With AI and SCM Solutions, Achieves Record-Breaking Q3 Results
BI MATRIX achieved its highest-ever performance in terms of accumulated sales for the third quarter, driven by the surge in demand for generative AI solutions and supply chain management (SCM) solutions. Since being listed on the KOSDAQ market last November, BI MATRIX has continued to grow, and in its first year after listing, it successfully transitioned to profitability with positive operating and net income, raising expectations for expanded annual performance.
According to the Financial Supervisory Service’s electronic disclosure system on the 15th, BI MATRIX’s third-quarter sales reached 8.96 billion KRW, marking a 77.3% increase compared to the same period last year. Operating profit stood at 1.295 billion KRW, a turnaround from a 1.9 billion KRW loss in the previous year.
On an accumulated basis for the third quarter, sales reached 21.6 billion KRW, a 27.9% increase from 16.9 billion KRW in the same period last year. Operating profit and net income both turned positive, reaching 800 million KRW and 1.4 billion KRW, respectively. In the previous year, the company had posted operating and net losses of 3.1 billion KRW and 2.8 billion KRW, respectively.
BI MATRIX stated that the strong orders for its integrated user interface (UI) platform “AUD Platform” and generative AI solution “G-MATRIX” have significantly contributed to this achievement.
In particular, “G-MATRIX” has larger contract sizes and higher profit margins compared to previous solutions, and the company is seeing increased orders not only from major conglomerates but also from financial institutions and public organizations. The SCM solution “M4PLAN” has also contributed to revenue growth by driving demand in various advanced industries, including semiconductors, secondary batteries, and biotechnology.
Since its listing on KOSDAQ last November, BI MATRIX has been accelerating its global expansion and AI business growth. The company aims to establish the “AUD Platform” as the standard solution for digital transformation while expanding its market reach through a cloud-based business model.