Danal, an integrated payments business company, said on Feb. 26 it posted 2025 consolidated revenue of 225.9 billion won and operating profit of 2.4 billion won.

Revenue fell slightly from 2024, but operating profit rose about 70 percent as the company reshaped its business around profitability despite higher spending on new business R&D and investments in affiliates.

It posted a net loss after unconverted amounts of convertible bonds (CB) were recognised as valuation losses on derivatives as the company value (share price) rose, resulting in an accounting loss. Most of the remaining amounts were converted into shares, and a turnaround in results is expected this year.

Danal is focusing on expanding new businesses based on its core payments infrastructure. Following its prepaid card for foreigners, K.ONDA, it plans to launch a foreigner-targeted prepaid SIM service in the first half to generate business synergies.

Its stablecoin financial service, which is ready for commercialisation, is working to expand its ecosystem through cooperation with commercial banks and a consultative body to ensure stable implementation of the business.

Danal plans to strengthen its position as a market leader by launching an online and offline payments and remittance model that meets regulatory guidelines and user needs, after laws are enacted. It said it has successfully concluded a bank-linked proof of concept (PoC) for global remittances and is holding additional talks on introducing a local payments service aimed at revitalising regional economies.

A Danal official said, "Last year, we built a solid internal foundation through a high-intensity overhaul and profit-focused management." The official added, "This year, we will pursue a full-scale leap in performance by ensuring successful market settlement of our foreigner-only platform and stablecoin new business, and by strengthening business competitiveness by affiliate."