Gogolook (6902) Q1 2026 earnings summary

Executive summary

• Achieved strong 1Q26 results with revenue of NT$303mn (up 26.6% YoY) and net income of NT$58mn (up 600% YoY), with profitability exceeding the previous full-year total.

• Operating margin rose to 18%, a 13.9 percentage point increase YoY, driven by operational efficiency and AI adoption.

• Maintained robust liquidity and capital structure, with cash and cash equivalents rising to NT$350mn (+97% YoY) and equity ratio improving to 57%.

• Overseas expansion and diversified product lines, especially in fintech and anti-scam services, fueled growth.

• Profitability in 1Q26 exceeded the full-year total of the previous year, with a more optimistic outlook for the full year.

Financial highlights

• Revenue: NT$303mn (+26.6% YoY, +1% QoQ); net income: NT$58mn (+600% YoY, +26% QoQ); EPS: NT$1.64 (+531% YoY).

• Gross margin: 89% (+0.7 ppts YoY); operating margin: 18% (+13.9 ppts YoY).

• EBITDA margin: 20% (up from 7% YoY); net margin: 19% (up from 3% YoY).

• Cash and cash equivalents rose to NT$350mn as of March 31, 2026, up from NT$178mn a year earlier.

• OPEX/Sales ratio improved to 71% from 84% YoY.

Outlook and guidance

• Full-year profit outlook revised upward; revenue expected to reach a new record high.

• Management expects continued growth in both anti-scam and fintech segments, supported by product innovation and market expansion.

• All three major services—Consumer Anti-Scam, Corporate Anti-Scam, and Fintech—will continue to expand.

• Fintech Services expected to contribute to profits for the first time and reach ~30% of total revenue.

• Three-year strategy targets rapid profit growth and long-term revenue expansion.