Iatum's Quarterly Revenue Surges 192% but Operating Loss Persists; Parent Equity Turns Negative

Consolidated revenue: KRW 26.1bn (up 192% YoY from KRW 8.9bn), boosted by inclusion of subsidiary DST
Operating loss: KRW 1.39bn (improved from KRW 2.23bn loss in prior year period)
Consolidated net loss: KRW 2.83bn (expanded from KRW 1.66bn loss in prior year period)
Parent company equity attributable to owners: KRW -0.52bn (turned negative from +KRW 2.79bn at year-end 2025) → capital impairment
Total liabilities: KRW 63.6bn, consolidated debt-to-equity ratio: 578%
EV components and charger business under development targeting mass production in 2026
No share buyback, cancellation, or dividend related items