Agent AI Q1 2026: Net loss continues at 2.04 bln won, net debt ratio rises to 41.35%, 20:1 reverse stock split completed

Consolidated revenue of 27.2 bln won, operating loss of 19.8 bln won, net loss of 20.4 bln won (prior quarter net loss 18.5 bln won).
Net debt ratio surged to 41.35% from 26.79% at year-end; cash and equivalents decreased to 6.22 bln won.
Accumulated deficit of 119.5 bln won, equity capital erosion (total equity 35.4 bln won).
Completed 20:1 reverse stock split in April 2026: shares reduced from 79,821,468 to 3,991,073, capital reduced from 39.9 bln to 2.0 bln.
Change in largest shareholder to Satoshi Holdings (25.06%) in Nov 2025; business diversification including acquisition of NeedsGames.
Outstanding lawsuits: damage claim of 1.5 bln won and injunction against new share issuance (dismissed).
High allowance for doubtful accounts: 7.89 bln won (69.8%) on trade receivables of 11.3 bln won.
Goodwill of 6.57 bln won from NeedsGames acquisition, risk of impairment.

ADVERTISEMENT (250px+)