XEXYMIX 2026 Q1: Consolidated Revenue 53B (+4.4% YoY), Operating Profit 1.1B (+39% YoY), Net Profit 0.9B (Flat); CB Put Option 2.9B Repaid

Consolidated revenue 53.0B KRW (vs 50.8B prior year, +4.4%), OP 1.1B (vs 0.8B, +39.2%), NP 0.9B (similar)
Separate: revenue 45.0B (-3.6% YoY), OP 0.4B (-72.4%), NP 0.5B (-83.3%) due to base effect of 1.6B dividend income in prior year
EPS: consolidated 29 won (vs 28), separate 16 won (vs 99)
Operating cash flow: consolidated -1.7B (prior +0.1B), separate -2.5B (prior +2.8B) due to inventory buildup
Inventories 94.2B (+11.2% from year-end), total assets 188.2B (+7.3%)
Debt ratio 57.3% (year-end 46.7%), borrowings 4.1B (stable)
Convertible bonds 11.1B, after period 2.9B put option exercised and repaid in cash on Apr 30, 2026
R&D expense 1.1B (2.47% of sales), up from 0.8B (1.48%) in prior year
Owns 477 IP rights; 50+ new trademarks registered abroad in Q1
Lawsuit: defendant in subcontracting case by Wemade (claim 0.24B), not material