WebCash Credit Rating Upgraded to AA-, Cancels 681,812 Treasury Shares, Accelerates AI Agent Business
Credit rating upgraded to AA- (NICE D&B), cash flow rating maintained at A(CFR1).
Cancellation of 681,812 treasury shares (March 31, 2026, board resolution March 16, 2026), outstanding shares 12,565,408.
Q1 2026 revenue 17.8B KRW (down 8.1% YoY), operating profit 2.7B KRW (down 25.6% YoY), net profit 2.5B KRW (up 35.2% YoY, including gains on financial assets).
Net debt ratio 11.42% (up from 3.74% at year-end 2025, cash decreased by 9.0B KRW).
Non-operating income increased due to gains on financial assets (1.27B KRW) and dividend income (0.23B KRW).
AI agent business expansion: cash management agent (Branch Q etc.), agent banking, information system agent, and launch of intelligent RDB connect 'OPERIA'.
New business areas added to articles of incorporation: virtual asset management, data sales, telecommunication sales brokerage, AI solutions, etc.
Equity-method losses from associates of 0.62B KRW (similar to 0.67B KRW in prior year).