Classys Achieves First-Ever 100 Billion Won in Quarterly Sales with Q2 Revenue of 105.5 Billion Won and Operating Profit of 43.9 Billion Won

Sales Up 26.7% on Strong Performance in Global and South American Markets

Classys announced on August 12 that it recorded consolidated sales of 105.5 billion won and an operating profit of 43.9 billion won in the second quarter. Sales increased by 26.7% year-on-year and 21% quarter-on-quarter, surpassing quarterly sales of 100 billion won for the first time since the company was founded. The operating profit margin stood at 41.6%.

The company explained that this performance was driven by robust growth across key overseas markets such as Europe, North America, and Thailand, as well as the contribution from the consolidated results of its South American subsidiary. Global equipment sales—which account for recurring revenue—also expanded evenly across North America, Europe, Central and South America, the Middle East, and Asia, with the total cumulative units sold reaching approximately 48,000 as of the end of June.

By product, the High-Intensity Focused Ultrasound (HIFU) device Ultraformer (domestically branded as Shurink) generated the highest quarterly global sales, leading overall growth. The Monopolar Radio Frequency (MRF) device Volnewmer also maintained robust sales numbers, while the expanded sales of the new product Quadse and increased laser demand in Europe further contributed to the results. Sales from consumables also rose, with overseas consumables sales jumping 32.6% compared to the same period last year.

The parent company's operating profit margin in the second quarter remained above 50%. However, on a consolidated basis, operating expenses incurred during the expansion of overseas operations—including the transition to direct management in South America and Japan—were reflected in the results. The company stated it will continue investing to drive local sales turnarounds and accelerate growth.

Recently, Classys strengthened its management structure by appointing Junoh Yoon, formerly of Samsung Electronics, as CEO, and Taeksu Kim as CTO. Leveraging their accumulated experience in global business management, strategy, and innovative technology, the company plans to further upgrade its business portfolio and enhance global expansion capabilities to accelerate mid- to long-term growth.

A Classys representative stated, "The second quarter was significant as we surpassed quarterly sales of 100 billion won for the first time, driven by growth in key global markets and the expansion of our business scope," adding, "During the second half, we will work to sustain global growth momentum, strengthen package promotions to reinforce domestic market leadership, and simultaneously ramp up both B2B and B2C marketing for a turnaround in Central and South America, further improving our execution of key initiatives."

They continued, "As of this month, our Japanese operations have fully transitioned to a direct sales structure. Based on the recently established management team, we aim to enhance global business competitiveness and technological execution, thereby building a foundation for sustainable growth and increasing corporate value over the long term."

This content was produced with the assistance of AI translation services.