[Click eStock] "WantedLab, Improvement in Recruitment-Related Indicators"

Korea Investment & Securities analyzed on the 17th that although WantedLab's performance was poor, the improvement in hiring-related indicators is encouraging.

WantedLab recorded sales of 8.9 billion KRW and an operating loss of 900 million KRW in the first quarter of this year. Sales decreased by 18.6% compared to the same period last year, and operating profit turned to a deficit.

Yoon Cheol-hwan, a researcher at Korea Investment & Securities, said, "The main business, the hiring segment, recorded 7.2 billion KRW, an increase of 0.9% compared to the previous quarter," and analyzed, "It performed relatively well despite the difficult external environment through expanded marketing." He added, "Sales in the gig matching service segment, Geeks, were 900 million KRW, down 19.7% from the previous quarter," and "performance was poor due to reduced corporate IT investment amid concerns about an economic downturn."

Researcher Yoon explained, "Through active marketing expansion, the number of individual and corporate members continues to increase," and "for the first time since the second quarter of 2022, the number of new job postings and successful candidates increased compared to the previous quarter." He also emphasized, "This is judged as a process of confirming the bottom of the hiring market, which had been difficult both internally and externally," and "the average hiring fee in the first quarter also rebounded significantly."

This content was produced with the assistance of AI translation services.