KT Genie Music Reports Q1 2026 Operating Profit of KRW 4.96B, Up 22.9% YoY, Returns to Profit

Consolidated Q1 2026: Revenue KRW 75.18B (vs 69.32B YoY, +8.5%), Operating profit KRW 4.96B (vs 4.04B, +22.9%), Net profit KRW 3.65B (vs 2.31B, return to profit)
Standalone: Revenue KRW 51.27B, Operating profit KRW 1.35B, Net profit KRW 1.77B (vs net loss of KRW 0.72B in Q1 2025)
Segment: Music 65.2%, Book content 30.2%, Other 4.6% (Book content operating profit KRW 3.5B, margin 15.4%)
Debt ratio 55% (vs 56% at year-end), Cash & equivalents KRW 40.49B
Key subsidiary KT Millie Seojae: Revenue KRW 23.93B, Net profit KRW 3.91B
No share buyback/cancellation or dividends (no distributable profits)
7 pending lawsuits (total claim ~KRW 2.7B, management expects no material impact)