Aton Posts Cumulative Revenue of 51.3 Billion Won in Q3, Up 12.6% Year-on-Year

Fintech security company Aton announced on November 14 that its consolidated cumulative revenue for the first three quarters of this year reached 51.3 billion won, up 12.6% from the same period last year. This marks the highest cumulative figure for the third quarter in the company’s history.

The company began to see results from its new business segments, and the growth of certain consolidated subsidiaries also contributed to the increase in revenue. In the third quarter of this year, Aton signed supply contracts for new security solutions, including post-quantum cryptography (PQC)-based certificates and facial recognition solutions.

Revenue for the third quarter was 14.6 billion won, a decrease of 2.7% year-on-year. This was due to the concentration of large-scale projects in the fourth quarter and the impact of seasonal off-peak periods. Nevertheless, revenue from the company’s core businesses-fintech security solutions and fintech platforms-grew compared to the previous year.

On a consolidated basis, operating profit for the first three quarters was 7.1 billion won, down 36.7% from the same period last year. Third-quarter operating profit was 3.3 billion won, a decrease of 12.9% year-on-year.

Aton is pursuing a portfolio shift by strategically reducing the proportion of low-growth business segments and focusing on high-growth areas such as solution licensing and security services. This year, concentrated investments in research and development (R&D) for new businesses, marketing expenses, and talent acquisition costs have affected profitability.

Many high-margin contracts signed during the third quarter will begin to be recognized as revenue starting in the fourth quarter, and are expected to contribute significantly to performance and improve profit margins in 2026.

Aton will accelerate the commercialization of its new businesses in the fourth quarter of this year. The company plans to officially launch its artificial intelligence (AI)-based cloud security monitoring solution and simultaneously introduce the location-based smart crime prevention service, “Child Safety Keeper,” to both domestic and overseas markets.

This year, a series of large-scale hacking incidents occurred in Korea, prompting the government to announce a “comprehensive pan-government information security plan.” The government also expressed its intention to shift private sector security investment from being seen as a “cost” to being regarded as an “essential investment.” Aton is expanding the supply of its anti-phishing solutions to the financial sector and is actively pursuing overseas expansion. The company is also continuing to increase the supply of its facial recognition and post-quantum cryptography solutions in the domestic market.

An Aton representative stated, “As the contracts signed in the third quarter begin to be recognized as revenue from the fourth quarter, the investment-contract-revenue cycle will be fully activated.”

The representative added, “In 2026, we expect to see meaningful improvements in both revenue and profitability, driven by the full-scale contribution of contracts secured this year and the successful adoption of new solutions.”

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