Gold&S Expects Threefold Sales Growth and Turn to Profit by 2026 with Acquisition of Siwon School

Gold&S announced on December 26 that it has held a board meeting and taken its first step toward a corporate value enhancement program by acquiring the education business division of its co-major shareholder, SJW International (SJW).

With this acquisition, Gold&S is expected to grow into an education company with annual sales exceeding 30 billion won by 2026. The company recorded sales of 9.6 billion won in 2024 and cumulative sales of 6.8 billion won for the first three quarters of 2025. The acquired education business division of SJW, Siwon School, generated 21.7 billion won in education business revenue in 2024.

Financial results will be gradually reflected on a consolidated basis starting from January 31, 2026, when the acquisition becomes effective. After the integration, the two brands-Siwon School, which focuses on conversation in 17 languages, and Siwon School LAB, specializing in test-oriented English-are expected to create synergy by complementing each other. The company plans to integrate content development, marketing, information technology (IT) development, publishing, and production infrastructure to reduce overlapping costs and operational inefficiencies, thereby improving profitability.

Siwon School has surpassed 2.9 million cumulative members, won 38 brand awards, and has been named the best brand in the foreign language education sector for nine consecutive years by consumers. It has also ranked first for ten consecutive years in the Premium Brand Index (KS-PBI) for online English conversation learning, solidifying its position as a top consumer-recognized brand. Recently, the company has continued to innovate by introducing artificial intelligence (AI) learning programs for English and Japanese.

A company representative stated, "Co-major shareholder SJW International has decided to integrate key businesses within the same industry to strengthen responsible management as a listed company and to establish a foundation for sustainable growth. As a major shareholder, we will clarify our responsibility and execution for performance improvement, and by integrating the test-oriented English and conversation brands, we aim to secure differentiated competitiveness in the online language education market."