Amotech 2026 Q1: Revenue and profit plunge, but debt ratio improves; self-share cancellation decided

Consolidated Q1 2026 revenue KRW 60.98B, operating profit KRW 0.57B, net profit KRW 0.53B, down 27.4%, 85.4%, and 78.6% YoY respectively
Debt ratio improved to 118.0% from 126.2% at year-end; net debt-to-equity ratio 59.5%
Board resolved on Apr 27, 2026 to cancel 2,563 treasury shares (0.02%); no dividend paid
Cash and cash equivalents KRW 28.58B; borrowings and lease liabilities KRW 124.07B
R&D expenses KRW 4.60B (7.5% of revenue), net of subsidies KRW 2.70B expensed
Sale of subsidiary Amo S-Net completed in March 2025
Credit rating unchanged at BB0 (NICE D&B)
Major shareholder CEO Kim Byung-gyu holds 18.19%