ATEC Mobility Q1 2026: Revenue up 92%, Net profit down 77%, Share buyback cancellation

Q1 2026 revenue: 12.0 billion KRW (+92.3% YoY), operating profit: 0.7 billion (-15.7%), net profit: 1.8 billion (-77.0%)
Revenue growth driven by railway automation equipment order (Korea Railroad, 9.2 billion KRW)
On March 27, 2026, completed cancellation of all 259,614 treasury shares (total shares: 5,340,000 → 5,080,386)
No debt; net debt-to-equity ratio 22.75% (previous year-end -7.16%)
Equity method investments in associates (ATEC Computer, ATEC Auto) at 5.79 billion; equity method loss of 0.13 billion (mainly from ATEC Auto)
R&D expenses 1.2 billion (10.03% of revenue); cash 3.34 billion; FVTPL financial assets 16.9 billion

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