RaonSecure Accelerates Value-Up with Treasury Share Cancellation... Boosting Growth in AI and Quantum Security

RaonSecure, a company specializing in AI security and authentication platforms, has made a decisive move to cancel KRW 1.24 billion worth of its own shares as part of its shareholder return policy.

According to a public disclosure on April 29, the shares subject to cancellation total 99,346 treasury shares. Through this cancellation, RaonSecure aims to reduce the number of shares in circulation, thereby increasing the value per share and strengthening market confidence in line with the government's Value-Up Program.

Currently, RaonSecure is showing rapid growth, establishing a stable profit structure through a shift to a platform-centered business and achieving its highest sales since its founding. In particular, the company’s performance is being driven by policy benefits related to changes in the security paradigm, such as the mandatory implementation of Multi-Factor Authentication (MFA), the institutionalization of mobile identification, and the transition to post-quantum cryptography. The company plans to maintain its technological edge and lead the next-generation authentication market through its agentic AI security automation platform and digital ID business.

Overseas business results are also becoming evident. In the Japanese market, the number of monthly active users (MAU) of its biometric authentication platform has surpassed 10 million, and the company is steadily expanding its digital authentication business territory in Southeast Asia and Latin America as well.

A RaonSecure representative stated, "This treasury share cancellation is part of our Value-Up execution to enhance shareholder value and strengthen market trust," adding, "We will continue to increase our corporate value based on stable business performance and growth strategies, and pursue a business philosophy of growing together with our shareholders."

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