Wavus Q1 2026: Revenue Decline and Widened Net Loss, Continued Investment in New Businesses

Consolidated revenue: 11,227 million KRW, down 25.7% YoY
Consolidated net loss: 1,930 million KRW (vs loss of 990 million), loss widened
Separate revenue: 10,075 million KRW, down 18.0% YoY
Separate net loss: 1,858 million KRW (vs loss of 1,162 million)
Consolidated operating cash flow: 5 million KRW, sharp drop from 10,864 million
Order backlog maintained at 25,797 million KRW, new orders of 12,283 million
Continued R&D in spatial information platforms (GeOnPaaS/GeOnDT) and new products (GeOnCity, GeOnAirX, GeOnAI)
Financial asset valuation loss of 533 million KRW, increasing financial costs

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