Q1 Revenue Up but Operating Loss Continues; Debt Ratio Improves
Consolidated revenue 7.27bn won, operating loss 2.66bn won, net loss 2.29bn won (vs. year-end 2025). Revenue surged due to new subsidiary consolidation
Debt ratio 131.6% (improved from 153.2% at year-end), net debt ratio 63.2% (from 81.4%). Equity doubled to 19.2bn won (from 9.99bn won)
Total assets 44.48bn won (from 25.32bn won), driven by inclusion of subsidiary (J)Bitss
Capital increase and perpetual convertible bonds (65.66bn won) improved financial structure
Continued designation as investment caution item due to 5 consecutive years of operating losses
Treasury shares of 13,335 shares held; no plans for share buyback or cancellation
Convertible bonds outstanding: 15.12bn won, all held by the company