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[Alpha Biz=(Chicago) Reporter Kim Jisun] Yanolja announced on the 30th that it recorded sales of 1,537 billion won and operating loss of 12 billion won in the first quarter of this year. Compared to the same period last year, sales grew by about 56%, but operating losses increased by 5.3 billion won, turning into a deficit.
The adjusted EBITDA (pre-amortization operating profit), which excludes intangible asset amortization and stock option costs, continued its surplus with 1.9 billion won.
The company explained that sales grew due to increased sales of the Yanolja platform and the Yanolja cloud and the interpark connection effect.
By sector, sales in the Yanolja platform sector grew 9% year-on-year to 82.2 billion won based on increased overseas sales and growth of non-accomodation sectors such as leisure.
Yanolja Cloud sales grew 56% year-on-year to 28.4 billion won. This is the result of Yanolja Cloud Korea's increased channeling sales, growth of its flagship subsidiaries, and the new inclusion of Insoft and GustoX. Adjustment EBITDA recorded -4.6 billion won as the deficit was reduced.
Interpark recorded KRW 47.8 billion in sales as sales in the tour sector continued to increase due to the vitalization of overseas travel following the endemtic. However, the adjusted EBITDA recorded -4.5 billion won due to the cost of selling the commerce sector and the resulting one-off cost.
Alphabiz Reporter Kim Jisun(stockmk2020@alphabiz.co.kr)
