MPAG Achieves 6.1 Billion KRW in Sales Last Year, Marks Three Consecutive Years of Profitability

70% of Total Sales Generated in North America, Japan, and Other Overseas Markets

Music tech company MPAG announced on January 22 that it achieved consolidated sales of 6.1 billion KRW last year. This represents a 30% increase from the previous year, marking three consecutive years of profitability.

MPAG is leading the digital transformation of musicians' creative activities and overall performance experiences, centering on global digital sheet music trading platforms such as "Ma-eumman-eun Pianist," "Kokorowa Musician," and "mymusic5," as well as AI sound recognition-based global music education apps. Approximately 70% of total sales are generated overseas, including in North America and Japan, the world's largest music markets, with the company breaking its own performance records each year.

Currently, more than 10,000 artists specializing in piano, guitar, strings, vocals, and other fields are active on MPAG's platforms, communicating with performers worldwide through digital sheet music they have created themselves.

As a result, the number of platform artists increased by about 20% year-on-year, and the cumulative number of registered sheet music files surpassed 600,000. The user base now exceeds 4 million. In addition, "mymusic5," launched in October last year, has rapidly attracted new users by offering digital sheet music services integrated with the platform and AI-based real-time automatic sheet music page turning and educational features, thereby demonstrating its potential as a driver for service expansion and growth.

Jung Inseo, CEO of MPAG, stated, "2025 was a meaningful year in which we achieved record sales, successfully executed bold R&D investments and new hiring, and accomplished both external growth and internal stability. Based on our unparalleled AI technology, which has been nationally recognized, we will continue to invest in expanding our influence within the global music ecosystem."