Bit Computer Reports Strong Q1 Results and Increased Share Buyback

Separate Q1 revenue KRW 9.05B (up 12.5% YoY), operating profit KRW 1.72B (up 20.3% YoY), net profit KRW 1.84B (up 21.8% YoY)
Consolidated Q1 revenue KRW 9.61B, operating profit KRW 1.77B, net profit attributable to parent KRW 1.83B
Share buyback: acquired 189,859 shares (approx. KRW 0.92B) during the quarter, total treasury shares increased to 1,423,183 shares (8.5%)
Zero debt, net cash of KRW 16.10B (consolidated), strong financial position
Progress on overseas orders: Laos HIS (KRW 8.16B) and Cambodia HIS (KRW 6.29B)
Expanded business purpose to include AI solutions, lifelong education, etc.
Investment properties: fair value KRW 21.85B vs. book value KRW 7.72B, implying undervaluation