Dexter Increases VFX Contract Amount and Extends Period, Contributing 6.97% to Sales
Dexter signed a supplementary agreement to increase the VFX production contract for drama E from 4.6 billion KRW to 4.72 billion KRW, an increase of 120 million KRW, and extend the contract period to July 31, 2026.
This amendment to the original contract signed in December 2024, with the additional amount to be paid in July, brings the total contract to 6.97% of recent sales of 67.7 billion KRW.
The counterparty is Showrunners, a broadcasting program production company with a history of similar contracts over the past three years, ensuring transaction stability.
The increase reflects additional VFX work, and stable revenue recognition is expected aligned with the drama production schedule.
This is a voluntary disclosure, and contract terms may adjust according to production schedules.
[AI Summary]Dexter's contract amendment indicates business expansion with a slight increase in sales contribution to 6.97%. With no capital changes, it positively impacts operating cash flow but has limited stock price impact due to modest scale. The counterparty's creditworthiness is stable.
KOSDAQ Filing Information
[Correction Of Description] Conclusion Of Single Sales And Supply Agreement (Voluntary Disclosure)