SAMG Entertainment Q1 OP 3.9B, Turns Profitable, Cancels 9B Own CB for Shareholder Value

Consolidated Q1 2026: Revenue 37.7B KRW, Operating Profit 3.9B KRW, Net Profit 4.6B KRW
Turned to profit compared to prior year (2024 annual operating loss 6.1B KRW)
Debt ratio improved from 10.31% to 9.06%, net debt 8.1B KRW
In March 2026, acquired and cancelled own convertible bonds worth 9B KRW (face value) to enhance shareholder value
In April 2026, remaining CBs (~900M KRW) fully converted into common shares, all CBs extinguished
Credit rating: BBB- (NICE Information Service)
R&D expenses 1.27B KRW (3.38% of sales)
Key IP 'Catch! Teenieping' expanding globally, especially Japan and China