ITCEN Global reported a consolidated operating profit of 33.8 billion won for the first quarter of 2025, marking an approximately 772% increase compared to the same period last year on the 16th.
During the same period, revenue increased by about 80% to 1.6366 trillion won, and net income surged by around 1,400% to 26.2 billion won. This performance is attributed to the balanced growth of the Web 3.0 divisions, such as Korea Gold Exchange and Korea Gold Exchange Digital Asset, and subsidiaries including ITCEN Tech.
On a separate basis, revenue reached 21 billion won, which is a 200% increase compared to the previous year, while operating profit and net income achieved a turnaround at 2.2 billion won and 1.9 billion won, respectively.
ITCEN Global is ramping up the expansion of its Web 3.0 business centered around the physical asset platforms "SenGold" and "GeumBangGeumBang." By the end of 2024, SenGold surpassed a cumulative transaction volume of 1 trillion won and 1.18 million members. GeumBangGeumBang also showed rapid growth, with the transaction volume in the first quarter increasing by 135% compared to the previous quarter and 202% from the previous year.
Additionally, they are expanding digital asset services through the real-world asset (RWA) platform "Gold Station" and gold-based token "GPC."
ITCEN Global achieved its highest performance to date in the first quarter due to the simultaneous growth of its Web 3.0 business and IT service sectors, and plans to continue its growth trajectory through entry into global markets.