This is an amended filing · View original →
ITEYES Inc. Ulsan public hospital medical IT system contract raised to KRW 7.9 billion
IAI summary · Not investment advice
The amount of ITEYES Inc.'s 2024 contract to build a medical information system for a public hospital in Ulsan rose to KRW 7.9 billion.
Contract amount
KRW 7.9 billion
10.60% of recent revenue · revised from KRW 7.8 billion · excluding VAT
Key facts
- Counterparty
- Public Procurement Service (end user: a state workers' welfare agency)
- Contract details
- Smart integrated medical information system for a public industrial-accident hospital (Ulsan)Multi-year contract
- % of revenue
- 10.60%Previously 10.46%
- Contract period
- Nov 11, 2024 – Nov 5, 2026Previously ended 2026.10.06
- Recent revenue
- KRW 74.9 billion2023 consolidated
- Supply region
- Korea
- Contract date
- Nov 11, 2024
Commentary
AI commentary · Not investment advice
What happened
ITEYES changed the amount and period of its contract to build a smart integrated medical information system for a public industrial-accident hospital in Ulsan. The Public Procurement Service placed the order for a state workers' welfare agency. The contract amount rose from KRW 7.8 billion to KRW 7.9 billion, excluding VAT.
In the company's terms
The new amount equals 10.60% of recent revenue (KRW 74.9 billion, 2023 consolidated), up from 10.46%.
What changes for shareholders
This is a multi-year contract signed in yearly parts. The increase is in the third part, which rose from KRW 1.7 billion to KRW 1.8 billion. The end date also moved from 2026.10.06 to 2026.11.05. The company said the amount and period may change in talks with the agencies involved.
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