M83 Turns to Consolidated Operating Profit in Q2: "Growth in AI Infrastructure Business"

Following a turnaround to operating profit on a standalone basis in the previous quarter, M83 also achieved a turnaround to operating profit on a consolidated basis in the second quarter.

According to M83 on August 13, revenue for the quarter reached 4.9 billion won, up 54% year-on-year, and operating profit turned positive at 1.5 billion won. Consolidated revenue for the first half of the year was 11.58 billion won, marking a 172% increase compared to the same period last year.

On a standalone basis, revenue for the second quarter stood at 500 million won, an 82% year-on-year increase, with operating profit also turning positive at 500 million won. Improved profitability in the core visual effects (VFX) business has driven the recovery of standalone results, while strong growth at its wholly owned subsidiary P&T Link, a company specializing in AI infrastructure, further contributed.

The VFX and content production division has been gradually recovering its profitability. While steadily undertaking both domestic and international content production projects, the company is enhancing operational efficiency and productivity by applying AI technology throughout the entire production process, thereby working to improve its profit structure.

The company’s overseas business is also steadily expanding. Global projects awarded by Japanese content producers are progressing smoothly and being recognized as revenue. Building on this, M83 plans to continuously expand business opportunities with overseas studios and in the global content market.

P&T Link, M83’s subsidiary, posted revenue of 9.63 billion won in the first half, driven by rising demand for GPU servers and high-performance storage amid the spread of generative AI. This nearly matches its total sales for the previous year. With ongoing growth in AI infrastructure demand and increased efforts to expand into new markets such as the financial sector, robust growth is expected to continue.

An M83 representative stated, "The second quarter marked the full-fledged turnaround in consolidated results, with growth in the AI infrastructure business and improvements in productivity and profitability in our core VFX operations driven by AI technology." The representative added, "We will do our utmost in the second half of the year to achieve even stronger results by further expanding the AI infrastructure business and reflecting revenue from global projects."

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