E8's Q1 2026 Revenue Halved; Continued Losses and Cash Decline, Order Backlog at KRW 7.9B
Consolidated revenue KRW 3.67B (down 49.7% YoY from KRW 7.31B)
Net loss KRW 2.78B (narrower than KRW 3.20B loss in prior year)
Cash and cash equivalents KRW 0.54B (sharp drop from KRW 7.15B at year-end 2025), but including short-term financial products of KRW 6B, total liquidity KRW 6.6B
Order backlog of KRW 7.9B; major contracts with Samsung Electronics (KRW 0.82B) and Hyundai Motor/Kia (KRW 0.88B) in progress
R&D spend 249% of revenue (KRW 0.91B), continuing high investment
Credit rating B- (eCredit), capital gearing ratio 39% (increased debt)