STraffic reported a 854% year-over-year increase in operating profit for the first half of 2025, reaching 6.3 billion KRW, driven by strong performance in its U.S. AFC (Automatic Fare Collection) projects.

Key contracts in cities like San Francisco and Los Angeles boosted revenue, and further expansion is expected through new deals with LA Metro and New York MTA.

The company is also preparing next-generation solutions, including an open payment system and AI-base bodycam technology, to secure new growth engines and expand globally.

Original Source: https://www.newsis.com/view/NISX20250818_0003293037