1. Dreamus Company Q2 Earnings: Key Highlights
Dreamus Company reported revenue of ₩51.1 billion, operating profit of ₩400 million, and a net loss of ₩1.9 billion in Q2 2025. While revenue decreased year-over-year due to the iRiver divestiture, operating profit turned positive. This highlights the company’s efforts to focus on core businesses and improve its financial structure.
2. Segment Performance: Music Service Decline, MD/Concert Growth
- Music Service (FLO): Revenue declined due to increased competition. While enhancements to AI-based services and cloud transition aim to drive a turnaround, tangible results are yet to be seen.
- MD and Concert Segment: Continued growth driven by the K-POP boom. Focus on future expansion based on their own artist IP.
3. Future Growth Drivers: Blockchain and AI, What’s the Potential?
Dreamus Company has identified blockchain and AI as future growth engines. While specific business plans have not been disclosed, successful commercialization will be a crucial factor determining the company’s future value.
4. Investor Action Plan: Remain Cautious, Monitor Key Metrics
While Dreamus Company is showing positive changes through restructuring, the sluggish music service segment and uncertainties surrounding new businesses remain risk factors. Investors should remain cautious and monitor key metrics such as FLO user numbers, MD/concert segment growth, and new business progress. Exchange rate fluctuations and macroeconomic conditions are also key variables.