EMNET, Q1 2026 Performance Improvement and Dividend Increase - Consolidated Operating Profit 237M KRW, Net Debt Ratio Improves to 29.22%

Q1 2026 consolidated revenue 8.47B KRW, operating profit 0.237B, net income 0.797B (operating profit 86% of full FY2025)
Operating margin improved to 2.8% from 0.85% for FY2025
Net debt ratio improved to 29.22% from 33.51% at FYE2025; cash increased to 9.21B from 4.85B
Declared cash dividend of 60 KRW per share for FY2025 (up from 50 KRW), 15 consecutive years
Credit rating BBB+ (eCredible, Aug 2025)
Investment property fair value 14.83B vs carrying 7.29B (undervalued)
Subsidiaries KomacInteractive and Everance loss-making, but parent net income solid
Risk: Shareholder agreement with SoftBank restricts disposal of eMnet Japan shares and call option