Ghost Studio: Q1 2026 Revenue Slightly Up, Net Income Down, Dividend Increased, Business Diversification Continues


  • Consolidated Q1 2026: Revenue $14.29M (slight increase from $14.25M YoY), operating profit $2.97M, net income attributable to parent $2.96M (down 16.7% from $3.55M YoY)
  • FY2025 dividend increased to $5.11M ($0.39 per share) from $4.55M ($0.35); payout ratio 85.38%
  • Treasury shares (KDR) 562,833 cancelled in April 2025; 7,416 treasury shares disposed for employee compensation in Q1 2026
  • Subsidiary Solitaire Saga Limited decided to liquidate; Miverse Labs renamed to Miverse AI
  • Netflix originals 'You Killed It' (Nov 2025) and 'Hounds 2' (Apr 2026) released; cosmetics brand 'Pixel Pure' launched (May 2025)
  • Debt ratio increased to 13.81% (10.01% at year-end 2025); exposure to CNY-denominated liabilities increased FX risk

KOSDAQ Filing Information


  • Filing: Quarterly Report (2026.03)
  • Company: GHOST STUDIO (950190)
  • Submission: GHOST STUDIO CO., LTD.
  • Receipt: 05-15-2026