1. Koocon Q2 Earnings: Key Highlights

Koocon reported KRW 34 billion in revenue and KRW 9 billion in operating profit for Q2 2025, both showing year-over-year declines. Although net income increased due to non-operating income, the slowdown in core business profitability remains a concern.

2. Reasons for Revenue Decline and Future Outlook

The decline in revenue is primarily attributed to intensified competition and macroeconomic uncertainties. However, Koocon is striving to secure growth momentum through the expansion of new businesses such as MyData and data aggregation/analysis. The success of these new ventures will be crucial for revenue recovery.

3. Hidden Growth Drivers: Leading the MyData 2.0 Market

As a leader in the MyData market, Koocon is expected to achieve further growth in the era of MyData 2.0. The company is actively pursuing new business opportunities, including data combination/appropriateness assessment and foreign currency transfer services, to secure future growth engines.

4. Action Plan for Investors

  • In the short term, carefully review the earnings announcement and analyze the reasons for the revenue decline and the company’s recovery strategy.
  • In the long term, it’s crucial to monitor the performance of new businesses and the impact of macroeconomic variables.