Contec (451760) investor relations material

Executive summary

• 9M 2026 revenue was KRW 52,404 million, below KRW 60,555 million in 9M 2025; operating loss narrowed to KRW 8,986 million from KRW 11,934 million.

• Net income was KRW 2,942 million versus a KRW 15,845 million net loss a year earlier; the period included a KRW 12,011 million gain on the disposal of CSO.

• Quarterly consolidated statements were unaudited and had not been reviewed by the external auditor.

Financial highlights

• 9M revenue fell to KRW 52,404 million from KRW 60,555 million; gross profit was KRW 6,663 million versus KRW 6,597 million.

• 9M operating loss narrowed to KRW 8,986 million from KRW 11,934 million; net income was KRW 2,942 million versus a KRW 15,845 million loss.

• 9M consolidated basic EPS was KRW 454 in the summary financial data; current-period net income included discontinued operations.

• Cash and cash equivalents were KRW 50,631 million at Sep. 30, 2026, versus KRW 44,372 million at Dec. 31, 2025.

Outlook and guidance

• Planned investment includes additional domestic and overseas ground stations, including OGS facilities, space situational awareness infrastructure, and satellite launches and operations.

• Development priorities include automated constellation control, laser-based optical communications ground networks, and optical space situational awareness services.

• Public-sector awards are typically seasonally stronger in spring and autumn, with Q4 traditionally having higher revenue; percentage-of-completion recognition is intended to spread revenue across periods.