Playgram: Operating Profit Turns Positive in Q1 but Net Loss Persists; Stock Split and New Business Additions

Consolidated Q1 2026 revenue: 65.7 billion won (up 8.4% YoY), operating profit: 1.7 billion won (swung from -0.9 billion)
Net loss of 1.2 billion won (vs. net profit of 0.5 billion last year) due to derivative valuation loss of 1.9 billion won
Completed 1:5 stock split on Jan 21, 2026 (par value 100→500 won); additional 1:2 split (500→1,000 won) scheduled for Apr 29
Lawsuit filed by holder of 37th CB (2 billion won) for early redemption; company deposited interest due to uncertain legal rights
Added 47 billion won investment in associate GTF Holdings; sold 10.98% stake in HelloLive for 2.1 billion won gain
Added 9 new business purposes (blockchain, token securities, F&B, etc.) to articles, mostly in planning stage
No dividends (retained deficit continues)