Me2on Q1 2026 Operating Profit KRW 3.9B, Driven by Netflix Hits and New Businesses

Q1 2026 consolidated revenue KRW 23.1B, operating profit KRW 3.9B, net profit KRW 3.2B (up 0.2%, 17.0%, 14.8% YoY)
Debt ratio 10.2%, very stable; cash and equivalents plus short-term financial instruments KRW 97.8B
Subsidiary Ghost Studio's Netflix series 'You Have Killed' and 'The Dogs 2' ranked #1 global non-English
New businesses: stablecoin-based 'ACE CASINO' launched June 2025, K-beauty brand 'PIXELPURE' launched May 2025
Outstanding 3rd CB KRW 4.5B (conversion price 2,042 won, 2,203,721 shares); major shareholder Sohn Chang-wook 19.75%
FX risk: net USD liability position; 10% USD appreciation would reduce pre-tax profit by KRW 4.3B
No share buyback/retirement plan; dividend policy under review