Model Solution Co

Model Solution Co R&D Expenses

The Research & Development Expenses of Model Solution Co (417970.KQ) as of Nov 13, 2026 is 571.33 M KRW. In the previous year, Research & Development Expenses was 260.61 M KRW — a change of 119.23% (higher).

R&D Expenses

571.33 MKRW

YoY

119.23%

Last updated:

Research & Development Expenses of Model Solution Co is 2025 571.33 M KRW. Research & Development Expenses of Model Solution Co was 2024 260.61 M KRW. It decreases by 119.23% higher compared to the previous year.

The Model Solution Co R&D Expenses history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

R&D Expenses
Date
R&D Expenses
Jan 1, 2022
433.77 M KRW
Jan 1, 2023
287.94 M KRW
Jan 1, 2024
260.61 M KRW
Jan 1, 2025
571.33 M KRW
The Model Solution Co R&D Expenses history
YEARR&D ExpensesYoY
571.33 MKRW+119.23%
260.61 MKRW-9.49%
287.94 MKRW-33.62%
433.77 MKRW—

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Model Solution Co Stock analysis

What does Model Solution Co do? Model Solution Co Ltd is a company based in Seoul, South Korea, operating within the Information Technology sector and the Electrical Equipment industry. The company has 310 employees and completed its initial public offering (IPO) on October 7, 2022. Model Solution Co Ltd specializes in the manufacturing of moulding patterns, moulds, and industrial patterns. It produces and sells design prototypes, functional prototypes, and injection molding prototypes. The company also offers quick delivery molds (QDMs) as part of its product range. Its headquarters are located in Seoul, and it operates under the ticker symbol 417970.KQ with ISIN KR7417970001. The company's website is https://www.model-solution.com. Model Solution Co Ltd focuses on providing precision manufacturing solutions for various industrial applications, emphasizing rapid prototyping and mold production services. The firm's operations are centered around delivering high-quality prototypes and molds to meet client specifications efficiently. It serves clients requiring specialized manufacturing solutions in the fields of product development and industrial design. The company's business model integrates design, prototyping, and mold-making services to support clients through the early stages of product development. With its IPO in 2022, Model Solution Co Ltd has positioned itself as a publicly traded entity in the South Korean market, aiming to expand its market presence and service offerings in the manufacturing sector. Model Solution Co is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Model Solution Co stock

Research & Development Expenses of Model Solution Co is 571.33 M KRW in 2025.

Research & Development Expenses of Model Solution Co changed from 260.61 M KRW to 571.33 M KRW, representing a 119.23% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Research & Development Expenses Model Solution Co since 2006 – with annual values, charts, and detailed analysis.

R&D expenses represent the costs incurred in researching and developing new products, services, or processes. High R&D spending can signal innovation and future growth potential.

Research & Development Expenses's KRW is a key factor for investors. Changes in this metric can signal improving or deteriorating fundamentals, directly impacting the stock price. On Eulerpool, you can track Research & Development Expenses's Model Solution Co historically and in real time.

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Income Statement — Model Solution Co

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