SonoSquare Q1: Revenue Up, Losses Narrow, BW Redemption & Reverse Split

Q1 2026 consolidated revenue KRW 34.2bn, up 14% YoY (KRW 30bn)
Operating loss narrowed to KRW 0.78bn from KRW 1.18bn
Net loss improved to KRW 0.63bn from KRW 1.61bn
Total comprehensive loss of KRW 20.4bn (non-cash equity valuation loss)
Early redemption of 26th BW (KRW 30bn), net debt turned to net cash (-KRW 7.9bn)
Planned 5:1 reverse stock split (shareholder meeting on May 15, 2026)
Rental segment operating loss widened to KRW 1.87bn; wholesale/retail profit KRW 1.09bn
OCI equity securities valuation loss of KRW 19.8bn