LDT 2026 Q1: Revenue Decline, Net Loss Narrows, Credit Rating Upgraded

2026 Q1 revenue KRW 1.67bn, down 11.9% YoY from KRW 1.90bn
Net loss KRW 0.22bn (EPS -26 won), narrowing from KRW 0.36bn loss in prior year
Credit rating upgraded from BB to BBB- (이크레더블, Apr 21, 2026; cash flow grade B)
Major customer A (Japan) accounts for 56% of sales; trade receivables KRW 2.01bn with allowance of KRW 0.04bn
R&D expenditure KRW 0.41bn (26.4% of revenue), recurring R&D KRW 0.29bn
Financial position: cash & equivalents KRW 7.87bn, short-term financial instruments KRW 3.45bn, trade payables KRW 0.69bn, total financial liabilities KRW 1.27bn
Largest shareholder: TSIE (43.78%); related party sales KRW 0.05bn
No dividends or share buyback/cancellation disclosed