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Upbit operator Dunamu’s Q1 operating profit down 78% year-on-year

Source: www.asiae.co.kr
According to Asia Economy, Dunamu, the operator of Upbit, disclosed that its consolidated revenue for Q1 2026 amounted to approximately $157 million, a 55% year-on-year decline; operating profit totaled approximately $59 million, down 78% year-on-year; and net profit stood at approximately $46.6 million, also down 78% year-on-year. Dunamu stated that the decline in performance was primarily attributable to the global economic slowdown and reduced trading volume in the virtual asset market.

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