Coweaver posts Q1 2026 operating loss; revenue up but net loss persists
Consolidated revenue of KRW 12.4bn (up 41.7% YoY), operating loss of KRW 2.2bn (vs profit of KRW 0.3bn YoY), net loss of KRW 1.7bn (vs profit of KRW 3.5bn YoY).
Separate basis: current ratio 487.5%, debt ratio 15.8%; net debt jumped to KRW 7.1bn from KRW 1.8bn at end of prior year.
AGM on Mar 2026 approved cash dividend of KRW 50 per share (year-end dividend).
Treasury shares held: 651,866 shares (6.65%), to be disposed of in future.
Litigation risk: 2 lawsuits filed against the company (settlement KRW 124mn, antitrust damages KRW 810mn) and 2 lawsuits filed by the company (investment recovery KRW 2bn, cancellation of sanctions KRW 100mn); outcomes uncertain.
Credit rating maintained at BBB (Nice Information Service).