CLASSYS (214150) Q4 2025 earnings summary

Executive summary

• Achieved record quarterly revenue of ₩934 billion in 4Q25, up 25.6% year-over-year and 12.6% sequentially, marking 19 consecutive quarters of YoY growth.

• Annual revenue reached ₩3,368 billion in 2025, a 38.6% increase from 2024.

• Operating profit for 4Q25 was ₩512 billion, up 43.0% YoY and 36.1% QoQ, with annual operating margin at 50.7%.

• Overseas sales accounted for 70% of 4Q25 revenue, driven by strong equipment sales in Europe and the Americas.

Financial highlights

• Gross profit for 4Q25 was ₩720 billion, up 26.8% YoY and 13.0% QoQ, with gross margin improving despite higher equipment mix.

• Net income attributable to controlling interests was ₩426 billion in 4Q25, up 48.3% YoY.

• EBITDA margin for 4Q25 was 58.7%; annual EBITDA margin was 55.0%.

• Cash and equivalents increased to ₩2,076 billion at year-end 2025.

Outlook and guidance

• 2026 revenue guidance set at ₩4,700–₩5,100 billion, representing 40–51% YoY growth.

• Growth to be driven by accelerated expansion in Brazil, Japan, the US, and Europe, with new product launches and enhanced service strategies.

• B2C home beauty segment expected to accelerate with new product launches and expanded distribution.

• China market entry planned, with regulatory approvals and distributor agreements underway.