Poled: Q1 2026 Consolidated Revenue KRW 25.3bn, Net Debt Ratio Improves to 10%

Q1 2026 consolidated revenue KRW 25.3bn (YoY +20%), operating profit KRW 4.5bn, net profit KRW 5.2bn
Net debt ratio improved to 10.13% from 21.61% at year-end 2025; cash and cash equivalents KRW 13.5bn
Subsidiaries Ufang and IVG both profitable (net profit KRW 0.97bn and KRW 0.91bn, respectively)
Largest shareholder Lee Hyung-moo increased stake to 14.57%; voting agreement signed to stabilize management
Effective tax rate of -14.0% due to tax refund from prior year correction (one-off)
R&D expense KRW 0.4bn (1.6% of sales); new products launched (Pixel Pot, All Age 360, etc.)

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