Wemade Q1 OP Profit 8.5B Won, Cash 357.9B Won; Unit Wemade Play to Cancel Treasury Shares

Consolidated Q1 2026 revenue 153.3B won, OP 8.5B won (turn to profit), net income 19.9B won
Cash & equivalents 358B won (up from 296.5B at end-2025)
Digital asset WEMIX: holdings Wemix Classic 1.8M, Wemix 277M, market price 376.17 won
Revenue breakdown: license 30.5B (20%), mobile 104.7B (68%), PC online 10.5B (7%), blockchain 7.5B (5%)
Key lawsuits: Wemade damage claim appeal ongoing (~10B won claim); ChonGiIP copyright case concluded (RMB 7.6M compensation)
Subsidiary Wemade Play to cancel 151,293 treasury shares on May 20, 2026
Largest shareholder Park Kwan Ho holds 39.46% (partly pledged)
R&D expense 20.5B won (13.4% of revenue)