RYUTEN Achieves 15-Fold Sales Growth Last Year: "Entering J-Curve, Accelerating AX Business"

First External Audit Financial Statement Disclosed in 5 Years Since Founding

"Accelerating Growth as Korea's Leading AI Service Company"

AI service platform company RYUTEN Technologies achieved a remarkable 15-fold increase in sales last year.

On April 14, RYUTEN Technologies announced in its first-ever external audit financial statement, disclosed five years after its founding, that it recorded approximately 47.1 billion won in sales last year. This represents an increase of 1,433% compared to the previous year’s sales of approximately 3.1 billion won. The company explained that AI services in the business-to-consumer (B2C) segment drove sales growth, while new enterprise business entries contributed to revenue diversification.

During this period, operating expenses rose to about 105.9 billion won, a 3.2-fold increase year-on-year. Approximately 29.4 billion won was spent on advertising and promotion, and about 61.1 billion won was allocated to commissions. Operating losses expanded to about 58.8 billion won, up 1.95 times from the previous year, and net losses for the year amounted to approximately 58.1 billion won.

RYUTEN Technologies emphasized that despite the surge in sales, the losses remained limited, demonstrating that the company has entered the initial phase of a “J-curve.” This reflects the characteristics of the information technology (IT) industry, where initial platform investments and user acquisition costs precede profitability, and highlights the company’s strong growth potential.

Lee Seyoung, CEO of RYUTEN Technologies, stated, “The rapid J-curve growth we saw last year is continuing steeply into this year as well,” adding, “This year, we will continue our solid and explosive growth as Korea’s leading AI service company by accelerating our AI transformation (AX) business and advancing into global markets for further revenue diversification.”

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