Intellivix Wins Preliminary Approval for Kosdaq Listing Review
IT DAILY ·
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Intellivix has received approval for the preliminary listing review for the Kosdaq market.
Mirae Asset Securities is the lead underwriter.
Intellivix is pursuing a performance-based general listing and has posted profits for 13 consecutive years while growing revenue for 13 consecutive years.
Intellivix is accelerating its IPO push after receiving approval for the preliminary review for a listing on the Korea Exchange's Kosdaq market. Intellivix said on the 4th that it had received approval for the preliminary listing review. Mirae Asset Securities is the lead underwriter.
Founded in 2000, Intellivix is a company specializing in safety AI. Rather than pursuing a technology-special listing, Intellivix is moving ahead with a performance-based general listing, and it has posted profits for 13 consecutive years while growing revenue for 13 consecutive years.
Intellivix has developed and supplied vision AI-based AI solutions for the early detection and response to risks, and it has proprietary generative AI-based visual language model (VLM) technology. It has also developed the integrated safety AI platform, GenAMS, an agentic AI-based system that combines vision AI and VLM.
GenAMS, the next-generation safety monitoring platform, supports responses to fires, theft, falls, traffic accidents, and wrong-way driving. The platform is applied in everyday safety as well as industrial, construction site, and defense settings, supporting AI recognition, analysis, and response to a range of risk situations.
Intellivix highlighted its ability to commercialize AI technology by connecting it to revenue and profit as a core competitive strength. A company official said the firm secured approval for a general listing based on continued revenue growth and profitable results, even amid the active technology-special listing environment in Korea's AI IPO market.
Intellivix has maintained profitability for 13 consecutive years. Revenue rose to KRW 18.3 billion in 2023, KRW 34 billion in 2024, and KRW 46.6 billion in 2025, and the company posted a revenue CAGR of 54.4% from 2022 to 2025. Operating profit in 2025 was KRW 4.9 billion, and net income for 2025 was KRW 5.4 billion. The company has secured references across a wide range of industries by supplying AI safety solutions to the government, local governments, Samsung, POSCO, Hyundai Motor, and LG Group.
Intellivix has built distribution and business partnerships in 8 overseas countries. Based on this, it is pushing to expand its global business, centered on Japan, Southeast Asia, and Australia.
An Intellivix official said the company has spent the past 20-plus years using the connection between AI technology and real industrial sites and business operations as the basis for growth, and added that it will use this Kosdaq listing as a new springboard to expand the safety AI technology and business model it has validated in Korea into defense and global markets, aiming to grow into a world-class safety AI company.
Source: IT DAILY · Yang Seung-gap
Original: https://www.itdaily.kr/news/articleView.html?idxno=241411
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Source: IT DAILY
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