Flitto Expands AI Data Supply Contract with Global IT Firm to 22.7 Billion Won, 111.7% of Annual Revenue

Flitto announced on June 29, 2026, that it has amended its AI data supply contract with a global IT firm, increasing the contract value from 10.0 billion won to 22.7 billion won, a 125.8% increase.
This expansion is due to additional orders from the customer, making the contract 111.65% of Flitto's 2024 consolidated revenue of 20.3 billion won.
The counterparty is a highly credible global IT company, and the contract runs until November 10, 2026. However, the quantity and type of data may change based on customer requests, leading to potential fluctuations in the contract amount.
[AI Summary]This substantial contract expansion validates Flitto's AI data processing capabilities and provides a strong growth driver. However, increased customer concentration and potential contract variability are risks to monitor.