VirNect Co

VirNect Co Interest Expense

The Interest Expense of VirNect Co (438700.KQ) as of Oct 27, 2026 is 356.33 M KRW. In the previous year, Interest Expense was 724.34 M KRW — a change of -50.81% (lower).

Interest Expense

356.33 MKRW

YoY

-50.81%

Last updated:

Interest Expense of VirNect Co is 2024 356.33 M KRW. Interest Expense of VirNect Co was 2023 724.34 M KRW. It decreases by -50.81% lower compared to the previous year.

The VirNect Co Interest Expense history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Expense
Date
Interest Expense
Jan 1, 2020
-90.64 M KRW
Jan 1, 2021
-4.31 B KRW
Jan 1, 2022
5.58 B KRW
Jan 1, 2023
724.34 M KRW
Jan 1, 2024
356.33 M KRW
The VirNect Co Interest Expense history
YEARInterest ExpenseYoY
356.33 MKRW-50.81%
724.34 MKRW-87.01%
5.58 BKRW-229.40%
-4.31 BKRW+4,655.09%
-90.64 MKRW—

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VirNect Co Stock analysis

What does VirNect Co do? VirNect Co Ltd generates revenue through the sale and rental of XR solution licenses, targeting businesses seeking extended reality applications. The company provides training and consulting services to support clients in implementing vision-based AR technology. Smart glasses, servers, and related hardware are sold directly to enterprises requiring XR infrastructure. VirNect's primary market segments include corporations in technology, healthcare, and retail sectors that adopt AR-driven solutions for enhanced user experiences. The firm's product portfolio includes vision-based AR technology, XR solution licenses, smart glasses, and servers. These offerings are marketed under the company's brand to enterprise clients across multiple industries. Training and consulting services complement the hardware and software sales, ensuring seamless integration of XR systems. VirNect focuses on delivering end-to-end solutions for clients looking to leverage extended reality in their operations. Revenue streams are derived from both one-time hardware sales and recurring license rentals. The company's service-based income comes from customized training programs and expert consulting tailored to client needs. By combining hardware, software, and services, VirNect addresses the growing demand for immersive technology solutions in Korea and beyond. VirNect Co is one of the most popular companies on Eulerpool.

Frequently Asked Questions about VirNect Co stock

Interest Expense of VirNect Co is 356.33 M KRW in 2024.

Interest Expense of VirNect Co changed from 724.34 M KRW to 356.33 M KRW, representing a -50.81% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Interest Expense VirNect Co since 2006 – with annual values, charts, and detailed analysis.

Interest expense represents the cost of borrowing. Higher interest expenses can indicate a highly leveraged company.

Interest Expense'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 Interest Expense's VirNect Co historically and in real time.

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Income Statement — VirNect Co

All Key Metrics — VirNect Co