Wanted Lab (376980.KQ) improved profitability in the first quarter, posting revenue growth while narrowing its operating loss. The company's restructuring around its next-generation AI transformation (AX) business is also progressing on track.
According to a regulatory filing with the Financial Supervisory Service Thursday, Wanted Lab reported first-quarter consolidated revenue of 8.9 billion won, up 12.1 percent from a year earlier. Operating loss came in at 900 million won, an 18.7 percent improvement from the prior-year period.
The AX business, which Wanted Lab has identified as its next growth engine, generated revenue of 2 billion won. Its share of total revenue rose to 23 percent in the first quarter from 20 percent for the full year of last year, continuing the segment's expansion.
Centered on its enterprise AI agent creation and operations solution brand Ennoia, Wanted Lab offers an "AX integrated package" that spans employee training, in-house AI environment deployment, and AI-based talent management.
Recruitment business revenue reached 6.3 billion won. The company is upgrading its existing AI agent-based matching technology while also expanding its global operations. It is broadening its presence in the Japanese market through cooperation with Laplace, a Japanese IT talent matching platform in which Wanted Lab took an equity stake in 2024, and has launched "Wanted Global Membership" to address global workforce demand.
"Based on HR data and AI technology, we aim to lead Korea's transition to becoming an AI-native nation," Wanted Lab CEO Lee Bok-ki said. "Building on the performance of our AX new businesses, including AI talent recruitment as well as training, change management and solutions, we will secure both profitability and growth."
