Alux 2026 Q1: Revenue Up 36%, Operating Loss Widens; Secures Future Growth via Defense and Export Contracts

Revenue KRW 15.24B, +36.2% YoY (KRW 11.18B→15.24B)
Operating loss KRW 2.51B (vs loss KRW 1.68B), net loss KRW 3.27B (vs loss KRW 1.60B)
Increased costs from business expansion and R&D expenses (KRW 0.91B, 6.0% of revenue)
Debt ratio 107.2% (prior year-end 105.2%), net borrowing -KRW 17.65B (cash & equivalents KRW 13.31B + short-term financial instruments KRW 23.40B)
Drone segment: $10M export contract with Robolink, defense drone 'Coastal Reconnaissance UAV' demonstration and 'Drone Battle Competition' participation
Designated as 'Supply Chain Stabilization Leading Company' by Ministry of Land, localization of core components (motors, ESC) and B2B supply
35% market share in educational robots, product won CES 2024 Innovation Award
R&D: ~10 projects ongoing including autonomous flight drones, VTOL, military FPV
No dividend or share buyback plan (dividend possible per articles but not implemented)