RaonSecure reports Q2 revenue of 12.2 billion KRW

RaonSecure reported consolidated revenue of 12.2 billion KRW and an operating loss of 700 million KRW for the second quarter. The decline in total revenue compared to the previous year is primarily attributed to the exclusion of its subsidiary, Inbiznet, which was sold at the end of last year.

Despite the overall loss, core business segments showed growth. White Hat consulting revenue increased by 37.3% year-on-year, marking six consecutive quarters of double-digit growth. Blockchain service revenue also rose by 15.2% when excluding Inbiznet. The company is also expanding its presence in Post-Quantum Cryptography (PQC) and AI-driven security services through partnerships and new contracts in the financial sector.