Tmap Mobility said on Feb. 24 it posted 4.4 billion won in earnings before interest, taxes, depreciation and amortisation (EBITDA) and 23.3 billion won in net profit for 2025. It was the first time both indicators were in the black.

EBITDA increased by 29.9 billion won and net profit rose by 100.7 billion won from a year earlier. The figures reflect losses from discontinued businesses such as shared kick scooters and corporate chauffeur driving. A strategy to reshape the business around data and AI improved profitability. The operating profit margin improved by 11.4 percentage points and the net profit margin by 35.3 percentage points from a year earlier.

Last year, Tmap Mobility ended low-profit businesses. It terminated its electric kick scooter service offered through partnerships with providers such as Xingxing and Gcooter. Good Service, its corporate chauffeur-driving subsidiary, was sold to Busan Equity Partners for up to 14.0 billion won. It also sold its entire stake in Carrot General Insurance. After a board resolution on April 23, it sold 6.0 million shares for 36.0 billion won. The sale followed the end of a joint venture.

Results rose sharply across business areas as a result. Revenue from mobility data and solutions increased 35.8 percent from a year earlier. Revenue from TMAP Auto, which is installed in finished vehicles, rose more than 30 percent from a year earlier. The company said a bigger share of high-profit businesses lifted overall results.

Its data business also continued to grow. Usage-based insurance (UBI) revenue linked to driving habits rose 29.4 percent as the number of policy riders tied to driving scores increased 7 percent from a year earlier. Application programming interfaces (APIs) grew 19.3 percent as B2B data supply expanded across various industries.

Platform competitiveness also strengthened. Monthly active users (MAU) reached 15.39 million as it expanded beyond navigation into areas such as AI place recommendations and content-style discovery features. It was a record high. AI service traffic rose to 5.15 million in the fourth quarter from 2.44 million in the third quarter.

CEO Jae-hwan Lee (이재환) said the shift to annual profitability was meaningful because the strategy to transform the business structure around data and AI translated into tangible results. He said the company will accelerate entry into a growth track for its mobility data business and expand AI service-based revenue from this year, while strengthening a stable profit-generation structure centred on businesses combining data and AI.