Dunamu Q1 2025 Revenue KRW 516.2 Billion, Down 32% QoQ

Dunamu, a leader in the fintech and blockchain industries, announced its Q1 2025 earnings, receiving a somewhat disappointing report card. According to the Financial Supervisory Service's Electronic Disclosure System, Dunamu's consolidated revenue (operating revenue) for Q1 2025 was 516.2 billion won, a 31.5% decrease compared to the previous quarter (Q4 2024). Profitability also showed signs of slowing down. During the same period, operating profit decreased by 34.8% from the previous quarter to 396.3 billion won, and net profit also fell by 39.1% to 320.5 billion won. This clearly indicates an overall decline in performance. Dunamu analyzed that several complex factors contributed to this poor performance. Specifically, international economic uncertainties, such as the escalated tariff wars since the inauguration of the U.S. Trump administration, were cited as having significantly dampened investment sentiment. Furthermore, a shift towards Bitcoin, leading to reduced interest in altcoins, was also cited as a major reason for the decrease in overall digital asset trading volume. Meanwhile, Dunamu, established in 2012, has maintained robust growth in the digital asset, securities, and asset management sectors. It continues its efforts to become a global platform that connects the real and virtual worlds and expands the horizon of transactions through blockchain technology. Despite this decline in performance, attention is focused on how Dunamu will maintain its leadership in the future blockchain and fintech markets.