Toss Securities Reports 131.5 Billion KRW Net Profit Last Year... Two Consecutive Years of Surplus
First Simultaneous Surplus in Operating Profit and Net Profit
Toss Securities announced that it recorded a net profit of 131.5 billion KRW last year, achieving a profit for two consecutive years following 2023.
According to Toss Securities' disclosure on the 14th, revenue (operating income) increased by 111% compared to the previous year, reaching 426.6 billion KRW. Operating profit turned positive at 149.2 billion KRW. This is the first time Toss Securities has achieved profitability in both operating profit and net profit.
The growth in performance was driven by increased commission income from domestic and international stock brokerage and foreign exchange fees. In particular, the rise in commission income related to overseas stock investments was notable due to the enthusiasm of domestic individual investors. In fact, the trading volume of overseas stocks increased by 211% compared to the previous year.
The number of subscribers also grew significantly. Toss Securities attracted approximately 1 million new customers last year, bringing the total accumulated subscribers to over 6.6 million as of the end of December 2024. Monthly active users (MAU) recorded 3.84 million, a 39% increase from the previous year.
Product and service launches to meet diverse customer needs also continued. These included ▲real-time overseas bond trading service (July 2024) ▲Toss Securities PC (WTS) service (July 2024) ▲Research Center for individual investors (September 2024), all introduced last year.
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Kim Gyubin, CEO of Toss Securities, said, "Thanks to the interest and support of our customers, Toss Securities was able to achieve significant performance improvements last year. Going forward, Toss Securities will do its best to establish itself as an investment platform for the entire nation through differentiated infrastructure and technological capabilities."
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