Boratr Q1: Revenue Up, Net Loss & Debt Ratio Soar

Consolidated revenue: 25.77 billion won (up 12.4% YoY)
Consolidated operating profit: 1.51 billion won (down 30.7% YoY)
Consolidated net loss: 0.41 billion won (vs loss of 0.51 billion won in prior year)
Debt ratio: 179.6% (up from 154.2% at year-end 2025)
Total borrowings: 135.34 billion won (up from 119.01 billion)
Foreign exchange loss of 3.24 billion won, partially offset by financial income of 2.52 billion won (including Lime fund recovery)
Operating cash flow: -1.58 billion won (vs +2.91 billion won in prior year)
Cash dividend of 400 won per share approved (up from 250 won)