Dotmill Q1 Revenue Up 11.4%, Operating Loss Widens; Credit & Cash Flow Ratings Upgraded

Q1 2026 revenue KRW 6.04B (up 11.4% YoY from KRW 5.42B)
Operating loss KRW 1.54B (widened YoY, turned to loss from previous quarter)
Net loss KRW 1.46B (vs KRW 1.25B loss in Q1 2025)
Basic EPS loss KRW 79 (vs KRW 68 loss in Q1 2025)
Credit rating: BBB- (unchanged), cash flow rating: B (up from C+)
Short-term borrowings surged to KRW 15.14B (from KRW 3.64B at year-end)
Cash and cash equivalents KRW 22.26B (up from KRW 13.07B)
Total assets KRW 55.72B, total liabilities KRW 22.88B (debt ratio 69.7%)
No dividends, share buyback or cancellation
Litigation: 1 case pending (won in first instance, appeal ongoing), claim amount KRW 220M, no provision recognized