TJ Media Posts Operating Loss in Q1 2026, Executes Free Stock Issuance and Dividend
Consolidated revenue: 17.4B KRW (down 18.7% YoY from 21.4B), operating loss 0.68B (vs profit 0.66B in prior year), net profit attributable to parent 0.11B (down 77.6% from 0.49B)
Separate revenue: 12.2B, operating loss 0.76B, net loss 0.27B
Free stock issuance: 6,965,804 shares allocated from capital surplus (0.5 share per existing share), total shares from 13,931,609 to 20,897,413
Articles amendment: authorized shares increased from 40M to 60M
FY2025 dividend: 320 won per common share (total 4.5B); record date Dec 31, 2025
Debt ratio: 62.0% (up from 52.0% at year-end), borrowings 23.0B (up from 21.2B)
Credit rating: AA- (up from A+, Korea Ratings)
Key subsidiaries: Dream S.A.S revenue 2.45B, net profit 0.32B; Withus Ent. revenue 2.14B, net loss 0.20B; TJ Comm. revenue 0.63B, net profit 0.09B; TJ Philippines revenue 0.07B, net loss 0.03B
R&D expenses: 1.26B (10.4% of revenue, up from 6.1% in prior year)