Operating profit of SHIFT UP 2021-2023
In 2023, video game developer and publisher SHIFT UP posted an operating profit of around 111 billion South Korean won, a marked improvement from a loss of about 19 billion won in 2021. Founded in 2013, the company went public in 2024, achieving the second-largest initial public offering (IPO) in the country that year at almost 320 million U.S. dollars.