Wrtn Records 15-Fold Revenue Growth in 2024

Technology|
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By Kim Tae-ho
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null - Seoul Economic Daily Technology News from South Korea

Wrtn Technologies, an artificial intelligence service platform company, announced Wednesday that it recorded 47.1 billion won in revenue last year.

The company's 2024 revenue increased 15-fold compared to the previous year's 3 billion won. Operating losses for last year totaled 58.8 billion won. Wrtn explained that while revenue grew 15-fold, operating losses less than doubled, indicating the company has entered the early phase of a J-curve growth trajectory.

"This year, we will maintain our growth as Korea's leading AI service company through revenue diversification, including the full-scale launch of our AI transformation (AX) business and global market expansion," Wrtn CEO Lee Se-young said.

Wrtn gained widespread brand recognition among the general public last year by featuring singer G-Dragon as its advertising model.

Original reporting by Kim Tae-ho for Seoul Economic Daily.

AI-translated from Korean. Quotes from foreign sources are based on Korean-language reports and may not reflect exact original wording.

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