[AI Brief] Flitto Reports Record Operating Profit of KRW 10.3 Billion Through Q3

IT Daily introduced Flitto’s results announced on the 20th through AI Brief, a column that compiles major AI news from South Korea and abroad.

Flitto said consolidated cumulative revenue for Q3 2026 came to about KRW 31.1 billion, while consolidated cumulative operating profit for Q3 2026 reached about KRW 10.3 billion. It said cumulative results were the highest since the company’s founding.

It explained that cumulative revenue rose 20.7% year on year and cumulative operating profit increased 89.7% year on year. It also said the KRW 10.3 billion in cumulative operating profit represented 167.5% of last year’s annual operating profit of KRW 6.2 billion.

Third-quarter standalone revenue came to about KRW 17.8 billion, and third-quarter standalone operating profit was about KRW 9 billion. The company said quarterly results hit their highest level for a third quarter, and that the third-quarter operating margin was 50.4%.

The company cited growth in its AI translation and interpretation solutions business as the backdrop to the results. Flitto accelerated the expansion of its real-time AI translation and interpretation solution brand, Voglo, after integrating and reorganizing the brand in September. Voglo’s subscribers surpassed 80,000 in the third quarter, up 14 times from the initial stage after its launch in the fourth quarter of last year. Adoption also expanded to global company events such as those held by Amazon Web Services(AWS) and AMD, as well as retail sites including Shinsegae Department Store and Olive Young. In September this year, it also provided services for simultaneous interpretation at the Asian Games opening ceremony.

Against this backdrop, orders for global B2B solutions also continued. Flitto said it signed a solution deployment contract with a global semiconductor company on the 12th, with the contract worth KRW 3.9 billion. This amounts to about 10.8% of last year’s consolidated revenue and is its second major contract after Hanwha Ocean. The company said it is currently discussing additional deployments with multiple global companies, and added that the order volume already secured will be reflected in future revenue.

Flitto continues to use AI data sales, its existing core business, as a revenue source. In June, it launched a 'data marketplace.'

Through this, Flitto is expanding its business from direct sales to data distribution and brokerage. The scope of transactions is also expanding to text, multimodal, and physical AI data.

Lee Jeong-su, CEO of Flitto, said he is determined to sustain the company’s best-ever performance on the back of its AI translation and interpretation solution Voglo and global data hub businesses.

Salesforce held a 'Partner FDE' workshop in Seoul from October 13 to 15. Salesforce introduced 'Partner FDE' in South Korea for the first time as it pushes to strengthen the domestic partner ecosystem’s capabilities in implementing AI agents. It is also accelerating the development of FDE professionals, who specialize in designing, deploying, and optimizing AI agents.

On the 20th, Salesforce announced that it would introduce 'Partner FDE,' an AI agent specialist training program, in South Korea for the first time. To kick off the program, Salesforce held its first workshop in Seoul from the 13th to the 15th. The first workshop was designed as a starting point for strengthening partner capabilities that will support domestic companies’ shift to the 'agentic enterprise.'

The program includes directly sharing Salesforce’s specialized engineering capabilities and technical standards with domestic partners. Through this, the goal is to train specialists who can support the safe and agile design, build, and deployment of AI agents at customer sites based on an understanding of domestic industrial and business environments. Another goal is to continuously cultivate specialists who can help drive actual business outcomes from the use of AI agents.

The first workshop was themed 'FDE Ready: Making Agents Matter.' It took place in Seoul over 3 days. A total of 44 engineers and consultants from 11 domestic system integration(SI) and specialized consulting partners attended the event.

NC AI on the 20th announced a promotion tied to the product overhaul of Varco 3D and Varco Sound. The promotion combines discounts and bonus point benefits.

The promotion runs from October 20 to November 30. It is targeted at new subscribers and existing free users, and benefits apply when they pay for a paid plan for Varco 3D or Varco Sound. The discount applies to the first month’s subscription fee for all paid plans, and it can be used once per account for each service.

The benefits include a 50% discount on the first month’s subscription fee and bonus points. Through this, NC AI aims to encourage new subscribers and existing free users to convert to paid plans and lower the barrier to entry for high-quality 3D generation and multitrack sound production.

NC AI said another purpose of the promotion is to expand opportunities for anyone to turn ideas into content with AI. Varco 3D is a 3D generative AI service with global SOTA-level performance.

Varco 3D provides the ability to generate high-quality 3D assets based on text and images. Users can enter natural-language descriptions or reference images to create input-based three-dimensional outputs. It also supports textures up to 4K resolution and is characterized by its detailed rendering of object surfaces and textures.

Varco Sound has functions for generating poly, SFX, and ambience based on analysis of text, images, and video context.

Varco Sound’s strength lies in multitrack generation that separates individual sounds.

The photo source is DeepFine. DeepFine announced on the 20th that it will jointly develop an AI platform for safe tram operations with the Seoul Metro.

The purpose of the platform is to preemptively recognize and analyze risks that may arise during tram operations and support controllers and drivers in making judgments and responding. To this end, it aims to analyze in real time with AI the movements of various objects around tram tracks, including pedestrians, bicycles, and vehicles.

It also aims to build a tram safety operations platform that can preemptively predict and respond to dangerous situations. The R&D project will be carried out through the '2026 AX Innovation Enterprise Creative Technology Development Project' promoted by the Ministry of Science and ICT and the Institute of Information & Communications Technology Planning & Evaluation(IITP).

DeepFine will be responsible for developing the platform’s core technologies, including multi-sensor-based risk detection and analysis, 3D spatial modeling, a digital twin control system, and smart glass-based driver support technology. This role will be embodied in the first year of R&D as a project to develop AI technology that combines data from multiple sensors, including CCTV and LiDAR, and the AI technology is intended to detect risks around tracks.

Source: IT DAILY · Yang Seung-gap
Original: https://www.itdaily.kr/news/articleView.html?idxno=242321

References

• https://www.itdaily.kr/news/articleView.html?idxno=242321