ALT Q1 2026: Revenue up 37% YoY, Operating Loss Narrows, but Still Loss-Making with High Debt

Consolidated revenue KRW 13.8B (+37% YoY), operating loss KRW 0.86B (improved from KRW 4.2B loss in Q1 2025)
Net loss attributable to parent KRW 2.38B (narrowed from KRW 4.03B loss)
Total borrowings KRW 80.9B, net debt KRW 85.6B, equity KRW 91.2B (debt ratio ~100%)
Derivative liability of KRW 6.2B related to 7th convertible bond (KRW 20B), with valuation loss of KRW 0.6B
Subsidiary AGP contributed net income of KRW 0.75B
Separate: operating loss KRW 1.58B, net loss KRW 2.38B
No dividend or share buyback announced