ITCEN Entec Q1 2026 Strong Results - Revenue +21% YoY, Operating Profit Turns Positive

Consolidated revenue KRW 135.9bn (+21.5% YoY), operating profit KRW 7bn (vs -KRW 0.5bn loss in Q1 2025)
Separate revenue KRW 77.2bn (+28% YoY), operating profit KRW 6.2bn
Consolidated net profit KRW 11.2bn (vs KRW 0.7bn), EPS KRW 170
Order backlog KRW 258.9bn, stable revenue pipeline
Cloud business acquisition from subsidiary ITCEN Cloit in progress
5:1 reverse stock split completed (Apr 10, 2026), fractional shares acquired as treasury
Borrowings KRW 31.8bn vs cash KRW 61.3bn, net cash position
No dividends (no payout for last 5 years)