Q1 2026 Swings to Profit and Full Disposal of Treasury Shares
Q1 2026 revenue ₩11.19B (down 16.9% from ₩13.47B in Q1 2025), operating profit ₩345M, net profit ₩401M, turning to profit (vs. net loss ₩805M in Q1 2025)
Fully disposed of all treasury shares (362,046 shares) in February at ₩5,795/share, totaling ₩2.1B; no treasury shares held as of report date
2025 fiscal year cash dividend: ₩120 per share (total ₩1.39B, payout ratio 271%), up ₩20 from prior year
Other comprehensive loss of ₩4.26B (fair value loss on equity investments including Kbank), leading to total comprehensive loss of ₩4.26B
Debt ratio 30.5%, zero borrowings, net cash position. Credit rating A+ (NICE D&B)
Ongoing litigation: defendant (Rabbit Corporation claim of ₩1.84B) and plaintiff (damage claim of ₩1.98B + ₩224M). Outcome uncertain