Private company

Captivision Inc.

Miscellaneous electrical machinery company1

In its 2024 annual report (Form 20-F) the company says: “Captivision Korea is the exclusive developer and manufacturer of an innovative architectural media glass product called G‑Glass. Through Captivision Korea, we are a vertically integrated manufacturer controlling almost every aspect of product manufacturing and assembly, including assembling the media glass laminates, manufacturing the aluminum frame, developing the electronics, operating the software and delivering and installing the product.”17

Last updated Oct 21, 2026.

Overview

$14.6MRevenue, fiscal 20232
-$77.0MNet income, fiscal 20232
  • IndustryMiscellaneous Electrical Machinery, Equipment & Supplies1
  • HeadquartersM51
  • Incorporated inKorea, Republic of3
  • Business address298-42 Chung-Buk Chungang-Ro Chung-Buk, Pyeong-Taek, Gyounggi, M5 000003
  • Filer categoryNon-accelerated filer, Emerging growth company3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2023

15.5%Gross margin2
-90.7%Operating margin2
-526.0%Net margin2
-27.5%Revenue growth, 20232
-$10.7MFree cash flow2

Where the money goes

Where each dollar of revenue went, fiscal 2023

  • Cost of revenue36¢$12.4M
  • Research and development2¢$750.3K
  • Selling, general and admin46¢$15.6M
  • Interest7¢$2.5M
  • Income tax8¢$2.9M

Out of $14.6M in revenue.2 The company lost money this year.

Financial statements

Revenue2$14.6M in 2023+55% since 2021
0$10.0M$20.0M$30.0M2021: $9.4M$9.4M20212022: $20.2M$20.2M2022+114%2023: $14.6M$14.6M2023−28%
Gross profit2$2.3M in 2023
-$2.0M0$2.0M$4.0M$6.0M$8.0M2021: -$1.1M-$1.1M20212022: $6.3M$6.3M20222023: $2.3M$2.3M2023−64%
Operating income2-$13.3M in 2023−52% since 2021
-$30.0M-$20.0M-$10.0M02021: -$27.5M-$27.5M20212022: -$2.5M-$2.5M2022−91%2023: -$13.3M-$13.3M2023+421%
Net income2-$77.0M in 2023+27% since 2021
-$80.0M-$60.0M-$40.0M-$20.0M02021: -$60.4M-$60.4M20212022: -$7.9M-$7.9M2022−87%2023: -$77.0M-$77.0M2023+875%
Fiscal year2020202120222023
Revenue$9.4M2$20.2M2$14.6M2
Cost of revenue$10.5M2$13.9M2$12.4M2
Gross profit-$1.1M2$6.3M2$2.3M2
Research and development$927.2K2$300.5K2$750.3K2
Selling, general and admin$26.4M2$8.8M2$15.6M2
Operating income-$27.5M2-$2.5M2-$13.3M2
Interest$1.9M2$919.4K2$2.5M2
Income before tax-$64.0M2-$9.4M2-$74.1M2
Income tax-$3.6M2-$1.5M2$2.9M2
Net income-$60.4M2-$7.9M2-$77.0M2
Earnings per share-$10.142-$0.412-$4.052
Earnings per share (diluted)-$10.142-$0.412-$4.052
Shares (weighted, basic)5.9M shares214.3M shares218.5M shares2

Compare Captivision Inc. with another company

Corporate structure

Captivision Inc. sits at the top of its group. 1 entity on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Captivision Inc.

  • Captivision Inc. M5

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Captivision Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, net$10.5M2 Dec 31, 2023$11.1M2 Dec 31, 2022−5.1%
Operating-lease assets (leased space)$184.3K2 Dec 31, 2023$134.8K2 Dec 31, 2022+36.7%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$476.7K2 Dec 31, 2023$196.6K2 Dec 31, 2022+142.4%
Long-term investments$107.9K2 Dec 31, 2023$107.9K2 Dec 31, 20220%

Intangibles and goodwill

ItemLatestA year beforeChange
Intangible assets, net (excluding goodwill)$93.8K2 Dec 31, 2023$6.0M2 Dec 31, 2022−98.4%

Inventory

ItemLatestA year beforeChange
Inventory, total$4.7M2 Dec 31, 2023$5.7M2 Dec 31, 2022−16.9%

Leadership

Who has led Captivision Inc., and when. Pick a name to see everywhere that person has worked.

Board members and other officers (4)

Former names

  • Phygital Immersive LtdMar 23, 2023 to Jun 22, 20233
  • Phygital Immersive Limited.Mar 6, 2023 to Mar 13, 20233

Timeline

  1. Mar 31, 2026New chief executive Gary R. Garrabrant becomes CEO4

Filings

159 filings to the SEC since October 2021: 3 annual reports, 13 insider forms, 14 large holders, 129 other. The latest 20:

  1. Aug 20, 20264 EDGAR
  2. Aug 20, 20264 EDGAR
  3. Aug 20, 20264 EDGAR
  4. Aug 20, 20264 EDGAR
  5. Aug 20, 20264 EDGAR
  6. Aug 20, 20264 EDGAR
  7. Mar 31, 20263 EDGAR
  8. Mar 26, 20263 EDGAR
  9. Mar 24, 20263 EDGAR
  10. Mar 18, 20263 EDGAR
  11. Mar 18, 20263 EDGAR
  12. Mar 18, 20263 EDGAR
  13. Mar 18, 20263 EDGAR
  14. Dec 3, 20256-K EDGAR
  15. Dec 1, 20256-K EDGAR
  16. Nov 12, 20256-K EDGAR
  17. Oct 14, 20256-K EDGAR
  18. Aug 14, 2025SCHEDULE 13G EDGAR
  19. Aug 7, 20256-K EDGAR
  20. May 1, 2025NT 20-F EDGAR

The 159 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How Captivision Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARCaptivision Inc.1
  • CIK0001967478
  • Filer statusNon-accelerated filer<br>emerging growth company1
  • Incorporated inKorea, Republic of1
  • Fiscal year endsDecember 311
  • Industry code (SIC)3690 Miscellaneous Electrical Machinery, Equipment & Supplies1
  • SEC reviewing officeOffice of Manufacturing, Division of Corporation Finance1
  • Business address298-42 Chung-Buk Chungang-Ro Chung-Buk, Pyeong-Taek, Gyounggi, M5 000001
  • Phone82 70 5106 28041
  • On EDGAR sinceMar 6, 20231
  • Filings172 in all: 424B3 (46), 6-K (35), CORRESP (13), 425 (12), UPLOAD (10), 3 (7), 4 (6), EFFECT (6)1
    All 29 form types

    F-4/A (4), SC 13D (4), SC 13G/A (4), F-1 (3), SC 13G (3), 20-F (2), F-1/A (2), POS AM (2), 144 (1), 20-F/A (1), 25-NSE (1), 6-K/A (1), 8-A12B (1), CERT (1), DRS (1), F-4 (1), NT 20-F (1), S-8 (1), SC 13D/A (1), SCHEDULE 13D/A (1), SCHEDULE 13G (1)

  • Latest filingsAnnual report (20-F) Apr 30, 2024