Woongjin ThinkBig: Q1 losses continue, debt ratio surges; share cancellation and consolidation underway
-
Q1 2026 consolidated revenue: 179.6B won, operating loss 3.4B won, net loss 4.2B won (EPS -38 won). Losses persist y/y.
-
Treasury stock cancellation: 1,851,814 shares cancelled on 2026-03-26. 2:1 share split effective 2026-04-28.
-
Debt ratio surged to 177.87% (FY2025: 124.41%). Net loss 4.2B won, raising capital erosion concerns.
-
Approved reduction of capital reserves transferred to retained earnings. Holds 63 ed-tech patents.
KOSPI Filing Information
-
Filing: Quarterly Report (2026.03)
-
Company: WOONGJIN THINKBIG (095720)
-
Submission: WOONGJIN THINKBIG CO., LTD.
-
Receipt: 05-15-2026