Soop (067160) Q4 2025 earnings summary

Executive summary

• Q4 2025 revenue was KRW 119.3 billion, up 7% year over year but down 5% quarter over quarter.

• Annual revenue for 2025 reached KRW 469.7 billion, a 13.7% increase year over year, with significant advertising growth.

• Net profit for Q4 2025 was KRW 23.1 billion, down 22% quarter over quarter and 11% year over year, mainly due to lower operating profit.

• Platform revenue remained flat for the quarter, while advertising saw strong momentum from subsidiary synergies and BTL engagement.

• Strategic focus on gaming content led to increased user engagement and viewing traffic.

Financial highlights

• Platform revenue for Q4 2025 was KRW 77.5 billion, down 7.8% quarter over quarter and 5.9% year over year.

• Advertising revenue in Q4 2025 was KRW 40.2 billion, up 3% quarter over quarter and 44.5% year over year, driven by subsidiary performance and BTL advertising.

• Full-year advertising revenue was KRW 131.9 billion, up 61% year over year.

• Operating profit for Q4 2025 was KRW 27.8 billion, down 23% quarter over quarter and nearly flat year over year, with an operating margin of 23.3%.

• Annual net profit for FY2025 was KRW 98.4 billion, down 4% year over year.

Outlook and guidance

• Integration of global and Korea platforms into a unified Global One platform is expected by Q1 or Q2 2026, aiming for increased platform revenue and global expansion.

• New three-year shareholder return policy (2026–2028) will base payouts on consolidated net income, targeting at least 25% payout ratio.

• Multi-translating service to be launched in several months to enhance global accessibility.