Exicon Q1 2026: Revenue Surges 5x YoY, Net Profit Turns Positive, Credit Rating Upgraded to BBB-, Dividend Declared

Consolidated Q1 2026: Revenue KRW 9.81B (+412% YoY), Operating Loss KRW 1.97B, Net Profit KRW 0.93B (vs. Net Loss KRW 1.56B in Q1 2025)
Credit rating upgraded from BB (Sep 2025) to BBB- (Apr 2026) by Ecredible
Cash dividend of KRW 100 per common share for FY2025 approved at AGM
Financial health: Net cash KRW 16.95B, Debt ratio 15%, Equity KRW 195.96B
R&D expenses KRW 3.50B (35.8% of revenue); focus on SSD and memory tester development
Customer concentration: 94.1% of revenue from single customer (KRW 9.23B) - risk factor
Order backlog: KRW 31.89B (CLT KRW 22.2B, CIB KRW 9.69B)