SGA Solutions, a specialized IT security company, has reported a return to profitability in the first half of 2026. This turnaround is attributed to the full integration of Creon Unity, acquired last year, and the restructuring of its security business portfolio.
In a disclosure on August 14, SGA Solutions announced that its consolidated revenue for the first half of 2026 reached 75.1 billion won ($57 million), with an operating profit of 2.13 billion won ($1.6 million). Revenue increased by 309.4% compared to the same period last year, marking a significant shift to profitability.
The company stated, "The expansion of our business portfolio and the restructuring of our integrated security operations have been fully reflected in our results. We have reached a turning point where we can achieve both growth and profitability simultaneously, resulting in both revenue growth and a return to profit."
The growth in the core security solutions sector has been strengthened. Cyber threats, including phishing and malware attacks utilizing generative artificial intelligence (AI), have become increasingly sophisticated, leading to a rise in hacking and ransomware incidents targeting businesses and institutions. Additionally, the demand for server security products, which protect critical systems, has increased due to the expansion of cloud transitions, server infrastructure, and AI data center (AIDC) developments, thereby heightening the need for server infrastructure security.
In the public sector, new security demands arising from the transition to the National Network Security Framework (N2SF) are also rapidly expanding. The company anticipates a significant increase in demand for zero-trust-based access control and account authentication, which continuously verifies users, devices, and access rights while granting minimal privileges.
In response to these market changes, SGA Solutions is implementing a strategy to expand its integrated security business, moving beyond individual security product offerings to protect customers' entire IT infrastructure. The company has established a foundation for integrating products and sales organizations through the merger of its access control subsidiary SGN and endpoint security subsidiary SGA EPS. It plans to respond comprehensively to the demands for N2SF and zero-trust transitions by linking solutions in server security, endpoint security, cloud security, access control, and account authentication.
The solutions division has seen proactive investments in sales and technical support organization restructuring and the expansion of large project acquisition activities to enhance integrated security sales. The company aims to accelerate revenue conversion and improve profitability in the solutions division by securing server security and zero-trust projects in the public and financial sectors in the second half of the year.
The integration of Creon Unity, acquired last year, has been a key driver of revenue growth and the return to profitability. From the first half of 2026, its performance has been fully reflected in consolidated results, generating 47.66 billion won ($36 million) in revenue and 2.95 billion won ($2.2 million) in operating profit from hardware supply and operations. The investment sector also benefited from liquidation profits from Axis Investment, contributing to performance improvement.
SGA Solutions is also building its business references in the zero-trust field. Starting in 2023, it began a proof-of-concept project for the zero-trust security model and has been involved in the Ministry of Science and ICT and the Korea Internet & Security Agency's (KISA) zero-trust projects for three consecutive years until 2025. Last year, it participated in establishing a zero-trust security model for Shinhan Bank in the financial sector. In July of this year, it joined three out of six consortiums in KISA's N2SF implementation support project, working on building authentication and access control systems for public institutions.
Choi Young-cheol, CEO of SGA Solutions, stated, "The return to profitability in the first half signals that the integration of Creon Unity and the restructuring of our business portfolio are beginning to show results. As the sophistication of AI-driven cyberattacks and the transition to N2SF rapidly increase the demand for server security and zero-trust solutions, we will quickly convert our integrated security business into revenue and sales in the second half to achieve both growth and profitability."
* This article has been translated by AI.
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