1. Rsupport’s H1 2025 Performance: What Happened?

Rsupport recorded consolidated revenue of KRW 26.777 billion (a 43.5% YoY decrease) and operating profit of KRW 4.585 billion (a 24.7% YoY increase) in the first half of 2025. While revenue declined, the significant improvement in operating profit, demonstrating increased profitability, is a key takeaway.

2. Why These Results?

The primary cause of the revenue decline is attributed to the economic downturn and the subsequent contraction in IT investment. However, Rsupport improved profitability through cost management efficiencies and a strategic focus on high-value-added services. The stable performance of core businesses like ‘RemoteCall’ and ‘RemoteView’ is particularly positive. Furthermore, R&D investment, amounting to 21.69% of revenue, has led to the launch of new AI-powered service ‘Airepoto’ and video conferencing product ‘RFICE,’ securing future growth engines.

3. What’s Next?

Rsupport is expected to continue its growth trajectory, supported by its robust fundamentals. The solid growth of its Japanese subsidiary, coupled with the global launch of new AI services, is projected to provide new growth momentum. A low debt-to-equity ratio (14.64%) ensures a stable financial structure even amidst external risks like interest rate fluctuations.

4. Investor Action Plan

Rsupport is a company where investors should focus on long-term growth potential rather than short-term revenue fluctuations. Investors should closely monitor continued R&D achievements, market response to new AI services, and exchange rate/interest rate trends to inform their investment decisions. The company’s performance in the global market, particularly in Japan, and its ability to secure competitiveness in AI services will be crucial factors determining future stock price direction.