ODTech Q1 Consolidated Revenue Up 11.1%, Operating Loss Widens…Impact from Nanojet Korea Acquisition

Q1 2026 consolidated revenue 11.08 billion KRW (+10.5% YoY), consolidated operating loss 2.34 billion KRW (vs 2.28 billion loss a year ago)
Consolidated net loss 1.73 billion KRW, turning to deficit (vs 0.39 billion profit in Q1 2025)
Separate revenue 9.47 billion KRW (-5.5% YoY), separate operating loss improved to 1.36 billion KRW (vs 2.26 billion loss)
Separate net loss 0.23 billion KRW, turning to deficit (vs 0.39 billion profit)
Acquired 54.03% stake in Nanojet Korea (dispensing solutions) in Feb 2026, now consolidated
Subsidiary Nanojet Korea recorded quarterly net loss of 1.45 billion KRW, contributing to consolidated deficit
Consolidated debt ratio 11.2%, net cash 24.97 billion KRW (cash 27.19 billion, borrowings 2.22 billion)
Credit rating BBB- (Ecredable, unchanged)
No share buyback/retirement (previous holdings fully disposed/retired)