Wiable Q1 2026: Operating Profit Surges, Business Diversification Underway
Separate Q1 2026: Revenue 11.9B KRW (down 3.6% YoY), Operating profit 1.54B (sharp increase), Net income 1.29B (vs 0.19B YoY) – profitability improved
EPS 27 KRW (vs 3.89 KRW YoY)
Added 5 business objectives at Mar shareholders' meeting: electronic component manufacturing, solar power, energy consulting, government R&D, ICT facility maintenance – new growth drivers
Paid cash dividend of 2.39B KRW (500 KRW per share)
Debt-to-equity ratio 78.3% (FY-end 78.9%), net debt ratio 31.4% (FY-end 24.7%) – increased borrowings
Major orders: Gyeongwon Line LTE-R (98.7% complete), General Railroad IP-MPLS (30%), Defense agency 9.3B KRW contract (not started)
Customer concentration eased: Top 3 clients 60.3% (vs 84% YoY)
Disposed subsidiary Summit Solar 1; entertainment subsidiary BK&M media remains loss-making