DASAN DMC (major shareholder: Dasan Networks) submitted its first consolidated quarterly report after merging with DMC in Nov 2025. Q1 2026 consolidated sales: 329.5B won, operating profit: 1.22B won, net profit: 2.16B won. Debt ratio improved to 96.8% from 102.9% at year-end. Cash equivalents: 10.91B won.
High customer concentration: top 2 customers account for over 50% of total sales. Pending litigation for 200M won service fee claim. Credit rating BB-/BB.
Under KOSDAQ listing eligibility review; stock trading suspended. Past rehabilitation procedures completed (2022) but delisting risk persists.
In April 2026, decided to sell land and buildings with book value of ~11.7B won (10.37% of assets). Balance payment expected on May 27, likely cash inflow.
No dividends or share buyback/cancellation. Consolidated retained deficit ~24.2B won. Granted 390,000 stock options (exercise price 1,568~1,990 won).