SEMIFIVE Swings to Operating Profit in Q1 2026; Revenue Surges to KRW 47.9B

Consolidated revenue KRW 47.87B (vs KRW 20.22B YoY, +137%) explosive growth
Consolidated operating profit KRW 1.1B, swung to black (vs -KRW 14.14B YoY)
Consolidated net profit KRW 1.34B (vs -KRW 14.69B YoY)
Consolidated EPS KRW 40 (vs -KRW 520 YoY)
Separate revenue KRW 31.54B, operating loss KRW 5.24B (loss significantly narrowed)
All borrowings fully repaid (from KRW 10.64B at year-end to 0), improved financial structure
Cash & cash equivalents KRW 41.42B + short-term financial instruments KRW 70.04B, ample liquidity
Order backlog ~KRW 109.2B, new orders KRW 55.4B in Q1
Signed contracts: Feb 2026 fully homomorphic encryption accelerator KRW 9.9B; Mar 2026 AI NPU KRW 12.2B
R&D expense KRW 4.05B (12.84% of revenue), continued investment in AI, chiplet, advanced process
Consolidated equity KRW 229.2B, debt-to-equity ratio 39.5%