[E-Daily Reporter An Yu-ri ] GENIANS, INC.(263860)saw a sharp increase in third-quarter revenue and operating profit amid rising hacking threats driven by artificial intelligence (AI). Growth in its Network Access Control (NAC) and Endpoint Detection and Response (EDR) businesses was fueled by demand from the public and defense sectors, coupled with the expansion of subscription-based security services.

GENIANS, INC. announced on the 12th that it recorded cumulative consolidated revenue of 38.7 billion won and operating profit of 8.1 billion won. Cumulative revenue increased by 24.0% year-over-year, while cumulative operating profit rose by 273.9%. The operating profit margin climbed by 14 percentage points to 20.9% from 6.9% in the same period last year.

The results were driven by the simultaneous growth of its core businesses, NAC and EDR. In the NAC sector, the company secured a series of large-scale contracts with public institutions and local governments, coupled with new demand from the defense and healthcare markets. Network security integration projects with major manufacturing conglomerates and demand for expansion at overseas branches also contributed to the revenue growth.

Adoptions of the integrated endpoint security solution “Genians Insights E” increased, particularly in the public, defense, and financial sectors. Contracts for additional endpoint licenses from existing customers also expanded. This was driven by growing demand for EDR—which detects and tracks anomalies in real time—as attacks exploiting generative AI have become more prevalent.

Growth in the security-as-a-service business also continued. The cumulative number of cloud-based NAC customers exceeded 300, and the number of Managed Detection and Response (MDR) customers—who receive EDR as a service—also increased. GENIANS, INC. is expanding its recurring revenue base and increasing the proportion of its subscription-based business. Overseas, alongside growth in the Middle East, the company secured new customers in the U.S. and the Asia-Pacific region and expanded its local partner channels.

GENIANS, INC. recently unveiled the “Genians Security Platform (GSP),” which integrates network and endpoint information to detect and block threats. The strategy is to address the need for round-the-clock response among companies and organizations facing a shortage of security personnel by combining threat intelligence with MDR.

The company also plans to launch a “Quantum Security Gateway” incorporating post-quantum cryptography (PQC) within the year. The company intends to expand its business scope into the next-generation security market in line with the proliferation of AI and cloud environments.

Lee Dong-beom, CEO of GENIANS, INC., stated, “As AI-driven cyber threats become a reality and the government’s policies to strengthen security accountability gain momentum, we have proven our value as a platform company through our unrivaled technological capabilities and record-breaking performance.” He added, “Based on our integrated AI security platform and proactive defense system, we will serve as a reliable shield safeguarding South Korea’s national cybersecurity.”