Performance Report as the end of 2023/Q3

(Unit : 1 Billion KRW)

21 Q1 21 Q2 21 Q3 21 Q4 2021 22 Q1 22 Q2 22 Q3 22 Q4 2022 23 Q1 23 Q2 23 Q3
Data Service
Revenue 5.70 6.20 6.60 6.88 25.38 7.22 7.42 8.32 8.10 31.05 8.63 8.99 9.15
Operating Income 2.34 2.63 2.55 2.60 10.11 3.08 3.15 3.40 3.47 13.10 3.11 3.40 3.09
OPM 41.0% 42.4% 38.6% 37.8% 39.8% 42.7% 42.5% 40.9% 42.9% 42.2% 36.0% 37.8% 33.8%
Payment Service
Revenue 8.12 8.75 8.54 8.38 33.79 8.18 8.11 8.04 7.31 31.64 7.70 8.16 8.16
Operating Income 1.54 1.28 1.61 1.83 6.26 1.82 1.89 1.69 1.21 6.61 1.26 1.38 1.39
OPM 19.0% 14.7% 18.8% 21.8% 18.5% 22.3% 23.3% 21.1% 16.5% 20.9% 16.4% 16.9% 17.1%
Total
Revenue 13.82 14.95 15.14 15.26 59.18 15.40 15.53 16.36 15.41 62.69 16.32 17.15 17.31
Operating Income 3.88 3.91 4.16 4.43 16.38 4.90 5.04 5.09 4.68 19.71 4.37 4.78 4.48
OPM 28.1% 26.2% 27.4% 29.0% 27.7% 31.8% 32.5% 31.1% 30.4% 31.4% 16.8% 27.9% 25.9%

2022 Annual Revenue & Operating Income was 62.69billion KRW & 19.71billion KRW, respectively

2023/Q3 Revenue & Operating Income was 17.31billion KRW & 4.48billion KRW, respectively

NOTE

1) New Data Services opened during Q3/2023
- Public MyData Plug-in Service

2) New Data Services to be opened after Q4/2023
- Big Data Processing     - Car Insurance Comparison

YoY/QoQ Performance Analysis as of the end of 2023/Q3

(Unit : 1 Billion KRW)

Type 2020 2021 YoY 22 H1 23 H1 YoY 22 Q3 23 Q3 YoY 23 Q2 23 Q3 QoQ
Data service
Revenue 15.77 25.38 60.9% 14.64 17.61 20.2% 8.32 9.15 10.0% 8.99 9.15 1.8%
Operating Income 5.75 10.11 75.8% 6.23 6.51 4.5% 3.40 3.09 -9.0% 3.40 3.09 -9.1%
OPM 36.% 39.8% - 42.6% 37.0% 40.9% 33.8% 37.8% 33.8%
Payment Service
Revenue 33.60 33.79 0.6% 16.29 15.86 -2.6% 8.04 8.16 1.5% 8.16 8.16 -0.1%
Operating Income 5.25 6.26 19.2% 3.71 2.64 -28.8% 1.69 1.39 -17.8% 1.38 1.39 1.0%
OPM 15.6% 18.5% - 22.8% 16.6% 21.1% 17.1% 16.9% 17.1%
Total
Revenue 49.37 59.18 19.9% 30.93 33.48 8.2% 16.36 17.31 5.8% 17.15 17.31 0.9%
Operating Income 11.00 16.38 48.9% 9.94 9.15 -7.9% 5.09 4.48 -12.0% 4.78 4.48 -6.3%
OPM 22.3% 27.7% - 32.1% 27.3% 25.9% 31.1% 27.9% 25.9%

2023/Q3 Company Revenue showed 5.8%YoY Growth & Company OP, 12.0%YoY Decrease

2023/Q3 Data Service Revenue & OP showed 10.0%YoY and -9.0%YoY Growth, respectively

NOTE

1) For the year 2023, our target YOY growth rate in revenue of Data Service/Payment Service/Company Total is 20~30%/5%~10%/10~15%, respectively.

2) For the year 2023, our target OPM of Company Total is 25~27%.

Yearly Revenue/OP/OPM Trend

Yearly Revenue/OP/OPM Trend
(Company Total)

(Unit : 1 Billion KRW)
그래프 이미지
Type 2019 2020 2021 2022
Revenue 39.53 49.37 59.18 62.69
Operating Income 6.31 11.00 16.38 19.71
OPM 16.0% 22.3% 27.7% 31.4%

Yearly Revenue/OP/OPM Trend
(by the Service Sector)

(Unit : 1 Billion KRW)
그래프 이미지
Type 2019 2020 2021 2022
Data Service Revenue 12.02 15.77 25.38 31.05
Operating Income 2.90 5.75 10.11 13.10
OPM 24.1% 36.5% 39.8% 42.2%
Payment Service Revenue 27.51 33.60 33.79 31.64
Operating Income 3.41 5.25 6.26 6.61
OPM 12.4% 15.6% 18.5% 20.9%

Revenue Ratio

Revenue Ratio of
Payment Service vs. Data Service

(Unit : 1 Billion KRW)
그래프 이미지
Type 2019 2020 2021 2022
Data Service 12.02 15.77 25.38 31.05
Payment Service 27.51 33.60 33.79 31.64
Total 39.53 49.37 59.18 62.69

Revenue Ratio of Fees vs. Set-up Costs

(Unit : 1 Billion KRW)
그래프 이미지