Dream Security: Q1 Revenue Up, Profit Down, Debt Ratio Soars
Q1 2026 consolidated revenue KRW 108.4bn (up 46% YoY), but operating profit KRW 3.8bn (down 36% YoY), net profit attributable to parent KRW 0.7bn (down 42% YoY)
Debt ratio surged to 312.72% (from 280.96% at FY2025 end), net debt ratio 234.23% (from 204.89%)
Security solutions segment operating loss widened to KRW 2.3bn (vs loss of KRW 1.2bn), rental segment operating profit KRW 4.7bn (similar)
After reporting period, KRW 90bn of the 3rd convertible bonds (total KRW 100bn) converted into 5,464,476 common shares at conversion price of KRW 1,647