ADTechnology Secures Future Growth Drivers with Expanded R&D Investment and Large Contracts Despite Consolidated Operating Loss in Q1 2026

Consolidated Q1 2026 revenue: KRW 36.0B, operating loss: KRW 0.36B (swing to loss), net income: KRW 0.36B (swing to profit). Separate revenue: KRW 26.7B, operating profit: KRW 0.92B, net profit: KRW 1.1B.
R&D expenditure of KRW 14.3B (53.4% of revenue), significantly increased YoY, focused on 2nm/4nm process and HPC platform development.
New large customer contracts secured: Customer 1 (KRW 10.58B), Customer 2 (KRW 8.55B), etc. Three customers each accounting for over 10% of revenue.
Consolidated debt ratio: 129.5% (up from 115.9% at year-end), separate debt ratio: 120.0% (up from 108.7%). Total borrowings maintained at KRW 76.5B.
Cash and cash equivalents increased to KRW 56.4B (from KRW 52.0B at year-end). No dividends or share buyback/cancellation.
One pending lawsuit (KRW 3.3B) with uncertain outcome.
Strengthened advanced process design capabilities (2nm/4nm) based on Arm Total Design partnership.