CK Solution Q1 2026 Revenue Down 31% with Operating Loss of 16.2B Won

Q1 2026 consolidated revenue 54.3B won (-31% YoY), operating loss 16.2B won (vs 8.0B loss in Q1 2025), net loss 11.1B won (vs 6.9B loss)
Debt ratio soared to 233.5% from 193.0% at year-end 2025, total debt 144.5B won, equity 61.9B won
Order backlog 212.0B won (as of Mar 31, 2026) providing revenue visibility
Free stock distribution (1:2) increased shares from 10.8M to 32.5M, cancelled 107,725 treasury shares, sold 77,107 treasury shares to employees
Ongoing 5 lawsuits with claims of ~6.5B won plus foreign currencies (USD/EUR/CAD); company deems them immaterial