ESTsoft Narrows Operating Loss to 1.6 Billion Won... "Proactive AI Investments Pay Off"

ESTsoft has reduced its operating loss, reflecting the results of investments in artificial intelligence (AI) business infrastructure.

ESTsoft announced on the 14th that, on a consolidated basis, its revenue for the first quarter of this year reached 30.98 billion won, with an operating loss of 1.67 billion won. Revenue increased by 22.9% year-on-year, marking the highest first-quarter performance in the company's history.

AI and software sales drove this growth, rising 29% from the previous year to 15.08 billion won. ESTsoft stated, "This outcome is thanks to the growth of our AI business, including the real-time AI avatar service 'Perso Interactive,' and our educational business for nurturing AI talent. Having identified new demand for Perso Interactive through domestic and international exhibitions, we expect the growth trend in AI and software sales to continue this year."

In the gaming division, the launch of the new title 'Cabal RED' boosted revenue by 39.3% year-on-year to 8.85 billion won.

The operating loss decreased by 2.7 billion won, reaching 1.67 billion won. ESTsoft explained, "The results of investments in AI business infrastructure have begun to be fully reflected in our performance, and this has been further supported by a base effect from decreased internal transactions and lower personnel expenses."

An ESTsoft representative commented, "The proactive AI investments we have made through last year have begun to deliver tangible results, including revenue growth and improved profitability in the AI and software segments. We expect continued performance improvement driven by the domestic and global expansion of Perso Interactive, the growth of our AI education business, and stable revenue from new game releases."

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