Axgate Co., Ltd. (356680)

Established on December 20, 2010, the Company is an integrated network security solutions company that manufactures and sells products essential for information security, such as VPN, FW, and UTM, and provides related services. The Company's main businesses are hardware (security servers) and software, leasing/security monitoring services, and maintenance services. The Company's revenue for its main businesses is as follows. <As of December 31, 2025> (Unit: KRW thousand, %) Main products by business segment Revenue Change vs. same period of prior year HW/SW VPN, UTM, etc. 33,006,752 8.5% Services Monitoring services 9,852,277 15.3% Maintenance/RMA 5,276,665 24.4% Total revenue 48,135,694 11.4% The brand for the hardware (security servers) and software is the 'AXGATE Series,' which the Company purchases as raw materials on an OEM basis from domestic and overseas suppliers, and delivers to customers loaded with in-house developed software such as VPN and firewall. Under the leasing service, the Company leases AXGATE Series equipment according to the contract period and receives usage fees. For its own equipment shipped on lease, it provides overall network operation and security management, hardware replacement in the event of a problem, and software updates. The security monitoring service additionally provides 24-hour monitoring and management services—such as equipment operation and security monitoring—for the network security services contracted with the company. The difference from leasing is that 24-hour staff monitoring and other monitoring services are added, and it includes the management not only of the Company's equipment but also, upon the customer's request, of third-party equipment held by the customer. The maintenance service is a service that grants paid A/S and licenses so that customers can continue to receive stable and continuous service at the point when the service period, such as A/S, for products delivered to the customer expires.