Toss Achieves Record-High Operating Revenue of 1.2 Trillion Won in First Half, Up 35% Year-on-Year

Operating Profit of 154.6 Billion Won, Net Profit of 105.7 Billion Won
Synergy Between Consumer and Merchant Services

Viva Republica, the operator of Toss, announced on August 14 that Toss's consolidated operating revenue for the first half of the year reached 1.2355 trillion won, marking a 35.2% increase compared to the same period last year (914.1 billion won).

Operating profit was 154.6 billion won, and net profit was 105.7 billion won, both showing an upward trend since the company turned profitable on an annual basis last year.

Toss analyzed that its profits were realized as revenue increased across the platform and profitability improved in key business segments. In particular, the growth in revenue outpaced the rise in costs, resulting in a more pronounced operating leverage effect in the company's performance.

The full-fledged synergy between the consumer and merchant service business segments also contributed to revenue growth.

Revenue from the consumer service segment stood at 802.1 billion won, accounting for 64.9% of consolidated revenue in the first half. This segment includes services such as money transfers, brokerage, advertising, simple payments, commerce, securities, tax, and authentication. The expanding user base of approximately 30 million subscribers led to increased service utilization, which in turn boosted the revenue share.

Revenue from the merchant service segment was 433.3 billion won, representing 35.1% of consolidated revenue in the first half. This segment encompasses business-to-business (B2B) operations such as payment gateway (Toss Payments) and offline payment terminal sales (Toss Place).

This growth was influenced by an increase in corporate clients due to the expansion of the Toss ecosystem and a revenue structure centered on transactions.

A Toss representative stated, "We continue to strengthen our position as an integrated platform that provides a wide range of financial services-including money transfers, payments, investments, and tax services-within a single app. The increase in service usage based on our 30 million subscribers, along with enhanced profitability in our core business segments, has led to improved performance."