Dragonfly Q1 2026: Revenue down 31%, loss continues, but financial structure improves


  • Consolidated revenue KRW 2.9bn (down 31.2% YoY from KRW 4.3bn)
  • Game segment revenue KRW 0.9bn (down 44.8% YoY), auto/film segment KRW 2.0bn (down 22.7%)
  • Consolidated operating loss KRW 0.5bn (loss widened from KRW 0.5bn loss)
  • Parent net loss KRW 0.5bn (loss narrowed from KRW 0.7bn loss)
  • Basic EPS loss KRW 35 (vs KRW 52 loss)
  • Cash & equivalents KRW 3.0bn (significantly up from KRW 0.5bn at year-end)
  • Borrowings KRW 3.2bn (down 19.4% from KRW 4.0bn)
  • R&D expenses KRW 0.5bn (15.5% of revenue)
  • History of unfaithful disclosure designation and trading suspension risks
  • Accumulated deficit of KRW 68.7bn, ongoing capital impairment concerns

KOSDAQ Filing Information


  • Filing: Quarterly Report (2026.03)
  • Company: Dragonfly GF (030350)
  • Submission: Dragonfly GF Co., Ltd.
  • Receipt: 05-15-2026