Sales of 129 billion won, operating profit of 39.1 billion won Recorded highest performance since inception Success in transformation into a career tech company Career Tech Platform Saramin HR performance. [Data provided by Saramin] Saramin HR, a career tech platform company, achieved record-breaking performance last year. Saramin HR announced on the 16th that it recorded 129 billion won in sales and 39.1 billion won in operating profit on a consolidated basis last year. Compared to the previous year, sales increased by 32.7 billion won and operating profit by 15 billion won, surpassing 100 billion won in sales for the first time since its establishment. Saramin HR declared a change into a tech company. It is evaluated that it is pioneering the field of artificial intelligence (AI) talent recruitment based on user big data and information technology (IT) human resources. Last year, the matching platform division, a core business, led the growth, with sales increasing by 53.2% (28.5 billion won) compared to the previous year. The talent pool service, which matches 10 million talents with companies every day by analyzing 170,000 announcements and 2.19 million behavioral data in real time every day, increased by 70.1% in January this year (on average on weekdays) compared to the same month last year. Based on natural language processing technology, AI-based job coaching services such as AI cover letter coaching that analyzes sentences and coaches meaning beyond simple keyword analysis based on natural language processing technology, and IM Ground The Ready, which analyzes mock interview videos by human AI and provides reports, have been introduced one after another. The number of companies using MUST, a company-targeted service that can conduct the entire process from recruitment design to evaluation, video interview, and applicant presentation in a one-stop, non-face-to-face environment increased by 98.6% compared to last year, driving sales. Saramin HR is building a large-scale tech organization and promoting related new businesses. In 2014, AI LAB, a research organization specializing in AI and data science, was established for the first time in the industry and is researching related technologies. The number of IT personnel reached 200, the largest in the industry. Saramin introduced services that applied new technologies first in the industry, such as AI (2016), blockchain (2020), and video interview (2020). The performance of Saramin HR has been increasing over the past five years. Operating profit, which was 15.5 billion won in 2017, is 27.3 billion won in 2019 and 39.1 billion won in 2021, changing the leading position in a two-year cycle and continuing the growth. From 2017 to last year, the average annual operating profit growth rate (CAGR) reached 26%. Sales increased by 47.7 billion won (59%��) from 81.3 billion won in 2017 to 129 billion won last year. Other business segments are also growing. Jumpit, launched in March, is growing in appearance, with individual member subscribers increasing by 239%, regular registration resumes by 874%, and job applications by 774%. An official from Saramin said that the growth of Jumppit was mainly due to the fact that the service was designed for the hiring of IT developers different from general jobs, such as supporting recruitment and career management based on the technology stack for the first time in Korea. The recruitment consulting sector, which focuses on recruitment agencies, is also maintaining stable growth. Based on 127,000 big data, it uses a spectrum of AI solutions developed in-house to filter out inaccurate articles such as plagiarism and insincerity. A professional inspection organization composed of people with more than 3 years of experience manages everything from problem inspection to calculation of results for each type, and is getting good reviews. Saramin HRs strategy for this year is summarized in the expansion of new platforms and enhancement of service competitiveness. The plan is to expand customer contact points with The Flap, an HR solution brand for HR managers, and Gig, a person targeting the gig economy era. In addition, it plans to launch AI analysis-based talent recruitment service speed matching in the first half of the year to drive growth. Kim Yong-hwan, CEO of Saramin HR, said that despite the difficult economic situation, he was able to achieve good results by demonstrating his strength based on technological prowess. He emphasized that it will expand and accelerate the provision of services that fit the gig economy market.
