DG-ITX Faces KOSDAQ Delisting and Q1 Operating Loss
On May 11, 2026, the KOSDAQ Market Committee decided to delist DG-ITX's stock. The company may appeal within 15 business days.
Q1 2026 consolidated revenue: 7.37 billion KRW (up 167% YoY from 2.76 billion), operating loss: 0.48 billion KRW (vs operating profit of 0.50 billion in Q1 2025), net loss: 0.21 billion KRW (vs net loss of 1.24 billion in Q1 2025, loss narrowed).
Separate revenue same; operating loss 0.45 billion, net loss 0.19 billion.
Total borrowings: 0.4 billion, cash: 3.15 billion, net cash: 2.75 billion. Gearing ratio not applicable (net debt negative).
New contracts in renewable energy segment (Yawol offshore wind transportation 13.2 billion, submarine cable 36.1 billion, onshore transmission line 11.1 billion); order backlog 13.72 billion.
Major lawsuit: Rowon Holdings claim for 0.42 billion in second trial.
Credit rating: BB (Korea Data, as of Mar 27, 2026).
Accumulated deficit: 42.93 billion; deferred tax assets not recognized.