SECUVE Q1 2026 Weak Earnings, Share Cancellation and Dividend Increase

Q1 2026 revenue KRW 2.32bn (down 13% YoY), operating profit KRW 0.07bn, net profit KRW 0.23bn (down 54% YoY).
On Feb 10, 2026, cancelled 341,779 treasury shares (total issued shares reduced to 7,658,221).
On Feb 27, 2026, disposed of 7,609 treasury shares. No treasury shares held as of report date.
Cash dividend for FY2025: KRW 150 per share (vs KRW 125 prior), total payout KRW 1.15bn.
Total assets KRW 53.15bn, liabilities KRW 4.40bn, equity KRW 48.76bn.
Credit rating A0 (NICE D&B, May 13, 2026).
R&D expense 59.4% of revenue.
Outside director Jeon Sam-hyun resigned on Apr 7, 2026.