Yanolja reported on the 14th that its consolidated operating loss for the second quarter of this year was 2.5 billion won, marking a shift to a loss compared to the previous year. Revenue for the same period was 244.5 billion won, an increase of about 5%.
According to the Korea International Financial Reporting Standards (K-IFRS), Yanolja's consolidated revenue for the first half of this year reached 462.7 billion won, up 7.1% compared to the same period last year. Adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) was 56.7 billion won, with a margin of 12.3%.
The integrated transaction amount for the first half of the year was 16.4 trillion won, a 67% increase compared to the same period last year, setting a record high. The company noted that despite a slowdown in the economy affecting travel demand, strengthening its presence in emerging markets such as Europe, the Americas, the Middle East, and Latin America was effective, increasing the proportion of overseas transactions by about 14 percentage points to 77% compared to the previous year.
By institutional sector, the enterprise solutions sector (Yanolja Cloud) saw first-half revenue of 158.8 billion won, which is a 25% increase from the previous year. Adjusted EBITDA for the same period was 38.8 billion won, an increase of about 32% year on year.
The consumer platform sector (Nol Universe) recorded first-half revenue of 322.8 billion won and adjusted EBITDA of 35.7 billion won. It showed a consistent growth trend in key travel and leisure areas such as accommodation, tickets, and activities.
A Yanolja official said, "We will strengthen profitability based on the ongoing growth of our global solutions business, and through strategies to improve user experiences and marketing efficiency across all sectors of accommodation, leisure, and culture, we aim to achieve continuous performance improvement."