Soosung Webtoon Posts Q1 2026 Net Loss of KRW 6.8B, Going Concern Uncertainty Reiterated

[Consolidated] Q1 2026 Revenue KRW 22.58B (down 27% YoY), Operating profit KRW 0.51B (swing to black), Net loss KRW 0.68B (continued loss)
Webtoon segment OP KRW 1.67B vs Logistics equipment segment OP loss KRW 0.56B
Current liabilities exceed current assets by KRW 60.47B, going concern uncertainty noted
Total financial liabilities KRW 66.81B, cash and equivalents only KRW 7.97B
Consolidated retained earnings deficit of KRW 91.08B, capital impairment
Major lawsuits: 3 ongoing including criminal complaint over unrecovered EV investment
No share buyback, cancellation, or dividend plans