1. What Happened? WizCorp’s H1 2025 Performance Review

WizCorp reported consolidated revenue of KRW 52.7 billion in H1 2025, a 10.4% increase year-over-year. However, operating profit declined by 26.1% to KRW 1.5 billion due to increased selling, general and administrative expenses, and financial costs.

2. Why These Results? Segment Performance Breakdown

  • Highway Service Segment: Continued steady growth, driven by increased highway traffic and new service area openings.
  • Academy Segment: Significant decline in revenue (56.5% YoY) due to declining student population, increased competition, and impacting overall performance.

3. What’s Next? Investment Strategy and Key Considerations

WizCorp maintains a strong financial position with zero debt, enabling stable business operations. However, the continued decline in the academy segment could hinder growth. Investors should focus on:

  • Turnaround strategy for the academy segment
  • Efforts to improve profitability through SG&A and financial cost optimization
  • Investment plans for new growth drivers

4. Investor Action Plan

Currently, WizCorp holds a ‘Neutral’ investment rating. The growth potential of the highway service segment and the robust financial structure are positive factors. However, continued struggles in the academy segment could limit overall growth. Therefore, investors should carefully monitor the key considerations mentioned above when making investment decisions.