Fantagio's cumulative operating loss reaches 5.3 billion won in Q3; tax penalty of 8.2 billion won adds financial burden

Consolidated cumulative Q3 (9 months): Revenue 25.65 billion won (vs. 25.52 billion won), operating loss 5.28 billion won (vs. 2.85 billion won), net loss attributable to parent 5.27 billion won (vs. 1.09 billion won)
Tax penalty of 8.2 billion won imposed in August 2025 (corporate tax audit, 2020-2024); appeal filed
Convertible bond (7th series) 13 billion won; maturity extended by 1 year (Nov 2026); derivatives re-measured due to condition changes
Capital decrease (share consolidation) effective April 14, 2026 (from 45,957,058 shares to 9,191,411 shares)
Rights offering (third-party allocation) of 5 billion won resolved on May 12, 2026 (3,270,111 new shares at 1,529 won each); expected change in largest shareholder
Key subsidiaries: FantagioM (newly established), Studio Panini (drama production), Kiwi No.1 Fund (36% stake)
Convertible bonds and derivatives with related parties (Mirae I&G, Incon) totaling 14.39 billion won
No dividend plans

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