KakaoPay said on Thursday its annual transaction value in 2025 rose 11 percent from a year earlier to 185.6 trillion won, while consolidated revenue increased 25 percent to 958.4 billion won. Annual operating profit was 50.4 billion won, marking its first full-year profit on a consolidated basis. Quarterly operating profit hit a record high on both a consolidated and separate basis. It said the balance between growth and fundamentals became clear following a turnaround in the first quarter of last year.

Annual transaction value in 2025 rose 11 percent from a year earlier to 185.6 trillion won, extending growth in scale. Revenue-contributing transaction value rose 10 percent over the same period to 53.6 trillion won.

Annual revenue rose 25 percent from a year earlier to 958.4 billion won. It said all business segments maintained steady growth. Financial services revenue rose 59 percent and accounted for 40 percent of total revenue, while platform services posted 63 percent growth over the same period.

Annual operating profit was 50.4 billion won, the first full-year profit on a consolidated basis. Net profit was 55.7 billion won and EBITDA was 83.3 billion won.

Fourth-quarter transaction value rose 14 percent from a year earlier to 49.3 trillion won. Revenue-contributing transaction value increased 15 percent over the same period to 14.2 trillion won, slightly outpacing the growth rate of total transaction value.

Payment service transaction value posted double-digit growth across online, offline and overseas payments, rising 18 percent from a year earlier. Offline payment transaction value, in particular, increased 43 percent from a year earlier on stronger user benefits and greater convenience.

KakaoPay Securities' stock trading value rose 159 percent from a year earlier to 45.0 trillion won, marking a record quarterly result. Remittance services grew 14 percent as more transactions involved transfers to users' own accounts amid the sharp rise in stock trading value.

Fourth-quarter revenue rose 24 percent from a year earlier to 269.8 billion won. It posted double-digit growth across payments, financial services and platform services.

Payment service revenue rose 12 percent from a year earlier, led by gains in online and overseas payments. Financial services revenue increased 34 percent over the same period on investment and insurance services, accounting for 42 percent of total fourth-quarter revenue. Platform services maintained strong growth as it advanced MyData targeting ads, rising 87 percent over the same period.

Operating costs edged down from a year earlier. It said other operating expenses fell sharply despite increases from business expansion, after reflecting costs linked to last year's TMON and WeMakePrice incident in the previous year.

Fourth-quarter consolidated operating profit was 20.8 billion won. It was the highest ever on a consolidated basis, up 31.8 percent from the previous quarter. Separate operating profit also hit a record high of 19.1 billion won. The consolidated operating margin was 7.7 percent and has increased each quarter since a return to quarterly profitability on a consolidated basis in the first quarter of last year.

Its subsidiaries KakaoPay Securities and KakaoPay Insurance are also contributing to improved results.

KakaoPay Securities posted annual revenue of 242.0 billion won and operating profit of 42.7 billion won, achieving its first full-year profit on strong market growth and solid performance of tax-saving products. KakaoPay Insurance recorded fourth-quarter gross written premium revenue of 19.6 billion won as it diversified its product portfolio and sales channels. It grew 87 percent from a year earlier and 19 percent from the previous quarter.

CEO Won-geun Shin (신원근) said, "In 2026 as well, we will provide a better financial experience through continued growth and innovation and grow as we fulfill our social responsibilities."