Neptune, an ad-tech platform and mobile gaming company, announced on the 15th that it recorded consolidated revenue of 31.41 billion KRW and an operating profit of 1.72 billion KRW for the first quarter of 2026. This represents a 15.9% increase in revenue compared to the previous quarter, and the company successfully turned to a surplus in operating profit, marking a significant improvement in profitability. On a standalone basis, Neptune recorded 8.15 billion KRW in revenue and 690 million KRW in operating profit, reflecting year-on-year growth of 17.2% and 62.1%, respectively.

Neptune's game business division led the overall growth, recording 26.97 billion KRW in revenue for the first quarter. In particular, the mid-core business unit achieved 2.35 billion KRW in revenue, driven by the domestic launch of its new title, 'Ehrpis', in February. This is a 131.2% increase from the previous quarter and a 182.9% surge compared to the same period last year. Its subsidiary, Nimble Neuron, also contributed to the improved performance with 10.35 billion KRW in revenue. Following the 'Guilty Gear' collaboration last December, the 'Persona' collaboration held in February received positive feedback from users, increasing revenue by 44.5% compared to the previous quarter.

The company's overall advertising business maintained a solid foundation with a total ad transaction volume of 24.46 billion KRW, including in-app advertising (IAA) within games. The ad-tech sector recorded 2.39 billion KRW in revenue, a slight decrease from the previous quarter due to seasonal off-peak effects. However, the ad transaction volume remained at 13.37 billion KRW, proving its traffic competitiveness. Neptune plans to accelerate revenue recovery starting in the second quarter through the expansion of new media channels. The corporate chat solution 'KLAT' business unit saw a 48.3% increase in revenue compared to the previous quarter following the supply of the solution to Kiwoom Securities in January. The KLAT business unit continues to expand its presence by securing additional large-scale partners.

Neptune plans to release over 10 mobile games in the second quarter, including both self-developed titles and those from its subsidiaries. In the HTML5 game business, the company is initiating supply contracts and partnership discussions with major platform operators for domestic and international expansion. In April, the company established 'Krafton Ad Platform India' to begin the global expansion of its ad-tech platform. In the hybrid-casual game sector, Neptune has been conducting a global contest with Krafton since April 21st and is strengthening its lineup competitiveness through continuous game testing. Neptune is accelerating its penetration into the global market by strengthening its self-development and publishing capabilities, which combine in-app purchase and in-app advertising revenue models.

Kang Yul-bin, CEO of Neptune, stated, "The first quarter of 2026 achieved meaningful profitability improvement due to the domestic launch of the new title 'Ehrpis' and the success of Nimble Neuron's collaborations." He added, "We will continue to maintain our growth momentum according to our roadmap through the sequential launch of scheduled global mobile game titles, strategic partnerships with major Indian media, and the phased expansion of our ad-tech business after the second quarter." CEO Kang also noted, "By gradually pushing into the Indian ad-tech market and expanding our hybrid-casual game publishing business, we will step-by-step lay the foundation for mid-to-long-term growth to leap forward as a full-stack ad-tech company."