Zinitix Q1 2026: Revenue Decline, Wider Net Loss, Capital Increase and Stock Split
Q1 2026 revenue of 8.51 billion won (11.5% decrease from 9.61 billion won a year ago); net loss of 742 million won (widened from 143 million won loss in Q1 2025)
Debt ratio improved to 81.09% (from 145.39% at year-end 2025) due to equity increase via third-party capital increase (8.71 million new shares)
Cash and cash equivalents rose to 7.48 billion won (from 2.98 billion won at year-end 2025)
After the reporting period, executed a 5:1 stock split on April 16, 2026; trading suspended and resumed on May 7 after listing change
Continued heavy R&D investment of 1.14 billion won (13.4% of revenue)