Kurly achieves its first positive EBITDA… Last year’s revenue was 2.1 trillion won.

6% Sales Growth, Operating Loss Recorded at 18.3 Billion KRW
EBITDA First Profited at 13.7 Billion KRW, Transaction Volume Also Increased by 12%, ‘[Reporter Kim Jung-yoo of Edaily] Fresh food e-commerce company Kurly achieved an EBITDA profit for the first time last year before adjustments and amortization.’,
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, ‘Kurly announced on the 5th that its consolidated sales for last year increased by 6% year-on-year, reaching 2.1956 trillion KRW. The operating loss was 18.3 billion KRW, reduced by 125.3 billion KRW from the previous year.’,
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, ‘Adjusted EBITDA improved by 121.4 billion KRW to reach 13.7 billion KRW, marking the first positive EBITDA. During the same period, the total transaction volume (GMV) increased by 12%, hitting 3.1148 trillion KRW.’,
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, ‘A Kurly representative explained, “Achieving this adjusted EBITDA profit is a result of our two-track strategy focused on ‘profit and growth’.” They added, “To secure future driving forces, we maintained a ‘break-even point’ in cash flow while investing the incoming cash in ‘growth investments,’ thus achieving external expansion.”’,
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, ‘In fact, last year Kurly enhanced its competitiveness in its core fresh food sector while expanding its categories into non-food areas such as beauty, fashion, and living. They also bolstered services like supporting partner growth, discovering new brands, and live commerce.’,
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, ‘As a result, both Market Kurly and Beauty Kurly showed consistent growth. Beauty Kurly, in particular, saw a 23% increase in transaction volume compared to the previous year, maintaining double-digit growth for the second consecutive year since its service launch.’,
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, ‘Improvements in shopping benefits like daily free delivery enhanced customer engagement and profitability through Kurly Members. As of the end of last year, the cumulative number of subscribers reached about 1.4 million.’,
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, ‘On the cost-saving side, logistics center optimization was effective. Kurly’s logistics centers in Gimpo, Pyeongtaek, and Changwon significantly reduced operating costs through automated processes, improved order processing efficiency, and stable operations.’,
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, ‘Last year, Kurly expanded its early morning delivery service to cover a total of 11 regions. They also launched daily delivery service to Jeju Island and started operating Kurly Now quick commerce services in Sangam and Dogok.’,
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, ‘A company representative stated, “Thanks to continuous investments in new business and customer management last year, we were able to maintain strong growth despite the challenging economy by focusing on both profitability and growth.” They added, “This year, we plan to focus more on strengthening our core business and exploring new ventures, marking the first year of a renewed leap forward as Kurly celebrates its 10th anniversary.”’,
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