Seoul: South Korean internet tech giant Kakao Corp. reported a significant narrowing of its net loss for the fourth quarter, driven by record-breaking revenue from its flagship platform business. The company's net deficit for the October-December period totaled 39.3 billion won (US$27.1 million), a substantial improvement from the net loss of 395.2 billion won recorded a year ago, as stated in a regulatory filing.

According to Yonhap News Agency, Kakao's operating profit surged 169.7 percent year-on-year to 203.4 billion won, while revenue increased by 9 percent to reach a record 2.13 trillion won. The company attributed this strong quarterly performance to a 17 percent rise in sales from its platform business, highlighting the significant contribution of its core operations.

The flagship platform division of Kakao generated 1.2 trillion won in sales during the three-month period through December, bolstered by increased advertising sales on its mobile messenger, KakaoTalk. Meanwhile, sales from its content unit remained nearly unchanged at 910.6 billion won, indicating stability in that segment.

For the entire year of 2025, Kakao reported a net profit of 525.7 billion won, marking a turnaround from a net loss of 161.9 billion won in the previous year. The company's operating profit for the year soared 59.1 percent year-on-year to 732 billion won, with annual sales rising by 2.9 percent to 8.09 trillion won, underlining a solid financial performance throughout the year.