NBT Q1 2026: Revenue Flat, Loss Narrows but Still in the Red

Consolidated Q1 2026 revenue KRW 22,084M (vs Q1 2025 KRW 22,063M, +0.1%) and operating loss KRW 1,571M (vs loss of KRW 1,876M)
Net loss KRW 1,541M (vs KRW 2,305M), basic EPS -96 won (vs -143 won)
Operating cash flow -KRW 260M, cash and cash equivalents KRW 9,170M (up from KRW 7,983M at year-end 2025)
Borrowings increased to KRW 2,000M (from KRW 306M) due to new short-term loan from KEB
Advertising segment 95.8% of revenue (Adison Offerwall 87.2%), overseas revenue ~4%
Pending litigation regarding majority shareholder's stake transfer (first trial)
No dividends or share repurchase