IMT Posts Q1 2026 Consolidated Operating Profit of 1.05 Billion KRW, Returns to Profitability… HBM Cleaning Equipment Orders Continue
Consolidated Q1 2026 sales reached 12.24 billion KRW (up 116% YoY from 5.65 billion), operating profit 1.05 billion (vs operating loss in Q1 2025), net profit 0.84 billion (vs net loss), achieving a turnaround
HBM CO2 dry cleaning equipment order backlog of USD 1.28 million (from Micron Memory Taiwan, signed Sep 2025, delivered May 2026)
Adjusted debt ratio 72.3% (end-2025: 55.0%); total borrowings 10.55 billion, bonds with warrants (BW) 20 billion face value (book 10.07 billion). Put option exercisable from May 30, 2026, posing liquidity risk
Post-quarter: Issued 12 billion KRW in 5th convertible bonds (conversion price 12,661 KRW) in April 2026; same month decided to acquire land and buildings in Yongin for 9.05 billion KRW
Cash and equivalents 18.03 billion, total assets 73.47 billion, equity 32.17 billion. Subsidiaries IMT Plus (MLC) and IMT-VINA (injection molding) contributed to revenue growth
R&D expenses 0.57 billion (6.04% of sales), continuing development of next-gen process equipment including HBM wafer cleaning and wafer warpage control