OSP

OSP 2026 Q1: Net loss widens but revenue grows; share retirement and stock split announced


  • Consolidated Q1 2026 revenue KRW 7.2bn (+12% YoY), operating profit KRW 0.45bn (swung to profit), net loss KRW 0.46bn (vs loss of KRW 0.40bn in prior year), loss widened.
  • Separate revenue KRW 2.86bn (slight decrease), net loss KRW 0.71bn (vs loss of KRW 0.41bn).
  • On April 3, 2026, completed retirement of 210,494 treasury shares for shareholder return. A 2:1 stock split (face value from KRW 500 to KRW 1,000) scheduled on May 28, 2026. Post-split and cancellation, total shares 4,567,833.
  • Consolidated debt ratio 50.42%, net debt/equity 11.06%, stable. Credit rating BBB0 (NICE D&B).
  • Convertible bonds (KRW 7bn face) carrying amount KRW 5.39bn, conversion price adjusted to KRW 1,840.
  • Guarantee provided to subsidiary Bowwow Korea for KRW 578mn.

KOSDAQ Filing Information


  • Filing: Quarterly Report (2026.03)
  • Company: OSP (368970)
  • Submission: OSP Co., Ltd
  • Receipt: 05-14-2026