AlphaChips Reduces Loss in Q1 2026, Removed from Management Stock List

Revenue of KRW 19.68 billion, slight decline from KRW 20.10 billion in prior year period
Operating loss of KRW 0.47 billion, net loss of KRW 0.09 billion, significantly reduced from prior year period
Used KRW 60 billion of capital surplus to offset deficit, turning retained earnings positive to KRW 2.96 billion
Conducted 10:1 stock consolidation and capital increase in 2025; major shareholder changed to Ensnet Co., Ltd.
Removed from management stock list as cause of continuing losses (over 50% of equity) was resolved
Granted 318,540 stock options to employees (exercise prices: KRW 6,570 / 17,450)
R&D expenses of KRW 0.70 billion (3.5% of sales); developing proprietary SoC platform ADEON
As Samsung Foundry DSP, has over 270 design experiences; diversified sales in AI, automotive, 5G
Equity method gain of KRW 0.07 billion and dividend of KRW 0.20 billion from associate ATS
Debt ratio 36.2%, net cash of KRW 4.18 billion (cash KRW 19.5 billion minus debt KRW 15.3 billion)