Gridwiz Corrects Business Report and Acquires Assets, Focusing on Financial Improvement and Expansion

Gridwiz corrected its business report, supplementing summary financial information and details on tangible asset acquisition.
The company acquired land and buildings worth 23.6 billion won for business expansion, funded by internal cash and bank loans, and additionally recognized 20 billion won in long-term borrowings.
Consolidated revenue in 2025 was 125.6 billion won with operating profit of 0.8 billion won, turning to profit, while total equity increased to 133.1 billion won.
No dividends were paid, and no treasury stock transactions occurred.
Credit rating maintained at BBB0 by NICE D&B, and net debt is negative indicating sound financial health.
Cash and cash equivalents stood at 43.9 billion won, signifying low liquidity risk.
[AI Summary]Gridwiz laid the groundwork for growth through asset expansion and long-term borrowing without capital changes, signaling positive momentum with improved financial structure and a return to profitability. However, ongoing risks such as large allowance for doubtful accounts and litigation require attention.