★★

OPASNET

Opasnet Q1 2026: Operating profit surges despite revenue decline, order backlog solid at KRW 144.5 billion


  • Consolidated Q1 2026 revenue: KRW 38.1 billion (down 14.1% YoY from KRW 44.4 billion), operating profit: KRW 1.4 billion (up 149% from KRW 0.56 billion), showing improved profitability.
  • Consolidated net profit attributable to parent: KRW 1.85 billion (EPS: KRW 142), compared to KRW 0.48 billion (EPS: KRW 37) in Q1 2025.
  • Order backlog of KRW 144.5 billion as of March 2026, securing a solid performance base.
  • Declared and paid cash dividend of KRW 250 per share for FY2025, total KRW 3.26 billion (payout ratio approx. 25.7%).
  • Credit rating maintained at A+ (Korea Data, based on 2025 financials).
  • Short-term borrowings surged to KRW 15.0 billion from KRW 5.5 billion; operating cash flow turned negative to -KRW 11.4 billion from positive KRW 2.1 billion a year ago.
  • Added 'real estate sale, lease, and sublease' to business purposes to improve operational efficiency.
  • Subsidiaries: Opasnet USA profitable, Amigonet continues to incur losses.

KOSDAQ Filing Information


  • Filing: Quarterly Report (2026.03)
  • Company: OPASNET (173130)
  • Submission: OPASNET co., Ltd.
  • Receipt: 05-15-2026