Tomato System Inks KRW 6.9 Billion Deal with Wonkwang University

On September 25, 2025, Tomato System signed a contract with Wonkwang University for the ‘Next-Generation Integrated Information System Construction Project,’ worth KRW 6.9 billion. This represents a significant 10.36% of Tomato System’s annual revenue in 2024. The contract period extends until September 13, 2027.

Why is this contract significant?

This contract signifies more than just a business acquisition. It demonstrates Tomato System’s technological prowess and stability, while strengthening its competitiveness in the public/education sector. It not only increases the likelihood of similar project acquisitions in the future but is also expected to positively impact performance in 2025 and 2026, driving revenue growth.

Key Investment Points for Investors

  • Stable revenue growth: The KRW 6.9 billion contract will significantly contribute to revenue growth over the next two years.
  • Strengthened business portfolio: Entry into the public/education sector demonstrates the company’s credibility and technological capabilities, positively impacting future business expansion.
  • Expectation of additional contracts: Based on this contract, there is potential for additional contracts of similar scale.

Investment Considerations

Of course, investments always come with considerations. Investors should closely monitor the profitability and implementation schedule of the contract and pay continuous attention to changes in the competitive landscape and technological trends in the IT services market.