IMBC Swings to Net Profit of KRW 563 Million in Q1 2026; No Dividends or Share Buyback

Consolidated Q1 2026 revenue: KRW 9,630 mn (vs KRW 10,248 mn in Q1 2025, -6.0%)
Consolidated operating profit: KRW 2.6 mn (estimated loss in prior period)
Consolidated net profit: KRW 563 mn (vs full-year 2025 net loss of KRW 5,434 mn, turnaround)
Separate net profit: KRW 576 mn; EPS (controlling) KRW 25
No dividends paid; no share buyback or cancellation
Largest shareholder MBC holds 58.13%
Related party transactions: sales to MBC KRW 2,216 mn, purchases KRW 2,262 mn
Contingent liabilities: Seoul Guarantee Insurance guarantees up to KRW 1,695 mn; no pending lawsuits
Content usage fees decreased to KRW 1,976 mn (from KRW 2,363 mn, -16.1%)