Nau IB Capital Q1 2026 Net Profit Plunges Amid Investment Losses Despite Management Fee Growth

Consolidated Q1 2026: Revenue 6.74B KRW (down from 29.16B YoY), Operating profit 0.31B (down from 7.3B), Net profit 0.32B (down from 7.08B)
Net profit plunge driven by sharp decline in FVTPL investment gains (0.72B → 0.07B) and lower equity method income
Management fees (fund operation commissions) rose 53% YoY to 3.99B KRW, reflecting AUM growth
AUM reached 1.7071 trillion KRW as of Mar 2026, ranking 13th in domestic VC industry
Borrowings: 41.9B, Cash: 14.87B (up from 6.7B at end-2025), net debt 27.03B
Dividend payable of 2.09B KRW recorded (indicates planned dividend distribution, maintaining shareholder return)
No pending lawsuits or contingent liabilities; regulatory capital adequacy ratio maintained above minimum