ESTsoft Q1 2026: Consolidated Revenue Up 22.9%, Operating Loss Narrows; AI and Game Segments Grow

Q1 2026 consolidated revenue KRW 30.98B, +22.9% YoY
Consolidated operating loss KRW 1.67B, narrowed from KRW 4.37B YoY
Net profit attributable to controlling interest KRW 175M (consolidated net loss KRW 685M)
AI/SW segment revenue KRW 15.08B (48.7% of total), Game segment KRW 8.85B (28.6%)
Cash & cash equivalents KRW 40.7B, borrowings KRW 36.5B, debt-to-equity ratio 205%
Subsidiaries: ESTgames operating profit KRW 1.78B, ESTsecurity KRW 98.8M, ROUNDZ operating loss KRW 785M
Contingent liabilities: Put options on RCPS of ROUNDZ and ESTsecurity up to KRW 9.5B; one lawsuit KRW 1.1B
No dividend or share buyback