Yanolja Cloud's H1 Global GMV Tops KRW 13.8 Trillion, Up Tenfold in 2 Years

## Yanolja Cloud Achieves 13.8 Trillion Won in Global Transaction Volume in H1 with '10-fold Surge'... Also Secures Profitability Yanolja Cloud, Yanolja's enterprise solution subsidiary leading the global travel tech market, surprised the industry by announcing remarkable first-half results. In the first half of this year, its global consolidated transaction volume recorded a whopping 13.8 trillion won, showing astonishing growth of approximately 10 times in just two years compared to the first half of 2023 (1.3 trillion won). Notably, by generating 91% of its total transaction volume overseas, Yanolja Cloud demonstrated its true nature as a bona fide global company. Regional growth was also evenly distributed, proving that its robust global expansion strategy was effective. The Europe and Middle East (EMEA) region surged 96% year-on-year to 6.4 trillion won, while the Americas (NA·LATAM) region achieved 4.2 trillion won, growing by 105%. Asia (excluding Korea) also expanded to 2 trillion won with a steep growth rate of 129%, achieving balanced growth across all regions. What was astonishing was not merely the external growth. Financial health also dramatically improved. First-half revenue recorded 158.8 billion won, a 2.7-fold increase compared to the same period in 2023 (59.3 billion won). Adjusted EBITDA, which was an 8.8 billion won deficit two years ago, turned into a 38.8 billion won surplus, proving its strong profit generation capability. The adjusted EBITDA margin reached 24.4%, demonstrating that high profitability is maintained even amidst rapid growth. The core driver of this growth was the AI-based data and hospitality solutions (Data/SaaS) business. Revenue from the Data/SaaS segment recorded an explosive growth rate of 92% year-on-year, accounting for 27% of total revenue and contributing a significant 35% to adjusted EBITDA, clearly demonstrating its potential as a future growth engine. This signifies a successful transition beyond simple transaction brokerage to high-value-added technology solutions. Yanolja operates under the leadership of CEO Lee Su-jin, while Yanolja Cloud is led by CEO Kim Jong-yoon. Regarding these achievements, CEO Kim Jong-yoon stated, "We are successfully realizing high growth and global expansion based on our Data/SaaS capabilities," adding, "In the future, by strengthening our global data infrastructure and advancing hotel operation automation technology, we will solidify our unparalleled competitive advantage in the travel tech market."