Banksalad said on Tuesday it recorded 26 billion won in revenue in 2025, up 77 percent from 14.7 billion won a year earlier. Operating costs rose 14 percent over the same period to 33.6 billion won.

Operating costs excluding non-cash expenses such as stock-based compensation were tallied at 27.9 billion won. Adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) were minus 1.9 billion won, a 74 percent improvement from a year earlier.

Net loss excluding non-cash and one-off accounting factors related to redeemable convertible preferred shares (RCPS) was around 600 million won, down 89 percent from a year earlier. It was assessed to have entered a range where turning profitable on an annual basis is within sight.

The company adopted K-IFRS starting with its 2025 business report. It also converted RCPS, which are classified as liabilities under K-IFRS, into common shares and confirmed them as equity.

Growth is also continuing. Banksalad posted a compound annual growth rate (CAGR) of 104 percent in revenue over the past 2 years since the introduction of MyData.

Insurance revenue rose 160 percent from a year earlier, and the number of consultations for its data and AI-based insurance diagnosis service increased 146 percent.

User metrics also improved. Monthly active users (MAU) rose 22 percent from a year earlier and average revenue per user (ARPU) increased 25 percent. Advertising revenue also grew 175 percent, advancing revenue diversification.

Banksalad plans to pursue the advancement of a data-based financial AI agent across loans, cards and insurance, and to strengthen its "AI-native company" strategy of shifting services and overall operations to an AI-centric model.

A Banksalad official said, "Based on data and AI technology, we are strengthening platform competitiveness that provides customers with tangible financial benefits." The official added, "Through customer-centric data products, we will secure both growth and profitability."