Toss Securities reported that its net income for the first quarter of this year reached 64 billion won, more than five times higher than the previous year, on the 15th. Toss Securities has achieved a profit for six consecutive quarters since its first profit turn in the fourth quarter of 2023.
During the same period, Toss Securities' operating revenue (sales) increased by 96% compared to the previous year, totaling 156.9 billion won, marking the highest quarterly performance ever. Operating profit was recorded at 83.2 billion won, up 576% year-on-year.
Toss Securities emphasized that the transaction volume for overseas stock trading in the first quarter increased by 208% compared to the same period last year. It explained that the revenue from transaction fees and currency exchange fees, driven by the increase in transaction volume, also rose by 206% and 155% year-on-year, respectively, becoming a key driver of performance growth.
Kim Kyu-bin, CEO of Toss Securities, noted, "We plan to introduce various new services in the second half to expand investor portfolios and diversify our business." He added, "We will enhance the convenience and stability of the service so that investors can be more satisfied and utilize Toss Securities."