Homecast Q1 2026: Consolidated Operating Loss of 2.3B Won, Share Cancellation and Capital Surplus Transfer

Q1 2026 consolidated revenue 5.1B won, operating loss 2.3B won, net loss attributable to parent 0.47B won (revenue surged YoY but losses expanded)
In Jan 2026, cancelled 343,761 treasury shares (1.56B won), reducing outstanding shares to 34,694,251
Transferred 15B won from capital surplus to retained earnings, increasing distributable reserves
Debt ratio 4.3% (very low), cash and cash equivalents 40.2B won
High allowance for bad debts on receivables (91.5%), fully impaired receivables 8.2B won
Most loans to associates and joint ventures fully impaired
New businesses: AI-based mental healthcare and enterprise AI agent