NEXUS Maintains Consolidated Operating Profit in Q1; Blockchain Service Revenue Accounts for 81%
Consolidated Q1 revenue: KRW 116.2bn, operating profit KRW 1.3bn (turned to black year-on-year).
Blockchain service revenue KRW 94.5bn accounts for 81% of total; game revenue KRW 21.6bn.
Recognized KRW 2.9bn impairment loss on digital assets, leading to net loss of KRW 3.0bn.
Debt-to-equity ratio improved to 127.9% from 145.9% at year-end 2025.
Outstanding convertible bonds total face value of approximately KRW 32.1bn (3rd to 6th issues).
Shareholder agreement between largest shareholder LINKED and CEO Jang Hyun-kook (5,410,590 shares, 8.44% of outstanding) could lead to change in control.