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SOFTCEN

Softcen: Q1 2026 Revenue Up, Operating Profit Turns Positive, Share Cancellation


  • Q1 2026 consolidated revenue KRW 10.5B (up 23% YoY from KRW 8.5B), operating profit of KRW 0.16B (vs loss of KRW 0.35B in Q1 2025), net loss of KRW 0.47B (improved from loss of KRW 1.06B).
  • Share cancellation: 1,311,356 common shares and 17,756 preferred shares cancelled (Mar 10, 2026), strengthening shareholder return policy.
  • Debt ratio improved to 34.27% (from 40.61% at end of 2025), cash and equivalents of KRW 60.1B, net cash position (negative net borrowings).
  • IT Solutions (China mobile) segment: revenue KRW 8.1B (77% of total), IT Infrastructure segment: KRW 2.4B.
  • New business: addition of solar power generation equipment supply and installation to business purpose, with expected investment of approximately KRW 1.5B in 2026.
  • 11th convertible bond: KRW 10B issued, KRW 7B outstanding, conversion price KRW 443, call option exercised for KRW 3B redemption.
  • Key risks: full provision of KRW 1.14B loan to related party (K Glass), three ongoing litigation cases (small amounts).

KOSDAQ Filing Information


  • Filing: Quarterly Report (2026.03)
  • Company: SOFTCEN (032680)
  • Submission: SOFTCEN CO., LTD.
  • Receipt: 05-15-2026