Yanolja FY Total Transaction Value Soars 186% To Record
Oops, something went wrong By Karen Roman Yanolja Co., Ltd. said FY2024 total transaction value increased 186% to 27 trillion Won (USD 18.3 billion) compared to the year prior. Operating revenue rose 22% to reach 924.5 billion Won (USD 625.6 million), with enterprise solutions revenue growing 62% to 292.6 billion Won (USD 198 million), it stated. Adjusted EBITDA was 114.7 billion Won (USD 77.6 million), up 68% compared to the prior year and adjusted EBITDA margin was 12.4%, the company said. “As we advance our mission to revolutionize the travel industry, our recent strategic partnerships with Google Cloud and Amazon Web Services in addition to our collaboration with OpenAI mark a significant step forward as these collaborations will drive the development of a next-generation, AI-powered data enablement platform, further solidifying Yanolja’s position as a global travel technology leader,” said Sujin Lee, the company’s Chairman and CEO. Contact: Exec Edge Editor@executives-edge.com Sign in to access your portfolio