Flitto reports Q1 2026 consolidated revenue of 5.21 billion won, net profit despite operating loss, and credit rating upgrade
Consolidated revenue of 5.21 billion won, up 13% YoY (4.61 billion won). Growth driven by data sales (45.6%) and solutions (13.7%)
Consolidated operating loss of 64 million won, but net profit of 167 million won due to financial income (250 million won). Separate net loss of 100 million won
Credit rating upgraded to A- (Ecreditable, May 4, 2026), up two notches from BB0
Ongoing AI training data supply contract worth 7.46 billion won with global IT company. Additional 6.54 billion won contracts signed after the reporting date
Cash and cash equivalents of 13.42 billion won, net cash position (excluding debt) of 7.55 billion won. Stable financial structure
R&D expenses of 721 million won (19.3% of revenue), up 252% YoY (204 million won). Continued investment in AI translation solutions
No share buyback, cancellation, or dividend. No shareholder return policy announced
Holds 17 patents. Commercialized AI real-time translation solutions (Chat Translation, Live Translation) and launched B2C hyper-personalization service