Innotena (ex-MocomSys): Slight Revenue Decline in Q1 2026, Net Profit Down, Dividend Increase, Solid Financials

Revenue: KRW 7.04B (down 2.1% YoY), Operating profit: KRW 0.50B, Net profit: KRW 0.55B (down 28.6% YoY)
R&D expenditure: KRW 0.58B (8.26% of revenue)
Dividend per share increased: 14 won (FY2023) → 16 won (FY2024) → 24 won (FY2025), strengthening shareholder returns
AGM on Mar 27, 2026 approved name change (MocomSys → Innotena), stock split, and transfer of KRW 2B from capital surplus to retained earnings
Debt ratio: 37.0% (adjusted: 29.7%), holding approx. KRW 18.7B in cash & short-term financial instruments, no borrowings
Order backlog: KRW 17.45B; sound financial position