Bonne Q1 2026: Revenue Decline, Operating Loss Widens, Financial Health Deteriorates

Q1 2026 consolidated revenue KRW 9.27B (down 29.2% YoY), operating loss KRW 2.09B (swing to loss), net loss KRW 1.90B
FY2025 revenue KRW 46.01B (down 33% YoY), operating loss KRW 8.33B (swing to loss), net loss KRW 15.89B
Debt ratio 65.04% (up from 56.15% at end-2025), net debt ratio 22.70% (up from 21.25%)
Jan 2025 regulatory sanctions: fine of KRW 215M, CEO suspension for 6 months, mandatory auditor change (2026-2028)
Pending lawsuits: 3 cases as defendant totaling KRW 147M
Separate cash and equivalents KRW 1.55B (sharply down from KRW 3.91B at end-2025)
No dividend or share buyback/cancellation plans