1. SonoSquare Q2 Earnings: Key Highlights

SonoSquare reported revenue of KRW 45.7 billion, operating profit of KRW 1.2 billion, and net income of KRW 0.9 billion in Q2 2025, marking a successful return to profitability. This represents a remarkable 30.6% year-over-year revenue increase and a 52.3% increase compared to the previous quarter.

2. Drivers of the Turnaround: What Fueled the Growth?

  • Revenue Growth: A general business recovery, combined with the effects of new business ventures, drove the revenue increase.
  • Cost Efficiency: Consistent cost management efforts played a key role in achieving positive operating income.
  • Improved Financial Structure: The debt-to-equity ratio decreased to 57.93%, significantly enhancing financial health.

3. Investment Considerations: What are the Potential Risks?

  • Struggling MRO Business: The past underperformance of the MRO business has not been fully resolved, and its high dependence on related companies poses a risk.
  • Continued Losses in the Rental Business: Improving profitability in the rental business is an urgent task.
  • Macroeconomic Uncertainty: Interest rate and exchange rate volatility are factors to consider when investing.

4. Action Plan for Investors: How to Approach Investment?

While SonoSquare’s return to profitability is encouraging, several risk factors remain. Before making investment decisions, carefully consider the MRO business recovery, new business performance, and macroeconomic variables. A long-term investment perspective is recommended, along with close monitoring of future earnings announcements and market conditions.