The company posted group consolidated revenue of SG$20 million and operating profit of SG$4 million last year \u2014 an operating margin of roughly 20%, far above the low single digits typical of restaurant franchising<\/span>. Revenue has doubled in each of the past two years, while operating profit has surged more than twentyfold.<\/p>\n Remarkably, that growth was achieved with zero external capital. Reddog Indonesia has never raised a single round of investment, funding its expansion to more than 130 stores entirely from its own cash flow while staying consistently profitable.<\/p>\n “The past two years were about explosive growth while building a rock-solid foundation \u2014 quadrupling revenue and lifting operating profit more than twentyfold,” said Kim Hong-yeol, CEO of Reddog. “This year we widen the stage to ASEAN.”<\/p>\n In April, Reddog established a global entity in Singapore, and in August it opens its first store in a CapitaLand shopping mall \u2014 a beachhead for expansion across an ASEAN market of more than 600 million people. Capital markets are already moving: the company is reviewing an IPO in the first half of 2027, with several major Indonesian securities firms said to have made contact.<\/p>\n Reddog is led by founder and CEO Kim Hong-yeol, an F&B operations-systems specialist, and COO Cho I-jun, a turnaround expert focused on profitability and growth.<\/span><\/p>\n![\"Reddog's](\"https:\/\/mmx.prnasia.com\/media\/MS1877698\/02e430bfba1d4a29a40fb902e4e4688b.jpg?id=OA2750372&p=medium600\" "\\"Reddog's")
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Reddog’s revenue and operating profit growth from 2022 to 2025, showing a significant increase in both metrics with an operating margin reaching 19% in 2025<\/span><\/p>\n<\/div>\n