Source: Valof

Global game publishing platform company Valofe (CEO Shin Jae-myung) announced on the 11th that it recorded consolidated revenue of 10.8 billion won and an operating profit of 1 billion won for the first quarter of 2026. This represents a 24% growth in revenue compared to the same period last year and marks the highest performance ever recorded for a first quarter. Operating profit reached 9%, and as the company has maintained a surplus since the second quarter of last year, it is being evaluated as having stably established a profitability-oriented business structure. This earnings growth is the result of the stable operation of existing services and the full implementation of a strategy to expand the game portfolio. Valofe has secured solid revenue sources based on its global game publishing and platform capabilities, and has established a stable profit structure by focusing on the development of new titles and the acquisition of new IPs. In particular, the company expects management efficiency to improve in the future by introducing generative AI across all aspects of management. The service lineup is also scheduled to be strengthened in the future. Starting with a new 'Kritika' title in the second half of this year, Valofe plans to further expand its revenue base by focusing on the development of new titles featuring IPs such as 'Last Orozin 2' (tentative name) and 'Soulworker'. A company official explained that the company is simultaneously securing profitability and growth through the stable operation of existing services and the expansion of new titles. Activities to enhance shareholder value are also continuing. Valofe is currently in the process of repurchasing 1 billion won worth of its own shares and is strengthening communication with investors through measures such as revamping its IR page. Through these efforts, the company is focusing on increasing management transparency and boosting market confidence.