Interojo reported its 26th annual report correction, achieving consolidated revenue of approximately 118.4 billion KRW and operating profit of 19.5 billion KRW, a 235% increase year-over-year.
To enhance shareholder value, the company canceled 1,802,731 treasury shares via profit cancellation, reducing outstanding shares from 13,216,478 to 11,413,747, a 13.6% decrease, with total share repurchases and cancellations of approximately 36.9 billion KRW.
Simultaneously, in October 2025, Interojo issued 1,493,428 redeemable convertible preferred shares worth 30 billion KRW, using 15.3 billion KRW for debt repayment; consequently, the consolidated gearing ratio rose from 7.04% to 19.90%.
The dividend per common share was raised from 300 KRW to 650 KRW, with total dividends of 8.3 billion KRW to be paid, and consolidated net debt increased from 12.9 billion KRW to 39.0 billion KRW.
Consolidated net income for the period was approximately 12.9 billion KRW, a significant improvement from 0.18 billion KRW last year, with basic earnings per share of 1,007 KRW.
[AI Summary]Interojo enhanced shareholder value through large-scale share cancellation, but the redeemable convertible preferred shares introduce potential dilution risk. The sharp operating profit growth improved cash flow, but the higher leverage and conversion price relative to current stock price will determine dilution impact. Overall, the financial structure remains stable, and shareholder return policies have strengthened.
KOSDAQ Filing Information
[Correction of Description] Business Report (2025.12)