Douzone Bizon (012510) Q2 2026 earnings summary

Executive summary

• Completed merger with holding company, simplifying group structure and enhancing operational efficiency; delisted from KOSPI as of July 15, 2026.

• Maintained strong market position in ERP, cloud, and AI-driven business solutions, with continued expansion into fintech and data services.

• Major shareholder changed to Doronicum Co., Ltd. following a comprehensive share exchange.

Financial highlights

• Consolidated revenue for H1 2026: KRW 240.2 billion, down from KRW 446.3 billion in H1 2025.

• Operating income: KRW 76.1 billion (H1 2026), compared to KRW 127.7 billion (H1 2025).

• Net income attributable to owners: KRW 52.9 billion (H1 2026), down from KRW 92.3 billion (H1 2025).

• Basic EPS: KRW 1,800 (H1 2026), compared to KRW 3,104 (H1 2025).

• Total assets: KRW 1,153.2 billion; total equity: KRW 659.4 billion as of June 30, 2026.

Outlook and guidance

• Focus on expanding AI and cloud-based SaaS offerings, leveraging recent partnerships and R&D investments.

• Continued investment in digital transformation and fintech, with new product launches and market entries planned.