Ajinextek: Q1 Sales Up 43%, Net Profit Turns Positive, 1:1 Stock Dividend

Q1 2026 (Jan-Mar) revenue KRW 7.42bn, up 43% YoY (KRW 5.20bn)
Operating/net profit turned positive to KRW 0.21bn (vs net loss of KRW 1.09bn a year ago)
1:1 free stock issuance resolved on Jan 14, 2026 (common shares from 9,155,033 to 18,310,066, share capital from KRW 5,071mn to 9,649mn)
Credit rating downgraded to BBB (Good) from A- (2024) but debt ratio remains low at 11.9%
Revenue growth driven by semiconductor (52.4%) and smartphone (41.9%) equipment; new segments robot (3.8%) and secondary battery (1.0%) expanding
Cash & equivalents KRW 16.7bn, short-term borrowings KRW 0.5bn; solid financial position
R&D expense KRW 0.85bn (11.4% of revenue); holds 25 patents