Foodnamoo Q1 2026: Consolidated operating loss of 7.0B won, net loss of 7.6B won, net debt ratio surges to 171%

Consolidated revenue 16.9B won (estimated ~28% YoY decline), operating loss 7.0B won, net loss 7.6B won (attributable to parent 7.5B won)
Net debt ratio 171.12% (up from 112.82% at year-end 2025), cash and equivalents 2.0B won (down from 11.9B)
Equity 29.0B won, total liabilities 51.6B won, net debt 49.6B won
Convertible bonds 1.95B won (3rd series, conversion price 2,157 won), related derivative liabilities 4.2B won
Subsequent two capital increases (1.5B and 1.0B won) and change in CEO
No dividends (continued losses)