Toss Securities Co. announced on Friday that it posted an operating profit of 149.2 billion won ($103.43 million) for 2024, marking a turnaround from the previous year’s losses.

The company also reported a net profit of 131.5 billion won, achieving two consecutive years of net profit following its first in 2023.

This marks the first time since its 2021 launch that Toss Securities has posted full-year operating and net profits.

Annual revenue surged 111 percent year-over-year to 426.6 billion won in 2024, driven by an increase in domestic and international stock brokerage fees and foreign exchange commission revenue.

A key growth factor was the surge in overseas stock trading by Korean retail investors, with Toss Securities’ total foreign stock transaction volume soaring 211 percent year-over-year.

The company also gained about 1 million new customers in 2024, pushing its total registered users beyond 6.6 million by year-end. Its monthly active users (MAU) grew by 39 percent year-over-year to 3.84 million.

Toss Securities credited its strong performance to growing customer interest and support, stating that it will continue to enhance its infrastructure and technology to establish itself as a premier investment platform for all Korean users.

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