Toss Securities has successfully achieved a net profit for the second consecutive year. Revenue increased by 111% compared to the previous year.
Toss Securities announced on the 14th that its revenue was 426.6 billion won, an increase of 111% compared to the previous year, and its operating profit turned to a surplus of 149.2 billion won. The net profit also recorded 131.5 billion won. This is the first time Toss Securities has achieved a surplus in both operating profit and net profit.
Toss Securities cited the increase in revenue from domestic and foreign stock transaction commissions and foreign exchange transaction commissions as reasons for its performance growth. A Toss Securities representative noted, "In particular, the enthusiasm of domestic individual investors for overseas stock investments has led to a notable increase in related commission revenues." In fact, the transaction volume of overseas stocks surged by 211% compared to the previous year.
The number of subscribers also increased significantly. Toss Securities attracted approximately 1 million new customers last year. As of the end of December last year, the cumulative number of subscribers surpassed 6.6 million. The monthly active users (MAU) increased by 39% compared to the previous year, reaching 3.84 million.
Kim Kyu-bin, CEO of Toss Securities, said, "Thanks to the interest and support from our customers, Toss Securities was able to achieve significant improvements in performance last year," adding, "We will do our best to establish ourselves as an investment platform for the entire nation through differentiated infrastructure and technology."