Hecto Innovation Surpasses 100 Billion Won in Consolidated Quarterly Revenue for the First Time

Hecto Innovation achieved its highest-ever quarterly revenue, surpassing 100 billion won for the first time since its founding, thereby securing a foundation for mid- to long-term growth.

According to Hecto Innovation on May 8, the company’s consolidated revenue for the first quarter of this year reached 112.3 billion won, with operating profit at 14.6 billion won. These figures represent increases of 25.4% and 24.1%, respectively, compared to the same period last year, demonstrating both external expansion and internal strengthening.

This record performance was driven by all business divisions—IT services, fintech, and healthcare—achieving their highest-ever quarterly revenues. Operating profit increased to 14.6 billion won, with an operating margin of 13.0%, an improvement from 10.5% in the previous quarter.

By business division, revenue from the IT services division grew by 16.0% year-on-year, driven by the launch of new services and an expanded customer base. The fintech division saw a 25.1% year-on-year increase, fueled by the expansion of its proprietary high-profit membership-based simple cash payment service and growth in new merchants. The healthcare division achieved a 30.3% year-on-year increase, thanks to the launch of new products and diversification of distribution channels. As a result, all business divisions set new records for quarterly revenue.

This year, Hecto Innovation plans to accelerate the creation of a stablecoin ecosystem organically linking “wallet-payment-platform” centered on the blockchain infrastructure of Hecto Wallet One. To this end, the company will strengthen the competitiveness of its own B2C app platform while introducing new services connected to digital asset wallets in collaboration with Hecto Wallet One.

Lee Hyuncheol, CEO of Hecto Innovation, stated, “In the first quarter of this year, all business divisions grew simultaneously, and for the first time since our founding, we surpassed 100 billion won in quarterly revenue—a significant achievement.” He added, “We will continue to expand our business through strategic investments to strengthen the stable profitability of our existing business, as well as to secure mid- to long-term growth foundations such as our B2C app platform and digital asset wallet infrastructure.”

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