NHN KCP Reports Solid Q1 2025 with KRW 281.1B Sales, KRW 10.9B Operating Profit

NHN KCP announces solid performance for Q1 2025, accelerating efforts to secure future growth engines NHN KCP, a comprehensive payment company, announced its Q1 2025 earnings, firmly demonstrating stable growth and a commitment to future investment. According to the Financial Supervisory Service's electronic disclosure system, consolidated revenue reached KRW 281.1 billion, a 4.8% increase year-on-year, and operating profit recorded KRW 10.9 billion. This indicates NHN KCP's continuous progress as a leader in the payment market. **Background of Growth and Key Achievements** The driving force behind this quarter's performance was the stable expansion of online and offline payment infrastructure. Notably, the successful acquisition of new merchants in high-growth potential sectors such as fashion, global beauty, and cable broadcasting significantly contributed to revenue growth. The company stated that, based on this growth, it is actively recruiting specialized personnel necessary for new solution development and is fully committed to discovering future growth engines. Total transaction volume reached KRW 11.8 trillion, with balanced growth from large domestic and international merchants playing a key role. This demonstrates NHN KCP's capability to stably process large-scale transactions. However, the increase in total transaction volume was somewhat adjusted due to a decrease in Q1 vehicle deliveries from imported car merchants, as well as the impact of suspended transactions resulting from Tmon and WeMakePrice's corporate rehabilitation procedures last year. Nevertheless, active transactions from key merchants played a crucial role in maintaining the overall solid trend. **Future Growth Strategy and Vision** During Q1, NHN KCP focused on enhancing merchant services and investing in new technologies, striving to discover future growth engines. In particular, it aims for sustainable growth by strengthening the competitiveness of its payment platform and expanding linkages with various industries. As Korea's No. 1 electronic payment service provider, NHN KCP solidified its position by joining the "KRW 1 trillion revenue club" last year, providing comprehensive online commerce infrastructure including simple payments, settlement, and security. Moving forward, NHN KCP plans to integrate innovative technologies such as the introduction of artificial intelligence (AI)-based data analysis services and strengthened API linkages to build a more advanced merchant support system. Through this, it is expected to accelerate its evolution beyond a simple payment processing company into a future-oriented commerce platform, proactively responding to market changes. NHN KCP presents a vision to continuously evolve through technological innovation and service advancement, expanding its influence beyond the domestic electronic payment market into the global market.