Ohouse Achieves First Annual Profit 10 Years After Establishment

Balanced Growth in Commerce, Construction, and Advertising

Bucketplace announced on the 31st that Ohouse has achieved an annual profit for the first time in 10 years since its founding in 2014.

According to Ohouse's '2024 Audit Report,' last year's revenue was recorded at 287.9 billion KRW, a 22.3% increase compared to the previous year. Operating profit turned positive from a loss of 1.99 billion KRW to a profit of 570 million KRW, and net income increased by 127.4% to 5.26 billion KRW.

Bucketplace announced on the 31st that Today’s House has achieved an annual profit for the first time in 10 years since its founding. Photo by Bucketplace

Ohouse attributed this performance to an overall increase in commerce sales. Both direct sales products and brokerage sales products saw an increase in transaction volume compared to the previous year, showing balanced growth across various categories. Additionally, not only the interior construction business but also advertising revenue rose for the second consecutive year, contributing to improved profitability.

Ohouse plans to actively pursue global market expansion going forward. In its third year since launching services in Japan, it will actively expand its commerce services and increase the number of products across various categories. Investments will also be expanded in other service regions such as the United States.

An Ohouse representative stated, "This year, we will focus on continuously investing in new businesses and technology development to provide better customer experiences and strengthen our competitiveness in the market through diversification of domestic and international businesses."

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