor investor

€0.0

round
N/A

€0.0

round

$23.0m

Post IPO Equity
Total Funding000k

Financials

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Revenues, earnings & profits over time
KRW2018201920202021202220232024
Revenues0000000000000000000000000000
% growth16 %25 %(9 %)16 %(83 %)14 %266 %
EBITDA0000000000000000000000000000
% EBITDA margin1 %3 %1 %(4 %)23 %(104 %)4 %
Profit0000000000000000000000000000
% profit margin(7 %)-(3 %)(2 %)243 %(101 %)(7 %)
EV0000000000000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x00.0x00.0x
R&D budget0000000000000000000000000000
R&D % of revenue--1 %-3 %3 %6 %

Source: Company filings or news article

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More about DASAN Networks
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DASAN Networks, a publicly traded company on the KOSDAQ (039560), was established in 1993 by Minwoo Nam, initially as DASAN Engineering Co., Ltd. Nam, a Seoul National University engineering graduate, founded the company after his time at the Daewoo Motor Company's research center and has been a significant figure in South Korea's venture industry. The company was instrumental in the domestic development of high-speed internet technology, contributing to South Korea's emergence as a global internet leader. A major milestone was its public listing on the KOSDAQ in 2000, followed by a name change to DASAN Networks Inc. in 2002.

The firm operates as a manufacturer and provider of network communication equipment, focusing on fixed and mobile broadband service technologies. Its business model centers on the development and sale of hardware, software, and services to telecommunications service providers, enterprises, and government bodies. Key product categories include Fiber-to-the-x (FTTx) solutions, Ethernet switches, mobile backhaul equipment, and Wireless LAN (WLAN) products. These offerings are designed to handle increasing network traffic and support the infrastructure for services like video on demand and voice communication. The company primarily serves major telecom operators globally, with a significant client base that includes KT Corporation, SK broadband, and LG U+ in Korea, as well as SoftBank in Japan and Chunghwa Telecom in Taiwan.

In a strategic move to expand its global footprint, DASAN Networks restructured into a holding company in April 2015. This led to the spin-off of its network solutions division into a subsidiary, DASAN Network Solutions. A pivotal development occurred in 2016 when DASAN Network Solutions merged with the US-based Zhone Technologies, creating DASAN Zhone Solutions (DZS). This merger gave DASAN a substantial presence in North America, Europe, and the Middle East, complementing its strong foothold in Asia. The combined entity, DZS, which later rebranded from DASAN Zhone Solutions in 2020, became a significant global player in the broadband access market. DASAN Networks also diversified its portfolio through affiliates in automotive parts, software development, and industrial materials.

Keywords: network equipment, telecommunications, FTTx, broadband access, Ethernet switch, mobile backhaul, DASAN Zhone Solutions, DZS, Minwoo Nam, KOSDAQ, network solutions, telecom operator solutions, GPON, public company, network infrastructure, fiber optic equipment, telecom hardware, enterprise networking, government network solutions, carrier ethernet

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