Dentium (A145720) Q1 2026 earnings summary

Executive summary

• Revenue for 1Q26 was ₩71.4 billion, down 7% year-over-year due to continued weak demand in key regions.

• Operating profit rose 65% year-over-year to ₩15.9 billion, driven by higher sales of low-cost products and cost efficiency.

• Net income increased 34% year-over-year to ₩17.1 billion, aided by favorable foreign exchange effects.

Financial highlights

• Gross margin improved to 76.7% from 62.8% a year ago, reflecting a 14 percentage point drop in cost of goods sold.

• EBITDA reached ₩22.4 billion, up 45% year-over-year.

• Operating margin rose to 22.2% from 12.5% year-over-year.

• SG&A expenses remained stable, while R&D spending fell 23% year-over-year.

Outlook and guidance

• Gradual sales recovery expected in the second half of 2026, especially in Russia and Vietnam.

• Double-digit revenue growth anticipated in Vietnam, with continued strength in Thailand.