SGA Solutions: Q1 Consolidated Operating Profit Turns to Black but Net Loss Continues; Stock Dividend and Share Consolidation Decided
Consolidated revenue KRW 25.96bn (increase from KRW 8.04bn in prior year period), operating profit KRW 0.76bn (prior year period -KRW 2.29bn), net loss KRW 0.49bn (prior year period -KRW 2.90bn)
Separate net loss KRW 2.05bn (prior year period -KRW 0.52bn)
Stock dividend of 0.03 shares per share
Share consolidation (5:1) effective from May 7, 2026
10,433,856 shares converted from 9th CB (remaining 3,006,872 shares)
Derivative liabilities KRW 5.07bn (down from KRW 6.25bn at year-end 2025)
Largest shareholder SGA Holdings Co., Ltd. holds 42.79%
Planned small-scale merger of subsidiary SGA Systems Co., Ltd. (effective June 29, 2026)
Put option liability related to Creon Unity: KRW 11.12bn (exercise IRR 6~8%)