Signetics: Slight Revenue Growth and Loss Reduction in Q1 2026, but Debt Ratio Rises
Consolidated Q1 2026 revenue: KRW 26.5bn (YoY +6%); operating loss: KRW 2.0bn (improved from KRW 11.0bn loss a year ago); net loss: KRW 3.2bn (improved from KRW 7.9bn loss a year ago)
Debt ratio: 127.1% (up from 105.2% at year-end 2025); short-term borrowings: KRW 34.2bn (up from KRW 27.1bn)
Cash and cash equivalents: KRW 0.35bn (slight increase from KRW 0.2bn)
No dividends or share buyback/cancellation
Unrealized gain on investment securities: KRW 1.7bn (recorded in OCI)
R&D expense ratio: 2.35% of revenue (up from 2.08%)