Toss Reports 567.9 Billion KRW in Q1 Operating Revenue, Up 29.1% Year-on-Year

Net Profit Reaches 48.9 Billion KRW
Toss Maintains Its Profit Streak

Toss announced on May 15 that it recorded a consolidated operating profit of 70.9 billion KRW in the first quarter.

Consolidated operating revenue (sales) for the first quarter was 567.9 billion KRW, marking a 29.1% increase compared to the same period last year.

Both consolidated operating profit and net profit turned positive year-on-year, with net profit reaching 48.9 billion KRW.

This performance was driven by steady growth across major affiliates, including Viva Republica.

Toss Securities recorded sales of 156.9 billion KRW, boosted by the growth of its overseas stock brokerage business.

Toss Income achieved sales of 8.9 billion KRW, leveraging its user base of approximately 8 million.

Viva Republica's own performance also improved. First-quarter operating revenue was 157.3 billion KRW, up 34.6% from the same period last year. Operating profit reached 5.1 billion KRW, and net profit was 52.4 billion KRW, both turning positive.

This was the result of increasing corporate client inflow, supported by stable user metrics such as the Toss app's monthly active users (MAU) reaching 24.8 million. Naturally, all business sectors?including advertising, simple payments, commerce, and loan brokerage?showed balanced growth.

A Toss representative stated, "Balanced growth across all business areas and improvements in the profit structure led to these strong results."

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