Justek Inc (153890) Q1 2026 earnings summary

Executive summary

• Specializes in precision motion systems for semiconductors, displays, industrial automation, and space applications, with proprietary linear and DD motor technology and a strong patent portfolio.

• Q1 2026 revenue was KRW 3.49 billion, down sharply from KRW 22.16 billion in FY2025, with a net loss of KRW 280 million for the quarter.

• Maintains a robust R&D program, investing 17.2% of Q1 sales in research, focusing on advanced motion control and space-related technologies.

Financial highlights

• Q1 2026 consolidated revenue: KRW 3.49 billion (Q1 2025: KRW 2.67 billion; FY2025: KRW 22.16 billion).

• Q1 2026 operating loss: KRW 284 million; net loss: KRW 280 million; EPS: -27 KRW.

• Gross margin for Q1 2026: 42.3% (KRW 1.48 billion gross profit on KRW 3.49 billion sales).

• Cash and equivalents at Q1 2026: KRW 3.53 billion; total assets: KRW 22.19 billion; equity: KRW 10.36 billion.

• Q1 2026 R&D expense: KRW 561 million (17.2% of sales).

Outlook and guidance

• Market demand for high-precision motion systems expected to grow, driven by semiconductor, OLED, automation, and space sectors.

• Company is expanding into new applications, including 6G satellite communications and advanced industrial automation.