About Ray Medical
Ray Medical is a publicly listed company based in Hwaseong (South Korea) founded in 2004. It provides X-ray imaging solutions for the dental and medical industries. It operates on a B2B model. Its focus areas include Medical Devices, Imaging and X-Ray Solutions. Its legal entity is RAY GLOBAL LIMITED. Its competitors include eCligner and HiX.
Company details
Ray Medical, established in 2004, excels in providing healthcare solutions, developing medical devices, imaging, and x-ray solutions. Provides X-ray imaging solutions for the dental and medical industries. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
- Headquarters Hwaseong, South Korea
- Stage Public
- SectorsHealthcare
- Website raymedical.com
- Social X Facebook
- Legal Name Ray Co. Ltd.
- Annual Revenue$77.08 M (USD)39.43as on Dec 31, 2025
- Net Profit$2.17 M (USD)as on Dec 31, 2025
- EBITDA-$459.33 K (USD)98.14as on Dec 31, 2025
IPO & Listings of Ray Medical
Ray Medical is a publicly listed company on the KRX with ticker symbol 228670 in South Korea, operating in the Health technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date08 Aug 2019
- Listed onKRX: 228670
- Listed entityRAY CO. LTD.
- Exchange sectorHealth technology
- ISINKR7228670006
- Share price4,470.00 KRW (+3.59% on the day) · 2026-10-14
- Market capitalisation67,486,692,014.00 KRW
- Price to earnings7.3
- EPS (diluted, trailing year)614.55 KRW
- Volume (last session)45,764
Financials of Ray Medical
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 111.32B KRW | 3.14B KRW | -663.4M KRW |
| 2024 | 79.84B KRW | -60.43B KRW | -35.75B KRW |
| 2023 | 145.88B KRW | -2.15B KRW | 14.49B KRW |
| 2022 | 129.00B KRW | 7.96B KRW | 22.13B KRW |
| 2021 | 90.34B KRW | -12.8M KRW | 8.84B KRW |
Detailed financial statements for Ray Medical
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Competitors of Ray Medical
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ecligner.com | 1998 | Seoul, South Korea | 3D-printed clear aligners are provided for dental malpositioning treatments. | |||
| hix.co.kr | 2015 | Daejeon, South Korea | 3D printing solutions and equipment are supplied for diverse industries. |
Detailed competitors of Ray Medical
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Frequently Asked Questions about Ray Medical
Ray Medical was founded in 2004.
Ray Medical is headquartered in Hwaseong, South Korea. It is registered at Hwaseong, Gyeonggi Province, South Korea.
Annual revenue of Ray Medical is $77.08M as on Dec 31, 2025.
Ray Medical, established in 2004, excels in providing healthcare solutions, developing medical devices, imaging, and x-ray solutions. Provides X-ray imaging solutions for the dental and medical industries. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
Yes, Ray Medical is publicly traded on KRX under the ticker symbol 228670.
Ray Medical operates through Ray Global Limited.