Daily BriefsPrivate Markets

Daily Brief Private Markets: 2022 Financial Results of Major Unlisted Companies in Korea and more

In today’s briefing:

  • 2022 Financial Results of Major Unlisted Companies in Korea
  • VA Corporation: One-Stop Metaverse Platform

2022 Financial Results of Major Unlisted Companies in Korea

By Douglas Kim

  • In this insight, we provide 2022 key income statement items of 12 major unlisted companies in Korea that are likely to complete their IPOs in the next 6-12 months. 
  • Among these 12 private companies, the top five with the highest sales growth in 2022 include Shift Up, Foosung Global, Ecopro Materials, Nexteel, and Smilegate RPG.
  • The top five companies with the highest operating profit growth in 2022 include Nexteel, Ecopro Materials, CJ Olive Young, Foosung Global, and Smilegate RPG. 

VA Corporation: One-Stop Metaverse Platform

By Shifara Samsudeen, ACMA, CGMA

  • Founded in 2021 and headquartered in Seoul, VA Corporation (VA KS) has developed a virtual media platform for the metaverse industry.
  • Through the use of VR, the company’s metaverse platform provides services from planning and production to branding and distribution of content.
  • The company achieved the unicorn status within 13-months of its founding due to its proven track record, making it an attractive investment in the metaverse space.

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