★★★★

SHIFT UP

Shiftup Q1 2026: Revenue KRW 47.3B, Net Profit KRW 37.8B; Strengthened Shareholder Returns via Buyback and Cancellation


  • Consolidated Q1 2026: Revenue KRW 47.3B, Operating Profit KRW 21.5B, Net Profit KRW 37.8B
  • Revenue breakdown: Goddess of Victory: Nikke KRW 32.7B (69.1%), Stellar Blade KRW 12.9B (27.3%)
  • R&D expenses KRW 16.9B (35.65% of revenue), up from 22.10% in FY2025
  • Debt ratio 14.44%, cash and cash equivalents KRW 159.0B
  • Entered into KRW 20B treasury stock acquisition trust contract; cancelled 330,000 shares on March 31, 2026
  • Signed development and publishing contract for new title 'Project Spirit'; sequel to Stellar Blade under development
  • Completed 100% acquisition of Unbound, Inc. (April 1, 2026), expanding global development capabilities
  • Major shareholders: Hyung-tae Kim 39.10%, ACEVILLE PTE. LTD. 34.66%, treasury shares 1.07%

KOSPI Filing Information


  • Filing: Quarterly Report (2026.03)
  • Company: SHIFT UP (462870)
  • Submission: SHIFT UP Corporation
  • Receipt: 05-14-2026