COMPANY PROFILE / PUBLIC INFORMATION
Megazone Cloud
Profiles are based on public information. Inclusion does not indicate an available investment opportunity or an offer to buy or sell securities.
What They Do
Megazone Cloud helps enterprises plan, build and operate cloud environments, with services spanning AI and data, security and business software. It combines consulting and ongoing operations with cloud-provider partnerships and its own tools. [2][3] The legal entity was established on 3 July 2018 through the spin-off of Megazone’s AWS business. This profile covers Megazone Cloud and its consolidated subsidiaries; Megazone is its parent and a separate company. [1]
Competitive Edge
A BROAD ENTERPRISE SERVICE OFFERING The business connects cloud adoption and operations with AI, data and security services. That creates opportunities to serve more of a customer’s technology requirements, although breadth alone does not establish durable pricing power. [2] CLOUD ECOSYSTEM RELATIONSHIPS AWS and Google-related services are part of its offering. Its position between cloud providers and enterprise customers gives it a role in implementation and operation as customers’ needs change. [3] REVENUE GROWTH WITH IMPROVING RESULTS Consolidated revenue rose 27.9% to ₩1,749.6bn in FY2025. Operating results improved from a ₩34.0bn loss to a small ₩0.233bn profit, while operating cash flow moved from negative ₩16.4bn to positive ₩94.2bn. [1]
Why We’re Watching
The central question is whether revenue growth translates into a durable operating margin. FY2025 crossed into operating profit, but the calculated margin was just 0.013%. Expansion in AI, security and cloud services needs to produce enough gross profit to cover the cost of delivery and growth. [1][3] A 2026 pre-IPO investment agreement with Neowiz Partners provides a more recent financing event, but the company did not disclose its amount or valuation. The ₩2.4tn post-money reference associated with the 2022 Series C is historical media reporting, not a current value. [4][6]
Key Risks
THIN OPERATING MARGIN FY2025 operating profit was approximately ₩233 million on ₩1.75tn of revenue. Net income was higher at ₩8.2bn, so it should not be used as a proxy for operating profitability. Small changes in delivery costs, supplier terms or sales mix could materially affect operating results. [1] PARTNER AND EXECUTION DEPENDENCE Cloud management and integration depend on technology partners, skilled employees and successful customer delivery. Moving into additional AI and security services adds opportunities but also execution demands. FINANCING AND OWNERSHIP CHANGES The filing-based ownership chart is a historical snapshot at 31 December 2025. The company subsequently reported that parent Megazone reached a 72% holding following June 2026 purchases from existing investors. Those purchases were funded at the parent level and are separate from new capital raised by Megazone Cloud. A full later cap table was not verified. [1][4] VALUATION AND EXIT UNCERTAINTY Historical financing prices and IPO preparations do not establish an executable secondary price or a future listing value. Different share classes and transaction structures also limit comparisons between headline financing amounts. [1][4][6]
Publicly Reported Metrics
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[1] Megazone Cloud — FY2025 consolidated audit report. 2026-04-07. https://dart.fss.or.kr/dsaf001/main.do?rcpNo=20260407000071 [2] Megazone Cloud — Company. Undated; reviewed 2 November 2026. Timeline includes predecessor/group history. Entity foundation and financial scope use DART instead. https://www.megazone.com/about/company [3] Megazone Cloud announces profitable FY2025 and KRW1.75tn revenue. 2026-04-07. https://www.megazone.com/resources/newsroom/99 [4] Megazone Cloud secures investment from Neowiz Partners. 2026-09-01. New investment amount and valuation undisclosed. Parent financing and 72% parent holding describe a June 2026 transaction, not a complete current cap table. https://www.megazone.com/resources/newsroom/140 [5] Megazone Cloud closes KRW450bn Series C. 2022-09-05. Round headline is a company-announced transaction size; do not equate mechanically with audited primary cash proceeds. Release also contains group operating figures that are excluded. https://www.newswire.co.kr/newsRead.php?no=950668 [6] Megazone Cloud completes KRW450bn investment from MBK and IMM PE. 2022-08-09. Only the reported historical post-money valuation is used. Not a current market value. Other operating data in this article mix group scope and are excluded. https://www.hankyung.com/article/202208099891r Financial figures are from the FY2025 consolidated filing, with FY2024 comparative figures, converted from KRW to KRW bn. Net income includes non-controlling interests. Calculated operating margin equals operating profit divided by revenue. Ownership weights use 361,086 issued shares, including voting preferred shares; this historical snapshot is not fully diluted. Funding amounts are transaction announcements and are not summed as audited cash proceeds. No FY2026 interim figures or full current ownership table were verified.
AT A GLANCE
Founded
2018
Headquarters
Gwacheon, Gyeonggi-do, South Korea
Last Updated
2 November 2026