UANGEL Reports Higher Q1 Net Profit, Declares 100 Won Dividend and Share Cancellation

Consolidated revenue: 17.7 billion won (vs 17.9 billion), Global Data (eSIM) segment 8.9 billion won (49.5% of total)
Consolidated net profit: 1.72 billion won (EPS 139 won), up 13% from 1.52 billion (127 won) a year ago
Separate net profit: 1.72 billion won (EPS 139 won), increased
27th term dividend: 100 won per share (previous 70 won), total 1.24 billion won
On April 1, 2026, announced cancellation of 200,000 treasury shares (out of 534,000 held)
Cash equivalents: 6.5 billion (decrease), borrowings: 4.0 billion (increase), litigation provision: 1.41 billion (labor lawsuit lost in appeal, final appeal pending)
Management dispute: Journey Long Industrial Development's request for permission to convene a general meeting is pending
R&D expense: 0.82 billion won (4.6% of revenue)