Nousbo Q1 2026: Operating Profit Turns Positive to 1.38B Won, Revenue Up 56%
Consolidated revenue of 31.6B won (up 56% YoY from 20.2B), operating profit of 1.38B won (vs 0.17B), net profit of 1.44B won (vs net loss of 0.34B), returning to profitability.
Debt ratio rose to 159.4% (from 144.6% at year-end), net debt ratio to 85.2% (from 69.6%), increasing financial leverage.
Convertible bonds outstanding of 4.35B won (face value) and derivative liabilities of 2.2B won.
Secured a 3-year matcha supply contract with a global franchise (total 48.2B won) in Sep 2025 and an inorganic fertilizer purchase agreement (40.3B won) in Feb 2026, ensuring future revenue stability.
Disposed of 271,255 treasury shares in Feb 2026 for stock grants; no dividend or share buyback/cancellation plans.