Viva Republica, the operator of Toss, achieved its highest quarterly performance to date in the second quarter of this year, driven by increased revenue and improved profitability.
On August 14, Toss announced that its consolidated net profit for the second quarter reached 231.8 billion won, a 308% increase compared to the same period last year.
Operating profit was 209 billion won, up 149.7% from 83.7 billion won in the same quarter last year.
For the first half of the year, the net profit stood at 232.8 billion won, reflecting a 120.2% increase year-on-year. Operating profit for the period was 246.1 billion won, a 59.2% rise.
By business segment, revenue from the super app service increased by 70.3% year-on-year to 1.33 trillion won. Revenue from the payments network service rose by 29.7% to 561.3 billion won.
On August 14, Toss announced that its consolidated net profit for the second quarter reached 231.8 billion won, a 308% increase compared to the same period last year.
Operating profit was 209 billion won, up 149.7% from 83.7 billion won in the same quarter last year.
For the first half of the year, the net profit stood at 232.8 billion won, reflecting a 120.2% increase year-on-year. Operating profit for the period was 246.1 billion won, a 59.2% rise.
By business segment, revenue from the super app service increased by 70.3% year-on-year to 1.33 trillion won. Revenue from the payments network service rose by 29.7% to 561.3 billion won.
* This article has been translated by AI.
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