Codeit Q1 Revenue Soars 67% to KRW 6.4 Billion, Fueled by AI Education Innovation

Edutech startup Codeit is accelerating its preparations for an initial public offering (IPO), demonstrating robust growth with overwhelming performance in Q1 2025, exceeding market expectations. It recorded sales of 6.4 billion KRW and operating profit of 1.5 billion KRW, achieving remarkable growth rates of 67% and 56% respectively compared to the same period last year. Notably, its operating profit margin under K-GAAP reached approximately 24%, and it has maintained monthly surpluses since October last year, solidifying its financial stability. This growth momentum has been demonstrated equally across both B2C and B2B sectors. Demand for online memberships and specialized bootcamps for individual learners drove B2C growth, while strengthening its position in the corporate education market significantly improved B2B performance. Rather than pursuing short-term profits, Codeit is focusing on expanding its business portfolio from a long-term perspective, laying the groundwork for sustainable growth. The core driving force representing Codeit's innovation is its proprietary AI learning partner, 'GURU AI'. This cutting-edge technology analyzes learners' individual study patterns to provide real-time Q&A and recommend personalized lessons. Furthermore, through AI-powered code review features, it maximizes learners' practical skills during the practical training process, elevating the quality of the educational experience to a new level. Codeit is also building unique strengths in content creation. By independently planning and producing educational content through its in-house content team and the 'Codeit Studio' platform, it has achieved both efficiency and quality. This is considered a strategic asset that wide opens the possibility of content expansion into various fields in the future. Beyond mere education, Codeit is actively building an ecosystem that supports individuals' overall growth. The recently launched 'Codeit Connect Internship' program closely connects bootcamp graduates with companies, offering an integrated solution that encompasses talent matching, job placement assistance, and successful career transitions. A Codeit official stated, "Based on our solid financial foundation, we plan to invest more boldly in new business areas such as AI, content, and HR in the future," adding the aspiration, "We will evolve beyond being a simple education company into an innovative growth partner that helps individuals unleash their full potential." In this way, Codeit is redefining the future of education and leading a new era of edutech.