CodeIt H1: ₩13.9B Revenue, ₩3.2B Operating Profit; AI Accelerates Growth

Edutech company Codeit has recorded explosive growth through AI-based innovation, successfully turned profitable, and is preparing to apply for a preliminary review for KOSDAQ listing. In the first half of 2025, Codeit achieved sales of 13.9 billion won and operating profit of 2.6 billion won based on K-IFRS, marking approximately 70% sales growth compared to the same period last year. This is a dramatic turnaround, especially when compared to the 1.26 billion won operating loss recorded for the full year 2024, as it shed its operating deficit and established a profitable trend. Codeit anticipates annual sales of over 30 billion won this year, thereby demonstrating stable profitability and rapid growth. The core drivers of Codeit's growth are broadly twofold: 'AI-centric curriculum innovation' and 'AI-powered learning experience.' The 'AI Engineer Course' within the Sprint Bootcamp quickly established itself as the most popular track, and by offering practical, project-based education tailored to the demand for AI developers, it captured the attention of job seekers and those looking to change careers. Furthermore, in the B2C membership and B2B corporate education sectors where demand for generative AI education is surging, Codeit is rapidly supplying practical AI content focused on task automation, data utilization, and prompt engineering, thereby leading the market. Innovations in the AI learning experience are also noteworthy. Codeit's self-developed AI learning assistant, 'GURU AI,' provides personalized Q&A and code reviews, thereby maximizing learning effectiveness. The average course consumption by actual users increased by 95% compared to the previous year, and retention (repurchase rate) metrics are also showing a steady upward trend. Currently, Codeit is expanding its diverse curriculum to include development, data, design, marketing, and AI, maintaining balanced growth across all business segments: membership, corporate education, and bootcamps. Furthermore, it is accelerating its expansion into the HR Tech sector through the development of AI interview assessment and recruitment matching technologies. Starting with AI mock interviews for students, Codeit plans to build an integrated solution connecting education, evaluation, and recruitment to actively support successful career transitions post-learning. Codeit is evolving beyond edutech to become a comprehensive platform that takes responsibility for learners' growth and overall careers.