Douzone Bizon (012510) Q4 2025 earnings summary

Executive summary

• Achieved strong revenue growth from 2023 to 2025, driven by cloud and AI-integrated solutions.

• Operating profit and net profit margins improved significantly, reflecting cost control and operational efficiency.

• AI services (WEHAGO, Amaranth 10, OmniEsol) underpin business stability and future growth.

Financial highlights

• 2023 consolidated revenue: KRW 354.6B (+16.5% YoY); 2024: KRW 402.3B (+13.5% YoY); 2025: KRW 446.3B (+10.9% YoY).

• Operating profit: KRW 45.5B (2022), KRW 72.4B (2023), KRW 88.1B (2024), KRW 127.7B (2025).

• Net profit margin rose from 8.0% (2022) to 22.1% (2025); net profit: KRW 98.5B (2022), KRW 38.5B (2023), KRW 78.0B (2024), KRW 98.5B (2025).

• Dividend payout increased to 31% of net profit (KRW 640/share) in 2025.

Outlook and guidance

• Continued revenue and profit growth expected, led by AI and cloud solutions.

• Operating leverage and cost reductions from generative AI to further boost margins.

• Expansion of digital banking, healthcare, and X-commerce platforms to diversify revenue.