WYSIWYG Studios Q1 2026: Net Profit Turns Positive, Merger with NP


  • Consol. revenue 136.9B (down 34% YoY), operating loss 1.83B continues
  • Consol. net profit 5.94B (vs loss 6.61B YoY) → turnaround, EPS 37 won
  • Separate revenue 1.75B (↑), op. loss 0.55B, net profit 1.85B
  • Apr 8, 2026: decision to merge with NP Corp. (effective July 1, 2026; NP survives)
  • CB conversion price adjusted to 964 won, potential shares 23.13M (13.52%)
  • Largest shareholder Com2uS 38.05%, treasury shares 1,617,000 held
  • Consol. assets 208.1B, liabilities 69.7B, equity 138.4B (D/E 50.4%)
  • Consol. cash 18.03B (down from 46.71B), additional investment commitment 3.44B
  • No shareholder return announcements (no buyback/dividend)

KOSDAQ Filing Information


  • Filing: Quarterly Report (2026.03)
  • Company: WYSIWYG Studios (299900)
  • Submission: WYSIWYG Studios Co., Ltd.
  • Receipt: 04-30-2026