STraffic Q1 2026: Revenue Down 57.7%, Operating Loss, Order Backlog 89.9B Won, Share Buyback Plan

Revenue 15.5B won, down 57.7% YoY (36.7B → 15.5B)
Operating loss 4.3B won (vs profit 2.4B), net loss 2.4B (vs profit 1.0B)
EPS -89 won (vs 36 won)
Consolidated order backlog 89.9B won (road 16.9B, railway 73.1B)
Net cash 1.9B won (borrowings 22B, cash 23.9B), debt-to-equity ratio -1.97%
Value-up plan: additional share buyback 12B and cancellation 1B by Sep 2027
Dividend: 2025 fiscal year cash dividend 3,767M won paid
Litigation: 1 defendant case (594M won), 1 plaintiff case (339M won) ongoing
Domestic SOC budget cut causing weak performance; US projects (San Francisco BART, LA Metro) on track