Ably Corp’s 2025 performance chart. [Photo: Ably Corp]

Ably Corp, the operator of fashion platform Ably, said on April 10 its 2025 revenue rose 10.6 percent from a year earlier to 369.7 billion won. Operating loss was 4.3 billion won, with the loss amount down 72 percent from a year earlier. Net loss was 3.0 billion won, down 83 percent. Transaction volume also rose 12 percent to about 2.8 trillion won, a record high.

The company said it posted its highest-ever revenue since its founding while also achieving a qualitative upgrade of the platform’s profit structure. It also stressed that aggressive reinvestment of Ably’s profit into new businesses such as men’s fashion led to both top-line growth and improved profitability.

The company said services revenue rose 20.2 percent from a year earlier to 227.3 billion won. It expanded its scale due to category diversification in fashion, beauty, food and records, and growth in new men’s and global businesses. Services revenue is structured so that platform revenue grows as sellers’ transactions increase. It said that, given the structural characteristic that profitability automatically rises as transaction scale grows, expanding scale directly leads to profit growth.

Merchandise revenue was 142.3 billion won. The company said Ably’s entrepreneurship solution, the Partners model, has established itself as a stable source of revenue.

The company also reported results from reinvesting profits generated through the Ably platform into new businesses. Transaction volume at men’s app 4910 grew 137 percent from a year earlier in 2025. Monthly active users rose to about 3.4 million in December from about 1.7 million in March, nearly doubling.

Its Japan app Amood recorded 6.5 million cumulative downloads in Japan. The number of markets that entered Japan through Amood exceeded 25,000. That came as a result of building a one-stop global expansion process that allows sellers to enter the Japanese market easily, to promote exports of K-fashion. The company said it plans to accelerate efforts to secure additional growth engines and expand its scope, including beauty private brands and offline expansion.

Cash and cash equivalents at year-end were about 100.0 billion won, up about 28.0 billion won from a year earlier. Cash flow from operating activities in 2025 was a surplus of 15.05 billion won. Cash flow from operating activities is an indicator that shows the net change in cash generated through actual business operations, and a surplus means it is accumulating cash through operations without raising external funds.

CEO Kang Seok-hoon (강석훈) said, "Last year was a year in which the profit base of the core platform was strengthened and the results of investment in future growth engines also began to get on track in earnest." He added, "We will continue to provide the services most needed by both users and sellers based on data and technology, and step up the strengthening of new growth engines in earnest."

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